Member Info for suey77

https://www.google.co.uk/url?sa=t&source=web&rct=j&url=https://en.m.wikipedia.org/wiki/7digital&ved=2ahUKEwjkoZ3Muc3sAhVDtXEKHTDfA7IQFjAAegQIARAB&usg=AOvVaw1gJbO_B7qEPG7b61FOG_GI

My thinking is this global tech is trialling 7dig for 6 months hence the nda. If they do decide to renew, then hopefully they will be revealed.

Hello, itye1970. Like yourself I came in here thinking this was a no brained, but things always turn out differently to what I think! I'm not sure if taking it out on the company is accurate though. Paul has given us nothing but good news. There has been enough RNS's released lately for positive future, this share going down cannot be down to him. How many RNS do you want from here, one a week? How many companies are you invested in that releases a statement that often?

I think the SP going down is due to the huge increase from below 0.5p to 3p+. We just got in at the wrong time. I am also down 50%. Just gotta hold, or cut your losses.

Hmmm... sounds a bit fishy to me. the article says 2m IOS user and just under 500k Android. For every 1 IOS user, there are 3 Android users in this world........you'd expect the figures to be the other way around. Having said that, Triller may have been small before Trump became a user, but im sure all that publicity, plus the threat of TikTok ban, lots of user have probably got dual accounts now.

There was a Bytedance IPO in the works for a while now. However, i believe that the Tiktok IPO is a deal that Bytedance is looking at for their American Branch so Bytedance can keep control instead of losing their revenue. https://www.reuters.com/article/us-usa-tiktok-ipo-idUSKBN2682ZA

Well, looks like these are going on the back burner for a long time. Might as well forget about my investment here.....

This is the most frustrating part. They invested $1m in like a fund called hoamer something or the other which is 100% only to do with bytedance. But don't know what the unit price was or how its performed nor the current price.

Can you give me a quick summary of the article? Sorry I don't have a FT subscription. Thank you!!

Most likely any issues the report has, they will have a comprehensive action plan outlined on 30th September. As they'll have the report on 15th September.

Lol, so the same location as i thought......

Half year report should he due by end of month. Hopefully we get some insight then.

I dont know. Gonna just hold. Not much more to say unfortunately.

Seems a bit silly for china to stop a $20bn deal with a Chinese company.....maybe the government wants a slice in taxes?? So it would still be approved I'm thinking.

Avizandum1, forgive me but I'm still learning, why suspension? And what does that mean for us?

Even If WSL had only 1% invested in Bytedance, that sale is worth $200m. Surely thats £2 a share????

Looks like Oracle are also interested in buying Tiktok .
https://www.ft.com/content/272cfc69-b268-45ac-88d6-d55821f27e78

WSL has actually invested £1m in Bytedance who has a big portfolio- including TikTok. So actually the investment is bigger than 'just' investing in TikTok. I dont actually know how much WSLs investment is current worth.

Looks like 15th September.

investment in bytedance is probably not widely known. Or maybe people are just waiting for an update?

Don't know if i got this right, but.... in last RNS under Major Interests in Shares: this adds up to over 65m shares. So this would mean circa 19m shares in free float?