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Where we are today ( Note cash we can access in listed value )
Invested Shares Price Loan Notes Value
Dev Clever 72300000 £0.27 £19,521,000.00 Suspended
AAA 24000000 £0.04 £984,000.00 Suspended
Audioboom 145,700 £4.35 £633,795.00 Listed
Magic Media £1,491,768 £1,491,768.00
Magic Media 1,646,682 £1,902,155.00 Not Listed
Simplestream Limited 9,943 £835,212.00 Not Listed
Simplestream Limited £21,000 £21,000.00
SeeQuestor 114,586 £1,308,023.00 Not Listed
Sparkledun Limited 8307 £493,851.00 Not Listed
Gfinity 8,148,954 £0.00540 £44,004.35 Listed
Low6 6,612 £119,993.00 Not Listed
Zeelo 1,220,000 £301,850.00 Not Listed
Warrants
Dev Clever 35 million £0.25
Total £27,656,651.35
Listed £677,799.35
Note Listed £6,452,852.00
Suspended £20,505,000.00
They still have Dev shares but problem is can not trade until shares are relisted , it does appear that the £3 million went to DEV. Why put 70% of your investment in one company.
Anyway agree its worth more will look at each investment and list values.
Just to add in half year accounts this company had £3.1 million in cash & since there have been no more investments in that period then minus admin should still expect around £3 million cash held.
There have been multiple warrants issued which adds to the admin cost in a positive light.
Also DEV if unlisted still has value as ASLR is the forth biggest investor see below.
Veative Labs Pte. Ltd 225,000,000 £67.5m 0% no data
17.94%
Christopher Jeffries 152,114,069 £45.6m 0% no data
10.5%
David von Rosen 89,000,000 £26.7m 0% no data
8.53%
Asimilar Group Plc 72,300,000 £21.7m 0% no data
5.96%
Jarvis Securities plc, Asset Management Arm 50,510,278 £15.2m 0% 0.95%
5.36%
Christopher Akers 45,435,000 £13.6m 0% no data
1.74%
HSBC Global Asset Management (UK) Limited 14,774,227 £4.4m -6.21% no data
1.33%
Nicholas Abdo Ydlibi 11,250,000 £3.4m 800% no data
1.25%
M. D. Barnard & Co. Ltd., Asset Management Arm 10,632,561 £3.2m 0% 3.58%
1.19%
Brewin Dolphin Wealth Management Limited 10,085,000 £3.0m 5.22% 0.16%
1.09%
HBOS Investment Fund Managers Limited 9,276,083 £2.8m 0% 0.03%
0.94%
Citigroup Inc.,Banking and Securities Investments 8,000,000 £2.4m 0% no data
0.9%
IG Group Holdings Plc, Asset Management Arm 7,617,709 £2.3m 841.95% 0.26%
0.9%
Barclays Bank PLC, Securities Investments 7,591,214 £2.3m 0% 0.01%
0.68%
Barclays Bank PLC, Wealth and Investment Management Division 5,789,161 £1.7m 0% 0.02%
0.47%
The Royal Bank Of Scotland plc, Asset Management Arm 3,950,800 £1.2m 0% 0.1%
0.46%
Rowan Dartington & Co. Ltd., Asset Management Arm 3,898,284 £1.2m 53.09% 0.13%
0.43%
Credit Suisse, Investment Banking and Securities Investments 3,665,340 £1.1m 0% no data
0.42%
Investec Wealth & Investment Limited 3,593,000 £1.1m 0% 0.01%
0.41%
State Street Global Advisors, Inc. 3,498,648 £1.0m 0% no data
0.4%
Charles Stanley & Co. Ltd, Asset Management Arm 3,348,627 £1.0m 0% 0.01%
0.36%
A J Bell Holdings Limited, Asset Management Arm 3,071,611 £921.5k 0% 0.01%
0.33%
Global Prime Partners Ltd, Asset Management Arm 2,834,804 £850.4k 0% 0.33%
0.24%
Neue Bank Ag, Asset Management Arm 2,000,000 £600.0k 0% 0.73%
0.23%
Killik Asset Management 1,989,345 £596.8k 0% 0.03%
Sorry Sanilbel its listed on LSE main market my bad , still the rules are even tighter then Aim ones.
Still has to have a vote one that can not see achieve the votes needed.
Below are main shareholders - note the first top two will vote to delist
26.54%
Veative Labs Pte. Ltd 225,000,000 £67.5m 0% no data
17.94%
Christopher Jeffries 152,114,069 £45.6m 0% no data
10.5%
David von Rosen 89,000,000 £26.7m 0% no data
8.53%
Asimilar Group Plc 72,300,000 £21.7m 0% no data
5.96%
Jarvis Securities plc, Asset Management Arm 50,510,278 £15.2m 0% 0.95%
5.36%
Christopher Akers 45,435,000 £13.6m 0% no data
1.74%
HSBC Global Asset Management (UK) Limited 14,774,227 £4.4m -6.21% no data
1.33%
Nicholas Abdo Ydlibi 11,250,000 £3.4m 800% no data
1.25%
M. D. Barnard & Co. Ltd., Asset Management Arm 10,632,561 £3.2m 0% 3.58%
1.19%
Brewin Dolphin Wealth Management Limited 10,085,000 £3.0m 5.22% 0.16%
1.09%
HBOS Investment Fund Managers Limited 9,276,083 £2.8m 0% 0.03%
0.94%
Citigroup Inc.,Banking and Securities Investments 8,000,000 £2.4m 0% no data
0.9%
IG Group Holdings Plc, Asset Management Arm 7,617,709 £2.3m 841.95% 0.26%
0.9%
Barclays Bank PLC, Securities Investments 7,591,214 £2.3m 0% 0.01%
0.68%
Barclays Bank PLC, Wealth and Investment Management Division 5,789,161 £1.7m 0% 0.02%
0.47%
The Royal Bank Of Scotland plc, Asset Management Arm 3,950,800 £1.2m 0% 0.1%
0.46%
Rowan Dartington & Co. Ltd., Asset Management Arm 3,898,284 £1.2m 53.09% 0.13%
0.43%
Credit Suisse, Investment Banking and Securities Investments 3,665,340 £1.1m 0% no data
0.42%
Investec Wealth & Investment Limited 3,593,000 £1.1m 0% 0.01%
0.41%
State Street Global Advisors, Inc. 3,498,648 £1.0m 0% no data
0.4%
Charles Stanley & Co. Ltd, Asset Management Arm 3,348,627 £1.0m 0% 0.01%
0.36%
A J Bell Holdings Limited, Asset Management Arm 3,071,611 £921.5k 0% 0.01%
0.33%
Global Prime Partners Ltd, Asset Management Arm 2,834,804 £850.4k 0% 0.33%
0.24%
Neue Bank Ag, Asset Management Arm 2,000,000 £600.0k 0% 0.73%
0.23%
Killik Asset Management 1,989,345 £596.8k 0% 0.03%
Expected timetable of principal events
Under the Listing Rules, as a Standard List Company, the Cancellation can be effected without securing
approval of shareholders at a general meeting
Under the London Stock Exchange's admission and disclosure standards, Dev Clever must advise the
London Stock Exchange of the Cancellation not less than 20 Business Days before the date it intends
trading in the DevClever Shares to be discontinued.
It is therefore anticipated that the Cancellation will take effect 20 Business Days following the making
of the application on or around 18 January 2023.
Key dates:
Expected date of cancellation of listing and trading on the main market 18 January 2023
Notes:
1. References to times in this announcement are to London time unless otherwise stated.
2. If any of the above times and/or dates change, the revised times and/or dates will be notified
to Shareholders by an announcement through a regulatory information service recognised
by the London Stock Exchange.
Expected timetable of principal events
Under the Listing Rules, as a Standard List Company, the Cancellation can be effected without securing
approval of shareholders at a general meeting
Under the London Stock Exchange's admission and disclosure standards, Dev Clever must advise the
London Stock Exchange of the Cancellation not less than 20 Business Days before the date it intends
trading in the DevClever Shares to be discontinued.
It is therefore anticipated that the Cancellation will take effect 20 Business Days following the making
of the application on or around 18 January 2023.
Key dates:
Expected date of cancellation of listing and trading on the main market 18 January 2023
Notes:
1. References to times in this announcement are to London time unless otherwise stated.
2. If any of the above times and/or dates change, the revised times and/or dates will be notified
to Shareholders by an announcement through a regulatory information service recognised
by the London Stock Exchange.
Shareholders still have to vote on the delisting , believe this to be 75% as per Aim rules.
So will be interesting on the vote.
Do believe we are very close to breakeven , if we hear a turnover of $8 million then that would be a great year.
Of course if this is exceeded then all the better.
So been look at what ITX dominate at present - this is not based on sales but global products
Shampoo & Hair dye - only problem is a small amount of ITX ingredient's makes up these products but high margins.
Detergents is our main earner in 2022 but not scratching the global sales followed by dishwasher tablets which was no 1 in 2021
Of course this is from the research of products found
2023 going to be a interesting year for Block energy more M&A deals and new wells drilled
On another note on ADVFN see below implies we have two rigs
"Thordon,last week’s RNS stated “ Unswept oil in the field will be initially targeted by low-cost drilling techniques using the Company's recently upgraded A-80 service rig for an initial well-deepening programme across the field (with average costs per deepening operation anticipated to be in the USD 100k region).”
Other news releases have referred to having a work over rig too."
https://www.target.com/p/auto-dish-lemon-38-mint-12-7oz-20ct-everspring-8482/-/A-77678355
Merry Christmas
Looking Good Mick2020 , hope all goes well
If you win you need to vote on the Directors as not acting in best interest og Wentworth , the money spent on nothing.
Millions each year on admin , for a shareholder is beyond words.
Covid may have been a blessing or not , but the change to the way we communicate is transferring to cloud base.
The same restrictions are in place for licence communication which puts Loopup in top ten company's , the problem is was it too late in conversion and if they managed a turnround ( Profit ).
It a hard one , as would invest more but the only delay is the management communication and failed buyouts conversion to profit.
When you look at the facts we are drilling at no cost of dilution and manage several increases in wells from existing to 3 wells new wells producing this year ( two minor + medium well ).
Also to add a $3 million 50% stake in one gas field for 2D surveys , that implies a value of the same if field sold for other 50%.
Good Luck Happy Merry Christmas
The real value will be the results and the true value after this survey.