Ide Hldgs Share Price (IDE)

They put the cost of remaining listed as about £0.3m a year they said for MXC, so there are potential savings there.

The reason they said really the only main reason to remain listed was access to capital. So I guess keeps the door open for further fundraising.

It’s just my own thoughts. Is there really anything they can’t do as a private company? Acquisitions and such may be supported by Mxc - they’ve thrown cash into it so far, kept things ‘inside’.
I just suspect that’s where it may be heading, is all.
Truth is, I don’t know, do I, no more than anybody else.

Tbh you can say the same about half the small cap market listings re why are they listed. Listing continues to make sense if the company looks for acquisitions (which was mentioned a while back or there is a RTO).

And, as I’ve mentioned before, I can’t see any reason why this should remain listed.

30th. September 2021
https://www.lse.co.uk/rns/IDE/half-year-report-1l0zegs1hmhggu5.html

It seems hard to square that summary and outlook with the reality of the situation as reported, or going unmentioned - talk of EBITDA whilst interest payments are rolling up, and the amount of time being taken to agree something on the loan notes amongst the few interested parties. And we have the strange taking of a loan, not repaid to MXC ( executive director Smith’s own investment vehicle )by the expected date for whatever reason, and they, Smith if you like, simply say

https://www.lse.co.uk/rns/IDE/related-party-short-term-loan-update-j0uynhgb7hmbnld.html
Only mention of Mxc looking to convert to equity in that one, and more to convert from the loan. If it continues like that, probably requiring FCA consent without a bid, it’ll be approaching private company status sort of thing.

It’s all a bit rum, I think - but I’ve sort of convinced myself Mxc have something in mind for Ide.