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Mystery solved. Phoenix Asset Management Partners Limited doubled their position. 5% of share capital changes hands and the price doesn't budge. Follow the money

Is expected next Thursday. What are the chances of a spike here?

Hoping for some positive share price movement in the upcoming weeks. June 22 results due to be published by the end of September. We have a pretty good idea how they will look per recent trading statement. I do hope they are accompanied by a trading statement for the 3 months to end of September. The company navigated the pandemic extremely well. I do think the cost of living crisis / inflation worries could play to the groups advantage. Less summer holidays overseas, more trips to Brighton pier and lightwater valley. Re lightwater acquisition, they said in the investor presentation the directors said there should be an immediate uplift in revenue (relative to previous owners results) by increasing food, beverage and gift offerings. Elephant in the room is cost of energy for small business. I think truss's package for small business is still to be announced but would expect the brighton pier group to address business impact in the upcoming report publication. Hopefully mitigated by Truss's intervention.

It pays to do the sums shedit. Thanks for clarifying

Are you referring to the £2m trade at 1601 or was there a £1.5m trade before that?

Djenk too many zeros. 3% of 1.6m = 48k.

Wolf, you book the lease liability when you sign it. You book a liability and an asset. I don't see any rolled up rent. Have a thorough read of the detail of note 9, all the detail is there for you. The liability will unwind as you pay rent per lease agreement.

Wolf I don't see any deferred rent on the BS. If you are referring to lease liabilities (note9) this is standard accounting for lease liabilities - the net present value must be recognised. You will also see a corresponding asset booked.

DG. You get gains relief on disposal of the shares if held for > 3 years as well as the income tax reducer on your initial outlay, this makes investing in EIS shares more efficient than your standard share purchase via isa. I would point out that the company needs to continue to meet strict criteria throughout your investment period or the relief can be clawed back. I am going to have a poke about this venture as you have brought it up. I have bit of dry power.... I would recommend looking into PIER, Brighton pier group. Has navigated the pandemic well and is slowly proving to be managed by a competent group of entrepreneurs. Results for 9m due out end of September I expect them to be stonking.

Cornish thanks. So the role of NFTs is to verify ownership of the product in the transaction - a security feature you could say. Interesting (according to my limited of NFTs) NFTs were intended to reduce fraud / enhance security on transactions. For a minute I was wondering whether SYME were in the market for those crazily priced artwork NFTs.

Can someone explain what NFTs have to do with the first IM? I've looked into this share a few times but have always been put off by the craziness of this BB. Usually an indicator that things are not well. However the RNS last week has piqued my interest again. What do NFTs have to do with the business of SYME? Also I remember there was a lot of debate about how the transactions would be recognised in company accounts, have SYME set out in a document how each side should record the transaction ? I would like to get my head around that

11m ebitda, more debt paid down. 40m FY revenue for first time in company history. There is a lot to like here.

Thanks for the replies shearclass & dimi123

Hi shearclass. How do I find information on historic trade volumes?

Seems like somebody is telling porkies

Options granted in the current year are expensed to p&l at FV and spread over the life of vesting period (5 / 10 years) I think prior year options may also be revalued. This is a pretty complex calculation and they don't break it down in the accounts. There is some more detail in the YE 21 accounts. Important thing to note is these are cash efficient, the company doesn't pay out cash when options are exercised, the entries hit equity.

I think it's because the company has usd functional currency. Not sure what the translation directly relates to but suspect it has to translate gbp or another currency asset to usd for the annual report. Nothing in the report to explain

Due by end of month per last rns

Exactly my thoughts doze. I bought a couple of tranches during / after lockdown and took advantage of the recent spike to exit with a decent gain (which my portfoli greatly appreciated). I had always intended to jump back in when the opportunity presented, the results have been very encouraging. I am now hesitant to jump back in given this bit of news, coupled with cost of living crisis it makes it just that but riskier that I want to be right now. A statement to clear things up could push me one way or the other.

Insiders are probably restricted from buying during a fsp