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Idiot.
Nice buying today all of a sudden. Expecting an update about the extras from the sale of the Imaginatik business, but maybe they'll be more! Like confirmation of the rto for a fintech!
We won;t have to wait long now ..one way or another this will be concluded....
Will they walk off with the shareholders funds or do the honorable thing and get a
deal completed.
Someone call the governor, no news this is getting ridiculous....
Would be epic if they got news!
Looks to me like there are back ground buyers here accumalting loose stock from any selling.
MM drop the bid to encourage sellers to fill back ground buyer(s) ?
Let's see where we are at EOD
May see more big buys as we count down the days before RTO news
That 18.95k late buy is hopefully a sign of good things to come.
People selling out on the low price and some one accumulating. This will double treble on news
Unfortunately we don't have much to go on. I think the mystery independent consultant was brought in to oversee the RTO into a fintech company. But we will have to wait for news and cross fingers :)
Adrian thanks for the info.
However have we received an RNS or official news to confirm the RTO?
RTO will be completed within the next six weeks. The procedure is not over complexed and cash shells are in high demand, because companies can begin listing on the stock market without having to IPO first, which saves them a lot of time and money.
6 weeks and this is game over.
Any newsssssssssssssssssssssss!?!?????????????????????????
That's a lot of confidence based on no information. Let's hope something positive comes out of ABAL.
Early September is the deadline. I'm 100% confident the RTO will be completed before then.
50000 sell every day. Trying to keep the price down. Once news is out this will double treble
Anyone???
Thanks Ace for the info.
Problem with the rto is how long do they have left is Aug/Sep. the deadline?
They took some in the placing on 3rd December 2018 at 1.2p and also converted a CLN at 1.1p in January 2019
Do we know what 8C paid for their 22% ?
Tia
Eight have 22% of Abal and paid a lot more than the current price. Treacy is a director of both. A rto could benefit everyone and TAG is a fintech. Otherwise, like all these things, it's just guessing.
What does this mean for Abal???
Eight talk about The Avantgard Group in their AGM notice. They say it's been valued at Eur75m. Certainly a fintech and looking for a listing as they say here:
"In September 2018 the Company invested €111,100 in an 8 per cent. bond in Finance Partners Group SPA (“FPG”). The Company has since reviewed a number of capital raising and investment opportunities with FPG and has now agreed, subject to the conditions below, to proceed with a further investment in FPG. FPG is an Italian financial services company that, among other things, takes minority stakes in private companies seeking future listings on public markets. It currently has shareholdings in two such investee companies – The Avantgarde Group (“TAG”) a fast growing fintech company, and, We Arena (“WE”), a digital
media gaming company."
Cannot believe pi bought 340038 this morning and sold at a loss over £500. Patience required.
Blockchain?
Great to have positive news, new person brought in to oversee reverse takeover with a company in the Financial technology sector.