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Ya great post Maj your famous on Twitter lol
So my shares will be worth 5 pounds one day wow you would think everyone would be buying them now...
Great post MAJWandCo. Don't know how you have the patience to respond to that reaper. GLA
But why do the deal via Aldebaron? Why not do the deal direct (with Aquua if that's who you're alluding to) and say "We've done this deal with a party we can't name yet due to NDA", rather than "We've done this deal with a pop-up outfit called Aldebaron who we want you to believe are tech disruptors [but actually don't exist yet], to sit between us and the client we can't name yet due to NDA"?
It's a bizarre way of doing things.
And regarding Aaqua, that's a punt in itself. Might be the next Facebook or LinkedIn or whatever, or might flop just like Google+, Bebo, and all the other SM also-rans.
The £36m is presumably for work, technology etc provided by Dev, so I'm not sure you can just make the leap and say Aldebaron (whoever they are) are valuing Dev at £5.14 per share. It just looks like a bung for awarding this mysterious contract to Dev.
I've thought for some time that another of Chris Akers investments (currently unlisted) might be involved in the background somewhere and I'm assuming that's what you're alluding to in your last post?
Q1. Aldebaron formed 5 days after the June 21st announcement. Odd. And means Aldebaron is definitely not what the RNS led people to believe (but some of us worked that out at the time). Why does a project with a client under NDA have to involve some mysterious outfit in Dubai? Why not just do the deal direct and say "we can't reveal the client or project right now because it's under NDA?".
A1. Aldebaron is quite clearly nothing but a vehicle which facilities a transaction with the NDA Client. No more, no less. That transactional event will happen across the business world every day of the week. Rather than pick apart transactional semantics, savvy investors have already pieced together who the NDA client might be (based upon the expected geographical rollout and timeframes given within RNS') - No assurances of course, but the dots join up. You cannot see the wood for the trees here Bobby.
This potential NDA Client has immense potential based on the quality of the hires in the last 12 months. These hires are leaving the biggest companies in the world to join this new enterprise. You simply do not leave a safe job with the global tech elite for anything other than something huge.
Q2. Why does the mysterious Dubai outfit need to be handed millions of shares for nothing?
|A2. They will be issued 7m shares in exchange for the facilitation of a £36m ($t0m) guaranteed minimum contract. This equates to each DEV share being offered at £5.14 per share, a 1600% increase to today's share price. You speculate to accumulate: Very good business for both sides.
Q3. What us the rationale for handing the Dubai outfit millions of warrants at 60p do they can flip and depress the SP at a time of their choosing should that trade become profitable for them? Why not just do a placing at a time of the companies choosing to match cash outflow?
A4. Very odd question in the context of the current share price. The 60p Warrants currently represent a 100% premium to the current share price. I for one will be delighted if Dev Clever raised £36m at 60p (via 60m Warrants). Dev has a history of carrying out premium fundraises, this 100% premium warrant is continuation of the demand for this share.
Q4. What is the expected penetration and average revenue per user of the Indian roll out? How does that filter down to the bottom line?
A4. 'Indian roll out' is a broad term as Dev now has multiple revenue streams within India alone (NISA Schools, CSC Acadamies, NDA Client). DEV has a B2b model and B2C model across the different revenue streams above.
Looking at industry norms, it is very quickly to see that even a fractional uptake (under 0.1% of students within reach) will see revenues in the 10's of millions. Fractional increases in that uptake will see that figure reach 100's of millions.
The SaaS sector has a gross margin of ~90%, meaning EBITDA is likely to be huge on those numbers.
Look at Byju's who last year made a loss of $8m and were valu
No sensible answers or thoughts as to the points raised. Enjoy investing in your echo chamber.
@bigbadbob.
Not invested ! says it all yet you want to post with such intent on this BB.
You have zero credibility here.
Filtered !