Thinksmart Share Discussion Threads

[kadvfn1] 06/12/2021 08:44

Or could it be a game aft and square are playing to dump down price before they negotiate with us...

[carcosa] 06/12/2021 08:07

Sounds a bit odd of holding the meeting on 14 December, after it was previously cancelled because of the BoS. A decision from BoS (i.e. EU) is not expected until January 2022 so logic would suggest the 14 December meeting will also be cancelled.

I suppose the 14 December meeting could be carried conditional upon BoS agreement.

Square shareholders have already approved the deal.

Either way, it has contributed toward the declining share price for AfterPay/Square and hence TSL so its good for those that consider the deal will go through.

And still provides incentive for AfterPay to buy out the rest of ClearPay by mid January

[jon l] 06/12/2021 07:54

Afterpay now says it will hold its delayed shareholder meeting next week, not waiting for Bank of Spain approval, and seek court agreement to make that approval a 'condition subsequent' (i.e. takeover is contingent on the approval).

The continuing European licence forms part of Thinksmart's Clearpay interest. No word said on any conditions the Bank of Spain could be seeking from the new American owner, or the little detail of the Thinksmart negotiation.

TSL holders can perhaps expect gyrations in the next month or so. AFT shares have tracked SQ in the general tech selloff. But TSL's price has a different basis (pregnant with the outcome of that negotiation) and the shares have been steady so far.

[bwm2] 03/12/2021 18:29

This dance partner has one arm and a club foot. Whose next on the dance card?

[bwm2] 02/12/2021 09:28

No but with a better dance partner and price of acq.

[kadvfn1] 02/12/2021 07:54

Really? Why? You think AFT will do better on its own?

[bwm2] 02/12/2021 07:52

Even better if the Square/Block acquisition were to be scuppered

[kadvfn1] 02/12/2021 07:39

Agree bwm. Also with the current market condition and the share price for SQ anf AFT, its probably a good thing

[bwm2] 02/12/2021 07:20

As usual the european tail wagging the dog. However, in this case, the longer it takes the better in my view for tsl shareholders. Looking forward to the H1 APT results

[jon l] 02/12/2021 06:43

Afterpay has postponed its 6 December shareholder meeting to approve the takeover, citing delay in regulatory approval from the central Bank of Spain with which it holds a licence. That approval is now expected during January.

They state that all other hurdles have been cleared, including Australian Foreign Investment Review Board, New Zealand Overseas Investment Office, Spain FDI Authority, Square [now "Block"] shareholders, and NYSE.

"Implementation is still expected in the first quarter of 2022". But it may not be wrapped up in January as had been flagged.

This deal is a big elephant to steer through. When the shares in Square [now "Block"] list on the Australian exchange it will immediately become one of the largest ASX companies, bigger than BHP. Meanwhile AFT share price is closely tracking SQ.

[weatherman] 22/11/2021 16:43

Thanks - maybe it was an old copy of IC I glanced at.

[equal shares] 22/11/2021 15:17

This is the link.

[equal shares] 22/11/2021 15:16

This is the link.

[dicktrade] 22/11/2021 14:34

Simon Thompson has not written anything about TSL since November 10, 2021

good !

[carcosa] 22/11/2021 14:07

Simon Thompson has not written anything about TSL since November 10, 2021

[weatherman] 22/11/2021 13:23

Simon Thompson had some positive words to say about TSL over the weekend in IC - behind a paywall on the internet - think I saw a current valuation of 151p - anyone have access to it?

[carcosa] 19/11/2021 10:55

6 December is an important date for ThinkSmart shareholders as that is when AfterPay's EGM is being held where they require 75% of shareholders to support the $39 billion acquisition by Square.

If successful that should provide additional confidence for the benefit of ThinkSmart shareholders. That would be the starting gun for the buyout of ClearPay.

AfterPay will start trading linked securities on the ASX on January 7th

[paul_butcher1999] 12/11/2021 16:18

if there is a big buy going through then there is an equally large sell.

What doesn't make sense is why anyone would sell at this price unless they had serious cashflow issues and no other source of raising revenue. Its a fairly quick 50% + return on this.

[kadvfn1] 11/11/2021 16:26

Big buy going through just now...

[kadvfn1] 10/11/2021 12:12

on a separate note. Still amaze there are sellers today especially with ex-div tomorrow lol

[kadvfn1] 10/11/2021 12:10

TBH I'm just glad I'm a holder here. It's a definite win/win imho. Can't wait to see what the new year will bring

[toptomcat] 10/11/2021 09:03

Even with a early call option there is still 50% uplift to current share price based on fair value sum of parts. This is worst case scenario in my view. Agree there may be greater value on offer the longer this plays out.

[kadvfn1] 10/11/2021 08:55

But we might not get to 2024 right if Square wants to settle it when they takeover after day in Jan?