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Why would they have to put money towards WL? And where is that in an rns?
The best share I have ever bought.... don't think I could live without out....not!!
My understanding is they need 1.5m to put towards first Banco BPM WL...
assuming they don't have 1.5 m stuffed under the mattress then they have to get it from somewhere so maybe this is it...
I have no idea how this will end up but will be interesting to see how it plays out 🤔
G L A
Ahhh I was wrong was only 3 x that amount
There he is........
Hughez - if your going to keep denying your not bullinvestor its best not use the same phrases that has been used on the telegram groups in the past.
There are enough shares for every person on the planet, 9 shares per person in fact. There are more shares in circulation than 9 planet earths worth of living humans. Confetti for everybody and some. At least he has enough money for a few more haircuts between now and 2029. aimo of course.
Well someone has bought 16k,s worth...
Bull is my old mate....move along now.!
We will do over 3 Billion today!
You seriously are needing your head examined Bull. Why on earth would anyone from BPM buy into this ?
A UK entity on behalf of its private clients.
Yet again all hidden.
Let’s hope the SFO find more detail soon.
What happened to the credit line from BPM which TwoGood was saying would fund the company? I feel a little let down and my averaging down around 0.03 looks like another big mistake. Do I go for it again? What are others doing to try to retrieve this dire situation?
near 700mil shares traded before 9am.....
what an excellent way to give those linked to banco bpm and neo bank one last **** drop to load up before wl transaction complete announcement which literally could be tomorrow....syme love a thurs rns!!
be interesting to see the volume at the end of today!
Looking good now top up while you can at these prices and sit back and wait for the IMs to start to flood in the Syme engine is warming up
Sharebel will have sold up and we won’t have to put up with their incessant ramping. Every cloud and all that….
Time for LTHs to riot.
Its only down 26% at the moment,:((((((((((((((((
Won’t go bust.
Time to accumulate.
Banoco BPM would have been informed funding was being raised no doubt one of their supplier going concern criteria..probably raised to a minimum threshold while WL IM progresses in the background!
I remember people on here saying it would never go down to the 0.01,well it has,:(((((
The New Equity Funding is expected to be used by the Company and Group to satisfy its ongoing working capital requirements and to improve the Company's overall capitalisation as SYME seeks to deploy an increasing number of IM transactions, including, inter alia, from i) the IM programme with the Italian neo banking group announced by the Company on 29 April 2024; ii) the commitment achieved from an asset manager specialised in digital assets to subscribe the first tranche of on over-all security token issuance as announced by the Company on 5 April 2024; and iii) the Group's first White-Label IM agreement with Banco BPM S.p.A announced by the Company on 3 January 2024.
Alessandro Zamboni, CEO of SYME, said:
"I am excited to see such great interest on our company by Keith, Bayley, Rogers & Co. Limited and its investors. It is the first time that SYME engaged a broker to raise capital and it has demonstrated that, as recorded in 2023, London remains Europe's most active equity market with more capital raised than the other European exchanges for high-growth businesses.
I am sure that our inventory funders and partners will see this capital infusion as a positive step forward for SYME, considering its key role as inventory specialist within the current Inventory Monetisation programmes and future opportunities."
What SP are you seeing?
Share price heading back up as investors digest the news and see both Banoco BPM and Neobank referenced into the RNS regarding imminent WL IM deployment which incidentally that RNS release could easily be pulled from the LSE if one or both parties had any concerns over being referenced in today's RNS's...afterall how many major banks would want their public image nd good named tarnished by being directly linked to either a scam or failing business, they could have easily stepped in and get today's RNS pulled and no doubt as part of their own supplier background audit and due dilligence of SYME's financial standing made fully aware in advance that funding was being raised to meet their obligations that a supplier was financially stable and able to fully deliver WL IM services.
DV - my average is a steal. I think the fact that I can invest and increase my holdings tells you I know what I am doing because I have made the large sums to do so. I am a seasoned investor thanks. DV again if this is not for you then jog on and put your own money in elsewhere! But there is a small window to get these prices! MM playing sellers literally! IMHO DYOR
What a load of rubbish
Legalized robbery of the highest order ! How does he get away with it?
No I have just bought more and will be buying more but cannot get volume buys! See the bigger picture! Suggest Wiggy you take your money elsewhere then! IM coming one after the other down the track! We are allowed to raise money for positive purposes this is what the market is for! IMHO DYOR