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There are very few similarities saigon
RGO is making significant amounts of cash from their more traditional financing investments, that's the primary difference. The market cap is pretty much supported by this alone.
Given the similarities I don't understand why RGO should be soaring ahead while PIRI is in reverse...
Hi Stetchum et al..
Like I say couldn't buy in here on interactive Investor.. should have changed broker!
However when you say that that you can't understand this being undervalued compared to PIRI, I think it's fair to point out that's because Pires owns 24million additional warrants on Pluto.. which I think equates to an additional 16% of share options .
Pires' has a bigger slice of Pluto anyway (with far greater tech Investments on top and Low6 IPO - and Riverfort only has 18% of Pires - so it would be a bit ridiculous to value RGO the same as PIRI..
I'm not saying I wouldn't like to be in here for the Pluto aspect, because I would, but I think PIRi has the bigger and better investment portfolio.
Seems that RGO MC will soon catch PIRI, and that word seem odd to me at this point.
I'd buy in quick here if I were you :)
Crazy why this is valued less that piri. So sp 4p+for starters. Could happen quickly. This market does not hang about.
Is this now on people’s radar or more to go? I’d be surprised if there’s no company update in the next few weeks, usually is. Pluto to ipo next few weeks too so some of the investment value coming on lune and of course with piri who invest them selves in tech we should be involved and get any value they find continuously.
There’s always then the lithium, gold, oil projects to back it up.
Chris Akers tweet. Tokens!
https://techcrunch.com/2021/03/18/nft-marketplace-opensea-raises-23-million-from-a16z/
How will they value RGO? If off Pluto and piri who are well and truly in this new tech space I have no idea of potential. So there’s actual value now from fees, investment loans, share sales alongside as mentioned the potential value as they realise warrants, turn them into shares at very low prices that are simply sitting there. When Pluto comes to market we already know it will be higher than prices offered to RGO. I’ve no idea if this stock has the potential to do silly sp numbers on potential alone.
Hargreaves is on line and real easy to use.
First post here - been busy on other stocks and neglected this one even though I was accumulating around 1.3 last month. I was in PIRI early (for me! at 4p)...really excited here. Cleared some other stock so ready to add further tomorrow (did have another top up at 1.9 today)
I've missed the bit about dividends which would be a bonus - can someone enlighten me please.
Expect the re-rate to continue - I've noticed just in the last month that the trades are really starting to pick up - I'm sure when I added last month there was less than half dozen - this is the Pluto/ARB/PIRI effect.
Thanks!
As does Barclays.
There are posts around about this but I do know Hargreaves L trade it for sure.
Also frustratingly don't do this stock, as I wanted to buy at 1.3p..
Seems there's quite a few brokers not offering it
thank you
Yes it is on HL
Yup bought today
Hi
Lloyds no longer do this stock
Can someone pls tell me if its avaliable on HL
On current price I have RGO at about 1.7x last reported NAV.
Compare this to PIRI at about 4.8x last reported NAV or AAA at over 30x last reported NAV !!!
If you took a similar multiple as PIRI, the 10p would seem achievable.
An AAA level valuation would suggest a much higher price.
Anyone who has been here a while and carried out a bit of research will know they have made massive progress in the last 18 months
Some of this is the Pluto factor, people who have bought just for that will be pleasantly surprised
Plenty more in the tank here.
Chris Akers and Zak Mir appear to have picked up on RGO and given it some publicity recently.
Wouldn't be at all surprised to see Chris Akers declare an interest at some time, and that they then go for a bit of funding with the usual suspects to give them a leg up onto a higher level with bigger players and bigger deals.
Lets see what tomorrow brings - if this was off the radar for many until this afternoon it certainly will be on the radar now.
Re rate. About time. Crazy this beauty is valued less than piri. 10p coming I tell you.
seems to have started to take off
wow, not sure what to say, this is going great guns into close. been a very good week overall for me.