Rhythmone Share Discussion Threads

[barkboo] 11/1/2018 14:08

I think the buying will happen - the math dont stack at the moment!

[kendonagasaki] 11/1/2018 13:47

Getting things into place i reckon Sikh!Then taking private for a fiver imo?

[lance corporal winstanley ash] 11/1/2018 13:45

Big buy just gone through.

[sikhthetech] 11/1/2018 13:23

so Tosca have 7% of Yume...surprise, surprise...
as mentioned before, IIs getting cash from 1R then cash and large holding and control after deal completed with Yume....

1R left with debt in a challenging environment...




2oco11 Jan '18 - 12:25 - 11841 of 11846
0 2 0

Somebody wants more if the combined company.

[barkboo] 11/1/2018 13:21

Btw - as far as I am aware of, all those that I know..are still invested Yume, not two way trading.

[barkboo] 11/1/2018 13:19

Gordon - I am not into the traders theory as much as you, but you could be correct?
I think a position [RTHM/Yume] was available at a ridiculous price.

Myself, family and friends took advantage - I think a number of large RTHM investors played the same hand?

[1gw] 11/1/2018 12:54

So to add to my post 11833 on relative price action, it looks to me that the story over recent days might have been:

At US open, with a big arb available, arb traders sell Yume and buy R1. Yume price falls (but R1 price doesn't seem to rise) until arb has decreased to a relatively small level. Then Toscafund starts buying YuMe, taking the arb back up again.

The remaining question is why the R1 price hasn't been rising significantly on the US open. Has RG been selling into the rise perhaps?

[barkboo] 11/1/2018 12:47

All rather sounds like a corner?

[1gw] 11/1/2018 12:34

And Toscafund apparently picking up 7% of Yume would seem to explain the relative strength of the Yume shareprice recently.

Great news, I think. Given the size of the stake they've picked up I wonder if they've bought out Edenbrook?

[2oco] 11/1/2018 12:29

31 percent commuted to the deal and now another 7 percent for approval we expect.

[sikhthetech] 11/1/2018 12:28

Complying with the new EU data protection directive requires a top-to-bottom redo of the adtech industry

[2oco] 11/1/2018 12:25

Somebody wants more if the combined company.

[barkboo] 11/1/2018 10:15

Stocky - RG is a strong guy that you don't mess with..ex rugby pro and farmer, you don't make his kinda money without stepping on a few toes.

He spent time and effort collecting a lot of stock, we know - do you think he is letting it go at an exciting time like this, and for nothing.....my gut tells me he is a player against the aim..or someone has made him an offer he can't refuse?

RTHM has not moved today - that can't be right..what is your view?

[kendonagasaki] 11/1/2018 08:37

Morning! Rent a Gimp!

[loafofbread] 11/1/2018 08:20

$4.80 equates to £3.00+ so you can only assume those buyers see much higher value going forward (as we all do).

Lets hope the TU is the kicker we need to get move this above £3.00, or Amazon taking a 5% holding!

[geheimnis2] 11/1/2018 08:15

lol interesting posts there from Kendo, Barky!

[kendonagasaki] 11/1/2018 08:14

Amazing how Barky can pull out old posts in an instance?I'm sure the FCA would be interested in who he really works for?He is definitely a dishonest crook.

[stocky] 11/1/2018 07:52

Maybe when RG has finished offloading, there will be a bounce.

[football] 10/1/2018 22:48

7 Bold Social Media Predictions for 2018
JANUARY 10, 2018 by David Neuman

[barkboo] 10/1/2018 22:32

Or could it be that the aim is very easy to manipulate - the Yankee markets are now as straight as you will ever get.

Those that want the RTHM share price high now realise that the better move is to buy Yume and force a reaction.

Moving the RTHM share price in a market that can operate other than supply and demand can be very costly.....hence the company itself rejecting a buyback...even at silly money - which I have always agreed with..the aim stinks!

Scaffolders warned of a very big Yume swing - they are never wrong!

[1gw] 10/1/2018 22:06

The relative price action on R1 and YuMe continues to puzzle (me at least).

Recently YuMe seems to fall on the US open and then recover later in the day. The initial fall is entirely consistent with arbitrage activity - there's a relatively huge premium on offer (IMO) selling YuMe and buying R1 if you think the offer is almost bound to go through on the current terms. Especially since you get a "carry" by selling YuMe because of the cash element of the deal. The curious thing, though, is that while the initial selling of YuMe drives down the YuMe price, the corresponding buying of R1 (if that is what is happening) doesn't seem to take the R1 price up.

To put numbers on it, at the respective closes of £2.80 R1, $4.80 YuMe and xrate £1=$1.351, the arb is over 7% in YuMe's favour ("negative" arb). i.e. the theoretical deal price is $4.47, but YuMe is trading 7% higher at $4.80. This seems crazy to me, unless you think there is a good chance of a higher offer for YuMe. But Edenbrook appear to have gone to ground so I can't see any public evidence to support that theory.

At the YuMe low point today, when YuMe was around $4.56 the arb was a more reasonable 2% (still negative).

What I think perhaps brings the YuMe price back when the UK market closes and the arb opportunity becomes more risky is net buying by those who now think the deal will go through and like the prospects of the merged company. They would still be better off (IMO) buying R1 to get access to the merged company, but perhaps they are US buyers who prefer buying US stock while it is still trading over there.