Member Info for AcciesLad

From yesterday's RNS - note the timeline. Not too long to wait.....

"On 12 August 2021, a meeting was held between Audioboom, AAA and their respective advisers during which Audioboom was informed that a number of substantial initiatives were being pursued by AAA, which its board expects to be in a position to announce by 10 September 2021 at the latest. Based on the information provided to it, the Independent Directors of Audioboom have concluded that AAA is actively seeking to address their concerns and that it is currently in the best interests of Audioboom shareholders to allow discussions to continue."

https://www.nasdaq.com/market-activity/stocks/aascf

CSC pilot scheme results will be due soon - it would be fairly typical for DEV to pull back before good news drops........

Interestingly and maybe not surprisingly with AAA, Roger Sargant has history with Oberon

"Users of this service will be required to open an account with Oberon Investments Ltd."

https://oberoninvestments.com/trade-aaa-shares/

https://mobile.twitter.com/shaun_day_/status/1417423706909904905

Contract Type
Cost Reimbursable with KPI Based Margin

Presumably the contractor will have financial incentives to reach certain targets more quickly? To think that there are still people doubting that this will be a fully operational mine by 2023 when they're pushing on at this pace............

You'd have to be a genius to figure out exactly where things stand with AAA although worth noting that significant shareholders involved with both AAA & Audioboom.

IMO this deal is already a lot further down the line than the RNS suggests

AAA to buy all Audioboom, the 26.4% are 2 large shareholders who have indicated their approval. One Nine Two PTE Ltd are also a significant shareholder in both AAA and Audioboom.........

https://riverotter.co.uk/2020/11/11/audiobooms-failed-sale-and-singapore-sling/

If you believed in the share previously then nothing's change. Yeah, news is slow and things like Pluto are taking longer than expected but that's not uncommon. Crypto has taken a battering recently and some of the hype has gone out of it for the time being but I'm confident in this one longer term.

Current SP is just a good opportunity for me to buy some cheap shares

"Accordingly, we are currently expecting pre-tax profits of around £300m for 2021 as a whole."
2019 - £260M
Plenty of stock in all the branches, new ranges, estate being upgraded, capital expenditure, expansion in foreign markets..........the list goes on and all before their big autumn trading

If you own xxx number of shares currently and do nothing with them then you'll still own xxx number of shares when they re-list.
I don't think there will be long between the de-listing / re-listing and don't need the funds so happy to wait and see how it all shapes up

Could it be AAQUA? (see AAA's recent RNS)
To this relatively inexperienced shareholder, phrases like "transformational and positively disruptive" certainly have more than a hint of someone new rather than an established player

December 2020 I thought somewhere in the low £7's was achievable!

On the contrary.

If everything goes through then you're (potentially) sitting on a goldmine

There's nothing you can do at the moment anyway so just need to wait and see how it all shakes out

I've registered on the AAQUA website and rec'd acknowledgement, part of which contained this line -

"You have now been added to our invite list and we will be in touch to tell you more about Aaqua and how you can become a founder Member during our closed Beta phase."

Closed Beta Phase will be when they're de-bugging the software. When this phase starts and how long it takes will determine the launch date but I suspect it's maybe not as imminent as I'd hoped

I've registered on the AAQUA website and had a reply although this comment leads me to think that a launch is some way off

"You have now been added to our invite list and we will be in touch to tell you more about Aaqua and how you can become a founder Member during our closed Beta phase."

Closed Beta phase will be when bugs are identified before the software is available to general release. I suppose any launch depends on when that phase starts and how long it takes

Chris Jeffries, CEO Dev Clever, said:

"Despite the devastating and tragic pandemic impact that has hit India hard, I am pleased to announce our first material local contract win following the formation of our partnership agreement with NISA and Veative. Our localised platform is now live and with the on-boarded marketing and support resources we expect to be able to report further progress during the coming months.

There's not a reliable majority in the polls so looks unlikely. Even then, the timescale between announcing a referendum, winning it and negotiating terms with the rest of the Uk (think how long Brexit dragged on) would leave plenty of scope for altering arrangements if necessary

17th December RNS - AAA top up loan to MESH holdings (suspended since 2019) taking the total loan to £3.65 million. MESH use £650k to subscribe to additional equity in Sentiance

9th March - "Under the revised agreement ('the Revised SPA'), 100% of Sentiance will still be acquired by AAQUA and MESH, but in different proportions. AAQUA will now acquire a significant majority equity holding in Sentiance, rather than the 20% envisaged under the Original SPA. AAA has been informed that material progress on the Revised SPA has been made and completion is expected by 31 March 2021. A further announcement will be made once AAA has been notified of completion."

So now we have Sentiance being bought by 2 companies that AAA has interests in

AAA have the option to purchase up to £125 million worth of shares in AAQUA but don't have the cash

From December's RNS - "The Option is valid from 18 December 2020 until 10 December 2021, but such period may be shortened should certain fundraising conditions be accomplished by AAQUA (the 'Acceleration Clause'). If the Acceleration Clause is activated, AAA would then have 60 calendar days to exercise some or all of the Option. Beyond these stipulated timeframes, the Option automatically becomes null and void."

I think the 60 calendar days might be significant but it's so complicated that you'd need to be a Philadelphia lawyer to figure it out !