Member Info for Agogna1

If there was some corporate takeover activity, what do we think is a realistic price - £10 ?

Microsalt IPO just announced on Primary Bid, I’ve not accessed the details yet.

https://www.youtube.com/live/SaW8McZK8v0?feature=share

A few quotes on twitter stating that the seller is now clear, could be a nice reversal once seller clear.

Likewise- I have taken profits from 50p and will look to buy again next week.

We need to break 59.5 and close in the 60's for the next leg up - we are close.

If we can end the day at 15 on the bid that would be very bullish for next week, need to break 14.5.

I would agree if they were only delayed buys. If you look at the trades between 11-1 today someone wanted in, they obviously couldn’t buy in size and split the trades. Some are showing up after close. In my view any legacy pre-ipo holders will be out now or very soon. The stock is getting tighter.

Have you seen the late trades - looks like a lot of slack under 14p has been taken up this afternoon. I see us in the 15-17p region by mid next week.

I think the selling we have seen has been pre-ipo seed money, there was not a lot of seed money but after a few years they have taken their money. That lifted a heavy weight on the book the last week or so and then it popped. I think 50m is conservative given that peers are well in excess of that. If I am honest i don't see this being a company in 6 months it will get taken over. The US company that got FDA approval spent $400m on R & D and has a $600m valuation. Why not try and pick this up on the cheap and cut straight to the chase?

https://audioboom.com/posts/8010127-alan-green-discussess-watches-of-switzerland-echo-energy-bidstack

https://twitter.com/sharepickers/status/1386991518377037827?s=21

I presume this is ADVT formerly Mac1?

https://shorttracker.co.uk/company/GB00BD20C246/

RNS 2nd Dec -44,373,385
RNS Today - 55,528,941

They have actually increased their holding but the % has gone down to the additional dilution.

I think thats right.

Evening all,

My first post on this board- so be gentle.

I thought I would add some balance to the possible worse case scenario of an SFO Prosecution, I am not a lawyer but have looked at recent UK Bribery Act convictions - see attached based on a Freedom of Information Act.

https://www.sfo.gov.uk/foi-request/2020-040-bribery-act-2010/

There are very few convictions and most of them entered into deferred prosecution agreements, in English -we will pay a fine we won't prosecute you. In this case they are former employees, no current BOD involved, and in a notoriously corrupt jurisdiction. What we don't know is if its a contractor or a direct employee which will make a difference. It states the individuals have not been charged since 2013/2014 offences. That tells me this will be a long investigation which if PFC dispute could go on for years.

What seems to be normal is a deferred prosecution agreement which ranged from a 2-3m to the big Airbus one which squews the figures.

In my view PFC could easily argue that they were not aware, we are sorry, we will tighten up our processes, they no longer work for us blah, blah blah and enter a deferred agreement which would be based around the value of the contract, which could be very little.

This is the risk the shorters take ? fundamentals aside what impact would a 3m fine have? obviously negative publicity, maybe a few contracts missed but in my view all dusted off with a sorry.

I am long.

As of 05 January 2021, significant shareholders of the Company are Richard Sneller (11.33%), European Bank for Reconstruction and Development (9.96%), Marlborough Fund Managers (9.44%), Kulczyk Investments SA (8.02%), and Quercus TFI SA (5.86%).

Fear of Missing Out - Basically people think its going to go big ad jump in raising the price even further

I would listen to the market musings podcast from Monday, most up to date and CB says quite clearly people are very interested.Market musings is on twitter

Thanks - I have just listened and it all seemed extremely bullish with a bright future.