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I see there's someone spouting nonsense about MAFL on the EUZ board. I corrected him/her and I see my post has now been removed (probably reported because it referred to MAFL). Plenty of snakes out there on the AIM cesspit.
That's just factually incorrect!
Yes, please do your own research.
So this is how I see things shake out percentage wise in LS after the Ascendant transaction and before any further earn in by Ascendant. Anyone care to validate/contradict:
Redcorp:
Before Ascendant – 85% of LS
After Ascendant – 85% of LS
THC:
Before Ascendant – (1 x 0.85) + 0.15 = 100% of LS
After Ascendant – (0.75 x 0.85) + 0.15 = 0.6375 + 0.15 = 0.7875 or 78.75% of LS
ASC:
Before – 0%
After – (0.25 x 0.85) = 0.2125 or 21.25% of LS
MAFL:
Before Ascendant – (0.49 x 0.85) = 0.4165 or 41.65% of LS
After Ascendant – (0.49 x 0.6375) = 0.312375 or 31.2375% of LS
After THC acquisition = 100% of THC = 0.7875 or 78.75% of LS (as above)
So using Ascendant the first transaction value as a benchmark, i.e. $2.45M for an effective interest in 21.25%, that would value MALF's current 78.75% stake in LS at roughly $9M (ignoring any future earn in).
Any thoughts?
...so is an ox and a wagon!
The whole network is down and the tracks have been stolen. AIM is f'd at the moment.
I'm with you Dave, my finger is hovering over that filter button. The "golden cow" better pull up his socks and get with the programme! He's seriously slipping these days!
In the interest of full transparency, light rain expected in Denver tonight and through tomorrow....https://www.bbc.co.uk/weather/5419384
Wizard - I have a genuine question for you. Although I haven't always agreed with your charts, you've waited patiently and stuck with your analysis so fair play to you. What I'd like to understand is why you don't seem to have any other shares in your posting history? You only focus on MAFL. Surely there are other good opportunities out there that technically have good set ups at the moment. Why only MAFL?
Are you for real? Expecting another investor to tell you about the weather?! FFS
Thanks Jof. Makes me want to top up again!
lol...yes, bud let's hope. It's been a long time coming. Have a good weekend!
Fad, you should reply directly to the author with details of DTU.
Agreed, but it gives us something to jabber about on a boring Friday afternoon.
Indeed. Overlaying linear regression channel on the weekly for that medium term trend shows a similar picture although still contained for now. Hopefully we'll get a clean break and higher high pretty shortly. ATB
Agree re the long term trend and bounce off the base. What I was referring to in terms of trend reversal is in fact the intermediate down trend from the highs back in Jan 2018.
Hi,
Anyone else seeing that H&S top on the DAX weekly? Break of 11900ish bring 10300ish in play. Or it might just go to 20000 in this insane market.
Posted a chart on twitter last night. The double bottom on the daily sets up a target of 15.80 to 16p which is also where the 200MA is at present. Once we break 16, we're also completing a double bottom on the weekly which brings a target of 21, which also aligns with a previous swing high where there might be some resistance. Small steps but hopefully can get back to fair'ish value pretty soon. Momentum is changing with MACD cross on the weekly and double bottom bounce off the long term base shows potential long term trend reversal in the making.
Here you go Oiliest: https://youtu.be/IKSxUYk6nRg