RE: rdgc/QTZ (shout out to Maf)1 May 2021 22:22
Hey Xv,
Re RDGC, What I can say is that there is close network of directors who are part of AAA and Vela which invested in high tech companies either already floated or are private and pre IPO and these same directors have all formed SPACs in Q1 this yearr. So this is where the intrigue here as notion is, is that potentially some of Rto opps may come from these private companies which had Leary investment and could be floated via SPACs as vehicle to IPO quickly and more cheaply (less reg requirements using a SpAC to float a company via a rto.)
In terms of QTZ, this has a very strong BOD as it is, which Simon Grant Reniick was originally part of,, but then left, to follow up on other opps , , but still hold a secent share holding . But Chris Akers is main draw to this SPAC for following reason.
.1. He is a seriously rich pro- investor And has made most of his wealth thru concentrated astute investments. His investment in AAA alone is worth over £50m
2 He has openly said that secret to his success is investing in companies where he knows both the company, sector and its peer group very well thus thorough research and companies ambitions ties in with his own. In other words, he will have close ties with BoDs and will most prob have influence on strategy and direction of QTZ given his huge knowledge and experience in sector as well as his Huge holding.
3.All of his known investment right now are closely tied together in high tech sectors these include AAA, PIRI, Gunsynd, Asimilar Group BrandShield, so an ipo could be linked to One of these
All of the above suggest QTZ is a loaded bet imo.
Good luck