Member Info for evansthemeasure

Just to clarify, please correct if you think I'm wrong.

Number of shares for combined company prior to fund raise =

Hook = 12.95m

Polb = 528m x 0.03 = 15.84m

Total = 28.79m

From what I've read the $2.81 figure is illustrative and not the basis of the fund raise.

If the resulting additional number of shares in issue were at the current share price $30m / $1.89 = 15.87m additional shares

Total number of shares = 28.79m + 15.87m = 44.66m

Of course details of fund raise could change this, but it gives some idea what to expect.

Your thoughts would be appreciated.

I think anything other than AIM is a better option at the moment.

I am puzzled to know why the market has reacted so negatively to this proposed merger. I can only assume it relates almost entirely to the proposed fund raise and expected increase in issued shares. The BOD would have done their due diligence and thrashed out the best deal available to them, the RNS being quite detailed in that regard. The fall in sp is a knee-jerk reaction, markets are notoriously fickle, jumping on headlines rather than trying to understand the big picture. All you have to decide is whether the BOD is worth backing or not.

I think the change in direction relates to positioning on the Nasdaq by the Amryt Pharma team hoping to achieve a similar outcome to what happened in January 2023 with the sale of Amryt Pharma for $1.48 billion.

It's just a matter of timing. In May last year both companies achieved their highs for 2024. POLB at 15.77p and HOOK at $10.50. If market sentiment improves we may exceed those highs this year regardless of current fundamentals. If not we sit and wait.

Apologies, I should check my facts before posting. The FCA handbook - CONC 4.5 Commissions: credit brokers, clearly states ' a credit broker must prominently disclose to a customer in good time before a credit agreement or a consumer hire agreement is entered into, the existence and nature of any commission, fee or other remuneration payable to the credit broker by the lender or owner or a third party, where the existence or the amount of commission, fee etc... could

1). Affect the impartiality of the broker

2). Have a material impact on the customers transactional decision

I'm not sure how anyone can quantify the liability based upon the above until a decision has been ruled by the courts. Until then it is pure speculation.

I think it is more a question of disclosure rather than misrepresentation. I know that when I re-mortgaged my property through a mortgage agent the commission was identified within the agreement even though I didn't request it. The FCA has previously ruled that 'if requested by the retail client, commissions should be disclosed'. The onus is therefore on the retail client to request this information and not for the agent to disclose. The fact that a commission is charged is not being disputed.

The reason I'm invested in Chariot is because they are not just another O&G company trying to make its way into an uncertain future where the need for fossil fuels are predicted to decline. They recognise the world is changing and have taken a route which most others wouldn't consider. Chariot have considerably de-risked the O&G play by partnering with Energean but are at a critical stage juggling expenditure prior to receiving income from first gas. The problem we are all having is not knowing when that will be. This is not an investment for the short term, and anybody who expects a massive improvement in the next few months is deluded. The management team are invested in the company and can only benefit by achieving their stated goals. If you are not happy with their methods there are plenty of other companies out there to choose from but I'm happy to stay.

I'm following all 20 companies that are the components of DAGB and Bakkt seems to stand out as a possible out-performer. Does anybody else have a view on Bakkt? DAGB also re-balanced their portfolio last week increasing their exposure to Bakkt from 1.9m shares to 4.3m shares.

Does anybody here own crypto direct? I opted for DAGB as the next best thing but am aware that half of their composition are Bitcoin miners which seems to be holding it back due to the effect that halving might have. I can't see MSTR being a very good proxy it is currently valued at 2x its bitcoin holding which seems a high premium to pay. I don't particularly want to take the wallet route but is there an alternative?