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same here
You ask Castle.."when will it stop" meaning at what point do lth's say enough is enough. The answer is very simple. LTH's are here long term because we have invested in this company because we think it is a great idea, high risk but high reward. There is no bottom line until there is no Syme/TF. So if I lose all my money, that's life. But I believe I won't. I also believe that there is no way on earth that you and the other so called non invested are here just to observe. Clearly you all smell the money. You may be constantly negative but that's the strategy you all play to get the price down either for yourselves or someone else. And that encourages me no end because I have been in lots of bum shares (at the time I was in!) and none of them have the intensity of negativity that you all put in here. Until you are all gone i will buy more every opportunity my Bank Manager allows.
Pontiac - You didn’t really answer this. Why are you not taking your own advice from the post referenced at 10.26 this morning?
Peak,
Valuation is relative to sentiment. Currently sentiment has been hammered due to delays.
The floor in Castle’s point is that it suggests no change in sentiment.
Value depends on news and Castle being negative sees obstacles and bad news.
I see the current sp has the floor on sentiment which will drop if nothing changes as shares are added. However, good news will shake up the mood and list the MC irrespective of the number of shares.
Don’t forget the MC of SYME was £0.25B not so long ago.
Polite answer - 3yrs is when I stop - my investment is based on time and news and not daily sp , dilution or any other factor - there will be ups and downs along the way and the obvious insults but my strategy is to let the company grow or not whatever the case may be and in one years time I will review ( total 3 years invested ) it’s that simple !!
I’m far from perfect like the rest of us - my faults are getting drawn into arguments with people who have an agenda and jump on anyone who dare to say anything remotely positive - there are opinions both positive and negative which I’m fully aware of - we hear the negatives 40 times a day but we are not allowed to be positive - there’s no denying most LTH are significantly down and as frustrating as it is delays and all I still think the innovation and concept are to be admired - anyone can read through my previous posts dating back 2 years where I’ve always maintained it’s a 3 year investment for me personally - truth is no one knows with 100% certainty how this will play out - no one !
I’m happy to leave my investment in and give it the best opportunity of it being a successful investment - I have no previous investment experience but can see the need for what syme/TFC are offering and lots of other companies/organisations are all saying the same - digitisation of trade documents coupled with the use of blockchain is a must !! Syme/TFC are at the forefront of that change!! So I remain invested and positive change will come and I’m happy to let my investment ride and see where It takes me !!!
We all know it was you Danny.
A post from dippy Danny’s past.
Duetocovid
Posts: 131
Price: 0.155
No Opinion
RE: No. 5.Today 23:53
Oh shuttup im already fed up, you lots have done my head in. The sp has gone from .6p to .16p,70% down. There is no more space for more cr@pp!
You made the decision to invest Pontiac, grow a pair and stand by your decision or get out and shut up. You're the kind of person that put a bet on the National and expects his money back when his horse dooesn't win!
Try taking some of your own advice and be patient Pontiac
Pontiac
Posted in: SYME
Posts: 313
Price: 0.098
No Opinion
RE: Take Note12 Apr 2022 16:20
Castle just be considerate of investors, including me. We trust the concept and the ceo. Hence we put our hard-earned cash buddy. I'm down 66% and im not happy. What are you expecting investors to do apart from be patient.
Hughez87
The figures aren’t spot on. There are simply wrong.
SYME paid £4 million in cash plus 813 million shares as initial consideration. They didn’t pay £31 million at that stage.
I hope you haven’t persuaded anybody to buy with this blatantly inaccurate ramp.
They still have deferred consideration to pay in cash or shares at SYME’s option.
The calculations are spot on. The only thing not included are Tradeflow performance payments.
Hughez87
Your calculations of Tradeflow breakeven price are completely wrong as you are deliberately ignoring the contingent consideration that is payable.
A really stupid ramp attempt.
#SYME Investors….remember the below. Smart guys of @TradeflowM sold their £30m fledging Commodity Trading Company for £4mil & 816 mil @SupplyMECapital shares!! They seen under the bonnet & the Funders/backers under NDA.They need SP of 3.3p to breakeven. Multiples of todays SP.
TradeFlow were acquired for £4mil and 816 million SYME Shares. When SYME reaches each of the below SP levels, TF’s shares are worth the following
TF at 1p £8.16m
TF at 2p £16.3m
TF at 3.3p £27m (Breakeven Point given £31m valuation minus £4m cash paid upfront)
TF at 4p £32.64m
TF at 8p £65.28m
TF at 16p £ 130.560m
Can see why they sold their fledgling business to SYME, a disruptive Fintech Startup with their eyes set on becoming a new asset class!
#SYME will update the market when ready. I for one am taking the silence as a good sign. Let’s not forget we now own @TradeflowM who are partnered with the @ICC and are making solid revenues. They have reputable industry leaders and sold their business after seeing inside SYME!
https://twitter.com/marketmaster88/status/1502208540257263622?s=21