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was thinking the same thing babs - although 15p pre news would be amazing.. never know with this share!
morning mate.. lets hope for a good day
Hebrew article claiming 90M bid for team internet. Not sure how true??
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Jeez. One minute it’s 4% up and now over 9p?! FOMO kicking in??
http://www.evaluate.com/vantage/articles/analysis/tyk2-reaches-tipping-point
Thanks coldspy.. makes sense. What’s for sure is they will secure the future of the company going forward which should see the sp to levels it deserves to be.
On the plans it’s states $10M INVESTMENT from key shareholder... im assuming that means no placing or dilution? CorRect me if I’m wrong. Any ideas?
Did anyone go through the PDF today outlining the finances and uses of funds? Looks very Positive indeed. Payment to rainmaker and early repayment of bonds shown, still giving positive balances. The plan looks very thoughtout and comprehensive. Let’s hope bondholders and rainmaker agree!
I prefer steady rises than spike up! Let’s keep the rerate going. Hopefully reaches a respectable price by Monday and if it’s good news from the meeting then expect this to move very quickly.
Bid moving up slowly...
Starting to move.. need to keep momentum
Some talk on twitter about S4 capital being one of the bidders. Of course it’s all rumours, however looking into them, I can see why they would be interested (if they were) https://www.nbcnews.com/card/martin-sorrell-s-plan-build-digital-ad-business-has-officially-n890176
hopefully SP steadily rises over the next few days until the meeting on the 7th, then with good news.. BOOM!
can sell £10k at 9.4.. they want the shares.. hold for bigger gains!
Dont talk rubbish mate - this is NOT an AIM share..
For those sitting on the sidelines and worrying about placements/raise etc... from the updated presentation:
Raise $13m total - $10m from BH/Major shareholders
Remaining $3M probably by way of placing, although it would be at a much higher premium than current price and I see the SP rising significantly prior to this happening..
Some other key points:
Structued proceedings for the sale of Team Internet - 2 non-binding offers received already (rumours of Google being one, although do not quote me on this as its just a rumour, but even so can imagine a huge company such as google looking at TI)
Fair value can be achieved by allowing structured sales process to go ahead once future of Company secured.
Verbal agreement already reached with Rainmaker for the sale of remaining 10% of TI
Remember this isn't an AIM company, it is a main listed company, SP dropped massively due to uncertainty with disagreement with BH but that looks to becoming resolved very soon... watch this space.
Well said Jarv.. we’ve seen how quick this can move. Traders taking there 10 to 15%. Short sighted. News due soon, hold for bigger gains
Topped up in two tranches. Great price to get in at. It can move really quick. I see this rising as morning goes on