The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Excellent news, and as others have stated, a major part of the jigsaw put into place, but WHY no confirmation as to the cost of the acquisition? As shareholders, we should want to know, and should be told such things.
Perhaps there are 'no sales' because they have nothing to sell? Seems to me that 'sales' start and end at Manchester, and until that situation changes with a full product recommendation from the appropriate authorities, nothing will change.
I note the second tranche of litigation compensation is quoted in $, presumably to make it look better, but after taking off the withholding tax and converting it to £ sterling, we can see who the real winners were.
I'm no deramper, just a long standing shareholder with a small, but not insignificant shareholding, paid for from the sweat of my brow
I cannot understand anybody who just took the last RNS without question.
We are informed that both parties are legally bound to buy/sell, so why were we not told the price we have agreed to pay, and how we are paying? Pretty basic shareholder due diligence questions as far as I'm concerned, but it seems the fact that our collection of acquired licences being rebranded 'global' is of far more significance. But hey, I'm not buying, i'm not selling, let's see what unfolds.
Aiming higher still, and it's fanclub, ridiculed my original post yet today they are speculating on many aspects of PAYPT Finance Ltd, how long they have held the licence, how much it will likely cost, assuming GST will pay in cash, rather than equity, how much easier it is for a third party to obtain a licence so GST can buy it off them, presumably at a premium, and that's preferable to making our own application.... This story just keeps getting better.
Sorry, I missed the reference in the RNS as to paying cash for PAYT, .....but that's because there was none, like no confirmation as to the price being paid.
You have 'assumed' this will be a cash purchase, but let's see.
This cabbage has been unable to find any mention of PAYPT Finance Ltd, which brings me back to my original post on the GST site. Who are they, are they trading, if so, do they make a profit?
You can recommend yourself by simply opening another account.
Have to correct you again, I neither said nor suggested raising funds to purchase PAYPT, I ASKED about dilution,which would be the case if the legally binding agreement is to pay in shares.
You are not as smart as you clearly think you are, maybe aim a little, ....make that a lot lower.
Mentally challenged, possibly, but certainly pedantic. "The funds raised from the placing will be PRINCIPALLY"........but not exclusively used. Like me, you clearly have no idea how much we are paying, or, whether or not what remains of the placing funds is sufficient to cover 100% of the cost of the purchase.
That's just my view, but let's see where we are in 3 months time, or when it comes to completing the deal.