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Share Name Share Symbol Market Type Share ISIN Share Description
Agronomics Limited LSE:ANIC London Ordinary Share IM00B6QH1J21 ORD 0.0001P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.25 1.41% 18.00 17.75 18.25 18.075 17.625 17.93 698,925 15:13:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Pharmaceuticals & Biotechnology 0.0 -0.3 -1.3 - 90

Agronomics Share Discussion Threads

Showing 651 to 675 of 675 messages
Chat Pages: 27  26  25  24  23  22  21  20  19  18  17  16  Older
DateSubjectAuthorDiscuss
20/2/2021
07:05
Interesting two page article in IC this week.
dicktrade
15/2/2021
08:51
Yeah the performance fee is steepbut it's been no secret.Also I may be misunderstanding the terms but does the following: "provided the fully diluted NAV exceeds the offer price per share inthe AIM listing" not mean that there can be no fee paid if the shares are at a premium to the NAV?
ryesloan
12/2/2021
08:08
By the way, I can highly recommend Jim Mellon's brand new book - Moo's Law. It is a great read and brimming with insights and information on this burgeoning sector. If anybody wants to bring themselves up to speed with recent developments in plant-based meat and cellular agriculture - it is a tenner very well spent - and includes an address-book type snap-shot and contact details for all the key and emerging players in the plant-based and cell-ag foodtech sectors. ALL IMO. DYOR. QP
quepassa
12/2/2021
08:00
So I tracked it down in the recent interim financial statements for period ended 31/12/20. WOW! A whopping 15% Performance Fee Performance Fee as detailed on page 8:- "Shellbay Investments Limited receives performance fees for the provision of Mr James Mellon as Non-Executive Chairman of the Company. The fees are calculated at 15 per cent. of any increase in the net asset value of the Company over each quarterly period, subject to a high watermark (high-watermark being defined as “the highest fully diluted NAV per shares recorded at any quarter day end to date provided the fully diluted NAV exceeds the offer price per share in the AIM listing”). The performance fee is payable in shares issued at the mid-price on the day of the quarterly net asset value announcement. No fees were payable for the current period (31 December 2019: £nil). See note 9 for further details" I like the sector but a 15% performance fee is in hedge-fund territory and not the sort of standard management fees associated with many quoted investment companies. Too rich for my blood at those fees. Good Luck All. ALL IMO. DYOR. QP
quepassa
11/2/2021
09:30
Can somebody please assist in a quick question. Although perhaps waived this year, what are 1) the contractual ongoing annual management fees, and 2) the contractual performance-related fees thanks. QP
quepassa
08/2/2021
17:04
https://www.google.co.uk/amp/s/www.nanalyze.com/2020/04/clean-food-stock-not-beyond-meat/amp/
mo2550
08/2/2021
10:57
Not sure if same article but also mentioned here (not behind a pay wall for me) - https://amp.ft.com/content/95d82cb1-3a07-4d3b-be28-1c644ba6ee32?segmentid=acee4131-99c2-09d3-a635-873e61754ec6&__twitter_impression=true
philipc240
08/2/2021
10:43
Thanks both. Its been a long time since i read the FT !! Richard
dicktrade
08/2/2021
10:36
https://www.ft.com/content/95d82cb1-3a07-4d3b-be28-1c644ba6ee32Behind the pay wall though.
ryesloan
08/2/2021
10:29
Was wondering whats happened! Has anyone got link can't find it with a search on Google
philipc240
08/2/2021
10:21
tipped in the FT at the weekend.
nivison
08/2/2021
10:16
A lot of buying activity this morning, more than usual. Am i missing something ?
dicktrade
02/2/2021
11:52
I don't think any shareholder would choose to get diluted, but we all only need to read the RNS from 19 June last year to know the board has serious ambition to grow this business and invest more capital. And the businesses we are investing in need more capital from investors to fund their ambitions. On a Master Investor webinar in July last year, Jim Mellon said he wanted the company to reach $500 million in size by the end of 2021. To get there from where we are currently, it is a racing certainty the company needs to raise more capital itself - the only question is the timing and the price.
mesb48
01/2/2021
16:04
You sound like a broker wanting them to raise more equity! Over and out?
slicethepie
01/2/2021
14:05
They raise money to do the exact opposite. Look at the follow on investment in BlueNalu that has maintained our percentage stake. We need cash to prevent dilution not cause it.And if Jim is not interested in fees we can look forward to him waiving the chunky performance fee he has baked into the management agreement then? Hmmm thought not!
ryesloan
30/1/2021
10:43
Your points are well made except the likes of Jim Mellon are not interested in fees, they want exposure to these fledgling companies and by raising money they dilute those positions. They got into these positions very early and believe they have some of the best companies in this space so why dilute those unless they believe they can find better opportunities. The opportunities available now are much more expensive since the herd arrived into this space. I would sell my holding if they raised.
slicethepie
28/1/2021
22:03
Several reason to raise more money 1. you are an investment company so it's literally your bread and butter 2. Market cap is well ahead of 'real' value so exploit it 3 a market correction may be imminent - it nearly happened this week 4. a bird in hand..try raising it if there IS a market correction 5. Not all your investments will be either on time or successful; believe anything else and you are in the wrong business. WHether they do raise more cash of course is not decided by the above but not to consider raising cash right now would mean they are not doing their job
faz
27/1/2021
13:24
Future investment opportunities?
meneither2
26/1/2021
10:39
Why would you raise more money other than to dilute the existing holdings, which management believe are excellent They have said the market is hotting up in terms of investment which means prices are much higher, the only reason would be to get more management fees.
slicethepie
26/1/2021
10:17
I suspect others feel the same Rock Star based on todays drop!
philipc240
18/1/2021
15:43
dont be a prat - you can work out the NAV from their investments, the market cap from the ADVFN front page and any Pi that invests more than pocket money should know reporting dates.
faz
18/1/2021
14:58
You probably saw covid coming before everyone else well done!
slicethepie
18/1/2021
07:38
Nav £20m, market cap £70m. Why I sold last week. Gla
faz
15/1/2021
15:18
150% up since November. Feels a tad frothy, so sold down heavily in the last week. Hopefully will be able to top up again in due course, but only time will tell!
techno20
07/1/2021
13:33
Agree, that is my thinking. But exciting to see this progress nonetheless.
meneither2
Chat Pages: 27  26  25  24  23  22  21  20  19  18  17  16  Older
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