Member Info for SlowRoll

SPACs as large “boxes of money, that necessitate a much lower level of diligence than a similarly sized IPO of an operating entity, since there are no financial statements to scrutinise".
Now that traditional IPOs are relatively fewer, investors have flocked to SPACs, in the hope of hitting upon the next Tesla (TSLA), or PayPal (PYPL). With this increased demand, existing sponsors have raised greater amounts. For example, Chamath Palihapitiya’s Social Capital Hedosophia’s first two SPACs acquired Virgin Galactic and Opendoor. He has since launched three more SPACs.
The true value of SPACs rest in the companies they acquire, and that's the main draw for retail investors. But you need to weigh this potential against the costs and risks associated with the convenience of SPACs afforded to other people.

SPACs are large “boxes of money, that necessitate a much lower level of diligence than a similarly sized IPO of an operating entity, since there are no financial statements to scrutinise".
Now that traditional IPOs are relatively fewer, investors have flocked to SPACs, in the hope of hitting upon the next Tesla (TSLA), or PayPal (PYPL). With this increased demand, existing sponsors have raised greater amounts. For example, Chamath Palihapitiya’s Social Capital Hedosophia’s first two SPACs acquired Virgin Galactic and Opendoor. He has since launched three more SPACs.
The true value of SPACs rest in the companies they acquire, and that's the main draw for retail investors. But you need to weigh this potential against the costs and risks associated with the convenience of SPACs afforded to other people.

FTX has just completed another funding round that values it at a whopping $32 billion — and CEO Sam Bankman-Fried says he expects no ‘long-term crypto winter’

Thanks for that snippet chilling. Could bode well!

Don't forget Jim's son Mark also a fund manager....chip off the old block?

Is the onus on the company to tell us asap if progress is NOT as good as declared by the laughing prof et al. ie the tests are not as good as expected and there are no longer 70 suitors running their rulers over Paraytec?

If not back then in their sphere of influence. Not unreasonable...just look at the map!

I had this kind reply from Trek on the IQAI board .....his thoughts on How.
" I only have a small position there now. I will be buying after they place. They need imo around 12.5m. I posted the data a while back.

The shallow horizons RNS was a bit rampy. If you are in around 10’s sit tight. I expect to place again soon at ten. That gives the insti’s another chance to flip.

They need to drill the Karoo again. Rest is a sideshow imo.

Sky is still the limit though. Look at DME.cve and ZAC.JSE for a read across.

Note though that the demand for He has been knocked by the pandemic."

Thanks for you detailed reply Trek. Yes my average is around 10 and I look to the future with eager anticipation. As I also do here. Just for your interest I'm trying to get my head round this! https://yop.finance/wp-content/uploads/2022/01/YOP_Whitepaper_final.pdf

Spot on Adele. Really appreciate your posts and Cathy Wood agrees with you. She talks recession and deflation being good for innovation as companies strive to get the edge. Personally I foolishly derisked at 60p on the way up.. still one of my best investments over a few years. GLA.

Not as user friendly as ragnarr but any way here's a link to another paper on DEFI. Quite interesting. Defi is coming and I hope our fortunes are not so closely linked to the price of BTC as some would imagine.

https://yop.finance/wp-content/uploads/2022/01/YOP_Whitepaper_final.pdf

I was foolish enough to pay 0.40p! I was also foolish enough not to average down! Still some way to go ....we were desperately oversold, still a way to go, now enjoying the rerate.GLAH.

Love a man who puts his money where his mouth is. We were at this level 3 years ago ....hold for 5p at least.

Hi Trek, sure would appreciate your take on the action over at He1. Regards.

Anyone heard what TrekMadone (£5) is up to?

I'm looking for the 1.97 of June 2017 !!!

Notice that after CS has tweeted some optimistic ideas the share rises then falls to a new low?

Great find PJAbbott!

Bit of a sell off in US. Tonight Cathy Wood's ARK funds are all down over 6% Will we be immune here?

Can Paraytec be a better test than this? ...Company should issue a response!

50-second Covid-19 test that has been designed for use in schools, airports and at entertainment events has been submitted to the UK’s medicines regulator for approval, i has learned.

The testing device, which is portable and around the size of a desktop-computer, is able to detect Covid infected particles in saliva samples in under a minute, according to distributor PPE Solutions Global.

The firm claims it can provide results comparable to a PCR test and that it could be approved by the Medicines and Healthcare products Regulatory Agency (MHRA) within weeks.

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The Virion Device developed by Kidod Science and Technology can detect Covid-19 using a saliva sample. The entire testing process, from taking the sample to getting the result, takes less than one minute.