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We will have the RNS to confirm £40mill securitisation to be listed (Cell already authorised on 28th April! https://www.mfsa.mt/financial-services-register/result/?id=16207)
RNS for £60mill securitisation to be submitted on 31 May.
Possible mention of their blockchain purchase ledger technology to come in a coming RNS;
https://www.r3.com/blockchain-101/
https://costsbarrister.co.uk/litigation-funding/crypto-tokens-and-litigation-funding/
News of sought securitisations outside of litigation funding!
Rob Cooper Group CEO confirmed to join the Vox Midweek Roast podcast to give an in depth talk about the company once the £40mill listing RNS has dropped.
Reporting profits:
https://www.mortgageintroducer.com/me-group-400-increase-profit-before-tax/
Very small float of just 40mill shares in public hands of which over 20mill are account for in the diamond hands Forbes Ventueres telegram group below:
https://**************IWR7QS4Suew2ZmZk for telegram group
20th May 2021
This announcement contains inside information as defined under the Market Abuse
Regulations n. 596/2014
Cadogan Petroleum Plc
("Cadogan" or the "Company")
CEO Dealings - Market Share Purchase
Cadogan Petroleum plc ("Cadogan" or the "Company") today announces that its
CEO, Mr. Fady Khallouf, has purchased on 18 May 2021 and 19 May 2021, a total
of 1,088,424 ordinary shares of £0.03 each, in the capital of the Company, on
the London Stock Exchange at a price of £0.042 each.
Following this purchase Mr Fady Khallouf holds in total 9,425,455 shares
representing 3.86 % of the Company.
About
Cadogan is an independent, diversified oil and gas company, which operates
exploration and production licenses in Western Ukraine, conducts gas trading
operations, and provides services to E&P companies.
For further information, please contact:
Cadogan Petroleum plc
Fady Khallouf Chief Executive Officer
fady.khallouf@cadoganpetroleum.com
Ben Harber Company Secretary +44 0207
264 4366
Appendix
The notification detailed above and summarised in the table below is made in
accordance with the requirements of the EU Market Abuse Regulations as follows:
Fady Khallouf, CEO purchased 988,424 shares at £0.042 per share on 18 May 2021
and 100,000 shares at £0.042 per share on 19 May 2021.
1. Details of PDMR/ person closely associated with them ('PCA')
a) Name Fady Khallouf
2. Reason for the notification
a) Position/status Chief Executive Officer
b) Initial notification / Initial notification of purchase of shares
Amendment
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Cadogan Petroleum plc
b) LEI 213800JIBKL29FAK1213
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Description of the Ordinary shares of 3 pence each
financial instrument, type
of instrument
Identification code GB00B12WC938
b) Nature of the transaction Purchase of ordinary shares
c) Price(s) and volume(s) Price(s)
Volume(s)
£0.042
988,424
£
0.042
100,000
Aggregated information
- Aggregated volume 1,088,424
- Price £0.042
e) Date of the transaction 18 May 2021 and 19 May 2021
f) Place of the transaction XLON
Delacey. Think you need to get with the times, the time you spoke of was at 0.6 and it rose and still ended the day above 100%. Now we have 100x more PIs and support levels being created at every whole penny mark more or less.
You say nothing set in stone but the following is:
Forbes cell AUTHORISED
Forbes cell updated to NOTIFIED
Forbes to submit £60m securitisation in 12 days
Facts!
Fact they are looking for securitisations outside of litigation.
Fact they use blockchain technology.
Delacey. Think you need to get with the times, the time you spoke of was at 0.6 and it rose and still ended the day above 100%. Now we have 100x more PIs and support levels being created at every whole penny mark more or less.
You say nothing set in stone but the following is:
Forbes cell AUTHORISED
Forbes cell updated to NOTIFIED
Forbes to submit £60m securitisation in 12 days
Facts!
Fact they are looking for securitisations outside of litigation.
Fact they use blockchain technology.
Quite a silly move really. All you're doing is reducing profit rather than reducing risk.
We know for FACT the MSFA have AUTHORISED the cell and just last week moved it to NOTIFIED meaning all that's left for the £40mill listing to complete is a response from Forbes.
We know for a FACT the £60mill is being SUBMITTED in 2 weeks.
Why anyone would sell any shares at all before the RNS drops for these is beyond me nevermind any possible inclusion of SECURITISATIONS OUTSIDE of litigation plus any mention of their BLOCKCHAIN technology.
Final steps comlete at the Malta Exchange end. Status has changed from AUTHORISED to NOTIFIED
https://www.mfsa.mt/financial-services-register/result/?id=16207
Now it's just a case of Forbes signing the final agreements and it's done and dusted. Friday RNS?!?!
After this £40mill listing then we've still got:
£60mill securitisation to be submitted in 2 weeks time.
Possible mention of their blockchain purchase ledger technology to come in a coming RNS;
https://www.r3.com/blockchain-101/
https://costsbarrister.co.uk/litigation-funding/crypto-tokens-and-litigation-funding/
News of sought securitisations outside of litigation funding!
Rob Cooper Group CEO confirmed to join the Vox Midweek Roast podcast to give an in depth talk about the company once the £40mill listing RNS has dropped. Could be next week?!?
Reporting profits:
https://www.mortgageintroducer.com/me-group-400-increase-profit-before-tax/
Very small float of just 40mill shares in public hands of which over 20mill are account for in the diamond hands Forbes Ventueres telegram group below:
https://**************IWR7QS4Suew2ZmZk for telegram group
Hear more about Forbes on most recent Vox Roast podcast 2 mins in at https://www.**********.co.uk/articles/new-article-f61c208/
Still awaiting:
RNS to confirm £40mill securitisation to be listed (Cell already authorised on 28th April! https://www.mfsa.mt/financial-services-register/result/?id=16207)
£60mill securitisation to be submitted in next 3 weeks.
Possible mention of their blockchain purchase ledger technology to come in a coming RNS;
https://www.r3.com/blockchain-101/
https://costsbarrister.co.uk/litigation-funding/crypto-tokens-and-litigation-funding/
News of sought securitisations outside of litigation funding!
Rob Cooper Group CEO confirmed to join the Vox Midweek Roast podcast to give an in depth talk about the company once the £40mill listing RNS has dropped.
Reporting profits:
https://www.mortgageintroducer.com/me-group-400-increase-profit-before-tax/
Very small float of just 40mill shares in public hands of which over 20mill are account for in the diamond hands Forbes Ventueres telegram group below:
https://**************IWR7QS4Suew2ZmZk for telegram group
Hear more about Forbes on most recent Vox Roast podcast 2 mins in at https://www.**********.co.uk/articles/new-article-f61c208/
The latest one is here https://audioboom.com/posts/7861562-zakstraderscafe-may-9-sunday-roast
Just sharing my findings:
ME Group have announced their blockchain technology. Imagine blockchain is mentioned in the coming RNS wow;
The ME Group has devised their own distributed ledger technology which will be used in some way with the securitisations. https://www.r3.com/blockchain-101/
For those interested syme are mentioned
https://www.**********.co.uk/articles/new-article-f61c208/
Also there is plenty more than just securitisations.
There is distribution ledger blockchain technology, artificial intelligence for case management and more securitisations outside of litigation.
Could be 20p plus EASY
Forbes discussed at the start here
https://audioboom.com/posts/7861562-zakstraderscafe-may-9-sunday-roast
Vox has a big audience so should be a big Monday rise
#FOR those who like SYME and fintech securitisation then look no further than Forbes Ventures.
Forbes Ventures (FOR:PL) much like Syme but for Litigation funding securitisation.
Litigation funding facilitates large scale consumer access to dispute resolution. Their litigation funding enables consumers, many of whom are financially vulnerable, to gain redress in complex legal matters. The platform enables a full audit of case due diligence, management and security, and credit risk is in part managed using proprietary technology.
£10m mcap with £40mill listing now CONFIRMED on Malta Exchange with another £60mill to be added in just 4 weeks time!!
Basically the company is significantly undervalued at just a £10m mcap with similar fintechs like SYME at £165m and only sligthly more than twice the revenues of Forbes Ventures!
True value of Forbes with the £100mill total listing compared to Syme would see an SP of 10-20p (on recent Syme volatility).
ME Group own 60% of the stock and free float is very tight here so I expect it to move very quickly.
Low free float (6.4%):
- % held in sticky hands = 93.6% (90.5% non-public + 3.2% known public)
- Free float (not in sticky hands) = 6.4%
She moves quick on tiny volume - so get in before the RNS let's the rest of the world know of the below.
https://www.mfsa.mt/financial-services-register/result/?id=16207
https://**************IWR7QS4Suew2ZmZk for telegram group
All the past RNSs have been on a Friday. Will there be one this afternoon do you think?