Member Info for Gallmat

Thanks for the post.
But if you do not so atudies people do not know how to value. So they need to be done.

A bank will not lend without one and that is the goal. Unless they think they can do everything from retained earnings but that is slow

Just do a dfs and produce an npv. Simple.
If you say things like wenwant to be 8pct of global supply it sounds like hot air. What is the value of what you have now.

Companies need to do things by the book to establish investor confidence.

Buying back notes of 9 pct at circa 15pct discount when due 2026 looks great.

Implied coupon of 12.5pct is expensive. Hopefully they can buy back more than the 60m usd and replace with a lower cost debt.

Never fails to amaze me.

Trading at such a low p/b. They can sell property 20pct below market and buy back shares and increase shareholder value.

Why can't they just liquidate some and buy back.
You are not going to make those sort of gains using cash to buy and rent property

No matter found it on linked in

Which board was it posted on?

https://amp.abc.net.au/article/101780614

He has put in millions starting around 1 gbp

Insiders sell for many reasons, they only buy for one :)

Yup it is excellent. Hard to find. I stored link when i saw it.

Any ? I will help where i can ( but i am no expert).

Buybon leverage with ig index. Ride the wave. Sell the excess. 25pct margin requirement

Simon thompson from inveators chronicle will comment on this.

If we get lucky he puts it in his bargain portfolio for year. But there are so many good things at moment we might miss the list

https://youtu.be/7Nh5j8r64y4

Very important info in this. All should watch.
Made in australia with few people viewing

Watch the investor calls on their site.
Profit sharing has been noted so manyntimes.
Normal in class actions.

So it is accepted. But yes 45m is too high. See mybpost

Ant

I think your 13m on this case. Poland could be big but hard to assess. 50ct payout on 700m award( i am sure they overestimate damages) so350m. Then maybe half of 25% profit share.. 35m gbp of win.too hard to call really.

But great progress

More realistically.

If profit share,
110 × 25% = 27.5m

Else multiple on capital up to 3x i would expect. But i cannot imagine they spent more than9m gbp on this. It settled pretty fast.

Also they will get 50pct of this if in fund.

But very good news. This is just 1 of 45ish investments and they keep winning! And potentially around 13m gbp profit

When i check market cap in asx listing same as uk.
Could be 1 asx share does not equal one aim share. Arbitrage seems too wide for that.

I need to check data again to be sure later.

You get this with adr,s where a usd listing of uk share might be to own more than 1 gbp share

I cleared this up on email to publisher, who reverted with lcm also cc;d

they based it off a city am article. the city article was a bit sensational in title saying greenx to pocket the money, and in the body of article said it was ongoing.

this was rephrased as won money in their title when they rewrote it.

I am also looking more. Always good to refresh

Look at presentation. Full year 2021 slide 19. Shows lcm position which drives cash bridge in slide 7.

This shows sensible operations.
Investments funded from profitable realisations and 12m aud operating expenses.

It shows lcm only position.

But it shows lcm.

You do ignore the +45m. net contribition from 3rd party interests.

Look at cash flow from operating activities and financing activities. You are reading half of the cash flow statement.

Of course if lcm pay out costs on 3rd party funded cases, then the 3rd party financier has to give them the money. The bit of cashflow statement you ignore