Member Info for Hallowed

“I still think we have more chances to buy in at a lower sp in next 4weeks.”
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Absolutely…couldn’t agree more. Only first IM will change this downward trend in SP. IM won’t be release until they get IIs on board, as they do the rounds with the business plan IMO. Let’s see…

Expect more of the same historically until proven otherwise… no surprises yet on the upside. Have to read it as it is (not as you want it to be).

"I think you might be deramping hallowed."
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Have to look at all angles given their history...better to expect the worst and be pleasantly surprised..rather they surprise us for once and give a major boost to the SP.

"Doesn't seem the likely first option to me."
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No mention of it being first option and of course they have enough cash to repay the first instalment but it would appear more likely they use the CLN option given their history....that's all.

Talking about alternative views - given that the SP appears stagnant over last several weeks (with average SP last 20 days around 0.25p), it would imply the first loan repayment could indeed be more shares for October (equating to around 260m.) If this happens in the absence of no catalyst, it will be disappointing to say the least.

We wait with baited breath to see if SYME has finally turned a corner after over-promising/under-delivering for so long.

Blockchainer, this is not a typical trading stock (not yet anyway)..I can see SYME growing it's MCap longer-term if they come good on the expectations (was hoping this would start sooner but so be it). Let's see what happens next week. GL.

We can only 'hope' that share buying has been taking place in the background at current prices as SP is steady, otherwise much longer wait for a change in trend......I still think news next week and that will be very telling as to how the SP responds - either continuation of the historical distributions, or a change in trend (finally).
Currently the technicals and price action have priced in everything we know and it suggests nothing happening soon. It is what it is.

"The warrants may well bring in some more funds but I think the most likely route to drilling will be a JV."
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A JV before drilling? I'd be very surprised as this is no longer the MO of these oil plays.....they usually raise the cash just before the drill at the expense of PIs (and hence the desperation shown by extending the replacement warrants)..IMO most likely there has to be a placing at a major discount.

No liquidity in the stock as volumes dry up...usually indicative that nothing much will happen any time soon and we know how when SYME finally releases the expected news, there's been a tendency for some sort of delay or numbers not as great.

We need the SP to at start being the company (as otherwise, until that happens, this could surprise on the downside just as easily but if it did, this would only be doing as expected based on it's historical movements - so should be no surprises there). Hmm.....

"Sadly that is what many of these dumb traders attempt!"
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By 'dumb' I assume you mean retail because the professional traders are the ones that make money in any Market up or down (and in any case this is not the type of stock that professional traders get involved in - only the 'insiders' can work this stock).

“For the past year or so news has been left to last minute, hopefully this will not be the same.”
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Sadly, expect the same historical performance…until they prove different.

So we’ll get news next week but the big question will be whether SP has a sustained rise.

For those who got in last year (myself included), it’s was the wrong play at the time shown by the paper losses held, however management remained communicative throughout and the reasons for the delays seem plausible.

Now we are told everything is set up and on target for expected 2021 revenue whilst AB was more conservative saying ‘much work to be done’ or words to that effect….however, there should really be no more excuses for lack of SP performance from here on in and so if anything this should now be a solid buy.

Yep, have to agree. Chairman news by itself is good but hardly major catalyst to start re-rate...the price action is telling us the SP ain't going up any time soon......contrary to what I last thought, seems plenty time still to buy in the 0.2p's...May even have to wait for 2022 for most PI to be back in profit. It is what it is.

No matter what folks post, it has mostly zilch effect on the SP which is being managed. Have also filtered disingenuous posters. Ideal SP and time to buy in. (Most got in too early given the delays).

Technicals - Until we get consecutive days above 21 EMA ideally on good volumes, no re-rate yet. I too suspect news towards end of Oct. We need some of the expected news flows to start happening and happen it will.

This a great company in the making with multiple revenue streams. Expected revenue this year £4m-£5m - assuming top end of range that’s equivalent to £250m monetised (based on average 2% fee). If we exceed those expectations, so much the better and 2022 will be a transformational year for both the company and PIs (assuming no further dilution). GLA.

On my watch list for riskier plays….

“We each need to decide at what point that risk to reward becomes our price point.”
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Zombi3, agreed. So at this point you’re of the view the SP will rise? If so, good for you.

This is a binary play and so high risk…..might as well try and improve the odds before jumping in at current price (by waiting for financing news first)…you’ll have enough chance to gamble away any money nearer spud.

"Weak volumes usually translates into ‘we’re not ready to fly just yet’….."
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My timing is impeccable LOL....let me re-phrase above....strong volumes (and if we continue to rise slowly from here), usually translates into 'we're about now getting ready to start flying'.

I remember when I warned Peakhope about over-exuberance and subsequently the SP almost doubled but of course was a false start and never held. This rise is different IMO - given the % rise and expectant news for director buys, possible further Funds being announced and first IM, it looks more sustainable. GLA.

AZ said that the SP is not the company and vice versa.

That’s about the only accurate assessment of the SP he’s made.

Weak volumes usually translates into ‘we’re not ready to fly just yet’…..

its not a red flag its a colleague of mine that has exercised, you do realise the 12p warrants come with bonus 18p warrants.
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Doesn't sound too bright then...exercise an insignificant amount of shares (to get more insignificant amount of shares that cost much less in the open market. Unless (s)he has inside information, this rise is completely orchestrated.
PIs buying in now in the absence of knowing the drill funding...should not be investing here IMO.

Most PIs who got in last year are no doubt gutted to see the SP is the lowest it's ever been in the past 12 months. However, like professional traders, you need to have conviction in your investment/trade.

A few SP Catalysts:

One (of three) open-funding structures was launched ('the new proprietary structure' for TF) and announced as per 9.8.21 RNS. The SP was 0.245p and almost reached a doubling thereafter!

We still have two remaining open-funds to be launched and yet to be announced:

Reminder RNS 9.8.21:
"The Company manages three Open-Funding structures, in addition to the Bank-funding routes. The three open funding routes are:
· the inventory-backed securitisation note programme, also distributed by StormHarbour Securities LLP;
· a Shariah compliant investment product;
· a new proprietary structure, which includes the two existing TradeFlow Funds of which Tradeflow is also the investment advisory company. "

So we await the launch of the other two (and no brownie points for guessing what will happen to the SP).

This is all being carefully managed despite the doom and gloom.

Once IM is also announced and II's eventually get on board, the SP will reach realistic targets (and please, no crass SP predictions from unconscious PIs).

As AZ likes to say....'stay tuned'.

Nothing new to add re Interims. They confirmed my suspicions that long-stop date for FB talks to be extended- no doubt they will RNS this with hopefully another specific date to take account of changes referred to.

Going concern - has to be there as at this stage, as it is still unclear whether further cash is sourced from expected revenues (depending on how much of the originations actually monetisation on platform by y/e) or there will be fresh fund raises yet to be agreed.

We know they’ll be doing a road show to attract II’s and normally institutions call the shots, meaning they normally agree placement of shares at discounted prices (at expense of PIs)….so the SP could continue to be depressed, as clearly no new buying is happening and average daily volumes have been dropping. (Recently there’s been more posting than the number of trades made…never a good sign).

Until SYME provide SP catalysts, downward trend / depressed SP stays. It is what it is.