Aura Renewable Acquisiti... Share Discussion Threads

[hedgehog 100] 01/8/2023 17:35

15 ARA Aura Renewable 6.75 12.5% 0.75

ARA has closed at fifteenth on the top risers board today, putting it in the top one per cent of performers.

And its rise of 0.75p, to 6.75p, has broken it out upwards to a new 2023 closing high.



And ARA is still trading at a significant discount to its cash.

[hedgehog 100] 31/7/2023 18:10

Recent Share Trades for Aura Renew Acq (ARA)
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
31-Jul-23 08:39:12 6.50 5,923 Buy* 5.50 6.50 385.00 O


The full ARA buy price of 6.5p in now being paid, for just a few hundred pounds of stock.

So there can't be much more 6.5p ARA stock available now.

[hedgehog 100] 27/7/2023 17:00

Recent Share Trades for Aura Renew Acq (ARA)
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
27-Jul-23 14:45:18 6.50 77 Buy* 5.50 6.50 5.01 O
27-Jul-23 12:00:16 6.06666 3,884 Buy* 5.50 6.50 235.63 O
27-Jul-23 09:08:17 6.425 25,000 Buy* 5.00 6.50 1,606 O
27-Jul-23 09:02:36 6.40 20,000 Buy* 5.00 6.50 1,280 O


ARA has today moved back up to 6p mid, for the first time since 5th. July.

And that small £235.63 trade actually looks like a sell for over 6p, so the 'real' mid price is now 6.25p (spread 6p - 6.5p).

A close above 6.375p mid (the 22nd. February close) would be a new 2023 closing high.

[hedgehog 100] 25/7/2023 16:50

Recent Share Trades for Aura Renew Acq (ARA)
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
25-Jul-23 13:34:06 6.40 31,001 Buy* 5.00 6.50 1,984 O
25-Jul-23 12:02:19 6.20 23,976 Buy* 5.00 6.50 1,487 O


So the last of the sub 6p ARA stock has gone, and the latest buy paid 6.4p.

These are actually the first ARA buys for over 6p since June, and the mid price should follow suit shortly if this trend continues.

[hedgehog 100] 21/7/2023 13:35

I wonder who N. Fitzpatrick is, ARA's new 3% shareholder?

He's obviously a shrewd investor, not only identifying this outstanding & undervalued investment opportunity, but then also cannily accumulating on dips.

And his surname 'fitz' quite well with one of ARA's directors:-

"David Fitzsimmons, Non-Executive Director

David Fitzsimmons is highly experienced in the energy business, in both executive and non-executive positions. After a 27-year career with BP, from 1978 to 2004, he served as CEO of the UK listed renewables company Novera Energy for 4 years, from 2005 to 2009. He has subsequently advised a number of other renewables companies, including serving on the strategic advisory board of Braemar Energy in New York from 2005 to 2020.

Currently, David is a Member of the Technology Expert Service at Imperial College and has been since 2019, providing support and guidance on the commercialisation of its technologies, and has been a member of Pearlstone Energy’s Advisory Board from 2018.

Additionally, David is Chairman of Locate in Kent (appointed in 2015) , the Inward Investment Agency for Kent, as well as a Governor of Skinners Kent Academy (appointed in 2011). David has also been appointed as a director of the Skinners’ Academy, with effect from 1 January 2022. David was made Chairman of Dig Deep in 2021, having been a director and trustee since 2017, a charity that brings clean water and hygiene training to rural communities in Kenya.

Previously, David served as a director at the Renewables Energy Association (REA) from 2007 to 2009 and the International Petroleum Exchange (IPE) from 1996 to 1997. He resides in the United Kingdom."

[hedgehog 100] 20/7/2023 16:31

0/07/2023 14:42 UK Regulatory (RNS & others) Aura Renewable Acquisitions PLC Holding(s) in Company LSE:ARA Aura Renewable Acquisitions Plc

" ... 3. Details of person subject to the notification obligation (iv)
Name N. Fitzpatrick
City and country of registered office West Yorkshire
(if applicable)

4. Full name of shareholder(s) (if different from 3.) (v)
Name Redmayne Bentley Nominees
--------------------------------------------
City and country of registered office West Yorkshire
(if applicable)
--------------------------------------------
5. Date on which the threshold was 18 July 2023
crossed or reached (vi) :
--------------------------------------------
6. Date on which issuer notified 19 July 2023
(DD/MM/YYYY):
--------------------------------------------
7. Total positions of person(s) subject to the notification obligation
% of voting % of voting rights Total of both Total number
rights attached through financial in % (8.A + of voting rights
to shares (total instruments 8.B) held in issuer
of 8. A) (total of 8.B (8.A + 8.B)
1 + 8.B 2) (vii)
------------------ --------------------- -------------- --------------------
Resulting situation
on the date
on which threshold
was crossed
or reached 3.0476 nil 3.0476 320,000
------------------ --------------------- -------------- --------------------
Position of
previous notification
(if
applicable)
------------------ --------------------- -------------- -------------------- ..."

[hedgehog 100] 19/7/2023 10:15

Brilliant news just out: a huge boost for the British battery sector.

And the timing could hardly be better for an imminent battery technology RTO deal by ARA.


"Jaguar Land Rover-owner to spend £4bn on UK battery factory

1 hour ago Comments

By Simon Jack & Lucy Hooker
BBC News

Jaguar Land Rover-owner Tata has confirmed plans to build its flagship electric car battery factory in the UK.

The new plant in Somerset is expected to create 4,000 UK jobs and thousands more in the wider supply chain.

Tata said it will invest £4bn in the site but it is understood that the government is providing subsidies worth hundreds of millions of pounds.

The plant is described as the most important investment in UK automotive since Nissan arrived in the 1980s.

The new gigafactory, at 40GWh, will be one of the largest in Europe and will make batteries for Jaguar Land Rover vehicles like Range Rover, the Defender and the Jaguar brands.

The plan is to supply other car manufacturers as well, with production at the new factory is due to start in 2026.

Tata have been in negotiations for months to secure state aid for the project.

Prime Minister Rishi Sunak said: "With the global transition to zero emission vehicles well underway, this will help grow our economy by driving forward our lead in battery technology whilst creating as many as 4,000 jobs, and thousands more in the supply chain."

Liberal Democrat Treasury spokesperson Sarah Olney MP said: "This is a welcome move by Jaguar Land Rover after years of the south west being neglected by Government investment."

The plant is Tata's first outside India and, it is hoped, will help the car manufacturing sector transition from petrol and diesel to making electric vehicles.

Batteries typically account for more than half of the value of an electric vehicle, so a reliable supply is expected to be vital for the future of the UK car industry.

The government has been criticised for lacking a clear industrial strategy and falling behind the US and EU in attracting investment in low-carbon technologies.

Some industry insiders hope that the Tata battery investment will open the door to further battery investments in the UK. ..."

[hedgehog 100] 18/7/2023 18:40

ELEG wasn't the only shell that suspended for a RTO on 7th. July; MCI did as well - and under seven months after it floated.

And moreover, MCI's proposed RTO is a pivot from life sciences to lithium, saying this on its website:-
"At Medcaw we recognise the significant role that lithium plays in the global transition to sustainable energy solutions."

In addition, MCI's suspension was accompanied by a placing at 8p, a premium of 88% to its suspension price of 4.25p.
A nice fat premium indeed.
Or perhaps I should say 'a two fat ladies premium' ...

MCI's market cap. at the placing price of 8p would be £1.77M. - compared to a probable cash level of under £1M.


07/07/2023 16:12 PR Newswire (US) Medcaw Investments Plc - Potential acquisition of near-term Lithium production asset LSE:MCI Medcaw Investments Plc

"Potential acquisition of near-term Lithium production asset

• Signing of conditional implementation agreement with Abyssinian Metals Limited
• Equity Fundraise & Suspension of Trading

Medcaw Investments plc (LSE:MCI), an acquisition vehicle, is pleased to announce that it has entered into a conditional implementation agreement with Abyssinian Metals Limited ("AML"), a company incorporated in Australia and developing the Kenticha lithium project located in Oromia State, Southern Ethiopia.

Subject to the Company being satisfied with technical, legal, accounting, tax, financial, commercial and environmental due diligence on AML the Company will consider making an offer to acquire up to 100% of the entire issued share capital of AML ("AML Shares") in consideration for the issue and allotment of new ordinary shares ("Ordinary Shares") in the Company to the shareholders of AML ("Proposed Transaction"). As at the date of this announcement no decision has made by the Company whether to proceed with an offer for the AML Shares or otherwise and there is no offer that is capable of being accepted by the shareholders of AML.

AML is a clean energy metals company with a focus on the development of the Kenticha lithium project in which it has a 51% legal and beneficial interest and manager of the project with the Oromia State holding 49%. ...

Details of Equity Fundraise

Medcaw has today raised gross proceeds of £400,000 at 8p per share ("New Ordinary Shares") through an equity placement to various high net worth and institutional investors introduced by GIS Global Investment Strategy ("GIS") ("Placement"). The Company has therefore allotted and issued a total of 5,000,000 new Ordinary Shares in the Company. ..."




Medcaw Investments (MCI):-

[hedgehog 100] 18/7/2023 16:50

Recent Share Trades for Aura Renew Acq (ARA)
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
18-Jul-23 10:00:19 5.80 45,000 Buy* 5.00 6.00 2,610 O
18-Jul-23 08:03:01 5.825 3,433 Buy* 5.00 6.00 199.97 O


More ARA buying today, lifting the share price back up to 5.75p.

For shells, which tend to be very lightly traded, such relatively persistent and steady buying as ARA has seen recently tends to be a very positive sign.

[hedgehog 100] 17/7/2023 14:36

"Searchlight Capital buys UK asset manager Gresham for £470mn

Shares in London-listed group soar more than 50% after agreeing to takeover by US investment firm

Arjun Neil Alim and Sally Hickey in London 5 HOURS AGO

US investment firm Searchlight Capital has agreed to buy UK asset manager Gresham House in a £470mn deal, betting on sustained demand for renewable energy assets that the UK group is increasingly focused on.

Gresham House manages about £8bn and invests mainly in sustainable assets such as battery storage infrastructure.

Under the terms of the agreement announced on Monday, Gresham House investors will receive £11.05 in cash, a 63 per cent premium to where the group’s shares closed on Friday. Gresham House shares surged more than 50 per cent on Monday. ..."

[hedgehog 100] 14/7/2023 14:57

Hedgehog 100 30 Mar '23 - 14:11 - 68 of 126 Edit 0 0 0
"If ARA's post-RTO enlarged equity is under £30M., then it would no longer be eligible for the Main Market.
It would probably therefore list on AIM, and I don't see why this couldn't be via a direct transfer, with no full delisting in between. ..."


This is what the shell ELEG seems to be proposing; ELEG floated last year, and suspended for a RTO last week:-

07/07/2023 08:00 UK Regulatory (RNS & others) Electric Guitar Plc Proposed RTO LSE:ELEG Electric Guitar Plc

"Heads of Terms signed

Proposed Reverse Takeover and Suspension of Listing

Reverse Takeover

ELEG is pleased to announce that as of 6[th] July 2023 it has entered into a non
-binding heads of terms to acquire (through a reverse takeover subject to
regulatory and shareholder approval and due diligence) all the outstanding
shares in 3radical Limited ("3radical") in an all-share transaction
("Transaction").

The Transaction is in line with ELEG's strategy set out at the time of its IPO
last year. On completion of the Transaction, ELEG's intention is to cancel its
listing on the Standard List and seek admission of its ordinary share capital,
as enlarged following completion of the Transaction, to trading on the AIM
Market of the London Stock Exchange ("Admission").

The heads of terms place an initial valuation on 3radical of £3 million, subject
to adjustments.

Suspension of Listing

The Transaction, once completed, would constitute a reverse takeover under the
Listing Rules. As ELEG is not yet able to provide full disclosure under Listing
Rule 5.6.15, it has requested from the Financial Conduct Authority, and been
granted, a suspension of listing in its shares with immediate effect pending
either the issue of an announcement providing further details on the
Transaction, the publication of a prospectus, or an announcement that the
Transaction is not proceeding. ..."

[hedgehog 100] 13/7/2023 16:48

LSE % Gainers Top Lists
EPIC Name %
SPMU Spiritus Mundi +60%


After finishing second yesterday, today SPMU is the top riser: up another 3p, to 8p: market cap. £3.94M.

For ARA, this market cap. would equate to a share price of 37.5p.

[hedgehog 100] 12/7/2023 19:49

LSE % Gainers
Top Lists
EPIC Name %
IIG Intuitive Investm... +68%
SPMU Spiritus Mundi +43%


Today's top two risers are an investment company (IIG) & a shell (SPMU).

And compare SPMU to ARA:-

"Spiritus Mundi: Clinical Diagnostics Shell"


SPMU: 5p, market cap. £2.47M.; cash 31.3.23 £739,812.

ARA: 5.75p, market cap. £603,750.; cash 31.12.22 £809K.


Spiritus Mundi (SPMU):-

[hedgehog 100] 09/7/2023 14:47

Battery stock IES has performed well since being tipped at 35p a fortnight ago, closing at 50.5p this weekend, up from 32.5p at the start of April.

"MIDAS SHARE TIPS: Batteries that store wind power can boost your funds - Invinity Energy Systems help the UK on its path to a fossil fuel-free future
By JOANNE HART, FINANCIAL MAIL ON SUNDAY
PUBLISHED: 21:52, 24 June 2023 | UPDATED: 17:48, 26 June 2023
... Invinity shares are 35p and should increase materially as the group rolls out its batteries not just here but across the world. ..."

[hedgehog 100] 07/7/2023 17:05

Date Time Trade Prc Volume Buy/Sell Bid Ask Value
07-Jul-23 10:29:32 5.84 39,100 Buy* 5.50 6.00 2,283 O


Another bargain ARA buy today.

That's 214,100 ARA shares bought in just the last 7 trading days: which is over 2% of the company.

[hedgehog 100] 06/7/2023 17:50

Date Time Trade Prc Volume Buy/Sell Bid Ask Value
06-Jul-23 10:35:07 5.88 50,000 Buy* 5.50 6.00 2,940 O
06-Jul-23 09:24:05 5.666 50,000 Sell* 5.50 6.50 2,833 O


Once again, ARA shares sold today very quickly attracted a buyer.

And in general, buying tends to be more indicative than selling.

Because sellers sell for many reasons, whereas buyers only tend to buy because they think it's a good investment.

And sellers may well have a limited choice of shares to sell, whereas buyers have a choice of thousands.

[hedgehog 100] 30/6/2023 18:00

Recent Share Trades for Aura Renew Acq (ARA)
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
30-Jun-23 15:07:43 5.90 50,000 Buy* 5.50 6.00 2,950 O
30-Jun-23 13:40:14 5.6501 50,000 Sell* 5.50 6.50 2,825 O
30-Jun-23 13:39:53 5.71 50,000 Sell* 5.50 6.50 2,855 O


And today's brief intraday ARA share price dip was again very well-bought: lasting for under an hour and a half before a buyer again pounced on the bargain, triggering a full rebound.

It's a typical pattern with shells that some people get tired of waiting for a deal, and throw in the towel close to the bottom, shortly before a RTO is unveiled.

Experienced investors can work this pattern to their advantage though, to pick up bargains shortly before news.

[hedgehog 100] 29/6/2023 17:28

Recent Share Trades for Aura Renew Acq (ARA)
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
29-Jun-23 13:51:39 6.17 50,000 Buy* 5.50 6.50 3,085 O
29-Jun-23 13:40:56 5.90 25,000 Buy* 5.50 6.00 1,475 O
29-Jun-23 13:09:42 5.6125 50,000 Sell* 5.50 6.50 2,806 O
29-Jun-23 13:08:12 5.61 59,570 Sell* 5.50 6.50 3,342 O


Today's brief intraday ARA share price dip was very well-bought: lasting for just half an hour before a buyer pounced on the bargain, triggering a full rebound.

And time must surely now be running out to buy in ahead of RTO news here.

[hedgehog 100] 25/6/2023 13:05

Interesting to see that the battery stock IES has just received this high profile press tip, which I think endorses ARA's focus on this area:-

"MIDAS SHARE TIPS: Batteries that store wind power can boost your funds - Invinity Energy Systems help the UK on its path to a fossil fuel-free future

By JOANNE HART, FINANCIAL MAIL ON SUNDAY

PUBLISHED: 21:52, 24 June 2023 | UPDATED: 12:19, 25 June 2023

Wind power now accounts for almost a third of all the UK's electricity, overtaking every other source, including gas. Turbines have been built, capacity has increased and costs have come down. But wind is unpredictable.

On calm days, there is not enough of it. On gusty days, too much. This creates problems. When wind turbines generate more electricity than the grid can absorb or distribute, they are simply asked to stop producing.

Over the past two years alone, the process has cost around £1.5billion and huge amounts of energy has been lost, enough to power over a million households, according to think tank Carbon Tracker.

This problem is growing worse each year, making renewable energy more expensive than it should be and slowing the UK's path towards a fossil fuel free future.

Invinity Energy Systems can help to fix the issue. The company makes vanadium flow batteries, which are safe, last for years and are capable of storing electricity for hours at a time.

Invinity shares are 35p and should increase materially as the group rolls out its batteries not just here but across the world. ..."

[hedgehog 100] 11/6/2023 14:20

"Electric vehicle battery health concerns stifling used EV market

07/06/2023 in Electric fleet news

Concerns over the long-term health of electric vehicle (EV) batteries, affordability and the capacity of charging infrastructure, are the biggest barriers to adoption in the used market.

That’s according to a new report - Used EV Market: The Key to Unlocking Net Zero – which has been published by the Green Finance Institute (GFI) today (Wednesday, June 7). ...

Of drivers who said they wouldn’t buy a used EV, 62% cited concerns around battery lifespan – making the fear of poor battery health the single largest barrier preventing the second-hand market from taking off, a concern echoed by industry experts.

Nearly three-quarters of the 21 dealerships involved in the report recognised battery lifespan as one of the top consumer concerns in the context of used EVs. ...




It sounds like there's a quite compelling gap in the market for improved battery life technology.

So the impressive privately-held British battery tech company Nexeon could be the prefect RTO into ARA:-


"Power to make a difference.

Delivering a step change in energy density by creating class-leading battery materials to realise a more sustainable world.

Batteries are critical for meeting future energy demand, but what if we could use fewer of them?

More energy.
Less space.

Nexeon’s silicon anode material replaces graphite in traditional battery cells, dramatically increasing energy density."




"Applications

Today's challenges require new solutions.

Electric Vehicles

Lithium-ion is the dominant battery technology for the electric vehicle market. Nexeon can help to produce lighter, cheaper and more powerful battery packs.

Wearable Devices ...

Medical Devices ...

Consumer Electronics ..."




"Our Technology

The next generation of battery materials, ready for use today.

Our technology has unlocked the potential of silicon-based anodes, delivering a step change in energy-dense materials. Backed by over 170 patents and an extensive portfolio of industry-leading cell manufacturing and automotive partners, we are paving the way to a sustainable, electrified future.

Harnessing the power of silicon

Silicon has ten times higher specific capacity than graphite and is capable of holding more lithium in a given mass.

This means it has enormous scope to make cells with a higher energy density. Silicon is currently being adopted as a partial replacement for carbon in battery anodes, but problems arise from expansion and contraction when the cells are charged and discharged.

Nexeon's NSP1â„¢ and NSP2â„¢ flagship materials have overcome this hurdle, making silicon anodes a viable transformative technological solution at scale.

Introducing the era of Generation 2 battery materials."

[hedgehog 100] 10/6/2023 22:28

Thanks Solarno.

So it's the end of an era.

The last of the main market micro cap. shell listings.

Or perhaps we should say 'the beginning of the end', as the currently listed shells will be around for a while yet ... though gradually decreasing in quantity, and increasing in scarcity ... and you would think increasing in scarcity value.

[solarno lopez] 10/6/2023 16:34

Well done hedgehog