Member Info for katstrangler

They just don't believe in spreading 'the good word'. while not a conspiracy, i dobelieve that Lloyd hit the nail on the head when he said there's something amiss as to why they don't pump the sp with their internal news and that it has something to do with the sp and fulfilling both Semnet and, possibly, Easysend.

their social media output is zero so their client growth isn't connected to that. where it might come from is anyone's guess.

not saying it's untrue but there's nothing verifiable that proves their customer base is growing except the rns results and interims.

frankly, amazed at the breadth of the rampy talk, considering how litle adjacent evidence there is.

Did they say 'sack Fryer, for starters!"?

Don't think it's hindsight to sell on the spike and buy back lower. but if it makes you feel better about your holding to try and ridicule someone else.

as for this being the 'easiest holding' that only becomes fact with a rising sp.

always found the notion of a 'free carry' a bit of a nonsense as it's still has a cash value and if a free carry dips then it's worth less. if profit is the point of investing even free carries have to perform!

but, nicely done if you're holding millions without risking your original cash.

so, lets see if everyone can benefit from a rise now as it doesn't look like it's going lower (but never say never).

might even see a surprise rns in the morning... (doubt it, though...)

What i learned today was that it was a good idea to sell at 0.87 and to buy back at 0.78.

i trust your sarcasm kept you warm during the dip.

Not sure exactly what the coverage is for eroxon but something before a formal statement from BoD would go a long way to reversing the slip and see this out of the 30s and thinking about starting the move to the most recent broker numbers.

Enki, if you can find the 'or rquivalent' statement then show it. otherwise:

Further details of the Acquisition

The Company has acquired 66.67% of the issued share capital of Semnet for a total consideration of US$1.8 million in cash and new shares of no par value in the Company ("Ordinary Shares"). US$800,000 of the total consideration is payable in cash ("Cash Consideration") and the remaining US$1.0 million through the issue of new Ordinary Shares ("Consideration Shares"). US$580,000 of the Cash Consideration has, or will shortly, be paid and the remaining US$220,000 is payable four months from Completion.

also, i don't recall any statement about the final $220k having been paid which, one would have thought, also required an rns. but maybe that's another one where they don't feel the need to say as much as it's already been suggested.

It's not 800million shares. it's $1million, paid in shares, at a price tbc.

True. but last year they didn't have one deal requiring possibly 100million shares and Easysend, which we have no clue as to the value as all previous acquisitons have been merely for the licence, whereas Easysend has significant customer base.

not saying all 800million will be issued but the options there... and there's an acquisition to be resolved.

but i accept that not all the shares would be created.

The Semnet deal is already done, as shares in payment so 'the credible' solution is irrelevant.

and why bother with a resolution for a further 800million shares if they weren't going to use them? makes it logical that Easysend will be done on asimilar basis.

And, just to say...

Lloyd, you bring up the most interesting and in depth discussion points about the company and its actions/conduct of anyone on here.

more power to you.

I was being a tad meodramatic.

all i would say is i can see there being a very definite point to being in #GST after all these deals close.

so the argument is going to be is it better to just keep holding, for the good surprises or will there be some bad ones along the way, giving a chance to take shares cheaper.

probably a mix of the two, with some cash held back for any (further) pull backs.

Personally, i'll be happy with the rampers getting into pushing the sp up so that i can sit on the sidelines up the that end date. be happy to see it boom and jump onbaord... equally happy to see a potental low sp and buy then!

as long as i'm not holding while the sp slides...

Some reall irrelevances being bought up and some arguing for argument's sake.

i agree with Lloyd, the conclusion of Semnet is v odd. they could have done the deal on the date of the rns, with the shares issued at that price. that they haven't says they either hoped that the sp would be much higher (which is what pi's assumed) so issuing fewer shares or the sp has to be... 'trashed' to bring it low enough so that, for example, double the shares would need to be issued. and the only reason for that would be to guarantee them a better chance of profiting from the rise to come!

so, you either believe that the sp is going to fly before the deal completes and the shares will be issued following some amazing news or they are witholding news, in the same way they didn't bother rnsing Wellesley, so they can ramp it post conclusion.

the knock on with that is what if the same play is done with Easysend, where part payment is done in a trashed sp to give the new owners a gauaranteed bigger profit!

seems fairly obvious that the BoD don't care about the sp along the way as they are dealing with an endgame and, as it's their biz, they don't care if it takes 5-10 years to complete. for them, it's not the journey but the destination. retailers need to be able to bale along the way.

The argument would be that a pre agreed price has been set for the final payment and, as the £1mill is fixed then the sp has to be manouevred to match. so the sp could be forced down to give them the number of shares to make a profit on the future price.

there's the problem with their negotiations. retailers don't know if they're going to be played or rewarded by the completion.

One would hope they'd be locked in for a period to stop that from happening but... that's the trouble with a BoD who plaay their cards 'close to thei chest'!

No big reason why they have to wait until the very last day to announce deal. 'course, might not happen, after all (?)) the discussions... no updates yet so... but Semnet needs shares too so 800million new shares to play with.

as long as they're not going to undermine the existing sp by underpricing them... impossible to guess their price without clues and we know they don't do clues!

That, and how quickly the new share issuance authorisation manifests in a trnasaction involving those shares and at what price they'll be issued!

let's just hope for a premium in November.

Sorry. could help it! but it's still a fact for the next couple of days.

Wasn't me! : )

to buy at that price sp will need to dip lower...

And it's currently cheaper than the rampy 'going to 1.4' when it hit 0.94 before sells.

new holders still in profit but if it just sits here then they'll see better short term opps elsewhere.

pencil in 0.75, for top ups, just in case.