Member Info for Boombangabang

You’re right Mav but only as you say to prevent rose tinted views. The tome was self indulgent and of little interest in that it set out to demolish in a disguised one sided tirade. Anyway enough airtime has been given already to the weasel.

Why don’t you just go away. You’re not invested

Thanks for the heads up on your self proclaimed profile. That’s how I’ve always judged you rest assured.

How can AAA announce NASDAQ is their target listing in the middle of a potential offer for Boom. There are regulations to follow! Full of misinformed and misdirected posters ( and I suspect not even shareholders).

Trading today. Who knows?!

Uncertainty until 10th Sept is bringing these exaggerated swings. Impossible to trade. You either stick with the investment based on the knowns or sell based on the unknowns!

Trading didn’t turn out as expected. What on earth happened. It looked like there was strong buying but the bid side just took over.

GBP10 !!

Hopefully GBP will be history soon. Tried to test this level before but some investors just can’t resist relieving themselves of a share which is going to be worth a lot more and very soon. The ACAST coverage by Barclays further underpins the belief that Boom is worth near GBP 20. ACAST is on Stockholm exchange with a valuation of USD 500m based on 6 x 2022 revenue. Boom should be USD 350m.

Totally agree Drice. I want a good bid in from AAA and then a superlative counter bid from a big media company in cash or if in part equity then that has to be a good quality listing. Apple would do! I hope the directors and advisers of Boom are talking seriously with someone else other than AAA. Let’s not rubbish their opportunism. It may lead to something better. Price has to be a minimum of USD 20 per share or GBP15.

Boom has increased metrics by 5% and established at 5th in USA. Competition show 13% reduction. https://twitter.com/tritondigital/status/1428463031164473350?s=24
This new Triton analysis of podcasts for end July should make some big players sit up. Audioboom is leaving competition in their vapour trail.
Can’t wait for the new bid from AAA on 10/09 or the Q3 results a month later .Whichever gives the best for Boom.

Succinctly put. I agree the price should have risen as the two sides are talking.
The beef is pi’s not wanting AAA shares as the company is now delisted. Mistrust or whatever
The fact that the company is going great guns and by simple comparison with other companies in the industry should be 1500p. Last broker note has a 1050 p target.
So why not over 1000p at least. Well simple. This is AIM with monkeys calling the tune.
I positive that AAA will succeed. Cheers.

All seems quite sensible. Boom directors doing the right thing and not closing the door. They have to look at full value for shareholders. I’m not surprised at the market reaction because this isn’t a proper market in Boom. Everyone knows the true value of Boom but the traders on AIM will not allow a realistic price. Make your own mind up why this might be!

Would have joined but I’m not on Facebook and no wish to be.
If you choose another private forum, say WhatsApp then please let me know.

Get a life veto

Hilarious ,though perhaps not the word, that it ends up at GBP 885 which is the price before the bid by AAA. What does that indicate. Offer not moved on to firm offer on Monday? I just don’t see AAA giving up that easily. They have AQUAA and Candy committed. I don’t think the offer was made for spurious reasons. But what I do see is the market being manipulated to try and stuff the process up.

I don’t know where you are sourcing your shareholding figures. AAA do not own any AUDIOBOOM shares. I don’t know how you’ve established who is aligned with AQUAA and Candy. I’d just wait until Monday and see what happens rather than trying to calculate something which you’re never going to establish!

In particular, a scheme of arrangement requires approval from shareholders who constitute a majority in number of each class of shareholders who are subject to the scheme of arrangement and who are voting at the meeting. This majority must also represent at least 75% in number of those shares which are voted.

Yes. However nor certain of the majority required. Obviously over 50% but it could be 75%. I’ll check.

Good to have a debate. The overriding element here is we do not know what is going on. If you’ve ever been on the a inside of a takeover some of the players don’t even know what will be the outcome. Things change daily against the master plan. Unknowns rear their head. The figures are not what we should be concerned about. Sell now would be my advice to any pi who doesn’t want to gamble on the outcome and doesn’t want AAA paper. I personally have time to see how this plays out and wouldn’t be averse to having an investment in AAA. But it’s not for everyone. I’ll take whatever cash is on offer and I reckon it will be more than the indicative bid. Cheers.