U.k. Spac Share Price (SPC)

Dave, honestly dont bother engaging with earache, self righteous and useless little man. I filtered him a while ago now. Boards read much nicer without reading his constant confrontations and verbatim posts. It's easy to see why he chose his username and he's pretty much universally disliked as I'm sure you can see why. Most people can tell the decent investors from the trolls but he makes a habit of going after the former.

Did I say you were wrong? I may disagree with some of your ideas, but you are entitled to them, and I’m always interested to see where people think things are going.

Ok I’ll go along with your whimsical notion that they get to a position where they have zero cash in the bank - at that point with no operating business and no prospect of an RTO I would indeed value them at zero!

I know VLU, it is not a SPAC. They are looking for an acquisition to add value but that is nothing like an AIM cash shell - completely different kettle of fish with completely different rules.

I research a lot of RTO plays and Cash shell transitions MOGP included but have been in enough SPACs to become less caught up in sentiment and more focussed on the fundamentals.

I’m happy to be proven wrong, just can’t see how the mechanics would differ here to similar cash shells, if anyone has any examples that prove I’m talking b0llox as you so eloquently put it, feel free to highlight them - but only if they are an AIM cash shells please!

Dave. You said "I would argue cash value is the most important thing to look at when investing in a cash shell" ergo the less it has the less it's worth, so don't try to wheedle out of your zero cash / zero value logic. As for the rest of it you're talking b0llocks - but then you're a bean counter not an investor. As I said, the actual amount of cash doesn't matter as long as they've enough to see them through to Newco launch at which point a meaningful value can be assessed.

Apples and oranges? Did you check VLU as I suggested? Probably not else you'd have seen they're riding on the US wave, shaping themselves into a SPAC and looking for something to buy. I bet you didn't check back on the MOGP RNS's either as I suggested, or the founding investors or through that the informed speculation about what's coming in here.

You need to read more. You're a lazy git. You tell me I'm wrong but ask for my advice? Ha.

This share is a dream for short term traders so I imagine the price will jump between .25 and .35 every 14 days.
And fair play to the short term traders its 40% profit buying the low and selling the high. Spac is a punt on the outcome at the very end so the weekly share price is irrelevant from that point, unless your bounce trading then obviously the weekly price and daily highs are your profits

Your comparing apples and oranges, this is a SPAC not a gas company. From my experience of Cash shells, it quite often comes down to exactly what it says on the tin - Cash.

Didn’t say it will reduce to zero, but certainly will head back to cash if they haven’t got a deal by September.

In reality there will probably be little news flow until suspension due to a deal, or failure to reach a deal. Negotiations have to be kept confidential, so any SP rises are purely speculative.

I reiterate I think this is decent entry but you wouldn’t want to be getting in much higher.

How do you see this playing out if you don’t mind me asking?