Tern Share Discussion Threads

[jerseymike] 23/6/2021 08:35

For anyone new here, today's sales are an orchestrated attempt to reduce the price for the long term holders and traders to sell part of their long term holding and reinstate it at a lower price. It is something they have been doing very successfully for a long time. If you have a stop loss in place, this fall is intended to find it and cash in.Long term Tern is going to be a great investment. Do not be rushed into selling unless you have lost faith in the company you invested in. I am against stop losses but each to his own.

[clay14] 23/6/2021 08:35

Sector interest - https://www.businesswire.com/news/home/20210622005404/en/Transmit-Security-Raises-543-Million-in-Series-A-Funding-to-Rid-the-World-of-Passwords - Transmit Security (startup using biometrics to do away with passwords) raises $543m Series A funding at a $2.2b valuation - also part of the FIDO Alliance board... in case we needed further evidence that cyber security companies are commanding huge valuations

[jonc] 23/6/2021 08:32

T20s bailing out.

[jonc] 23/6/2021 08:31

Oh and again.

[jack ladd] 23/6/2021 08:31

Williams %R is now in buy territory, so I did :)

[jonc] 23/6/2021 08:31

Would it be fair to say:Down she goes.

[still waiting] 23/6/2021 08:20

Form an orderly queue please.

[emigna2020] 23/6/2021 08:04

Hello, all the trogs have gone to ground!

[oldishrocker] 23/6/2021 07:31

Last chance this morning I feel, so good of the mm to drop it for a top up.

[wardy333] 23/6/2021 07:30

Correct ridicule they are never done on a first come first allocated basis, the only worry is people could not be bothered with the aggro, thought they would not get many and did not bother to subscribe.
I personally would be shocked if it was not over subscribed, this stock needs some news to keep momentum up.

[ridicule] 23/6/2021 07:19

I am not subscribing for Wyld shares, preferring to make my investment via Tern, given they have 60%. I have not, therefore, read the subscriptions document. That said, however, my experience of many placings has been that the full subscription period was allowed to run in order to measure demand to support the subsequent trading price for better or worse. In the event of over-subscription all applicants are given equal rights and a scaled back allocation is apportioned. I have never seen an offer executed on a “ first come, first allocated” basis as Ellipses is trying to say.

We will only know the true position ASAP after 2pm this afternoon. I expect the announcement to be positive, but I can understand some nervous selling yesterday by those that bought sub 10p, given the shares have doubled in recent weeks. I hold all mine in anticipation of things to come and have ignored the trolls as ever.

[jack ladd] 22/6/2021 22:51

Go and play with your carrot Enema you laughable fool!

[emigna2020] 22/6/2021 22:45

Tomorrow is your date with Carey Street Jack-off, you were warned !

[jack ladd] 22/6/2021 22:17

Not sure if fuxy and epilepsy are the same troll because epilepsy comes across as a lot thicker than the fuxy moron.

[emigna2020] 22/6/2021 22:09

A Titanic moment is coming, the ship can`t sink, the captain said so.

[dave444] 22/6/2021 20:56

Yes I can!You will find out shortly!

[dave444] 22/6/2021 20:43

What a load of rubbish!This was filled on the the 10th of June - yes the first day!They run the book upto the end date as standard!It gives their clients chance to subscribe

[ellipses] 22/6/2021 20:34

Timing.




The subscription form shall be sent to Mangold Fondkommission AB no later than 23 June, 2021 15:00 CET.

If you assume Avanza/Nordnet ran to a similar deadline today then their books closed 14:00 UK time. The numbers may have already been in in time for the drop.

...

[flc] 22/6/2021 20:10

c£900k in the bank after costs...cash burn c£150k p/m so 6 months. Something needs to happen otherwise the AS begging bowl will be doing the rounds again but at what price.

[sarcoline] 22/6/2021 19:40

I'm very bullish here but you've to ask with ongoing running costs and just laying out £300k for Wyld IPO how much cash have TERN got left?

Basically we have a cash injection from an exit/partial exit in next few weeks/months or a placing.

Regardless the future looks fantastic.