Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
Re-read it again lol
This could be big news. Lets wait and see. Imagine how much they could sell intabet for, given that boxnation and others will be using it. I bet its more than market cap!!! Mmmmmmmm
After that RNS, this will tank tomorrow. Great time to short for a few quid. Dyor
Here so many times
They are really after shares. Raising the bid
I think the mms must have an expectation of news
News coming
This is massively undervalues. The sale of assets is due anytime and should yield about 35-40million cash!! Check the market cap. Then tell me this is not going to rise substantially. I don't think so.
Rise coming
This morning
Was made by the companies house registrar, on suspicion that MDC were no longer trading. This suspicion would have been due to the late filing. You will be pleased to know that the company has submitted an objection to the proposal and this has suspended the action. This falls under section 1000 of the companies act 2006, has nothing to do with the company having liabilities etc. it's related to filing of accounts and evidencing ongoing trading. No more, no less.
News not far off me thinks
Before news, 60p plus after sale
Ask ticked up again
NOP the dark horse of aim!!
Time to buy and top up Lots of auto buys today and sale announcement due. Could see 50-100% increase here within weeks.
Ok, one more bod change before the sale RNS lol
Next RNS! Today's announcement was irrelevant. All the crap news has gone, new stronger bod and lots of cash from sale. Looking good for a return to 50p+
Was only 0.6million before suspension. Most holders would have been happy to walk away with the associated share price of 1.875p after such a crappy 2013. Certainly better than where this could be headed.
The asset is good, although dominion not necessarily the best operator in town. So, if you need to save the company, wouldnt you just 1 go out to existing shareholders to fund the immediate debt to dominion. Not a great amount. I would have supported such a move. 2 negotiate a delay with mafl of 6months to repay the loan note I.e. they don't need to write down 88%, so they would agree I presume 3 auction the asset ourselves, not let dominion take it away from us 4 use the remaining proceeds to form a shell. Based on the last net asset value, this would easily have provided for the last traded share price, if not higher, and that's after all loan notes are repaid. I remain confused as to why Andy has not cone up with a great plan. However, maybe he has. Still need to wait and see. I have written it off, so if it comes good, great! The mafl RNs was very positive about q3 value for shareholders. So they would appear to be taking an equity stake in exchange for the written off loan.