Abal Share Discussion Threads

[chimers] 27/9/2019 12:00

Supply@ME has developed an innovative, proprietary, digital system which underpins a fintech platform that enables customer companies to carry out "inventory monetisation" transactions by transferring their unsold stock of goods to Supply@ME. This allows customers to strengthen their balance sheets while maintaining the availability of the stock of such goods so as to continue to sell them to their end customers.

[chimers] 27/9/2019 11:59

The Company also proposes to undertake a placing of new ordinary shares to raise new monies to provide additional funding to cover the costs of the proposed transaction and to provide working and development capital to the Company following the proposed transaction's completion.

[chimers] 27/9/2019 11:58

So.........

It's an RTO

There is to be a PLACING TO FUND IT


How much are we being fisted by?

[chimers] 27/9/2019 11:55

Is it any good though is the question?

[chimers] 27/9/2019 11:54

Abal announces that it has entered into a conditional share sale and purchase agreement (the "Agreement") to acquire the entire issued and to be issued share capital of Supply@ME S.r.l., ("Supply@ME").

[chimers] 27/9/2019 11:53

HEH HEH HEH I always said it would happen.............phfffssss I did too.

[godolphin] 27/9/2019 11:45

RNS about the deal!

[pilkersa] 27/9/2019 11:45

And there we have it. All on track.....

[chimers] 27/9/2019 10:42

The CEO.
Simon Charles.

[cufes2] 27/9/2019 10:35

Told by who?

[chimers] 26/9/2019 15:14

Was told it was sorted but clearly just lied to.

[pilkersa] 26/9/2019 15:06

No sure how you reached that conclusion given that there has been no update either way... Still plenty of time to get something done.

[still waiting] 12/9/2019 11:58

just need this to conclude something now..

[stark industries] 10/9/2019 00:16

Should hear news by the 22nd

[still waiting] 09/9/2019 14:58

as long as its sorted, a small delay is neither here nor there now..

[canoncan] 09/9/2019 14:56

I stand by what I said but admit I may have been a bit presumptuous.

A deal has indeed been done that you can take to the bank.

When will we get news ? well NOW more or less.

Anytime now it will be announced, now if that is today or the end of the week well
I'm not going to try and predict again but it has a deal.

What that deal is I have no idea that's where you lot come in.
Do any of you know what we were trying to do, I mean for real not just what you would have hoped for?

I expect we shall know quite soon.

[yorgi] 05/9/2019 23:37

Let’s hope you are right Canoncan 😊

It certainly seems quite feasible that news is imminent and he is no longer required on what would be a new BOD. The update we had a month ago told us they were “currently in an advanced negotiations” so it is quite possible. We will see what tomorrow or Monday brings.

[still waiting] 05/9/2019 21:40

He was kept on until a deal was sorted I think..

Ready and abal ?

[+eysenck] 05/9/2019 21:11

Hi canoncan, what an interesting post. Care to elaborate? Is your belief that mr Taylor is resigning in order to take up a position in the company involved in the RTO?

[canoncan] 05/9/2019 17:46

It has been sorted, news quite likely tomorrow.
Good Luck everyone.

[chimers] 04/9/2019 20:20

Anything happening here yet have they done a deal?