Audioboom Share Discussion Threads

[hazl] 24/9/2021 15:32

So pleased with BOOM management.

[buggy] 24/9/2021 15:16

We may break £11 today? I can't wait to see what the Q3 results in about 3 weeks will do to the share price.

[melegramforttongo] 24/9/2021 14:51

Not sure it will do it (£12) on this current surge , but certainly not complaining.

[master rsi] 24/9/2021 14:49

already at 1060 v 1090p +50p

not able to buy large amounts

[master rsi] 24/9/2021 14:23

Ready to go better

MM Marex is biding 5,000 @ 1046p

Any buy is for small amounts 500 share at full offer 1060p

[melegramforttongo] 23/9/2021 16:09

Come on son …
Refreshments at £12 GBP ..
You can do it ….

[bagpuss lives] 23/9/2021 16:08

Bloody keyboard

[bagpuss lives] 23/9/2021 16:08

Bloody keyboard

[master rsi] 23/9/2021 15:57

I would say 17,500 buy @ 1030p at 15:33:00

[bagpuss lives] 23/9/2021 15:40

!7.5k at 1030 just gone through now 1050 to buy.

[master rsi] 23/9/2021 15:37

From the "UPS" thread .....

Master RSI 23 Sep '21 - 15:34 - 376 of 376 Edit
BREAKOUT

BOOM 1020p
Has gone over the previous intraday high

[hazl] 23/9/2021 15:35

I thought that at 0.5p for MOS buggy....what a day!

[buggy] 22/9/2021 10:12

I expected a bit more resistance at £10. I thought a few people will sell at the magic number of a cool £10 per share.

If we get to £15 and there is still no immediate buyer, I wouldn't mind a 2 for 1 share split to try and bring liquidity back to the share. That will also, in my opinion, help drive the share to approx. £20 fairly quickly. [ If the split shares moves back to £10]. The outstanding share will still only be about 32M after the share split.

[master rsi] 22/9/2021 09:29

Large volume, much higher than all day yesterday, as is rising today

[wooty01] 22/9/2021 08:18

It's shown as a sell - but probably just an IT glitch

[bagpuss lives] 22/9/2021 08:17

Well there's Master RSI's 25k buy.

[mdchand] 21/9/2021 23:54

inverted head and shoulders would suggest a push past 10 is inevitable. will it be this week or when we get the next earnings upgrade :-)

[buggy] 21/9/2021 17:56

Wooty,

The language can sometimes been convoluted. But I will try to split it into components. When you have a Buyer you must have a seller >> One end of a business is a SALE the other is a BUY.


Initial Sale and Purchase Agreement: 15th Feb 2021 (between Sentiance AAQUA and MESH) >>> Who is Selling Sentience, Who is purchasing AAQUA and MESH. [ Sale and Purchase agreement signed]

AAA has been informed by MESH Holdings plc (‘MESH’) and AAQUA BV (‘AAQUA’) that they have entered into a definitive sale and purchase agreement (‘SPA’) to acquire Sentiance NV (‘Sentiance217;). Upon completion, MESH will increase its holding in Sentiance to 80% on a fully diluted basis, with the remaining
20% on a fully diluted basis owned by AAQUA.


Second Distribution Agreement. 9th March 2021( between AAQU and MESH ): [ Sale and Purchase is still extant but the Purchasers just redistributed the purchase differently between themselves)

Further to the announcement of 15 February 2021, AAA has been informed by MESH Holdings plc ('MESH') and AAQUA BV ('AAQUA') that the sale and purchase agreement (‘the Original SPA') to acquire Sentiance NV ('Sentiance’) has been amended. Under the revised agreement (‘the Revised SPA’), 100% of Sentiance will still be acquired by AAQUA and MESH, but in different proportions. AAQUA will now acquire a significant majority equity holding in Sentiance, rather than the 20% envisaged under the Original SPA


Hopefully the understanding that you can't have a purchase without a sale helps explain it.

When you go into a shop to buy something, the shop is a vendor: They are conducting a Sale.
You are a customer: You are conducting a Purchase.
Your receipt is basic form of contract to your Sale and Purchase agreement. You agreed to buy the materials at a certain price, usually marked on the item, and they agreed to sell you the item for that price.

[wooty01] 21/9/2021 17:27

Buggy,Your post seemed to explain very clearly the situation on Sentiance acquisition. However, if Mesh had originally the option to acquire Sentiance which it the sold to AAA, how does this square with 9th March 2021 announcement that Mesh and AAQUA had entered into a sales and purchase agreement on acquiring Sentiance. This is not a trick question! But if AAA come back with another offer - higher and more liquid of course - then this is relevant to Boom shareholders.

[buggy] 21/9/2021 16:53

RSI,

Saw that in LSE, the issue is that some owners of AAA are not even sure of what they own. I am not an AAA shareholder, but I had to do some research to find out what I may be getting when AAA made a play for BOOM.

The first bit about acquiring 75% of Sentience is correct, the last bit about absorbing MESH is wrong. The option to buy Sentience was by AAQA and MESH . AAQUA relinquished this right to MESH and in turn MESH sold the rights to AAA on two conditions:
(a) AAA cancels the Euro 3.65M loan it gave to MESH which could have been converted to MESH shares.
(b) AAA allots 500M ordinary AAA shares to MESH.


Below is the statement from AAA regarding the acquisition:

"
The Sentiance Acquisition
On 9 March 2021, MESH Holdings plc ('MESH') and AAQUA B.V. (‘AAQUA’) agreed a sale and
purchase agreement whereby AAQUA would acquire a significant majority equity holding in
Sentiance with MESH acquiring the balance.
By an agreement dated 1 July 2021, (i) AAQUA has relinquished its rights as purchaser in favour
of MESH and (ii) MESH has agreed to assign to AAA its right to be registered as the purchaser
of the Sentiance shares (the ‘Acquisition’) in consideration of AAA (a) issuing and allotting to
MESH or as MESH directs 500 million new Ordinary Shares (the ‘Consideration Shares’) and (b)
setting off the loan totalling €3.65 million made by the Company to MESH in November and
December 2020 against the consideration for the Acquisition. Upon completion of the Acquisition,
AAA will own at least 75% of the equity of Sentiance, with the balance owned by AAQUA.


In short MESH remains an independent company. AAA has only 3 companies in their portfolio:
1. AAQUA
2. SENTIANCE
3. ASIMILAR GROUP PLC ( Asimilar Group owns 24Million shares in MESH Holding , so AAA has some exposure to MESH through this share holding)

Personally, for varying reasons, I would not have chosen to invest in any of these companies as I do not see a future for them, which is why I was against the proposed acquisition in AAA shares. The idea behind some of these companies are good, but they are still in the very early stage and there are so many others in the space that are already at commercialisation stage.

[master rsi] 21/9/2021 16:37

From LSE

"AAA are expecting to complete a 75% acquisition of Sentiance NV by 30 September absorbing MESH Holdings at the same time. This should enable them to relist from a position of strength."

[buggy] 21/9/2021 16:00

I hope that if there was a buyer of 25K shares that that would have blown the price well above £10.

If it is £25K then that is only about 2600 shares.

[master rsi] 21/9/2021 15:30

An hour ago before moving higher there were rumours of a buyer of 25K