How much are SYME making? How much money in the bank? Fundamentals need to be researched before loading tens of thousands in. A lot of people in for a shock
Proceed with caution on this one is my advice. There’s money to be made but at £154mil market cap it’s horrendously overvalued. Inventory portfolios may sound like big numbers but physical money to SYME is very small.
Maybe you're right - not trying to spread doubt. Always been a big fan of MYSQ but the company as a whole, and mainly Eric makes me nervous. Good luck all and hope it comes good
The only concern here for me is that the Tencent advertisements were quick to be removed - why? Right now the recent rise is mainly due to sentiment around this. I spoke to someone who works closely with the app development and rollout for Tencent and he's never heard of MySquar - might just be him though
The Convertible Bonds and the Warrants together represent the package for the �2.11 million fundraise - the warrants are included in the 2.11 million
Correct me if I’m wrong but Atlas have already converted £950k of the bonds - that leaves a little over £500k as the £2.11mil was made up of £633k in warrants excersizable at 3.15p, so there’s not far to go.
Look what happened this time last year once the CLNs were clear - 1.8p smashed through 6p very quickly after, and much more is happening now
Don’t worry about OBC Nell End. Smart money is sat back patiently and buying the dips knowing what to expect as we move into March. You just need to worry about AST - not looking good there my friend. Much love x
Wouldn’t be surprised although can directors buy at this stage? May be a stupid question but wonder if there’s restrictions - if they know what’s coming then it’s free money
8,183 shares bought earlier at 84 and 8,813 shares just now sold at 67.25 - if that’s the same person then I think you misunderstand what the aim of the game is here
A little bit of accumulation in expectation of a rise perhaps? Quite a small free float here and with drill results expected imminently I should imagine MMs are not willing to let this go prematurely.
So when’s peoples thoughts on when drilling updates will land. 1 week into drilling and if I’m not mistaken 12 drill holes? So potentially another week or so...