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Someone seems to be in a hurry to increase their stake, yet more 50k buys and still going up - how long can this last?
The company has now placed twice in the last couple of months with around 2.5 million. What has changed since October when they raised before and now need so much more money and at a price premium?
YOLO is pleased to announce the placing ("Placing") of 11,562,500 new ordinary shares of 0.01p each ("Placing Shares") with existing investors to raise £1,850,000 (before expenses) at an issue price of 16.0p per share ("Placing Price"), a premium of approximately 6.5% above yesterday's closing bid price. As part of the Placing, each placee will also receive one warrant for every Placing Share subscribed for, exercisable at 30.0p per share ("Warrants") at any time from the date of issue up to 31 March 2021.
Anotehr +5%, lots of 50k trades, still looks like a buyer is about, hitting 3-4 year highs , rather amazing given no solid news.
Whats the reason for the switch?
Wow! You change your mind very easy. What about the b******cks rise?
Another continuation of the upward trend, +5%. I'd like to see more info on the plans for new company but suppose won't happen until the change of name.
I did see another advert for Roxi on Paramount, quite a long advert with the neighbours dancing and Alesha Dixon at the end.
Nice to see rise continuing again today, 12,500k buyer today, short supply or easing up on the rise?
fyi Product advertised on Sky News at 2000 hours tonight.
Bit of a down day today, several bigger sells but not too much of a dent in the share price.
Ron Dennis seems to see a future in the company (Roxi). Someone is buying, just a matter of patience to see what comes out of the rebranding/rename with the board members. Looks like taking a breather today.
IG margin rate is showing as 75%. previously was 68.5% as far as i was aware. any reason why IG would be increasing the rate. expected volatility due to the SP rising? is this normal?
300k just pops up at 14.5p - someone is eager to get these shares? still no holdings RNS though.
Looks like Mr 50k / 25k is back again, nicely up again.
23 December 2019 in order to change the name of the Company to "Asimilar Group Plc", to confirm the appointments of both John Taylor and Donald Stewart to the Board and to grant the Board authority to allot shares and to disapply statutory pre-emption rights.
Maybe jumped the gun, looks like news after the name change?
Start of some decent newsflow perhaps?
'John Taylor and Donald Stewart have been appointed to the Board of the Company ("Board") with immediate effect. John has joined the Company as Non-Executive Chairman and Donald has joined the Board as a Non-Executive Director and Company Secretary.'
Have now seen ROXi being advertised on TV - it was the 'Horror' channel in time for Christmas. Should add some value to YOLO.
Ron Dennis takes 10% of ROXI....
'McLaren founder and British F1 tycoon Ron Dennis has taken a stake in Roxi, the British music firm hoping to take on streaming giants such as Spotify. Roxi today announced that Dennis has taken a 10 per cent stake in the firm, which has a number of celebrity backers including Robbie Williams, Sheryl Crow and Alesha Dixon.'
check this article Akers posted on Twitter. YOLO mentioned.
https://www.telegraph.co.uk/technology/2019/11/21/former-mclaren-boss-ron-dennis-takes-10pc-stake-music-streaming/
Chris Ackers increase to 4%
Looking good today
50k buys still coming, another holdings RNS due?
Nice regular buys going through at present. Hope some good news on the new business comes soon.
Chris Ackers now taken 3%, surely something interesting?
YOLO name change, change at the top and the next BIDS?