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SYME Supply@me Capital Plc

0.026
0.001 (4.00%)
Last Updated: 12:07:39
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Supply@me Capital Plc LSE:SYME London Ordinary Share GB00BFMDJC60 ORD 0.002P
  Price Change % Change Share Price Shares Traded Last Trade
  0.001 4.00% 0.026 138,210,122 12:07:39
Bid Price Offer Price High Price Low Price Open Price
0.025 0.027 0.03 0.026 0.026
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Prepackaged Software 767k -9.88M -0.0002 -1.50 18.37M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:07:42 O 382,692 0.026 GBX

Supply@me Capital (SYME) Latest News

Supply@me Capital (SYME) Discussions and Chat

Supply@me Capital Forums and Chat

Date Time Title Posts
26/4/202415:09For SYME discussion only5,066
26/4/202414:20SYME *** PREDICTION *** FASTEST GROWTH ON THE LSE153,225
08/2/202412:53SYME 5p next - Game on 349
07/2/202414:49Syme Moderated 2,007
15/6/202308:09@SupplyME stock finance fintech co,12,133

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Supply@me Capital (SYME) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:07:440.03382,69299.50O
14:47:190.03191,34649.75O
14:41:520.031,867,769485.06O
14:37:370.031,119,649280.36O
14:27:340.0312,330,8273,085.17O

Supply@me Capital (SYME) Top Chat Posts

Top Posts
Posted at 25/4/2024 15:04 by nobbygnome
As stated previously, MIN has an irrevocable asset worth multiples of the current share price even in a fire sale. One day you will realise the value there is in MIN and buy a few shares….
Posted at 25/4/2024 13:05 by sparty1
The only news is that there is no recent news and the share price is down.
Nothing about fund raising, placement etc..Chairman is still in place which is remarkable in itself.
Just a lot of noise repeating the same old stuff.
Like I said....boring.
Posted at 24/4/2024 11:56 by pwhite73
You see how those who thought they were clever buying at 0.27p are now underwater. The share price will continue to sink and sink but at all times showing some blue to convince those who bought at record lows made a smart move.

AVOID this fraud and scam.
Posted at 17/4/2024 09:56 by cjb1971
Ah thx for your insight into the share price of MIN.Nobby wont be happy.Nominal price 1p.Trading well below that.
Posted at 17/4/2024 09:47 by pwhite73
If the shares are trading below its nominal value it means at that moment in time the markets think the company is worthless. In order to raise further funds the company would need to call a GM and recapitalise the shares. A company cannot issue new shares if the share price is below the nominal value.
Posted at 17/4/2024 09:44 by cjb1971
What would a companys share price indicate if its shares were trading below its nominal share price value?
Posted at 05/4/2024 15:05 by city1911
You either buy in now on the cheap and get a big profit or lose it all or you wait for WL to be done and buy in at a higher price but hopefully still to make a profit on the basis the share price doesn't not do the usual and drop back again!
Posted at 04/4/2024 11:12 by sparty1
Let`s have it here anyway. Then Pinkfoot the !Ex broker can break it down for us.

"In connection with the above referenced announcement, the Company was notified on 4 April 2024 that the AvantGarde Group S.p.A ("TAG"), a Person Closely Associated ("PCA") with Alessandro Zamboni, a Person Discharging Managerial Responsibilities ("PDMR") of SYME received a total of 1,500,000,000 new ordinary shares of nominal value £0.00002 each in the capital of the Company ("Ordinary Shares") in exchange for repayment of the £800,000 unsecured working capital loan that TAG had provided to SYME. This resulted in a fixed subscription price of 0.053pence per Ordinary Share received by TAG. Details of this notification are below in accordance with UK MAR."

Does not seem like a company heading for self imposed implosion. The headwinds have been much stronger than AZ thought though that`s for sure.

I hope "pinkfoot"`s condition is not too painful..
Posted at 04/4/2024 09:32 by smithie6
Question.

Raising money from inventory you have sitting in your warehouse.

1) how solid an asset is that to a lender ?
If the lender is not repaid his cash, if he sends a truck to collect the security for the loan (the specific quantity of inventory of type XYZ) if the inventory is not there, the lender is screwed & loses his money, yes ?

2) someone has to physically go to the warehouse & check the inventory exists & that it is in perfect condition?
That means cost & delay, no ?

3) What stops a company in problems raising cash by selling it's inventory to 4 different companies like SYME......but then, because it is in problems (let us say it's products are double the price of Asian imports) it goes bust anyway....& there are a queue of creditors, none of whom will get 100% back ?
And there are surely creditors with higher status who have to be paid before SYME.

4) and this RNS text
...is it a massive red flag ?

"As a result TAG is currently pursuing legal options to allow for the required loan repayments to be made by them and for the SYME shares that were transferred as loan security for the HWCP Loan and the SLS Loan to be transferred back to TAG."

5) 0.04p/share & billions of shares....& the main director is perhaps in Italy

Is that more red flags ?

Italy is close to Greece, home of the famous scam played on UK investors by "Globo" PLC.

6) Is Italy highly respected for
- it's financial sector ?
- the honourability of its politicians (recall Berlusconi, sacking of the city rulers of Rome if I recall correctly)
- the stability of it's Governments
- it's ability to keep the mafia out of society & life
- the honesty of it's policemen

....quite a forest of red flags from where I am standing.
Posted at 04/4/2024 07:19 by paul planet earth1
RNS relates to new shares issued in settlement of the existing working capital facility...Still interesting as it gives TAG a bigger share of any share price gain.
Supply@me Capital share price data is direct from the London Stock Exchange

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