Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
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It amazes me how he can still drone on about how our BoD go about things and cross ramp other shares on how he thinks our BoD should be like. On every single Rns they use the same wording - The funds raised from the Placing will be principally used to accelerate the implementation of the Group's GS Money strategy, including potentially via further acquisitions. Further announcements will be made by the Company in due course as appropriate.
The fact they have used the word acquisitions (plural) gives me confidence they have their eyes on a couple of things, why? Just look back to previous Rns', the placing before the recent one the BoD used 'acquisitions' and then announced X 2, Semnet and Easysend.
The one before that they used acquisition (singular) and after that they announced buying Paypt.
I have absolutely no doubt they will again announce a further acquisition or 2 in the very near future, and im excited to find out where in the world they are targeting next.
Carry on BoD.
Not a cross ramp... just found an example of how companies can acquire, fund and place to retailers' advantage, instead of just doing deals with... whoever.
never ever posted on that share... never owned it.
the acquisition really needs to come along as, if it doesn't then that means the placing 'will be principally used to accelerate the implementation of the Group's GS Money strategy' instead of 'potentially via further acquisitions.'
noone likes the word 'potentially'. that's a lot that still has to manifest into success. If all of them come good then everyone will be laughing... but the timeline for them is... ? There's no proof that they'll come good in time for results.
as for 'casting doubt with out BoD', the only reason the major pro-posters are here is because the BoD did an absolutely sh***y fundraise via clns. Don't recall why that was the preferred route to money but it murdered the sp. so, in reality, all the optimism comes from a trashed share price and a lucky opportunity that they decided to cancel the clns with another raise. if that hadn't happened, there'd be no real rise in the sp for 2 years.
Not saying they're bad and maybe their time has come with UK govt stablecoin moves... but don't paint them as geniuses: their average sp is 2p, ffs!
Kat is a pest...
A pretty dumb pest at that! 🧐
See you've done it again Kat, you just cant accept it can you?
It might be just you who doesnt 'like' what the BoD write, if you dont like it why on earth are you here as theyve been saying the same thing on every placing? Seems weird you havent pulled them up on it before?
Jury's still out on if they'll deliver. they still might... just because they took '2 weeks and a day' last couple of times, doesn't mean it'll be like that now. but if it doesn't materialise in another couple of weeks...
(also, as a side not, i recall someone called splatted raving about the share 'bouncing' when is started sliding at about... 1.2? that was back in 2022... been a long two years of spikes and troughs. and i'm waiting for the next spike... is all.
Answer the question Kat, why have you never mentioned the wording before now?
As i just said, the acquisition could come in the next couple of weeks so, i'm waiting on that... but the fact that the placing was done at a 20% discount - when 'everyone' was saying they're coining it in - to the pre placing price (actually 25% to the 1.4 spike the day before) was quite a dirty trick, esp. not inviting pi's to participate.
don't recall the situation on the other placings but all i know is a placing that mentions the specific reason and invites pi's in is grudgingly more acceptable than mystery placees enjoying the benefit?
Not on this share it isn't, which is what I've trying to get through to you. Same thing said each time, only change is whether its acquisition or acquisitions. Accept that and move on
Well, maybe that's why it struggles to get past 1p permanently!
It's official kat
Is thick!!!
Kat the Mcap now is about right imo.
Until we know the figures, acquisition, easysend approval etc etc the price may stay around here. Time to make your choice and stop whining.
The funds raised from the Placing will be principally used to accelerate the implementation of the Group's GS Money strategy, including potentially via further acquisitions. Further announcements will be made by the Company in due course as appropriate.
Had to read that again
This board see's more guff than SYME circa 2019.