Member Info for katstrangler

Wake up, ffs, and talk about the share price and why it's where it is, after the last few rns'!

I posted dollars in last night's post. it's a bit pathetic that you try to deny the fact that mulit millions of new shares will have to be issued to fulfill the $1million (see? i corrected myself) payment STILL TO BE MADE!

and the share size will be dependent on the share price. so the results and some statements from BoD really ought to be forthcoming to appease the markets and explain the 50% drop from the last placing!

just awful, non existent communications.

Grasping at straws now...

the BoD have been praised for 'playing their cards close to their chests' as far as acquisitions are concerned and what we got, for that £1.25million in a nothing Spanish company on a conditional... erm... condition!

got no cards!

it's all going to be down to the results for last year.

Not jumping any guns, just stating a fact: £1million in new shares owed to complete Semnet.

There is an outstanding £1million payment in shares - i don't know why that isn't understood, as they will be new shares, en effect, a placing! - to pay in full for the 66% stake in Semnet.

you can try and suggest it's not that but that's the fact. the ONLY question is at what price they're issued.

The point i was making is i'm not 'talking garbage' and that there is no price discussed, in spite of the placing prior to the announcement.

in fact, atm:

GST have placed £3,847million in a year and have acquired PayPT and slightly less than a half of the 66% of Semnet, having paid $880,000 in cash (or should have as they said a further $220,000 was payable by end of June). and the remainder paid for by issuing further £1million in shares (in effect, another deferred £1million placing) at an undetermined sp price and dilution but making the total that £3.847million.

so they should now have £2mill placing funds in the bank and owe £1million still, in shares.

Easysend has cost nothing for the 60% as it's conditional on approvals and an agreed price, stbc. so, possibility that it could place again for that one, depending on how much cash is spent 'advancing' GSMoney or what the agreed price will be.

Bonfire feels like it is a minimal cost (being another 'conditional' sale t guess no reason why it shouldn't)

you have to admit, there's an awful lot of 'conditional' in the share and it isn't half a osy a pic as it was pre the last placing.

have to see whether the market.retailers/herd now think it's oversold. or maybe that opinion is 'conditional'?

Here! i'll repost it for you to make it easier:

https://www.voxmarkets.co.uk/rns/announcement/e32abbc1-46b2-4aca-b50f-0e5c0dcfd31c

so, how are you going to deflect on this one? (personally, i'd fall back on the 'why are you still posting... etc. etc.)

You keep saying i post absolute garbage but it really doesn't take much to see who's talking carp.

'The conditions and the price remain the same'... but the november rns states: "the Company has entered into an OPTION to purchase agreement to acquire 60% of the share..."

now, you go through that rns and show me where there's a price stated for Easysend? you keep saying you have a better handle on the company than me so, please, point out the price for Easysend and point out where it is MORE than an option?

Plus, if FCA approve the Easysend acquisiton then the cost will go up. that'll be an interesing placing... anyone want to punt a value on that?

Yes, the outstanding amount is £1million but if the unit cost is GST shares then the shares better be worth a damned site more than 0.6 by November else the dilution will be significantly more.

You have no clue the cost of Semnet as most of the purchase price is based on the value of GET shares. yes, it's £

YouCOULD also say those things but:

Semnet cost... how much, exactly? and will £1million in shares be at 0.6 and 166million shares (diluting the total shares by 8%?) or at 1.2 and 88million shares, diluting total shares by 4% or 2p (let's be optimistic) diluting by 50million shares, diluting by only 1%?

As for Easysend, why end of November? Have FCA said they will give a thumbs up at that point or is this just kicking it down the road? and how much will be paid for the 60%? placed £847,000 before the announcement but we'll have to see how much money will be held as cash on the resultsby November.

as for Bonfire, well, enough said about that. i thought Easysend was the gateway to EU but, regardless, doesn't feel like the company will cost more than a small fraction of the £1.25million raised so, while it'd be innacurate to say 'it's to keep the lights on' i'm not sure what the meanigful difference is between that and 'accelerate the implementation of the Group's GS Money strategy.' i doubt anyone else can.

makes me think that, whatever price this falls to, beyond herd buying and ramping, there's not a great case for this in the short term, unless the results prove something else.

so much of this company is 'conditional'!

According to you, i was FOS at 0.86,,, then 0.78... then 0.76... then 0.7... then 0.68... then 0.65.

don't see why anyone will want to buy it higher than 0.6ish with so much in the air about actual progress.

but that' just 'imo'...

how have your predictions been in the last six months?

No reason why i have to announce my trades over anyone else! (and i actually DID do that before but you chose to ignore that fact).

i'm out and have been for a couple of days. and now i'm looking for at least 0.62.... and not nec. because it'll bounce but at least, at that price, IF it drops further on results i'll have less to fall.

but have to say, the only advantage t othis atm is the fact that it's fallen so much... but which is the fairer price... ???

... then email them and lets see how big a placing they knock out to 'buy' you! : )

You really should register your company... only way to stop this falling to 0.6 before results (and God knows which way it goes after!)

And i laugh at your and the other two muskateers for having gotten things so completely wrong since you haphazardly were lucky enough to buy on the cln crash.

all the insults are as nothing to the smugness i feel for calling this better than you three. my only sadness is all the people you managed to pull in with your aggressions about the future of the sp.

You, massive and splatted hae harassed, ridiculed and bullied and criticism of the share and posted, thousands of times this year. from 1.4 all the way down to 0.65.

never admitted to getting anything wrong (while others... have!) and still bang on about this being a 3 year hold while it's now lost 50% in 3 months!

the three of you could do with a few lessons in humility and also apologise to everyone who's followed you into averagin down on this from that 1.40 spike.

doubt any of you will, though... if in doubt, aggession it out!

you, of the three of you, have been the most disappointing, from being a well informed and honest broker into an aggressive malcontent, as you watched your profits slide.

all 3 of you could do with taking some time off, esp. as you all believe this is a long term hold and leave the bb to get a bit of civility back.

Of all the people that have cost investors money this year, i know which ones should have been ignored... and it ain't the critics!

Really have to accept that all the downsides that have been mentioned this morning are not new. they've been there all the time... it just takes a poor rns and then the contesting posts to bring out the reminders about just where the company is, atm.