RE: Acquisition16 Jul 2025 17:08
This is superb. They explained the cash flow with the payment terms in the results.
Then this The Initial Consideration Shares, the Deferred Consideration Shares and the Contingent Considerations Shares are all being issued at a price of £4.44 per share, being the 90-day VWAP of Audioboom prior to the Company and Adelicious entering into their Letter of Intent on 15 May 2025. The £4.44 issuance price of the Initial Consideration Shares represents a premium of 58 per cent. to the closing mid-market price of an Ordinary Share of 281 pence on 15 July 2025 (being the latest practicable business day prior to this Announcement).
Then advertisement revenue being a big driver and they added 20m downloads to go get more revenue from.
Hopefully pick up some in the 270s to add to the 2k I managed. Good business and bit of business.