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nice thought - but 15p for me - at which point I THEN take a view on what to do - until then being underwater for so long, the temptation at the moment is to get my money back and run - BUT as it is quite a way to 15p (never mind £15) on the journey there it may show things that make me happy to stay!
Nice to see this starting to move - but until it gets to 15 I can't get excited (cos till then I'm still underwater!!)
I can't remember the IPO price, but I do know that I need just over 15p to break even - I'm sure other LTH will be in a similar place
I seemed a bit negative yesterday. Failed to mention though..
Last funding the HNW investors would have known of the CLN and still invested
Since the last RNS's we have had some strong additions to the team (who would have known...)
This is effectively a startup and NORMALLY wouldn't be listed at all so PI's wouldn't get a look in.
Based on all that, do your own research, but I think the upside is stronger than the down - even traders stand to make a good return - based on the fact that those who have seen more than us have been prepared to pay a SIGNIFICANTLY higher amount than the current share price.
With the world as it is at the moment, and various issues in my personal life, I could sure do with seeing an improvement in the fortunes of this share in terms of price. It is depressing to see the falls - had I sold out a while back, I'd have doubled my money - now I'm underwater (though not too much). BUT I keep reminding myself why I put money in here - it was never for a quick profit, rather that I believe in what the company is trying to achieve. I'm HOPING that the lack of Q&A is because the board is too busy with doing things to grow the business - and I'm HOPING that that means we may get some news sooner than we might have done - always risk in a share, and more so in a startup. Hopefully my trust is well placed - we shall see!
It's been a long time coming, but I'm almost 100% up - now trying to decide my strategy! How soon till 1p/2p/whatever?! Oh for a crystal ball - with my track record, bet I sell up the day before the biggest ever rise in history!!!
There are - I think - two ways to take this - one, I'm a trader and want to make a quick buck - well, in that case, probably other shares are better for you than this as the price movement is not easy to predict. Two, I'm an investor who believes in the company and am prepared to tie my money up for 12-18 months - at which point, you probably are going to be happy to buy as the current price is pretty low. There is always risk with any company, and more so with a start up - especially one that costs as much to run as Tintra does. My ONLY concern is that a Q&A was mooted for this month, and there isn't much of the month left! Most missed dates so far have been out of the control of the BOD, this date a lot less so!
Is the job of the board to build the business, or worry about the share price. Remember, this is now a start up business, unusually one with already issued shares. In normal circumstances, the only investors would be the HNW ones who look at the presentation they are given and do due diligence before deciding to invest. The last time this happened was at a similar time to the CLN, so they would have know about it - and still invested at a value much higher than the share price suggests. Since then, we have had high powered team members come on board who will also have done serious research into what they were joining. I'm not a high powered financial expert, nor am I much of a business man - up to each investor to decide what to do - at the moment, I'm sticking with my shares thank you very much!
I've been here since PSL/BOU days too - so I'm still VERY underwater - here's hoping it's finally coming good (for new investors, for me that means almost a 7 bag from here to break even!!). Well, we can hope!!
People seem to forget to take a look at
The team that has been built (and is still building)
The amount of money and the price paid by HNW investors
The aim of many investors on Aim it seems is to make a quick buck and move onto the next share - good luck to them, and at these prices they may manage that here - that however serves to bring the price down with the rinse/repeat actions - however, those who want to invest will (when funds allow) be topping up which reduces the true free float - which means when this does move on news it's going to (hopefully) do so quite quicky!!
I personally hope RS is completely ignoring the shenanigans on the share price and is instead concentrating on building the business. Yes, I wish I'd sold out a while ago so I could buy back in now with twice the number of shares. Yes, I'd like the share price to reflect the faith HNW investors have in the company. BUT actually, I'm invested for what the company have promised to deliver in the future NOT for a quick buck today. I'm in for a significant number of pounds sterling - in fact, a similar level to that declared by Benny.
SteamyWee - that (unless I read it wrong) is about Tintra Acquisitions itself and NOT Tintra PLC. However, my belief is that the financial statement filed is the information required by law and is as full (or as empty) of detail as it needs to be - as I say, no breakdown of any of the assets or liabilities.
I don't claim to be an expert in accounts. So I have no explanation. I choose to put my money here because my research suggests that a strong team has been assembled and that people with more information and knowledge than I believe in the company. I used to own a limited company of my own and I didn't understand the accounts of that!
As I posted in the now deleted thread. Each individual investor must make up their own mind. On the one hand we have TW. On the other we have HNW investors who have put in lots of hard cash AND high powered team members all of whom will have been doing full due diligence. Totally up to you which side to take.
DarkHero - I'd assume "Know you customer" and "Anti Money Laundering".
Hopefully that will help the price to stablise (and recover?) a bit! jigsaw pieces continue to come together. My shares not going anywhere whatever happens short term!
Sharebel - I know you want the price to recover (as do we all) but the RNS clearly states this is to be viewed as a long term investment. RS is tasked with building the business, not with worrying about the daily share price. I'd love the price to go up too, and I'd be very happy if it did it quickly - but I'm also happy to hold for - well, I would say gold, but actually platinum if more likely long term.
I would encourage new investors to read in full the RNS - but for those who don't want to I would highlight these two paragraphs
I would ask and encourage all of our existing and potential shareholders to take the time to understand our mission, to decide if they think we are the right team to deliver on it and whether or not it will be profitable when we do. If the answer to that is no, then of course we're likely not a place for that individual or business to invest. If the answer is yes, then I'd implore them, to share this long-term view.
We are driving a transformative business, one that has buy-in externally from governments, regulators and high-profile investors across the world. Please take a view on our mission and then take a long view on the business
norbua - daily movements will (at the moment) reflect traders doing mini deals and possibly the CLNs being traded. The fundamentals remain - we have high confidence from HNW investors who are happy to put in money at a premium. We have a strong team, recently increased (and again, these people will have done due diligence). we have a roadmap. AND we have the note from RS saying not to focus on day to day movements of the share price - it will be volatile for a while I suspect, but for anyone with money to top up, now is a good time to do that - and as more LTH do this, the available free float continues to reduce, meaning that coil on the spring is being would tighter and tighter.
I'll take that - the wording in the RNS was however specifically days not working days. However, it is logical for it to be the latter.