Member Info for Mozax

Great comment at the end from Steve Brown, his knowledge of the area, history & his subject is second to none.

With the amount of skin in the game he has, the £100M of retained value with our recent farm-out, this is certainly a Compelling investment from these levels.

@ PaulFG

I suspect the RNS will be distributed on Tuesday when the market re-opens.

It will be carefully penned announcing the License wins but to also remind the market about our £100M of retained Value.

As I mentioned before, they’ve set the bar high to sign up circa $1.4 Billion in AUM within the next 8 months.

Plenty of positive newsflow incoming I suspect.

Great tweet btw.

Other big winners in the SNS area include Deltic Energy, Horizon Energy Partners, Ineos UK SNS, Ocradian Energy, Perenco UK and Neptune Energy.

I’d be interested to know what was in the presentation to The Institutional investors who have provided a further £6.3M.

They’ve not needed to go to the open market to raise funds, and the £550K allocation to retail investors is just a gesture to appease.

Well, there’s £10K worth at 1.817.

Interesting that this opened up & sells are being absorbed, I presume a decent buy order has been placed.

Maybe it will be printed after close.

Yes, I am confident, I believe Mirriad have built a juggernaut in their domain & are taking a decent market share.

Rathbones & M&G agree, as well as The Directors, and new Investors yet to be Announced.

I’ll buy in the retail offer & decide at what point I determine a ‘free carry’ in the future.

Well, I agree with you that there’s been a big filling of boots across a private table.

However, we play in a game controlled by others, and I tend not to waste energy on my disappointments.

I will however enjoy taking up what I am able, at least as investors prior to the announcement last night, we should also be able to obtain some very cheap tickets.

Yes, I thought Rathbones would take the most.

At least they’ve allowed retail to take part also, I’ll be adding a decent chunk although I have a low average.

We knew a raise was coming, but the price has taken us by surprise.

The 10 - 20 bagger has been reduced to 5 -10, with a dose of further patience.

Otherwise everything remains on track, funding is out of the way and massive traction ahead.

I’ll be interested to see what Rathbones have allocated.

Enjoy the bank holiday weekend & switch off for a while.

Like most looking to add further to their positions, they’re holding off whilst the recent traders have boarded.

They’ll gradually get bored and move on, which we are witnessing currently, and the price will gradually be eroded.

Then a slow & steady rise can take place, without big spikes, which only interests, and attracts, the flippers.

Only a handful of buys & no volume to create any significant movement.

You’ll be moving on soon one would assume, looking at your posting history.

Just pointless ramps everywhere.

Interesting that our seller continues to offload, even in a critical period of potential news-flow.

However, decent buys mopping them up, our seller is providing a good opportunity for stake builders to build without spiking the price.

The markets are closed on Monday so let’s see how today & tomorrow go.

Yes, this has been a frustrating experience but it feels like the pieces are all finally starting to come together.

Let this frothy phase pass & settle into a solid building phase.

I’m sure your extreme patience will reward you soon.

As the report suggests, ALGW are intending to have $2 Billion of assets under management by 2025.

So, they ‘continue to actively evaluate & pursue a number of acquisition opportunities’ and the board looks forward to updating shareholders in due course.

In this case I think we’ll have an announcement fairly soon on the next acquisition, they’ve only given themselves 8 months to announce the remaining circa $1.4Billion, so they must be pretty confident to make that statement.

The fact they’ve stated they are now debt free & have significant cash of the equivalent to our MCap suggests the market will probably react well to each announcement increasing AUM.

I think it’s a good strategy to outline a near term strategy, clear debt, announce significant cash reserves, employ further specialists & then simply build towards their target.

Morning LOTM

Just looking in, I’ve plopped a chunk in elsewhere for a brief spell, but yes, will still be adding here over the next few weeks.

I note our seller is still about so maybe I’ll have another load of really cheap ones again, like last week.

Either way, all good here.

It’s gone eerily quiet.

Yup, 19.44%

Btw, I’m on L2, up 11% already…..