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Share Name Share Symbol Market Type Share ISIN Share Description
Aura Renewable Acquisitions Plc LSE:ARA London Ordinary Share GB00BKPH9N11 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 5.25 0.00 08:00:25
Bid Price Offer Price High Price Low Price Open Price
5.00 5.50 5.25 5.05 5.25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 1
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 5.25 GBX

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Date Time Title Posts
19/11/202213:25Aura Renewable Acquisitions: Small Shell, Big Ambitions28
13/4/202206:20Ardana: On the way up350
30/6/200814:55Ardana with Charts & News147

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Posted at 29/11/2022 08:20 by Aura Renewable Acquisiti... Daily Update
Aura Renewable Acquisitions Plc is listed in the General Financial sector of the London Stock Exchange with ticker ARA. The last closing price for Aura Renewable Acquisiti... was 5.25p.
Aura Renewable Acquisitions Plc has a 4 week average price of 5.05p and a 12 week average price of 5.05p.
The 1 year high share price is 18p while the 1 year low share price is currently 5.05p.
There are currently 10,500,000 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Aura Renewable Acquisitions Plc is £551,250.
Posted at 16/11/2022 20:36 by hedgehog 100
The cash shell ROC (a similar shell to ARA) yesterday announced a proposed RTO at 7.86p: a 67.23% premium to its 4.7p suspension price:-

15/11/2022 15:56 UKREG Rockpool Acquisitions PLC Potential Reverse Takeover & Suspension of Listing
"Rockpool Acquisitions Plc, the Special Purpose Acquisition Company ("SPAC") formed to undertake the acquisition of a company or business headquartered or materially based in Northern Ireland or alternative transactions with suitable targets, including those that may not have a direct connection with Northern Ireland , has entered into heads of terms ("Heads") relating to the proposed acquisition (the "Acquisition") of the entire issued and to be issued share capital of Amcomri Group Limited ("Amcomri"), the holding company of a fast-growing, acquisitive group of quality UK Engineering and Manufacturing businesses. ..."
https://uk.advfn.com/stock-market/london/rockpool-acquisitions-ROC/share-news/Rockpool-Acquisitions-PLC-Potential-Reverse-Takeov/89561567

Posted at 09/10/2022 12:50 by hedgehog 100
From the Aura Renewable Acquisitions plc prospectus, dated 5 April 2022:-

"(iii) The Company has conditionally raised gross proceeds of £1,000,000 ... Under the terms of the Placing, Placees are entitled to receive one Freely Transferable Warrant for each New Ordinary Share subscribed for at no additional cost.
..."

"*Number of Ordinary Shares subject to Warrants 12,780,000"

HTTP://aurarenewables.com/Investor-Documents/Prospectus.pdf

HTTP://aurarenewables.com/investors/

The large majority of these warrants are exercisable at a share price of 15p/share.
And the others require the market price to have exceeded 15p for some time, and for the first acquisition to have been completed.


In relation to its IPO placing price of 10p, the ARA 'warrants premium' is similar to the situation at TMOR: where the IPO placing price was 1p, and the vast majority of the warrants are 'investor warrants', exercisable at a price of 1.5p/warrant.


So TMOR's proposed RTO at a share price of 2.25p clearly brings its warrants into play.
And this will doubtless be the aim of ARA: i.e. a RTO at a good premium to 15p, to bring its own warrants into play.

Posted at 27/9/2022 16:09 by hedgehog 100
The cash shell TMOR (a similar shell to ARA) announced great RTO news on Friday, and if it hadn't been suspended pre-opening, it would probably have been top riser for the weekend: a proposed RTO at a share price of 2.25p, well over double the current share price of 0.95p:-


23/09/2022 07:45 UK Regulatory (RNS & others) More Acquisitions PLC Acquisition - Megasteel and Suspension of Trading LSE:TMOR More Acquisitions Plc

"Proposed Acquisition of Megasteel Limited and Suspension of Trading ...

-- Proposed Acquisition values the current issued share capital of More at GBP2.81 million (vs GBP1.19 million at closing on 22 September 2022) or over 2.3 times the Company's current net cash

Background

Megasteel (www.megasteel.co.uk ), has traded for more than 30 years in the United Kingdom, and is one of the largest stockholders and distributors of high-quality steel for the prestressing and post-tensioning of concretes in the UK. Prestressed concrete is a critical building product used in the UK construction market, from house floors to bridge beams and from railway sleepers to high rise buildings in the City of London. In its financial year ended 31 October 2021, Megasteel made audited pre-tax profits of GBP3m on turnover of GBP19.7m. ...

Nigel Roberts, CEO of Megasteel Ltd added:

"We have built Megasteel over the last 30 years to be one of the biggest suppliers in the UK of prestressing wire and strand, a product used in almost every construction project in the country, and we have been considering a listing of the business for many years. We are pleased to be working with More Acquisitions as the vehicle that will enable us to do this.

Over many years we have been able to grow our sales, generate revenues, make profits and turn those profits into cash which we have reinvested into the business to keep the cycle going. Applied over a long period of time these business methods have produced a profitable business that I am proud to have started. ...

We were attracted to More Acquisitions as our vehicle to list because we liked the simplicity and cost-effective way in which it had been set up with its 'one price for all', no advisory or broking fees, capped listing and on-going costs and no director salaries, the Company and its key stakeholders fitted very well with our views on how a business should be run!"

https://uk.advfn.com/stock-market/london/more-acquisitions-TMOR/share-news/More-Acquisitions-PLC-Acquisition-Megasteel-and/89129228


TMOR floated on 4th. March 2022, just a month before ARA.

Posted at 22/9/2022 13:27 by hedgehog 100
In their recent interim results statement, a couple of weeks ago, ARA noted that the current energy crisis was boosting renewable energy growth:-

07/09/2022 07:00 UK Regulatory (RNS & others) Aura Renewable Acquisitions PLC Half-year Results LSE:ARA Aura Renewable Acquisitions Plc

"Interim Results for the period ended 30 June 2022

7 September 2022 - Aura Renewable Acquisitions plc, a UK-based company, whose objective is to invest in the global renewable energy sector supply chain and thereby build shareholder value, announces its maiden interim results for the period from the date of incorporation on 4 November 2021 to 30 June 2022. ...

John Croft, the Chairman of Aura commented:

"During this initial financial period the Company joined the Standard Segment of the Main Market of the London Stock Exchange on 8th April 2022 and raised gross proceeds of GBP1,000,000 from a placing and subscription.

"Since listing, Aura has begun to explore a range of potential targets in the UK and overseas which could offer the opportunity for significant growth in this exciting and fast-moving market sector. We have also been in discussions with the Board's extensive professional and business networks to raise the Company's profile and highlight its intentions and objective to this large potential introducer base.

"The current worldwide economic and political uncertainty caused by supply chain issues, inflation, interest rate rises, hostilities in Europe and further afield, the lingering impact of Covid and climate change, have had a dampening impact on capital market activity and fund raisings during 2022.

"Despite these uncertainties, the growth in renewable capacity continues, with solar capacity leading the way. Installed renewable energy capacity around the world increased by 6% in 2021, despite post-Covid delays and rising raw material costs of 15%-25%. The International Energy Agency (IEA) expects 2022 to create further growth of 8% in installed capacity, not least as countries that have relied upon oil and gas from Russia are now accelerating the expansion in renewable energy capacity in response to the war in Ukraine.

"As a result of these market forces, we are more confident than ever that the renewable energy sector will offer excellent opportunities for acquisitive and organic growth for the foreseeable future, and we are committed to ensuring that the Company and its stakeholders have the chance to share in these opportunities." ..."

https://uk.advfn.com/stock-market/london/aura-renewable-acquisiti-ARA/share-news/Aura-Renewable-Acquisitions-PLC-Half-year-Results/89000501


This further highlights ARA's attractions.

Posted at 19/7/2022 14:50 by hedgehog 100
Thanks for flagging up that useful article Burton, which contains a specific section on ARA:-

"DATE 14.07.22

SPAC’s : Down but not out"

"Aura Renewables

Aura Renewables (LON:ARA) takes its name from the Greek goddess of the wind, but the company is also open to prospects in the ‘solar, biomass, hydropower, carbon capture, waste management, smart grids and green hydrogen supply chain, and their sub-sectors, ranging from raw materials resourcing to power generation, energy storage and recycling’.

Speaking to TMS founder shareholder Suresh Withana said the company was engaged in a global search and may take on multiple assets, with interests in ‘several different types of companies or … minority interests in several companies so that we are actually acting as a platform of ownership interests in a variety of technologies or businesses in the renewable energy space.’ ARA is probably looking ‘for companies that are relatively mature in the sense that they are already pre-existing businesses that are typically in private hands that are now looking for a way in which to access capital markets.’ Withana describes ARA as a blank slate, with longer term ambitions to develop a company to a market cap of ‘about £300m, half a billion or higher’, an established ‘well traded, well covered and liquid stock.’"

HTTP://total-market-solutions.com/2022/07/spacs-down-but-not-out/

Posted at 09/6/2022 16:18 by hedgehog 100
The current global supply chain challenges have highlighted the importance of supply chain management, which could create opportunities for investors, and for ARA:-

13.4.22:-
" ...Withana though says there’s not one, but several key differentiators between Aura and its peers. “We are the only global renewable energy SPAC focused on the supply chain, and I would challenge anyone to tell us there’s an analogue to us on the London market because we know that’s not true,” says Withana ..."
HTTP://total-market-solutions.com/2022/04/aura-renewable-april-2022/


Indeed, as well as ARA, today's third highest riser RGP (up 13%) is also targeting supply chain management opportunities:-

15/09/2021 14:32 UKREG Ross Group PLC Half-year Report
" ... Throughout the COVID pandemic period, the Group has continued diligently researching and exploring specific supply chain management strategic opportunities; primarily involving potential start-ups, mergers, acquisitions and/or business alliances. ... "
https://uk.advfn.com/stock-market/london/ross-RGP/share-news/Ross-Group-PLC-Half-year-Report/86058008


RGP has a market cap. of £3.96M. at its current share price of 1.7p, over three times its last published assets, despite having zero interim revenue.

And last summer its share price traded at over double that.

Indeed early last year its share price nearly quadrupled in under two months, from 1.05p to 4.1p.

Posted at 09/6/2022 15:09 by hedgehog 100
CRES was suspended for a RTO this morning, at 3p, with an implied RTO price of 4.625p.

And like NZI's, it looks like a good one: a potentially large and high-grade gold project, with significant exploration work already conducted:-

09/06/2022 07:40 UK Regulatory (RNS & others) Citius Resources PLC Statement re. Suspension LSE:CRES Citius Resources Plc

"Proposed Transaction and Suspension of Listing

Citius Resources plc (the "Company" or "Citius"), an investment company listed on the London Stock Exchange, is pleased to announce that it has entered into a binding Heads of Terms with regard to the possible acquisition of 100% of the share capital of AUC Mining (U) Limited ("AUC') to be satisfied by the issue of New Ordinary Shares of the Company ('the Proposed Transaction').

AUC holds the Kamalenge Gold Project in the Mubende Gold District, Uganda. The Project has the potential to be a large and high-grade gold project based on preliminary due diligence of the exploration work completed by the Company and its consultants. AUC have completed extensive work and expenditures on the Project over recent years yielding substantial drilling and exploration data for the Company to advance.

Citius has agreed, subject to further due diligence, to acquire the entire share capital of AUC for total consideration of GBP2,000,000 (two million pounds), to be satisfied in full by the issue of 43,243,333,242 new shares of the Company at an implied price of GBP0.04625 per share ("Acquisition"). ..."

https://uk.advfn.com/stock-market/london/citius-resources-CRES/share-news/Citius-Resources-PLC-Statement-re-Suspension/88323962


This further shows the potential of shells in even challenging stock market conditions ... even when they have less cash backing that ARA's.

As at 31st. October 2021 CRES had £807,582 of cash, which by now of course will be less.

Whereas at its 3p suspension price today, it has a market cap. of £1.3M.

I.e. unlike ARA it was trading at a significant (albeit not huge) premium to cash: a significantly higher market cap. than ARA's, but with less cash.

But it has still arranged a conditional RTO at an implied premium of over 50% to its current s.p.

Posted at 08/6/2022 16:36 by hedgehog 100
It's interesting to compare ARA's value with that of another shell that floated recently, with a similar amount of cash to ARA: GSC (GS Chain).

GSC floated at 1p, but has risen to its current share price of 5.5p, despite not even announcing any news, giving it a market capitalisation of £22M.

Which is over £20M. more than ARA's current market cap.: £1.024M., at 9.75p.


13/05/2022 08:00 UK Regulatory (RNS & others) GS Chain PLC Admission to trading and first day of dealings LSE:GSC Gs Chain Plc

"GS Chain is pleased to announce that admission of its shares to trading on the London Stock Exchange's main market ("LSE") will take place and dealings will commence at 8.00 a.m. today, under the ticker GSC and ISIN number 984500K398M8C508B642.

The Company is direct listing 399,985,888 Ordinary Shares on the Official List. Market capitalisation at 1p is GBP3,999,858.88.

About GS Chain

GS Chain intends to identify opportunities within the technology sector, to conduct the necessary due diligence and subsequently complete an Acquisition. While the Directors will consider a broad range of technology sectors, those which the Directors believe will provide the greatest opportunity and which the Directors will initially focus on include the use of technologies in real estate, banking, finance, fintech, telecommunications, automotive and blockchain industries. The Directors may consider other sectors if they believe such sectors present a suitable opportunity for the Company.

The Company's objective is to generate attractive long term returns for Shareholders and to enhance value by supporting sustainable growth, Acquisitions and performance improvements within the acquired companies. The Directors will also use their knowledge and experience across a wide range of industry sectors in acquiring, investing and integrating businesses, which allows them to assess the viability of acquisition opportunities and their management teams, which is fundamental to finding the right Acquisition.

The Company's admission document is available to view on its website hxxps://gschain.world/"

https://uk.advfn.com/stock-market/london/gs-chain-GSC/share-news/GS-Chain-PLC-Admission-to-trading-and-first-day-of/88100632


GS Chain (GSC):

Posted at 07/6/2022 16:26 by hedgehog 100
Poor stock market conditions tend to make it harder to IPO, increasing the attractions of the RTO route, and increasing the bargaining power of shells like ARA.

And meanwhile, the valuations of RTO targets for shells tend to be depressed.

So ironically, the s.p.s of shells like ARA can become depressed at the same time as they are in effect becoming more valuable: more capable of cutting a cracking RTO deal on great terms - i.e. a better shell valuation and lower target valuation, and great quality targets.


Which makes a shell like ARA - with both great cash underpinning and great deal prospects - a great place to 'park funds' at the moment.

Many investors may wish to reduce their exposure to shares in companies with trading businesses, but holding cash for months doesn't give any real direct upside - certainly in the short term.

ARA though has both underpinning, and great potential upside - it could easily multibag from this level on a good deal.

And you don't have to worry about funds being tied up here for a while if you won't be using them anyway.

Posted at 07/6/2022 16:05 by hedgehog 100
Current share price 7th. June 2022: 9.75p
10,500,000 shares in issue
Market capitalisation: £1.024M.


13.4.22:-
"Withana describes Aura as a blank slate, one that makes one or several targets to become a substantial company. He says we’re talking “about 300, half a billion or higher in terms of size and market cap” and “our ambitions are to have a well traded, well covered and liquid stock.”"
https://total-market-solutions.com/2022/04/aura-renewable-april-2022/


"A Platform Focused on Global Renewable Energy

The scientific evidence of climate change, technological advancement, and increasing government support are expected to create attractive investment opportunities in the global renewable energy supply chain."

https://aurarenewables.com/


08/04/2022 08:00 UK Regulatory (RNS & others) Aura Renewable Acquisitions PLC Initial admission - Offcl Lst LSE:ARA Aura Renewable Acquisitions Plc

"Admission to listing on the Official List and to trading on the London Stock Exchange

Aura (LSE: ARA) is pleased to announce that its entire issued ordinary share capital of 10,500,000 ordinary shares of GBP0.01 each ("Ordinary Shares") has today been admitted to listing on the standard segment of the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of London Stock Exchange plc under the TIDM "ARA" ("Admission").

The Company will pursue opportunities to acquire businesses in the renewable energy sector. The Company intends to consider opportunities within the renewable energy sector focusing on businesses operating in the global renewable energy sector supply chain, particularly participants in the wind, solar, biomass, hydropower and green hydrogen supply chain ranging from raw materials resourcing to power generation, energy storage and recycling.

Prior to Admission, the Company had in issue 500,000 Ordinary Shares and at Admission issued a further 10,000,000 new Ordinary Shares at an issue price of 10 pence per Ordinary Share, by way of a placing of 9,000,000 Ordinary Shares and subscription of 1,000,000 Ordinary Shares, raising gross proceeds of GBP1,000,000.

Following Admission, the total number of Ordinary Shares in issue will be 10,500,000 and this number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Aura is a public limited company incorporated in England and Wales with company number 13723431. The Ordinary Shares are registered with ISIN GB00BKPH9N11, SEDOL code BKPH9N1, TIDM "ARA" and LEI 894500XA241IB9HL7147.

- Ends -

For further information please contact:

Aura Renewable Acquisitions plc
John Croft +44 (0)20 8004 8643
Shard Capital Partners LLP - Broker
and Placing Agent
Damon Heath +44 (0)207 186 9952
DMH Stallard LLP - Solicitors to the
Company
Nick Williams +44 (0)20 7822 1523"

https://uk.advfn.com/stock-market/london/aura-renewable-acquisiti-ARA/share-news/Aura-Renewable-Acquisitions-PLC-Initial-admission/87790461

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