Member Info for Boombangabang

Unfortunately your figures are way off. AAA offering GBP 2 a share is GBP 32million so they have plenty of cash. Also some major shareholders may take no cash and all in AAA shares so less cash required. If I were to guess I think the firm offer on Monday will remain at GBP12 but the consideration will be a choice with up to GBP5 in cash and the remainder in AAA shares. This should please most small holders. Otherwise they’ll have to sell. Shareholder votes are probably over 50% now. Some institutions will have to sell if they can’t hold private paper.

I think your wires are severely crossed drice!

Looks like a lot of uncertainty. 120k trades around the close. Assume they are buys, but why was the price pulled back. Counter to any market force that I know. That’s almost 1% of the company and looks like a planned programme buy. So surely a form 8 from the buyer.

Agreed that business growth has been phenomenal and almost totally accounts for the share price doing so well. However there have been significant new shareholders taking up strategic positions over the past 9 months - AQQUA, 192 etc. which has given the price a kick up. The AAA potential offer is 35% above the current market price. Market doesn’t like the bid as it’s too heavy with AAA shares and isn’t placing 80p value on AAA shares. OTC commences on Monday. It’ll be very interesting to see how the prices are quoted. No other potential bid will come until AAA shows its hand by 16th August. Spotify have shown the way in acquisitions and Apple are hot on their heels. I fear for Audioboom if they stay independent. How can they compete with the financial firepower. Yes Audioboom would still grow and find a niche for those podcasters and special talents who don’t want to deal with the inflexible mega companies. But I just can’t see a Boom domination as you suggest.

The declared shareholding of Triton represents the remainder of approximately 300,000 received in consideration and part of the break clause some 3 years ago.

AAA bid can’t be considered opportunistic. Price last year was GBP 2 and no buyers came forward. Price currently GBP 9.50 and an offer of GBP12 to be confirmed one way or the other by August 16th.
AAA may be a middle man. Does the dirty work of getting Boom private and that facilitates an on ward sale privately to a big media company which is just not interested in going through the bidding hoops in public.

Very good!

I really thought Boom had gone past the routine pain of AIM traders. I can’t see how this can possibly be day traded. But here we are again. Record results posted today and a buyer showing its hand with a £12 bid. Whether you approve of it or not it’s immaterial. The bids on the table subject to certain conditions. The time frame is a definitive offer must be made by mid August. So why in god almighty is the price down ( today) and not nearer £12!! He moves in mysterious ways.

Presentation on Thursday . I received an email. There hasn’t been an RNS. Maybe contact the company.

RNS released says maiden profit in Q1 with revenues up 59%. Loads os cash. Average earnings per 1000 downloads now over £40 up 13%.
Absolute brilliant Q1

And of course now 4th largest podcast company in USA.

People will now sit up and bow to this achievement.

Q1 is Wednesday 14th.

Great article in Guardian.
Q1 on Tuesday
All positive
Price has at least double to go.

Q1 on Tuesday. All indications by those in the know who are currently buying are that it’s going to be very good revenue and above expectations.
Surely an offer coming soon. How many times does Audioboom have to prove itself.

Serious stuff going on here!

End of tax year and taking profits? Who knows. Anyway the closing price shown is the bid price not the mid price of £5.65.

There is huge momentum and no sign of abating. We just have to watch and wait as other forces are driving this somewhere to a minimum of GBP 10. Boom is in the sights of at least one buyer it seems.

Looks like Q1 forecast will be smashed and profit inevitable. Investors are now awake to the real value of Boom. The jump to 4th ranked podcasting business in USA is truly amazing. Well done Boom!

Looks exactly right and thx for sharing with us.
At 10x revenue ( which is Wondery valuation metric) we are looking at $400m valuation for Boom!

I’d agree that announcement may be imminent. 9% rise today and that doesn’t happen by accident. £4.50 seeming cheap already.

Boom marching on whilst other flag. Just gone to 4th ranking in USA. Ahead of Wondery which was bought for $300m by Amazon a few months ago. More to come as you say.