Tla Worldwide Share Discussion Threads

[billthebank] 19/8/2019 13:25

Topped up Now averaging 1.75!!! Looking for a three bagger here initially Not today obviously

[shovon1000] 19/8/2019 13:20

Well well more 100k buyers are coming.

[billthebank] 19/8/2019 12:58

Well 1.5 looks like a reasonable entry point.Shame I didn't have more cahunas to buy more!at 1.3p.Never mind never get in at the bottom Never get out at the top unless you are really lucky. Need to do more research here to establish an exit price!!! 5p???!!!

[dplewis1] 19/8/2019 12:57

Where's cudsnore today? Have you forgotten the password amongst all your aliases?

[1amulet] 19/8/2019 12:42

GUN!!!
Negotiated trade to buy even a small amount now.
At last something brewing
Keep em peeled

[letmepass] 19/8/2019 12:42

Someones buying 100k chunks. I wonder why

[intheknow69] 19/8/2019 12:34

Really hard to buy

[letmepass] 19/8/2019 12:15

Up 40% on no volume. Just wait for the volume..

[intheknow69] 19/8/2019 12:14

Dave and DPlewis very quiet today 😆😆😆

[billthebank] 19/8/2019 12:07

Well whadda you know!!!

[letmepass] 19/8/2019 11:42

Where's Dave

[billthebank] 19/8/2019 00:30

I have to say Sun city that is how!I saw it but there will be an RTO which you have failed to take into account so not quite as simple as you state.

[unkwn] 18/8/2019 21:08

Mad, wasting your time mate.
Will see for themselves.

[supercity] 18/8/2019 15:24

According to the rns they don't have much of a choice as the twenty million debt would immediately be payable and they don't have the money.If Shareholders do not approve the Proposed Sale at the General Meeting, SunTrust will no longer be required to forbear from exercising the remedies available to it as a result of certain members of the Existing Group being in default under the Credit Agreement. Consequently, SunTrust would be entitled to declare the outstanding amounts owing to it (currently US$22,465,000 plus all interest accrued and fees) immediately due and payable. In these circumstances, TLAA would be unable to pay its debts as they fall due and would be forced to cease trading and enter into an insolvency procedure with immediate effect. If the Proposed Sale does not complete, the Company will have a modest amount of cash but it will not be able to meet its obligations and will be unable to pay its debts as they fall due for the reasons set out in paragraph 2 below. However, if the Proposed Sale completes, the Company will be able to satisfy SunTrust's payoff condition and will benefit from the payment of AUD$470,000 in cash at Completion, as agreed with SunTrust, and an additional AUD$488,000 to be paid for extending the Purchaser's exclusivity period for the Proposed Sale.

[madchatter2] 18/8/2019 15:13

Or put another way, those that hold the majority of shares here have averages in excess of 10p.

The same people who will likely be deciding the future.

They will not agree to anything that makes them lose money Imo.

[supercity] 17/8/2019 09:48

Let's at least get the figures right- Following the discharge of such liabilities and transaction expenses, it is expected that the Company will retain total cash of AUD$958,000 from the Proposed Sale. The Company will have no other significant assets or liabilities.Using google currency converter this is a tad over £500,000 which (once wages, bonuses etc have been paid as you would expect if you ran your own company) could leave a cash shell of anywhere between 300,000-500,000 (around 0.2-0.4p a share)Some believe this should value the cash shell at many multiples of this price hence the reason for the current level.

[billthebank] 16/8/2019 21:08

The Proposed Sale will result in the Group reviewing goodwill of the Australian Business at its financial year. This is expected to result in a material profit on disposal of the Sale Companies.

Don't forget that the outcome also should be a shell company with no material assets or liabilities.
OOPS FORGOT ABOUT CASH £1M!!!!

[billthebank] 16/8/2019 18:58

Didn't get 1.2 but at least I didn't pay 1.9.In at 1.5 as there may be mileage here.Time will tell!!!

[unkwn] 16/8/2019 14:20

I read and I lmfao.

[billthebank] 16/8/2019 13:00

1.2 and the buyers will return here

[cudmore] 16/8/2019 12:47

Dave/Lewis

Do you actually hold any stock of any company?