Member Info for Shakeyerbooty

£200m would be a joke for 1bn barrels of oil in place plus existing production (with increases shortly).Let's get on with proving up the deeps.

Shaa-I thought when a short closes,it means they are buying back the shares.

Agree.I mean the first $10,000,000 under the current funding round will be received by the end of January priced at £11.78 per share and here we are at just over 3 quid.More rises to come once MM's have stopped dicking around.

The great thing is we're now getting investment from US investors as well as the Gulf.

It is separate Porter.It says so in the second RNS.

Company's balance sheet enhanced by £1m.Everything coming together.

M&A due diligence – Due diligence is an exhaustive process that begins when the offer has been accepted; due diligence aims to confirm or correct the acquirer’s assessment of the value of the target company by conducting a detailed examination and analysis of every aspect of the target company’s operations – its financial metrics, assets and liabilities, customers, human resources, etc.

There were plenty of people who wanted to buy at higher prices,but couldn't.How was that making a market?

StIrrespective of the date on which completion of the Acquisition falls, Pires Shareholders will not be entitled to receive any dividend declared, made or paid by Tern for the benefit of the Shareholders by reference to a record date falling on or before the date on which the Acquisition completes.op it YTee,you're killing me.ABI Research have just ranked Device Authority as THE global leader in IOT/IAM security.FVR have won numerous awards in their industry,Wyld have secured numerous partnership orders (a new one today) and have agreements with Fujitsu,Chevron & Bayer.I note that this statement is still there from todays announcement.
Irrespective of the date on which completion of the Acquisition falls, Pires Shareholders will not be entitled to receive any dividend declared, made or paid by Tern for the benefit of the Shareholders by reference to a record date falling on or before the date on which the Acquisition completes.

“To meet the data demands of energy distributors in Brazil we need to enable our sensors in every location even where cellular coverage is unavailable,” says Celso Garcia co-founder of HartBR. “Wyld’s fantastic sensor to satellite connectivity means we no longer view remote locations as a challenge.”

https://www.marketscreener.com/quote/stock/WYLD-NETWORKS-AB-PUBL-124414730/news/Wyld-Networks-to-deploy-satellite-IoT-solutions-for-HartBR-after-signing-partnership-agreement-40591275/

Steveblackdog28 May '22 - 20:11 - 311382 of 311404
0 32 1
Hugely encouraging that KeyScaler is named by the US government's Department of Homeland Security as a "total" solution to IoT security. And no other IoT security specialist gets a look in. A tiny, seemingly insignificant, UK outfit getting top billing as the world's giants are left in the cold. "Use us or do nothing" could turn out to be an advertising slogan that pushes Device Authority from the shadows and elevates it to incredibly dizzying heights.

Tonyslyfox28 May '22 - 17:00 - 311378 of 311404
0 25 1
KKrr11ss2 wow nice link mate

Try this , get your phone out of your pocket.

Go to your internet search ie google, Microsoft bing who ever you use

Type in [ U S Homeland security ]

Click on the top one

Go to menu and type in [ keyscaler ]

Third paragraph down , at end of 5th line it starts with ; and an opportunity
to learn about keyscaler, a digital platform that provides total trust devices and data operational trust for the internet of things (IOT )

SO WE NOW HAVE THE UNITED STATES of AMERICA GOVERNMENT (U S Homeland security) recommending little old Keyscaler for there cyber security to what they call there first responders
What is a first responder you may ask ; well it’s many things

Fire service
Ambulance & hospital service
Immigration
Airport security
Law enforcement
Revenue and customs
Ports
Life boats
Border crossing

LITTLE OLD KEYSCALER IS GOING FROM A FEW MILLION TO MANY BILLIONS IN MY OPINION

I should add I know DA is a private co,but I would have thought we get a say via Tern.Maybe I'm wrong,not sure how it would work.

Swanny-Fair enough and thanks for your reply.
antelope-All stakeholders will have a say in any buy-out of DA including us.The fact is that Al wants US exit values and we know what that means for tech co's,especially global leaders.

Swanny-Just a couple of points to pick you up on.I believe you think it will drift back down because you're the one selling around 15p which you openly suggested to Sweepie to do.You believe this will give you more firepower at lower levels,hence we are stuck in this trading range.I must say it's a bit of a risk considering we could get news anytime from DA,Wyld or FVR.I don't believe we have any leaks.Nobody knew about Venafi taking a stake in DA for instance.What current buyers do you know? Are you part of a syndicate (the fabled 51 society)?
I think it's a bit conservative to say that Tern have some 'decent' investments.DA have been acknowledged by ABI Research as THE Global leader in IOT/IAM security ahead of the likes of Entrust (who have revenues of £800m p.a),are working with the US Gov't,Microsoft,Avnet,Ericsson,Venafi,Trusetd Objects,FIDO Alliance etc and are in discussions with GCHQ.Then we have Wyld who have secured many Purchase Orders and are working with Fujitsu,Bayer,Maersk amongst others with commercialisation to connect the other 85% of the earth's surface due H2.Not forgetting FVR who weren't represented at the recent presentation.I wonder why.Could it be an IPO,Series B funding round or even an outright buy.Then there's Konektio and TM making great strides.
Al has stated all our co's are up for sale all of the time,hence nothing to stop them getting an offer out of the blue.He has frequently mentioned about monthly/annual recurring revenues,rule of 40,earnings multiples,bidding wars etc and we know from Darron Antill that DA have just had a fantastic quarter.DA's position is getting stronger & stronger as is FVR's & Wyld's.I am of the firm opinion that something big is in the offing and if I had more cash right now,I would definitely take sellers shares off them now.I note that the two large trades published yesterday show as 'unknown' on LSE,but they're in the price now anyway.GLH.

My opinion should have stated 'strong buy'

Because of the nature of Tern's investment strategy i.e identify,take a stake,nurture and then sell disruptive tech co's.I see Tern as a short,medium & long term play.DA galloping ahead,FVR must be close to IPO or Series B funding round & Wyld just 5 weeks away from the H2 window for commercialisation.I see anything under 20p as an absolute bargain.I am certainly going to increase my holding here before the market 'wakes up'.

The majority of our network of companies attracted additional support and investment from independent third parties during the year, after they all conducted thorough due diligence, demonstrating confidence in their business models and future prospects. These actions resulted in uplifts to their value and helped accelerate their monthly recurring revenues,

I think it's fair to say that Venafi conducted due diligence and that DA does have significant revenue.

What news are you expecting Sweepie and who from?