Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Tern’s share are not worth that amount.. Do you get it??
Tern selling their shares to an investor doesn’t increase DA’s cash balance. Tern will be diluted further as DA carry on issuing shares to cover the deficit.
Would have you believe that the loss of jobs and cut in salaries was down to a shareholder revolt. It was necessary, Tern could only raise £400k @ 2p..
That doesn’t support the ADFVN crews nonsense of Unicorns etc…
Increased losses YoY.
DA have shown no signs of growth. Other than partnership count, which isn’t extraordinary in an IoT software company, as nothing is standardised, making partnerships a given. ‘Partnerships’ have no financial benefit other than expanding the reach of your product.
Tern were the majority shareholder at over 50%. They agreed to the fundraise or it wouldn’t have happened.
That’s the highest price they could get. Not ‘Sod it’ and dilute existing shareholders. Tern could not be outvoted by ‘DA’.
Obviously the bidding war between AWS, Thoma Bravo, Microsoft, etc.. didn’t happen as the ADVFN crew predicted…
Minimum £1bn they said..
Are you deliberately trying to deceive investors or just acting like a proud parent Sweepy??