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Thread: Snakk

  1. #2221
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    Quote Originally Posted by Balance View Post
    They are the ad agencies. The ones who give the likes of Snakk the small bit jobs.
    Savvy?
    The lifeblood of agencies is marketing services. Especially making TV ads. They own creative shops to produce ads & media shops to place ads. Much like Snakk.
    Those agencies give out $$ because they haven't built internal capability in mobile yet. But their industry is forecasting a downturn in every area but mobile. So where will the growth come from? Sound like potential acquirers to me.
    http://www.theguardian.com/media/201...tphone-tablets

    Either way your original point is to ridicule a $30M valuation for a mobile media company. You made it on the premise that a similar valuation would never apply to a company that makes TV ads. But you're wrong. And dumb stubborn not to admit it. Thousands of companies did ok making TV ads. Hundreds doing good in mobile too.

    So what's your real game here? Trolling the stock for a grudge or depressing the buy price for a bargain? Either way it stinks.

  2. #2222
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    It probably is sea dragon cashing up to add to there other fund raising.

  3. #2223
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    3,461,009/262,862,984 = 1.32%

    This would mean if the seller is holding over 5% a disclosure notice is required, otherwise we can assume the sellers total holdings is under the 5% mark.
    Last edited by ced; 23-01-2014 at 10:47 AM.

  4. #2224
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    Quote Originally Posted by Harvey Specter View Post
    Unlikely to be SEA as they are doing a SPP at the moment, no need for the cash.

    More likely to be DH transfering more to his foundation. That amount should require a disclosure??
    unsure about your Seadragon argument. It makes sense at one level, but at the same time I'm sure Seadragon would rather have (more) cash in bank than have shares whose price fluctuates quite a bit.

  5. #2225
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    Quote Originally Posted by ced View Post
    3,461,009/262,862,984 = 1.32%

    This would mean if the seller is holding over 5% a discloser is required, otherwise we can assume the sellers total holdings is under the 5% mark.
    lets speculate further... Mr Sorensen? (if he's not all out already)

  6. #2226
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    Quote Originally Posted by klid View Post
    Were all these shares traded at 10c?!?!
    all shares traded at 10c
    one step ahead of the herd

  7. #2227
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    Quote Originally Posted by Harvey Specter View Post
    Unlikely to be SEA as they are doing a SPP at the moment, no need for the cash.
    ...........
    No need for the cash?? Who's to say they will get the 2.5 mil from the SPP? They have stated they want out of SNK and wouldn't surprise me if they wanted to sell the lot overnight but couldn't find enough takers at 10c. (hope it was SEA as SPP closes tomorrow and selling now helps take the pressure off )

  8. #2228
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    Quote Originally Posted by 000831 View Post
    Balance, your duck theory and pics make me laugh.

    SNK shareholders are not ducks if those info is correct collected from some posts.

    Assumption:

    1. From company announcement, ASX dual listing by March
    2. Listing Regulation SNK.ASX must be 20c
    3. SNK.NZ shareholders may transfer shares into SNK.ASX

    However, someone said it would be 10c at ASX


    If those three assumptions are not dreams, then SNK.NZ shareholders are not ducks, they are duck feeders. Let them feed the OZ ducks,hahahahaha ~~~~~.

    Huge assumption Ozzies are greater fools?

    Could be share consolidation of 4 to 1 to get 20c by the time HPF and others sell down?

    Notice SeaDragon could not place all their shares last night?

  9. #2229
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    If it was SEA wouldn't we have got a disclosure notice?

    At SEA's last disclosure notice (23/08/13) they had 5.706%.

    If this was their sale it would constitute a movement that puts them under 5%.

  10. #2230
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    Quote Originally Posted by ced View Post
    If it was SEA wouldn't we have got a disclosure notice?

    At SEA's last disclosure notice (23/08/13) they had 5.706%.

    If this was their sale it would constitute a movement that puts them under 5%.
    Nope - they were under 5% threshold after last sell down.

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