Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Luton.
Unfortunately some posters seem to make the same mistake, share after share, and yet seem to come on here and abuse normal investors..
https://www.stockopedia.com/challenge/2021/entrant/1281129/
Burnley.
I feel such a fool. You keep taking the p*ss and be thousands down and I’ll continue to be the victim with money in my account. Please may you continue to take the p*ss because its really helping my finances (thumbs up emoji).
Castle.
At least some of us can hold our heads up and say we were calling this since September 2020. I have to thank Extrader for opening my eyes to this, otherwise I could have been caught in this with the rest of them. And even now you have Trolls like Burnley trying to ban posters who speak truth to lies. Gotta laugh at them and there type. And where’s SteveK when you need him :-0
Burnley.
After the last few years of this share, and your posting history, It is sometimes better to say nothing and be thought a fool, than comment and remove all doubt!!
Probably why some of the normal idiots like Josh and Jonah are conspicuous by their absence today…
This is a big question for me. When SYME bought Tradeflow, they paid a ridiculous amount (equivalent of £2m in shares) to the advisers of the deal. Mates rates I would suggest!! Now consider the 4th March RNS in which they announced they have appointed an unnamed and independent adviser (the "Adviser") to complete a strategic review of the Company. I’m guessing they wont come cheap and smacks of another ‘mate’ bought in by AZ to cream off more money from PI’s all paid for by yet another CLN and dilution. Add that to AZ continuing to pay himself and others top money for a failing business and you can soon see why its worth keeping it going for another few months. And who are Venus Capital and who’s money is behind them? Negma seem to have disappeared as fast as they arrived. AZ maybe? He’s certainly got plenty of money in the bank..
It’s quite obvious the core (IM) side of the business is finished, and with AZ moving all its “tech assets” to another company he has allowed himself the potential to resurrected the failed concept under a new venture. I believe there are no tangible ‘tech asset’ but thats not the point, as long as new investors or loss chasing investors in the next company believe there are is all that matters.
Nothing in the RNS about Tradeflow, but only the equivalent of £7m has been paid for the company out of a reputed £31m. As I highlighted in previous posts, if SYME default on its contract to pay the remaining £24m, it could allow TF to legitimately walk away from the deal leaving current shareholders with nothing.
Interesting times ahead with very little wriggle room.
Hi SteveK. You seem like a one trick pony on SYME. Are you an all eggs in one basket kind of investor. I hope not because this one’s not looking good for you!! Any other little share tips you can give us?
Thick2.
I’d hate for you to be left hanging by WG. Maybe a quick bit of research on your part would tell you it makes its money primarily from advertising and data licensing.
Hope this helps.