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Matrix Park is within Buckshaw Village .... so its absolutely the same address ! As Gold points out ... cant be 2 x 9 Western Aves ... with the identical postcode .... can you imagine the chaos if there were !!
Im with Jimmy ... PTTB !!
GLA .... 🙏🤞👍
Well, baaj ,( turned inthestyle) round from £6mill loses to over £1mill profit,
but remember, the loses where covid time.
so,
% growth is fantastic,
wonder % growth with bodycare, after covid ? and expantion,
obviously if bodycare is rto.
if it is bodycare, rto, i will be very tempted to let 50% of my holdings ride for a couple of years may be, as they are in my isa ,
and if timing right a lot of new investors my also tuck a few away in the coming isa tax year.
a lot of ifs, but one has to think.
gla
Only 52 million shares and many in very tight hands for lift off - well over 2p no problem .
We need to be in quick before the heard sees that it back on .
It's the same postcode so same address.
Is it 🤩😁 or 😰😭 , I’m 🙏🏽for blast off🚀 🤙🏻.
But tellingly they are exactly the same postcode….
1, is on matrix park, number 9 could be unit number on lancashire western ave,
2, is a house number 9 on western avenue , chorley, in lancashire.
leyland and chorley are two different towns , in lancashire.
profit to the brave.
Appreciate I’ve outlined this before , however this address as changed in Oct ‘23 is also exactly that of Bodycare … albeit a subtle ‘sleight of hand’ to throw people off the scent !!! See if you can spot it !?
ITSARM PLC
Company number 13245400
Registered office address changed from 9 Western Avenue, Matrix Park, Leyland, Lancashire Western Avenue Buckshaw Village Chorley PR7 7NB England to 9 Western Avenue Buckshaw Village Chorley Lancashire PR7 7NB on 9 October 2023
A new daily file is added each morning over a 5-day period (Tuesday to Saturday). Each file contains the accounts data registered on the previous day. A new monthly file is added within 5 days of the end of the previous month.
I am both looking forward to and dreading Monday morning. It's pathetic that a small red dot can carry so much hope and potentially despair.
Anyway, let's hope for updated accounts etc swiftly followed by a second RNS stating it's AIM Rule 14. Might not be rockets here but I do think if it happens then the sp will do well even just off the back of the herd's curiosity. That collective interest may be short lived but I'm keen to see how this whole thing plays out further down the track.
It’s not complicated at all, you’re joining non-existent (and irrelevant) dots. ITS either goes pop on Wednesday or it enters into an RtO transaction. That’s it.
So if the company is wound up can that remaining pot of cash be divvied out to cover Zeus’s fees? I mean if ITS no longer exists after March 27th how will Zeus get their money? All so confusing and complicated. Never mind, all will become more clear very soon.
I agree with your first sentence. Your second makes no sense to me. What are you saying? There's no mystery surrounding the Sept share issue, it's all in the RNS:
"Itsarm plc (the "Company") is pleased to announce the appointment of Zeus Capital Limited as its Nominated Adviser and Sole Broker, with immediate effect.
The Company also announces the issue of 1,630,612 ordinary shares of 0.25p each in the Company ("Ordinary Shares") in lieu of payment of certain creditors to conserve cash within the business."
Well if there is anything planned they must have it all lined up by now as there are only another two and a half business days to release news in before ITS is forced out of existence. Those share registrations could simply be to take out the cash to pay Zeus before the deadline. I think that might be why there has been a little activity at Company House. I’m dreaming of what an RNS might reveal…
Bodycare is just the trading name of GR & MM Blackledge PLC. Which in turn is owned by JDS50 Ltd, a Jas Singh company. Jas Singh is the man behind Baaj Capital LLP.
Latest available accounts for Blackledge are 2022 - turnover of ca 200 million, and a small loss in that year. I would imagine 2023 saw increased turnover and profit.
What’s the current, or 2023 mcap for Bodycare?
Also depends upon any further share issue that may or may not occur.
What might be the structured deal for an RTO.
Too many what ifs to predict market sentiment. I would suggest, if the Bodycare deal happens there will be several days during which forward-looking value wil be determined.
If it happens…
It all depends if there is a compelling RTO story, and if so, what it’s priced at. We’ll find out soon enough .
When you look at the full pic,
baaj capital are playing a blinder,
they have took inthestyle, rto via iconic, turned it round,£6m loses to £1m profit,
they have took, bodycare, poss, rto, itsarm,( whats left of inthestyle)
poss, plc, bodycare,
took, twentytwenty digital ,
so if all comes as expected, investers will pile in as its baaj capital growth we are investing in really.
data is a big part to growth in the tech world we live in, and baaj has it comeing out of there ears.
a lot of if's, but looks like it could be .
gla
profit to the brave.
So PAS, Buda and Jimmy and any others holding here, let's imagine there is news of an rto and ITS is unsuspended, do you think the herd will descend once more here and subject the sp to crazy levels again? Last time it went to over 4p I think. I know it will depend on what detail is released concerning the rto but could it just possibly do something similar again?
Https://find-and-update.company-information.service.gov.uk/company/13245400/filing-history
The above should though and like you say it was filed yesterday.
None of these links work guys 🤷🏽♂️
…. was filed today also …. Would you bother filing that if you were about to let it fall off the register ?
21 Mar 2024 Confirmation statement made on 3 March 2024 with updates
View PDF Confirmation statement made on 3 March 2024 with updates - link opens in a new window - 4 pages
(4 pages)
Buda - you think Zeus will dump these 1,630,612 ordinary shares of 0.25p each as soon as this starts trading again?
If the opening price is where we left off they only stand to get about £12k which isn't very much in the way of their usual fees i'd have thought. Or will the hold off until it's more like 5p and they get more like over £80k? Still doesn't seem very much for one of these big pro outfits...
Nice to see some movement