The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
thats the one! Cheers. Sure it's been mentioned on here too?
Well you put me onto it mate - way back.
Did I imagine that there was a q and a due??
Yes that's what ben in admin said... He's put mine back up..,
Why have they removed my post?!!! I've emailed them to find out.
Defo. A punt here is a no brainer... (Just realised your calling me Vanvagabond - and you to me are superchilli - as if it's the most normal thing in the world.....where do all these weird names come from!!!,)
Hello mate. I take it you've done some good research into this since your post of 1st Oct? You happy with the prospects....?
morning old bean! Just mapping my fantasy football transfers out on an excel spreadsheet - is that sad? What examples of shells do you have for RTOs on the main listing as the only historical example I could find wad pizza express years ago...,
They all have their own bugs bunny in at 50p so a line is drawn in the sand there.....ergo this only has one way to go. Up. An RTO onto the MAIN listing!!!!! Basically unheard of and someone will have to pay for the privilege.
Despite saying I wouldn't ive topped up. Don't do conspiracy theories but a fundy getting involved, doesn't matter how much they inject, Just before the life line is thrown smacks of future knowledge to me.
That's what I mean ! It's a no brainer - at least 100% by sentiment alone on news.
Up to you buddy - but I'm hoping its sooner rather than later.... It done 100% already on the initial buzz (call it pump and dump if you wish) on absolutely nothing so imagine what it may do on news.....don't forget their own skin is in the game and the level playing field was 50p I don't think any cats on here have been in on a RTO to the main listing before....correct me if I'm wrong.
A lot of people think that the target has already been established - clever BOD will know what they are doing and whom the whole thing was aimed at - and that it's still being worked on as sometimes they are time consuming. emails I've got from one of them are indicative of "soon" but we all know that's a dirty word on LSE! I'm not putting those emails up but here is the original one from Sept which would mean May as they started the ball rolling in May 2014 but it will be quicker than that I believe. -----Original Message----- From: Sent: 08 September 2014 14:23 To: Subject: Re: Query Again, thanks again xxxx!!!! My only question then is time scales but guess you can't say anything? 2014? 2015? REPLY In an ideal world within the first 12 months... Clearly we can't say with any degree of certainty at this stage though.
AIM shell examples: DUC to OPTI - 4p to circa 24p last month with much more to come VIY to NIPT - 11p to 24p with much more to come...
All buys! It's an absolutely no brainer this one - even just to top slice on the initial mad spike and have a free journey....
Hello mate, Since the original emails months back I've cut and pasted the content on here.....to make it easier to read (click on my name and look thru the posts re AUCT and it should be on there) Few more snippets but the pertinent info has been put up already - no great shakes just info re the RTO... The only thing to add was the time frame - when asked he originally said (sic) "hopefully within a year" with a point of reference being May (when the process started) but I've had revisions since from a different guy there quite high up and believe we are not very far away at all. I'll say it again, this is worth a punt of anyone's money this little bad boy!
defo thats why i said the history is indicative of this i.e. gold..... someone a while back put some good goldesque related links on....... it makes sense doesnt it. and if the AU does turn out to be a subtle pun then they have far too much time on their hands! the only example i can find of an RTO into the main listing is Pizza Express. this has now gone and was sold for nigh on a billion....obviously that has no bearing on anything ! defo worth a punt.
The Latin Word Auctus has many meanings, mainly: growth, enlargement, increase. Think the link to gold is just coincidence... But the history is indicative of this... Yes the name will disappear and a new entity will pheonix... Was listening to Dr Little talk about the RTO into a shell for NIPT and he admitted how surprised he was at the time and apparent complexity - that was for AIM so imagine what this has been like... The hints ive been getting are soon... But soon and imminence are dirty words on this LSE...!!! Worth a punt of anyone's money this one...
the basic fact is that companies want to get onto the main listing - look at QPP busting a gut and then failing miserably and the problems that followed this failure. With AUCT we have a shell that will facilitate a company to instantly benefit from the prestige of being main listed without the financial, legislative and administrative nightmare involved. The only comparison is WRN... ANSWER 1: Good morning XXX Thank you for your email and for your interest & investment in Auctus Growth plc ('Auctus'). Firstly you are correct, Auctus is listed on the main market of the London Stock Exchange as a standard listing. We incorporated the company during May this year and have spent the past four months raising funds and working with the listing authority (FCA) in the build up to the IPO on 22 August 2014. As it stands Auctus is a cash shell funded with GBP 1.22m as at the date of the IPO (of which GBP 250k was invested by the Auctus founders). The plan going forward is to seek out an attractive private company or business which the board view as a high quality growth opportunity. In terms of the type of opportunity Auctus is not limited to any sector nor does it have any have any geographic constraints which gives the board flexibility in deal selection. Once the target has been selected Auctus will likely conduct a reverse takeover transaction. http://en.wikipedia.org/wiki/Reverse_takeover Whilst seeking out the target company or business Auctus will be operating on a very conservative cost base, the directors are paid a nominal fee per annum and all other costs will be kept to an absolute minimum. The intention being to align our interests with that of the company's shareholders and look to benefit from future gains in the company's share price. The company's website has a little more information on the people behind Auctus, the prospectus and market announcements as a reference point which may be of interest to you. http://www.auctusgrowthplc.co.uk/ If you have any other questions please let me know. The cost / speed to market is certainly a factor, also the listing process isn't entirely straightforward so we've removed the headache of understanding the process, dealing with the regulator, sourcing service providers & negotiating fees for those services etc. I hope this helps and feel free to email anytime.
The ONLY thing that can and will happen is that it will go very unusual!