Member Info for BringMyReward

Yeah sorry meant 0.90 but looks like the directors picked some up at 0.75. Agree about the market, seems so dead at the moment. Major Xmas rally is much needed.

Agree with shenners, seems like we've hit a low point before we hit our high point. With the placing at 0.80 and I believe some shares were issued at 0.75, it's little wonder we are where we are. Seems a shame to have placed at such a low when we had finally moved back well above 1p, but I'm sure the sentiment here will change for the better. I'm still certain we will be in a much better place by Q1 next year. The one positive I take from the SP being so low is that it presents a great opportunity to buy some on the cheap. Remember how fast this moved last December? We might see a repeat this year!

buys towards then end of the day. Biggest I've seen for a while!

We have won some RTS awards! https://twitter.com/zinc_media/status/930450474226110464

I would have thought that they would have just taken more placing shares up if they wanted to put more money in. But you never know, they have bought on the open market before.

Well something has spurred this on. Some large buys going through!

Directors buying at 0.90 should put a strong base under the SP. Looks like it'll take a little longer before this starts to takeoff again. In the meantime fill your boots in the 0.80's!

Cheers shenners! Hopefully so. Monday should be interesting.

Decided to take 386k today. Can't see much more downside from here and 0.80 seems a decent price. Looking to buy a few more at the end of the month too. Hopefully your are right about next week, jenashon!

It seems the market hasn't fully woken up to the potential in ZIN. Having said that, I think the market is yet to wake up from its summer slumber. A lot have stocks have remained flat for months now.

Agree, the SP should be in much better shape early next year. Not long to wait. Not a great day for my shares today!

Not sure it would drop as low as 0.60 but you never know. I'd like to get some below 0.80 but we'll see. Have a good one!

was you tempted to pick any shares up on that dip? I would have, but won't have funds until next week.

Sounds good, I'll have to watch an episode, TerryDactil.

Great post, jenashon. Again it reminds us of how undervalued we are. I see the SP ticked down a little today. I think shenners is right about being able to buy around the placing price for a few weeks. I too am planning my biggest to up to date, hopefully in the next couple of weeks!

Been reading the details of the deal. Tern had �5.34m revenue and �0.30m profit. Assets valued at �3.01m which is what we�ve effectively paid (�2.35m in cash and �750k in ordinary shares). A further potential �2.35m to be paid in earn-out over the next 3 year period, of which 50% may be satisfied by issue of ordinary shares. The board expects the acquisition to be earnings enhancing in the current financial year. I wouldn�t say we got them for a bargain but we haven�t over paid either. If they don�t perform as well as expected we probably won�t have to pay more money via the earn-out. If they perform well it will be reflected in the price we pay. I think Tern will do well once it�s integrated into the Zinc Group. The main strategy at the moment is to buy, and build the group, making us more attractive to the bigger players. In the meantime we benefit from enhanced earnings and profits, hopefully boosting the SP. With Broadcasters wanting to invest tens of millions for production in Scotland and other areas, I think the board have made a wise choice in Tern.

Sounds good, hope to see you at the 3p party!

I was kind of expecting the SP to fall back to around the placing price. It'll take some time but we will rise again. Wait until the acquisition is complete and we will be back to business as usual.

If we keep expanding ourselves, eventually a bigger outfit might buy us out. Hopefully at a fair value.

Agree TerryDactil, it's a vote of confidence. Just not so happy about the discount but it's for a positive acquisition that will help us grow the group, and increase profits.