After today’s Initial Public Offering and successful acquisition of its assets in Italy we discuss why the company was able to acquire the producing assets. We talked about the listing on the AIM market and why it was unloved on the ASX market under its former name of Po Valley Energy. We speak about current production, the near term additional production plans and bringing a third well into production by the end of the year.
Snap has given further insight into its initial public offering (IPO) plans today, confirming that it plans to sell 200 million class A shares at between $14 and $16 dollars each.
Snapchats Initial public offering could come as soon as March and value Snapchat at $20bn to $25bn, making it one of the biggest technology offerings in recent years, having filed confidentially with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO), sources familiar with the situation have stated.
2016 was the quietest year for initial public offerings (IPOs) in the UK since 2009. The uncertainty following the result of the EU referendum stalled a number of planned IPOs, but the slowdown wasn’t confined to the UK. The US also saw the number of companies going public falling to seven-year lows. The wider slowdown has a number of causes. Low interest rates make debt more attractive to companies looking for funding, while market turmoil early in the year, as well as political uncertainty surrounding the US election, will both have played a part.
However, with interest rates rising in the US and stock markets hitting record highs, 2017 could see issuing shares return as a popular way to raise funds. With that in mind we look at four companies rumoured to be eyeing the stock market.
Angus Energy is an independent onshore oil and gas development company focused on advancing its portfolio of licensed UK assets.
We are a team of petroleum industry specialists with a proven track record of operational excellence and fiscal discipline meeting the energy demands of the United Kingdom without utilizing hydraulic fracturing.
Angus Energy’s operated production fields provide conventional, low-risk exploration production opportunities that are cash flow efficient.
Angus Energy owns and operates conventional production fields in Brockham and Lidsey, and we present their IPO presentation.
LSE Share Talk spoke with Joao Andrade, CEO of WideCells Group with regards to their ground breaking IPO on the London Stock Exchange. In addition, to glean how with first mover advantage, the global stem cell services provider intends to enable affordable access to stem cell treatments globally. Joao also provides detail about the company’s innovative CellPlan, the world’s first global stem cell healthcare plan.
Mkango is a rare earth element (REE) company based in Malawi which is a proven area in the resources market, the area has good working relationships with other countries and has good political and local amenities for the mining sector such as transport and energy needs and requirements. Mkango has been listed on the TSX exchange for a number of years and has recently listed on the London Alternative Investment Market, 15 Jun 2016 http://www.investegate.co.uk/mkango-resources-ltd–mka-/rns/mkango-resources-announces-first-day-of-trading/201606150700092060B/
Raising gross proceeds of £1 million (approximately C$1.8 million) (the “Placing”). Under the terms of the Placing, the Corporation has issued 30,303,030 units (the “Units”) at a price of 3.3 pence per Unit with a Market Cap of £2.3 Million, Mkango trades on AIM market under the ticker symbol MKA.
Sitting from left to right: Derek Linfield (Non-Executive Chairman) Alex Lemon ( Co- founder -President) William Dawes (Co – founder -CEO) speak to Share Talk about Mkango Resources admission to the London Alternative Investment Market 15th June 2016.
Mkango Resources Ltd. (TSX-V / AIM: MKA) is a Canadian dual TSX-V and AIM listed mineral exploration and development company focused on rare earth elements (REE) and associated minerals in the Republic of Malawi, a country whose hospitable people have earned it a reputation as “the warm heart of Africa”. It holds through its wholly owned subsidiary Lancaster Exploration Limited a 100% interest in two exclusive prospecting licenses in southern Malawi. The Corporation’s corporate strategy is to further develop the Songwe Hill rare earth deposit and secure additional rare earth element and other mineral opportunities.