Conduity Capital Share Discussion Threads

[boxerdogz] 29/12/2021 14:12

There is the potential for a near-term valuation uplift here as in August last year Smarttech247 announced it would seek a listing by way of a reverse takeover of AIM listed Conduity Capital, at a valuation, “…significantly higher than the valuation at which RGO invested at earlier in the year”. The deal is currently ongoing.

RGO related to CCAP . Nick Lee

Happy new year to all

[boxerdogz] 16/12/2021 10:59

Interview with Nick Lee. #PIRI #RGO #CCAP mention of smarttech247 IPO toward end of interview

[kaos3] 25/11/2021 06:09

would be good if they speed up smarttech247 ipo. I am in many cyber security stocks - they are all getting weak and weaker.

[kaos3] 25/11/2021 05:42

progressing well it seems - good to know for the other (same investments) fronts - my Q is only - which way is optimal - there must be only one best way regarding the same end goal. which vehicle is best atm?

[andre] 08/11/2021 14:16

Nobody knows. But as directors are also involved in other businesses which are also big on promises and slow in actually doing anything, I wouldn't be holding my breath. Thinking of Pires and Low6 IPO in particular. Supposed to be Q1 2021. No sign of that either. They have had a year now since the AGM Oct 2020. All they have achieved is a delisting IMHO.

[bakedbean] 08/11/2021 09:15

Bloody hell ... has anybody heard anything .. this is a long wait . Just hope it's worth it

[bakedbean] 02/11/2021 11:02

Anyone know if anything going to happen.. timeframe ?

[andre] 22/10/2021 12:14

Hi HH. It only corresponds if you believe Boxer is SPJ. He talks like an angry teenager, not someone who has £450K to put into a cash shell - as part of his portfolio. IMO fantasist is closer. More concerning is the news that CCAP can no longer be in an ISA as it is delisted. Luckily nobody can trade it anyway right now whilst we all sit and wait on ever-delayed good news.

[onsideman] 21/10/2021 12:19

So just been notified that as it's delisted it no longer qualifies to be held in an ISA. I don't hold enough for it to make a huge difference to me but if it goes through it might throw a few out

[hedgehog 100] 20/10/2021 16:05

Andre,

Yes, there are fantasists out there, but Boxerdogz's claim of a 12% holding here does correspond to CCAP's website, who would check the holding:

"Significant Shareholders
As at 12 August 2021, as far as the Directors are aware, the following shareholders are Company Directors or interested in 3% or more of the issued share capital of the Company.
Shareholder Name Number of Shares % Holding
Steven Paul Jones 19,567,365 11.99%
Greg Collier 1,656,225 1.02%
Nicholas Lee 1,500,000 0.92%"

[andre] 20/10/2021 14:54

And my point is made. ?

[boxerdogz] 19/10/2021 18:50

Have Abdre the window licker filtered . bless him

[andre] 18/10/2021 22:57

Alternatively, you could just believe that Boxer is full of nonsense. He certainly doesn't talk like someone who invests more than his student loan.

[boxerdogz] 17/10/2021 13:30

HedgeHog My pockets are very deep indeed

You missed that I also have 300 Grand split between PIRI and RGO

These are just my AIM speculative investments apart from my FTSE divi / funds and other investments ( not stock market related )

Yes I'm very rich and very happy and it's great to be me !

Good luck to you, hedgehogz have a tough time of of it what with road kill and lack of hedgez

Fancy a worm or two ?

[kemche] 17/10/2021 13:23

"Of course, smarttech247.com could always see to reverse into OSI instead!"

Of course!

[hedgehog 100] 17/10/2021 13:06

Boxerdogz 4 Aug '21 - 07:17 - 259 of 325 0 0 0
"Well yesterday with 100 grand in spc and today with 500 grand in ccap things are looking up.
Patience of a saint me
High risk high reward for both of these.
Hoping both rtos pass through smoothly"

Boxerdogz 8 Oct '21 - 13:52 - 308 of 325 0 1 0
" ... Simple search of Nick Lee's directorships and interests bodes very well for the RTO. All IMHO ,CCAP , RGO , PIRI , quick search companies house confirms
BTW I am the largest significant holder of CCAP shares and hold just under 12% as per conduity website.
IMO It's no coincidence RGO invested 1.4 million in smartech247. Just saying
DYOR"

"Significant Shareholders
As at 12 August 2021, as far as the Directors are aware, the following shareholders are Company Directors or interested in 3% or more of the issued share capital of the Company.
Shareholder Name Number of Shares % Holding
Steven Paul Jones 19,567,365 11.99%
Greg Collier 1,656,225 1.02%
Nicholas Lee 1,500,000 0.92%"



Boxerdogz,

I'm not certain which of the two CCAP directors you're referring to, but I presume Nicholas Lee?

My only experience of investing with either of them was in a Nicholas Lee company: the NEW shell several years ago.

The planned RTO was aborted, NEW delisted, and shareholders lost all their money.


Fortunately I had invested under £1,000, compared to your half million quid invested here (currently worth about £200K. at the suspension price).

I hope that you are a very rich multi-millionaire, and can afford to be 'gambling' such large amounts in small, speculative shell companies.

[boxerdogz] 16/10/2021 19:29

Hedgehog I think if you research a certain CCAP director , his other interests and his expertise in raising finance etc etc , you'll find your answers

[hedgehog 100] 16/10/2021 13:57

Boxerdogz,

There's a degree of similarity to 'relisting' v. desuspending where the desuspension would be reliant on completing a RTO, as in this case.
That perhaps is what CCAP is getting at.

But the relisting has extra costs and compliance issues.

I think that a key issue will be whether Smarttech24 think that CCAP's management can add significant value, due to their contacts and expertise, such that they particularly want to work with them.

[kemche] 15/10/2021 16:55

HH - it's all just too awful for words!

[boxerdogz] 15/10/2021 16:35

Not what I,ve been told

[hedgehog 100] 15/10/2021 12:42

04/08/2021 07:00 UKREG Conduity Capital PLC Proposed reverse takeover of Smarttech247
"... Given the status of the Company's progress with the Proposed Acquisition and the time needed to complete the necessary due diligence and relevant documentation to effect a RTO, even if it decided to proceed, it may not be able to complete this process before Cancellation. In these circumstances, the Directors may decide to complete the Proposed Acquisition after Cancellation and seek to re-apply to join AIM.
.. Ronan Murphy , Chief Executive of Smarttech247, said:
"We are very pleased to have been introduced to Conduity by our advisers, Fortified Advisory, as a potential party to help achieve a listing for Smarttech247 via a RTO. ..." ..."



Boxerdogz,

When the intended RTO was announced on 4th. August, the delisting was just flagged up as a possibility, not as an expectation.

And at the same time, Smarttech24 said that they wanted to list via a RTO.

Desuspension is different from a relisting: suspended shares are still listed, just not being traded.

Conversely, once a share is delisted, it has to go through the same new issue application process to relist as any other unlisted company - it can't bypass it just because it was previously listed.

But obviously it's in the interests of CCAP to play down the implications of delisting.

And I wonder if Smarttech24 fully understood those implications?