focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I am also a good boy - said yes to all the resolutions.
Posted by Timbo003 on ADVFN:
A few nuggets from the discussions between Davis Guyatt (CEO) and Shareholders after the AGM yesterday: * The state of Osirium’s balance sheet has not deterred customers from doing business with them * Osirium does not ever have problems with bad debtors * The BOD are looking at other methods of financing the business, not just through issue of additional equity (invoice financing was mentioned as an example) * Contract length is either one year or three years, some customers have been paying for a 3 year subscription up front * Renewal rates for contracts are around 95% * In a few years from now, the company is likely to end up being sold in a trade sale, the CEO has a good track record building tech companies then exiting from a trade sale (most notably MIMEsweeper) * Over 80% of sales are made through channel partners, the channel partner may take 10 – 30% from the sale, but it involves little or no resource from Osirium. * Signing up with a major new Channel partner in (say) the US should be seen as potentially very good news, even though it may not trigger an RNS. The two big players in Privileged Access Management (PAM) are `both US based, one of which is is Beyond Trust which is owned and funded by Private Equity https://www.beyondtrust.com/ The other company is Cyberark with is quoted on Nasdaq, with a market cap of around $6bn and annual sales of around $460m .
No material impact but future potential.
lol lol
Only 19 trades :-(
15p by Friday
It means we have to wait five years for the share price to reach £5.
how in 2021 it managed to burn through £4.7m of costs to generate just £1.47m revenue.
I am 70% down (my average is £5) and can not find a reason for holding it. thanks
What everyone is thinking? I am down 70% and have no other choice other than holding
Nice 900k buy (value 81k)
….
Bullraider
https://twitter.com/Larry64450205/status/1503797716039708681?s=20&t=UBfa-9Q4mfdFQFL880oprA
Whopper 246k buy after hours
Down
Last week, I was down 44k - it is like a slow death. My 67k initial investment is now worth 23k.
Could someone please give me a hope? I can wait 1-2 years as long as I can recover my money.
I would say between £2-3 :-(
:-( :-( :-(
I am down 42k ( initial invest 67k) not sure to sell and move on or hold hoping for share price to reach £5 then sell and never invest in AIM again.
Sorry I mean 3.84 in pounds