Member Info for Forensic505

BRILLIANT RNS

Altona and their advisers and brokers must be incredibly confident in future news flow to state that they will only issue new share at 4p and above.

Hi @MajorOak,

Yes indeed. Unfortunately I think the election PR window has now passed sadly...

If the C Shares trade anywhere close to the premium of the ordinary shares then they should perform extremely well.

By far the most interesting financial point Cedric stated yesterday was that Altona are in advanced and detailed discussions with USA Government for the next level of government financial support: “DFC” - the U.S. government’s development finance institution. That’s the big bucks.

When that gets signed and announced the share price will blow the roof.

He was also keenly aware that offtake agreements with USA and international entities will similarly catapult the REE share price.

We are very well set, ladies and gentleman.

Looks sensible

I have now used £75k fresh funds to apply for C Shares. Applications close tomorrow. Hope I don’t get scaled back like in the good old days of BT privatisation (showing my age!)

The MRE is outstanding.

The MRE is a natural jump off point for very early stage warrant investors who will have recently converted into REE ordinary shares at very low prices.

Those warrant investors purpose was to get the company off the ground. They were never long term investors.

This is why you often see a temporary weakness at the time the MRE is published.

Once that has washed through (it usually happens very quickly because new, bigger demand comes in for the shares on the back of such a strong MRE) the share price will rise to reflect the real longer term potential of the company.

There is value to research by firms like Zeus. If they just promoted nonsense then no one would buy their research and they would cease to exist.

I am buying on the dips here because, as I have bored everyone to death, I see the real long term value is in the SSIT Shares, although I am very supportive of the C Class issue. I will invest in the C Class (with new funds) but my main play is buying the dips on SSIT ords.

I have been executing this strategy since the C Share prospectus was issued.

As a good faith pointer, there appears to be regular and very solid support for the SSIT ords at 183-186p. It then tracks fairly swiftly to c. 219p. Then the cycle repeats.

A nice rinse and repeat trade.

Nicely timed. Good to see that it’s not just the CEO doing these. Shows the strength of the bench.

This company is really very impressive.

Hot on the heels of the HawkEye IPO announcement on Monday, we have the significant trade sale of All.Space announced today. Great to see that the implied value of the All.Space deal is at the current holding NAV in the SSIT balance sheet.

Within the SSIT entity, the proceeds from both the IPO and the All.Space trade sale can soon be re-deployed.

The CEO Mark Bogget has previously advised that SSIT is inundated with investment opportunities to re-deploy capital.

SSIT is incredibly attractive because, not only does it have an abundance of new investment opportunities, it is fully stacked with mature investee companies and this week in particular the management team has clearly evidenced its expertise in exiting investments on highly attractive terms for its shareholders.

For the avoidance of doubt, I am fully supportive of the new C share issue because the Seraphim Group as a whole are beautifully positioned as the global leader in space tech investmenting. However, as I have endeavoured to explain this week, I am of the firm opinion that existing SSIT stockholders can optimise their holdings by retaining in full their amount of SSIT shares (and indeed adding to their existing SSIT holdings because of the discount that has been made available to us by the recent weakness in the SSIT share price).

I have no doubt that the C shares will, as a stand alonr entity at least for 18 months, also offer subscribers highly attractive returns. However, upon mandatory conversion in 18 months time the strength of the SSIT NAV will dominate the conversion terms.

SSIT: mature portfolio of investee companies set to benefit from Space X PLUS new investment opportunities financed from existing investment exits.

SSIC (the C Share entity): start from point zero as an investment entity and only have 18 months to outpace the NAV of SSIT to avoid an unfavourable, mandatory conversion into SSIT Shares.

From small acorns ! 😄

Not that it matters greatly, but shouldn’t those two £100,000 trades from yesterday have been reported at least at the end of yesterday rather than, apparently, 24 hours later today?

Thank you @MajorOak ♥️

Going going gone 🚀

Catch it while you still can.

Zeus says fair value is 8.9p and that’s before we hear what Tuesday brings ✊

Brilliant

Thanks very much @vidaloca

Jeee @Hogbog…we are all in Great Britain…as our the Labour, you dork.

Cheers @Danno01

Great read

The start of a commodity super cycle

* Iran war

Agreed. As discussed on here previously, we agreed that there is a good chance that the FID will be announced close to the widespread local Scottish and Welsh elections. The voting day for those is next Thursday, the 7th of May.

Why? Because ALK is an outstanding example of government and Private Enterprises investing and building together in an economically deprived northern area and in the vital sector addressing Green economy transition. Furthermore the own war is highlighted our dependence on fossil fuels. ALK is political gold for the labour party whose business minister happens to be the local MP for Teeside.

I could be wrong, which wouldn’t be the first time and won’t be the last, but that is my strong hunch.

With a market capitalisation right now of just £18m this could well explode today. Zeus Investment Bank value Altona at 8.9p. And that is very likely to be materially increased after the USA presentation on 5 May.

Still adding !!