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Anthony was told by who and who did Anthony tell?
Surely they would not of mentioned buyback if they knew they couldn't?
Anyone know?
Anyhow this drifting from neglect now??
Anthony told that they are in a closing period and not permitted to purchase stock.
Is anyone in this forum more knowledgeable on this subject matter?
Since I'm wondering how the hell they are in closing period for the past six month then.
How do other companies manage buy backs?
Sells still outnumbering buys.
We may get an announcement that they have an irresistible opportunity to throw some seedcorn at some obscure company with potential many years down the line
Hmmm, if they're currently buying back, they're doing it in such small amounts as to be imperceptible! Not long until the end of March. TBH the way it's been going lately, I'm expecting an RNS something along the lines of "due to unforeseen circumstances we've postponed/cancelled the announced buy back". Such a shame as ANIC has so much potential as a company.
Looks like my call was right "on time"
Surely the benign share price is because none of the companies in the portfolio have gone properly commercial. Hopefully they will start to go commercial in the coming years gradually growing the SP.
Probably get tan over by Blunalu at this rate. Another day another British company bought by America and the government come up with a 5k buy British ISA! Ther won’t be anything British left to put in it
Hopefully we'll see finally promised share buybacks shortly. It could lift current depressed sp and break that downward trend.
I am 100% behind the idea of ANIC, e.g investing in CellAG and PrecFerm companies. There is no doubt in my mid that these two markets are offering tremendous future potential.
However, there is a more general lack of communication and clarification from both ANIC and the industry as a whole. Anyhow I hope things do turn around and we look back in 5 years from the top deck of our yachts!.
I was looking at ANIC as an investment but the consultancy agreement with Shellbay is putting me off. I don't understand why the company had to pay around £3.5m in cash and shares. Last year the figure was nearly £5m. This is totally off-putting to potential investors. How can the directors justify such high fees being paid out each year?
Same here I'd top up but based on what. Jim was great when selling his book and anic got a bit of traction then....but after that he set up his share and money printing machine and plugged it into anic and drained the life out of it..
Would like to share your optimism, but based on what? Holding since 2021 and have only seen a continuous decline without any proactive engagement with sh or market in general.
Regardless I've just topped up at this imo ridiculously low sp.
Does not seem to have an impact on ANIC though. No news, no progress and a newsletter as an RNS..
Hopeless really
Https://scitechdaily.com/breakthrough-could-reduce-cultivated-meat-production-costs-by-up-to-90/
Yes this exactly. It needs to be looked at again. This and his new agrarian he started up. It's not in our interests and it's now a bit of a pee take. Maybe he can explain in a Q&A...
Afternoon,dominicus. only just seen your post as i'm not currently invested here and don't follow the board on a daily basis.my reference to institutional investors was simply in response to an earlier post referencing the perceived need for further investment in anic.i did think it actually referred to institutional investors,but i can't find the post in question now, so perhaps it was simply my interpretation.anyway,my point was simply that,imo,institutions might well find the shellbay aspect off-putting. as you say, there is a certain level of opacity which makes it difficult to assess and as I've mentioned before the New Agrarian aspect is also a tad unclear.do the private investors benefit from shellbay's advice etc, for which the public investors in anic pay the fees? im not suggesting that is the case, as i simply do not know, but it is an aspect which might concern potential investors. as i say im not currently invested (i have been in the past) and i hope it works out for those who are.
Hi,
Generally this is done after the purchase is complete
@The.Italian what do you mean by "IIs"?
The Shellbay issue is well known. Actually this blog post did two through analysis. Don't get me wrong, I'm not a fan of the fee structure and think there should be at least some more details released in terms of what exactly was charged within a certain period of time. To say, "well this is what you buy into" would be too easy, since the fee structure got a major update in 2021. This update made the High Water Mark Model independent from the actual share price.
the author has two posts.
https://theoakbloke.substack.com/p/a-nicking-from-private-investors
BMB5DJO TBH --- I haven't read up it again. So not sure anymore what exactly is the case.
Problem for potential IIs who might otherwise be interested is,imo,the shellbay aspect.they may well feel that it is a mechanism for extracting value from the company in a way that is not exactly beneficial for the shareholders.
Ah ok, I figured the RNS would come the day after the trades. Hadn’t appreciated it was a pre-trade announcement. Thanks for clarifying
@BMB5DJO
From what I understand, their should be an RNS and direction approval before they execute. Isn't it?
Lots of large trades today. Could this be the start of the buy back??
Sometimes wonder if we should go all in helping a couple of the fermentation companies get to full production and PR. Think we could do with a Q@A session with the man where they don't cherry pick the questions. This can still be a major stock to hold but needs new investors.