Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Lesson learnt. I will just save anything which takes more than a minute to write.
Too many valueless abusive posts on this board which literally contain zero content . It really does limit the value of this BB and put people off from actually reading to find the odd useful perspective.
This was shared on Telegram earlier. …..
Luxembourg-based OPM buys RegTech Open Project minority from The AvantGarde Group
Valentina Magriby Valentina Magri 17 December 2021 in Fintech, Company
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Alessandro Zamboni
The Luxembourg holding OPM SA has acquired a minority of the company RegTech Open Project. The stake was sold by the majority shareholder The AvantGarde Group, an Italian consulting company in the digital transformation of companies wholly owned by the CEO Alessandro Zamboni, through the 100% controlled vehicle 1AF2 Ltd (see the press release here). Linklaters assisted OPM in the transaction, while the seller was followed by Sinopoli & Partners.
RegTech Open Project, based in Milan, is active in regulation technology (hence the name RegTech). The company deals with the application of innovative procedures, developed through a platform inspired by the open banking paradigm. The company is establishing itself as a leader in its sector thanks to a proprietary technology, developed to best meet the needs of customers.
We remind you that TheAvantGarde Group holds 38.9% of Supply @ Me Capital plc, a scaleup fintech listed in London since March 2020, led by Zamboni himself and active in the enhancement of the warehouse of industrial companies (inventory monetization). The shareholders of Supply @ Me include, with just under 10%, Eight Capital Partners plc, a British investor in private equity and private debt, which, according to BeBeez, also subscribed 40 million euros of the bond issued in last September and worth 61 million euros (see another article by BeBeez). The proceeds from the issue were used to consolidate The AvantGarde's shareholding in Supply @ Me, in light of its growth, perhaps also taking advantage of the decline in the City stock.
Supply @ Me Capital had announced in October 2020 that it was working on a partnership with a European bank that could act as an investor in all the securitisations that Supply @ Me will gradually bring to the market (see another article by BeBeez). The operation involves the acquisition of the bank itself by the controlling shareholders of Supply @ Me together with an alternative fund, which at the end of 2020 was known to be the Industry 4.0 fund managed by Quadrivio Group (see another article by BeBeez) .
According to plans, the target bank should commit to disburse up to € 8 billion over 5 years to finance all the international initiatives of Supply @ Me, which is expanding its business from Italy to the United Kingdom and the Middle East, to then also arrive in the USA. To this end, Quadrivio undertook to recapitalize the bank, once it has obtained the authorization to purchase it from the supervisory authorities.
DS everyone is entitled to their opinion, I am just trying to understand what your opinion is.
Mine is that DEMIR did their due diligence and looked at every one of these basic points as is normal in due diligence. The terms of the JV are advantageous to CGNR. If they had discovered material risk in the project (obviously there is always some level of risk) the JV terms would have been not as lucrative as they are.
I am basing my investment on the backing from DEMIR which should be signed and sealed once we have the EGM on the 22nd. I am also making an assumption that based on the current MCAP there is material upside here.
Again, I am not sure what your opinion is? If it is that DEMIR have not done basic due diligence, then just say that….
Clearly some level of scepticism exists in the market. This is not at a price that reflects the expectation for the 22nd and the JV agreement.
That’s said, this could flip very quickly. Not the biggest free float and some sustained buying pressure can move this quickly catching out people on the sidelines. It is going to be an interesting run up the EGM.
As mentioned by Wiseinvestor.
https://twitter.com/roastpr/status/1468559779475959816?s=21
Oh my goodness. I can’t believe that the DS thread has dominated the board. I assume this was his aim, so mission accomplished.
There are more than enough links to the many interviews and articles and RNS. Draw your own conclusions as this back and forth is going no where.
Personally, I would rather listen to the Chairman of the company rather than a faceless poster on a BB. I won’t be engaging with him any more as our views on the prospects of the company clearly differ and I don’t have the desire, time or inclination to try and change his views. At the end of the day, each to their own.
DYOR plenty of official news threads out there.
Same as usual from Death. I am just pleased i ignored the negativity at 20p and bought more.....
60+ negative posts on just one single share? interesting pattern.
As always DYOR, read RNS, listen to interviews and draw your own conclusions.
40p is the new 30p!
As with 30p it will be broken when profits are finished being taken. Volume is strong as is buying pressure.
After that 50p will be the new 40p.
Wet signature could land any day which will create additional pressure.
Facts have been clearly shared on this board, DYOR and decide what a fair Mcap is post EGM.
GLA