Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Buckingham's contract was re-negotiated following his breach of AIM rules by selling during a closed period. He is now on a much lower salary with an extended probation period. I would expect to see him gone for good shortly.
Splendid news that it appears to be coming back despite what some doom mongers have suggested to the contrary.
Valuation looks way over cooked given the placing price is at a 90% discount to the suggested NAV and ultimately the SP will gravitate towards the placing price anyway, so this valuation looks like a way for the supply@ME people to retain as much of the business as possible. Anyway, interesting business and interesting sector notwithstanding the nonsensical valuation
https://media.moneyam.com/a/2020/02/1-Mobile-Streams-Nigel-Burton-v2.pdf
I contacted the company regarding an update and was referred to this mornings RNS, per this response:
Thank you for your enquiry.
This morning the Company made the following announcement which we hope will answer your question:
https://www.investegate.co.uk/abal-group-plc/rns/cancellation/202002070700052555C/
The Company will keep shareholders informed as discussions progress.
Kind regards,
Abal Group plc.
I plan to attend. Hopefully good will prevail.
Looking at the amount of money the directors have taken out of the company over the last 5 years and the corresponding share price deterioration tells you all you need to know here. Shareholders either allow this gluttony to continue unabated or they make the necessary changes to give the company the chance to survive and possibly thrive.
Yep, already had a holding prior to the presentation but increased significantly following it. The simple fact is that the majority of PI's don't know about DKE but word is beginning to spread which has resulted in the recent rise. I believe this has genuine 10 to 50 bagger potential, providing they execute on the plan.
https://pbs.twimg.com/media/EAyeJ7wXUAA024i?format=jpg&name=4096x4096
The possible RTO target https://www.supplyme.tech/ have a partnership with SIA https://www.finextra.com/pressarticle/79398/supplyme-to-launch-working-capital-platform-on-siachain
I actually think a 20 bagger may be conservative if the company deliver on anything mentioned at the recent investor presentation. Unique opportunity here imv where there is downside protection from the incoming cash from the two existing projects coupled with the potential upside where the revenue on one deal alone is worth 15 times the current market cap.