Blue Star Capital Takeover Rumours (BLU)

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Blue Star Capital Takeover Forum Posts

19-11-2020
Okspookie I'm nobodies errand boy. I might have a new account, but I've been lurking long enough to know you're not welcome on either board. You offer nothing other than an argument. I had genuine questions on the other thread which were unwelcome because they obviously require a level of understanding beyond baseless dampers. If you have a shred of the intelligence you think you have, could you please explain how the £150m Leaf takeover is actually a £73m transaction?
16-11-2020
Thanks. It's probably a standard RTO but this part makes no sense to me "LEAF will acquire ESG for $150 million, the payment of which will be comprised of $50 million in cash, and that number of LEAF common shares that will represent 50% of the issued and outstanding LEAF" Leaf are acquiring ESG for $150, by handing over $50m cash plus 50% of Leaf shares which is $23.5m based on the current market cap of $47m A $150m takeover, which appears to add up to $73m? I don't understand who gains from this. Are Leaf undervalued or overpaying? I don't understand if this is a good or bad thing
https://www.bctechnology.com/news/2020/10/9/Leaf-Mobile-Signs-LOI-to-Acquire-Vancouver-based-Mobile-Gaming-Company-East-Side-Games-in-Reverse-Takeover-for-150-Million.cfm This also explains it quite well I think and stresses that it is nor settled yet.
'According to the today's reverse takeover announcement, LEAF will acquire ESG for $150 million, the payment of which will be comprised of $50 million in cash, and that number of LEAF common shares that will represent 50% of the issued and outstanding LEAF shares on closing.7 Oct 2020'
Evening All, I have a newbie question if someone could please explain. Blu have holding in Leaf, which is taking over East Side Games as a Reverse Takeover. What does that mean for Blu and their holding? Is it a diluted share of Leaf, or an enhanced share of East Side? TIA
19-09-2020
Saturday September 19 2020, 8.00 pm , The Times Canaccord Genuity reveal their top aim takeover targets https://tinyurl.com/y4x6ckff
09-09-2020
Currently UP 6.7% on volume of 22 million. 0.252 was paid twice in early trades which is good to see. I think 0.25 is an important psychological point as it was the price BLU was suspended at pending a reverse takeover of Satochipay which didn’t happen. A move through 0.25 will see new BLU firmly back on track with esports firmly in the driving seat and building serious value. This morning’s news is a very important landmark.
17-08-2020
Moving up nicely now on what is still modest volume for BLU of 12.2 million as the offer moves to 0.25. Currently UP 9.5%. BLU has come along way since it was at 0.25 when the Satochipay reverse takeover was being attempted but I think reaching 0.25 again will be quite a landmark in the recovery process.
28-05-2020
they had better start standing on their own two feet pretty sharpish. With those figures there might be interest of a takeover... from either JustGiviing or GoFundMe........They could rename to Satoship̶a̶y̶ Raise
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