Yes another 7% this morning they are definitely on a roll ……our current valuation must been a tiny IPO requirement…£3m or something like that. Come on CP there cannot be anymore excuses.
I think that’s the point he was making in the Q&A regarding abuse online from long suffering shareholders ….it’s actually damaging for potential investors or anyone even looking to open a Tally account… if they went through the history here they probably wouldn’t invest… when todays Tally account and the benefits are a world away from over 5yrs ago when we were Lionsgold….yes CP is still at the helm and he has a lot to prove to existing holders before any kind of trust is restored…. Hopefully the Deccan performance can bring forward the timeline now…I’m sure it’s exceeded even CP’s expectations thus far.
At least Patrick Christie gave Cameron a nice clear intro and outro ..... lets hope more visits to the website translate into new account openings....the longer the bad press coverage about the traditional banking sector continues the better for Tally.
Well I'm glad GB news have him on speed dial.... exposure is exposure ..lets hope they let him do a proper piece on Tally sometime.
Yes Slugmum the amount to IPO has reduced massively from the £8-£12m CP mentioned a few months back.... dare i say its looking as positive as its ever been?
Yep 100% agree Kenco... he may still want a small IPO to appease the pre IPO participants who got in @3p... Hopefully the main IPO could be well in excess of the 4p which was mooted around.. 5p would be a great start IMHO
Hi Free@last... its a company valuation of £30m required for relist on main market... not for IPO... if Deccan keep rising the amount we need to IPO reduces and my my guess its around £5m to raise...which is easier than the 10-12m CP said a few months ago. Id say even CP himself is surprised at the rate of growth of Deccan and as i mention before if our Railsbank holding didn't go belly up would would be cira £30m right now.
You may well be right dealer55..... but the £30m required valuation for relisting has always been the biggest hurdle according to CP so if we reach or surpass that then his wiggle room or excuse book for further delay is severely limited.
He discussed a few months back about probable IPO raise being around £7-12m... now its around £4 or £5m so far easier to achieve... another 10-15% on Deccan and we are down to £2-£3m ... bugger all in banking terms. The rise of Deccan could be used wisely to promote the Pre IPO which is still open as per the Q&A.... he said he ideally wanted another £500k-1m on that..which the rise in Deccan has already surpassed.
Our Deccan holdings have increased 110% in the last 3 months.... CP has really said much about this... i would of thought he would be blowing his own trumpet.