Member Info for tim001murphy

Shareholders get a better benefit when the company buys back it's own shares when there is such a large discount to NAV v buying other assets at NAV.

Yes... I picked up some more. Smartech might benefit (from a horrible situation) ?

https://www.esportsinsider.com/2021/12/angels-and-unicorns-top-esports-investments-2021/

I believe there is tangible information for the climb. 1.3p net asset value per accounts 30 Sep 2020. Add in Upward movement in Pluto and Pires alone, and the NAV has reached current 2.05p share price. There has been other positive newsflow e.g. Kodal; IES; COPL etc. DYOR.

Agreed. It is also worth noting that, if looking at Pluto Holding alone, Pluto represents a larger percentage of RGO's market cap, than it does for Pires. Therefore, a doubling (for example) in value of Pluto, should impact the RGO price more than PIRI. I am a great fan of PIRI other technology exposure too, but RGO also gets this (to a lesser degree) via it's PIRI holding. RGO also has Cyber security; Vanadium flow battery; gold; lithium etc exposure; and sits on valuable warrants.

Thanks Markjenn53

They have elected to take shares, instead of cash, in part payment of the loan. Typically - in these type agreements, I believe, they then sell these tranches of shares.

The £2.6m loan (RGO & YA II) to Westmister was repaid in full in Jan '21. Should mean some cash for the Balance Sheet ? I do not know what the RGO share was - probably 20-50%, going by other joint investments.

4 Jan 2021: Westminster Group PLC - Banbury, Oxfordshire-based security systems provider - Announces the full repayment of a mezzanine loan facility from Gibraltar-based investor Riverfort Global Opportunities PLC and New Jersey, US-based investor YA II PN PLC. Says all remaining convertible secured loan notes and convertible unsecured loan stock has been redeemed as of December 31, 2020. Notes the repayment of GBP2.6 million will result in an annual saving of approximately GBP300,000 in interest and fees, a "major" objective of the GBP5 million share placing completed last month.
https://www.lse.co.uk/news/WSG/in-brief-westminster-group-repays-loan-notes-and-loan-facility-v6serl4df5lyta6.html

Kodal Minerals* (LON:KOD) – Riverfort converts a further $169,385 worth of loan notes.

https://www.proactiveinvestors.co.uk/companies/news/941484/today-s-market-view---amur-minerals-arc-minerals-condor-gold-kodal-minerals-metal-tiger-and-more-941484.html

4 Feb RNS extract from RGO - "This investment in Pluto represents an exciting investment into a technology company with a focus in the fast-growing digital assets sector. RGO is keen to increase its exposure to the technology sector, it already has a significant shareholding in Pires Investments plc, the investment company listed on AIM focused on investing in next generation technology, which has increased significantly since RGO made its investments.

Whitehawk is an Australian Cyber Security company. I counted(RNS) over 13m shares. ASD 0.31 currently.

IES is Invinity Energy. Vanadium Flow Batteries. Being used for Green Energy. I counted(RNS) over 3.3m shares held at some point. Current share price is £1.45. No doubt, most of these shares are sold, but...

By looking at the Regulatory News Announcements of Australian Cyber Security company Whitehawk, it seems that RGO had over 13m shares.

You are right Xephi :). KR1 NAV €17m up now at $28.7325 DOT and $20.6715 ATOM.

Sorry for duplicated message.

By my calculation, KR1 up €14m NAV versus yesterday...DOT & ATOM

By my calculation, €14m added to KR1 NAV today v yesterday... with DOT & ATOM

Cosmos (ATOM) is flying again. Polkadot (DOT) too - two of the largest KR1 holdings