Volume9 Jan 2026 13:10
This is making me nervous because its really tempting me to go super heavy and I never do that with anything speculative
Here is the playbook, please feel free to absolutely obliterate it (and save me money)
1. Greenland is an exceptionally hot commodity at the moment, and will continue to be in the short term (meeting next week for one)
2. 80M already trades at a discount to its £70m / $93m estimated valuation via a SPAC Merger (Greenland Energy Company) therefore implying potentially 2x valuation increase from here, or a 100% return (on paper at least)
3. With the latest developments in Greenland, lets increase that valuation by a mere 20%. Points 2+3 give us a valuation of around 1.4p + 20% say 1.64p on IPO listing
Post IPO events
4. At the moment, the current SPAC company $PELI is trading above $10USD per share, which suggests anticipation is strong.
5. What is even more telling, is the total volume yesterday in $PELI was up 765%, over 200K trades, which equate to more than $2m USD.
6. If interest in the SPAC 'before' the merger is in the millions of dollars, what will it be if/when the merger completes? Likely to be significantly higher
7. Therefore one is not being too out of the question suggesting on SPAC listing date, with hype around greenland, and telling pre-IPO volumes, that the SPAC could trade at least 25-50% higher.
8. Thus the valuation of 80M would then be 25% higher than 1.64, around 2.1p+, or if we hit 50% which is very dooable for a NSDQ IPO especially lately (See WSHP, EMT, BULL etc.) then the share price goes to around 2.5-2.6p.
But ultimately, if the SPAC goes ahead this month you can easily make a case for a 100% return from here, with upside in the region of 2-300%
If it doesnt go ahead? You still have an asset trading at 50% discount to NAV.
hence why I am getting a little concerned this is an opportunity not to be missed. Problem is when you get too confident you make mistakes... thoughts?
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