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Happy to hold and add :-)
Sng and tils seem to have the same trajectory In the last couple of weeks ...
Pullbacks to 160 before going back up again ?
Let's wait and see
Whimax....happy to wait for the mother of all rns....like I said...the bod are more interested in their driving their other products....the placing contradicts a my view on a sell of stem.....however slight concern with how the sp has fallen last number of sessions. But happy to hold.
Rickmeister, a Demerger doesn’t put any money in the biscuit tin, unless there is an IPO attached to it (which I hope will not be needed now). A sale does, but investors will also feel entitled to a chunk of that by way of a dividend.
The placing was great, at a great price imo. The only bit they appear to have got slightly wrong, is that their timing seems a little “out” with the follow up news. I doubt they will have got it drastically wrong tho, so expect news very soon.
Please explain to me if we are expecting a sale or demerger and from either of these a sizeable chunk of money coming into TILS, why on earther did they decide a placing was necessary-can't of been that hard up for cash. Was it hubris, or bad advice?
Y-alam.
“ Hi City....I would agree that they are in discussions to sell stem...hence the delay October November.”
This is not a delay imo. Whether IPO, RTO, sale, or anything else, is was ALWAYS going to take till October/November at the earliest for this to run it’s course. The delay (if we want to call it that) is that most expected to see a Vote and/or Cut Off date RNS by now.
I said yesterday, that imo, the reason we have not had this yet is because there are other ducks being lined up (which are not StemPrintER related) which are taking longer than the BoD expected, to finalise. I fully expect the mother of all RNS’s to come out on or immediately after the cut off date which pale the StemPrinteER part of the business into insignificance, and not only “shore up” the remaining TILS Share Price, but propel it to a whole new level.
These things take time but I’m happy to wait for them/it.
TradePhoenix... seems most likely. Let's hope the price is good !!
Hi City....I would agree that they are in discussions to sell stem...hence the delay October November...if discussions fail they will demerg. Imo they are more interested in protecting and driving their other assests.
Agreed. Believe radio silence could be down to negotiations to sell.
Having said that, this isn’t just about StemPrintER. StemPrintER is part of this scenario but there is a much bigger game being played out here, in the short term imo.
We still need to vote on Stem printer. There should be no delay to the vote. But so far nothing. My guess is they are in discussion to sell it. Remember they have
5 yes 5 NDAs0
It’s time for some action and less talking
Very exciting times but it’s like they are playing all the right notes just not in the right order
Time to be patient but my paper profits have vanished just about
I tend to agree unfortunately. I think the PR machine went into overdrive just a bit too quickly and StemPrintER has taken longer to “organise” than the BoD anticipated, meaning it couldn’t be sustained. You’d like to think that they are nearly there now tho (wherever there is) and will hit us with solid news over the next few days.
I expect the Placees are less than amused either, which will work in PI’s favour on this occasion.
The Board need to employ some decent Corporate Advisors in my opinion. They have promised things on conference calls that were just plain wrong, and they have committed to things on StemprintER that were not realistic or possible. This may have been a good tactic to get the share price up for the placing but it's annoyed quite a few people.
Agree from a sentiment pov, the recent actions have been a huge c ock up.
Pumping up the companies SP through Redchip PR then dropping a huge placing.
Green. Can't agree and I have been on the Board of a mid sized co. 18% down in US and 25% down in UK since 2 actions by the BoD, share ratio change and placing. Bet the FD and his advisers are keeping a very low profile. Other ways of raising money, if you have a good product, than dilution. It will recover but this looks like a self inflicted wound.
It's a great quid pro quo... two week hiccup on share price for two ii's and 50 mn in the bank to expedite the speed of getting your portfolio of devs progressed...would take that trade off every time...
@Rick.....As you will know, the majority of placings that are conduducted below current s.p will create a reduction in Mcap due to 'equalization'.
The Mcap will not influence the day to day running of a business, so if you believe in the company the Mcap should return to it's previous levels.
TILS and SNG now have identical mcaps. Whilst I like both companies and am invested in both I still think TILS has the better and wider product line. Hoping this is just a blip but don't think the BoD have played their hand well recently. Might have raise £45m with an unexpected rights issue but hit the mcap for £85+m. Not a good quid pro quo.
The message is sit it out.
Add if you can
£50m cash in the bank
StemPrintER Est Value £250m
Everything Else - virtually free