The way I see it21 Jan 2021 21:59
My opinion is as follows:
1. SYME has complied with regulatory rules in a pre emptive strike resulting in temporary self suspension which is a positive thing. The temporary suspension is not the FCA suspension the trolls were throwing out there and talking up. So those conspiracy theories can now be laid to rest.
2. SYME stated in previous RNS they will release news on who the funder is by end of this month. Massive positive especially if released during a temporary suspension.
3. SYME stated in that same RNS they will talk numbers and expected revenue generation by end of this month. Massive positive again especially if released during a temporary suspension.
*Inventory funder RNS- "The company intends to disclose to the market the identity of the Inventory Funder, the key features of the Inventory Monetisation programme and the targeted positive revenue impact for SYME."
In my opinion, with that being said the temporary suspension will serve to stop the short attack and de ramping on these boards and on social media in their tracks as you can't quite literally lose money whilst in a temporary suspension and with the expected positive news flow that is to come ... means... I would rather be long than short.
GLA fellow long term holds and genuine investors. I welcome to hear all sensible thoughts on the matter.