Each one in plain English, with the numbers worked through for a shareholder.
17 Sept 2018resource reserve update▲ GoodMajor
Shareholders approved the Skåne acquisition and relisting at the 12 September meeting. An Exploration Target (not a resource) of 610-1,200Mt at 0.5-0.8% V2O5 was set for the whole project, and 350-440Mt within granted permits, based on limited historic data.
11 Sept 2018security holder rights change● Neutral
Notice of the 3-for-4 share consolidation tied to the Skåne deal, effective 14 September 2018. Shares fall from about 238m to about 178.5m and options from 25m to 18.75m, with option exercise price rising to about A$0.0267.
20 Aug 2018annual report● Neutral
Preliminary results for the year to 30 June 2018: loss of A$311,091, down 21%, and net tangible assets of 0.98 cents per share versus 1.10 cents. No dividend. Reflects the shell period before the Skåne deal.
10 Aug 2018capital raising announcement▲ GoodMajor
Following strong indicative interest, the company will accept up to A$500k oversubscriptions, lifting the maximum raising for the Skåne deal to A$3m (minimum A$2.5m) at 2.7c per share. A shareholder meeting on 12 September 2018 will vote on the acquisition.
6 Aug 2018other● Neutral
ASX administrative notice re-confirming the company's shares remain suspended after a market announcements platform upgrade. No change in status.
31 July 2018asset acquisition disposition▲ GoodMajor
After a shell period since the platform closed in December 2017, AssembleBay agreed to buy ScandiVanadium, holder of the Skåne Vanadium Project in Sweden (permits mostly still under application). Payment is 56.25m shares plus 112.5m performance shares, with a A$2.5m raising at 2.7c, after a 3-for-4 consolidation. Needs shareholder and ASX approval.
23 Feb 2018security holder rights change● Neutral
Notice that 28,000,000 ordinary shares and 25,000,000 options exercisable at A$0.02 expiring 4 March 2019 will be released from escrow on 12 March 2018. Administrative notice; no new capital is raised.
30 Jan 2018half year report● Neutral
Half-year to 31 December 2017: no revenue and a loss of A$138,940, down from A$255,066 a year earlier. Net tangible assets are 1.05 cents per share. The assembly business is reported as discontinued and the company is evaluating new strategic opportunities.
11 Dec 2017material agreement termination▼ BadMajor
AssembleBay ceased its assembly marketplace and shut the platform and website immediately. About A$48,000 of marketing failed to build a viable marketplace. It will seek a new acquisition needing shareholder approval and ASX re-admission, with shares suspended meanwhile; if shareholders reject, it proposes to wind up and return assets.
29 Sept 2017production update● Neutral
Placeholder
29 Sept 2017annual report● Neutral
Placeholder
29 Sept 2017annual report● Neutral
Appendix 4G for the year to 30 June 2017, lodged with the annual report. It says the corporate governance statement is on pages 44-52 and is current to 28 September 2017. No new business information.
5 Sept 2017production update● Neutral
Placeholder
5 Sept 2017other● NeutralMajor
Placeholder
5 Sept 2017annual report● Neutral
Placeholder
28 July 2017regulatory community update▼ BadMajor
After reviewing the business, AssembleBay will keep a limited SEO and AdWords program at A$5,000-15,000 a month. ASX says shares stay suspended until it is satisfied operations are appropriate. The company will also keep evaluating acquisitions.
26 May 2017material agreement termination▼ BadMajor
The proposed SaaS acquisition has ended: the parties withdrew and the A$445,242 loan has been repaid. This resolves the April 2017 suspension's pending acquisition, though shares stay suspended and the company is left with its small marketplace business.
3 May 2017regulatory community update● Neutral
Replying to an ASX aware query, the company discloses the suspension's target is a SaaS business, which received unsecured loans totalling A$445,242 since 27 February 2017. It says the loan was not material and it complies with Listing Rule 3.1.
21 Apr 2017regulatory community update▼ Bad
Reply to ASX's 13 April query on marketing. Leaflets to 500,000 Perth households produced no completed jobs; AdWords, Bing, SEO and social media raised traffic but not at a cost the company saw as viable for critical mass. Text is truncated.
18 Apr 2017listing compliance notice● Neutral
AssembleBay asks to extend the voluntary suspension until the material acquisition announcement, now expected before trading on 26 April 2017. No target or terms disclosed.
12 Apr 2017listing compliance notice● NeutralMajor
Shares suspended at the company's request on 12 April 2017 pending an announcement of a material acquisition, expected before trading on 18 April. Details of the target are not given, and it follows the October 2016 admission that competition was raising costs.
22 Feb 2017other● Neutral
Notice that 4,750,000 ordinary shares will be released from escrow on 4 March 2017. This is the 12-month escrow on shares from the March 2016 relisting; administrative only.
13 Feb 2017half year report▼ Bad
Half-year to 31 December 2016: loss A$255,066, up from A$115,031 a year earlier. The company says competition has raised marketing costs and it is assessing the impact on its business model, and is also seeking out opportunities (text cut off).
26 Oct 2016annual report● Neutral
Annual report for year to 30 June 2016, with the same directors' report and results as the earlier accounts plus governance statement and ASX shareholder information. Text is truncated, so nothing new is visible.
26 Oct 2016other● Neutral
Appendix 4G confirming the corporate governance statement sits on pages 50-58 of the annual report. Administrative filing with no new commercial or financial information.
19 Oct 2016regulatory community update▼ BadMajor
Market update: over 1,750 clients and workers have signed up, with job quotes exceeding A$150,000, but cost per signup remains high. Management says rising competition has lifted marketing costs, a shift from earlier upbeat marketing updates.
9 Sept 2016annual report● Neutral
Full-year statutory accounts to 30 June 2016, repeating the preliminary results. Directors listed are Robertson, Gilfillan and Davide Defendi, who replaced Dougal Ferguson on 4 March 2016. Text is truncated, so no new figures beyond the preliminary report.
31 Aug 2016annual report● Neutral
Preliminary results for year to 30 June 2016: revenue A$21,438 (from A$212) and net loss A$607,831 (from A$45,239). These are the first revenue figures since the AssembleBay acquisition and relisting; the amounts remain very small.
31 May 2016regulatory community update● Neutral
Marketing update says the first phase of flyer promotions in Perth is done and Google Adwords results are improving. A digital marketing consultant has been appointed, and flyers to about 500,000 WA households are planned for June. No user or revenue numbers.
8 Apr 2016regulatory community update● Neutral
AssembleBay launched a national marketing campaign: paid promoters handing out flyers at a Perth homeware retailer, Google Adwords and social media ads. The website is also moving to a dedicated server. No user numbers or revenue given.
