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Gdog,
Thanks for all the info.
I am most grateful
I do hope that, once they have met, the NASDAQ requirements they do list in the US.
That will be a major driver of their SP. ( And make things easier for you!).
As for my daughter, I have worked out rightly or wrongly, that it is easiest to just donate the money to her. She only needs to declare it on her tax return, nothing else and can buy anything she wants. (something called section 350?).
ATB
JR
All else is too complicated on both sides of the pond!
Hey JR,
I just got off the phone with a guy (Jim) in the Portland, Oregon, office of Stifel. To buy TRMR.L here we'd have to go through their foreign desk in St. Louis, Missouri. It would be the same process with which I am currently forced to suffer, but you'd have even less control.
We spoke for several minutes. I told him a bit about the company, I went over a few metrics, and we then discussed how it's valued significantly below valuations given most companies that trade in this space in the USA. He then said what I've been telling myself since I started to build my position; if they execute, it's only a matter of time before the list here, in the USA.
Fingers crossed it works out.
BTW: If you open an account for your daughter, in her name, over there, and it's worth more than 10,000 USD, she needs to report the account every year to the IRS. It's called an "FBAR", which stands for "Foreign Bank Account Report". I do one every year. It's easy once you get it down.
Gdog,
Thanks for taking the trouble.
It would be nice to know what the answer is when you find out. Its just that I was going to gift someone ( my daughter) in the states some of my trmr shares but not if it give them grief!
jr
Hey JR,
Sorry I took so long to reply. The answer is, as far as I know, it will not be any easier for me with the four different online brokerage services with which I currently have accounts. (Interactive Brokers, TD Ameritrade, E*Trade and Fidelity.)
I imagine if I owned an account at Stifel, that would make it easier. That being said, I do not like to speculate, because that's the same thing as talking out my rear. I may call them when I get a few minutes to intelligently (and accurately) answer your question.
Yes Gdog, agree, its all about what the company does. At least apart from our resident doom-monger we haven't the self-proclaimed experts talking in telephone numbers, saying they were experts and predicting massive profits like with Blinkx,
Time will tell onwards and upwards, hopefully.
Stifel on board will hopefully attract institutional investors in the absence of a U.S. listing such as Nasdaq.
Tremor don't yet qualify for a listing so they need to find a means of attracting more investment, bringing the company to the attention of some big Institutions is a logical solution.
Stifel also have a strong M&A Strategic Advisory team with experience of how to craft the message to public investors, to help ensure that an acquisition is well received.
So Stifel could be one day be doing more than Tremor are immediately indicating?
Gdog,
Does the appointment of Stifel means it will be easier for you to trade TRMR over the pond?
JR
Hey Crusty,
What matters is the company is nothing like blinkx. Give things time, the stock will follow if we execute on the fundamentals, as it appears we are so doing.
With those also trades of 7500 taking it down, then pulling it back up. I just hope that this time the performance will lead to a re-rating. Time will tell.