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Ericsson also confirmed it is working with the 3 largest Chinese 5G service providers and expects roll out to accelerate in 2021 as the Chinese economy is quickly returning to growth following the pandemic.
If only the rest of the world was so lucky!

Ericsson share price higher today as it reveals 112 new 5G contracts worldwide with major contract wins in China where it expects further growth in its 5G business in 2021 as China ramps up its 5G infrastructure.

Callerone
With Peel Hunt and Liberum setting buy targets at between £4.50 and £4.80 the UK investment community really don't understand the potential of this US based pharma with no liquidity in the shares.
At long last Daphne Zohar realised the folly of listing on the UK FTSE and now is moving on to the NASDAQ .
Expect a surge in the SP over the next month with 3 of the founded entities preparing for their own listing after FDA approvals and 8 major owned drugs advancing to approval themselves.
The great and good including Nobel prize winners on the Board of Directors ...the best Board I have seen in a mid sized Pharma.
This share is heading for £10 over the next year in my opinion
DYOR
Atb

With the Nasdaq listing only weeks away and no new shares being issued as ADS in the listing , the only way new US investors can acquire the ADS is from the existing shares .
Therefore there will be , I suspect , pressure on liquidity and hopefully a strong surge in the SP.
With Invesco holding c 32% of the shares and other Institutions holding 20% then the big question is where will the ADS get the volume to trade
US investors are piling into Pharmas at multiples 5/10 times that of Puretech so we may see some action at last once the shares start trading on Nasdaq.....hopefully!

The key matrix is subscriptions and that is why the SP has faltered.
The Interims showed no growth in subscriber numbers and it is taking a bit longer to get PIA to think "commercial" and not just a hippy dippy group of information freedom fighters.
That is the challenge for Kape management and the August growth in new subscribers in PIA augur
well...they have to maximise the PIA base to drive growth and that is both the challenge and opportunity.
I think Kape's management is excellent but it is now in the US market and was going to take time.
An other bolt on acquisition or two will add to the investment case and the prospect of home working being extended for at least another year should see major growth in EBIDTA and debt free in 2 years.
A very strong buy imho

I think we should stop obsessing on individual trades and rather on the share price.
I for instance bought another 100000 on Friday at 17p and now have the same amount of shares as the new investor admittedly before he elects to move on the prepayment call regarding the £500,000 1st tranche of the Subscription Deed or even the very nebulous 880,000 shares issued at a nominal value but may be paid for during the currency of the whole Agreement.
Next few months will tell us everything.

Final thoughts
5G can, it appears, decide to pay for the 880,000 at any stage of the Agreement
so it has a free ride but strange it hasn't included them in the current tranche as Fairview
rightly surmised.

Fairview
It looks like 5G has a free ride on the 880,000 until it is determined whether
these shares are part of the £500,000 or some of the later tranches in the
Subscription Deed.
I am even more confused now...time for a glass of wine.

Fairview
It is a bit confusing insofar as the 880,000 MAY apply as part of the total Subscription
amounts but if it doesn't then 5G may have to pay an additional amount at the current subscription
to cover the 880,000.
When they have to pay is up in the air and has rightly caused confusion.
Thats my reading of it but open to correction.

Fairview
Please read RNS
The free shares totaling 1.335m were issued and listed on the 30th September.
The £500.000 was received on the same day.
The prepayment shares in respect of the £ 500,000 will be issued under the terms
of the Deed and the Investor can seek the shares on the £500,000 within the next
18months and so on with the other tranches.
I suspect that the investor may demand the 1st share issue soon but I dont know.

01234
If the company is successful then it appears the Subscription Deed is a win-win
for management, the new Investor, and all shareholders.
Levi structured it on the basis that any dilution will be dramatically reduced
as the company grows.
By the way, I am convinced that the new investor is an individual as the off the shelf
Delaware company 5G Innovation Leadership Fund was incorporated in August
specifically for this transaction.
He/She is a " specialist investor" who I suspect is familiar with the company
and known to management.
Even if He/She has to subscribe at the current SP of 17p there will be an
unrealised gain of c 227,000 ( 1.335 million free shares at 17p).
Not a bad risk indeed.
Levi now has to ensure that the new investor gets as few shares as possible
but still makes a sizeable return.
The only way He can do this is to drive the SP higher by successful achievement.

The free shares of 1,335,130 were issued and listed on the 30th September.
The shares in respect of the £500,000 received by the company on the same day will be issued
at the investor's discretion on the prepayment dates.

Fairview
Fully agree that the Subscription Deed is most unusual insofar as it " appears" to favour
the company regarding the issue and pricing of new subscription shares.
However, the investor has been given free shares as a deal sweetener.....880,000 at a nominal value
and 455,130 to cover fees......effectively over 3% of current shares in issue.
If the SP is at , for example, £1 at the prepayment dates then the new investor will be issued with approx 1.82 million
shares which when added to the free shares will give him total shares of 3.155 million shares valued at £ 3.155 m
for an investment of £ 1.7m in total.......an 85% return.

Conversely, if the SP drops to say 10p at the prepayment dates then the Investor can , if he so wishes, subscribe for
18.2 million shares and thereby obtain 29.3% of the equity.
Obviously, a share price of 10p may be an event of default in the agreement and the investor can walk away.
To summarise it is clear that Levi and his team must deliver over the next 18 months and achieve
a high share price to keep everyone happy and maintain control of the company.
The new investor will not complain if the share price rockets and neither will the rest of us here.

Agreed
Once the crazies arrive you know the speculating has commenced and I, for one,
will miss the civility and intelligence currently displayed by posters on this board.

I have never seen a share like this one which everyday oscillates around 250 to 270 on petty volumes followed by huge after hours trades.
See last 2 days as an example.
Clear manipulation of some kind imho
Nasdaq listing in next weeks hopefully will end the misery.
Watch out today for big delayed trades after close.
Very strange.

Tracy
That would be a problem I would be more than happy to live with.
I am sure Levi and his team are working flat out now that cash flow is stabilised .
Expecting transformational news during coming months.
ATB

Nice to see delayed buy of 86206 at 17.4p.
Not me this time.
I am waiting for an uptrend in the SP following some concrete new flow before topping up again.
I would rather buy on positive news even at a higher SP .
By the way today is the day that the new investor puts in the first tranche of £500,000.

Bid
You are correct ...investor can delay payment for 60 days if SP falls below a certain level.
Also there are events of default where the investor can walk away .

Sadly another big sell of 108333 gone through at c17p.

01234
You are correct that small daily trades will not cut the mustard particularly with some loose placee shares around and the new investor able ( if calculating enough) to manipulate the SP with small trades.
We need bigger trading volumes from new investors brought about by successful performance by the company.
That is the only way pure and simple.