Member Info for Sanboy

No and US listing in the companies current state wont improve the illiquid state.. It didnt help ARB. Lets revisit this conversation

San

A 50m valued company with 200m finance agreement, and you think a random faceless poster will deter buyers with their posts? PP come on now, that sounds ridiculous. People not buying and people selling has zero, i repeat zero to do with negative comments on an LSE forum. Do you think investors in the city read the forums as part of their investment case during share research...

San

Gav, I suppose i cant get my head around it because of how bad the SP is performing. How is this not exploding? You cant believe its because of lack of understanding on the Tech, or some silly comments on a forum? People understand money and if what the deal says is the case, then the mcap should be 4X what it is currently. Why hasnt the market accounted for the 200m value, the small revenue being generated and the interest payments on the coupon? The mcap is sitting under 50m and dropping

San

I dont believe the news flow to be false? I think the deal is there. Im concerned about the lack of demand, with a deal that looks fantastic on the surface. Why is somebody selling, causing the hammering of the SP? I think its down to the underlying terms of the deal that havent been published, specifically QGP acceptance criteria on the draw down of the 200m. It may also be down to some level of dilution and the agreed monthly sell of QGP shares

PP... No this board or reddit has no baring on the SP, however much you dislike Golden or others

San

This forum, or golden (Sorry if i offend you in advance) has absolutely no baring on the SP price. The SP has been dropping becuase you can see rounded sells being dumped at controlled points (50K yesterday, 60K today). Due to low trade volumes, these are having a dent on the SP. There is low demand for this share and somebody selling off their holdings

San

PP thats all really good stuff, but why is the SP dropping? I really dont get why over 20m has been taken off the MCAP since the new shares were added. If all this big stuff is happening then the SP should be closer to 100m right now. Its closer to my 6-7p predicted entry point i mentioned a few weeks back

Im really scratching my head on this one

San

Bash are you 100% certain that that 200m cant be rolled over beyond the maturity date? Apologise if i got that wrong

San

So i think there is a bit of confusion. The 200m isnt cash, but a funding line thats asset backed. Those assets are still working for QGP to generate revenue. If the 200m matures i believe there is an option to carry over, or even extend to 1billion backed funding line. Extending the term means it will never hit VLRM as capital liquidity for investment. They can draw down against that 200m whenever they want, but that has to be in agreement with QGP... What is the acceptance criteria for this, as the terms have not been published?

Let me throw something out to others on here. If you owned VLRM, had this deal and you are seeing the SP dropping significantly, wouldnt you call against that 200m to try and stem the tide? RNS coming out saying VLRM has pulled 5m from the 200m agreement to develop the strategy would be a significant news story? Money in the company? strong accounts?

San

San

There is also terms between QGP and VLRM on the agreement to draw down that 200m.... QGP can reject requests if they want to

San

Its still a possibility that the 200m will never be materialised as capital. The corporate bond may be carried over continuously beyond the maturity date, so it never gets utilised for anything other than to act as an asset backed funding line to promote listings and generate mor business

San

Warrants i think are Thursday, but don t think that is causing the sell off. Its been a continuous drop based on low volume and somebody dropping rounded clips to offload their investment. I would be very surprised if an RNS isnt released confirming take up of that option to kill the 2m warrants. The big concern here is the sell off each month and the warrants issued to QGP, which will dilute the SP significantly. Perhaps somebody is driving down the price to get in cheap before the first payment and accounts ?

San

Bash the Market Cap is under 50m. Do you believe that it should be higher? Not a question to slip you up. Would be interested to know what you feel the true reflection should be and how you come up with that valuation

San

Broker i agree with that. If the first revenue is paid then it should start to rise to a better value than it currently is. Im not sure why VLRM is in a position where the SP is dropping. There must be something that the market just doesnt like about the agreement. It cant just be based on lack of trust

San

Those 2 40k Sells are very interesting. They seem to have dropped before that 96k buy. Seems like somebody has been gradually selling in a controlled manner

San

The Market has priced the deal in. Its been signed off, so in standard share performance after a deal is signed, you see the share price rise to reflect value of that contract. You dont need first money in the bank from the deal to see SP rise. Also worth looking up PEx ratio as that reflects expected profit (So equation on potential revenue rather than actual).

San

Think i did say 6//8p is a fair price right now for VLRM. This may change on first payment and accounts RNS, but at the moment the Market isnt seeing anything of value here. Its a bit of a head scratcher when you see how the news on this was positioned... 200m /400m company valuation for example.

San

I cant comment on why he is here, but its a public forum so open to anyone. Perhaps he is using his time on here to offer his warning on the stock. He may not want people investing into something blindly without reading both sides of the leaflet. There are many sensible questions in here that dont get answered, which should be to help new investors.

San

DB he is saying you cant short VLRM as it sits on the APEX segment on AQUIS. He doesnt own shares and hasnt got a short open so he has no reason to panic :)

San

I need to know the following on the deal

- The source of that equity backed agreement?

- What are the terms on the drawdown of the 200m equity? QGP ultimately approve and VLRM request for draw down, so what are the acceptance criteria

-Can the bond be rolled over rather than transferred over on "Maturity date" of that bond?

San

I'm proud and embarrassed that i had a hand in the origin of that name Crayon :)

San