RE: This is what I see10 Aug 2022 11:47
Re Tradeflow Restructure. Everything’s is for sale at the right price. If this means maximising TF,s potential via a restructure then needs must. They bought TF to make money, how they do it is irrelevant, end of.
If monies raised by 00 fall short of objectives, additional revenue from sale may be the only option.
The balance sheet is king.
IMO yesterday’s RNS was a weak an attempt to increase support for pending 00. If its possible to close off the first IM prior to 00 deadline they will, if not support will be limited.
Fact: Trade volumes yesterday were low, showing levels of confidence.
One sale just doesn’t do it. SYME will need at least one or two a day from SME`S to make a real difference.
The only figures I can work with is the $10m between now and Christmas at (EST)3% = $300,000
I don't believe that's enough to see any major change.
Tuff post but that’s how I see it.
GLA