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No idea rejucht.... i hope is because they are over run with applications but that's the first I've heard of it.. e mail Kris @ Tally he should be able to help
Let’s see how next weeks Q&A goes
Agreed dj...everything CP says has to be taken with a shovel load of salt... but if deccan keeps performing his book of excuses is running thin. Once "self funding" status is reached in Mach 2024 and Deccan lock in period ends... what's his next excuse that's even slightly plausible??.. i think at that point if nothing concrete is RNS's we as shareholders have to look at a legal route to force his hand..either relist or dissolve!
Deccan back up 5% @ 127.65....would be nice to see a breakout above 130 and settle above that... 150 would be amazing for Tally!
Spot on Boltaphil..... With all the below... has there ever been a better time to go for relisting and IPO????
App seems to be ok for me Chimers
I’m pretty sure generally there are no IPO lock ins….but a company could surely make a mandatory lock in period as part of the IPO as part of the prospectus so it’s literally down to each and every company how they want to approach it…which is then obviously down to how they see the company performing in the 6-12m timeframe after the IPO… if I was CP expecting what he’s expecting with regards to x10 IPO price within 3 years…I’d be preparing a buy back if long term holders want out on relisting…. It’s a win win for him in that regard
That’s odd….now showing-2.5%?
Oh well
It’s getting quite funny….getting up looking at the SP for a company Tally have 14m shares in.. so now it’s 134.36 up another 5% overnight… I don’t think CP has ever done such a great investment in his life…. Waking up every morning seeing 1000’s added to the bottom line.
So the IPO which was once required to raise £10-£12m now needs about 5 quid!
…. In fact I don’t think we need anything we are over the £30m
I'm sure CP said a while back he wanted the IPO to be at least 4p if not higher... but Deccan has changed the horizon for us in a positive way so it may well be 5 or 6p.
Id love to know what made CP accept shares in Deccan for the mine sale??? Shrewd business man or a little insight from the Deccan board saying hang on to this sunshine and you will be thankful??? Either way its put us in a great position... 6 moths ago we needed £10-£12m..... now we don't!
Its been so long to get here I've literally written off my 235k... if there is a credible business plan to partner up with other financial companies id be in no hurry to dump these if I'm honest... Remember CP had said its his intentions to ten fold the IPO price within 3 years... yes yes all sounds good i hear everyone saying but words are cheap... but just think how much he has personally got to benefit if that's achieved ????
If i was CP expecting a massive sell off from long term holders id be planning a huge buy back of the shares... with a Mcap of £30+m im sure he could borrow say £5m .... wait for the sell of and inevitable price drop say 30-40%... swallow them up and few weeks later he is quids in!
Im sure its more complicated than that with many backdoor investors wanting in on the cheap but that's the nuts & bolts of it.
We are locked in until next spring with Deccan but its asset value still counts towards are bottom line which is all we need to reach the £30m.... a tiny IPO will give us instant cash. He could make the IPO sound super enticing added Deccans performance & the "self funding" status is just around he corner.... Honesty there is sweet FA to stop him IPOing right now... except his small genitals!
I wouldn’t put it past him dealer….