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Russia is a terrorist state.
"We bow our heads in memory of our 34 employees who died in action to defend Ukraine. May they rest in peace and be remembered for their extraordinary courage and sacrifice.
We must also acknowledge the 754 Ferrexpo employees who are currently serving in the armed forces, risking their lives to uphold Ukraine's sovereignty and independence. In all cases, we are keeping jobs open for them. We must also continue to support their families as best we can. We will continue to support our veterans with reintegration to civilian life when they return to the workplace."
Here is an example of a liquidation without appointing a 3rd party, hopefully something DNE can do IF a vote to liquidate has to take place.
HAPPPY NEW YEAR to you and yours when it comes.
Settlement of Fund I Loan
https://www.lse.co.uk/rns/OCI/
Oakley Capital Private Equity L.P. ("Fund I"), one of the Oakley Funds1 advised by Oakley Capital2, has reached the end of its term and is being liquidated, whereupon Oakley Capital Manager Limited ("OCML") was appointed as liquidating trustee. Fund I's remaining investments consisted solely of shares in Time Out Group PLC ("Time Out"). On 28 December 2023, Fund I made an in-specie transfer of these shares to all Fund I investors, which has increased Oakley Capital Investments Limited's3 ("OCI" or the "Company") direct shareholding (the "In-Specie Transfer").
An agreement (the "Agreement") has also been entered into by Fund I and the Company to, immediately prior to the In-Specie Transfer, settle Fund I's outstanding loan (the "Fund I Loan") previously extended to it by OCI and comprising approximately £8.0m of principal and £0.1m of interest outstanding, via the transfer of shares in Time Out (settlement of the Fund I loan together with the In-Specie Transfer, the "Transaction").
29/12/23 Trading Statement
Duke Royalty said it expects recurring cash revenue of GBP6.3 million in its third quarter ending December 31, which would be a 12% increase year-on-year. It would also be a slightly increase from GBP6.2 million in its second quarter. "We are pleased to report that despite the ongoing macroeconomic uncertainties, we continue to deliver revenue growth, with Q3 FY24 on course to maintain this upward trend, underpinning our stable dividend which at the current share price, represents an approximate 9% yield," said CEO Neil Johnson.
Yes I was surprised to get more at 504.40 this morning.
Happy New Year to you & yours when it comes
GLA
Align Research seem to be suggesting a possibly 10x re-rating here comparing it to Afrenta which is valued at £85M
https://twitter.com/AlignResearch/status/1740311197558133042
"The disjoint in value with fellow Angolan explorer Afentra #AET is glaring. Corcel's a tenth of Afentra and it looks like their Kwanza blocks could carry more BoE economic interest. Incredible really. #CRCL"
GLA
And again to 495p
I have this on my watch list (after selling at loss after year 2000 boom) but just can't see any end to the war sadly.
If Israel ends up in perpetual state of war (which suits Russia and others) does BATM manage to grow the business?
Its 5% interest.
Not normal is it, you don't see this in main listed stocks.
Who are MCS?
Following previous announcements made by the Company regarding the rollover of the Sale & Repurchase Agreement (the “REPO”) entered into between the Company’s CEO and Executive Chairman, Professor Francesco Gardin, and MC Strategies AG (“MCS”), the Company has been informed that Professor Gardin and MCS have agreed to amend the repurchase price and the repurchase date of the REPO as follows:
The term of the REPO under which Professor Gardin is to repurchase 5,000,000 ordinary shares of 0.25p each in the Company (“Ordinary Shares”) has been extended from 30 September 2023 to 31 March 2024.The repurchase price for the 5,000,000 Ordinary Shares has been amended from 3.3172 to 3.3578p per share (representing a 5% yearly interest rate on the initial purchase price of 3p).
Https://www.trustintelligence.co.uk/investor/articles/fund-research-investor-trig-renewables-infrastructure-group-retail-jul-2023
I have 12,000 shares bought in March 2021 and down £1,207 on capital having last topped up at 118p however had £1447 in dividends and due £215 divi next week.
GLA
Using that calculator 5.5M shares at £5 comes up with an admission fee of £698K but yes I agree ongoing £10K.
Nowhere is DELISTING mentioned by DNE, they will delist AFTER they have liquidated.
I think they have mentioned possible VOLUNTARY liquidation as this is part of WINDING UP which is where we are.
Part of investing is trust and I trust Dunedin.
If you think the decisions are driven by the interests of the investment managers and institutional shareholders then this isn't for you.
GLA
Which at £/$1.267 is 89.5p
CEO is still buying
following transactions by Marc Bishop Lafleche, Chief Executive Officer of the Company.
From 15 Dec 2023 to 18 Dec 2023, Mr. Bishop Lafleche acquired 57,900 ordinary shares at an average approximate price of 89.01p per share.
Added at 512.75, maybe I need to stop buying as it is over 7% of my ISA but looking the unlisted investments they still hold looks low risk.
You have to imagine that some of the bulls are either Directors in MIN or close friends of the directors, there is only LSE here and ADVFN to publicly discuss AIM shares or social media like X.
Telegram always seems like an echo chamber with no dissenters allowed.
Performance comparison total return with dividends included 1, 3 & 5 years
LondonMetric Prop Ord 13.52% -3.53% 28.32%
LXI REIT -11.82% -5.71% 2.1%
LXI poor in comparison.
I have never looked at PHP, relatively happy with Assura as a steady dividend payer.
All REIT investments have been hammered in the last 2 years.
However looking at 1, 3 & 5 year returns with dividends included PHP is a clear winner;
ASSURA -16.2% -30.98% 3.45%
PRIMARY HEALTH -6.89% -21.08% 13.47%
No harm in owning both I'd say if you wanted healthcare covered.
At 1.55p still values the business market cap over £19m
With a speculative (at best) product and no income it is way over valued IMHO
I might buy some below 1p for a pop when next "news" is released but I'd selling at 2p
If you wanted to invest in BTC I'd use a better proxy, something like Microstrategy maybe!
GLA
I think it would be an all share offer as LMP is £2B and LXI is £1.7B so almost a merger of equals.
GLA