Anglo African Agriculture Share Discussion Threads

[start small] 05/9/2018 07:14

Great to see you have given up, when confronted with the facts.

Have a nice day.

[dianecarberry] 04/9/2018 18:58

I honestly give up with you.

You don't seem to grasp anything I say.

[start small] 04/9/2018 18:35

13 10 17 0.7P

23 10 17 0.72P

25 10 17 0.75P

Day of the placing at 0.7P shares traded at 0.75P

[start small] 04/9/2018 18:14

What % did it fall

Get it right

[dianecarberry] 04/9/2018 18:09

On the day the above placing was announced to the market the share price fell to 0.7p which was bang on the announced placing price.

When the next placing is announced at circa 0.35p the shares will fall to 0.35p ish.

Do you not understand this ?

You are missing the point entirely.

Nobody is buying AAAP now as they know in the near future they will be able to buy much cheaper.

This is the point I am making but you don't seem to grasp.

[start small] 04/9/2018 16:58

Nutter and you need to check your facts.

Check out the share price on the day the last placing was issued at.

Then go and mow the lawn

Anglo African Ag PLC Subscription

26/10/2017 7:00am
UK Regulatory (RNS & others)


TIDMAAAP

26 October 2017 For Immediate Release

Anglo African Agriculture plc

("AAA" or the "Company")

Funding to Strengthen AAAP's Product Range and Business Expansion

The Board of Anglo African Agriculture plc (LSE: AAAP), the London Main board
listed food manufacturing and trading company, today announces that it has
raised approximately GBP140,000 (gross) (the "Subscription Amount") by way of
subscription of 20,000,000 new ordinary shares of 0.1p each (the "Subscription
Shares") at a price of 0.7p per Subscription Share.

The Subscription proceeds will be used to provide additional working capital,
which will enable the Company to increase stock levels in the Dynamic
Intertrade business to provide a wider product range for customers and allow
the company to increase stock levels of core mixing ingredients to meet growing
customer demand.

David Lenigas, Non-Executive Chairman, commented: "We are coming in to the very
busy season for the Dynamic Intertrade and it is imperative we are well funded
to keep up with growing customer demand over this period. We are also looking
at new business opportunities and it is also important to have a stronger
balance sheet whilst reviewing target businesses for acquisition."

The Subscription Shares will rank pari passu with the existing ordinary shares.
The Company has made application for admission of the Subscription Shares and
it is expected that admission will become effective and that dealings in the
Subscription Shares will commence at 8.00am on 1 November 2017.

Following the issue of the Subscription Shares, the Company will have
226,983,954 shares in issue.

For further information please contact:

Anglo African Agriculture plc [phone]

David Lenigas, Non-Executive Chairman

Rob Scott, Non-Executive Direc

[dianecarberry] 04/9/2018 15:34

"We have been told dilution is a cert.
That is 100% factored into today’s share price."


Complete and utter nonsense posted by a clear novice.

The dilution will have to be at a significant discount to the prevailing share price to get it away with ii.

Probably around 0.35p ish or even lower.

When this happens the share price will retreat to the placing price. Always does.

How is that factored in to the current share price ?

I await an answer.

[dianecarberry] 04/9/2018 15:33

Never held RRR

Never held AAAP

Never held BPC

Never shorted any of the above

All 3 are barge pole stocks which the public need warning about.

[start small] 04/9/2018 15:18

Been burnt on BPC as well ?

I would point out to others you appear to me to be a SHORTER of stocks.

I say that after reading your posts on other companies.

Or you have got it wrong time and time again.

[start small] 04/9/2018 15:01

I see your posts on RRR match the ones here

Been burnt on them as well ?

[start small] 04/9/2018 14:59

Have you been burnt ?

[dianecarberry] 04/9/2018 14:32

"We have been told dilution is a cert.
That is 100% factored into today’s share price."


Complete and utter nonsense posted by a clear novice.

The dilution will have to be at a significant discount to the prevailing share price to get it away with ii.

Probably around 0.35p ish or even lower.

When this happens the share price will retreat to the placing price. Always does.

How is that factored in to the current share price ?

[start small] 04/9/2018 14:27

What is a 'Reverse Takeover - RTO'

A reverse takeover (RTO) is a type of merger that private companies engage in to become publicly traded without resorting to an initial public offering (IPO). Initially, the private company buys enough shares to control a publicly traded company. The private company's shareholder then exchanges its shares in the private company for shares in the public company. At this point, the private company has effectively become a publicly traded company

[start small] 04/9/2018 14:25

We have been told dilution is a cert.

That is 100% factored into today’s share price.

The prize is the RTO that will produce a far larger company.

[tiger1234] 04/9/2018 13:47

Diane - if there is a dilution coming at, say, 0.35, would you still be so negative from that point forward or would you conclude that would present a strong buying opportunity?

[dianecarberry] 04/9/2018 13:18

Sales galore today.

The market knows what is coming.

Dilution by Lenigas.

[dianecarberry] 04/9/2018 08:59

Every trade a sell so far today.

Enough said.

Nice 20% spread as well.

[a1samu] 04/9/2018 07:41

Or AAA could sell out to the Chinese for half a million bucks!

[start small] 04/9/2018 07:11

The London Evening Standard article mentioned possibly a REVERSE in? Please check exact wording.

Anyone remember David Lenigas [Chairman] of REM which was a SHELL from Zest Music? The share price was about 0.04p, MKT CAP around the £1m+ mark which went to around 2.25p, Mkt Cap £95m. Just in case, people are not aware of a shell and its pathway. Just an historical example.

[ny boy] 03/9/2018 20:32

Costax..You should be in MSYS mate, all the smart money is accumulating


I will look st these soon, they have some mileage

[start small] 03/9/2018 20:19

This is how to make big bucks from a penny share.

The reason the deal is being done is to get Comarco a FULL LONDON LISTING


“More excitingly, Comarco could reverse into AAA completely. That would mean shareholders owning one of the few major seaports of east Africa, with growth potential from the minerals trade just as Africa seems set to emerge from its recent economic doldrums”

[start small] 03/9/2018 20:11

lets assume you are correct and a 0.35P placing shows this week.

$1M or £800,000 would double the shares in issue.

The average RTO shell ends up with 5% or less of the equity

The above would leave AAAP with 50%

PLUS the added value of Comarco