Member Info for cyberbub

Interesting exchange. I find it very hard to believe that TSL would have issued a public report stating that Cmet had done a deal, when Cmet haven't announced it. TSL would be in big trouble with the stock exchange, and this type of misstep is normally prevented by advisors who check every report and stock exchange statement.

I can only assume that TSL are getting confused with the original proposed LB deal from last year.

Would be very happy to be proved wrong... :-)

Look at those two shares for example, I was very tempted to buy HE1 at 0.3p after a big announcement a few weeks back, but I didn't.... Within days it was a 10-bagger...

Or TUN which 8-bagged in just a few days last week...

They do exist, if you spot them....

5-baggers or 10-baggers are 'relatively' common, there are always a few every year on AIM. The people who make the rare 30-50-100-baggers are those who are willing to take the big risk on small shares. In the case of CMET it's people who bought at 1p, when the company was running out of cash and was under threat of losing its licences and its dealt with LB. If someone (not me sadly) had the bottle to buy say a million shares at 1p last summer and just held them for 5 years, there's every chance that they could end up at 100p... The mythical 100-bagger! As Buffet says, buy when there's blood on the streets...

GLA NAI

I was in Eurasia, bought a modest £10k at 0.6p, held for months as it frustratingly kept trying to rise but hit resistance at 1p and fell back every time... Eventually in late 2019 they released a stonking RNS and it jumped immediately to 2p, then to 7p, then a stressful few months mysteriously suspended, then reopened at 10p and just kept going... I sold out at 20p, but it rose as high as 40p... Some holders I knew had bought 5 or 10 million shares below 1p... Jammy b*stards! So it does happen...

How would people compare Sondrel with Ensilica, which seems very similar?

Ensilica seem to have agreements which allow them to get ongoing royalties or some sort of revenues from the chips they design? They also seem to have a much bigger sales pipeline, is that right?

Just trying to get a handle on the medium-term merits of SND, given that finance is (hopefully!) on the way to being sorted...

Thanks for any comments.

Can you provide a link to the statement about a 700p bid?

Fre1, directors won't be able to buy as it's too close to the interim results...

Someone seems to have a large buy order in at 0.13, I can suddenly sell plenty at 0.1255...

Agreed Hedgecutter, I doubt that Selan would have gone to the trouble of a deal with SYN if they hadn't already got the nod from the GoI. I would hope that approval will be a formality and be done within a few weeks perhaps, especially with the govt seemingly so keen on gas expansion and also in an election year...

SYN may have given away 50% of their holding, but the 3 drills by a large and experience partner must have a high chance of success IMO. So the *value* of Syn's remaining 50% must be significantly higher than when it was 100% and they had no money for drilling... IMO of course...

I imagine that drill planning can still go ahead even while waiting for GoI approval... Save time later...

Did the company not state that there would be a cash sum paid by the Farminee on signing the JV, which would "reflect previous investment" or words to that effect? Surely this will be several million US? Why would they need to do a placing in the short/medium term in that case?

If cash burn remains at approx £4m (increased marketing costs but decreased development costs) then surely it will not take a huge number of paid users to reach breakeven, at say £25/month (£300 a year) and assuming a 50% gross margin? My maths says barely 30,000 paid users - if the product is genuinely top class then I see this as not at all challenging...

A director loan of £200k would send the SP on a massive run IMO. The company is still clearly very undervalued based on their assets and prospects, but the cash position will be making some investors nervous.

This company does seem undervalued, but looking at the last results, surely they must be running on fumes in terms of cash?? Is there a placing incoming?

OK, so possibly it's the Bank of Singapore which is suing Candy for devaluing the shares he'd pledged to them by shorting them? It's all very confusing!

Overall I don't think there's likely to be much impact on Boom, at least not in the medium term. The company is doing the right thing in business terms, growing rapidly etc. They can't be responsible for the shady shenanigans some of their shareholders get up to.

OK thanks. So there's a possibility that Candy might have to liquidate his holding in Boom if he loses? The problem is that he's only got about 2.5m Boom shares which are currently worth about £6m, a far cry from £150m....! On the other hand he would probably find a willing block buyer fairly easily, now that the prospects at Boom are looking far more promising! (Profitability and possibly maiden divi in 2024 etc).

Can anyone give a short and simple (and in standard English) explanation of the interaction of Candy and the court cases with Audioboom's small PI shareholders?

Is Bearhunter Jamaican, or just autistic?

Emerald51, you seem new to the stock market. I suggest that you read up on a few things, if you're investing your hard earned cash. Almost everyone loses money on the stock market, because either (a) they don't understand what they're doing, (b) they don't understand what other people are doing, (c) they don't understand what the company they're investing in is doing, or (d) they don't understand how the stock market works.

We were all there once, including me :-) Suffice to say that I lost almost all my money within 6 months of starting my investment career...

A quick tip which I hope you'll find useful: good news doesn't automatically cause a share price to rise, either immediately or at all. Very commonly, the good news was anticipated by traders weeks or months ago who bought at the bottom of the cycle, and are already sat 10% or 25% up - as soon as the good news hits and the new arrivals start buying, they sell to the new arrivals and take their profit, and the share price falls. Alternatively, what is announced as 'good news' can often be either very mediocre news, or good but not enough to offset a downtrend because the company is doing badly - again, any buying by naive new arrivals will be sold into by investors happy to get out, even at a loss, because they believe the downtrend will resume. Finally, especially on AIM, companies often release seemingly good news so as to pump the share price up by 10% say, and then announce a placing at a 25% discount, in other words, 15% below the original share price before the news - if you haven't looked at a company's accounts and cash burn rate to understand whether they need cash soon or not, then you will get hit!

This is just one of the many pitfalls awaiting new investors hoping to be rich! As they say, the easiest way to make a small fortune on the stock market is to start with a large one...

Good luck.

The last funding round at FME was done at 7p which was actually a premium. If the company needs another A$2M in the Spring then it could easily raise at 5p even if the SP is at 4p, assuming the news flow about their excellent resources continues... IMO