Back to 2p or up to 8p. As always. No one has a clue how to value a business on AIM. Little helped by news that gives half a story. However, the people doing the negotiating hold large amounts of shares in the company so one would conclude a deal worth in excess of debt. Hold for me.
It states... in the coming days, which I interpret as in the future with anything from a week to a month. This won't be done quickly. Lots of due diligence etc. But hey.. If you are in and good news lands then you will have multiples as people try and jump in. If it tanks on bad news.... welcome to AIM.
The bid hasn’t moved. They must be laughing their socks off at people selling at 3.20. Could of sold at 3.70 this morning. You will never make money on AIM without a bit of patience or you will just buy high and sell low continuously.
RE: Major players operating in Global Mobile Advertising04 Sep 2019 07:19
It won’t be for a while yet. All takes time. Bond holders are irrelevant here. The RNS states larger shareholders will pay it off and in return they will probably be issued shares for a larger slice of the pie when its cut. Nothing to do but sit and wait.
Welcome the the unregulated Wild West of share dealing. I remember a few years ago one of my holdings issued shares that were forward sold but didn’t get permission from shareholders who then voted it down. FCA response.... absolutely nothing whatsoever. If you analyse it, AIM is a vile place that most of us would be happier out of. But it’s like panning for gold. You just never know.