RE: Spread31 Aug 2018 16:33
Happy to discuss this further as you've not really adding anything apart from disagreeing with the facts I've posted.
The company is debt free. Has cash in the bank. Which are the main differences from other companies listed on AIM. The share portfolio is in development and as we've seen with UKOG, ALBA, and SOLO is almost reaching maturity.
It hasn't been stated anywhere directly I don't think but numerous interviews AC has said the dividends would be returned to investors around the 25mil mcap level. Which if we look at UKOG circa 10p which have been rumoured is around a 9mil profit. Engage valued at £22/share at the last fund raising (we also bought at £15/share). I'm not 100% on the numbers of shares in issue but the £22 valuation was based on a value around 20-30 mil. So on IPO announcement this makes at least 6x the investment.