The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
AI is also discussed in the article below:
https://slator.com/zoo-digital-ceo-how-hollywood-strikes-ai-will-impact-media-localization/
and page 22 of the attached:
https://www.zoodigital.com/wp-content/uploads/2023/08/2023PrelimsPresentation-v10_compressed-1.pdf
Whilst I don't buy into the x100 bagger potential (although x10 is very possible in my view) it's interesting that ZOO are featured in this article, and given a current fair market value of $1.6+ or roughly £1.30+.
https://finance.yahoo.com/news/turn-1k-100k-3-micro-175132714.html?.tsrc=rssA reminder if you missed it
I'd be surprised if we're not north of £1 before the next trading statement is issued in (hopefully) late June/early July. A couple of TR1's prior to then would certainly help. Only my opinion so as always please DYOR.
This is a reasonable summary on the potential/upside from 18 months ago, prior writers strike.
https://www.thisismoney.co.uk/money/investing/article-11343401/MIDAS-SHARE-TIPS-UPDATE-Zoo-Digital-proves-perfect-sequel-Netflix.html
Good luck and as always DYOR.
The reason it's been sub 40p (+/- 10%) for the last few weeks is that Canaccord Genuity have most likely been selling their remaining 4.75m shares into any rise and suppressing the price. Given today's rise it looks like they're out now, so hopefully a TR1 will appear in the nest few days. In the unlikely event there is takeover offer I'd imagine it would have to be many multiples of 75p to be taken seriously. I think this has a long way to run but as always DYOR. Good luck.
84.63% of the Company’s AIM securities were not in public hands as of 13/11/23.
As quoted on their website: https://www.redxpharma.com/investor-centre/aim-rule-26/
Good luck everyone and as always DYOR.
Not that I'm aware of. Could be that someone has added the other circa 5.5% ,owned by other AXA entities, to the 5.5% owned by AXA Investment Managers UK.
https://www.morningstar.com/stocks/xlon/ibpo/ownership
Hi Trotsky - If a majority shareholder (owning 70%+ of the stock) could simply do as they choose, and deliberately prejudice minority shareholders (so as to devalue their shareholding, avoid paying equitable dividends etc), there quite simply wouldn't be any privately held companies with minority shareholders. In the UK I believe this is covered (but please don't quote me), as I'm no expert) under section 994 of the Companies Act 2006.
Additionally, I personally don't see what Aggarwal (with his 80%+ holding) motivation would be to treat other shareholders unfairly. Currently and understandably, given the recent demise of the share price, I can see why delisting the company isn't perceived to in the interests of the minority shareholders but who know's what might happen post delisting. Aggarwal's personal net worth has taken a hit of £200m+ in the last week, which I'm sure he has a plans to recover (and some) post delisting.
Anyway just my thoughts and appreciate the healthy debate.
Best and Good luck.
Trotsky - whilst I agree that a shareholder with over 75% can change the articles of association, the minority shareholder can pursue a legal claim if those amendments are unfairly prejudicial towards him/her. Personally I suspect a 'shareholders agreement' will be proposed post delist.
Best and GL.
Whether in a publicly held or privately owned company It’s illegal for a majority shareholder to intentionally prejudice the position of a minority shareholder. Additionally I fail to understand why Aggarwal would even attempt to do so when it’s likely he will own 90%+ of the business once this delists …assuming that it is EICR that are currently hoovering up the shares.
Good luck and as always DYOR.
The 'A Trades' marked as sells are most likely AXA and the other minority II's, which can't hold stock post delist, offloading. Once they're completely out, this could get interesting.
Good luck all.
Worth getting level 2 just to watch the volume of A trades going through. Surely must be EICR hoovering up more of the free float. Awaiting a TR1.
Good luck and as always DYOR.
you can buy now - real spread 1 vs 1.09 or thereabouts.
Good luck.
Looks like they're just flushing PI's out by raising/lowering the price by a couple of pence each way. I'd imagine funds are loading up given the amount of round trades. Quite possible we'll see a TR1 soon.
Accordingly, a total of 3,594,002 option awards are outstanding following these latest grants, which represents approximately 11.0 per cent. of the Company's existing issued share capital of 32,554,293 Ordinary Shares.
from the last RNS.
09:49:29 2.20 5,000,000 110.00k O
Looks like I timed this mornings purchase well.
Fairly Sure Raj only had circa 780k shares. Don't think there's any overhang as took me 10 trades to buy just over £60k's worth this morning which suggests there's very little stock available.
Good luck & DYOR.
I might be wrong, but a more knowledgeable colleague of mine suggested that when duplicate trades are printed (one positive, the other negative) are shown they are often shorts closing/covering.
30-Sep-21 16:43:09 51.15 2,064,323 Sell* 51.52 51.64 1m O
30-Sep-21 16:43:09 51.1454 -2,064,323 Sell* 51.52 51.64 -1m O
GLA