Member Info for Aimigo

Barclays downgrade is misleading, says cut price from 1100 to 240 but 1100 was pre split so equivalent was 220 so in reality they have increased from 220 to 240 or in old terms 1100 to 1200...

Nice delayed trades shown up....Two huge buys today at 13:18:06 and 13:18:07 7,303,000 shares @210.16 over £15million each... Share price at time was 207-208 so must be buys

At least they're buying now and showing confidence in the move. Deal done is worth 1p so don't blame them!

I image he won't be the only one

Some big buys in the last hour to get the share price back up. Someone happy to take sizeable amounts!

£8million mcap on a deal worth $45.6million. Equivalent to 1p share price so current share price at a 70% discount

What broker do you use?

N&G happy to take £2million at 1p after the news of delisting from aim with intention of US Listing so they are obviously happy with the RNS and were waiting on the confirmation, so that gives me some confidence that we will see a rise from here.
Or do I listen to londondan shorting and ignore the confidence of one of the main shareholders, N&G...
NM inc could start buying shares at these prices, whatever shares they have at a discount to the 1p share valuation of the deal they're winning and currently its well below valuation and what they've agreed to pay...
Lots of games being played here!

Major share holders are happy with the decision. To me it seems they pushed for the decision. All with an average well above current share price.
Can now buy shares with a valuation of $12million for a deal worth $45.6 million deal.
Is there anything stopping NM inc buying up shares at these prices? Anything below 1p gives them a discount on the deal...

Napster isnt a dream though and is an up and running business with half year turnover of $43million. Extended deal with SONOS into five new markets. Napster isn't going anywhere and should continue to grow. Unfortunately MelodyVR have failed shareholder's and the UK listing has failed. US Listing is the way forward and the $45.6million deal, equating to 1p per share after recent dilution is now a significant premium to current share price. Current mcap value $12million compared to the $45.6million valuation for the deal. Definitely a gamble but that's well over 3x current price. Just got to factor in the risks and money being tied up till at least 2023 but if everything works out the value will be multiples of current levels especially for a Nadaq listing! N&G were obviously happy taking £2million at 1p where I'm sure if there was any doubt for them they would have taken them at a discount, they could have had in 70s over last month or so but seemed like they were waiting for the deal maybe?
For me I'm in for the gamble. I imagine a few people will be looking to buy at current levels and if it heads towards valuation of the deal before end of Jan can look to have a free ride with deal value multiples of current level. Board will be overrun with shorter too, all fun and games! Just don't risk anything you can't afford to lose, long or short

I think you're right Obone. For them it's a no brainer at these prices, anything under 1p is below the deal valuation. N&G were happy to take £2million at 1p so these prices are surely a no brainer for them...

Market crashed on delisting RNS. We now know where we stand with dilution and $45.6million works out at 1p share pice. For investors it's now a case if do you still want t to be part if the deal and anything under 1p share price is at a discount to the deal. For longs US Listing is good, for shorts the 1p is bad news from current share price being at such a discount to the deal

Dilution that still sets the value of the deal at 1p. We know every we stand now. N&G have just taken £2million at 1p so they're not worried and I'm sure they know more than us. Tbh I imagined they would have got a discounted price but that's not the case and considering the price has been under 1p for a while shows they're happy with the move

N&G £2million at 1p which coincidently after the dilution is the value of the deal €45.6million. They're clearly happy with the decision to focus on US Listing, with their average above the valuation of the deal.
New share price calculation. $45.6million ÷ 3419237667 = 0.0133 converted to gbp is 1p. As mentioned last night I expect the share price to head in this direction then its juts a case of how many people are happy to sit on their hands till 2023!

Investors wanted a change at the top and that's now coming. US Listing definitely makes sense and if they can meet the requirements for NASDAQ the valuation will be significantly higher than it is now. Anything under 1.13p is currently below the deal valuation. Will we get closer to that before end of Jan?
At least we might get to see some volume now. Currently £12million mcap for $45million valuation so short term I imagine lots of money will be made from here, ups and downs, then it's a case of how many people want to stay long. Some good money could be made in just over a year but its definitely risky with a lot of if buts and maybes and ties money up till 2023.
Let the fun and games commence. GLA

Noddi you're looking at today's volume and your maths isn't right!
$44,600,000 divided by shares in issue 2,962,945,547 = 0.01505. So 1.50 US convert to 1.13p UK

$45.6million valuation puts the share price at around 1.20

Slipping on very low volume and small sells. Currently unloved. I still feel its very undervalued and once sentiment changes there will hopefully be good gains to be made

Mcap lower than the half year revenue, even you derampers can't argue that this is very undervalued. I will agree its currently very unloved but hopefully serious upside from here.
It's funny Roxy music keeps being mentioned, I did really well with YOLO (stakeholder in ROXY) and similar situation there I bought when it was quiet and all negative on the forum, buy the fear sell the hype, if we're lucky

An update on the Beta launch of the app would be nice!