Firering Strategic Minerals: From explorer to producer. Watch the video here.
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Hopefully we can expect some shareholder update.
Its a start....look forward to seeing how this goes. Glad i didnt sell. Holding them till i grow old
What could be interesting is the new website identifies that the RWD business is held within Arcturis Data (UK) Ltd. Accounts to April 21, show that division had a loss of 20M with liabilities of around 30M. There is still Arcturis Holdings Ltd that accounts ending April 21, show a profit after tax of almost 21M and net assets of 82M. Perhaps this is what has been earmarked for divestment.
A fair bit of news to come I think.
This is really a fantastic development. Can’t wait for an update from the rejuvenated company. Thanks init2oneit for the useful research and updates.
Yes my thanks as well. Positive development is most welcome at this time.
Good luck to those who held on here. Whatever the route is to get out of this unlisted situation, I believe we could be close to finding out. My gut feeling is still some kind of buy out by a listed Co that could involve a share deal. This would allow all major shareholders to continue to benefit from future activities. Still no real news from the Co directly, so I guess it’s ‘watch this space ‘ for the moment.
> My gut feeling is still some kind of buy out by a listed Co that could involve a share deal.
If that was the intention, why spend all the effort on re-branding after divestment? Seems to me they may be looking to develop out the new re-focussed venture before doing anything.
That may well be the case. But why hold back. There has been no release of rebranding other than the new website. There has to be more as the website suggests. My view is the the rebranding is all part of a much bigger picture. Time will tell.
Their main accounts are now 3 weeks late at Companies House too. At Companies House the divisional accounts were issued up to Apr 21. With statements included dated Sep 22 from a board meeting. Due diligence or what.
By the way the rebranded Co could still have its own identity within a ‘group’ after a buy out. Think jigsaw.
There has too been no comment anywhere by Huma about their acquisition from Arcturis, only the statement, on what’s left of the Sensyne website. Financial details of this deal maybe interesting.
Completely as a side issue and linking Arcturus Therapeutics with Arcturis Data is tenuous at best on just the basis of similarity of name. . One wonders why Though CSL held off buying outright. . Arcturus have also been on Merck’s radar
https://www.gurufocus.com/news/1540025/biogen-mirati-and-arcturus-reportedly-on-mercks-radar
https://www.evaluate.com/vantage/articles/news/deals-snippets/csl-stops-short-buying-arcturus