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WJA Wameja Limited

7.90
0.00 (0.00%)
13 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Wameja Limited LSE:WJA London Ordinary Share AU0000053472 ORD NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 7.90 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
7.80 8.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 7.90 GBX

Wameja (WJA) Latest News

Real-Time news about Wameja Limited (London Stock Exchange): 0 recent articles

Wameja (WJA) Discussions and Chat

Wameja Forums and Chat

Date Time Title Posts
23/9/202115:33Wasup WJA - the final chapter before bid from MasterCard1,141

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Wameja (WJA) Most Recent Trades

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Trade Time Trade Price Trade Size Trade Value Trade Type

Wameja (WJA) Top Chat Posts

Top Posts
Posted at 26/7/2021 10:14 by dr biotech
This seems to have gone on forever. Just waiting for the extra 5% (0.4p/7.6) That’s not going to make a huge difference, but it’s a near certainty and you’d have to find another share to rise about 7% to get the equivalent once you’ve factored in spreads and charges. So hanging on to the end
Posted at 06/7/2021 13:26 by alphafund
it's under their announcements - scheme of arrangement.

John, what is the IER? more importantly will it mean more than 8p return to bolster my anaemic (now annual) returns!
Posted at 24/5/2021 11:10 by daveme
What happened to the Independent Valuation Report done last September? With 6 months further down the road I wouldn't be surprised if the report was done today (and it was truly independent!) then it would come up with a higher valuation.

That being said, however, and with me included, I suspect most share holders will just be happy to take the 8p/share and move on to greener pastures.

Another company where the little guy gets shafted!
Posted at 24/5/2021 06:57 by fozzie
Agreed, it will be a relief to actually get my money out and back into play here. Bought as a trade and with a falling price didn’t sell quickly enough and got locked in. All my buys around the 6p area hopefully going to pay off.
Posted at 30/4/2021 12:26 by johnv
The last starement said that If MC agree to takeover WJA on or before 24th may, the date will be extended to 30th Sept. Does that mean it will be wrapped up and paid on 30th Sept or will we be paid out before?
Posted at 10/4/2021 14:07 by kinbasket
FFT, I agree. The idea that someone else would buy 35% of Homesend and be a junior partner to Mastercard is nonsense. With no control and a potential fundraising money pit you'd be completely tonto to even consider it.

As you say MC can dilute Wameja easily if they want to.

From here it's a question of how "honest" MC want to be. Are they going to play fair or will they go for the steal. WJA have zero cards to play and are a passenger on the bus.
Posted at 10/4/2021 11:05 by fft
Do you mean that MC could have sold to visa ? I don't think so ! Homesend is important to MC - but no matter how big it gets MC will control it's profitability and thus how big the dividend that WJA would receive. And, the bigger it gets the more working capital it will need which WJA can't supply so WJA get more and more diluted and less and less important (I don't think they have much say in what happens at the moment anyway).
Posted at 10/4/2021 08:17 by fft
I am not sure that WJA is in that strong a position.As I see it, MC could reduce the WJA value to a very low figure in 2 ways.1. Have large finance requirements. If WJA can't meet its share, then WJA will be diluted. The first dilution happened a couple of months ago.2. Turn homesend into a non profitable profit centre within MC. I.e. it makes losses every year. It doesn't need to buy WJA out, no dividends will ever be issued and no one will buy WJA stake because they have no control and little influence over what happens going forward. In the end, to stop being diluted to a low level and still having WJA company costs, WJA mgmt will be forced to sell for whatever MC want to pay. IMHO, WJA shareholders have very little upside from here.
Posted at 10/2/2021 11:44 by brumm1875
I was a long term holder of WJA until recently. My investment thesis was always that the end game was going to be a take over by MasterCard. With no credible alternative bidder, MasterCard played the waiting game and picked their time, when WJA was running out of money, to make a low ball offer at 8p. I had hoped of a take out price in double digit pence. Anyway, as soon as the legal issue surfaced, I decided to sell my holding and leave the last 10-15% to arbitrageurs. I still expect the deal to eventually go through at 8p but the waiting time is an opportunity cost. So many other shares to look at. Anyway, good luck to all shareholders.
Posted at 09/9/2020 08:11 by fft
Tomb,Directors hold a very small % of WJA. They won't have much of a say. If MC came along and offered 10p equivalent (when converted into wja share price) for the WJA shares in homesend, most institutions and PI may (having made a profit) say yes. The directors can make recommendations to shareholders, but could not refuse to tell shareholders an offer had been made.
Wameja share price data is direct from the London Stock Exchange

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