Member Info for Mav1967

It’s been down to costs and the burden of regulations. A listing on Nasdaq will swallow up 100% of Booms annual profitability although they are sitting on cash and have a number of wealthy backers (Candy et al) who could easily loan Boom the money to list in lieu of shares. Boom ticks all

the boxes re Market Cap, shares listed, bid price etc it does need to have more Market Makers.

It’s what I would do for sure and it may have always been their medium term plan following the Adelicious acquisition. The price is suffering as we know due to uncertainty and the market does not like that. I think an RNS is just round the corner but that’s my opinion and could easily but wrong.

I am thoroughly of the opinion that the next main announcement will be that a move to the Nasdaq is forthcoming. As part of due diligence by prospective buyers during the SR this would have been discussed. It may even have been part of the package. Move to Nasdaq prove your worth and we will buy you.

Time will tell.

Much smaller for minute Moneyman, much smaller for the minute.

;-)

Ive kept quiet today and just read some of the comments. Some very good observations made and nice to see some new faces.

I think today the drop was down to disappointment for those that got in to make a quick buck and deciding to exit. The MM also pushed it down because they could! What I see though now is a clear bottom price for the share being £5.40. We know because we have had 3 bids higher than this! I think we will very shortly be seeing blue and if I didnt have so many Id buy more. I think like a few posters on here suggested there are some RNS due in the background the Board are just waiting for the right time.

No ones lost anything today unless you sold and the new figures suggested are excellent. Dont forget that there are just over 16m shares so when profits start to come in in the coming years the balance sheet/cash position will be very healthy.

HOLD

Prefer it to be 13.5p before we know it!

Never seen so few trades. Looks like everyone has decided on their position. I highly doubt there will be a flutter of activity before announcement like the old days. As mentioned anytime now for announcement, like many its been a long wait and a long time to have money tied up.

GLA

The future is very promising and makes me think at times "Why sell?" A merger may be the best mid to long term option.

Https://fr.investing.com/news/stock-market-news/le-hantavirus-sinvite-en-bourse-et-fait-exploser-ces-actions-francaises--achat--3407879

Totally agree. I even saw a snippet of news some years ago from memory with BOOM discussing a Nasdaq listing. The sooner this moves onto a main market from AIM the better as pension funds and international investors eye the stock.

As the 8.5 notifications keep on appearing I wonder if there is an added benefit owning 1 percent or more.

Agree Big Show.

How many times have we seen this manipulation? Answer being countless hence why a buy in at £6.05 really did seem a no brainier from here so well done those topping up.

For me it was a risk/reward on their report and benchmark discussion price of cash offers. The upside was greater than downside from that marker point so it was a buy from me.

Ive a few more than that Tiger. Happy with holding.

L2 moved now 6.20/6.30 as expected.

"Lucky to get £7.. no chance."

Again Drivel.

Boom Main shareholders know the value of the Company and would not entertain low ball offers.

Ive just added 1654 at £6.05 absolute no brainer.

Anticipate to be up this pm.

Agree with you and although I am sitting on some funds Im on the fence at this point. Awaiting like all for imminent RNS. I do wonder if Dowgate know something.

Now 5.80- 6.00

Its also higher on L2 by 2.5p with a tight 5p spread being 5.70 sell.

Like the start of a leak mixed with FOMO for Monday/Tuesday news dropping.

Finally after a decade some of us holders may be rewarded!

Https://markets.investorschronicle.co.uk/data/equities/tearsheet/forecasts?s=BOOM:LSE

Interesting that Investors Chronicle have a short term target of £13.08p.

Thanks Ripley.. I note:

The one analyst offering a 12 month price target expects Zenith Energy Ltd share price to rise to 31.00 in the next year from the last price of 7.75.