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I wish people would stop using silly arguments like " expecting an overnight multibag"
I bought in like most on the 300m IM due shortly, as in months away.
As well as the huge pipeline, later discovered to be grossly misrepresented.
As well as "we've got lots of funders"
Basically the information we were given in RNSs and interviews.
That was approximately 4 years ago. 😅
Just to make my opinion clear.
I dint think syme is a scam or a fraud.
I think it's a great concept that had a dodgy individual running it who over egged the pudding to get us all to buy shares then wasn't honest about the problems he's faced or the interest shown in it.
I think he's a chancer who thinks he can get away with doing whatever he wants and hasn't been proven otherwise and he deliberately set the company up in a way to make sure we couldn't do anything about it.
Everything rests on getting the WL deal done and then rolling it out very quickly to a point the company doesn't need financing.
Or getting that large deal done with thingy mbob, which will be the only significant revenue if he pulls it off.
But at the end of the day he's misrepresented the situation, the valuation of syme, the valuation of tradeflow, the valuation or rtop all for his benefit and at the cost of anyone who's bought into the story he sold us all .
Hence my opinion on the man is what it is.
They listed and TAG owned 65% , they never paid for any of those shares as far as I know.
Then AZ handed out warrants to oay debts.
RTOP is literally the proof of how dodgy he is.
Listed at massively over value and used as an instrument to make TAG money.
Except nobody apart from peak was buying any, hence the price is what it is now
Distract and Confuse..
Accuse and Attack ..
Its like a psychological thriller 😅
Because it makes a great excuse for delays..
Anyway, why would the 41% of total loaned shares make a difference when the other 59% isn't due till 2027??
Why would the warrants matter either?
Who has bought them? If they have any significance, why not disclose who they are..
It all reeks of a tall tale been pushed too hard
1. There's no rush, it's about AZ doing what he said, when he said he would , for once.
2. No PI's will selling anything, we've been here years waiting for him to come good on his promises.
It's not us that's selling into any positive news.
Well thanks for being so neutral
You said the same on first IM steady.. Well over a year ago. And plenty of times before that, as did AZ.
Most people have learned to be skeptical and curb their expectations..
How long you think the banks going to examine the whole transaction before rolling it out on mass?
Funny how when a share drops substantially people you've never seen post before pop up spouting dribble .
I remember it being discussed on here briefly.
But who shared the bloomberg screenshot?
You're right Chewy, no difference at all.
But there's some want to hype the deadlines and suggest the price is going to rise ect .. so if the self issued deadline isn't met there's going to be others complaining about it.
But the few hypers, will still hype the next deadline and the next one..
Given the straight up selling that's been going on here it's not like somebody couldn't buy a billion shares over a few month.
So if I someone thought it was going to be double or triple in next 6 month you'd just mop up all those sells at todays price..
Least that's what common sense says..
But this is syme and rational thought isn't necessarily useful ey 😅
It's bizarre...
How about AZ gets his mate to buy them for £300 so people can say " somebody knows something " for the billionth time..
TG2D, same reason people buy debts that have tiny chance of recovery.
Tin hat
£0.00085 is the lowest warrant price.
Which is 0.085p, we are at a current sp of 0.03525, less than half the lowest warrant price
It literally saus the party is not affiliated
"thats a clear positive market signal on future prospects!"
Ridiculous statement. A clear positive sign would be somebody buying that amount of shares, which is what they would do if they were seriously confident.
No it's not thistonhat, it's way above the current sp which is in pence.. those warrants are in £
They'll if paid next to nothing for the warrants.
It's a company realising they are next to useless selling them on to someone else taking a small punt.
They've now sold them on to two other parties for probably slightly more than they paid.
They've still got to pay those exercise prices to own the shares.
Same tactics as before.. load of buys exactly the same price, seconds apart.
Tomorrow they'll be cancelled trades .