Is Net Element efficiently growing its dividend?
Net Element does not have a long track record of dividend growth. In the past three months, Net Element insiders have not sold or bought any company stock. 13.20% of the stock of Net Element is held by insiders. A high percentage of insider ownership can be a sign of company health. Only 21.57% of the stock of Net Element is held by institutions.
Is $80 the post-merger price for Nete?
$NETE If indeed $80 is the post-merger price and exchange rate 8:1, the current share price is $10.13 has a room to descent more. $NETE just saw this posted on Twitter, not sure if this is confirmed but she says the announcement will come Tuesday:
Is $Nete awaiting buy signal on Nete?
$NETE Awaiting Buy signal on NETE. $NETE I meant they are now ready to announce the results of the vote, not “not”. $NETE as I predicted earlier is what exactly happened. wolberg has now fully exited his position as did the entire c suite and rest of the directors.
Is NETE a good investment?
If you are looking for stocks with good return, Net Element Inc. stock can be a bad, high-risk 1-year investment option. Net Element Inc. real time quote is equal to 10.080 USD at 2022-06-01, but your current investment may be devalued in the future.
What happened to Net Element?
Shareholders of Net Element (NASDAQ:NETE) have approved the merger with Mullen Technologies and we expect the deal to close shortly. A capital raise is the final condition for the merger and we believe the receipt of the cash will determine the merger date.
What does Net Element do?
Net Element (Nasdaq: NETE) is a global technology-driven group specializing in mobile payments and value-added transactional services. The company owns and operates a global mobile payments and transaction processing provider, TOT Group, Inc. (“TOT Group”).
Is NETE a SPAC?
As a refresher, Mullen Technologies had entered into a definitive agreement (DA) to merge with the SPAC Net Element (NETE) back in August 2020. While the DA was expected to close by Q3 2020, Mullen and Net Element extended the deadline for closing their business combination agreement to the 31st of March 2021.
What is a reverse merger deal?
A reverse merger occurs when a smaller, private company acquires a larger, publicly listed company. Also known as a reverse takeover, the “reverse” term refers to the uncommon process of a smaller company acquiring a larger one.
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About Net Element
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Golden Star Signal
Net Element, Inc., a global payments-as-a-service company, operates as a technology provider with an integrated mobile and transactional services platform serving emerging market clients. It operates through North America Transaction Solutions, Mobile Solutions, and Online Solutions segments.
About NETE
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Stats
Mullen Automotive Inc. operates as an electric car company. It develops electric vehicles and energy solutions. The company was founded by David Michery in 2014 and is headquartered in Brea, California.