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The reality is it doesnt matter what any of us think at the moment - the share is suspended so we cannot deal. Now personally I take that as a good thing - the company can get on doing what they do without the distraction of the share price. I take the view that the HNW investors will have evaluated the business and decided it's a good one. That the team assembled will have done due diligence and also decided it's a go-er. And that the paying back of the CLN was a positive thing. Adding all the things I think are behind the company, I think this is a good prospect. Others may add things differently and that is their call - my post about my target was so that IF I do decide to sell half or more of my shares on the up, investors here will know the reason for at least one sell trade!
My initial target is not far north of where we hit just prior to the CLN RNS. IF we hit that target, I will probably sell half my holding - as doing that will pay off my mortgage, get me a new Kitchen, and give me some spare cash. That level is (in my opinion) achievable quite quickly with the right news - which I suspect will be along soon enough. Nice to be in a suspended state at the moment - allows the team to manage the business and not worry about day to day movements and comments on them (NOT that I think they worry too much about such things). Onwards and upwards!
Time2Buy - here's hoping - if it "shoots" up to 4 p it's only got another 12p to go for me to break even! Which I HOPE means LOTS of bagging for new comers - and I'll be seriously tempted to sell at break even as I've been down for so long.
Lse apparently show 1 trade today - in a suspended share!
MORWENATRELAWNE - heres hoping he's finally right - I'm in the same boat, so need around that price to just break even!!
Latino - with no timescale - unless you actually bother to read the RNS of course, then you get a timescale! I suspect the BOD will be very happy when we are suspended as it will stop the focus on the daily movement of the share price!
SMorris1986 - in answer to your question, read todays RNS - IF you believe in the company as so many others do, this is an opportunity to buy in at a bargain basement price. Which as you are posting so regularly on a share you tell others to avoid, suggests to me you agree with and want in - otherwise why keep posting on a share you don't own?!
SMorris1986 - You've made your point - I don't agree with it, but it's your view. I've been in many shares suspended due to accounts issues - it's nothing to worry about as it is external to the company - the accounts exist, and the AGM is tomorrow. It is very easy - if you believe in the company, then now is a good time to buy as you are getting a price MUCH lower than we had just prior to the CLN. This assumes you are prepared to hold for a time. IF you want a get rich quick share, then there are many priced sub ours which MIGHT fit that bill, so go with them. I'm in here for a significant portion of my total holdings and I have no intention of selling anywhere below at least £4. My ideal target is far in excess of that, BUT that is my first target. Which personally I think is achievable.
To further clarify, if a message is deleted, all replies to that message also go as their thread has gone!
Posts can be reported for all sorts of reasons, but I would say some of the comments made yesterday did seem to be potentially libellous - people sometimes forget that libel laws exist!
At this price I couldn't resist, so sold out of one of my other shares to top up and average down here. But as always it proves you can't believe the buy/sell flag - the trade of 6938 shares showing as a sell is my buy. It does mean I've lowered my initial target, though I have much less likelihood of selling at that target. As always DYOR but for me this now represents very good value IF you want to buy and hold - assume for at least a year. If you want to trade, this price still offers good potential, but perhaps not until after the accounts have been audited. That said, you may then be in a buying market (but that still gives good trade potential I guess!!)
Those who are brave will sell now, knowing that with no news this will potentially fall lower - and if it starts going up again they can buy back without having lost much. Personally, I believe the job of a BOD is to build a company - NOT to focus on day to day movements of the share price. The BOD have (in my opinion) proved they are doing that. I'm not brave enough to sell on the chance of buying back in with more - my target remains at a level WAY above current value. Each to their own, but if you do your research it may suggest this is a price worth buying in at.
View it as you wish - for me, dangerous to leave it too long if you want to get in at bargain basement - suspension will only happen IF the audited reports aren't available, and then only till they are. I can see many LTH topping up at these levels.
We are in a position at the moment where traders should be able to make a decent return - which will cause the share price to remain in a bit of a ping-pong state - BUT there will be some who are taking the opportunity to increase their position. Sadly not me, I have always said only invest what you can afford to lose and I've reached that level across my entire portfolio. OTHERWISE I would be topping up - I have seen NOTHING to suggest that things are not progressing, nor have I any reason to question the direction the BOD are taking the company - there will be blips along the way, but I am confident that we will all see a good return in the medium term, no matter what your notional entry price is.
To get accounts done for a limited company is a pain - I had one, but mine didn't need to be audited. The requirements for audited accounts are (I believe) cumbersome and fewer and fewer companies are doing them - resulting in a bottle neck. This is totally outside of Tintra's control (as it clearly says in the RNS). I wish I had more money to invest because the current price is WAY too low.
The spread suggests to me that the MMs are trying to acquire shares - remember how low the free float is here. I would also refer you to the date of the CLN RNS - you will see that the same day we had a funding RNS which suggests (to me) that our HNW investors were not worried about the CLN. We know we have been in discussion with other HNW investors, so I think watching the news here will prove interesting!
This is effectively a start up company - the sort of company PI's would not normally get a chance to invest in. As such, it has risk associated with it- but it certainly has the possibility of a good reward. We know we have some HNW investors on board who will have done lots of research and been party to information PI's won't have (imho). We know we have a strong team. And we know there are plans to trade shares actively in the US where investors tend to be more forward viewing in their investment choices. I have a friend who was able to get into Tesla in the early days - he is rather wealthy now. My initial target for Tintra is just over £8 - and we were heading in that direction before the CLN was announced. As always DYOR but even day traders should stand to make a quick profit - those who choose to invest will (imho) make a very decent return from this level.
I'm a little surprised at the level of the fall - placing at a price higher than Fridays close, where it is (I assume) reasonable to assume that the investors for the placing shares are expecting to make money - as someone in since before CIZ existed I'm certainly seriously underwater so would want an improvement, but I personally think this is now oversold - such that even those wanting to make a quick buck SHOULD see that happen in the reasonably short term - for those needing a 10 bag from here to break even, well, maybe not so soon!!
Occam - no one mentioned NASDAQ - we do however have a listing on OTCQB BUT it isn't being actively traded - I'm not sure of the ins and outs but the webinar referred to this listing.
There are two ways of reading the RNS - one, the blinkered one, funds not received - so that means won't be received. Two, the full read where lots of strands of the business are progressing nicely, and although not finalised when expected the investment is still on the cards. Take whichever view you like - we've seen today a sharp fall in share value culminating in buying activity - if you plan to hold for at least six months, current prices are probably good ones to get in at - as always, DYOR.