Member Info for optimist13

willec - it is part of the deal with SecurLinx Corporation. There will be a 1:1,000 share consolidation, if the deal goes ahead. Normally a consolidation is a precursor to a placing, but I don't see this happening here if the Oyster float is a success. I would be very surprised if PLMO do not receive between £750k to £1m if they convert the loan into shares and make a profit on the warrants. The placing price of the Oyster shares is the key as is demand for the shares.

Buys still going through as sells. The MM's seem to want to keep the share price down here for some reason. David Lenigas is in SA at the moment, so let's see if AAAP is on the agenda.

I would say no chance, but we should get a very good January surprise once Oyster Oil & Gas lists on AIM. With the valuation placed on Oyster by Canaccord Genuity, there is a good chance that Polemos will make a very good return from its investment which will be of huge benefit to existing shareholders. The deal with SecurLinx Corporation is structured so that they will receive less shares if the Oyster investment exceeds £600k. Given that Canaccord value Oyster at circa 7X our buy price, there is a good chance of this happening. The good thing is, with our shares suspended, on a positive listing for Oyster our share price should gap-up when we come out of suspension.

I see the MM's are having fun again. Buys going through as sells yet again, but they have achieved their objective, with the share back to an all time low. We need some news from the company.

megapix, I think you will find they were at the AfriAg HQ. However, I am hoping that AAAP will fit somewhere in the equation and that we may see an update for the last trading year. DL has been talking about acquisitions for a while now, so as he is fond of saying...watch this space.

I see our chairman - David Lenigas is in Africa this week. I wonder if he will provide a trading and operations update for the year ended 31 October 2017 as per last year. Given his 'launch' of the company earlier in the year on Proactive Investors, he has been surprisingly quiet.

I can't see the deal going ahead until Oyster Oil and Gas lists and Polemos are in a position to recoup their investment. Pretty sure they will need cash to develop and promote the new company. On a positive note, if the Oyster listing is a success and Polemos make a good profit, that will make our shares seriously cheap, IMHO.

I hope DL is watching what is happening here. His 'priceless' main market listed company is going down the pan at the moment. A 650k trade has gone through this afternoon at 0.45p. We need an update from someone in the company PDQ.

Here we go with all the small trades again. Convinced this is an orchestrated attempt to drive the price down.

The company seem determined to embark on a discounted placing rather than dispose of assets. There appears to be so much skulduggery going on with this company it is impossible to work out what the end game is. As a discussion point, could there be a large short being held by parties which can only be closed by the company issuing more shares, or is someone simply trying to water down the holding of Sterling Trust. Currently, the company cannot issue any shares below the nominal value of 2.00p, so we appear to be in a stale mate position and there is still no clarification as to whether PE still has any involvement in EdS. A very unsatisfactory situation, but I will continue holding until there is some further clarification from the BOD.

Courtesy of scotty666 on the other side. Well worth listening to: Oyster Oil & Gas Ltd president and chief executive Michael Wood updates investors at the World Oil & Gas Week in London; http://www.proactiveinvestors.co.uk/companies/amp/media_files/8479 Listing in London expected to be confirmed end of Dec / early Jan.

I think you will find they were both delayed buys. Check the timing of the trades and the price at that point.

The Board of Anglo African Agriculture plc (LSE: AAAP), the London Main board listed food manufacturing and trading company is pleased to announce that Mr Rob Scott, an existing Non Executive Director of the Company, has taken on the role of Executive Director with immediate effect. Mr Scott will be taking on the responsibility for driving growth and seeking acquisitions. Mr Scott is a Chartered Accountant and has been involved in a number of private and listed companies operating across Africa. David Lenigas, Chairman of AAA, commented: �I am delighted that Rob has agreed to take on an Executive role at Anglo African Agriculture. His knowledge and experience of will be of great benefit to the Company as we seek to develop and grow.�

I wonder if we will hear any news on acquisitions with the update; David Lenigas, Non-Executive Chairman, commented: �We are coming in to the very busy season for the Dynamic Intertrade and it is imperative we are well funded to keep up with growing customer demand over this period. We are also looking at new business opportunities and it is also important to have a stronger balance sheet whilst reviewing target businesses for acquisition.�

Buys finally showing as buys again. We had a trading update on the 02 December last year, so hopefully there will be one at the same time this year. Not long to wait.

Buy price starting to creep up, but the trades are currently going through on the NEX Exchange. 13/11/2017 08:30 300,000 0.722 13/11/2017 08:13 300,000 0.695

Hi _ValueInvestor, yes , that is what I am banking on. DL stated in his Proactive Investors interview that the main market listing for AAAP was priceless and I don't think he plans to let the company bumble along in its present state. In fact, in the last two RNS releases he has said they were looking at other investment opportunities. As you know, I hold AfriAg shares as well, so a tie up with them would be great news for me personally.

That explains it. A few trades have gone through on the NEX Exchange today: 09/11/2017 11:29 300,000 0.67 09/11/2017 10:03 1,085,000 0.58 09/11/2017 09:38 496,852 0.605 09/11/2017 09:38 496,852 0.605 09/11/2017 08:05 500,000 0.605

Can now buy below the last placing price of 0.70p: Funding to Strengthen AAAP�s Product Range and Business Expansion The Board of Anglo African Agriculture plc (LSE: AAAP), the London Main board listed food manufacturing and trading company, today announces that it has raised approximately �140,000 (gross) (the �Subscription Amount�) by way of subscription of 20,000,000 new ordinary shares of 0.1p each (the �Subscription Shares�) at a price of 0.7p per Subscription Share. The Subscription proceeds will be used to provide additional working capital, which will enable the Company to increase stock levels in the Dynamic Intertrade business to provide a wider product range for customers and allow the company to increase stock levels of core mixing ingredients to meet growing customer demand. David Lenigas, Non-Executive Chairman, commented: �We are coming in to the very busy season for the Dynamic Intertrade and it is imperative we are well funded to keep up with growing customer demand over this period. We are also looking at new business opportunities and it is also important to have a stronger balance sheet whilst reviewing target businesses for acquisition.�

My buy price today indicates we are at the bottom of the trading range again. Let's see if it starts to move up again in anticipation of good results for the year just finished.