Member Info for Senza

Implied placing, I think. Article:

Franchise Brands FRAN on Monday said it conditionally agreed to purchase Hydraulic Authority I, which owns the European hydraulic hose replacement company Pirtek Europe.

The London-listed franchise business will pay 200 million pounds sterling and an additional 12.2 million pounds for cash, debt and working capital adjustments as part of the deal.

Franchise Brands plans to finance the acquisition using 110 million pounds of new bank debt facilities and at least 110 million pounds from an equity offering, which includes the placement of shares at 1.80 pounds apiece for up to 90 million pounds in proceeds.

The deal and the fundraising plan will be tabled for consideration of Franchise Brands shareholders during a general meeting scheduled for April 20.

Franchise Brands shares dropped nearly 2% at close of trading Monday.

Personally I’d wait for 1p. Meantime, check HEMO.

https://www.lse.co.uk/rns/HEMO

Anyone use SimplyWallSt?
https://simplywall.st/stocks/gb/tech/lse-bvc/batm-advanced-communications-shares

"High growth potential with excellent balance sheet."

Yeah, I got yesterday. :)

The spread has tightened...

Obvs I meant when the drops slows down a lot. Still way too vertical for my liking

Are you not worried about it tanking from 32p to 26p (19.5%) in a little under a day?!
Is this normal? I'm tempted to buy the dip - when the drop slows down a little!

It is a coiled spring. Currently uncoiling at 100mph - downwards.

70's

Busy, busy, busy!

Could be a good year. Although, it's a buy-on-news for me. It's not the quickest - lol. Keeping a close eye, though. Still looks promising. :)

What do we think?

"what is Vwap?"

Investopedia is your friend:
https://www.investopedia.com/

19-Dec-22 15:11:00 84.12 87,777,658 Unknown* 84.80 84.82 74m O

Yes, I'm in too. Same reasoning - lol!

In @ 77

[laughing-emoji]

TM squeeze is on... :)

I wouldn't have thought so. Defo looks like it cruise under 2p though. It'd help if the drop at least got less steep!

Also: another £49 million buy just gone through on Entain. :)

There's a pattern the ii's use.

Learn it and largely remove the gambling element. I can never thank the guy enough, who said this on one of these BB's years ago. Saved my arse.

It's not easy. Took me over a year of constantly staring/analysing charts. Thousands of hours.

But so worth it. Elliot waves is the pattern. Very simple to learn and very hard to get the hang of:
https://www.amazon.co.uk/Elliott-Wave-Principle-Anniversary-Advantage/dp/B015X38ZXM

Best of luck.