Member Info for -Rob-

It will all depend on what news comes with the financial results. As they're releasing 2019 & H1 2020 these results might not confirm propfitability but if there is extra info giving revenue details for H2 2020 then we could see a substantial rise in SP if it's good news.
So in short, anywhere from 1p to 5p is possible by the end of the month. Place your bets now.

The Triller effect was bought in to the price as soon as the contract was announced

Down 3% on opening this morning so I don't think Jr is quite as influential as his Dad.

What happens on 9th Sept?

Trump, when the initial contract was signed with Triller it was a totally unknown app that was making no money so the revenue to 7Dig would have been small. 7Dig have never had a contract with TikTok but they did have a contract with Musically which was eventually bought by TikTok. Again it was a relatively small app so the revenue would have been small.
As for 7Dig being at 5p 2 years ago, there has been a huge dilution of the shares since then so if we get to 5p again, it'll be a very different position to having been 5p in the past.

Yesterday absolutely was a car crash. If the raise was good news then we wouldn't have seen the SP drop 20%. Further dilution is never good news.

I regularly see people post on here they get NT when trying to buy so how does someone get a 5m share trade in a company like this?

I was doing the school run this morning so I haven't yet read the full RNS which seems to be a long one with plenty of detail so I've got it printed out ready to have a proper read over lunch.
Unfortunately I doubt many investors will actually take the time to read it, they'll see a headline, read some comments and draw their own conclusions.......exactly as I have so far ;-)

The institutions will have had conversations with Koch and Langworthy who will have provided as much information as they can about the future of the company but the devil is right, divulging information that has deliberately been withheld from the stock market would be illegal insider information. Having said that, there will be plenty of people within the company that know who the global tech company is and what the short term future of the company looks like so there will have been some small leaks and some potential investors will get the info under the radar but certainly not officially.

You may see this as inevitable but personally, I didn't see it coming at all and judging by all the rose tinted ramping I see on this board on a daily basis, I don't think most of the regular posters saw it coming either. With the potential announcement later this month of the company becoming profit making and the recent extension to the Triller contract & the new global tech, I was very much expecting the company to be self sustaining.
Hopefully this raise will be a very positive move in the long term if it helps the company to grow and secure more business and bring in bigger and better revenue streams. I'm now just a little cautious that this could be more of a survival tactic and the future isn't quite a rosy as we'd hoped.

The time difference is there every day.
The time difference is mentioned nerly every day.
The time difference rarely makes any difference.
America waking up makes no difference.
This is a UK share traded on a UK stock market.

What has worried me all along is the November deadline set by Trump who might not be president in December. Would Biden uphold the same restriction on Tiktok if there has been no sale? I don't blame Bytedance for holding out. Why rush in to a sale when Trump could be gone in a couple of months.

Triller could still have a strong competitor for many years to come.

Are you suggesting that 7Digital need to do another cash raise to survive? I don't believe that they do.

"useful and interesting posts"..... I remember the good old days when we used to have some of those.

Smokie, you could ask the same question of any post ever posted on this board.

The whole point of investing in shares is that you are trying to predict the future.

With the hype over the TikTok sale and 7Digitals Global Tech client both growing over the weekend I expect to see a reasonable jump early Tuesday morning, possibly up to 4p but then a decline back to around 3.5p as the week progresses if there is no further firm news. A good opportunity for the shorters and hopefully an overall gain for LTH.

Obviously I could be wrong and any firm news would blow all that out the water so please DYOR.

Did you read the same RNS as the rest of us? How do you read anything positive in to the news that they are going to be issuing the interim results? It is a legal requirement to release the results. It is a foregone conclusion that it's going to happen. It's neither good or bad that they announce it. Fingers crossed that when we do see the results that there is some positive news in there to push the SP a little higher.

What makes you think the global tech will be named any time soon? They won't have made it confidential just for a week or 2. It could be months before it's revealed.
Just because the contract goes live in August doesn't mean anything will be announced.

People have been buying this share every single day for a long time. What makes you think a few buys after 4pm means a leak?

6% rise and people think they're going to be millionaires.