IntelliAM aiming for significant growth with £5 million Aquis IPO. Watch the video here.
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Not Mexico sorry Brazil
@davey if you had any clue about this business and long term holders you wouldn’t sprout this rubbish. Obviously you’re annoyed you weren’t in enough or sold out at the bottom. At the end of the day, I’ve been saying and many others here that Xlm has been truly undervalued. Yes its price action has been poor as it probably needed a little more cash, it was going through a transformatice turnaround which takes time to focus on US and big restructure. Anyone saying the sale of the European business was not right for shareholders is a debate. I think it was spot on. Knowing the industry very well? Europe is mature, highly competitive and in soon regions declining. US is where the play is over the next 5-10 years alongside Mexico and Africa so this RNS imo is transformative and will be to price action over the medium term.
Most traders enter and exit with profits, and if you stay too long, you'll be left holding the baby.
I ended up buying 100k at 11.80p and sold them for 12.20p – thanks for your advice! lol
PS: I was on a flight, so I couldn't access my PC :)
Not being rude, but have you used a PC before? You post the RNS over an hour and a half after it was released, when everyone can just click the news icon above. Then you say you can't buy, when I can buy 250,000 no problem.
Maybe this isnt for you. Take care.
Anyway, not interested at these prices. Good luck.
Davey50, I'm serious! I tried to buy £5,000 worth, but I can't make the purchase on Barclays.
Flava amazing how many times you write you cannot buy when you can easily
Hey it might go to 20p it might go back to 9p that is the ponzi style market now on the flyers. Lots of people desperate for quick bucks will take the risk. I will not
12.60p paid now....but i can't buy anything.
What's the price target here? 66p late 2022
Depends how you look at it. No matter how good the news certain posters on here will not be holding in a hours time but claim a price is going to rocket. Weird how existing holders are selling out so they are not happy with the deal. Me personally will not chase anything that has already spiked up a huge %. They were paying 12p in Road yesterday on similar asset worth more than market cap play today they were selling at 7.5..it's just a ponzi how high will people chase the fundamentals mean absolutely nothing now
Following the announcement on 15 December 2023 that the Company had been exploring the opportunity to create shareholder value through further asset sales, the Company has now agreed a sale of its Europe and Canada assets with GAMB.
Total consideration for the Transaction is up to $42.5 million, with fixed consideration of $37.5 million ("Fixed Consideration"). In addition, the Transaction provides earnout consideration of up to a further $5.0 million based on revenue performance ("Earnout Consideration").
The Revenue and Adjusted EBITDA1 attributable to the Assets for the year ended 31 December 2023 is estimated to be $21.4 million and $6.6 million respectively.
Based on the expected Adjusted EBITDA and Revenue for the year ended 31 December 2023 ("FY23"), as announced on 8 February 2024, the total consideration of $42.5 million represents approximately:
Not really a pump if they've sold assets to a value greater than current mkt cap. Is it?
Er, see above where it says RNS? Jeez
Can anyone tell me what's happening here?
And the first pump and dumper of the LSE has arrived :-))
200% of yesterday mcap....this is going higher here today
I like the bit about returning cash to the shareholders
As I mentioned previously Xlm is so undervalued. The sale of the non core slower moving assets for $35m implies with quite some confidence the us business, which is generating more revenue, and has a much higher growth trajectory could be valued north of $40/50m, so this underpins my confidence that this share is going to 17p and potentially 25p sometime soon!! DYOR obviously nfa
Yep, I’m all out too. Lost a bit but no dramas. Won’t be buying back either. The BOD have decimated SH value here whilst, IMO, looking after themselves. This one doesn’t sit right with me.
GLA.
At 10p, thank you buyers. What a suprise this one is, out with a nice profit. Dont think I will be buying back again, good luck to all