Member Info for funds4future

If you want an official update from EUA, here it is
"There have been no new developments requiring formal notification beyond those included in the Company's announcement of interim results on 30 September 2020."
Other than announcing a sale or the collapse of a sale, there is nothing else they can update us on.

It's obviously impossible to guess the date but my money would be on it going in to 2021.
I'll go for 11th Jan on the assumption they try to get there before Christmas but need a few days back in the office to sort things out in the new year.

Don't dismiss the possibility that the reason the sale process has gone on so long could be due to a failure to agree which could cause the sale to fall through.
I hope not but it's absolutely possible.

I'm not expecting any kind of detailed financial update for at least 6 months. It's possible the company is now profitable but if you look at the history of when they release their financial updates, they take it to the wire and sometimes beyond.
Anyone holding at over 2p needs to see this as a long term hold to get their money back.

Max, a LOT has changed within 7Digital since the last lot of financials. If they manage to achieve profitability by year end then hopefully they'll remain self funding with no need for another raise.
Unfortunately I think it could be a while before we get any confirmation of profitability even though they may have already achieved it.

It looks to me like the market had the same kind of reaction to today's RNS as I did.....Meh!!!

It's certainly not bad news but it's not exactly great news either. Online streaming of classical music isn't going to be a huge market and it could be a very short term solution. With the announcement of the vaccine from Pfizer we could potentially see a return to live concerts in 2021 and definitely by 2022 so the days of online concerts will be very short lived. I hope 7Digital aren't pinning too many hopes on it.

Care to put your question in English? You put a question mark at the end of your first sentence which wasn't a question then used another at the end after some terrible grammar.
Which losses are you asking about?

"they want your shares on the cheap"..... I assume you insisted on paying top dollar for yours did you?

Sunny, your link is to a Google search that is in no way relevant to anything at all. At least link to the original meeting note then translate that.

Dickie, it looks like Google must have given you a different translation but for me, it definitely gave a few other topics of discussion for the meeting.

It's funny that people are quick to quote "he doesn't know" but everyone else seems to 'know' this is linked to EUA purely because the words merger & acqusitions appeared in Russian at the bottom of an agenda.
It's at the bottom, last on the agenda with absolutely no detail whatsoever. Don't you think a £5bn merger or acquisition would make it to number one on an agenda with at least a little bit of detail.
I know I'll be shot down for negativity but I refuse to hang my hat on a pie in the sky.

This meeting has never had anything to do with EUA. It's a red herring. It's people grasping at straws. It's people with little patience getting carried away.
Nearly the weekend though.

Sionc, I suspect this is one that could potentially have periods where it stagnates but hopefully in the long run we'll see a general upward climb so it could be worth holding as long as you can.

Hey fellow newcomers. I invested a couple of months ago and have seen this do quite nicely since. If this was to get to £1 then my kids would all have their mortgages paid off so I think that's possibly a little optimistic to hope for. I bought this as a long term hold so I'm happy to sit back and check in once in a while to see where it goes. I'll be happy with 20p in 5 years TBH.

Yeah cut & paste the same old, same old

Zzzzzzzzz

Personally I don't think the winner of the US elections will have a bearing on the EUA sale whichever way it goes but it has the potential to have a big impact on many of my other investments so I'm keeping a keen eye on it. The problem is, Biden will be good for some investments and Trump for others but luckily I'm not American so I don't have to worry too much.

Mr Basse, virtually every US news site I've looked at has the predictions heading towards a narrow Trump win. It's not my prediction, I don't count the votes but it is what they are currently saying.
I hope they are wrong.

Respected for what? The ability to cut & paste the same info every single day?

It's looking pretty certain for a Trump win so there will be no need for him to contest it although he'll still moan about something rather than congratulate Biden for making it a close race.

If I had a pound for every time Mac posted the same quote day after day then I'd have more money from that than from my EUA shares. It gets recommended every single time despite it being old news and exactly what he posted yesterday, and the day before and the day before that.
Other than boredom and frustration that there has been no RNS yet what is the point of the constant repetition? If anyone did the same with a negative post they'd be reported and banned by now.