Member Info for Brainer

Why is it dropping like a stone?

Emerging star will come with emerging revenue in September results

Boy this is gonna go crazy when people realise previous RNS that caused drop is useless and not related but today’s RNS is great and indicator of BIG future

Clearly means everything as they are expected to be, expect a great result from DA in beginning of September

DA Recognised as 2018 Emerging Star in IoT Security Market
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Tern Plc (AIM:TERN), the investment company specialising in the Internet of Things ("IoT"), is pleased to note today's announcement from its portfolio company, Device Authority ("DA"), the IoT security business in which Tern has a 56.8% holding.
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DA has announced that it has been recognised as the 2018 Emerging Star in the global IoT Security Market by Quadrant Knowledge Solutions, a global advisory and consulting firm, in its recent study titled "Market Outlook IoT Security, 2018-2023, Worldwide". DA was named in the device identity management segment for its strong technology strategy performance and high industry impact.
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Tern CEO, Al Sisto, said:
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"We are pleased that DA has been recognised as the 2018 Emerging Star in the global IoT Security Market. Having recently launched KeyScaler as a Service, it's great to see the recognition DA is receiving within the IoT space."
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Boom, great news

Reason for rise to 50p is due to the potential rather then current assets! Reason for drop not applicable to current situation!
Because same announcement been made on 27th March 2018 in the result for the year ended December 2017!
then 3 month later on 13th June 2018 share price went as high as 58p. Why repeat the old news that’s not even applicable to current situation? Something to think about! Know the Game, share price will get back above 26p sooner rather than later, you might get a major holding RNS soon! I also think Tern raised fund to increase interest in DA.

Device Authority Limited ("DA"), one of Tern's investee companies and in which Tern has a 56.8 per cent. holding.

Tern announced on 1 February 2018 that the DA fundraise had not yet completed and was ongoing, signalling that further announcements would be made in respect of the fundraise. Tern announced its final results for the year ended 31 December 2017 on 27 March 2018, in which it was confirmed that DA did not achieve the announced revenue targets for 2017, and the DA fundraising had not yet been completed.Â

Predator, I bought at 14p and declared at 9.04am, check my post, price was still at 15p that time, don’t make wild guess saying I bought at 19p, you are too inexperienced to understand mms direction.

Many including yourself thought it was going to 10p but mms tricked you. FYI last buy before close was at 19p, you missed the lows for 100% sure.

Predator, If the sp was to go to 10p then it would’ve happened today, it’s too late for it.
At 15p I said more like 24p then10p, when you said it’s going to 10p, right after it did 20p!
Who’s more right?
Experience son, we can see what’s coming by observing the order book, watch out for 25p tomorrow

You can clearly see it’s been taken down from 20p high today on small sells to get more 50k buyers in, I am guessing a 20p close today

It already did 20p in the morning, it will go to 26p in next few sessions, keep watching

Heading toward placing price at 26p imo

More like 24p today, bought at 14p

Imo

Continues buying 50k! Is someone building a stake?

I bought based on trend change and saw someone buying loads, it’s already proven as right decision!
Sometimes you have to decide quick observing mms direction

Sp flying back up with 50k and 200k buyer though, sp 16p now

Took a punt at 14p, its seems someone hoovering up shares, lot of 50k buyers

Share holders re-assured no placing, and it seems some money has been spent on a deal, so expect deal news anytime. With sellers out it will fly soon. Keep watching muller mate

Will be tested here