The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Hi Everyone
Its so frustrating to be kept in the dark...I called the LSE..no joy...called their PR...no joy...Linkedin messaged Alessandro to request not to forget the shareholders who support him and no reply. Called my broker and see below reply. Does anyone know what the **** is going on???
It seems SYME has to ask for suspension to be removed...I think shareholders deserve better communication irrespective of shorters or any other motives a company may have.
"Thanks for your recent call.
I've done an investigation for you as to what is happening with Supply@ME Capital (SYME) stock.
As you're aware, SYME has requested its shares to be temporarily suspended from the London Stock Exchange, as they are breaching the rules. As the company announcement states, SYME themselves will seek a restoration of its listing immediately following publication of its audited Accounts for the year ending 31 December 2019 and Interim Reports for the six months ending 30 June 2020, which were expected before 31 January 2021.
It's SYME themselves that have requested the suspension from the London Stock Exchange.
Unfortunately, this is the only information we have on the situation with SYME. I understand from our conversation you have already attempted to contact SYME directly regarding their current situation, but we do suggest persisting in this because unfortunately we don't have any further information to provide you with.
We are an execution only service, and unfortunately don't chase particular companies, such as SYME.
I'm sorry we couldn't have been of more assistance in this case.
Kind regards
Helpdesk Consultant
Hargreaves Lansdowne"
I know the shares have been suspended but can any one see what level of shorts and longs are being booked and at what price behind the scenes? Just curious.
I am hoping the redditt boys pick up this stock as a potential short by hedge funds and are betting the opposite way..if thats the case then this could 5-10x easily.
Would be interested in that insight.
The Company also confirms that no FCA investigation is underway. So shorters (you know who you are!) what bit of "no FCA investigation" don't you understand?
No means nana...zilch ,
FCA is Financial Conduct Authority and
Investigation is to look into something.
So No investigation means NOT TO LOOK INTO SOMETHING...I hope this helps and if is doesn't then I am afraid I really don't know what can. Maybe you should long the stock perhaps to cover you shorts.
Following the publication of Audited Accounts for the period ended 31 December 2019 and Interim Results for the six months ended 30 June 2020 last Thursday 28 January and Friday, 29 January 2021 respectively, SYME has successfully addressed the technical DTR breach regarding the timing of financial statements.
Immediately following publication, SYME made a formal request to the FCA for the lifting of the temporary suspension of its Listing and the resumption of dealings in the Company's Ordinary shares. The FCA is currently performing the regulatory steps required for the restoration of the Listing and re-commencement of dealings. The process has taken longer and is more complex than normal due to the change in accounting reference date, RTO transaction occurring during the period, and multiple financial statements that have been issued.
The Company also confirms that no FCA investigation is underway.
SYME expects to make a further announcement regarding the lifting of the temporary suspension and resumption of dealings in the Company's shares as soon as possible.
Like is star wars when Darth Maul was trapped in the doors and he decided to just sit it out. We need to wait for accounts to be published and it may be sooner than 31 Jan 2021 if we are lucky. 31 Jan is Sunday for we may see something by Friday 29 Jan 2021 if not sooner.
Thats because you guys get it and I always look forward to 2:30 when the Americans come on board...it livens things up. So grateful. So soon and the weak hands leave the table the pot will get strong
sorry example not explain
Actually Bitcoin is the first explain of blockchain which is decentralised and bulletproof and no government or person or better still MM can manipulate it. For SYME their platform is a CENTRALISED digital platform which means someone owns it. Anyway, what SYME is doing is ahead of the pack and once the SP reaches 1p..3p..5p that when the retail fomo will kick in...The institutional boys are already here...there are the ones there MM's are pushing the price down for.
I am glad you like it ..we aim to please...soon these MM's will be digitised by AI....woohoo
Yep..in SYME too :-)
https://www.7digital.com/investors/
My question kicks in ay 1hr 17 mins (Jitendra) and follow up questions re shareholder value.
Can't really understand the drop in SP but for all the holders... I am sure we will be rewarded. Fortune favours the brave.
Just to be clear...for each £ they generate...90p goes to shareholder value.
Wow...this is a must hold stock for any investor.....this will be a sought after stock once the institutional investors and family offices get an audience with the CEO.
This business now has 90% profitabilty margin ( NOT gross margin)..this is unheard of!
Thank you for registering to attend the upcoming investor call hosted by 7digital Group.
Presenter: Paul Langworthy, CEO of 7digital Group
Date: 2:00pm GMT on Thursday, 10 December 2020...looking forward to it
MM Spread 140-155...15p 10% spread.....Parasites!
Registered and my question...What three things about 7 digital does the Board of Directors view as the key drivers for Shareholder value in the next 3-6 months.
Now I cant buy any stock at all...not getting quotes!!
Whats that all about?
Anyone know? I am holding my shares!
What is going on???? There is clearly MM manipulation going on here.
II's buying up stock and price is being depressed