Member Info for aerial

If you don't try and fail, you've never tried :(....

I'm invested and am happy to say what I have and the cost and average!
How about you Cashking, are you invested? From your posts I would suggest not?

DaveWin
In answer to your question I can tell you without looking any further that my other two
aim shares both have involvement with Barclays. Barclays is the Sole Creditor for one
and Absa Bank/Barclays are involved in the other, and are also their Financial Advisor,
so I would imagine they have fingers everywhere.

Total assets of £1.133 trillion (2017) and Revenue of £21.076 billion (2017)

The Warrants RNS said: 'Barclays' beneficial ownership of Ordinary Shares
will equate to approximately 27.9 per cent. of the issued share capital of the
Company'

"Beneficial Ownership"....

50.6% held between Barclays and Peel Hunt

Very interesting!

Peel Hunt increase their holding to 22.70%

Ken
Nearly as much of some of the invested!

that I'm sure I just read!?.... Drax post gone I think??...

There's some $hite being discussed here today!! lol

Obviously the exercise of the warrants will increase the number of outstanding shares thereby diluting the existing shareholders, but the exercise of the warrants is a good thing.

It said that the higher the volatility, the higher the odds that the warrant will eventually be in the money and the higher the value of the warrant will be. Because the exercise of a warrant will increase a company's outstanding shares, this dilution adds a twist to valuation that is not present in normal option valuation.

Not the case. I've seen warrant expire many times.

exercisable over a period of twenty years? I don't think so ;)

Re Barclays and Peel Hunts currently holding 49.65% of LSAI between them...

The Warrants were agreed and given in lieu of the fees in exchange for the release of the £2.5m loan facility. Warrants are used a lot if you haven't got, or don't want to part with the money. This clearly shows that Barclays must think this is a very safe bet or they wouldn't have done the deal. In the RNS it says the shares were allotted on 24th July 2017 so the period is a year possibly from that date.

'We received notification for the exercise of warrants over 5,863,021,931 ordinary shares of 0.01 pence each'

'Application has been made for 5,863,021,931 Ordinary Shares to be admitted to trading'
That should happen today.

What ever the complexities around my contradictory findings with regards to the Exercise and the Strike Price, the fact that Barclays have converted their Warrants to Shares (as opposed to letting them expire and die) means that they WANT them (as opposed to NOT wanting them)...

It's is my understanding that Barclays can't do anything until the executable strike price is reached, and even then it has to be in an orderly fashion. With a 27.9% holding it will be very easy for them to drive the sp to that point should they wish to do so. Barclays are just 5.4% off of holding a third of the stock. I would imagine we'll be getting a few more Holdings Notifications than usual..

with 27.9% of the issued share capital of the company is excellent imo,...and with a warrant strike price of 0.03 things could become very liquid very quickly once Barclays involvement as a Major Investor in this new little tech company is realised....

Sweet FA imho

Barclays are now our largest shareholder and currently own just over a quarter of the companies stock. With the OMA in place it should hopefully add to the stability of the share, and generally speaking (but not always) the sp may well rise to the exercisable strike price of 0.03. At the strike price or above Barclays should make a nice little profit.

Looking good imho

Basically it's to prevent Barclays from dumping shares

Maybach
LSAI is a company working hard to survive after a near catastrophe last year. Still in their first 12/14 months of trading that appear to be moving in the right direction, seemingly having made great strides of late...

My hope is that this will rise to a point where I can put a stop in place at the figure I invested. imo it would unwise to make any predictions with regards to possible gains, other than to say that hope we get some!!

LG
Very unlikely that they would make that much effort imo

Sausage
Don't think LG is a fan of the PR co?, and I know areyousure likes Tim even less!!

Me,.......I don't know what they do or have ever done?....