Member Info for itisagame

82m for a nay here too.

(Unless sp moons before and I’m long gone)

23.5% to go ;)

I don’t want either, I want a proportional cut of the sale = to my holding, or the share price to reflect such value.

and I don’t want any of that cash wasted on the CCS project, which can be funded as its own venture after the proceeds are divided up. But if it was split off to aquis it would insulate shareholders from it being the drain of resources for the aim plc.

Zero reason to not just stay listed here while sale pending, if it needs to raise a couple hundred k to do so - do it, or find alternative funding until the sale completes.

Once sold and cash distributed holders should still have the value of a cash shell here with the potential appeal of its carried losses, if people want to put their distributions back in to the company at that point for a new venture they can do so.

It will be later than the 6th, vote is on 29th and they are to give atleast 20 days notice AFTER the vote.

The details in the RNS is wrong imo

An aquis listing fee would cost £20k plus admin, many manage it for around £80-100k, and can be done in weeks.

So two months of the current cost quoted before.

Why isnt selan buying Syn stock off the market when it can effectively save 90% on each share it buys?

If they stayed floated and kept the cash in the company the mcap would be likely be around the cash in bank value +\- speculation, there’s a possible argument that everyone would be better off if the company just held on to the cash, while “looking” for another acquisition while the cash just happened to sit in a 5-8% money market account generating more than needed to operate a skeleton of a shell company. (Obv If the cash came in )

300m bought in half hour, do that another 11 times and a vote against is secured, even without existing holdings.

List the ccs project as a new company via aquis with divested proportional ownership to existing SYN stakes, then raise capital for CCS project via aquis as a lone venture.(these projects are scammy vanity projects anyways) don’t let the ccs project drain the cash reserves

Distribute 90% of cash proceeds to SYN holders who hold on disposal completion date and then Become a cash shell once disposal complete, while looking for a new acquisition and raise new funds once one is found and acquisition is voted on. This is a valuable shell with 180m of carried losses, don’t bother with another project in India, get one somewhere sensible (UK or Auz as it’s an Auz Co)

There’s so much value here, to just walk away taking a fraction of what you own already and let some else have for free is simply dumb.

Can always move the cs project to aquis, costs peanuts, no need to vanish completely:)

0.1418 -0.1508 from where I’m quoting for small millions.

0.20 for £6k

Hence all the smaller buys going through

Was 4.7p to buy the last hour.

Could sell at 3.72 in to close, strong bounce, expect there is back ground buying as both bid / ask prices were rising without trades being printed

113m shares in issue, one single trade Friday for 3.3m, ~2.9% of co.

Potentially a seller out TR1 coming, approx 78% / 97m of entire company shares owned by employees and the board.

~12m volume since drop, with tons of block buys.

Sellers :

William Currie Investments Limited

7,634,060

6.15%

Premier Miton Group plc

4,720,161

3.80%

Look at the significant shareholders page on website, Add all the numbers up there’s only 4m of the 113.5m not accounted for.

Curry and pm no doubt selling, but there has been tons of block buys for millions ( 100-250k blocks) so I expect the board are buying more stock back.

It has nearly 4m euros cash in bank, which is around mcap atm.

This is the logic of my latest gamble, stock dries up it pumps before delist because there are no other sellers.

Compared to historic volume and trades the amount of buying is very high, it’s being accumulated

Logically if you wanted to hold a private business - It’s trading around cash, has a growing business that has a positive EBITDA, increased further by savings from delisting and removing costs of operating PLC.

I think it moves upwards before delist.

3.9p paid

A recovery to 6-8s looks achievable

If it carries on (Not saying it will happen) but ipo’d at 30p and technically the business is in a stronger position, and a squeeze to those levels on the small free float not owned by management before delisting would be a dream recovery trade. Rare but I’ve seen it happen before on a few delisting stock if the large share holders start buying more stock while it’s trading.

Tiny quotes at 3.3p

£2k 3.4p

£10k quote to buy price goes up to 4.55p.

Very little stock down here.

I’ve taken another small trade, every quote and trade has been a higher price

The company had loans from RGO (i think, memory fades) and converted them In to stock at ipo instead of cash, so effectively the few mil debt holders got the stock market to pay them off, as an exit strategy.

Thats instead of the company earning the cash and paying them off from company funds.

Plus obviously all the shareholder funds raised that went straight to management and director fees.

Delists and Ronam gets his company back minus the debt, and he gets the cash raised plus cash from asset sale, once delisted there’s prob £2m coming straight out the company bank account to his pocket as a dividend once delisted.

As I said In April ……

To much stock is held by few parties who didn’t really want to list the company but had to to repay the pre ipo CLN.

“I would not be surprised if the next decision was to delist the company so certain parties can make a few extra quid from investors.”