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2.10 sp that is 6.66% down its a sign lol
yeah found it 10% use of proceeds for "other" you are right 10% of 5 million is 500,000 but from the agreement in March they are paying it off over 12 months though it does not state if March or April will be the first month of the payback i am guesing it is April. So...500,000 divided by 12 is a little over 41,000 a month the interest is pittance so april to september 6 months 41,000 times 6 equals 246,000 paid to date. i can hopefully see this paid off soon would be nice to see that in an RNS. May just see a better reaction than todays RNS!!!
countingcards - 1. 266 million shares to be admitted tomorrow not 226 million. Where are you getting that 10% figure from i have reread the two rns's about the placing and where the proceeds are going.
i will try and proof read what i write next time
Could well be but that is a lot of hope about triller buying tiktok at the moment. I would sooner concentrate on what we have with triller for size it is and the health market 7dig are entering into. I would especially lkike to hear more about would the ceo in his latest interview stated about paying off the remainder of the £500,000 debt taken on in March. But it is like the ceo said lotsof news in the pipeline just a waiting game in the hope it gets bigger and better with the year end goal of 7dig becoming break even possibly a profitbale business by year end
As nice as it is to win new business the reaction is hardly suprising when there are no figures about the worth of the contract and the fact that 226 million shares are going to be added to the market tomorrow at 2.25p per share. Still hopefully this should mean we do not go below the placing price if indeed this is the start of bigger things to come
well well well finally news to justify that horrid placing price maybe just maybe we may if this keeps up get back to the pre placing price days
yoru welcome and yeah it should be when we get news
2.25p not 2.5p shares
probably forward selling of the 226 million shares due to be added on Wednesday.
boring day maybe news next week i am off to do something constructive back on Monday woohoo
The BOD have to release information to back up the placing the market likes and yep still waiting
The net proceeds of the fundraising will be used to support immediate and medium term commercial growth opportunities, in particular within home fitness, artist monetisation, and social media.
hope for RNS's soon on this front may eevn get a tr1 or 2 if any of these new investors are not offloading
yes i am invested here as the recent interview the ceo did paints a picture that the company expects to be at a break even point this year. (possibly in profit)
i am trying to take a balanced view. . I am hopeful for more RNS's this month of course there is the financials end of month.
cahoodle - the sp finished in the red that aint good and also note that 7dig has not elected to pay off the half million debt they took on the 12 March this year.
the company raised £1 million more than expected yesterday.
GoldAnOil - yes indeed it does but the meaning is all too clear roll on 8am
what will today bring yesterday was a car crash surely it must get better?