Supply@me Capital Share Discussion Threads

[pwhite73] 19/3/2021 10:49

PATT - I suppose its down to how you interpret the word 'Following'. Either the HoT and DD have been completed and the acquisition is to finalise within the month or after the HoT and DD are completed the acquisition is to finalise within the month.

If SYME expect to complete the acquisition within the next month it does suggest the HoT and DD have been completed or they're sailing a very tight ship to complete the DD and acquisition all within the next month. Proper DD can take from 6 months to a year because it also entails going through Tradeflow's accounts.

[charlie888] 19/3/2021 10:48

I can see a rally this afternoon, no was expecting a rns today

[stark industries] 19/3/2021 10:43

Tradeflow news is massive - huge market of international - in transit - trades. In addition they have technologies in order to manage the commodities risks - live ship tracking being one. These technologies can benefit SYME. Exciting stuff 1.5-3 trillion market

[stark industries] 19/3/2021 10:43

Tradeflow news is massive - huge market of international - in transit - trades. In addition they have technologies in order to manage the commodities risks - live ship tracking being one. These technologies can benefit SYME. Exciting stuff 1.5-3 trillion market

[stark industries] 19/3/2021 10:43

Tradeflow news is massive - huge market of international - in transit - trades. In addition they have technologies in order to manage the commodities risks - live ship tracking being one. These technologies can benefit SYME. Exciting stuff 1.5-3 trillion market

[purchaseatthetop] 19/3/2021 10:41

I prefer to think of myself as being happy in Gerrards Cross wanting to drive to my villa in Italy. Wales is lovely but not for me.

PATT xx

[purchaseatthetop] 19/3/2021 10:38

Pwhite....I read the RNS differently:

Supply@ME Capital plc, the innovative fintech platform which provides the Inventory Monetisation service to manufacturing and trading companies, is pleased to announce that it has signed Heads of Terms ("HoT") for the acquisition of a leading FinTech-powered commodities trade enabler, focused on SMEs, based in Singapore.

The acquisition will allow SYME's Platform to complete its global offering, by monetising inventory (in particular, commodities) "in-transit". Not least, it would generate a number of attractive synergy benefits for SYME from both a funding and customer origination perspective.

Following the signing of the HoT and completion of Due Diligence, SYME expects to complete the acquisition within the next month.

I read it as that the HoT had been signed but that the completion of Due Diligence was ongoing. The first paragraph only mentions a HoT. Maybe I am reading too much into RNS's from AZ as they are usually misleading.

[gasman10] 19/3/2021 10:34

Funny Sharon it's going up again....

[hodhasharon] 19/3/2021 10:33

"gullible mugs who believe they are about to get rich"

You've accurately described all the SYME bulls perfectly. The only one that surprises me by breaking the mould is Henry. I suspect he made a mistake and his cognitive bias is forcing him to be bullish.

[gasman10] 19/3/2021 10:32

https://twitter.com/trader_mason/status/1372849673828990986?s=19

[bbmsionlypostafter] 19/3/2021 10:31

honestmarty,

24724

Well said.

[gasman10] 19/3/2021 10:31

White glossed over my answer paid TROLL..

[lukic] 19/3/2021 10:30

Marty - yet another muppet filtered. You'd think they'd give it a rest!!

[pwhite73] 19/3/2021 10:29

patt - "Release a completely unnecessary RNS relating to Heads of Terms but before DD"

Nope due diligence has already been done. When it started and ended nobody knows.

RNS 17/03/2021 - "Following the signing of the HoT and completion of Due Diligence"

[gasman10] 19/3/2021 10:25

The funder or AvantGarde group Syme parent company...easy