Firering Strategic Minerals: From explorer to producer. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Up 15% trading as TAP on AQSE
Started: Dote59, 9 Jan 2023 10:39
Last post: MasterRSI, 9 Jan 2023 23:30
TAP Global
FINTAP is our product platform in the blockchain crypto payment technology space to transform and streamline bitcoin payments.
Our vision is to leverage a decentralized and permissionless bitcoin payment solution with cryptocurrencies as a vehicle for financial innovation.
Https://www.tapglobalgroup.com/
Acq of TAP approved and trading to resume tomorrow.
There was an RNS yesterday 4th January
It looks like someone "Ruparell" had some shares in the company and after taking stock in the placing has gone over 3% to 3,21% and had to declare it...
3. Details of person subject to the notification obligation
Name Saagar Ruparell
5. Date on which the threshold was crossed or 30/12/2022
6. Date on which issuer notified (DD/MM/YYYY): 03/01/2023
Resulting 3.21% 5,500,000 shares
Position of previous Below 3%
Not showing at LSE .............
Quetzal Capital Plc Proposed Acquisition of Tap, £3.1m Subscription and AGM
Highlights
* Proposed acquisition of Tap for a consideration of £20.25 million payable
through the issue of 450,000,000 Consideration Shares at the Subscription
Price.
* Conditional Subscription for £3.1 million worth of Ordinary Shares in the
Company at 4.5 pence per share.
* Proposed change of name to Tap Global Group Plc.
* Proposed re-admission to the Access Segment of the AQSE Growth Market of
the enlarged share capital with trading expected to recommence on or around
10 January 2023.
https://uk.advfn.com/stock-market/AQSE/quetzal-capital-QTZ/share-news/Quetzal-Capital-Plc-Proposed-Acquisition-of-Tap/89794322
RNS today says dealing to recommence 10.1.23. More details of issue.
Started: Hufc1908, 29 Dec 2022 18:32
Last post: Hufc1908, 29 Dec 2022 18:32
Trader's Cafe @ZaksTradersCafe Stocks For 2023: Countdown 15 to 11
15) Marula #MARU 3.75p Target 10p
14) Tirupati #TGR 33p Target 100p
13) Quetzal #QTZ 3.4p Target 10p
12) Canadian Overseas #COPL 18p Target 40p
11) Premier African #PREM 0.5p Target 0.8p
https://twitter.com/Share_Talk/status/1608528378612649984?s=20
We are all too familiar with the meltdown that there has been in the tech space, as the market has travelled down the other side of the mountain that it climbed during the pandemic. Indeed, in the sub sector of the crypto space things have been even more harsh, a point underlined by the demise of FTX, in the most ignominious way. However, such crises offer opportunity, and the opportunity that Quetzal has cracked is to be one of the few fully regulated and integrated providers of both fiat and crypto services. Tap customers can access
https://www.share-talk.com/traders-cafe-with-zak-mir-stocks-for-2023-countdown-15-to-11/
Started: MasterRSI, 1 Nov 2022 16:41
Last post: MasterRSI, 1 Nov 2022 16:41
re - today's news
Will the fundraising will include the shareholders, or only the large ones and new Investors?
https://www.investegate.co.uk/quetzal-capital-plc--qtz-/prn/signing-of-spa--suspension-and-clns-option/20221101070000P14E3/
Started: MasterRSI, 30 Oct 2022 21:58
Last post: giantpeach2, 1 Nov 2022 09:51
Quetzal Capital Plc
("Quetzal" or the "Company")
Extension to Exercise Date of £500,000 Optional CLNs
Signing of SPA to Acquire TAP Global
Suspension from Trading on AQSE
Quetzal Capital Plc (AQSE: QTZ) is pleased to announce that, further to its
announcement on 7 October 2022, it has signed an agreement ("SPA")
conditionally to acquire the issued, and to be issued, share capital of Tap
Global Ltd ("Tap"), other than the shares to be issued to Quetzal on the
exercise of its conversion rights under convertible loan notes issued to the
Company by Tap Global ("CLNs") subject, amongst other things, to the Company
securing the required fundraise to satisfy the terms of the SPA.
Under the terms of the SPA, the consideration to TAP's existing shareholders
will be 450,000,000 ordinary shares in Quetzal.
Should the fundraise be secured, an Admission Document giving full details of
the proposed Reverse Takeover of Tap ("RTO") will be published. Completion of
the RTO will remain conditional on the approval of the proposed acquisition and
fundraise by Quetzal's existing shareholders and admission of the enlarged
share capital to trading on the Access segment of the AQSE Growth Market.
Quetzal announced on 3 December 2021 that it had subscribed for an aggregate
of £1,500,000 of CLNs in TAP Global. Should the CLNs convert they will do so
at a 50% discount to the valuation of Tap calculated on a conversion event
involving the acquisition of the entire issued share capital of Tap by Quetzal.
Under the terms of the instrument constituting the CLNs, Quetzal had the right
to subscribe for a further £500,000 CLNs, until 31 October 2022. As part of the
arrangements for the RTO, Tap has agreed to extend the deadline to subscribe
for these additional CLNs to 31 December 2022.
As a result of the SPA having been signed, in accordance with the AQSE Growth
Market Access Rulebook, and at the request of the Company, the shares in
Quetzal have today been suspended from trading.
The Directors expect that completion of the Reverse Takeover transaction and
re-admission of the enlarged Company on AQSE will occur following the
publication of the Admission Document and, as noted above, will be subject to
existing Quetzal shareholders' approval of the proposals at a General Meeting.
It is also proposed that, on completion of the proposed Reverse Takeover of Tap
("RTO"), the Company will be renamed TAP Global Plc.
As noted above the RTO is subject to a minimum fundraise being secured.
Accordingly there is no guarantee that the proposed RTO will complete. However,
the Directors currently anticipate that an Admission Document relating to the
proposals will be published on or around the end of November 2022.
John Taylor, Chairman of Quetzal Capital Plc said:
"We are delighted to
Monecor has been the seller
while
C. Akers has been accumulating during the last 2 weeks from 22% to 23.4% and then 24.1%.
A few large trades last Friday 28th it shows in the volume chart.
Though some are repeated and the same numbers 1M, 1.3M. ( strange )
It seems any sale is being repurchased by someone else
But slowly is moving higher from the lows lately
chart with volume ... http://uk.advfn.com/p.php?pid=staticchart&s=AQSE^QTZ&width=490&height=305&p=2&t=1&dm=2&vol=1&cb=
Started: donnysmind, 27 Jun 2022 15:31
Last post: Wat_Dabney, 27 Jun 2022 22:00
Two of them??
Now that's a pretty big buy...
Last post: crawshaw, 21 Apr 2022 14:42
.
Started: x54v, 5 Apr 2022 10:54
Last post: x54v, 5 Apr 2022 10:54
"Perhaps the obvious one is that if QTZ owns 100% of TAP, its valuation should migrate from its current £7m to at least the £26.5m minimum of its investee company over the near term. This is especially the case given how hot the fintech / banking platform space is at the moment, with rumours of sector counterpart, banking app Ziglu, currently being sold for many multiples of this figure."
http://tinyurl.com/2p96t5xz
Started: x54v, 1 Apr 2022 22:47
Last post: x54v, 1 Apr 2022 22:47
Persistent buying this morning
Started: Wat_Dabney, 9 Feb 2022 12:55
Last post: donnysmind, 9 Feb 2022 16:30
It has been reported today - https://www.**********.co.uk/rns/announcement/46861bc4-c18f-42bb-9126-acce1e5b2fe9
Bought another 100k shares myself
Have a few days before it needs to be reported I think.
Enjoying the slight sideways move while I can to keep increasing my position when funds become available!
Chris Akers increased his holding to over 18% - not sure why rns not showing on lse!
Started: x54v, 31 Jan 2022 09:59
Last post: x54v, 31 Jan 2022 09:59
Platform developing "incredibly quickly" and likely to lead to an "explosion of new users". Sounding very positive.
https://investegate.co.uk/quetzal-capital-plc--qtz-/prn/update-on-tap-global/20220131070000PDAB1
Started: stiarno, 29 Dec 2021 16:43
Last post: x54v, 11 Jan 2022 21:32
Been a seller who has finally exited today apparently. Market picked up on this at 1:30pm as buyers came in.
SP dwindling again, has anyone topped up?
ok to wake you up at around 15p target Mr Akers has set? ;) was checking the price every half an hour too..lol
Wake me up someone, I must be dreaming
Started: donnysmind, 13 Dec 2021 09:07
Last post: donnysmind, 13 Dec 2021 09:07
This is fantastic news and I am enjoying the news flow do far
Started: bunsenburner123, 23 Sep 2021 21:15
Last post: bunsenburner123, 13 Dec 2021 07:57
Incredible news today, timed my buy well
The £9,950 at 3.65p is my buy, not sell as is marked
I can see this being 30p+ in ‘22
He has bought shares moving his holding from 16% up to over 17.2%
Big top ups from myself yesterday and this morning. Ready for a leg up next week.
I don't think too many have cottoned on to the potential of this deal here and a possible revaluation in the QTZ (being the SPAC) share price.
TAP has about 25% less customers than rival Ziglu.
Ziglu valued at £85m recently pre new money according to the 3/12/21 tweet by Chris Akers on Twitter (Holds 16% of QTZ)
'Quetzal Capital Plc - £1.5m CLN and Call Option to Acquire Tap Global. TAP is very well positioned compared to other opportunities arising in the De-Fi and crypto settlement space. Rival Ziglu recently raised £7.3m at £85m pre-money.'
https://twitter.com/sportschris/
7/10/21 - Ziglu has seen rapid growth, with a total of 80,000+ customer sign-ups, at an average 20% MoM growth rate in 2021.
https://www.thearmchairtrader.com/ziglu-scale-up-seedrs-fundraiser/
3/12/21 - Since launching to the public in February 2020, TAP Global has grown to now having over 58,000 registered users and is a revenue and cash flow generating business that currently operates in 28 countries across the globe. The funding will assist TAP Global’s continued rapid expansion. TAP Global has also signed a call option in favour of Quetzal (“Call Option”), that gives Quetzal the right to acquire 100% of the issued share capital of TAP Global, subject to certain terms being agreed on a Sale and Purchase Agreement (“SPA”). One such term will be the achievement of a minimum valuation for TAP Global of £26.5m as a result of any conversion event.
https://www.investegate.co.uk/quetzal-capital-plc--qtz-/prn/-1.5m-cln-and-call-option-to-acquire-tap-global/20211203070000P76C6/
Hello. This is earth calling. Please read news.
https://www.investegate.co.uk/quetzal-capital-plc--qtz-/prn/-1.5m-cln-and-call-option-to-acquire-tap-global/20211203070000P76C6/
I have asked the company but this link suggests it is an area of interest so look on http://quetzalcapital.co.uk/ and you will see in the opening statement the type of companies that they are seeking to invest in.
Hi, don't understand the link here? Are tap connected to qtz in some way?
Very good development today
https://www.tap.global/
I have seen on RNS some minor reductions in the holdings of Monecor, Mahtani and Patel in the last few months. http://quetzalcapital.co.uk/
Started: Dote59, 30 Sep 2021 11:37
Last post: Dote59, 30 Sep 2021 11:37
Monecor holding increased to 13.016% on 28th Sept.
Does this SPAC have to have an RTO ready by beginning of October to meet 6 month rule?
Started: MasterRSI, 17 Aug 2021 23:15
Last post: MasterRSI, 17 Aug 2021 23:15
New FCA guidance is a welcome step forward for UK SPACs- August 17, 2021
The rules for SPACs are changing – a move that could breathe fresh life into the London market.
New regulation that came into force last week provides extra flexibility for large Special Purpose Acquisition Companies while offering greater protection for investors.
The changes relate to the thorny issue of automated trading suspensions. SPACs that raise at least £100m at IPO will no longer have their shares suspended once an acquisition target is announced provided that they meet a number of criteria promoting investor protection.
This addresses the quandary of investors being locked in at the most pivotal stage of a SPAC’s lifecycle, unable to access their capital and exit their position until a prospectus has been published, and brings the LSE into line with other major exchanges.
Under the new regime, to avoid share suspension, SPACs are to provide investors with a ‘redemption’ option so they can exit before an acquisition is completed. They must also, among other measures, ensure money raised from public shareholders is ringfenced and that shareholder approval is sought for any proposed acquisition.....
Https://businesscloud.co.uk/opinion/new-fca-guidance-is-a-welcome-step-forward-for-uk-spacs/
His last tips certainly did very well:
"Half time performance (Jan - June 2021). #AAA +253% from 15p to 53p #ASLR +123% from 30p to 67p #BOOM +261% from 249p to 900p #DEV +205% from 15p to 45.8p #IME +18% from 30p to 35.5p and #PIRI +19% from 7p to 8.35p. Average gain YTD +147%. My 31 Dec 2021 targets to follow. DYOR."
https://twitter.com/sportschris/status/1410269401513926656
15p target from Chris Akers yesterday.
"My 31 Dec 2021 price targets. #AAA 125p #ASLR 120p #BOOM 1500p #DEV 85p #IME 70p #PIRI 15p. #GUN 2.5p #MBT 8p #OBE 10p #ORE 4p #RGO 3p #QTZ 15p. Remember that past performance is not a guide to future performance. DYOR."
https://twitter.com/sportschris/status/1410292238383562758
Started: x54v, 9 Jun 2021 16:18
Last post: x54v, 22 Jun 2021 14:09
Nice little bit of blue this morning. Looking forward to this one!
When that statement was made:
https://investegate.co.uk/quetzal-capital-plc--qtz-/prn/results-of-gm--board-changes--director-options/20210401130720P4915
The statement suggests the company was evaluating investment options from the beginning of March onwards.
We're now 3 months on from that, so news could be close.
April 1st?
1st April - "The Board has been busy evaluating investment options for the last month and all the conditions are now set to execute on the new strategy."
---
Can't be long now until transformational news.
Last post: MADGEYBOY, 21 Jun 2021 20:15
Think we could be closing in on some news very soon. Let’s see and hope we’re all rewarded.