Member Info for Boombangabang

Always suspicion when MM quote the end of day price in the bid rather than mid price.

Buying on the dips. I thought dips were a thing of the past!

89,000 purchase at 1050p this afternoon?!

Looks like after all the small dips over the past 2 weeks the price is going to reach new highs before Wednesday Q3 and then push on after another upward re forecast of revenues - the 5th this year- and a further revised Allenby Note with perhaps a GBP15 target, or if they want to be realistic rather then conservative nearer GBP20. And that’s before FY21 revised figure GBP?

That’s a lot of details! I’d agree with all. But what’s the chance of that - and tomorrow! Just going along with your dreams the 2m shares would represent almost 15% of the company so pretty much white knight if you take into account Tobin and others holdings. Sounds like a £25 per share valuation very soon if this goes ahead.

But are you on drugs!!!!

The London market continues to be a major problem for Boom valuation. Not one MM will recognise the positives going on and UK day traders are still continuing to rule the roost. Of course it all starts with Allenby who set the tone and therefore I’m hoping there is another forecast at the Q3 trading announcement time.

This is a coup in the USA which is just fantastic for Boom. Added another USD 50m to the value of Boom.

https://audioboom.medium.com/hit-podcasts-the-way-i-heard-it-with-mike-rowe-and-redhanded-sign-with-audioboom-b8878205b3

What is the point of AAQUA buying more at this stage. Q3 will be announced with next 10 days max. I’m assuming there is a limit to how many times AAA can sit at the table. Although I suppose last time they only asked to come through the door?!
I

The sentiment is down. Don’t comprehend! Cheers

That’s a good rebound this morning. We can never know why prices react but yesterday was a very strange one with very small sell setting a trend for mid afternoon.
Onwards and upwards!

Audioboom can continue this upward momentum.
Is GBP 12 or even 13 early this week out of the question?
If it gets there then Allenby have to change their metrics which will really send the price rocketing. But merely up to what it should be. Minimum GBP 15.
Is GBP 20 achievable !

Mav - you traded and followed the classic trading pattern. Actually well done.
There are lots just selling at or around GBP 10 because of the emotional level. But why do that. We all know this is going to GBP20 one way or another. Totally crazy to sell now. Q3 results in a few weeks which will probably blow the recent forecast and make Allenby revalue Boom on a realistic basis rather than the paltry GBP12 .30 currently calculated on a fag packet

I bought today. Ok only 750 shares. Don’t care about AAA. If they come back they know it has to be cash or a well traded share n NASDAQ. Not North NASDAQ either.

Everyone on here is relieved that AAA has exited. Looks like the market thinks that as well. The price has recovered and now should get towards the brokers fair target price of GBP12.30 by Q3 announcement early October. If September is anything like August it’ll be stellar figures. The 4x earnings metric is going to have to change soon to nearer the industry norm of 6x. That’ll give an eye popping value!

Allenby just released a new note with a 1230p target.

Let’s see what that does !

Broker update won’t do anything to the price. Never has done. This is again a plaything for traders and MM. I hope AAQUA, Bonnier et al don’t look to sell. They are sitting at a very healthy profit having bought at 300p mark. My god that’ll be a blood bath. Putting faith in AIM is crazy.

Price now is 10pc lower than 880p before AAA bid. Update today is more than encouraging. Potential offer was 1200p. Right now it’s 33pc off that. 51pc of the shareholders “voted” for bid. Boom Directors have put the company and the majority of shareholders in a much worse position.

The directors need Allenby to put out a new note with a price target of 1500p.
The reality is Boom was 880p before AAA potential bid. It has just indicated stella indicative trading figures. The price is 4 or 5pc down.
Looks like the market doesn’t believe in putting a good value on Boom not being a takeover target.

That’s AIM for you. And it will continue

So it’s ok for the Boom Board to ignore the majority!
Everyone smiling because the price is down 100p
Is anyone in the real world here?
Update should have put this at 1200p? How long is going to get back to even 900p.