Member Info for Sangijuelas1

Yeah that's Seedcamp III fund which they bought for £8.5m so a very small part of the overall portfolio.

Yeah I was looking for that and couldn't see it

For me a major positive is that they have dropped the part from last years risk mitigation strategy.

In relation to addressing public market risk they suggested that delisting would be a possible way to address this.

This has now been dropped from this year's outline of the risks.

I think it's because you pushed them about it several times on the calls Steph!

I would say the fact they say they are going to do share buy backs is quite a surprise

Yeah I was just about to post that funnily enough. BlackRock led with Molten.

I think yesterdays spike was FTSE 250 trackers buying especially towards the end of the day and today the FTSE All Share trackers will be selling it.

It didn't drop back to AIM. It was in the FTSE All share

Auction down

It was probably shorts who got wind of the demotion

Where do you think all those demented posters pumping it came from yesterday?

If they've got enough cash it's easy enough to cause a stir. I nearly fell for it at one point when it went into auction yesterday. Thankfully I kept a cool enough head to hold off buying back what I sold.

I kept thinking of the Grand Ol' Duke of York!

Probably an organised pump and dump crew trying for a squeeze or maybe the shorters themselves setting the trap.

I will wait for 360

Nice

I don't think the article is actually about buying the company. Rather they probably want to buy Iceye products/ services.

Actually I think the article is about Barzan buying Iceye products rather than buying the company itself.

It's another pump and dump unfortunately

Lebanese defence analysis website. Iceye already got big contract with Bayanat from UAE. Now Qatar showing an interest.

Likely to be objections from US and European countries reliant on Iceye satellites, I would have thought.

https://www.tacticalreport.com/daily/62759-qatar-barzan-holdings-iceye-and-acquisition-talks

If they were offering say, 3bn dollars would be a pretty big payday.

They just raised capital so would be no pressure to accept a lowball bid.

Before the last round they were still classed as a soonicorn so under 1bn valuation. It's not clear whether there was an increase on the valuation with the latest round.

Last year's revenue was 100m dollars and they could easily double that this year as their core business is selling satellites to countries, which cost a few million a time.

They have been accelerating their launch programmes due to significant demand.

Paywalled article on a Lebanese defence analysis website claims that there's a potential bid for satellite business Iceye from a company linked to the Qatari ministry of defence.

I am not sure how likely this could be to complete as a number of governments including the US rely on Iceye's satellites so there would likely be objections based on strategic interests.

Iceye US could probably be carved off though. No doubt the Qataris have the cash.

https://www.tacticalreport.com/daily/62759-qatar-barzan-holdings-iceye-and-acquisition-talks

If you look at a recent earnings call transcript all the analyst questions are about Solutions. Nothing about the Retail business.

Just when new CFCs etc