Riverfort Global Opportu... Share Discussion Threads

[actybod] 18/3/2021 14:53

Nice to see activity picking up even compared to a month ago!Ticking along nicely.

[babbler] 17/3/2021 22:12

You should be more interested in their kod Warren's they just banked.

[aylesone] 17/3/2021 21:54

How many warrants do RGO have in DVRG?

[onehanded] 17/3/2021 07:27

good news today for those warrants for Deepverge DVRG that Riverfort hold, as mega news for Deepverge DVRG today a 60 second test for covid in a breath test and 40 other conditions.....

[the yard] 17/3/2021 07:26

Looks like our stake in DVRG is going to do well, think we have them at 24p. Watch this space.

[outspan] 16/3/2021 23:35

Hmmm, thanks pinkpudycat, very sorry to hear that. Food for thought! No way I'm selling any of these so I'll still be holding at the time of transfer which means challenges clearly loom unless perhaps I take pre-emptive action.

I'll likely take it one step at a time and once I get formal notification and detail from EQI will challenge them to tell me how my RGO will be traded if my account is one of those to be transferred to ii.

If EQI do not have a solution and propose to leave me in limbo by transferring my account anyway, thereby leaving me unable to trade a major holding in my portfolio, the Financial Regulator will most certainly be hearing from me. That's before my account even gets to ii so we'll see who blinks first! Going to be a fun Summer!

Thanks again. Good luck with getting your own stuff resolved.

[pinkpudycat] 16/3/2021 23:02

Outspan, ii are useless, our corporate account moved to them from the Share Centre a few weeks ago and since then trading has been suspended however they cannot resolve the situation, we have raised two complaints and await an update however in the meantime we are still unable to trade, thank goodness we have other accounts with Barclays.

[outspan] 16/3/2021 19:45

Needs sorting, I feel sorry for those affected and by the Summer I may well become one of them given that EQI has apparently sold out to ii. RGO is not an investment fund and is as much a retail share as anything else. Neither is it offshore. I think the confusion is that some brokers mistakenly confuse it with Riverfort Global Capital or Riverfort Global Opportunities PCC registered in Gibraltar.

This version of Riverfort is indeed indirectly related to the others but, unlike the others, is an independent listed company on AIM. It is an English Company registered at Companies House, since 1932 in fact, having previously been known as Paternoster Resources, Viridas and Caldwell Investments, among others before Riverfort Global Capital invested and became their Investment Adviser and hence the latest name change and the massive transformation into a quality stock since then.

All this said, under whatever name, RGO is and has always been a PLC, listed perfectly normally on the London AIM market, it is not a fund and is not offshore.

The tricky bit for some is to get their broker to realise that and to treat it normally. In order to help make things clear for certain regulations and certain brokers, the Company has even gone to the lengths of releasing a Key Information Document, despite it not actually being required for such a company as RGO but seems still to be a case of taking a horse to water but...:







Not looking forward to the battle I'll face with ii when they gain my holding and I'm sure the holdings of many others like me currently with EQI. What are they going to do about it when they realise they've become the massive nominee holder of a stock they currently don't trade? Should be fun to find out but if they don't then realise the error of their ways, they will certainly have a fight on their hands, as will EQI for creating the situation!

[tax dodge] 16/3/2021 18:12

Something to do with it not being a retail share. I phoned Lloyd's last week to ask the same question. I had to buy through HL

[analcime] 16/3/2021 17:51

Anybody any idea why Halifax Share Dealing don't allow investment in to this stock?

[actybod] 16/3/2021 09:22

Flurry of trades. Getting attention

[robsy2] 15/3/2021 13:56

Yes, it is testing the headroom on the charts in the header above!!

[actybod] 15/3/2021 08:20

Nice start to the week

[actybod] 12/3/2021 21:45

Small off the radar increments just fine with me. Good weekend all.

[the yard] 12/3/2021 12:42

That's for starters :-)

[the yard] 12/3/2021 12:41

Nice move up, think the big players have a 3p target.

[outspan] 10/3/2021 13:45

Pluto on the launch pad, prepare for blast off! RGO beginning to appear on radar screens on the back of dynamic investments and associated publicity, not least today on Twitter:

[the yard] 10/3/2021 13:26

Good for you, think they're up over 20% on the Dvrg warrants now also. Just gets better !!

[actybod] 10/3/2021 12:56

Added further too.

[the yard] 10/3/2021 12:53

Couldn't have put it better myself, re the exposure, good post.

[the yard] 10/3/2021 12:29

A nice top up this morning ?

[tommyknockers1] 04/3/2021 23:03

A very sound investment.

[actybod] 04/3/2021 21:47

Happy to be holding here. Exciting prospects.

[outspan] 04/3/2021 16:35

PIRI RNS on the same subject is a bit more forthcoming and suggests RGO will now hold approx 21.34m shares in pre-IPO Pluto for its 4.2%.

PIRI RNS also mentions what looks like a stonking warrants deal alongside this raise so strange that RGO does not mention warrants. I can't recall seeing a placing where some participants get mega warrants and others don't, so....

Thing here is that PIRI paid in a non-cash manner using 1.9m YOP tokens and a transfer of its DeTech holding to Pluto. That DeTech holding plus 4m YOP tokens cost PIRI just US$200k only a few months back. Now that US$200k holding but with only the remaining 1.9m of those YOP tokens received at the time buys 23,301,633 shares in Pluto @ 6p, the attributable cost of investment being approx £1.4m. Plus 24m warrants exercisable @ 6p, 6m vesting immediately. Nice!!

So getting back to RGO, my extrapolation of the PIRI RNS is RGO now holds approx 21.34m shares worth £1.28m @ the latest Pluto raise price of 6p but which cost them only £1m.

Plus a slug of warrants a la PIRI? We can only surmise. However, what is in no doubt is that RGO also holds 18.2% of PIRI!

Value and hidden value just get better and better here, plus 4%+ pa dividend! Happy to have a large foot in the disruptive tech/crypto arena via RGO and let others make the calls on stuff I really wouldn't want to call for myself.