Supply@me Capital Share Discussion Threads

[extrader] 18/9/2020 11:49

Hi Ialwayswinatmonopoly,

..."I can see this been used as a front for an early rights issue..."

(1) You mean 32,500,000,000 shares isn't enough ;-> ?

(2) Who'd take it up, though, and at what price ?

AZ + Co ? They're not about to put money INTO the co.
PI's ? They look to be well invested already, more likely to (part) cash out/SELL rights, I'd have thought....

(3) If there IS genuine Institutional Investor interest, maybe a Private Placement, with a token offer to PI's ? Still have the dilution problem, though.

You're right that AZ needs to get the price up, some hard news would be a good start.

PS I'd really like to understand the thinking behind

(a) the ludicrous number of shares at RTO (why not 1/10th , 3,250 million shares is a big enough number, surely ? Even that would be plenty for an AIM penny stock - and SYME is main market...and

(b) the value of £ 225 million ascribed to the IP (cost : Euro 1.5 million),

both of which, I think, have damaged credibility from the outset.

ATB

[ialwayswinatmonopoly] 18/9/2020 11:48

Haha what is it with everyone obsession with shorting? My position is out. I'm waiting for a lower entry level which WILL come. If you currently hold the stock then it it you sir that is the muppet. Let's just hope that AZ at least keeps this carnival on tour so we can all make some money from his shannanigans

[ialwayswinatmonopoly] 18/9/2020 11:29

The net proceeds of the placing in March was GBP1.4m. The remuneration of the directors (incl NEDs) is GBP350k. The rate of growth has accelerated according to AZ. I can see this been used as a front for an early rights issue. No wonder AZ has not stopped blowing hot air into this.

[extrader] 18/9/2020 10:03

Hi all,

Cross-posted from l s e , where someone was querying where 'free float' came from, given most shares held by AZ and co.

My ha'porth/guess :

Interesting point : who holds what...and who is providing the 300-500m shares traded daily ?

At the Placing/RTO, there were 32, 754 million shares in circulation.
Existing shareholders (Abal) got 101 million.
Placing (ie paid for) shares account for 331.6 million - 1.01%
Consideration Shares (call them nil cost, for simplicity) - 98.7%; of these
- Concert Party and Major Shareholders ( 3 x istfinco's) - (88%)

So, roughly 10% of Consideration Shares (say 3.24 billion ) were in the hands of 'sundry others' , but otherwise unaccounted for.

These - roughly £ 20 million worth at the outset - are probably the source of most of the original 'free float', if so original investors would have cashed out 10x what Placing PI's put in. Where else could the 'free float' have come from ?

The Existing are insignificant (100m) and the Placing (331m) went presumably (@ roughly 0.7p) to PI's who intended , at least at the start, to be 'sticky'.

With a pool of 3,500 million shares in circulation from or shortly after RTO, that's a goodly number for PI's to then start day-trading, aiding liquidity.

It's a moot point how many further shares, if any , have since become available from the ConcertParty / Majors as a result of the 'direct transfer' and 'pledged securities' and 'II interest' RNS's.

ATB

[yabawbag] 18/9/2020 09:04

Filter him, hes a troll

[different world] 18/9/2020 08:38

Morning all - looks like a nothing Friday ahead and a possible drift in the share price by a point or two.

May make the most of what's left of the weather before the dreaded gloom sets in soon.

Very confident, however, of positive news next week here.

[herb clark] 18/9/2020 08:28

How does this effect Syme?

[extrader] 18/9/2020 08:25

Hi trying2getrichquick,

"
Some exciting news: AltFi acquired!"

Google those words and all will be revealed.

ATB

[yabawbag] 18/9/2020 08:19

I don't think anyone is basing their, investment, gamble, short or whatever on a so called code

[gasman10] 18/9/2020 08:18

Short shanks we will find out shortly

[longshanks] 18/9/2020 08:04

Ttgrq: exciting news...Nothing exciting for SYME by the looks of it and relatively old as news goes (May 2020)hTTps://www.altfi.com/article/6543_altfi-acquired-etf-stream

[gasman10] 18/9/2020 07:36

I know desperate!!!

[trumpingtonsmythe] 18/9/2020 07:24

Someone get Kreature out of his Greek bed and his side kick Jaknife and we would have a snoreprofits full house!

[different world] 18/9/2020 00:45

Dudishes - another one of the vile TW paid-for's?

Careful of this one folks. A 100% slimeball.

[dudishes] 18/9/2020 00:31

On the short front, held up at 0.52, but achieved target we believe.

[maddie275] 18/9/2020 00:17

Codes ‘1’ and ‘911’..??!!!
Holy guacamole..!!!
What next..?
‘Red sky at night’..??!!!
‘Two swallows..??’
FFS...

I’m just glad I’m gambling...
I’d HATE to be basing my choices on pre-conceived and openly manipulated ‘codes’.

Think about it...

[maddie275] 18/9/2020 00:17

Codes ‘1’ and ‘911’..??!!!
Holy guacamole..!!!
What next..?
‘Red sky at night’..??!!!
‘Two swallows..??’
FFS...

I’m just glad I’m gambling...
I’d HATE to be basing my choices on pre-conceived and openly manipulated ‘codes’.

Think about it...

[gasman10] 17/9/2020 22:16

This will be published after an RNS

[trying2getrichquick] 17/9/2020 22:07

I just spotted this under his name and Managing Editor, VERY INTERESTING -

Some exciting news: AltFi acquired! 🚀

[trying2getrichquick] 17/9/2020 22:06

I just spotted this under his name and Managing Editor, VERY INTERESTING -

Some exciting news: AltFi acquired! 🚀

[micky67] 17/9/2020 21:59

The interview is purely business ie. getting Supply@MeCapital into the wider Fintech circles and advising where they are heading. We’ll find out shortly about where they are heading via the proper RNS notification route. Then Boooooom 🚀