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@ Daibando. Oberon hasn’t started the matched bargain service yet so perhaps a few unofficial trades have been arranged. I know that there are one or two buyers that are very keen to buy up any loose stock. Yes, I have also heard that a minimum price of $2 is expected when we re list on the Nasdaq.
I have heard on the grapevine that the grey market trading will commence within the next couple of weeks in order for the guys in the know to pick up any loose shares from the weak and desperate shareholders. Bidding will probably start around 30p and will keep rising as the stock dries up. My guess it that it will be listing on the Nasdaq but not until the Autumn. I bought Mesh shares at the very beginning and will be in this for the long term. It’s been a long waiting game however I am very confident that for those that those that are patient will be very well rewarded. Don’t give your shares away too cheaply. GLA
It more than coming back to life. 4.6 million private fund raise is definitely a vote of confidence from those in the know. And the fact that the previous owners have negotiated a better deal during the suspension probably means that deals are as good as done. I would expect to see further announcements of contracts coming soon after the 8th April. My guess it that this will get to 2p fairly quickly. Such a good space to be in right now.
GLA
The unknown trade of 28k can only be a buy other it doesn’t make sense for the SP to move up 6%. Also I just got off the phone with my broker and it’s very well bid at 15p and you can only buy 1000 shares at 19p. Looking very strong indeed, so undervalued.
More big buys today. With the seller cleared this could move very quickly back to £1.50.
20 December 2021
All Active Asset Capital Limited
('AAA' or 'the Company')
Completion of significantly increased conditional placing
Acquisition of additional AAQUA equity and new AAQUA option
Update on liquidity options for AAA shareholders
AAA is pleased to update shareholders on material progress and next steps:
Conditional placing
The conditional placing announced on 2 July 2021 was successfully completed in October at a significantly expanded level through the issuance of 356,250,000 new AAA shares at 80p per share to acquire 95,000 AAQUA B.V. ('AAQUA') ordinary shares.
AAQUA update, further acquisitions of AAQUA equity and new option
The AAQUA business continues to develop at pace with meaningful organisational presence now in Australia, Singapore, France, Belgium, Netherlands, United Kingdom, Canada, and the US. The internal minimum viable product ('MVP') was delivered on 1st December 2021, the same date that Maria Bista joined as Group COO, running the AAQUA business end-to-end. Prior to AAQUA, Maria was in a senior leadership position at Barclays Investment Bank and before that worked at Sky and Electronic Arts. In addition, it is anticipated Colin McQuade, currently a non-executive director of AAA, will be appointed to the AAQUA Board in early 2022.
In addition to the conditional placing, AAA acquired a further 50,000 new and 16,667 existing AAQUA shares by way of a share-for-************** for the issue of 187,500,000 new AAA share[1] at 80p each and the cashless conversion of 100,000,000 AAA warrants at 50p per AAA share.
In total, AAA now owns 185,917 AAQUA shares, or 32.5% of AAQUA's existing issued share capital. The AAQUA shareholding is anticipated to reduce to c.25% following AAQUA's completion of a material equity partner funding round, currently anticipated to be in Q1 2022. AAA will not be participating in that proposed funding round. Assuming the proposed AAQUA partner funding round completes, AAA will become party to an AAQUA shareholder governance arrangement whereby AAA can hold at any point in time a maximum 30% of AAQUA's equity (its 'Economic Interest') however AAA will only be able to utilise a maximum of 19.9% of its aggregate voting rights at any time. This arrangement would last for an initial ten year period, unless agreed differently between the various new parties expected to sign up to the proposed governance agreement. The Economic Interest would not affect AAA's other shareholder rights such as receipt of dividends or ability to participate in, for example, a rights issue on a pro-rata basis.
The Company currently has 1,804,662,999 shares in issue, with a further 187,500,000 new shares to be issued following the creation of the SPV described in the footnote.
In addition, AAA has secured a €240 million primary investment option allowing it to subscribe for up to an additional 60,000 AAQUA shares at €4,000 per ordinary share. This
@Pinocchio. I think you best close your short or I think you’re going to get your bum smacked. Looks to me that it’s it’s not only the directors that are building a position. And on top of that the seller seems to have cleared.
Another director buying shares. Always a good sign. Is something happening ?
Much appreciated Phil.
@ PhilGekko Yes this can off course happen but the fact that it hasn’t happened so far has worried me slightly. As I have previously stated, I decided to temporarily put my money to work else where because I predicted that the SP wasn’t going anywhere until we get the news on 0518 which I believed wasn’t going to arrive until the later part of Q1. I do want to re invest in this company as soon as I have available fund I will. However, if I am wrong and SP takes off in the meantime then I’m pleased for all the loyal long term holders. Que Sera Sera.
Now that it’s very clear that Oliviera is having to off load his stock, investors now know that the SP will not move upwards until he has finished selling. As soon as it gets around 65/66p he offloads more shares and on top of this the shorters are taking advantage. I agree with everyone that it was a very positive RNS but it made no difference. Because investors have finally realised what is going on they will not be prepared to pay more that 61/62. This in turn will mean that if he has more stock to offload he will need to lower his sell price. If anyone is looking to top I would suggest to wait a little longer.
Well I would imagine that he must have something up his sleeve hence increasing his holding. Looks like a good buy at this level.
Oliviera said thank you for the early Christmas present.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION
FOR IMMEDIATE RELEASE
MESH HOLDINGS PLC (‘MESH’)
and
ALL ACTIVE ASSET CAPITAL LIMITED (‘AAA’)
30 November 2021
Recommended all share combination by means of a Scheme of Arrangement under Part 26 of the Companies Act 2006
SCHEME OF ARRANGEMENT EFFECTIVE
MESH is pleased to announce that, further to the announcement dated 29 November 2021 that the Court has sanctioned the Scheme, the Scheme Court Order has now been delivered to the Registrar of Companies and, accordingly, the recommended combination of MESH and AAA has now become effective in accordance with its terms.
Scheme Shareholders are entitled to receive 1 AAA Share for every Scheme Share held.
Full details of the acquisition are set out in the Scheme Document published on 18 October 2021. Capitalised terms used but not otherwise defined in this announcement have the meaning given to them in the Scheme Document.
For further information please contact:
Buchanan (Financial PR)
Richard Oldworth / Chris Lane / Toto Berger T: +44 (0) 207 466 5000
This is very good news. This now means that they can complete the Sentience deal and once this is done Audioboom have intimated that they will join the party.
I’m guessing will will be trading on the Nasdaq before end of QI. This is all shaping up very nicely
@ Sang1. Well do did me a massive favour because when you mentioned Path, I looked at Path Investments and did some research. I would hardly say it is a chunk of …. I bought back in May @ .25 and they bought DG Innovate for .6. Path is expected to re list in 6 weeks at around a penny.
You also seem very distressed, you must of bought back into 4d at 80p. Surprised that you got sucked in to all the ramping
Yes Green. So you looked at the presentation
https://www.pathinvestmentsplc.com/path-acquisition-of-dg-innovate-presentation/
I’m an investor just like you and I will put my money where I believe it will work fastest. Porky has just done the same thing with his money.
I have never shorted a share, it’s not what I do. My last post is a genuine post. I honestly hope that 4d makes all the long term investors a lot of money.