Member Info for LtdAxis

Make that 36 …and ask up from 0.0032 to 0.0035.

27x142 trades so far

What’s with all the 142 trades ?

I think so.

Before all the talk of the 'further investment' via the large placing ( now aborted), this was set to rocket even on our initial £1m investment if the banking licence was granted.

The only real but of news that is needed is that the AlbaCo £25m funding is secured for the licence to be approved.

If we invest further in ways different from a potentially dilutive 'raise' of capital then that will be a massive plus, although the raise as it stood would also have been good news.

So it's a win win...as long as AlbaCo have secured the necessary funds. I can't see how this can go wrong....although the detail how it all unfolds I await with interest.

Ask has just gone up from 0.003 to 0.0033.

Share price has held up better than expected IMO. (on very low volume)

Jim(James) McColl himself is a director

Bid up to 1.61

I agree in the sense that that would be the preferred outcome. I guess approval for CHP( from the FCA) to be a controlling party in AlbaCo is quite crucial

Amigo holdings is having big rise today. Cash shell.Listed. Jim McColl director. 🧐

Just as an aside, and it may be nothing, but I just re read the RNS, especially after L200's comments below, which of course none of us can verify

"We are also progressing our wider strategy to invest in complementary fintech services businesses for SMEs alongside our existing cornerstone investment in AlbaCo.""

Interesting use of words if you remember FIN ( Fintech) which is one of our major current investments, (and would still presumably qualify under the new investment criteria) used to be called ' Cornerstone'.

A subtle clue to something afoot with them, or just me overthinking in the lull before the storm. 😉

Bid / ask are the same though ( in reality) 1.515/1.65

Yes thank you

If an investor subscribed to half the available placing shares (300bn @ 0.004p )that would be a £12m investment by them through us into AlbaCo. If the fact that we then hold a meaningful stake in a new bank meant the CHP price doubled to 0.008p then they would have made £12m ( on paper at least). By the same token if their investment were at 0.005p (£15m into AlbaCo) and it had the same effect on the share price ( doubled it to .01p) then they would make £15m.

Conventional wisdom suggests the raise will be at a substantial discount. In this case a raise at a premium , as it is such a specific and golden opportunity, is not out of the question or indeed unattractive.

Start where you mean to carry on...up!

Doubt forward selling as volume tiny compared to the potential number of shares to be issued

“Now long to wat”

Excitement getting to you ?

0.004 on the ask now . A few might be kicking themselves

Perhaps they want shares pre US open. Get quoted more to sell larger amounts

Bid has been fluctuating a bit but now 0.0031 for 100m shares

Agree. Best see it as a 'golden' opportunity that others have missed!

You could buy 100m shares for 0.0029 yesterday. Today you can sell them for that and to buy 100m is 0.0034

Hidden as advertised bid/ask is unchanged

“Genuinely why would anybody buy till fundraising details are known?”

The market is anticipating a raise around the current price..somewhere between 0.00275 and 0.0035 (IMHO)

It’s for a meaningful slice of a bank at the beginning, not a general raise to keep the lights on .

It’s not open to the likes of us , so we can only anticipate the potential upside of this investment and judge whether it is worth buying at these levels or waiting , by which time it might be much higher .

The higher the raise price the more can be invested .

£3m extra per 0.0005 ( if full 600bn shares issued).

0.0025 raise =£15m 0.004=0·£24m

0.0029 is an attractive price to me