Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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They do a lot of work with Amazon. I'll be surprised if the buyer isn't Amazon. Pure guess on my part.
Like the 100% positiveness
Im not anxious. Speak for yourself lol
To be fair guys we are all a tad anxious
Let’s hope for good news soon
Hopefully 24 hours to greatness
GLA
Lol nice try deramper
They have until tomorrow to announce. Your not the rns service.
Lots of action and sustained rise on the bid
RNS imminently??
GLA
Any offer needs to be minimum 2 or 3 times higher than current share price to be accepted by the board and then this becomes just a cash shell.
The 6 million dollar question is this
The hopeful price paid for the 90% of
The shares Matomy own as TI is in essence
A Matomy subsidiary company all be it now
It’s sole revenue earner
They had circa 19 million dollars in June
Less cash burn
Any offer over 20 million will make the market cap higher than it is now
The real bottom line is a concrete proceed-able offer and what amount the offer is
2 days till we find out
Best of luck fellow holders
When team internet sells there won't be anything left here surely. The cash balance is sitting in team internet isn't it?
When team internet sells there won't be anything left here surely. The cash balance is sitting in team internet isn't it?
Looks to be in action again
Bid on the up in tel Aviv
Close??
It's up 10% on tase I think
An Israeli institutional investor called MORE Investment House is currently pushing up the bid in Tel Aviv, and has been since Sunday, hence the rising bid we have seen in London. No idea if they know anything more than we do, but pushing up the price in any case.
pure guesswork from me, but maybe amazon is the buyer?
Team Internet AG is feeling proud.
14 December 2018 ·
End of November at AWS re:Invent 2018, Amazon Web Services announced new enhancements to their network infrastructure. Guess who was actively using the technology already. ??
https://www.businesswire.com/…/AWS-Announces-New-Amazon-EC2…
"Located in Munich, Germany, Team Internet AG is a leading provider of services in the direct navigation search market. “Today we host our applications in five AWS Regions and plan to continue to expand to new regions to accelerate performance a...
See more
Are the MM trying to pry out some more
Cheap shares prior to imminent good news
Landing I wonder?
Can’t be long now till news
GLA
How does this match the calculation below
Subject to reaching and consummating a binding agreement, the consideration contemplated in the Sale Offer, when added to the cash available in the Company's bank account, is expected to be sufficient for the full and immediate repayment of the Company's outstanding convertible bonds, as well as for settling, in an agreeable manner, the alleged obligations of the Company towards Rainmaker.
Silly selling. Theres potentially a reasonable deal coming imminently
Looks like we'll have to wait for the RNS. Looks fairly high probability so maybe worst case a small extension. But i'm pretty confident given the RNS yesterday regarding Bond Holders meeting, and also the 17th Oct RNS, that it could be a real winner for holders
1st november v.likely
Ah ok thanks for clarifying. I should have perhaps read morew carefully. Doesn't look like much has changed.
We await the deal by 1st Nov, or possibily another short extension. We will see.
But the upside potential here is massive
Strange why they extended to 30th Nov... Which is today... When the 17th Oct RNS says 1st November deadline anyway haha?
I guess that means they are close though.
just got to compromise on the price.
30 mil or 40 mil ?
The previous extension of shareholder support was due to run out so a formality
To keep the ball moving
Must be so close to finalising the deal
GLA
Extension up to 30th November.
This company, if you read about it, is complete white dog Sh&@£. But if the deal gets done there’s many bags to have. Pure gamble. I may take a punt