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My bad, I stand corrected. My prediction was 84p, thanks for jumping in Raharh!!
I wasn't saying anything negative about the placing in my post. I too have only been in this game for just over a year and have learned a lot, mostly the hard way but this stock has levelled me up which I am very grateful for.
As I say, nothing is set in stone just take each rise one at a time and don't see £10 per share as an absolute given.
Oh, ok, well I got £1.24 and 7days of trading left. So that's roughly a 65% increase (or a 165% for the maths purists out there). So that equates crudely to an 8% increase each day which is compounded. This is very doable based on what we've seen in the past week, though it'll get blown out of the water if OTC lands, then it's £1.50.
The above is just my opinion, and I'm not an expert, my prediction is based on what I've seen and learned thus far, and using that to inform my future SP prediction.
Rambino. It is 84p for Rico81.
So I only have been at ‘this game of investing’ since last March last year due to lockdown looming and have learnt a lot , and still learning! This is the first placing I have encountered where it has not been not at a discount and where the SP rise in the day. I can’t see the shares been flipped quickly due to investment being from existing shareholders and the volume we are currently doing daily would get them clear quickly in any case.
Also, warrants at 80p are fine, they are at a premium and there are only 600,000 of them available.
The placing is out of the way. VLRM has £1m in the bank and can claim another 500k as soon as SP stays over 80p for 5 days and it only adds 600k more shares.
I hope every raise of every share I invest in is done in this way.
What was your end of month prediction @Rico81?
The best thing to do here is manage your own expectations . The ramping begins to come across as disingenuous especially when something happens that they have vehemently said will not. Nothing is set in stone as some might have you believe. I like to make my own mind up, as most do, based on the fundamentals! This is a very interesting share and is currently very exciting to be a part of but don't get wrapped up too much with the sentiment. I have in the past, in my naivety, and lost a considerable amount. I really want this to do well for all of us invested here so GLA and lets hope this rockets. And by the way I'm not de-ramping here just keeping it real! The share price at the moment is exactly on my prediction for the end of the month so you can see I'm not getting too carried away. With the placing and no RNS yet re OTC, I think we will hover at this base level until news arrives. I do hope I'm wrong though!
Also can I add to what I said I think 80p is a great attempt and churning the warrants out PRE-OTC ;)
But yes it very much is a reward for existing shareholders who took that risk of a 70p placing for an area that was only crossed twice by this stock before that! Combined with what I said prior.
The placing was very much private investor focused and didn’t hand our golden chips away in size and at a discount! As for Richards £10 he’s not wrong look at the “securitize” post earlier from Morgan Stanley. But we’d need US exposure to go anyway near that premium. Luckily In due course we will
It's a fair point @willhi02. I think there is a subtle difference here though in my opinion. This investment (placing) is with existing shareholders who had obviously already bought in to the company. I think "placings" when they're with an external source (a new investor) are viewed a little more negatively. That's just my opinion, and I think RP was thinking of the latter (an external source, going out to the market) when he said a premium placing in the future. Fair play to RP though, if the company needed investment for growth in the short term, I'm glad he's gone out to get it, and he's got it from existing investors to grow the business for us all.
As for the warrants, investors want to be rewarded for the risks they take, and it also depends upon the timing of the negotiations and how soon the investment is required by. So I'm guessing the £1M was needed ASAP to ensure VLRM takes advantage of it's current momentum, so yes, it could be argued that the warrants could have been a higher future SP, but 80p doesn't seem unreasonable in the context of the status quo, and what is required right now.
You can’t have it both ways. You can’t raise money a touch above Friday’s close at 70p and an area where Valereum had only passed briefly twice before that and then not incentivise placees with some reward in the immediate term. That’s why the strike price is 80p. Furthermore it was also a raise to an existing group of shareholders and so the 80p strike price in some sense was a thank you for the support signal.
Of course, you’re entitled to your view but I like these raises they’ve created a solid 70 floor that we can now quickly move into the pounds without qualms from, and I’m sure our peers at Argo who had 2 very large and disgusting placings substantially more dilution and a 25% or so discount both times would be beaming at us with green eyes, that’s for sure.
Private investors who complain about one of the best raises I’ve seen in months on AIM/Aquis will never be happy, people will always find a way to complain - the smart money would see what was a speculative price by all accounts (as if only reached the 70s twice) they now see a great floor to rise off of and have less qualms entering in.
And of course for the reasons I’ve stated in a prior post why it was a good raise and what it means for the company.
As for your point on an OTC RNS, I assure you Richard more then anyone wants that to come in! Unfortunately he has zero control over the process just like MODE and NFT I who also applied for the OTC on the very same day as VLRM. It’s very much completed just needs regulatory sign off from FINRA as I’ve explained weeks ago there is sadly a backlog due to the sheer volume of companies being listed onto the OTC in recent months.
That being said I do have a funny feeling about next week :)
Mixed feelings on the RNS to be honest. It wasn't too long ago that RP said no placing would be required and whenever a poster on here suggested a placing would be needed they were often shouted down as a de-ramper and told that it had come straight form the horses mouth that there would be no placing. As it is I have always felt a placing was needed to take place as the company clearly needs money to effectively market the Bridge platform and the wider intentions of the firm. If this is going to be a transformation company it needs an effective marketing campaign and that was always going to cost money.
What I am disappointed with however is the price of the warrants. The palcing not being done at a discount was encouraging but the warrants should have an exercise price higher than 80p if RP truly believes the firm should be valued at £10 per share. I think a fairer exercise price would have been the £1 mark. As it stands the warrants will probably be exercised in the next three weeks (which is fine by me as it means a sustained share price of over 80p) but it would have been nice if the exercise price had of been higher to encourage a further SP rise.
Regardless the real RNS we want to read is the OTC listing.
Love the summaries, thanks for posting all :-)
Love Monday’s with Valereum always up .
It could very much be the Kyudoka boys who took the bulk of it but of course that is insider information I wouldn’t be able to confirm yet, I’ve heard whispers of Lenigas having a second pop too.
I am having a word with Hanif later next week over my own mining operation I am working on, but considering he was stating he wanted a circa $1M investment and believed VLRM would be trading in the $15 range by the end of the year I wouldn’t be surprised if it was them who plugged most of the raise. Which is also great as they are long term investors far longer term then some of the private investors who pass the borders of this forum!
Discussions later this week on VLRMs PR campaign for the next month over in the US should be very telling. They have big plans and undoubtedly with the substantial Morgan Stanley investment into one of our more infant peers. The true value of Valereum will begin to come to play in the coming weeks!
Anyway GLA. We’ve only begun climbing the mountain much further to go here
You need to have a different perspective on the US. They will do their research but ultimately VLRM will hit with 65.2m shares and 600k warrants. The placing has happened - in hindsight a good thing - and without a discount to Friday's price. I suspect an investor with deep pockets offered it from what BlackXBag has said (no reason to disbelieve) as a way of funding and it meant that VLRM is secure, there isnt a messy placing (PrimaryBid etc..) and it is a known party.
When this hits the US the RNS is old news and gone, what the US dont like is placings when they have bought shares - ARB is testament to that.
All the worry of a placing is now gone, and on the day it was placed we have gone up.
The yanks” get hit with far more substantial placings sometimes intra-day then £1M out of sub 65M shares. The warrants again very small dilution it won’t affect anything.
Fools think this raise was a bad thing, I only see it as a positive 1) it consolidates the base at 70p with an incentive to 80p+ 2) they raised at such a level despite only reaching it twice and raised in rapid fashion proving the appetite from larger investors wanting to join this incredible journey 3) dilution was minimal 4) it was the first raise in 6 months, this was unlike ARBs numerous very large and very discounted placings 4) the capital will be used to help “launch the bridge” in other words for an empowered PR strategy and working capital until sufficient revenue from “The Bridge” takes hold.
People complaining about a £1M raise are narrow minded and don’t have the reason or capacity to see through a company with enormous potential and global reach with a platform that will change the way multi-trillion dollar crypto and fiat financial markets operate forever.
I’ve just seen something particularly intriguing a $48M series B seed investment by Morgan Stanley into a company “securitize” who seek to tokenise bonds and stocks via blockchain. The valuation of this company is over $300M even at it’s infancy stage.
Valereum’s The Bridge offers something similar tokenising stocks, bonds and debt swaps but our platform will open the door for 24/7 trading of these securities across borders. Our platform also utilises Mattereum Asset Passport technology in order to provide wholly asset backed tokens. And lastly our platform also facilitates these stock/bond tokens to be bridged to crypto assets allowing for the trading of the two worlds harmoniously.
Our Platform launches in weeks, Securitise still seem a while off from any launch. The enthusiasm for DeFi tech companies that operate in this space has been undeterred by crypto volatility and the fact that our more advanced more evolved platform which sits between £40-50M market cap against Securitise and their more limited $300M platform which is still in the infancy of its development is extremely telling on where Valereum is heading once we list across the pond and launch “the bridge”.
This is a marathon not a sprint, hold onto these golden tickets for your dear life. When the fire gets lit in the next few weeks, it will be unstoppable and these 70-80-90p talks will be laughed at as we discuss in the pounds.
All investors are ultimately here to make money (it's not a crime), and existing shareholders that have invested £1million pounds (at their own risk) to further develop the company are being given the option to purchase more. That just sounds like "fair" business to me.
Another way of saying the same thing: If anyone was investing another £1million on top of their initial large investment to grow a company, then understandably (in my opinion) they would want the option to buy more shares if it had been their £1million pounds that helped grow the business.
Investors need a reason to invest, and if they are not rewarded then they won't invest.
I don't know what the Yanks will make of the two dilutions on that RNS when it lists on OTC. And it sounds like someone is getting looked after by being allowed to buy more shares.
thank you i give it a go many thanks
Thats a load of rubbish mate you must have got a new dealer, ask for Neil if hes available he did mine. Just getting through the call in centre lot first is the real hastle
IG ARE CRAP YOU PHONE GET THROUGH TO A DEALER AND YOU CAN NOT BUY REASON BECAUSE ITS ON THE NEX EXCHANGE I PHONED THIS MORNING GOT THAT ANSWER = **** BROKER
From my understanding ii have online trading too for VLRM as do HL but both are market best and or fill or kill
IG is strictly phone order and AJ are live quote on the app.
As an old PCGE holder who put them in the bottom draw. Iv'e topped up many time's. Missed out early cos had to fill a form out on ii. Never mind in profit. Let's hope for great thing's.
Is it only telephone trades on ii? Or can you get live trades like EQI?
Well done Super tag you held well and good profit for you ,I thought a few old PCGE holders would sell when it gets to this range . Keeps the free float going .