Member Info for chemistdude

of £2.5million. Let the takeover deals commence.

*and

Duncan Anne Goldie in for £100k a piece. Let’s get the takeover deal done.

Basware shareholder Arrowgrass wanted €669 million (£586 million) for Basware from Tradeshift.

They could buy Tung for a measly 1/5th of that and have plenty change left. An offer of £100m would be ~80p for us. Private Equity, Tradeshift, Coupa etc can fight for us.

Lets hope Basware's loss is our gain.

What’s not to like?!

https://www.finextra.com/pressarticle/71814/bnp-paribas-collaborates-with-tungsten-on-supply-chain-financing/transaction

Https://www.youtube.com/watch?v=6vKKpy5jW7k

All good thanks pal. How's Madeira? Hope your well mate.

Canaccord Genuity Raises Tungsten Corp PLC (TUNG) Price Target to GBX 92

Rick said in July they are creating (have created by now?) a PO proposition. To quote him from July: "For example, Tungsten processes purchase orders on its network, every single day, but what it does with them is simply matches them up against an invoice, very beneficial for straight through processing results. But now we’ve sat with our customers, and say what is that need to look like in order for your procurement people to use that purchase order as the means of delivering it to your vendors. So, armed with that recipe in a set of pioneering partners, Tungsten looks to deliver purchase order presentation on its network. Talk about being supportive for the penetration effort, vendors will come to the network when that is the place they have to go to receive a purchase order. Again, we have pioneering customers with whom we’re working to deliver that."

http://www.worldfinance.com/special-reports/building-the-future-with-electronic-invoicing

DONE!

https://register.fca.org.uk/ShPo_FirmDetailsPage?id=001b000000Mf9utAAB I'm sure we will get RNS today as soon as money changes hands.

If you look on the FCA website, you will see address, website, email all changed to the new owners Weylands/Steve Gupta.

From the conference call transcript: "We are leading with a invoice data capture capability that lets Tungsten get its arms around 100% of the invoices of our perspective and existing customers as we migrate them on a path towards a fully digital environment." So does that mean that TUNG can capture paper invoices over the network and offer ISS on that enabling TEP/finance on standard invoices?

Anyone struggling to replay try this alternative access code: 4705292#

@BPSF Rest assured they will be using their digital command centre to fully engage the suppliers and illustrate what changes they have made. I take today’s announcement was more of a press release. At capital markets TUNG told us some of the changes they are proposing. I made a summary here (see Iain Hunter): https://tungsteninvestors.wordpress.com/2016/02/17/tungsten-capital-markets-day/ You can see some of Prabhats thoughts from earlier this year on segmenting small suppliers and larger suppliers with different products for each here: https://spendmatters.com/tfmatters/where-tungsten-finance-goes-next-an-interview-with-prabhat-vera/ At the agm we learned that the financing products he is introducing will involve other funding providers but they will announce more once negotiations have concluded. Prabhat has been busy assembling his team, renegotiating the insight deal, negotiating with other funding partners, liaising with the IT developers to build and implement his own financing products at the portal and removing other bottlenecks and hurdles limiting adoption and working with Connie on supplier engagement tactics. It’s fair to say he’s been busy and today with the announcement made – Prabhats work has finally launched. I’m very excited and looking forward to hearing more in December and April. 2017 is looking very promising indeed.

Introducing Tungsten Network’s enhanced SME financing http://www.tungsten-network.com/blog/archive/introducing-tungsten-network-s-enhanced-sme-financing/

Tungsten Network bolsters financing offer 28/11/2016 Lower rates of interest and increased flexibility enables businesses to take more control of their cash flow Http://www.tungsten-network.com/press-releases/tungsten-network-bolsters-financing-offer/?id=20315

All change in control regulatory approvals have been satisfied and the transaction is approved. £3.95m received in part payment of the premium with rest to follow by 21st Dec 2016.