The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
strange they will buy 100k @ 14.5p
Agree very hard to purchase when needed, overkill today so I managed to get 42,000 @17.39 + 17.38 in 3batches all shown as sells via buy orders. Knowing the massive potential uplift in M/C when sales have been reached by Cedex and only 72m shares in Tech and very little free float ( 23M ) time to buy when markets are spoof
The problem here is that the city don't quite know how the reaction to the launch of CEDEX affects TECH in due course. They are probably sitting on the side lines for 2 reasons. A. Waiting to see how much interest the launch will generate in both in funds and to witness how popular this blockchain platforms really effect the industry. B. Valuation of TECH's market cap is new to the city and they can not understanding the true partnership or link between these parties the effect of the Launch will have on them both. What will be clear any rush in buying shares on the 11th hour will see limited stock available and even news of TECH's placing forward their stake in CEDEX as agreed unto 87% for $40K. Now that will explode the SP
Well if you consider what CEDEX are offering on the table with its Diamond industry then we are talking huge M/C for the beneficiary for both parties
Thanks for clarifying this euclid55. Even 85% is an incredible uplift to Tech"s M/C. Had you calculated what the sp would be if Tech do buy 85% stake in Cedex as mention after the full launch ? For $40,000 thats a giveaway surely !
JRjnr - just to remind investors where the real value is, below is a statement from previous RNS. Watch this SP shoot up after CEDEX launch.... Read this below and once people really understand the true value TECH's worth �1 plus min........$40K for 87% of the company stake ..WOW !!! "Under the Heads of Terms, TechFinancials will make unsecured loan funding of US$400,000 available to the CEDEX group to develop its technology. The loan bears no interest. TechFinancials can seek repayment of the loan once CEDEX has sufficient funds and the loan therefore has no set maturity date. In consideration for providing this initial funding, upon incorporation of the CEDEX holding company ("CEDEX HoldCo"), CEDEX HoldCo will grant the Company an option to acquire 90 per cent of CEDEX HoldCo at an exercise price of US$40,000, which may be offset against any amount outstanding under the loan. Exercise of the option is at the sole discretion of TechFinancials and the option can be transferred, sold or disposed of as TechFinancials sees fit. The option period is for three years from the date of grant.
yes agree JRjnr , image when the CEDEX launch been completed this month and we get signs of TECH taking a large take of CEDEX for its platform in return for payment. Every transaction will mean ever increasing M/C. I still think TECH will be bought out due to its platform compatibility.
Can see this hit over 33p plus with new highs, only 75M shares in issue and very little free float as the large holders are waiting for the option to buy 87% of CEDEX for virtually nothing and then we will see Tech 50p-�1 per share or even better TECH gets suspended and a take over. Tech is committed to its blockchain platform now
Strange trading today.... looks like mm's triggered some of those sell limits 50K's , 75K 100Ks etc at 12.25p Giving mm's more to load up on possible rig news as DS stated drilling by Q12018 This morning's run of sells not really budged the sp down. So we have 700K plus of sells and 400K buys and sp moving and holding up. Very strange as stops and limits don't really have an immediate effect on the bid/offer other than mm's generating more stock for themselves and preventing buyers by keeping sp up. Do they know something we don't ? Possible news release due on rig and licence
Orders can be worked over a period of time and not necessary sold on the day as shown. Hope pi's on aim know how the system can work on aim !
450 K sell The list of the big holders ( to name a few )below would have now started to de-risk due to the continuing delay in the performance of AAOG . I believe this was a worked sell hence mm's pushing the price up today prior to announcing after hours trade. The problem we have here is any sells into any good rise will be on NT basis if any of the below decide to off load with sell limits in place. Hamilton man. Ass. 2.5 M shares HL has 2. M shares Shard Capt. 4 M shares Chelverton Asset 2.5 M shares Cazadores 1.85 M shares Existine Shares 1.739 M
2nd that Riddlers
Hi Orangutan27 - copy that, just wanted to balance the bulletin board with facts as too many investors that don't do their proper research can be easily be led down the negative path. And they probably have done and sold out. Hopefully they sold higher than 10-15p and they now have all the info to make a better judgement of what they have invested in. regarding ig and rest of them, I take with a pitch of salt as we all know they are here to buy cheaper but it appears we now have the start of positive news flow and they have missed the boat. all to their own and wish everyone luck. I be back drilling drilling when the sp is above 20p GLA
ig- You are now talking production costs here, once production is under way a JV would have been agreed and either shared costs between both parties or no further costs to AAOG, AAOG can sell their Oil in advance that will pay for full production costs and profit, remember it will cost AAOG only $5-$8 per barrel x todays prices at $37 make all sense that the cost of production on AAOG can hugely profit from each barrel. A JV will take care of all the other cost. Remember what Sefton stated before AAOG was placed on AIM and repeated after raising �10M . AAOG will be running cash free and require no further raising. You can only be cash rich due to the level of production costs against selling costs. There fore say $8 per barrel to produce sell for $37 per barrel = $29 clear profit each barrel and thats why they don't need to raise funds. A joint Venture is on the table with no further costs to AAOG. Its all in the reports
derampers had their days by continuing slating AAOG which caused weak sellers out and they just can't accept a u turn in the company which of cause will re-rate the sp back up to a fair market cap. Obviously they like dishing lies and distorted info, and certainly can't take a balanced bulletining board..
i see a large order on the books up to 12p, it can not be filled due to the limited number of shares avail at that price. The seller of all those 100K's is now back buying or trying too
ig- how come you have never responded to my posts stating AAOG have �2.2M in the bank with a further �700K for the drill. and what is the placing for ?... you still want to borrow my calculator
ig yes placing in 6 months time when drilling results confirmed and placing more likely to private JV at 20p plus
looking great ! look at the limited amount of shares below 12p, then next leg up 15p
ig - do you need a calculator to work out AAOG have funds until 2019 ?