Member Info for Rebs438

Not sure what news is expected here but over at WCAP...it's all to play for.

Key piece of info from the RNS last week:

"Due to the preparatory work required to meet the conditions of Labuan FSA approval, MobilityOne said it DOES NOT ANTICIPATE TO RECORD ANY REVENUE OR EARNINGS earnings from the Islamic digital banking business in 2026".

Moving on air

No quote to buy

Similar move to come in WCAP.

currently trading at a 95% discount to NAV.

WCAP will be the next to make a similar move.

It's stake in WeShop is worth £100m, yet trading at £8 mcap.

Just needs bond extending, which is a formality imho.

DYOR.

When will the market realise that the bond extension is imminent (Hawk the lender has extended previously without trouble and they are also directly invested in Weshop).

Once extended i would expect a quick run to 10p min. DYOR.

Literally everyone i have spoken to about WeShop has admitted it's a genius idea.

Nice and quiet.

Good time to buy.

Poor Ralphy - it's school holidays so expect to see a bit more of him.

John Garner new interview - https://youtu.be/U3nFQsfa0CM?si=1S9WRZCK7BT1iRQz

All resolutions passed.

This should never be down here.

- Looks like there is no longer an overhang as the SP is moving freely now.

- Twice as many buys as sells this morning.

- The DCB Holder (Hawk Investment Holdings Ltd) have a 9% direct interest in Weshop ( i don't think enough people know this).

- Hence they are incentivised to defer/postpone the DCB liability to beyond the lock-in period for Weshop (Nov '26) otherwise they will not get paid.

- Hawk have extended the DCB twice before as well, so they are an understanding and mature creditor.

- Weshop holding well above $100 on the Nasdaq

- John Garner has given a number of great interviews stateside over the past week or so including with Bloomberg lat on Friday.

- Coincidentally a huge buy at the close on Friday for $153,000 in Weshop shares bodes well for this week (we all know how small the freefloat is).

My summary:

Easy buy/accumulate at this level.

In 12 months time NAV could/should well over £150m - and the mcap will most certainly not be sub £10m!!!

2.2 paid

BOD just need to be saying the right things on Mon...'we're prioritising the DCB discussions and aim to resolve as soon as possible for the benefit of all shareholders and ensure max value is realised post lock-in'.

Yesterday's traders exiting - good riddance.

If you've sold or thinking of selling at 2p/3p/4p you really have not understood the opportunity here.

Each to their own.

RNS out.

What is the mcap at 1p anyone?

Heading back up