RE: Accumulation happening22 Oct 2025 18:47
Mooching , great question my thoughts below:
3% of the UPSA £1billion asset is atributed to AMG
3% = £30Million / 14.78 million shares
=£2.03 per AMG share (implied value).
The AMG Uranium asset was impaired to show zero value because of a ban in 2023, even though the ban has been lifted there is still zero value shown.
There is nothing in any RTO RNS referring to it.
In my opinion, unless there is a structured spin out agreement (for AMG shareholders only) before the RTO completion, most likely any future value gained would be shared with shareholders of the new post-RTO company.