Member Info for shandypants2

it would indeed, however, CEO gets 1m free shares on his 1st anniversary so little incentive buying on the open market. He also has been awarded bonus shares linked to the share price though so it is in his interests to get some positive news out there (assuming there is some!!)

Agree the warrants don't have to be sold on day 1 and can be slowly fed into the market over a number of days, however, the purchase at 1p must be paid for on the date of exercise as these shares don't exist. Essentially new shares are created on the day a warrant is exercised, so they must be paid for at that point in time. I suspect most holders sell c20% same day to cover the cost.

Give it a few days to settle and then results on the 15th should see some positivity return

thanks for posting. I think in a recent presentation the revenue from each customer was c5p and the short (ish) term aim was to increase this to 15p and then longer term to 50p (with 50m users).

Nothing wrong with being positive but for balance not every company needs to raise cash - profitable ones for example, and i would be 99% confident if a raise is required in the next 6 months it will be at a discount, as was the last one.

Hopefully it is not and 2022 will be a good year for TWD

anyone who states that cases don't matter as we have a vaccine is just deluded. Not everyone has a vaccine, including most school kids, the vaccines are c70% effective and this declines over time and of course we are just coming up to the winter period where viruses often run free due to people being indoors etc.
We have more cases in 1 day than some large countries have had in total (e.g. Australia) yet some dismiss it as being irrelevant. Unbelievable

the more this drifts down the more likely another placing is coming IMHO. Cash is definitely tight and CFO stated in the last presentation it is being monitored daily. The delay into Q1 2022 for their big order is clearly not helping cashflow.

took 2 days for it to pop but a nice rise today.

Green - great summary as always.

so according to EA logic if you try and sell something at an inflated price and you have no buyers it is clearly worthless!!!

I thought you just reduce the price. There's a big gap between 0 and $1bn

no need to sell, LST just keeps rising - now 17.5p to sell. £1m investment now worth c £2.3m

not sure how any significant positive or negative can be read into this. As an AIM company GFIN has 6 months to announce YE results and covid has created a small delay with many companies finalising their accounts.
Clearly the CEO did tell us end of Oct, so the delay is a slight negative IMHO, however, publishing on a Monday may offset this. The year to date info should hopefully be a bit more detailed as there will be over 4 months of trading completed and i expect these numbers to be very healthy.

As the company is valued at over £3bn Moulding must be charming someone.

Is the issue that despite the impressive growth THG is still loss making and has slightly confusing accounts?
Essentially beauty and nutrition are big margin businesses so these should making the profits to fund/grow the other smaller brands.

i've been unable to buy more than £1k's worth at 75p all day but i can sell everything at 73.5p. Surely this has got to rise soon if the MMs have no stock

a very reasoned post Highside. Extra funding was always required, although the heavy discount is a bit of a surprise.
If there was any short term good news surely they would have got it out before the placing - that's the way these things work.
I lost faith in EUZ many months ago and sold out at about 12p (at a small loss).
I think the biggest issue is that Toral is quite a small mine so some of the larger players aren't interested. To make it interesting they need to keep proving up the resource and this costs money. There is copper down there, but after multiple drills it has still yet to be found.
What was most disappointing with the placing is the explanation as to what the monies will be used for. There doesn't seem to be a clear plan. Hopefully it will come good, but for now i'm happy to sit on the sidelines

CEO confirmed a few months ago they would be released in October, as per last year's timeline.
The thinking around this timing may also have been influenced by the warrants expiring last week.

I think broker estimate was revenue of c£5.5m so any change (e.g. up or down 10%) from this figure would need to have been announced to the market. The fact it hasn't suggests trading up to 30/6 was in line with previous expectations.

As has been said the current trading and outlook will be of particular interest.

The RNS could drop any day this week.

wow LST just been tipped by the Mail on Sunday - now over 15p. Profit getting closer to £1m now. I've topped up

Also thanks Manlord - really helpful.

Was the general tone upbeat??

ST did start uses influencers back in late 2019 when the ST Choc range had a launch party. It seemed an one off thing at the time - this deal seems a lot more strategic and with someone who is 'known'.


https://www.celebsfirst.com/lottie-moss-attends-skinny-tan-choc-range-launch-party-london-uk/

On the accounts WeShop has been recorded at fair value which at current FX rates is a little under £3m. If we are getting £2.6m i'm a little disappointed, however, i suppose from an opportunity cost perspective a 10% 'hit' on dead asset at a time when the company is growing rapidly is not a disaster. Notes on the accounts are below...

At 31 December 2020, the Directors’ view of fair value of the Company’s investment in WeShop Ltd is
$4,153,602. This remains in line with the aggregate cost of investment. While WeShop remains pre revenue
the Directors continue to believe that social commerce represents an exciting and authentic digital
shopping opportunity, particularly post Covid which has driven more traffic on line and away from the high
street. The business has been through a year of focused product development, and operating cost
flexibility by off shoring the development function. The business is making significant progress in terms
of a listing that would contain ground-breaking elements likely to engender excitement. While the
Directors are hopeful of a deliverable transaction at an attractive valuation they consider it prudent to
continue to fair value the asset at cost.

https://www.lloydsbank.com/business/invoice-finance/ongoing-invoice-finance.html?WT.ac=lloyds-bb_and_sme-invoice_finance-hub-tile-FOM-ongoing_if

as per Lloyds business page on their website - looks like a match to what Satago does!!