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It’s not shareholders backs that are getting scratched. Those Alpha Blue Ocean guys are are absolute sharks.
The European High Growth Opportunities Securitization Fund were previously involved with Widecells. Sefton’s other company. European High Growth Opportunities Securitization Fund is part of Alpha Blue Ocean Advisors Ltd the directors of which are directors of .... yes you guessed it Anglo Tunisia Oil and Gas Ltd.
In effect AAOG is not receiving the funds up front but on a monthly basis and the term "Equity Share Agreement"means AAOG may benefit if the shares rise over the next 12 months as the monthly payments by EHGOS are linked to the previous 30 day VWAP. It does mean that EHGOS are likely to remain a constant seller of the shares on a monthly basis of around 9m shares a month, but they are unlikely to sell more as it is AAOG who will benefit if the share rises and EHGOS would have to cover through other funds.
On inspection I don't think that this is all bad as first assumed
In effect AAOG is not receiving the funds up front but on a monthly basis and the term "Equity Share Agreement"means AAOG may benefit if the shares rise over the next 12 months as the monthly payments by EHGOS are linked to the previous 30 day VWAP. It does mean that EHGOS are likely to remain a constant seller of the shares on a monthly basis of around 9m shares a month, but they are unlikely to sell more as it is AAOG who will benefit if the share rises and EHGOS would have to cover through other funds.
On inspection I don't think that this is all bad as first assumed
Where is that joker Iceberg. "They are the people that talked about fund raising over the last 6 months."
mpd12 - Suspended not delisted
Unless the MMs are/were short
Rules are the rules, they are very clear. If they fail to report their full year results by the end of the week. They will be suspended Monday morning. Companies usually announce in advance that this is going to happen as per RM2 today.
RM2 have done the same and will be suspended on Jul 1st
lejjb - You're wrong, Alexio is right. Failing to publish full year results 6 months since the end of the year is a breach of Rule 19 and will result in the suspension of the shares. "The Exchange will suspend AIM companies which are late in publishing their half-yearlystatement or their annual accounts"
Read for yourself
https://www.londonstockexchange.com/companies-and-advisors/aim/advisers/rules/aim-rules-for-companies.pdf
It would explain their flirtations with ROSE and the setting up of ATOG. ie. a new ship to jump to.
DS don’t have no shares
Tiptop - Not trolling, just pointing out factual discrepancies in your post. It weakens your arguement if you state inaccuracies, as people will start to wonder if everything you say is inaccurate. Which up until now they have been :)
Tiptop - SLB said it was moderate to good not very good. On the balance of their report, AAOG employed Nutech who miraculously (JB's mates) rated it as excellent.
Morningsun - Your calculating price/sales (Revenue), should be price/earnings (Net profit). On the basis of your valuation BP with annual sales of £296bn BP should be trading at £611 per share. Better upside on BP.
Morningsun - they need more than £2m
Trades are not reported as buys or sells. the transaction price relative to the mid price will determine if it shows as a buy or sell.
Whow
All bad investments are long term investments
Tilburn - If they did the price would be nearer 80p than 8p :D