Advance Energy Share Discussion Threads

[sweet karolina2] 07/10/2022 09:24

Provide the link to the latest rules then.

[oilbuy] 07/10/2022 08:09

August 2016Rules have changed since then.

[the chairman elect] 07/10/2022 06:50

You are of course correct oilbuy and the well known de-ramping shorting c8nt of a TROLL is yet again wrong!

[sweet karolina2] 07/10/2022 06:42

Provide a link to an authoratative source that says Premium and Standard list have a minimum MCap requirement of anything other than £700k.

[oilbuy] 07/10/2022 06:06

You are wrong with your facts !

[sweet karolina2] 06/10/2022 14:28

Minimum MCap requirement for main market Premium and Standard lists is the same and is £700k. The High Growth Segment is £30M

AIM has a number of requirements that are higher than (sub)Standard list.

It is all very well explained with links to authoratative sources here

[oilbuy] 06/10/2022 07:08

I can answer your questionStandard list / main market must be 30M capAim must be 10M cap

[sweet karolina2] 04/10/2022 16:43

You will be glad you did not keep a bit more. I have not been able to find a single example of an AIM Rule 15 shell successfully achieving an RTO in the past 2.5 years (ie since COVID). CCAP was still hopeful of doing one, even though it delisted from AIM when it hit the 12 month point. The company that was intending to use the shell has pulled out and done an IPO instead.

You have to ask why would a company RTO, when it can IPO on AIM much more cleanly for £500k or the (sub)Standard List for about £200k. There are some benefits when the shell has quite a bit of cash in it, but that is not the case with ADV. There will be no cash left after readmission costs.

5p without a massive consolidation would be more amazing than the virgin birth.

[sweet karolina2] 04/10/2022 16:29

So of the 5 examples of AIM rule 15 shells since COVID, 4 are now almost certain 0p with CCAP's RTO falling through as the target goes for a much cleaner IPO instead.

Only SPC remains but there are delays after delays all of which are burning the cash that remains (SPC had quite a bit of cash at the start). I do hope SPC does come off then we can see what is being paid for shells, though SPC was delisted from AIM and is looking to relist on (sub)Standard List not AIM.

[hms687] 04/10/2022 16:19

I were t following blindly. First pointed in direction by brokers and then did the mist substantial research. Buffalo was supposed to have been almost guaranteed a success- not my words but the then CEO
Tbh I’d written it all off but kept just a little bit in. Now I’m actually hoping I’d kept a bit more.

But all would still be amazing if share price proper lifted to about 5p as it once was

[sweet karolina2] 04/10/2022 16:01

HMS687,

5p would value a dirty very little cash shell at £75M, 25p would value it at £375M.

If there is an RTO at all, there will be a consolidation. Post 100 to 1 consolidation 5p is certainly possible.

It is all acedemic now, the shares are suspended and you will just have to wait and see exactly how much money you have lost blindly gambling on misinformation put out by people like TCE.

If you want to understand how it does work in the real world all the info you need is here If you don't want to know and want to continue kidding yourself that's fine too.

[the chairman elect] 04/10/2022 07:00

That is my share price target but from reading your post again you state "any wild guesses" so on that basis the share price could potentially go as high as 25p+

[hms687] 04/10/2022 05:47

Any wild guesses how high this could now go following the rto ?

[maytrees] 29/9/2022 10:14

Sorry to hear that King Suarez
My own holding is obviously more recent.

[maytrees] 29/9/2022 10:01

At least the current suspension means that the share price has not (yet!)suffered the huge falls seen elsewhere.

[shanew48] 23/9/2022 12:19

From LSE today:

“Rkh RNS today. Navitas having UK subsidiary. Isral always thinks it's in Europe(song contest) RTO target? Boom banger bang! (UK song ofcourse, but whatever”

Could it be Rockhopper? Looking like it may well be! Wow!

[shanew48] 19/9/2022 20:12

I will happily wait a couple of years for a 50-100 bag return, no problem.

[theonewhoknows2] 19/9/2022 13:13

give it a couple of years

[shanew48] 19/9/2022 11:48

I thought they stated that it would be between the date of suspension and October 29th? That means that that the RTO will be finalised or not between those dates so we will know before November either way

[the chairman elect] 16/9/2022 14:25

Potentially November so circa 2 months - AIMHO / DYOR

[the chairman elect] 16/9/2022 13:51

Extremely difficult to predict timings reference AIM admission documents!

[maytrees] 15/9/2022 11:27

Helpful to have the company's comment on when the suspension would be lifted:

"The Company's shares were temporarily suspended from trading on AIM this morning and will remain so until Advance is in a position to publish the associated AIM Admission Document for the Potential Acquisition. In the event that the Potential Acquisition does not proceed for whatever reason, it is expected that the temporary suspension in the Company's shares would be lifted."