RE: Mesh owns 500M AAA shares7 Aug 2021 20:51
I agree with you that ASLR is a good buy right now, but you’ve got the mesh part wrong. While the AAA offer was 500m AAA shares, there was a mesh announcement (go to the mesh web site) suggesting that it was 1:1 for mesh shareholders.
Given this, I think for now (referencing the AAA raise at 80p) it is sensible to value each of your mesh shares at 80p conservatively.
As I stated before, Chris Akers has a target of 125p for AAA this year alone, and I think it’s very fair to assume the £150m placing investors are looking for a handsome return!
I expect ASLR to rise as the penny drops, too…