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As far as I know CA is backing Veative with a substantial top up .GLA
TBH in my view having held a considerable position for a significant time I really think if a large company or major offers AM a reasonable price he should take it , they have the nous and ability to develop the find and use it eventually for CO2 storage , whereas between RBL JVs Debt Bonds going it alone could take a heck of a long time …..
Tbh a listing in India is more likely in the short to medium term but I do remember CA suggesting Nasdaq as a goal some time ago GLA
Looking a tad more hopeful for the sake of PIs we need to list somewhere if not London , if we have to take a low placing initially so be it , better than bust or private without T/O , GL to all of us who have supported the company and the great concept .
Mind you Anavio may well have a say with their potential holding and I would think a massive profit on a buy out would not be unattractive GLA
TBF the oil find has been trumpeted politically in Wyoming and if it was a myth RS would never be able to validate a find again mind you there was a part of the report he didn’t publicise …IMO it’s the predictions and the timetables that are infuriating when they pass and there is silence even though information can be picked up on the internet , comms need to be seriously improved and for PIs the bonds need to be redeemed in cash asap GLA
Imo as ASLR was yolo one of CAs first big successes and AAA and Boom and Pira and Gun are interconnected through CA I would have though that he would not want to see DEV fail as ASLR has nearly 9% and he 4% ,then possibly a mini domino effect . I could be wrong but there are reputational and financial reasons for Veative to prosper so I think those with deep pockets invested will find the finance and possibly Nasdaq relist in a while …….only musing positively ! GLA
The ASLR rise is encouraging as CA is supporting
RTO lol
Wouldn’t be too hasty to write this off , if they do the rot with F2F, share holders will in all likelihood do very well GLA
I would imagine the increase of Coalculus tokens is related to its use , and although the UK apparently doesn’t see the launch of Stablecoin this year I don’t see why GST can’t prove the viability of its business via the sandbox and operate in a variety of environments sooner rather than later GLA
I doubt that GST will limit its activities to the UK … GLA
I should have added which option do you think the HNW investors will choose considering their large investments ? In addition to that muse do you think the company hasnt already explored financial support and has it in place …..maybe I’m wrong but I think Nasdaq in a year or too is a strong possibility as already muted by CA , so I’m not in despair …I was a few days ago ! But despair is not ruled out if I’m wrong , if so it’s not only going to be me who loses a LOT of money in an innovative stock in an expanding sector which has been sorely hit by a contracting world economy (BYJU and E Blair to name two) GLA
I find it difficult to explain the apparent present dire financial situation, it seemed to me that the ditching of the Aldebaron deal was the catalyst as that deal at least provided financial stability over the next few growing years . Now there are a number of deep pocketed investors with a lot of stock in Dev both financial and reputational and ASLR company with its investors too. CJ apparently lost out to Aggar in a boardroom struggle and maybe deservedly so as comms were really bad and profits were worse although the economic issues account for part of that . I have a six figure investment here or “had” and this is my worst point ever in a main stock market company , made even worse as I couldnt at least trim my investment over the last year when the financials went poorly . However I have been thinking over all the senarios and there are a few …1 Veative as it is now recovers and realists …a possibility and maybe a probability with Aggar at the wheel and a large number of HNW investors but the company needs cash now ….
2,Veative struggles financially in an expanding ed tech market and is bought out by a large predator (remember most are struggling atm see Euan Blair’s company )
3 Veative stays private and does well in an expanding ed tech sector
4 Veative disappears and goes bankrupt quietly
Which does rational thought support keeping in mind we have an Asian high achiever in control and a new CFO ….
Take your pick but if you have the time I think it’s worth holding , selling will only realise 1or 2 p per share with difficulty ….holding won’t lose you too much more. But everyone to their own and I am bitterly disappointed and will never hold a large amount in a small cap again sad GLA
Looks like a RTO of Fast Fibre ….relist later in 2023
Coalculus coin rises 181% today looking good for GST GLA
Similar to you Bagzzz 6 figure loss , this is annoying me more as time goes on , I’d love to see a recent share register to see who got out in time . There was no clue a few months ago in August when the RF funding was announced , although not ideal all seemed at least in control , how many companies have resisted after this voluntary delisting especially after the long suspension when most investors had little chance of selling . It’s frankly disgraceful even if the sp would have fallen on relisting , mind you a number of big investors and posters reputations have been destroyed not that they will mind if their money is safe . Great Christmas present for honest investors !
The large trade is most likely a worked buy for a short closing ,takes time to collect that number of stock .GLA
There is a 1 mil stock buy most days now , encouraging and hopefully Raphael T or whoever the large seller was is finally out . This potentially is a blockbuster tech company harmed by poor comms and the decline of crypto . Very oversold imo GLA
Still grossly oversold and cheap is the seller out yet ? Need a few more buyers to move it up …