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The fact is the current market price is £8m and while back MXO had an offer to sell Aje for $18m and that was before it was producing at the current rate and with an over hanging liability
So ADME stake in the Aje is worth $20-$25m + so more than double the current market price
No reason for the dip just an opportunity to pick up some cheap shares our investment have had massive rises lately and strong backing from investors like candy and Scott then there is the crypto bounce
Vela is massively under valued this should be confirmed on the financial reports soon
Seems like the SP has now stabilised and we can move on up from here
Let’s not forget our ownership of the AJE OIL is worth at least $18m probably more now that we have paid off the over hanging liabilities so with a MCap of £10m it’s over sold
Steady rises with the crypto bounce edging to break 13k then a big bounce will come once the market realises vela is just a one trick pony and has investments in transportation, mining, payment services, digital shopping services, digital tv streaming as well as all it’s other disruptive technology investments
Loads of upside to come strong and long!
Our investment in Argo Has gone up 60% in the last few days and we now have a billionaire invested in vibe and talks of Airportr expanding into trains
The market will recognise the potential and how much vela is under valued
Wow this is great news Nick Candy buys a big stake in Vibe pay
https://www.businesscloud.co.uk/news/nick-candy-takes-stake-in-luke-massies-vibe-group
Wow we have a product already and selling to the U.S market this has massive upside