Member Info for LtdAxis

Another opportunity to top up at 0.003!

1.855 on the bid now

Thankyou RKB

Now 0.0035 for any quantity. Was 0.0027/8 earlier in the week. Still tempted to add more .

Our HAMA investment of £300k via a CLN ( 10m shares @3p when converted) and which seemed duff when the price was 0.5p there....well it seems inspired now.

Good luck …but I think today is the last day to get in at these prices

A while ago Vela( now CHP)invested £300k in a CLN to be redeemed for HAMAshares at 3p ( 10m shares) .

It seemed a duff investment at the time but quite a good one now .

I don’t know if and when it will be redeemed but CHP ( like hAMA has changed strategy and is now focussing on the financial services sector .

I hold both and expecting big things from both .

Because it’s a direct investment . For every 0.005p increase in the raise price it’s £6million more to invest

It's not corruption. All today's trades so far have been buys...smaller trades below the mid price ( so marked as sells), larger ones at the mid price (therefore marked unknown). LSE software will put anything below mid price as a sell and above as a buy. Dummy buys and sells can usually tell us where the true bid/ask is.

The manipulation ( if any) is the range set by MMs which will affect how trades are shown on platforms and therefore might influence trading patterns with pi's, but I would doubt on this small volume this is going on.

Just to bear in mind the following could be sold to raise capital ( if website is up to date:

HAMA £410k ( if CLN converted to 10m shares@3p)

ENSI £300k

FIN £88k

CODE £121k

GCON £10k

TSP £42

KING £ 100k

Total: £1.071m at current bid ( there are other holdings but harder to quantify a value)

Thank you RKB.

So if we raise at the same price as last time (0.035p) that would be £21m if the full allotment of 600bn shares are issued, which is 17.5m new shares in albaco @£1.20.

If these are new authorised shares then the new figure would be 63683704 shares and our % ( including our initial million) would be 29%

McColl's share swap deal was at 0.043and if the raise was at that price would give us approx a 35% stake.

I'm leaning to thinking the raise price won't be as low as people were musing if there is such an opportunity to hold a 'meaningful' stake in Albabco. A raise at 0.05 would give 40.8% and so on..... it depends on McColls holding here plus his separate holding in Albaco.

Interesting stuff

He invested at 0.0035p

You are very lucid for 6 pints deep!

Of course we can only invest in what is available. Existing investors in Albaco may want to hold onto their shares. Maybe more interesting is who will have the controlling % of CHP ( if at all). John Story currently has just under 20% . Will he buy another 120 billion to keep his %...and at what price?

bag of a *** packet calculation: ( correct if wrong)

if we have 1m shares and that is a 3.65% stake then there are currently approx 27,397,260 albaco shares

they are looking to issue 18,750,000 more, so in total 46,147,260 ( approx). so if no further participation we would have a 2.17% stake.

if we raise a further £16.5m @ 0.00275p ( 600bil shares in chp to 16.5 mil £1 shares in albaco) we would have a 38% stake in albabco. meaningful but not controlling.

to have a controlling share we would have raise at 0.000037 ( approx)

musings over a glass of sicilian red. ( i don't smoke)

It’s a large spread . Mid price is up 20%.

I had a sense you might have your eye on this one as some familiar names have been cropping up in connection with AlbaCo and on here.

I agree that our contribution to the required £25m may be much less than I had ‘mused’, but it makes sense for CHP to be able to get a decent slice of the cake at the beginning of this journey , and the rewards look like being substantial .

Well we know what the fundraise is for .

Whatever the price it will be subscribed to by existing or new investors who want a slice of a new bank at the beginning . Everything will likely happen very quickly , so if you want a decent slice of a potentially massive cake it would make sense to take advantage of these low prices now. Just my opinion .

Alba need £25m. We’ve already put in £1m, so £24m more

CHP are seeking the allotment of 600bn shares

600bnx 0.004p =£24mil

A £25m investment=91.25% of Alba

McColl recently invested, via the share swap at 0.0043p

600bn shares @0.00275=£16.5m

I’m going to guess 600bn shares @ 0.025=£15m + the £1m =£16.5m = 60% of Alba …all other things being equal ( which of course they won’t be )

But raising the whole lot @0.004p would be attractive , followed by a RTO or merger to get the market listing .

Cheap way to buy a bank !

“This is a landmark for AlbaCo and represents the culmination of five years of intensive work by AlbaCo and its professional advisers to secure the consent of the PRA and FCA to begin operations. I sincerely hope and believe that this, as well as being transformational in terms of AlbaCo's prospects, valuation and market position, will also present the opportunity for both AlbaCo and Caledonian Holdings to move forward rapidly to further develop their ambitious strategic plans."

Current buy price 0.0029p !

"Good point, I do think current shareholders should also be given the opportunity to invest at the discounted price though."

We may already have it! If they want the full £25m through CHP into albaCo then 600bil shares would need to be bought at 0.004166...which is about what McColl paid previously