The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Interesting to see GM taking a 25% stake in Pure Watercraft a US electric outboard startup.
https://www.cnbc.com/2021/11/22/gm-takes-a-stake-in-electric-boating-start-up-pure-watercraft.html
Market seems to be growing fast "According to the National Marine Manufacturer’s Association (NMMA) outboard engine sales in the U.S. reached a record level during 2020, increasing for the ninth consecutive year, to an estimated $3.4 billion."
Could be something competitors are also interested in (could be more opportunities for Saietta)
https://twitter.com/Pluto_Digital/status/1461624893091450887
https://thefintechtimes.com/pluto-digitals-latest-acquisition-to-launch-yop-2-0/?utm_source=dlvr.it&utm_medium=twitter
https://twitter.com/Pluto_Digital/status/1461624893091450887
https://thefintechtimes.com/pluto-digitals-latest-acquisition-to-launch-yop-2-0/?utm_source=dlvr.it&utm_medium=twitter
Does anyone have any idea what RGO hold in relation to Jubilee Metals? - I see there was a £1.2 mil invested in Feb-19 "invested £1.2 million, principally in the secured non-convertible financing facility arranged by Jubilee Metals Group plc in connection with its acquisition of certain chrome processing operations" Do they just get a rate of interest or do they hold any shares / warrants (which would provide a good return as since the investments the shares are up approx x6).
Many of the other mining co's that RGO placed other investments with appear to be struggling and are valued significantly less than they were at the time they were made. I've not managed to derive a clear picture of what loans / returns are due from what is still active and the timescales they are to be made. Also if there are any warrants associated with the mining cos.
It certainly seems clear that the current focus is on the Pre-IPO market and the investments in PIRI, Pluto and Smarttech247 (which may be acquired as part of a reverse takeover by Conduity Capital).
Latest Vox markets Podcast talks around EVs and the e-Traction deal
https://www.**********.co.uk/articles/paul-hill-talks-about-sector-diversification-evs-tesla-green-hydrogen-some-stocks-to-follow-72d9f6f
General EV chat from around 7mins and Saietta deal from around 10 mins in
There have been a few moves in PIRI recently with Chris Akers also upping his stake.
You mention a bumper dividend - I'm not aware they have paid a dividend to date so why now?
I wonder if the interest is ahead of the upcoming IPOs in early 2022 - Pluto and Low6.
I have a v small interest in PIRI and have been trying to decide if I want to add there or buy RGO (was thinking the later but undecided currently)
Is this related to the PIRI warrants that were due to go live today? 4.2mil at 4p.
Vox Markets take on the e-Traction deal
https://www.**********.co.uk/articles/saietta-acquires-e-traction-for-a-total-consideration-of-up-to-2-million-aaaee50/
Thanks for the updated GBP portfolio link. I also found a USD portfolio via another US forum (for KROEF) - https://cointracking.info/portfolio/KR1ListedHoldings
Had a quick check and there are minor differences. GBP listed portfolio has DIVER and EQM where the USD one doesn't. The USD one includes BZZ which is missing from the GBP list. There are also some differences in numbers of tokens - The main value impact is in ETH where the USD portfolio shows 1531 more. Overall both are indicative and could be of use.
No specific details on Draper Esprit's share commitment but look to have been part of the placing. I would therefore presume they haven't sold off any of their existing holding
Trustpilot shares tumble after placing
(Sharecast News) - Trustpilot tumbled on Wednesday after shareholders placed around 41 million shares, or a 10% stake, in the online review company.
According to Bloomberg, holders Draper Esprit, Index Ventures, Northzone, Seed Capital, Sunley House Capital Management and Vitruvian Partners placed the shares.
JPMorgan, Morgan Stanley, Berenberg and Danske Bank were the bookrunners and the shares were placed at around 345p.