Member Info for onlyprofit

2 x 67k buys at 8.52 (£28k)

ChatGBT:

After shareholder approval is secured, the typical timeline for merger consummation ranges from immediately to 12 weeks, depending on the deal structure and any remaining conditions.

Typical Consummation Timelines

Prompt Closing: In many standard transactions, if all regulatory and financing conditions have already been met, parties typically complete the merger promptly or within a few days following the vote.

Standard Closing Window: A common target for the final "closing and integration" phase is 4 to 12 weeks.

Ticker & Listing Changes: On public exchanges, stock ticker changes often occur within 1 to 3 trading days after the merger is finalised

While this is just my personal view and I could be mistaken, the recent news regarding the Super Apps merger and, more significantly, the Islamic banking development, leads me to believe that a £1 share price is no longer a fair valuation.

The Islamic banking news is a substantial catalyst, making it challenging to pinpoint an exact fair value for the share price at this moment. However, it's clear that a £100 million market capitalization is now readily achievable. Furthermore, the Islamic banking aspect has the potential to propel the market capitalization significantly higher, possibly reaching £400 million to £500 million or even higher.

Consequently, from my perspective, acquiring shares at 10p or 15p would represent a substantial bargain, given the considerable growth potential ahead. As always, please conduct your own due diligence (DYOR)

43.7 million, I believe.

Leer75: Back in March and June 2021, the share price surged from 15p to 50p. This happened when the company had no revenue, no major deals, and was actually making a loss. Now, the situation looks so much brighter! So, what could be the reason that the share price isn't spiking to 50p again, given how much things have improved?

Https://www.tradingview.com/chart/MBO/WbzuuDIy-Elliot-Wave-Analysis-for-MobilityOne-Plc-MBO/

Here is a snippet of AI interpretation of the 8K Notice:-

Why This Is MASSIVE

In SPAC deals:

Typical redemptions:

Weak deals: 70% - 95% redeemed

Average: 40% - 70% redeemed

Strong deals: < 20%

Your deal:

~0.03% redeemed = EXTREMELY STRONG

What This Tells the Market

Investors did NOT take their cash out

Meaning:

They believe in the deal

They want shares, not cash

Confidence is very high

Cashregister: I think 1153 shares were redeemed. Please correct me if I am wrong. Great news that this has finally been achieved.

MediMan: Would you mind sharing the price you paid?

Great news!!!! Congratulations to all holders

Miningforgold: Hope you don't mind me asking, but I'm trying to get my head around this. From what I've gathered from your posts, if ANGKASA makes $14 billion, does that mean our cut through OneShop is 40% of that amount? Let me know if I'm understanding this correctly!.

Thank you miningforgold! much much appreciated!

As previously stated, the AIM market's performance is often driven by market sentiment. For instance, the period between March 2021 and June 2021 saw a significant increase in share price from 15p to 50p, primarily attributable to prevailing market sentiment. This sentiment was further underscored when the company issued a statement indicating a lack of near-term revenue expectations.

However, the current market dynamic has substantially evolved. The recent transaction is valued at $1.10 billion, and a nationwide distribution partnership has been established with Angkatan Koperasi Kebangsaan Malaysia. Additionally, the development of a comprehensive payments and lending ecosystem, conceptualized from inception, is a key factor. These developments are poised to serve as significant catalysts for the share price. It remains to be seen when the market will fully recognize the intrinsic value of MobilityOne.

We've seen how merger announcements can create a buzz, and the TETE merger has been no exception for MobilityOne. This news has historically led to increased buying pressure and a significant uplift in the share price, with the stock showing potential to reach the 40 to 50p range. The positive sentiment generated by the merger news has clearly influenced its movement, and it wouldn't be surprising if this trend continues, potentially pushing the share price even higher, past the 50p mark.

Excellent post as always. Please have a look at the link below:

https://www.financialservicesrevieweurope.com/bradbury-group

Why would you sell them for half the price when you can exercise your warrants at 2 to 3p?

If you had warrants, would you sell them at this price? Especially when the chances of the share price going up are higher. Why would anyone sell if the outlook is very good?

Voting on Monday not Thursday

As far as I remember, people were saying the same thing last week, that the share price would re-rate in anticipation of voting, but instead of going up, the share price went down. Now people are talking about a positive change in the share price this week. I am not negative about this share, but I am very surprised that the share which should have been trading at 3 to 4 pence could not even go above 1.50p. I am observing it from the sidelines and my main aim was to understand the SPAC and its process. Let's see how high the share price goes this week. I know that people have a lot of expectations from it. The new company will start trading on NASDAQ from March 25th. All the best.

Exactly Sir James, in my observation of the AIM market, sentiment often drives the share price well above its realistic market cap. We've seen many examples in the past where market enthusiasm pushes a share to its all-time high before it eventually settles back to its true value. With a small free float, this kind of movement could happen with this share as well. However, the potential remains significant if all the upcoming news materializes as expected. It’s only a matter of time before sentiment shifts in our favor; if it doesn’t, I will be quite surprised.