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GS - that all looks bang to form ( pardon the racing pun) :) ...as always there is usually a cryptic message somewhere in the OPAY RNS that usually come to pass( i.e. new FD with FTSE experience....subsequently followed by aqn announcement and proposed move to FTSE250 some 3 months later) what I thought was interesting in this RNS was...." increasingly consolidating sector" ..... time will tell if another unknown unknowns comes to pass ...although like you I feel there are maybe more knowns here than unknowns GLA

Thanks Techni - v informative and educational as always It almost appears to me that we are seeing an asymmetrical graph with £2.16 on the start of July being the inflection point and we are now in the upward trend out of the valley - if that persists then I think as you noted we will see it hit £2.90 in next few days before rising onto £3.30 once the move to main market and trading update is announced with onward projection thereafter to a realistic SP. GLA

The shares being issued to Skrill as part of the consideration are admitted to AIM from 8 am tomorrow so I suspect we will not see announcement until after close of markets this evening. I expect they left it til close of business today so they could draw down loans etc today and have all the consideration in place to complete at COB.

Had feared you had close out , great 2 have u back As GS posted where to now on SP oh Chart Sage ?

Agreed - this is just notification due to the rights issue with holding percentage adjusted for increased number of shares. The overall increase in holdings was due to rights take up.

From my reading of RNS I see the following as likely key dates - any thoughts ? Aug 10th COB - Skrill acqn complete Aug 11-12 - Application to join main market Aug 12th - 26th - confirmation notice of entry to main market Aug 26th - Trading Update Sept 21st - notification date for inclusion into FTSE250

Pendulum will swing to buys driving SP come FTSE 250 entry ( as well as more MM) - at present it is a bit of a mates rates on the SP by MM and II - we are just along for the rise - but they are doing all the steering

Spot on GS - high time FCA and PRA took a deeper look at these repetitive trading patterns - smells of LIBOR, FX, PPI etc..........

my guess is buy in - OPAY is great value with FTSE250 to come and a re-rating by analysts post deal completion, and you never know who is waiting in wings not FCA approval is through :)

MM manipulating the SP to play into their warehouse book - 10mn share deal on wed is case in point

I echo GS sentiments - no offence intended - just trying to be clear as to facts - any offence taken please also accept my apologies

we are all in a circle - no corners allowed !!! we have all been there R3D2 - trust me :)

lol GS ..... I would be more than happy to be wrong on this one !!!

hate to rain on the parade R3D2 but the RNS is not that definite..... "and a decision on the application is expected to be made no later than 11 August, 2015".... FCA could extend the date further if they still haven't made decision by the 11th- this is all totally outside the control of OPAY and totally in the hands of the FCA.

I am with GSmiley on this one FCA decline to approve - we will revisit pre deal value adjusted for cash raised and increased number of shares - in or around £2.05- £2.15 adjusting for increased shares less new cash at least in the short term - not with standing a bid approach for OPAY materialising in short order. FCA Approval - which I think is the more likely - then uncertainty is removed and discount to peers should be eroded. The FTSE 250, synergies of combination, etc... will all sit above that - the uncertainty means we are currently sitting at a 70p discount to deal announcement with only one condition outstanding - FCA approval. Nod from FCA on/before the 11th removes the uncertainty and price will recover to in or around SP @ deal announcement - other benefits after there will kick it on. But the reality is it All depends where MM take us over the next week - afternoon will be interesting how US view it - their regulator takes 2 weeks - FCA can't complete the job in 2 months !

Not sure about a magic bullet - but I know where I would like to put a rocket if you have one handy !!!

good move - shame you will have got hit for broker fees - but hey you should make that back afternoon price will rise - this is just one last throw of the dice by MM to trigger stop losses before the US Cavalry arrive in the afternoon I think we passed the point of no return on FCA refusal or extension last Friday - the request to include the sentinel trades was the clue - If FCA were going to pull the pin they would have given an intimation a week ago Expect rise into the afternoon and close - RNS after close of business/ 7 am tomorrow - stock springs

well said Sharesplease I think approval process is playing out just like the RI - we had a 2 week dip followed by a recovery of 30% on the last day as Ii completed - sp should recover to previous peak on announcement ( £3.35 on enlarged share numbers) and then kick on to new high after FTSE250 entry( say +10-15%) the only difference is that the RI was 2 wks - FCA approval has been two months

The only thing anyone knows for sure is birth , death and taxes. Everything else is judgement - and my gut tells me that it will fly for the following reasons: a) they will have had 60 days of engagement - if there was an issue last week was the point of no return - if it was a no go the advisors would most likely said to opay to pull it - ii's would look for mngmt scalps if there was a no and they were caught unawares. b) in which case Opay would not have filed for the inclusion of the Sentinal share portion of the acquisition in issued share capital c) b acted as a catalyst for an ii - see d below d) IMHO - today's late 10m trade was a put through of a CFD executed last Friday - sp spiked up on no reported volume last Friday ( someone knew something) - so it could only have been a CFD to push up price by 7% last week - and no sp rise on 10mn today.....give away e) d tells me that this is just pre announcement transaction straight out of a well rehearsed playbook f) ii's don't like nasty surprises - if FCA intimated they were going to pull then OPAY would have had to engage ii and seek direction - if that happened unlikely we would have seen today's volume trade or the inclusion of Sentinel shares. in summary - reasonable to assume on probability that this will happen tomorrow ( ok it could be 4:59 pm before announced but it will happen) .. my guess is an early morning RNS.

Agreed- they have til cob tomorrow- I think they will give nod everyone is just filing the paperwork and practising their speeches for tomorrow.