Member Info for Kyle17

Ignore that, they seem to be back

Lot of the days posts wiped that contained researched information, how strange...

Apologies, I thought you were talking about private ownership as in companies rather than retail/ General public

Private ownership has gone up, retail investors are the only ones who have lost shares

Retail have lost 22% stake on these waves, I think retail will be 10-15% next time it is updated

Ownership of shares (26 Sep 2020 20:05)
Our ownership structure
General Public 39.2%
12,835,218,715 shares
Individual Insiders 38.5%
12,609,748,606 shares
Institutions 12.8%
4,176,337,166 shares
VC/PE Firms 9.5%
3,128,074,362 shares
Private Companies 0.02%
5,565,741 shares
Stock Price closed 0.46

Today's Ownership Breakdown
Private Companies 7.0%
2,293,275,741 shares
VC/PE Firms 9.5%
3,128,074,362 shares
General Public 17.2%
5,640,230,979 shares
Institutions 27.7%
9,066,337,166 shares
Individual Insiders 38.5%
12,627,026,342 shares

https://webcache.googleusercontent.com/search?q=cache:uxYz6oz0QCAJ:https://www.bloomberg.com/news/articles/2020-10-16/ecb-s-visco-says-italy-must-spend-eu-money-well-cut-debt-burden+&cd=4&hl=en&ct=clnk&gl=uk

Listen to what he says closely in the interview :)

Retail was nearly 40% in this share when I last checked, now only 17%.
Great transfer from weak hands to institutions.

https://simplywall.st/stocks/gb/software/lse-syme/supplyme-capital-shares/news/what-type-of-shareholders-make-up-supplyme-capital-plcs-lonsyme-share-registry/

May be incorrect on my understanding though

Payout in the event of a company going bust
Employees > Secured Bond holder > Non secured Bond holders > Shareholders
SYME fall into Secured Bond holder category with a fixed interest in a particular asset.

Thanks for the detailed report WG. Nice to see it refined unlike my rough calculations just using what funding is available etc.

Worth a try lol, but I agree we can't. Thanks for the explanation

Thanks for explanation, I understand now Apunter2. Hopefully we can use it for tax purposes as others have suggested.

Yes they look good as a use case. Their SIA coin is not fixed though, so something to consider before investing. I was interested because I thought businesses like SYME was using them, so thought they were primed for growth. Still the concept is the same and it seems the SIA chain uses a centralized encrypted blockchain which would appeal more to corporates and gov. If anything it shows more compliance using sia chain rather than sia , even though sia would provide the same level of security if not more.

Yes I think you are correct that I have mixed them up. I thought it used the same blockchain but with an app for corporates to manage.

So I have my wires crossed, it is cassa depositi e prestiti not Nexi that is the old bank in my thinking ...

Pure speculation here but the Nexi and Sia merger leads me to believe Nexi are indeed our bank we have relations with. The Nexi merger captures the Sia tech to stop other banks getting ahead with their platform, there are other cloud blockchains out there but sia are first and seems to have the best infrastructure. These 3 businesses are powerful in combination. Think how legacy banking operates with slowness, high overheads, fraud and errors etc. Then look at these 3 and you will see why banks would want to move into this space. SYME is the tool to touch the globe of customers, Sia is the security and NEXI are the deposit machine to link to old intuitions/ legacy banking. How I believe the chain will work = SYME is the universal platform to engage with clients offering services > SIA is the security to facilitate it globally > Nexi will be the connection to the old banking world to draw in funding.

"Nexi S.p.A. formerly known as Istituto Centrale delle Banche Popolari Italiane S.p.A. is an Italian bank that specialise in payment systems such as Nexi Payments. The bank was specialised as a central institution of Italian Popular Bank."

Dots are connecting for me. Maybe Nexi are the bank that we have a deal with and because we use Sia for our blockchain AZ has delayed the name of the bank due to the sensitive nature of the merger between Nexi and Sia. I am speculating here and would love to here someones opinion on it