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Hard To Handle
I think you have identified the wrong company. Nubaru was reversed into Tailwind Acquisitions not Tailwind Acquisitions II.
Itsagame
Have you factored in the reserve deterioration charge in your calculated NAV?
Peak
Nuburu is loss making and it has written its inventory down by 50%, it’s just over $1 million, so I think your idea about IM is unlikely.
Possible corporate transaction involving NYSE listed group Nubaru
Details on their website
Upzeplums
Your wrong.
The Banco BPM loan is repayable over 5 years with final payment on 11 Oct 2027 see Note 16 to 2022 accounts.
Extrader
Banco BPM are of course existing lenders to SYME for €1 million secured against group IP in Italian subsidiary so they already have a relationship with SYME.
Camkite
Wyld need the warrants T04 and T05 to bridge the funding gap between and forecast profitability.
Based on low value raised today I suspect they now will need more funding.
Wyld T04 warrants exercise price just SEK 1.83 which is why share price has dropped.
Wyld needs a good Q2 and Q3 to get T05 warrants in autumn away at good price or it will definitely need a further fund raise.
Tern may have some exciting prospects but Tern still has quite a high expense ratio relative to its net assets and its 4 main companies still require regular cash funding as they haven’t reached profitability yet.
The result is that Tern consistently needs to raise cash.
I don’t see that changing that quickly.
Deacs1970
I think Standard List is marginally worse than AIM because there is no NOMAD that is supposed to sign off on RNS announcements although some NOMADs do sign off some right old pony.
Deacs1970
SYME is a Standard Listed not a Premium Listed company on main market.
Many Standard List companies have performed badly e.g SYME, RTOP, Dispensa, Iconic, Gild. Chill
Some really poor quality business have reversed into small shells and it’s the same as the worst of AIM.
TwoGood
It was extrader not me who raised gig point
Chewy8uk
When TAG announced recent debt for equity swap the TR1 for TAG’s increased holding is included in same RNS.
No numbers given for this or any previous quarter.
No indication if revenue was above or below revenue growth projections made byTM.
No indication of gross margins.
Old1
I hope your not heavily invested as RTOP just hit a new 52 week low.
What a ugly dog of a share.
TwoGood
Having read a few Heads of Terms, I know what they are. Of course the deal wasn’t going to complete over the Easter weekend but AZ set up expectations in the first place that deal would complete by end of March.
Meanwhile VE Chain Phase 2 first mentioned in June 2022 and then expected to be completed in Dec 2022 remains uncompleted in April 2024.
The first UK IM deal was announced in July 2023 but it wasn’t completed by 29 February 2024 and no update on that deal either.
AZ does seem to struggle to get deals announced completed.
Mitchman
I often post when there is news. With SYME it’s often bad news which is why there is often a drop in share price.
TwoGood
Sometimes it’s what isn’t said in an RNS that matters.
Mitchman
There you go again with your TW and his gang of evil shorters and stock loan company conspiracy theories.
The much simpler explanation is that SYME 4 years after its IPO hasn’t delivered anywhere close to its constant promises.
I note there was no update on VE Chain Phase 2 now 15 months late or U.K. IM that was announced but hasn’t completed yet either.
White Label IM progressing but no indication of BPM funding line or expansion to a larger offering
Crypto might raise $10 million having secured $5 million
No update on SYME funding by TAG or alternative funding
No date given of when year results will be published
Slow progress for a company burning £400,000 a month in cash
Peak
We all make mistakes but your apology shows your class.
I hope AZ turns this round for you but I fear he won’t.