Member Info for katstrangler

Ps. why was the acquisition only a conditional agreement? why float a company name if there's a chance that they don't currently have or might not obtain the SPI licence? why not just go for a company that has one?

Bonfirepay seems to have been set up only last year so not sure why it was selected!

https://www.expansion.com/directorio-empresas/bonfirepay-sl_10786350_M73_38.html

It's down because it got ramped on an 'imminent' acquisition which, once the name was announced and it was apparent that it was pretty much bland company with little or no actual history as a financial instrument and they'd have to apply for a licence that profit taking took place. and, as the silence continues, so the sells dribble in. now, as the mms see fit to merely widen the spread, there's a chance the sp will stay at 0.65/0.69 but, if they decide to they'll step it down again. there'll be some averaging down or some new buyers taking up a chunk but the sentiment remains indifferent but, as long as there other shares out there bouncing around there'll always be someone who thinks 'sell now, make some on another share, buy back more, cheaper'.

so, if there's no news then the chances are evens that the sp gets stepped don, if only for the mms to hope to create a market for it. but, lets face it, volum is bad atm for a share that is supposedly going to bag+ in the next several weeks. that's probably because folk are still looking to see where the low will be. if you can think of a better reason for the overbuying and then selling, let the bb know.

Plus, zero fear of funding dilution for the assets to be taken forward for the next years and, potentially, new assets to bne acquired.

Miles too low. estimates (until revised by co) are roughly 70p added value, minus whatever was already baked into the price for this specific claim, so not counting all other assets.

fairly sure, though, it'll have to wait for corroboration in the next rns, at which point, it'lljump to that price immediately, without much hope of jumping in on a rise.

I appreciate that... and i understand your intention.

it's just a tactic used by many for their self interest on the basis that they just want to help folk make money. but i get there's no darker intent with you. but let's just keep the conversation to GRX here, . but appreciated your benign intent.

It's just because it's trying to pull people away from this share to discuss another share. PAT is the place to discuss PAT.

thsi bb is to discusss the virtues of this company, not another.

the only difference will be today's LIT rns which gives info on the costs of the arbitration to the company who provided the finances to win this claim. (incidentally, my calcs make it about £200mill to GRX and £80mill to LIT, with larger payments to both if govt. prevaricate and delay.)

Suggest you engage with the questions unless you don't have an answer and just hope it gets swept under the carpet by giving rocket postings.

It has been ramped... primarily by you, across several sites. but the diffierences are stark: this claim has been won so, should be a shoe-in for profits, even now.

the PAT claim is just a claim... and, as you say, at least two years to a result. yet it was pumped up near 30% and then dipping on sells.

with two years to go, why would anyone buy today, unless they hope to ride some very topical interest on this morning's posts which have no point to being posted today, except to ramp off the back of this rns.

And, before someone comes on here and adds that post to a file to be submitted to the FCA (wwwk!) by 'less than honest' i mean 'accurate'.

go on, argue the justification for the delay in closing that acquisition. and, why only buy 66% ? could the BoD get his wife to sell up too?

Already stated the case for the headline and the slide. maybe you didn't read the original post?

there's zero point in talking about anything else, other than the sp and why it is where it is... everyone is happy to punt their targets for the sp when it suits but not the sp as it is right now!

the lack of pr rather makes the point that the company are content to see the sp slide and yet still haven't paid up the Semnet shares. Why didn't they just issue extra shares on the last placing and stump up $1million in shares at 1.05p?

Do they have an undisclosed deal to issue them lower? and, if so, how much lower? unless they see the sp much higher than 1p by the deadline, why are they waiting? and why would the sellers be happy to only be issued with shares at a much higher price without some kind of compensation?

There's the difficulty of the valuation of the Semnet deal. they announced one single contract at a price way in excess of even they annual revenue yet supplied no further info to make an honest appraisal of it and, ergo, a valuation on the 66% of Semnet.

whatever your opinion of the future of GST, you have to agree that supplying very selective info was an attempt to paint aless than honest opinion of the acquisition.

Polish govt have a month to submit appeal but no idea of they have wriggle room. but, as you say, very surprised this sin't nearer 100p than last night's close of 32.

funny how PAT is being ramped off the back of this and yet they still have to wait on a result and yet this one is won!

Your thesis on deramping is hilarious.

if only you put as much effort into discussing the points that make the sp sit at 0.69/0.65, in spite of thousands of posts about 1p, 5p, topslicing at 8p/85p/£2.50.

you get that the sp is currenly barely over one half penny!

Without it, the buying opps are a bit limited.

still, surprised at the lack of interest here... was hoping for a couple of bags from 31... i'll hold to see what happens over the coming month.

It's a discussion board. if you can't counter the points or accept the risks then on what basis did you invest?

i'm still significantly in this but still see the opportunity for a top up on a slide.

and, if you really believe that the targets posted on here are realistic then what's the problem?

Personally, there's some merit in the comparison and it only is debunked by this sp rising!

but it's funny how the only response to critical posts are 'why don't you eff off' when the sp is still stuck at 0.7/0.65, in spite of all the rampy talk about the future.

as if anyone here needs reminding, the sp was a 1.23 pre placing in April... now October and nothing new has been said or done. so that's six months of...

no excuse for the silence. plenty that can be done re. pring the bejeezus out of the company, the shareprice and the platforms. but they just don't seem to give a flying one!

almost as infuriating as reading the criticisms, eh!

Not because they have someone in the background who wants all the shares, is it?

A bit a realism isn't going to hurt the process, even if it hurts the sp.

you can't keep an sp up by pretending all is fine!

and, if you think about it, the rampiest posters here are the ones who got in cheap so the lower the price, the rise of the next rampy posters!

Spread is ridiculous and mms were too greedy, starting this at 78p.

killed off a good opportunity for holders to really benefit.

should have started this at 48 and nurtured it higher.

now it looks well dodgy!

There are times when 'playing cards close to their chest' is just the same as no new to report.

shocking that there has been no interviews, even from the 'highly respect our Sweet Lord', no guidance, no interest in supporting the company's market opinions.

everything becomes a cointoss where you have to hope that what thin information will deliver something good.

still up in the air: bonfirepay, semnet final share issuance, Easysend value/progress, FCA agreement on Easysend, DSS application?.

a lot of things in the air and one would like to think at least 50% of them will resolve but it's a sh***y state to be in when holders waiting on the company to say something, anything positive about their futre.

it's just not on for a company to refuse to engage with the majority shareholders to give them the confidence that the silence is because there's nothing to say!

without news interims are stll a long way away!

Christ on a bike! you're digging around for a two year interview to find the upside.