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A couple have put in a decenitish amount of money, but what's up with Judy Happe and John Burns slinging in about £500 each!?
Go hard or go home, eh?
RNS doesn't say whether it's an employee plan or scheme.
I've been holding here for a while, and first bought in at a much higher price, having been invested in PYC before that.
I bought a big chunk (for me) at 11p recently and top sliced some at 15p, but still hold most of them, and holding at a slight loss. In hindsight I would have etc etc etc...
But if this drops below 11p placing price, I'll be buying again. Otherwise, I have enough for now. The long-term future of the company's IP is superb. It just depends what happens to the shareholders in the meantime.
Open Offer to bog standard PIs is cut back from £0.5m to £0.3m, despite being oversubscribed, in order to give more shares to existing big holders.
Will we expect to see a TR1 from Adam or Nicholas Slater in the next day or two?
Good spot on the numbers there.
That's a huge amount of downward pressure now relieved :)
Is that the sound of Mark White exiting TNT!?
If something looks too good to be true then it probably is.
The problem with TNT's funding, and what Duke is being quiet about, is that it won't be at £12.50 a share. What kind of investor would ever put money into the company at 5x the current market price?
Most likely, it'll be the same deal as the last round of funding. Duke was pumping the last funding round as being at £5. So why isn't the share price £5? Because those £5 shares also come with 2 warrants at 50p each. Meaning investors get 3 shares for £6, or £2 a share. That's why the share price is/was hovering around the £2 mark, plus a little added froth for all the social media ramping.
The £12.50 funding will be a similar deal. Maybe a Headline of £12.50 per share, but 5 free warrants. Or £10 a share and 5 warrants at 50p each. You see how this goes.
For anyone invested in TNT, or thinking of putting money in to follow the herd, have a read of how the last round of funding was conducted.
If it looks to good to be true, it probably is...
https://www.researchgate.net/publication/269583073_Review_of_Maleic-Itaconic_Acid_Copolymer_Purported_as_Urease_Inhibitor_and_Phosphorus_Enhancer_in_Soils
Scientific research paper looking at Maleic itaconic acid copolymers for use in soil, from 2014, relating to Avail and Nutrisphere.
Also, the AVAIL page you linked to Thordon is copyrighted 2015.
Doesn't seem to be linked to ITX unfortunately.
Agreed. This is a quietly confident, well-run company.
They are weathering the economic headwinds with impressive resilience. It goes to show what a nimble, forward-thinking board can achieve.
One to hold onto for sure.
More numbers, more delays, no interest in a takeover.
Zzzz. back into the bottom drawer.
RNS released today, a Croda NED bought £53,000 worth of shares at full market price.
Must be confident that whatever economic tailwinds are coming up won't affect Croda too badly. And if the market for Croda's products is performing well, then that's a good read-across for ITX too.
Maybe the traders who sold BLU at a loss to buy into TNT can now sell TNT at a loss to buy back into BLU :)
It's an illiquid stock so very few buys/sells and a wide spread. Only 2 trades yesterday, both buys.
Still, it's nice to the sp rising rather than falling.
But these shares are tightly held, so any real positive news will cause a rocket.
Of course it's Duke.
He's a gambler, addicted to chasing the pumps and other get rich quick schemes.