Member Info for Shakeyerbooty

Agree rhodi.
The last set of accounts issued 3/21 clearly states that during 2020 Tern raised £4.5m of which £2m was invested during 2020 before expenses.That clearly leaves at least £2.5m left before expenses,excluding what was left at end 2019.
In 7/21 Tern raised an additional £4m.This leaves us with £6.5m excluding expenses.
Since then Tern have invested £150k in Wyld 1/21, £530k in FVR 8/21,$1,25m in DA 12/21,£200k in INVMA/Konektio 12/21 and £400k in TM 1/22.
I would suggest that Tern's bank balance is quite healthy,not forgetting that it was announced on 31/3/21 that DA owes Tern $4.3m excluding $0.4m interest accrued to that date.
The interesting part of todays RNS was that DA are longer dependant on Tern for funding, suggesting that DA's revenues are indeed increasing and that Venafi's involvement is taking effect.It seems that DA are inundated with leads thanks to Biden's Executive Order.
This price is an absolute steal IMO.

Before saying Tern has no income,I suggest you do a little research.The fact that huge globals plus the US gov't are getting involved in Tern's investee co's is good enough for me.Sooner or later,value will out.

Income from our portfolio companies was comparable to the previous year at £151,159 (2019: £124,766). As an operating principle, the Company does not charge high fees for access to our expertise or as invested capital is put to work within our portfolio companies to drive growth and value creation. Total investment income increased by £1.7 million, or 412%, from £0.4 million in 2019 to £2.1 million in 2020. The fair value increase was driven primarily by the Wyld Networks fair value uplift recognised of £2.6 million after an offset of foreign exchange losses. Specifically, Device Authority is valued in US dollars and because of the pound strengthening during 2020 this resulted in a £0.4 million non-cash exchange rate loss as compared to a £0.6 million non-cash exchange rate loss in 2019.

Excellent update.DA,TM & Konektio all funded for 2022.DA enjoying particularly strong demand from automotive sector with retail sector & US Gov't strong recent contributors to growth.FVR gaining more contracts,Wyld doubled in value since IPO.DA no longer dependent on Tern,new contract wins,val'n uplifts across all portfolio co's,increases in monthly recurring revenues etc.No mention of OTC tells me it is imminent.Al did state about a month ago it was near the finish line.

https://cybernews.com/security/darron-antill-device-authority-with-organizations-incorporating-more-connected-devices-the-surface-area-for-cyberattacks-broadens/

Done my homework thanks.I'll take notice of official RNS's rather than a de-ramping troll,thanks.

Do you have a link to this so-called emergency interview (your words) as the RNS 17/6/21 clearly states that NO new ordinary shares will be issued as part of the OTC application.

Why would you when larger investors are buying at 504p.Plenty more to go including sale of lottery business by end of Jan.

Every little dip being bought,no surprise.

No,it's not.it's £2489.

They're showing as unknown.

My view is that it was the equivalent of 8p without this fantastic RNS, at its high,so I would expect we should go beyond this.

It will depend on the size of the contract.If it's for let's say £100m+ then with only 90 odd m shares in issue and depending what p/e you want to apply,then this indeed would be in the pounds.

Seeing as there is an AGM on 30/12,I would hope that Budd has been able to announce one or more contracts by then or by 23/12 when voting closes.My view is that the EU saw something they liked which is why certification came earlier than expected.Can see a contract or two coming from Europe shortly.Huge number of trades and money traded today shows interest is here despite what those on ODX say.Interesting to hear the govt announce tonight that any Omicron contact does not have to self-isolate,rather they have to be tested daily.As we have the fastest POC test that picks up Omicron,this can only be good news for the co. to sell our tests.Expect over a quid the next few days even without a contract.

You're talking nonsense Rcdm-when the pandemic kicked off NCYT was around the 20p mark.I should know,I was in it.

Think you need to refresh your memory!

It went from 20p to £12 (5900%)-NCYT.

The approval came within the ten working days.The regulators must have liked what they saw.

Neocantus-a shorter can only make a maximum of 100% on a single trade.A long can make unlimited gains on a single trade.Plenty of longs 'massively' in the money since 0.4p.

Well said Geo.I would also recommend that people listen to the May CMD presentation 23m56s in and look at the size of the markets DA is targeting (absolutely huge).There is no doubt in my mind that DA is making fantastic progress and with Al's 'within two more quarters of revenue and fourth quarter exit ramp',things will soon become clearer.OTC listing around the corner opening Tern up to more US investors.These shares are extraordinarily cheap IMO.The US understands tech,unfortunately Aim doesn't.