RE: volume3 Mar 2016 11:18
some interesting theories being thrown around on the advfn bb from a poster called Dusseldorf
"Mister MD - My speculative theory is that via Oryx (Mills and Sturm), "Team Rock", one of Oryx's largest holdings and that Tim Sturm (Also PAA exec) is a director of, that is currently unlisted could be brought to market via PAA.
It's a long shot, but you have to question why Mills got involved initially to such a large extent - I believe he 'personally' invested £500k prior to Oryx. You can see Team Rock promoting Rock legends in Asia, perhaps they identified PAA as both a commercial promotion partner and a potential shell for the listing.
I still haven't had contact from DC, so this is purely my speculation and could be miles from reality...
Littlemadam - completely agree, PAA has been in limbo for a long time with no clear direction, though it seems to be heading towards music in isolation.
I'm still concerned to be holding as many PAA as I do, hence why I have been trying to get to some detail on what DC sees as the next steps"
"another theory could be that if PAA is aligned as a 'music promotion' business than this does not constitute a 'change of business' if reversing team rock and thus not subject to same constraints as a normal reverse re: voting etc..?
not sure about the technicalities of that though, just speculating through boredom.."
"EezyMunny - I already stated why I believe Oryx chose new nomad - Stockbrigde, used to be called Westhouse, who were Oryx previous Nomad - too much co-incidence IMO
My past postings are speculation and were based on either 'official' brokers notes and projections, or reasonable assumptions if events go ahead (Sanlam target of 220p equivilent by now, looks like they were wrong too). Clearly if the professionals linked to the company get it wrong to such a degree how do I stand a chance of accurately predicting anything. Unless you think I hold some insider knowledge of some description, my observations are perfectly reasonable based on available info.
You certainly know how to read a balance sheet and 'guess' whats happening next on this basis, but your view tends to be very black and white - though admittedly you drop yourself a few crumbs of 'you could be right though' so to cover your stance."
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