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Overall, I think Bango benefits. Most operator/carrier revenues come from outside the UK. Also they report financials in USD.

Mais le cours de l'action monte aujourd'hui, M Schwee

... Or maybe the 375,000 shares (presumably bought) this morning have given the mm's enough excitement to push the price up a notch.

Bango confirmed that this announcement is for T Mobile USA.
https://bit.ly/3Mie9Ej

Haha. I didn't intend to put question marks at the end of my previous post. I used a Thumbs Up emoji!

.. plus Liontrust have increased their holding, while Odey Asset Mgmt have reduced theirs. Quite a lot of institutional trading. Looks positive overall. ??

For 'App Growth Innovation '
Here's hoping they win.
https://www.linkedin.com/posts/bango_appmarketing-appgrowth-appinnovation-activity-6867029826063126529--pnY

3.3 million traded out of a total of ~76 million is 4.3%

https://www.proactiveinvestors.co.uk/companies/news/939244/bango-has-unique-solution-to-increase-advertising-efficiency-says-liberum-as-it-starts-at-buy-939244.html

I don't disagree with your historical analysis Ringo, but at least there is a prospect of a profit now.
You are also correct that Brits with credit cards tend not to use DCB.
However that misses the point that there are hundreds of millions of people who are unbanked in Asia, Africa and South America. They frequently use DCB because that's their only option. Also regional cultural variations apply. In Japan for example paying for goods on your phone bill is quite normal.
Bango is used extensively in both these environments. HTH

Check the RNS about NHN from 3rd April. That's when it was announced.

I haven't seen a big chunky buy like this for a while. Must be an institutional investor. A very good sign IMO. ??

23-Jun-20 15:50:14 193.476 414,489 Buy* 182.00 190.00 £801.94k

I agree about the lack of news. It gives the wrong impression. Perhaps Paul Larbey in his new role should give the market a vision of his plan to profitability. That's what all us long term believers want to hear. I have to agree with neil123's comment about a tech business vs a profit!

I sometimes don't understand how Market Makers make their decisions. Today as of 12 noon, there have been 75k buys and 17k sells of BGO yet the sp is down a few pence. For Bango, that's reasonable trading volume. Clearly not a supply and demand decision then. Can anybody enlighten me?

I saw a post on LinkedIn today which showed the Bango Wall they have in their head office. I used to work there (and am still a shareholder) but I hadn't appreciated just how many new companies had signed up to the platform. They can't always make press announcements, but they can put a company logo up on their wall!
https://farm66.static.flickr.com/65535/48204528176_08f8b1be9d_z.jpg
The LinkedIn post has a better photo and was from Ellis Reinman if you want to search for it.

Thanks Pensioner. I was able to read that article too. Often, I can't access IC documents as I'm not a subscriber.

It would seem that the margin of just below 1% is holding up and I would agree with Ray that there is no need to get business "for nothing". Bango used to go for market share at very low rates, but given how well established they are, that is no longer neccesary.

Slowburner. That calculation based on IWTO's assumptions looks correct to me.
0.5% of US$4bn is US$20m which is c. £15m.

The variables are the actual percentage that Bango will retain, which could be 0.5%, 0.4%, 0.3% etc., and the time they might take to get it all on stream. Changing billing integrators is notoriously slow with the big operators/carriers.

"RE: Indonesia
Things are not as simple as they seem. Segmental reporting is fine but some companies think it gives too much information. If Bango enters into a contract with Google in Indonesia then the sales are shown as being in the domicile of Google, i.e. the USA. Bango has been active in Indonesia for several years and the scope for increasing sales is nowhere near as great as India."

Pensioner, it is not simple indeed. Companies like Bango and other DCB billers may get paid their percentage by either the appstore or the Operator/Carrier. I have even seen hybrid versions where the appstore pays some routes and others are collected directy by the biller. Hence the domicile of the Appstore or merchant is not an accurate guide. I suspect that the location of the operator is a better indicator for segmental reporting. That is where the EUS is measured.

I use Barclays Stockbrokers, now called Smart Investor. It works well for me, but probably not the cheapest. Can always sell blocks of 3000 to 5000. I've been unable to sell 10,000 on a few occasions.

Spb, that is just the normal six monthly options grant. It occurs every March and October. They are issued at the then-current price and exercised some time later.