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Thank God I sold a couple the last deals here April 2023 at 237p and July 2023 at 290p
30/10/23 A low of 134p today 200p.
Nexxen International Ltd, formerly known as Tremor International Ltd, is an Israel-based company engaged in digital advertising solutions that leverage the latest video, native, and display technology to reach users for every app, service, and brand. Nexxen International Ltd works with more than 450 advertisers including Amazon, Disney, and Twitter. The Company activity has three core divisions: Tremor Video, which helps advertisers deliver impactful brand stories across all screens through video technology combined with advanced audience data; RhythmOne, a media division that drives business outcomes in multiscreen advertising; and Unruly video marketplace with direct integrations with publishers and advertisers. The Company is present in more than 60 countries.
New name of Nexxen NEXN see yesterday's RNS
Delisted?
And a happy new year to all LTH’s. We can only hope !!
A good recovery from the 52 week low in late October of around 132p to over the £2 mark but where will we go from here ? On past performance it might give up all this gain when next quarter results posted (it usually disappoints). Long way to get back to the 650p mark I’ll need to show marginal profit on my holding see
All showing sells at the moment but the price keeps ticking up! What does this tell us?
Could it be the start of a late Christmas present!
There seems an increase in volume over the pond. Can the company buyback shares over there?
Hey Rusty, Bro...great to see you. Absolutely.
How's life?
Lets hope this is a bit more succesful than preious ones.
Israeli Court Share Repurchase Approval and Launch of New $20 Million Ordinary Share Repurchase Program
The Ordinary Share repurchase program will be financed through existing cash resources and will begin on 20 December 2023
Tremor International Ltd. (AIM/NASDAQ: TRMR) ("Tremor" or the "Company"), a global leader in data-driven video and Connected TV ("CTV") advertising technology offering a unified platform that enables advertisers to optimize campaigns and media companies to maximize inventory yield, announces that its motion filed with the Israeli court to authorize the Company to repurchase a further $20 million of its Ordinary Shares from time-to-time through 18 June 2024 has been approved.
Following the Israeli court approval, the Company's Board of Directors approved the new $20 million share repurchase program under which Tremor is authorized to purchase up to $20 million of its Ordinary Shares.
The initiation of this further share repurchase program follows two recently completed programs in which the Company repurchased approximately $95 million of its Ordinary Shares, representing roughly 13% of shares outstanding, from March 1, 2022 through March 31, 2023.
The Company's Board of Directors also indicates that, should the Company's Ordinary Shares continue to trade at prices the Company believes reflect discounted valuation levels, and if the Company remains cash generative in the future, it will consider launching additional future share repurchase programs following the completion of the impending $20 million Ordinary Share repurchase program, and seek further approvals from the Israeli Court as required. The Company's Board of Directors believes repurchasing the Company's shares at what it believes reflects discounted valuation levels represents a strong investment opportunity that can generate long-term value for its shareholders.
OMG. The 'then-bagger' comments have started, after a bit of a recovery. We can do better than that!....how about a 'tenty-bagger'?!
I wish all 'real' investors all the best. Hopefully Ofer can make everyone rich....including himself of course.
Hisense: The First TV With Freely.
In today’s announcement, a significant development for Freely was revealed: a strategic partnership with Hisense, the rapidly advancing smart TV brand in the UK.This long-term collaboration, spanning five years, marks the first line of devices that will support the upcoming service. The collaboration signifies a mutual benefit: for Hisense, it adds significant value to its product offerings, and for Freely, it provides an established platform to reach a broader audience.
However, at the moment......Freely will only be accessible on new, connected TVs released from 2024 onwards, raising questions about its reach and impact on viewers not equipped with the latest technology.
https://www.cordbusters.co.uk/freeview-streaming-future-freely-tv-hisense/
Ha...I was going to ask you 'what the hell is a then-bagger?'
I figured you meant ten-bagger, but I've come to know we're two countries separated by a common language, so all assumptions are out the window.
Baseball analogies in the UK...love it.
Sorry, ten-bagger!
This is only the beginning gdog!! Believe me, tremor (nexxen) is now positioned to be my next then-bagger!! Patience!!! ;-)
Never heard of Taiv, but that means nothing. Live sports huge. Hope this moves the needle, at least a smidge.
Gdog
The word "afoot" is derived from the Old English word "on fote," which means on foot. Adequately describes the speed of any progress being made by Tremor methinks.
Art, that one cracked me up. Never heard that over here.
Up on no news...I'd prefer we were up on news, but wtf, we'll take it where we can get it.
Is something afoot? (12 inches !)
Funky software...I posted once, got a "Gateway Timeout", which apparently caused my post to be twice entered when I refreshed.
Oh well...
...the amount of SBC Druker was awarded before he did his job, on top of his huge salary.
It is obscene. It is insulting.
Yeah, I know, we've known about this for years. That doesn't stop it from rubbing me the wrong way every time he shoves it in our faces as he did once again today.
Ofer Druker has had so many share sales over the past few months, supposedly to cover tax obligations, that we have to wonder if he is being paid too much if he has to pay that much tax. In any event, I believe that his pay should be linked to performance of the company and the share price. Regards Curly.
...the amount of SBC Druker was awarded before he did his job, on top of his huge salary.
It is obscene. It is insulting.
Yeah, I know, we've known about this for years. That doesn't stop it from rubbing me the wrong way every time he shoves it in our faces as he did once again today.
Some hefty trades yesterday, any one know who might be either accumulating or getting rid and why?
Thanks for posting Radium1. Best, Mike