Member Info for APD708

what is your average FTSEinvestor please? I will be able to answer your question based on my calculation.

I think we should expect a TR-1. Just do the months of all the "Issue of Equity" RNSs since 6th July this year and you would reach the same 4.87%

Just look at the daily volumes on London Stock Exchange's website for the past month or two, the volumes are very low. They haven't sold much by my calculation.

Riverfort has converted 6,528,600 ($ 2 million) so far which is 4.87% off the total shares 133,920,089.

Do we think they will covert the remaining $ 1 million? Very likely.
And once they convert they will own close to 10% of shares. Will that prevent the SP rising to reflect the progress that would have been made in many months to follow due to their constant selling? Only time will tell.

@ice, my view is market cap is only as good until the market has confidence in this company. Lots of companies on AIM stopped trading this year. Risky move doubling down but you know the risks with Vast.

I would suggest buying on good news to de-risk as much as possible.

@Rob, what about the investors who took part in the recent circa £1.7 m placing and subscription in August? Yes, it is a possibility that Vast could go bankrupt if their revenue from BP is really poor (we will soon know when they release production figures) and if Vast can't raise money via placings.

There is no firm negative indication on either of the above.

Your point is just your feeling and not logically backed by you.

WOW, bad news must have leaked, we are in 4p's now....

My reasons/intuition:
1. I have a bad feeling the production figures for BP are not even going to be half decent
2. Production has been impacted/or it is impacted due to Covid-19 (Vast should RNS this is it has happened, just like RMM did)
3. No one is interested in funding Ghaghoo (hope the deal falls through, i have no idea why VAST even pursued this)
4. No cash in the bank or very low and revenue from BP not sufficient
5. Another circa £2 million Placing is coming

Agreed Takeshi. I will vote against.

@Zappyman, i hope some of the other valuations done by some come true and we will be in +£1 territory in a year.

@Zappyman, if you don't mind me asking what is average and what is your investment timeline in RMM? If you can wait, I suspect you don't have to bear any loss.

@G_G_G, I agree with your outlook on management for sure. But in regards to the finance deal, nothing is agreed until the deal is signed and contracted. I am not a deramper. I have significant investment in RMM.

Riverfort and YAII have converted another $200,000 @ 20p. Is this a sign that the financing news is going to come out before the end of September and that the SP will be moving higher?

In my view, Ince's main concern is they have lots of liabilities for the circa 100 million revenue it generates which means very little net profit presently. Therefore, acquisition from net profits (it should be said not revenue) seems a distant possibility without taking on more debt.

One other important point, as per the RNS on Tue, 27th Jul 2021 07:01 Final Results, Ince's 41.5 million revenue comes from Asia and EMEA (UK is 58.7 million) and if the interest rates in the UK go up in the coming months which they will then it will reduce the 41.5 million which also will impact the bottom line.

I am in this since Nov last year. Let's see what happens in the next 12 months. I would suggest buying for sure if the SP drops below 45.

Many thanks Ojay. I noticed you were one of the more active one on this board & member since 2011 (so I assumed you would know a thing or two about AIM companies, etc.) and hence asked for your opinion. Others opinion would be great to have too.

Hi Ojay, just reading your posts here, have you been invested in this company for long? I am looking to invest and would greatly appreciate your outlook for the next 6 to 12 months please? I appreciate a lot you spending your time responding to this.

Lets hope it will be a positive RNS but only RMM/Toby knows what is going on.

If we can pay off the outstanding debt before the interest rates rise (which looks at least a couple of months away but BoE says case for interest rates rise is strengthening) then even better. Then the dividend might be announced, more YoY growth and net profit and all will lead to 100+ sp to start us off with. Lets see.

@Oneshareatatime, good to hear your thoughts as always. Just curious if you have any thoughts on couple of my points below:

1. Do you think the inflation will continue to rise? CPI inflation is presently 3.2%.
2. Do you think as a result of sustained higher inflation the interest rates will rise in the next 6 to 12 months?
3. And if interest rates rise what will be effect on Ince share price? Positive or Negative?

For those who think why I am thinking about the above questions, this short 6 minute video is worth watching --> https://www.killik.com/explains/why-does-the-ftse-100-rise-when-the-pound-falls/

As per AP's interview with Proactive on 16 August which is on Vast Twitter, we can hear AP say @ 2:00 minutes into the video that the deal with Atlas will be announced to the market by the end of August. Did anyone see this RNS? Or did AP/Vast didn't release it?