Almost as expected the price drops16 Apr 2026 09:07
Added another 5.5k at 6.08. The market makers have had their fun this morning.
The worst case scenario is a bid that was 20% above the closing price -Say 6.50 the fact that we have bidders and say still conservatively the premium is 50% that still gets us to a very conservative £8.
Where is the price now with a floor based on the close 👌
If you expect the cash offers to be accepted that is a gift horse
If you expect the company to turn them down then surely we have a benchmark valuation of the company based on significant due diligence and insider expectations
Ridiculous response to this morning’s announcements
Dowgate aren’t buying as heavily as they are for a 10% premium to the close. Too much due diligence and process for their investment committee for that
As I said 150m minimum is my expectation so putting my money where my mouth is
Market makers will try and play this today16 Apr 2026 08:05
Small uptick at the open to drag out a few sellers, drop the price slightlh to shake a few more , then by lunch time when Dowgate order is filled up we go towards £7 plus
Gains figures are subjective. The value attached to the company irrespective of where the SP is currently trading should be based on the expected growth in podcast advertising revenue rather than where we have been in the past.
Audioboom has steadily grown over the last few years and the erroneous contracts that were our Achilles heel have now been removed.
The Adelelious bolt on and the pivot to video podcasting has pathed the way forward for future growth and has positioned us near the top of the rankings. Debt free and a cash runway we are an attractive platform for media/streamers business to pick up
The diligence around the strategic review and the fact that no information has leaked highlights the levels that the talks have been conducted under.
If we are bought out the premium will reflect the future. If we are going it alone then the future is very bright as the sector is only going one way. No one trusts mainstream media anymore and podcasting gives a platform to all in a world that is increasingly divided
My target is a £200 mil cap purchase which is roughly £12.08 I think. Nice premium from here and the reason I am happy to keep topping up.