Member Info for JPP8788

Anything around the 1.2p mark looks good for a bounce and recovery over the coming weeks

This reminds me of Sirius.

Good luck all.

Expect 0.5p

Have only very briefly read through the merger RNS - but with dividends to be paid and shares in FinnCap issued - looks a no brainer at 39p

20% increase in net and gross profit in FY23

Has to be back to ATHs.

Anything under 400 is too cheap.

Buying at 1.7p and getting a 1.8p dividend plus remaining shares in the cash shell is fantastic.

Just sold for 1.62p ... Wow

Much less selling/short pressure today.

Looks like the book is slowly turning.

Ask moved to 1.7p on very little activity - MMs know something we don't? Here's hoping!

Almost exactly 7 days from the announcement, 5 working days in total.

AMC do love an intraday RNS so keep your eyes peeled - no news in the next 48 hours would start to worry me.

I'd say an increase from 1.6p to 2.3p would be significant?

Being widely reported that global markets are down since Friday 4.30

Was hoping for a recovery to fair value this week - 35p was my initial target - but does the SVB fallout see that plan in tatters? Do we see MMs bringing yhisb down further tomorrow? Are we classed as a "tech stock"?

I think a RNS tomorrow morning confirming receipt of the money would be welcomed - but I wonder if the wider market fallout from the collapse of SVB may hamper significant price increase... MM's likely to have an absolute field day tomorrow.

Given the state of all my other investments currently, I've doubled down here. I see this as as certain as you can be of a 10% ROI as a bare minimum... Obviously the cash shell will have an intrinsic value based on residual cash, but I see that as a bonus.

The cash receipt RNS could land at any point and lock out any potential new investors, so get it now whilst you can.

I would expect 1.9p on news of receipt of cash consideration.

Googling "how long does an international transfer take" overwhelmingly returns the same response from various outlets - 1 to 5 working days depending on currency, size and checks at either end (country dependant)

I think we will probably hear something Monday morning. Anything before is a bonus.

So if the company is sold for £1.2m, does that result in a special dividend to shareholders?

The company had $5.3m USD in cash in Sept 2022, with a low cash burn rate

I would anticipate the cash shell will be left with £7-8m of cash

Company receives roughly £25m "imminently". Issues £25m of that as a special divi within 90 days at 0.18p a share. Leaves £4m cash plus any existing funds to proceed as a cash shell to finf and fund a potential RTO.

Comfortably worth 2.1p, if you value the shell at cash holding only.

Buy buy buy.

Yep.. agree with the previous posters. Drop overdone here. Fair value likely 55p.