Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
It's clear this is just a never ending horror of a merry go round. Railsbank will be sold, as soon as the gold asset becomes liquid it will be sold and only when all assets are sold will he fold up and say "I tried but it wasn't a success" having pocketed a nice sum then move over to his diamond gig with the Arabs.
Man's a ****ing cretin
Groundhog Day!
I hope not
Yup. Tonight's either gonna come off well or badly regarding IPO imo.
If the railsbank money ain't gone toward IPO then it's lights on money and nothing new here folks
Doesn't help that gold has been bearish for past 12 months and down 12%
Not so clever savings over that period is it
I'm pretty sure Dec IPO won't happen. Not enough been done so far like accounts as slug said. Let's see why the railsbank stake was sold down again. I hope it was to fund IPO work for early next year.
Let's face it. If we don't IPO soon we won't have any railsbank left and will end up with a little value proposition
Won't be on there yet!
He will get them up for sale last week in Nov ;-)
No BB he won't.
It's his duty to get the company back on market, was his duty to not allow it to delist. He would only be putting right the wrong he allowed. No humble pie will be offered here.
Railsbank investment was a fluke luck punt. We are now reliant on it for a decent valuation. Luck. Not planned. So he isn't a genius for that.
Getting this back on the market is the BARE MINIMUM expected from him.
From waiting here.
I do hope we get to trade again at Xmas. Imagine how quick sentiment will change hostile again if we don't.
Claim them?
You already own them. They are in your sipp
Guess we will see if Parry really has Tallys interest at heart over his own. If he does he will keep them in the coffers to help the IPO. If not he will flog and spend on his salary.
Probably already has as part of the latest funding round. We never hear about it till way after the event
I always said if this ever came back it would be in spite of, not because of Parry. Still stand by that. Railsbank was a lucky punt by him, nothing more. Money for a mate. Just happens Verdon can make a success of a company. If the railsbank investment can underpin a decent SP on any return then great. But let's not kid ourselves that this was a massive parry master plan lol.
He got lucky. Maybe we will too.
He has to market it correctly and to the right people. Crypto has a hold on the young, we won't get the majority of them on board with "boring gold"
Targeting the correct people are key, and so far in Tally history they have typically tried to appeal to millennials with the jokey style and attempts to go viral. They are NOT the market for this.
Shame the comments on the article aren't very positive. And they aren't shareholders *****ing but Joe public. Doesn't seem to be a hit, seems crypto is what they want on the whole. Granted it's a small selection of people commenting but out of all of them I think only one was positive.
Also tally only released this week?? Really? I thought we were released and the trial was years ago.
https://news.sky.com/story/revolut-becomes-24bn-tech-giant-as-digital-bank-strikes-softbank-and-tiger-deal-12356172
And we are here trying to get a few million raised. With the correct leadership and a move away from trying to be a currency we could have got so much more traction here.
Honestly I expect slippage into 2022
However at least now we have a list of things that they are working on that need to happen for the IPO to take place, not just "metrics and milestones" so hopefully we can see things being ticked off one by one.
Always makes me laugh the term "professional/sophisticated Investors"
It usually just means pump and dump crews
I do agree
Iv not been one for public bashing on social media, indeed I don't use it. I say my thoughts on here and on the shareholders forum, where they are by and large only going to be seen by other holders. I want to get something out of this, and regardless how useless I think the company has been I'm not gonna put people off using the app. It's the only thing we have to get money back.
That being said, if we have nothing closer to IPO this year, by year end, by all means shout whatever wherever and get the company closed down and end the charade. If we don't pull something this year we aren't going to ever. No company can keep making 20k and placing millions privately to keep lights on.
They are a bit like politicians aren't they?
Don't actually have to be suitable for the role and successful even when failing. They don't get sacked they just get moved about a bit. Then when they are done get a job on a board somewhere.
Not sure that answers your questions but I think it kind of does. They do very little. It's a boys club. Parrys pals. Jogged Ralph off and brought his pal back in.
The only thing that will turn sentiment now is solid events on the road to IPO.
If they actually make solid progress on a listing, demonstrable not just words, then people will start getting on board again. Otherwise I think everyone will just keep smelling the ****e floating around.