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Showing posts from June, 2025

[UPDATE 12.40HRS] Today's AGM and Director nominations

Given the current state of correspondence with the Directors of the Albion VCTs including over the misuse of "virtual" AGMs ...... ...... it has been concluded by all interested persons that the only practical approach to secure removal of all the miscreant Directors of all the Albion VCTs is to let the High Court decide on 15 October whether to uphold the application by the Directors of AATG to prevent solicitation of it's members to remove them from office, and then to use the subsequent Albion Crown AGM to full and forceful effect. An interesting autumn beckons. All other as yet unpublished disclosures in the High Court proceedings will be available in time for the CRWN AGM. The AAEV AGM should be interesting - to use a neutral word. [UPDATE] Well that was exciting... all over in 35 minutes. I was unable to log in to the LUMI platform for some unexplained technical reason so could not ask questions on the accounts, but was permitted to view as a Guest. 1.  The Chairman...

Ahead of tomorrow's AGM - interesting to analyse the valuations of investments.

1.. Why do so many of the entire annual gains for AATG fall in the 10 days after the merger with KAY? Were the shareholders defrauded? Who knew what and when?     It seems inherently implausible that the net £1m uplift in the Academia holding (entirely KAY) should not have been reflected in the merger terms.     There are other examples. Looks a bit like pre-booking income for fee purposes and PR. 2.  OVIVA : (3rd largest asset) Now here is an interesting case - the entirety of the gains since original investment are solely revaluations arising from £stg collapse against Swiss Franc.             What is OVIVA's present state with the NHS? Reports seem to vary. Worldwide Turnover is still reported as <25m. 3. PHASECRAFT seems that there is a 50% anticipatory uplift ahead of the recent Series B issue in May. Who knew what and when? Will the balance be claimed tomorrow in the 1/4ly update? 4. GRAVITEE TOPCO (2nd largest ...