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Hi 5532Mr and ManU, yes watch this process on many shares. Looks like ‘after hours’ but had assumed it was settlements as 5532Mr explained below. Having said all this, I do think we are seeing a more +ve view/outlook on MTRO forming. Assume based on rate hikes and because t’s a potential target at some point (supported by Carlyle move).

Hi ManU, agree Carlyle we’re dismissed quite quickly - guess they were prob talking ‘wrong price’ such as £2 and a 100% premium. But does the historic financial performance support any more? Then consider that most Challenger Banks are redefining retail banking to online like Monzo, Starling, Revolut etc so does a branch network cut it any more? Looking at Retail I’d say no. But a banking license for £200m - I’d say yes pls. That’s my logic for an SP of c.£2.50. Anyway, reckon someone else will be interested as rates hike more and Carlyle may well be back again…

Agree with first part but then you got all excited with the '£2.50 - £300 as of today’ bit. I’d amend to say; Dead Cheap,,, One of the Cheapest Banking Stocks out there, excellent potential 100+% upside going forward with every interest rate hike,,,fair Value £2+ today and potentially much more after that depending on who shows an interest in acquiring us. In current climate however, I think MTRO will struggle much beyond £2 with their current business model - as the Carlyle engagement illustrated.

Hi All LTH's, to save me doing it, has anyone worked out how long a runway SAE has on the £3m cash and sale less burn? Understand the RNS said ‘Funding Options’ being evaluated and this could mean Govt. funding, a JV/investment or similar Partnership but a further raise also an option and will be hard at these SP levels. TIA if anyone has.

In a word yes. Bank margins improve with higher rates.

Thought she did well despite a lot of very rude people in the audience!

https://www.bmj.com/content/375/bmj-2021-068302

Sure you’re right re Gentlemen1 Shivest but 1000% is only mid-teens and not outrageous as this was there not that long ago pre Uskmouth issues. Imagine what good Tidal news and tangible Uskmouth progress might do to the SP.

Like to say I was confident it would be all right but good anyway that this has now happened. A few here prob owe Adrian Biles an apology? Opened down a bit but I think will track back up later as RNS ok re Interims and fundamentally this is undervalued IMO DYOR.

Let us also not forget that INCE is a legal firm and as these matters are highly ‘legal’ I would suggest that no one is better equipped to navigate through the relevant legalities than INCE themselves. What I am uncertain of is why they are doing this - only idea I have is that the acquisition of ARDEN will drive a significant additional revenue stream - and they need them to be a NOMAD.

To me this is a no-brainer hold/buy on drops. Ok, we are seeing the usual AIM patterns atm based on short-term news but not only is this a very +ve long-term play (albeit revenues not till 2026) but consider that many other airlines will need to sign up over coming months/yrs and also that VLS could potentially bring forward 2026 dates with the right support.

That’s what I guessed/assumed so thanks for confirming Lewis. Hopefully we are right and a +ve outcome.

Up 5% late y’day and again today - anyone know why?

Agree but how do you value these 2026 future revenues. Potential here for £3Bn+ revs in 2026 which would mean a valuation of (say) £1Bn and a SP of £1+. However, suspect with current climate that they will license IP and move quicker than 2026 with partners. So potential here is extremely good but maybe it rises now and then drops back as we await more news/developments/RNSs. Thoughts all?

Having read all of this a few times now (and as a private small cap CEO) I can say that I can fully understand the problems Paul is having as CEO of a small company. If you read the Outlook (pasted in below) it explains that 2021 EBITDA has missed because of some larger deals that are slipping to 2022. This is very typical in smaller businesses where there are 10s rather than 000’s of contracts in the pipeline and so the impact of slippage can be much, much greater. However, he has delivered historically on past commitments and let's not forget it was Paul who has led this turnaround. There is a good pipeline for 2022 and he is assuring us he will get EBITDA +ve in 2022. The other issue is obviously cash but he highlights that a banking facility is in final discussion so I’m hoping this means he can avoid a short-term placement and they can trade through this tricky period. It would be good to hear more on this as far as possible but for now I have decided to hold. If everyone does maintain faith rather than get all excited by the -ve comments on this BB the SP will recover and the company can continue to follow it’s stated strategy.

Outlook

· 7digital entered the second half of 2021 with a strong pipeline across its core segments as well as a number of prospective contracts in the new segments of gaming and connected-car entertainment

· Company has been working actively with its partners to facilitate the process for prospective customers to secure licensing agreements with music labels

· In some instances, the process has been more protracted than anticipated, accordingly, some contracts the Company had expected to sign in the second half of 2021 are now anticipated to complete in the first half of 2022

· As a result of the above, the Company currently expects its revenue for the full year to be slightly below expectations, with certain H2 2021 forecast revenues now moving into 2022, and that it will not achieve EBITDA positivity for the full 12 months

· The Board is confident that some of the prospective contracts, which represent significant revenue, will be signed in the near-term and that the others in the pipeline will follow in due course. It expects to regain EBITDA positivity for Q4 2021 and is very confident of delivering EBITDA positivity for full year 2022 with significant revenue growth

· The Company is in advanced discussions over a banking facility, which are expected to conclude shortly, and also continues to have the unwavering support of its major shareholders

Whilst getting out over 20p was clearly a good move (wish I had) with what has happened, I cant help thinking that a highly experienced CEO like Graham Reid would not have joined if he did not believe these leading-edge projects had a future.

Love this share - rises by c.100% in 10 days & about 20 comments on this BB! Very cool.

Great to see a BB without all the childish chattering and back-stabbing by morons. The SP is rising steadily almost as befits a well run business with great potential, a proper CEO, and no hysterical unfounded SP predictions thank god! Think REDX on a great trajectory and I will be holding and maybe adding as a LTH.

Don't think BC will be interested in GDR - they cant execute anything. . Grateful I sold all my holding few weeks ago after holding for 18mths.

Yes it's an interesting and misleading expression “Dinosaurs”. As they were around for 150m years vs us humans at 200,000 years so were actually highly successful! MTRO can be a dinosaur in my book. But would prefer a £2 T-Rex tbh.