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£11.5m vs £5m mc
That will over double our market cap!!
It just sets the alarm off for the sale of imaginary shares to trash the sp.
Jeez you must lose fortunes earl with all this impatience.
I like how you keep buying in 20k blocks to make it look like different people are piling in, a few 40k blocks and 10k blocks then you dump the lot at 12.50pm+ in 5 lots for a whopping loss. You will lose the lot if you keep doing this malarkey !
Oh no Earl is trying to pump this one now.
I bought this at 3.25p in 2020 Earl and I sold most around 16-18p and some at 40p and then, but it meant holding a while and not a few hours like you intend to do.
why no holdings rns? I have asked the company this with no reply. Do AIM monitor this sort of thing? More or less 50% the entire issue of company shares has been block sold over the last few months, it is literally impossible for this not to trigger a TR1 unless its the same shares recycled.
What I've found with large buys is that the MM will sometimes REDUCE the SP to trigger stop losses and/or get weak holders to sell as they see their profits/margins slipping away!
Once the VW order has been filled, the price is worked back up again to above what it originally was
I can't see that being sustainable if, and it's a big if the market picks up and MBO attracts more investment. At its current price and a buy-out at @12 its still a healthy buy.
There's no such thing as a buy or sell. Every transaction has a buyer and a seller. It just shows the direction the price may be going
Transactions are NOT recorded as BUYS or SELLS - they are simply recorded as transactions by the FIX trade processing system!!!
It's up to individual software platforms to determine whether the transaction was a buy/sell based on the SP at the time of the trade
This will not be allowed to move up, simple as that. No holding rns gets tens of millions sold obviously by same seller. Same shares recycled in deliberate scheme to suppress sp. I am 99% convinced this is to facilitate a low ball sale, but anyone in at less than 7p average should be ok, I think they will make it a double figure offer, 10-12p my guess.
i took 40,179 shares and it is printed as a SELL.
There is no reason with regards spread to print that as a SELL
MMs up to their old trick. This is going up soon
mms don't know this because no Rns posted with "Mastercard is prepaid issued yet!
get this on your watchlist
take over looks on the cards now.
Rns was deliberately to put fear on current holders.
in fact the truth is MBO is on upward trejectory.
MASTERCARD Just gone live 13 weeks ago.
that's huge
25p
coming soon
"The Group expects to commence the issuance of MasterCard prepaid cards in the 3rd quarter of 2022, which is expected to complement the Group's existing e-wallet and will be part of the Group's end-to-end payment ecosystem"
Yep, and I still think its possible that all the selling and the exaggerated gloom and doom rns are a vehicle to keep the sp low for a takeover. Mastercard?
looking back to 25p
GLA and Dyor
It would also be nice to learn a bit more about the new revenue stream that went live 13 weeks ago, detailed below:-
The Company's wholly-owned subsidiary in Malaysia, MobilityOne Sdn Bhd, which received a license from MasterCard Asia/Pacific Pte Ltd ("MasterCard") to issue MasterCard prepaid cards, has obtained approval from the Central Bank of Malaysia to introduce international scheme prepaid cards under MasterCard's brand in Malaysia. The Group expects to commence the issuance of MasterCard prepaid cards in the 3rd quarter of 2022, which is expected to complement the Group's existing e-wallet and will be part of the Group's end-to-end payment ecosystem.
more cash than Mcap nonetheless.
No Debt
and has brilliant E money set up.
bargain SP
Yeah, was thinking that after I posted. I actually think they will rns re submission, but by no means a certainty. No block sells today (those last reds were buys), but then its only just gone noon.
With Mobilityone's history of being Informationally challenged when letting shareholders know what's going on, I would expect the resubmission of the FCA Application to have already been submitted!?!
As previously announced, the Group received feedback from the FCA, in late May 2022, to include additional information in the FCA Application. In view of this and after further consideration, the Group withdrew the FCA Application on 1 June 2022. It is the Directors' intention to re-submit the FCA Application by September 2022 with additional information based on the FCA's feedback.
"While it was originally the Group's intention to re-submit the FCA Application by September 2022, as most recently announced by the Group on 29 June 2022, the Group now intends to re-submit the revised FCA Application reflecting the FCA's feedback in the fourth quarter of 2022."
So- They won't re submit until the FCA feedback suggests it will be successful. Hence when RNS of re submission comes out its basically in the bag.
Keep em peeled.
Looks a banger from here to me. Quarter billion dollar revenues on a £4m cap, needs to do 200% from to get back to 12p
cash higher than Mcap
crazy, then this means business is Valued at Zero!!!
strange
mms made a new one blunder to bring this Sp this low
minimum 12p