Xlmedia Share Discussion Threads

[john09] 19/3/2021 11:47

11 m shares traded 😳

[john09] 19/3/2021 11:09

So 47p is basically the previous days 53p taking into account the 40p shares.

It’s pegged

I think it bodes well. It isnt a “bad reaction” to the news its actually arguably a good reaction in that its basically pegged at the high before the news

[john09] 19/3/2021 10:06

6 m shares traded in 2 hours

[john09] 19/3/2021 09:58

I actually think these shares today are some of the 40p ones being sold . If it was a load of buying the price would be going up

[scubadiverr] 19/3/2021 09:29

Nothing through iweb yet

[john09] 19/3/2021 09:23

Did anyone figure out when they could take up their 1 for evenly 26? Anyone get an invite to that yet?

[john09] 19/3/2021 09:22

I didnt get any in the placing. My broker informed me this morning that Cenkos said it was “pretty brutal” and looking “seriously oversubscribed”;

I mean why wouldn’t it be. You could buy 47p for 40p

[northwards] 19/3/2021 08:20

Get the feeling we're seeing some institutional buying in the market now from those who didn't get their full allocation.

[bc4] 19/3/2021 07:50

"XLMedia" or the "Group" or the "Company")

Results of the Placing and Subscription

Further to the announcement made earlier today by the Company in connection with the acquisition of the business and assets of Sport Betting Dime and the proposed placing and subscription to raise a minimum of GBP20 million (the "Placing Announcement"), XLMedia, a leading global digital performance publisher, announces that, given significant demand, it has successfully raised total gross proceeds of GBP24 million before expenses under the
Placing and Subscription at an Issue Price of 40 pence per share.
Results of the Placing and Subscription

The Group is pleased to announce that a total of 58,727,398 Placing Shares have been successfully placed at a price of 40 pence per Ordinary Share, with new and existing investors, which, together with the Subscription has conditionally raised gross proceeds of GBP24 million (net proceeds of approximately GBP22.9 million after expenses). The Placing was significantly oversubscribed. The Subscription by certain directors and employees of the Company will result in the issue and allotment of a total of 1,272,602 Subscription Shares. The Issue Price of 40 pence per Placing Share and Subscription Share represents a 6.5 per cent. discount to the 20 day volume weighted average price (VWAP) of 42.8 pence prior to 18 March 2021. The Placing and Subscription Shares together represent 30.8% of the Existing Shares. From the date of their issue, the Placing and Subscription Shares will rank pari passu in all respects with the Ordinary Shares currently in issue.

Big demand here bodes well

[farmergeorge] 18/3/2021 18:01

Ok, thanks.

[john09] 18/3/2021 17:55

Someone posited earlier. Scroll back

It’s also on the website

I havent checked it .

[farmergeorge] 18/3/2021 17:24

John09 Where can I check the timetable?

[john09] 18/3/2021 17:15

The open offer hasn’t been done yet (1 for 26 held) Check the timetable

Today was the placing and subscription

[yusuf1st] 18/3/2021 17:07

How did they already raise the money? There is no option given yet to existing holders?

[john09] 18/3/2021 16:56

Stuart Simms, Chief Executive of XLMedia plc, said:

"It is extremely pleasing to see the level of support received from both new and existing investors as part of this heavily oversubscribed fundraising. The level of demand for the Placing reflects confidence in XLMedia's strategy and growth potential in the US sports betting market.

[john09] 18/3/2021 16:55

£24m raised

[timmy11] 18/3/2021 16:25

if I hold 21k shares how many will I be entitled to

[john09] 18/3/2021 13:52

No posts for 16 days nw99. How did your community service go ?

[nw99] 18/3/2021 13:45

Shame about the placing

[tvh123] 18/3/2021 12:58

Important to remember that the process of bringing SPD onshore in the eyes of the US regulators involves a period of cleaning traffic flows during which offshore traffic will be demonetised - so no CPA generated in this period. Also means that historical performance is pretty meaningless as XLM will need to drive traffic growth using its existing licences and partner operators.

[northwards] 18/3/2021 11:36

I like what's building here and will be adding on any dips.

[john09] 18/3/2021 11:32

Thanks do you have the full write up?

[tvh123] 18/3/2021 11:25

New cenkos note out.

The acquisition of Sports Betting Dime (SBD) is highly complementary to December's acquisition of CBWG. XLMedia is pivoting to become more multi-territorial with growth focused in North America and operating in regulated markets with a balanced portfolio of interests. We see material growth opportunities ahead.

[john09] 18/3/2021 10:32

Looks like they will use the resource for Personal FInance in North America too

The Board expects that SBD's marketing capabilities and technology will complement XLMedia's current SEO expertise, and bolster the function of XLMedia's existing successful personal finance websites in North America.

[john09] 18/3/2021 10:30

James

“ SBD generated revenue of approximately $13.6m and EBITDA of approximately $7.0m in the 12 months to September 2020 but this relates to a period of time when the business was operating offshore and its business model was focussed serving the unregulated US market. The Directors do not consider this to be indicative of the revenues achievable by targeting regulated states in the US market leveraging XLM's relationships with regulated operators.”