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ah that thing lol
BA the whole board is expecting an update lol
End of the month apparently.
are you expecting an update ?
I must have missed something but why the update ?
The next RNS has to be pivotal.
It has to contain solid details about how the company is going forward. Have they secured funding privately? Have the sold assets etc? What are they doing for income for the next 12 months? Without a listing they will need alternative finance In some guise. This is what the next RNS has to spell out to see what's going to happen here really.
£174k as of Dec last year. They HAVE to be fundraising about now, unless they have sold assets etc.
Rns this month will be key, so long as they come out with decent info and less back slapping waffle.
Apple, I think it was a couple months ago when I said I would take a 50% loss here, as it would bring me 6 months closer to achieving my next financial aim I am saving for.
This money is dead, so anything is better than nothing now.
The longer the company puts off relist the more likely we are to being in a recession or other such financial downturn. Get it listed. Right now the only people winning are the people on the payroll of Tallymoney ltd.
Indian goldmines lol
It was floated earlier on
but in the last RNS the mines magically changed into
Indian Gold Mines and their explorers generally - may be not in this case - are known to be corrupt.
Besides all we need to consider that CP took that decision
So not only it would be technically weak but also dishonest.
They are mining contracts not mines
Potential Scenarios/initial thoughts
1. No IPO and they have sold a 25% stake in the company
2. Indan gold mines sold
3. We have been fleeced and will be diluted as they will raise £10m from the sale of shares to friends and family
4. The last 6yrs gold has been rising and why not list when the price of gold is rising as opposed to falling.
5. Will they be bought out for £50m plus
6. They're in a mess and dont know what to do.
B1gdeano...i agree with you there. Our investments are valued at '0' and i have written my money off over a year ago. So, assuming my money is nil, if we come back trading any price will be a bonus. Even a penny a share will return me 11 grand...better than nothing ?
As long as youre content, that's all that matters
Until the T&Cs are updated to show who is responsible for claiming the gold in case business ceases I agree with you. Small exposures to tally would be the prudent choice with the information currently available to us.
Though once they become more transparent with details such as that I feel tally will be the easiest way to have gold exposure.
I hope you dont put your money in Tally if downloads are under 1000.
You never know when the App could stop working.
More reliable gold avenues available
Just to reduce your risks
Any recession is 12 -18 months away imo.
That being said if this came back into a recession I don't think anyone would be complaining, as everyone can sell if they want and keep their money to aid their finances through said recession. I for one would sell up and put it into tally! Hold gold as opposed to shares in a downturn.
Those that want to hold shares still, well why even bother caring what the SP is doing? Currently valued at 0p so whatever the SP does is better than now. And if people use tally because of a downturn then the company becomes more valuable, no?
Just get the bloody thing listed, excuses are excuses which ever way it's painted
Agreed dj frustration is at boiling point for most on here myself included but I just think they need to give Tally enough time to prove its worth before going to the market for more cash to relist... A Full international launch is what's needed to massively boost numbers but that all costs money to get up and running plus they have had difficulty managing solely UK transactions a few times so a strategic methodical approach is needed with all potential outside factors considered.
A tie up with a bank would be a possibility but as I mentioned earlier the timing is crucial to the success of the product and future development of it..... If we came back to the market just as a world wide recession dawned can you imagine the abuse CP would get from us lot!!
Come on CP give us a positive update!!!
I broadly agree bigbench but they can't keep putting a relist off to coincide with every global wobble or national event because it has long since started to look (to many) as if they simply don't want to relist and are just looking for excuses. I'm not in a position to know and could give them benefit of doubt here, but many have just become frustrated and despondent the longer it goes on. I suspect the can is about to be kicked again though (it's a good job I'm patient!). Like you I'm not too unhappy with Q1 2020 but it's getting silly much beyond that. Other companies have gone ahead and launched and listed during uncertain economic times. Tally really have to get proactive on this if they're serious about it.
On the other hand they have taken out the TALY ticker so it'd be money wasted if they don't come back this year. Is there an option to renew for a further 6 months if that fails to fire?
I've got a feeling its going to be a great RNS form CP... If it knocks the relist date back to Q1 2020 then I'm not bothered as with all this Brexit Bo ll ox going on and the markets generally receding its probably a smart move. UK is on the brink of a recession and so is Germany... if we go then the whole of Europe will follow....Greece & Italy are already sunk.
These are all things Tally has to consider but as a stand alone product Tally is an excellent investment but as we all know its all about the timing!
The fourth right turn round the corner.
That's right. Square one. Lol
We have been treated very poorly here, no matter what has happened and whos to blame updates and courteous behaviours don't cost much or hurt, especially as we are delisted and the updates can't affect the SP.
Update must be just around the corner now,
Which corner, lol?
If 1 of them was true I'd be ecstatic.
the gold is going to be 3000/Oz
Tally ltd is getting IPO worth 20 million
Indian exploration contracts worth 10million
TallyMoney App has 5 million downloads
Relisting with 13p/share
Its all happening we just cant see it
Update coming soon
Update must be just around the corner now, surely got to be less than 20 working days away...