Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Your daughter must now be regretting it after today’s exceptional results and SP move!
Good to see this pass £1. Should fly now over the coming weeks.
Monteacute - did you get filled here? You did well to buy at 37p before!
This is now a very strong buy. Fundamentals looking brilliant, and to back up looks like a Cup & handle may be forming with moving averages looking tidy. I think we'll hit 100p soon and then could head to 140p.
We don’t know the full story yet. There could well be some lining of pockets as you suggest, but at the same time I’d be quite content if this turns out to be a multi bagger. Not personally going to jump to any conclusions until we have all the facts.
I agree with you that ASLR is a good buy right now, but you’ve got the mesh part wrong. While the AAA offer was 500m AAA shares, there was a mesh announcement (go to the mesh web site) suggesting that it was 1:1 for mesh shareholders.
Given this, I think for now (referencing the AAA raise at 80p) it is sensible to value each of your mesh shares at 80p conservatively.
As I stated before, Chris Akers has a target of 125p for AAA this year alone, and I think it’s very fair to assume the £150m placing investors are looking for a handsome return!
I expect ASLR to rise as the penny drops, too…
As Bandstand says, it appears to be all part of the plan.
For now I value my Mesh shares at minimum 80p based on placing. Remember Akers has a 125p short term target for AAA (and therefore mesh) and I doubt that has been plucked out of the air.
Superb news. Don’t let them green over this, folks!
Great first post. Welcome!
I’m aware of this podcast and it seems to have a very strong following.
Great to see the Zoetic & Chill PR machines whirring into motion.
There are a few posters on here who you may wish to filter, but most on here are genuine Zoetic investors thankfully.
Tick tock! (c) Hopeful Dave 2020
John has not been selling shares here.
It’s disappointing that some have posted misinformation, but good to see that others have kindly corrected it.
The recent RNSs show that the company is in better shape than ever, and with Chill.com now owned by them it’s yet another asset to the business.
I expect this to be trading a lot higher over time as this strong level of news flow continues. Also 3 out of 4 of my friends who have now tried the smokes loved them. It’s great to see that first hand for me as an investor.
Would I like more than 1:1? Of course.
However, with AAA raising at 80p this week Mesh holders should still be richly rewarded.
Every AAA raise has been followed by a price increase, so I am expecting each AAA share to be worth a lot more than 80p or what was the point in the investors putting their money in? The directors seem to know what they are doing (understatement!).
In conclusion I don’t think it is especially unreasonable to value each Mesh/AAA share at £1 for now (or minimum 80p), but considerably higher is entirely possible depending on what exactly they have planned.
I have seen rumours of a NASDAQ listing being posted online either here or ADVFNn. Anyone care to shed any light on this?
Yes maybe. But the other investments are described as only worth 2p a share, so I don’t personally find that side of it very exciting.
Craigy I don’t post much here while the green mob are out in force (but they will move on once they’re assigned another task, believe me), but I believe you to be correct in the suggestion that Zoetic wouldn’t move to quarterly reporting if they didn’t believe the starting pistol for explosive growth had been fired.
I am looking forward to a positive update with good forward projections in the next RNS, plus we can all look forward to the wider UK chill launch. Based on the reactions at the recent launch party (at which some key shareholders were present), these products are likely to go down a storm in the UK.
Currently this share is at bargain basement prices in my opinion, so we should enjoy while we can!
BD.
Just speculating because of the value offered and the discount due to the pandemic. Looks like we’re sustaining some nice momentum here now.
Craigy... I was highlighting that it wasn't possible to buy 500k shares at published ask. It’s normally 10p over ask for this quantity in the past, and the same is true today with a dummy buy.
Maybe we have. What I do know is that I cannot agree with the posts earlier from Carey regarding how many you could buy earlier at published, and it’s currently 60p to buy 500k shares.
It has been a long wait but great to see us push back into the 90s this morning. While it was clear for a while, I don’t think the market wanted to touch this simply due to the perceived sector.
Now the results further show to those who don’t understand that Air Partner was able to benefit from Covid in some areas of its business, but will also benefit from the economy reopening in other ways.
Be nice to see a good push beyond £1 over the next weeks.
I tested buying 500,000 shares and can buy at 56.5p.
Looking at the price today it dawned on me that £6m of money smarter than mine was invested into this company in the recent placing at 60p.
The next months should be very interesting, with the UK launch to look forward to on top of further USA growth.
Normally it’s the retail investor that draws the short straw but now us mere PIs have the opportunity to buy sub 50p into this profitable company in an uber growth sector, and only slightly higher than the price the directors paid.
Thank you deucejaxon. Located the same document on companies house and had a read myself.
I have since found the answer which is 233,265,167.