focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Thanks DaisyDo.
I have no missing 606k shares in my calcs. Orazimans are still on 1.089.544 billion combined total, unchanged apart from constituent members as you say. Then Ahmed Al Marri on 110.812 million, Dae Han New Pharma on 224.830 million, Midiel Engineering AG on 110.812 million (they acquired those from the other Al Marri family member). Concert Party is just the Orazimans and Ahmed Al Marri? Maybe others could confirm or correct that? I'm comparing with AR issued 24th June 2022, last time I made a note of all this. No missing 606k since then.
Personally I hope they keep the CE in its entirety and grow revenues from combination of that and production.
Individually, the Orazimans and Ahmed Al Marri have far more to lose (and gain, of course) than any one of us. We're riding on their coat-tails.
Hope they know what they're doing. The savviest Concert Party on the planet.
True, there must be several private investor shareholders tightly holding several millions in aggregate which would squeeze the free float a bit, yes.
One other point re the website: the reference to Akku Investments is, I think, out of date and should have been removed. Total Oraziman holding unchanged from when I last looked at this a year ago, at 1.089 billion shares (48.41%)
Looks like Concert Party is still on 1.3 billion shares (assuming Midiel Engineering are part of it, having acquired half the Al Marri family holding).
Plus Dae Han New Pharma with 224 million, 9.9%. Total for all those being 68%.
Just 32% free float.
Late reported trade of 1.25 million. At 3.95p. Buy from mm or sell? My gut feeling is it was probably a sell, so price has actually held up pretty well with some demand still. These small moves will hopefully look minor when the expected newsflow starts picking up ...
Agree absolutely, come on guys, both coffeecups and somm, you both have interesting insights, nobody has a monopoly on the truth, and sometimes things get misinterpreted. Don't let egos get in the way of the valuable contributions you both make.
Somm, he said in his post that $200m dividend was a tongue in cheek figure.
The rest of us might enjoy the banter between you two because it flushes out some intriguing possibilities, but you might want to acknowledge you agree more than you disagree. Best wishes to you both ...
As one investor I know well said, it was good in the case of Caspian Sunrise (CASP) to see a stock go up and stay up. This was and still is something of a rarity in current stock market conditions. Here the trigger for the Sunrise rise was considering selling all or part of the BNG contract area’s shallow structures. As is often the case these days, we have a company sitting on an asset whose value has not been factored into the market cap. Indeed, many small caps have this sum of parts being great than the whole problem currently"
Doing the sums here, at current exchange rate 0.7926, $800m is £634m.
At 2,250.5 million shares in issue, that's a target price of just over 28p for Clive and Kuat's awards to kick in. By my calcs, a mere 7 bagger from here rather than 9?