B90 Share Discussion Threads

[doom loop] 30/3/2021 23:06

prepared for the forward selling and getting diluted by 73% something

[doom loop] 30/3/2021 23:04

The Convertible Loan is convertible at any time by the investors at a price of 5p per new Ordinary Share. The Convertible Loan will automatically convert into Ordinary Shares at 5p per Ordinary Share if the closing mid-market price of an Ordinary Share is 10p or more for 25 consecutive business days. Should the convertible loans in their entirety be converted, this would result in the issue of 75,250,000 new Ordinary Shares, representing 73.2% of the Company's current issued share capital, following the issue of the Conversion Shares, as defined below.

As announced on 17 March 2021, the Company has agreed with certain creditors that an aggregate amount of approximately EUR400,600 (or approximately GBP345,500) will be converted into 6,917,130 new Ordinary Shares (the "Conversion Shares") at a price at 5p per share (the "Conversion").

[letmepass] 30/3/2021 21:20

B90 Holdings plc (AIM: B90), the sportsbook operator and online marketing company for the gaming industry, is pleased to announce that it has raised GBP1.1 million (before expenses) through a subscription of 7,796,427 new ordinary shares of no par value ("Ordinary Shares") (the "Subscription Shares") with certain existing and new investors at a price of 14 pence per share (the "Issue Price") (the " Subscription ").In addition, the Company is pleased to announce that it has entered into affiliate agreements with RB Journalism SIA (trading as oddsen.nu) ("Oddsen") and E-2 Communications Ltd ("E2") to access potential new customers for, and drive additional traffic to, the Bet90 platform.The SubscriptionThe Company has raised GBP1.1 million via a subscription for the Subscription Shares at the Issue Price. The Issue Price represents a 1.8 per cent. premium to the Company's closing

[broken record] 30/3/2021 19:16

So they got 1.1m funding miraculously at 14p 😎 to pump the sp, so that next 15 days, 75m shares can be converted at 5p. 

So let's get funding at a premium, 1.1m squids, and let's suck the mugs in, and while on the way up, forward sell and then bang in 15 days of conversion.


75m shares bought at 5p get sold above 15p, 20p, 25p. Invest £1.1m (sucker the mugs) and make 15m-20m dumping conversion shares to the mugs. Not a bad scheme.
Again, can anyone explain how a bin bag company gets funding at 14p? not at a discount.

Big red alert should be flashing now.


sell shares and stop the conversion, the ones who have been impaled at 38p, as 5p will come.

[kemche] 30/3/2021 10:57

Big buy order being worked in the background. TOPS accumulating.

[richardp19] 30/3/2021 10:44

People are trying to sell out now no more buying a few caught on the spike

[alexios1201] 30/3/2021 10:15

Dave the clown bot this is why is quiet Boom

[billthebank] 30/3/2021 10:03

This will be on the 20s soon enough

[bad robot] 30/3/2021 10:01

Good morning

There's total 226K shares of delayed sells (in a few lots) will start to appear 9.25AM. Perhaps by end of the day I would have got 20p+. "the One" always leaves a big chunk for his friends and subjects.


BR is happy to have make some money for once. My average was sub 13.50p. I brought the bacon home today, so I am off to bone my bird.


BR
IN BR WE TRUST
RED MERCURY CREW

[smraynot] 30/3/2021 10:00

A dark horse imhho. Taken a small punt at 18p. Fund raising oversubscribed tells a story.🔵€309;🔵㈞9;🔵

[babbler] 30/3/2021 09:27

BoooomPlay the game.

[letmepass] 30/3/2021 09:21

Hahaha dave4545 is here

[richardp19] 30/3/2021 09:17

Pumpers are out trying to inflate thendog

[letmepass] 30/3/2021 09:15

Can see this in the 20s by t the end of the week

[imjustdandy] 30/3/2021 09:01

De risking continues. Hot sector and shares could go to the moon

[kemche] 30/3/2021 08:52

Results to June 2020, the last available as we await the joys of the accounts to the year ended Dec 2020, revealed the following:



-- Completed raising of EUR515,000 through the issue of convertible loan notes during the period to provide working capital

- Raised a further EUR450,000 in September 2020, EUR700,000 in December 2020 and EUR1,847,000 in March 2021, each in the form of a convertible loan

But the creditors stood at a massive:

Trade and other payables Euros 4,535,194


So that question that everyone must be asking is - when is the next fundraising? They seem to have one every six weeks approximately.

[golden number] 30/3/2021 08:31

very strange price reaction, mms keeping a control on the price, and not allowing many buys.

Perhaps smaller rise then let it go at faster rate later on. They are not allowing volatiliy

1.1m raised at 14p is significant.

I think 20p will be seen today.

[golden number] 30/3/2021 08:28

New Affiliate Agreements

B90 Holdings plc (AIM: B90), the sportsbook operator and online marketing company for the gaming industry, is pleased to announce that it has raised GBP1.1 million (before expenses) through a subscription of 7,796,427 new ordinary shares of no par value ("Ordinary Shares") (the "Subscription Shares") with certain existing and new investors at a price of 14 pence per share (the "Issue Price") (the " Subscription ").

In addition, the Company is pleased to announce that it has entered into affiliate agreements with RB Journalism SIA (trading as oddsen.nu) ("Oddsen") and E-2 Communications Ltd ("E2") to access potential new customers for, and drive additional traffic to, the Bet90 platform.

The Subscription

The Company has raised GBP1.1 million via a subscription for the Subscription Shares at the Issue Price. The Issue Price represents a 1.8 per cent. premium to the Company's closing middle market share price of 13.75 pence on 29 March 20 21 , being the last practicable business day prior to this announcement. The Subscription Shares represent 7.6% of the Company's existing issued share capital. The Subscription is conditional on, inter alia, Admission (as defined below).

[babbler] 30/3/2021 08:20

14p. So much for 5p eh?

[kemche] 30/3/2021 07:47

Expecting a whoosh on the back of that.
What a surprising fundraise to pay creditors.

[richardp19] 29/3/2021 13:01

Still waiting Bob

[bob1995] 24/3/2021 23:12

Waiting for the next wave. Should be hitting 30p. Warrants available after 20days above 10p. Can see this much higher over the comobg weeks.