Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Sorry typos seri having bad day
No they didn't sell all as they believe in what they own. Like most of the deals sometimes you need others to get it over the line. Attach Semnet to GST platforms, outlets duristictions gives you exposure and credibilty.
The BoD are moving like they have an Ace up their sleeve.
Obvious why the owners didn't want to sell 100% of it now.
If the revenue figure is $36m and most likely more to come once one is open others begin to open for Semnet. I would complete asap and bank the whole company.
This was the original deal hashed out for Semnet, however things have and could change on how we complete it.
Splat not to bother yourself his post got removed accusing AHS
They will have 9 months from June 28th to complete if not sooner.
Probably to dumb to see the irony
Parker is so stooped he's become what he hates
The Company has acquired 66.67% of the issued share capital of Semnet for a total consideration of US$1.8 million in cash and new shares of no par value in the Company ("Ordinary Shares"). US$800,000 of the total consideration is payable in cash ("Cash Consideration") and the remaining US$1.0 million through the issue of new Ordinary Shares ("Consideration Shares"). US$580,000 of the Cash Consideration has, or will shortly, be paid and the remaining US$220,000 is payable four months from Completion.
The Company will issue the Consideration Shares on the nine month anniversary of Completion, or on any earlier date designated by the Company giving not less than seven days' notice in writing to the vendors,
How does the $1.0m through the issue of new Ordinary Shares work? Are they taken out of the treasury shares?
Wonder how the timing will be handled. Will it be 9 months or will it be earlier?
Wanesmyth just have patience. Your bought for a reason. You thought the share price is going to rise. It will but just not overnight. This isn't a quick in and out share. It's a long term hold. If you can't wait, sell, take the loss and move to another board. If you can, grab hold of your socks. It's as bumpy as it gets with GST
Yeah I get your frustration, providing the bod achieves something… this should rocket!
1.3 now after buying £10k on the first rns at 1.4
Then they dumped the second rns for a raise ffs
My timing wasn’t good and I’m pxssed off now lol
What's your average Wayne?
Why are you so negative wayne?
Not goin to happen is it
I wet my bed again
Yes pls splatt to 5 biguns
I'll take that splattered
Splattered would love that
1.6 on the next rns 3p on July results. 10p+ by year end
Hope it's more than 1.6p by the end of the year.
1.6p is only good if you bought now and are a trader
Microstrategy flying. Congrats if anyone followed my tip. Up 5k already. Might pop that over here tomorrow
It’s ok splatter
I got a rubber sheet
Looks like there's calm again and the placement is yesterday's fish paper. Nice and relaxed until news.
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