focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
https://mobile.twitter.com/AliceSerras909/status/1079652144968622080 There you go mate
Rumours that Google have approached Team Internet AG who is 90% owned by Matomy Media Group about a $120m offer for the entire company. That means currently #MTMY stake is worth $108m versus a market cap of $5m From Twitter
Can’t buy a bean but can sell £10k!
yes good point mate, thanks.. this could be a gem going into the new year.. fingers crossed! less downside compared to upside here
I'm sure funding needs to be secured going forward but I imagine this would be at a much higher premium than todays price.. correct me if I'm wrong?
"substantially higher" and "pursuing an active sale"... this will happen at some point, hopefully sooner rather than later!
The Company’s and Team Internet's managements suggest that it will be possible to sell
Team Internet for substantially higher amounts than those offered today. Company’s
management recommends completing the proposed plan and only thereafter pursuing an
active sale.
exactly mate - that's huge! looks like that part has been missed by most... offers for Team Internet.. when that sinks in, it will fly!
"The Company received two offers for the acquisition of Team Internet"
"The two offers are generally similar in timeline but differ in the offered amounts and
structure
? Purchase of the shares of TeamInternet held by Matomy or purchase of assets"
http://investors.matomy.com/~/media/Files/M/Matomy-IR-Media/presentations/matomy-bh-path-271218.pdf
link to the presentation in English - looks positive to me!
#MTMY Bondholders have agreed to give $10m funding at no dilution to complete purchase of Team Internet This should be trading back at 60-65p once news out Posted by Alice Serrano
Think patience will pay off here (hopefully). We all know news should be coming soon, limited shares in circulation, moves on small volume, placing shares nearly cleared.. hold tight.
Watermelon - great point raised. A lot of people assumed Octopus had been selling, me included!
Thanks mate
Hi Jarv.. how’s the chart looking? Ready for breakout soon? Of course news blows charts away but interesting to see where this is heading
Interesting to see larger buys now coming through in recent sessions.. Hopefully in the New Year we can see some progress on these multiple fronts. Although we offer a powerful analytic engine as part of our standard offering we are developing new product features to take advantage of advances in Artificial Intelligence and Machine Learning. In turn this may lead to development of new revenue streams. In the period the Company received approaches from several individuals and companies proposing a range of interesting product development initiatives, some of these are being progressed and could lead to interesting developments for the Company. We see joint ventures as one realistic way the business can be developed at a faster pace and less expensively than as a stand-alone entity and we will continue to explore this as a route to develop our product set.
Picked some up this morning. Excited about this share and where it can go.. ignore daily fluctuations and wait for the big gains!
Nice one mate. ATB. Thanks for your input
Yes mate - some big players on that list. Very excited about this share mate. Il be getting in tomorrow, I think below 1.5 is still a fantastic entry point weighing everything up. Placing out the way, we can motor ahead. Wonder how many shares left to clear still...
Thanks for that Scully. Been looking through the recent RNS’s, notably the recent contract award which is excellent, are we expecting similar contracts in terms of revenue? Where do you see this share price going upon news? Thanks for your input mate.