Member Info for Newuncle

and 150k too

Nice 250k buy

Nearly there Joe

What do you expect from a CEO who doesn't care about TNT AIM shares, his focus is on the 2-3 years time and USA listing.

I think they have been selling since their last tr1 fwiw

Helium dumping again?

Sp hit 2p back on 7 Feb so 2p should be possible but alot of traders these days so who knows without news

On the move again.....solid buying today

Agreed LTB, but I would like to see the back of Helium once and for all as they have been a constant drag on MSYS for over a year now with the endless selling at any old prices. Trading update well overdue now so not expecting anything on that front but something on the news front would be nice as there seems to be alot going on based on MSYS Twitter activity and clarification of senior management roles required. No new CEO appointment so that means Gerry is still CEO and Chair, is that healthy for the plc bearing mind the debacle that hit DVRG and their finances last year?

Gerry is listed as "Executive Chairman" of MSYS plc but the fuller description shows him as still being CEO at DVRG plc....did Gerry not mention his resignation from DVRG plc to anyone at MSYS plc?

Well someone is buying this AM

Quite a few buys showing first thing?

Talk about extremes when it comes to trades, look at todays numbers, quite bizarre. Nice buy but then it looks like our usual dumper decided to unload. Why they feel the need to keep on hitting the market with their sells just when the SP looks like it might gain some transaction is really irritating. I can only guess it's Helium who have placed a huge line of shares to sell with their broker regardless of the actual price, they just want out.

As for our management, wtf is really going on with MSYS? No news for months despite a very upbeat statement previously seems strange and Jan or Feb trading update. Do they only feel the need to issue an RNS when Helium tell them they sold even more shares here?

120 paid

Something's happening....buyers all over TNT now

Flurry of buying this morning after the VWAP target price was hit.......co-incidence or not? You decide.

MHL,

Without knowing all the facts it's difficult to say anything else re potential forward selling. All we do know is that share price has consistently fallen to the CLIN's target price of 110p so someone has clearly been working the shares over to get there.

TNT still has the option to repay the loan in cash if they can afford to do it and that would be a far better option for us as PIs. Questions remain as to if TNT could or even want to do that? Given RS commentary that he isn't overly concerned about the share price today, tomorrow etc etc but more what it will be in years to come that's a concern.

However, RS also has clearly been raising big money at big premiums previously for very small % of the company and I am 100% certain he will not be happy to issue the CLIN with such a huge % of the company that mean they have 15%+ of TNT stock and also doubt the would want so many shares either.

I would expect that RS will find money from somewhere to pay off the CLIN before they exercise the VWAP.

Further, the Subscription Price will not be the subject of a cap and will be the subject of the Floor Price of £1.10 per Share. If the Subscription Price formula results in a price that is less than the Floor Price, the Company may elect not to issue shares and instead opt to repay the applicable subscription amount in cash (with a 9% per annum premium), subject to the subscriber's right to exclude 30% of the subscription from such repayment.

Tintra will have an additional right (but no obligation) to repay the subscriptions in cash based on the market value of the underlying Subscription Shares (with a 5% premium) at any time within an agreed period. In addition, Tintra will have a further right (but no obligation) to forego issuing Shares in relation to the subscriber's request for issuance and instead opt to repay the subscription by making a payment to subscriber equal to the market value of the Subscription Shares that would have otherwise been issued.

Currently the VWAP would mean CLIN gets shares at £1.08 inc the 8% discount which could translate to @2.3m shares needed to cover the $3m loan.

All IMO of course

Guys appreciate the comments very much

How low can it go? Impossible to say, hopefully not much more

If tnt can get some good news out on funding or business development it could reverse the downside and take the stock back to a more comfortable level above £2 plus again which would at least give us confidence the company remains on track with it's plans .

We are at a point where there must be plenty of good news to be announced on parents, licences and tech stack. Just hope we get that in short order .

MHL,

First things first, I may not be 100% right in my assumptions so please take that as a caveat on my commentary.

The CLIN will have options to draw down what suits them, highly unlikely to draw down the full amount lent and much more likely to take smaller tranches from my experiences elsewhere as it make sit easier to dispose of their stock which will most likely be well in excess of 2m shares, final numbers TBD.

Of course they will however want to realise their loan money and a profit so the drawdowns and selling would be continued until all is done over shortest realistic duration but that could take many months.

As for Tintra taking more CLIN money, that could be a big issue as the CLIN has already put conditions in that say if the SP went below 160p they would not be obligated to provide any further funds or if the money loaned was above a fixed % of TNT's MCAP, see actual RNS text below:

"The subscriber will not be obligated to provide the second subscription, if the market price of the Shares is below £1.60 and does not recover to above that level within three months after the subscriber notifies the Company. The proceeds from the second subscription will not exceed 6.4% of the Company's market capitalisation, without the subscriber's consent."

Of course that above doesn't mean the CLIN would not be willing to renegotiate on new terms for further cash but if that is needed who knows what terms might be then applicable.

I am always open to others views as I am sure some must getting fed up reading my comments here.