Member Info for Mikemine

Although they alluded to Switzerland at being a target the news of the CH Media deal hadn't filtered through. I wonder what that would have done to their already positive evaluation.

147.14 to sell, 148.00 to buy on AJ Bell

Somebody has invested £20K in 1 trade. What does he think he knows I wonder?

Seems that CH Media is in to newspapers and journals, TV channels and radio so FNX could well exploit that resource. I got this from AI but there's lots out there.

"one of Switzerland's largest media companies, formed in 2018 as a joint venture between ⁠AZ Medien and the NZZ Media Group. Headquartered in Aarau, it employs around 2,000 staff and reaches over three million people daily through a diverse portfolio of regional newspapers, magazines, radio stations, and TV networks."

There's more out there of course and on one site they mention having a foreign reach with their 2000 employees.

Not sure how much of the population CH Media will reach, nor for that matter, how much of the Irish population FNXs partner reaches there. CH Media is said to reach 1 million per day. Difficult to say how much this link up will be worth but, from the figures Rivaldo kindly provided, it's obvious that my tongue in the cheek estimate is way out.

Still don't understand why this news was not a subject of a RNS. We found it but the wider Market is probably oblivious to it. Could act like insider knowledge for anybody wanting to top up.

Any guesses of how much this is worth to FNX. My guess is £500K pa and growing.

I don't remember FNX talking about Switzerland per se before so this is a surprise to me. It's now obvious that they are broadening their ambitions to all of Europe. Worth a RNS surely.

Looked like the bottom was reached last week but it was a bit up and down. Now it looks like the Iran conflict might be over, positivity might return to the Market to underpin share prices and help FNX regain previous levels Famous last words?

Missed the bottom. Couldn't buy at 149p but bought at 150p. Apparently there is strong buying albeit in fairly small trades.

I must say I'm sorely tempted to top up at these levels.

I went back to this release and realised that all the forward talk from Fonix was about the existing pathway. If Fonix can break in to the podcast arena, and I can't see why it can't considering its proven track record, there must be a big revenue stream available to them. I can't estimate the market myself but I would love to hear more about this from Fonix with the next update. I doubt they will have been able to sign contracts by then but more about their discussions would be good. I'll post the link for those that haven't seen it before but it's worth reading again for those that have

https://www.fonix.com/what-radio-figured-out-that-podcasting-hasnt-yet/

And plenty of cases where directors buy and make a bundle. Thats the Stock Market.

I found this review of the market which was £1.3 bn at last count and rising. Apparently the big gambling companies are now taking notice of the potential.

https://igamingbusiness.com/lottery/prize-draws/prize-draws-fringe-market-moving-mainstream-uk/

Thats very cheerful bendipa. I can't see a profit warning coming up as they've bought their own shares and the directors topped up in January. Both good signs I would have thought. When's the next trading update anybody?

So what does the Market know that I don't know?

Goodness me, an upward tick on AIM

Hawker, "They all get a big fat ‘F’ for their work here" They should be sacked. I remember when RENX issued the RNS about Tempus and the SP rocketed only the be reversed by Polar dumping all their shares that afternoon when the SP was still on a roll. NXCI called it right with the" Myopic" description of the City boys.

SC, you must know about the fools in the City. No way would VRCI have gone in offering a discount. They would have asked for a premium such was the quality of their story. It would be the self congratulatory idiots in the fund manager's office that can now boast that they have screwed down another company, but stand back a bit and see what they have done. Sentiment is all and they have destroyed it here and for what, a piddling little percentage. I expect these guys already hold shares here so it would have been in their interest to pay a small premium which would turn the sentiment positive and also increase the value of their holdings. It'll be difficult for VRCI to improve sentiment and that is the last thing the SP needs. It's no wonder there has been an exodus of companies leaving the London markets.

I received notification at 10.15 from AJ Bell that the dividend was in my account. I find them really on the ball.

It can't be like this forever if they progress like they said they would, even on AIM.