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Talking **** Areyoualoser
RTO old company holders are selling.
Update yesterday from Pro active..

Fintech firm running platform that allows companies to sell stock (and - at the same time - keep it on consignment) to Supply@ME’s special purpose vehicles
Already has more than 900mln euros worth of contracts with cross-border companies
Listed on the main market of the London Stock Exchange in March following reverse takeover by Abal Grou

In July, the AIM-listed firm said it was in discussions with a large financial institution over an inventory monetisation pilot programme in the UK. The target is to start a pilot programme by the end of 2020 with up to 10 UK client companies.

It is also developing a dual-funding approach to its stock monetising platform.

The SYME platform matches manufacturers and traders that want to monetise part of their stock for cash with funders that invest through the platform into portfolios of inventory assets.

Going forward, the dual-funding approach will comprise an open-funding route and self-funding.

In open-funding, a securitisation note programme for assets on the platform is being managed by StormHarbour Securities with 16 interested investors of which most are asset managers.

On the self-funding side, where funding institutions add their own clients to the portfolio, Supply@Me is in talks with two Italian banks over their use of SYME.

Overall, the number of clients waiting for inventory funding had risen to 97 from 66 at the end of December with a further 272 undergoing SYME’s due diligence processes.

July also saw the appointment of Stuart Nelson as Head of Enterprise Risk Management (ERM).

With cash of £5m I'm hoping the former. Way undervalued so may be a change of a sale..

A well deserved holiday!

Sorry, Euro not pounds..

So that's a gaurenteed £10.1m in revenue as soon as they start. 271 are being put through the due diligence.
What a genius business idea.. Everybody wins, how business should be.

Source: Supply@ME Capital
The relationship between the three actors — the client company, Supply@ME, and the funders — can be characterised as follows:
• The client company holds inventories of tangible value and with a known customer base. The client company wishes to free up working capital.
• Supply@ME forms a special purpose vehicle called a stock company.
This entity buys the inventory, leaving it physically located on the client company’s premises. The purchase is financed by the issue of securitisation notes, an asset-backed investment instrument.
• The funders buy the securitisation notes. They will receive an interest payment, known as a coupon in bond market terminology, and receive their principal back when the inventory is sold to its end customer.

Couldn't agree more with Frag. This is a genius idea and kind of surprising it hasn't happened before. One of the best investor presentations I've read also for a company at this sort of level. Great PDF downloaded from pro active. Main market ups the game also rather than being AIM listed. Market cap has drifted from £200m to £20m since March, i think the Market has forgot to value this correctly. Won't last for long.

Hope they are running low, not having mine. Don't put a stop on it, but a limit sell. Very high..

Been a bad view years for IPO's but when they do come, you usually do very well. Can see more happening with all the capital thats been injected into the system.

Should hold I'd say, lots of news will cover this and more buying interest should remain.

Trying to top up. NT. Order placed..

Such a steal at these prices. Have taken advantage.

Think it bottomed at 11p. Timed it well for 10000 more shares. GLA. Nothings changed, just a breather in the upward direction.

@Woster, yes if they let you do it. I'm long on EUA on my demo account. Have never used real money....yet. One day if I know for certain a sp is going one way I would. Works on leverage so you can lose and get stopped out quickly. I think the brokers take the other side of a lot of trades also. Proper gambling but great realtime market info on IG.

Going long for the client is a lot better than them going short! Just explaining its a bet that the sp will go up.

Lol USB, auto correct. UBS

Last time I thought USB had bought and sold a CFD but I had it wrong. Roka pointed out what that last buy and sell was. This is UBS going long. Ie, not buying shares but betting (CFD's are gambling) the SP will go up. They will have bet an amount per share on those 50000. Go check IG if you want to learn more with a free demo account. I wouldn't recommend doing it though unless you are 100% certain. The demo account is fun to play with for learning realtime market movements, £10k virtual money to trade with. Great fun!

Signal sent. Go long.. If there is no hedging one that comes...Happy days! GLA

Just a taste of whats to come..

Been awaiting a drop to buy some more, batch grabbed this morning. I think it just got very oversold on RSI etc when it went to 14.5p. Traders just see it and short etc. It will come back soon enough.

Lapping them up at these prices. Great opportunity, these don't come around that often. Crystal ball is on being put on furlough for this one, not needed. Team has a serious track record, this is main market not aim, idea is genius. Margins will be big and risk is very low.