Member Info for Buda_

Joe80 knows everything, surely they'll just give it to him?

I said he's lost nothing, which as of today he has not. Whether or not his holding is worth anything in 24 hours is another question.

Agreed re Frisby; he's lost nothing.

still quietly confident here, but let's see

It’s not complicated at all, you’re joining non-existent (and irrelevant) dots. ITS either goes pop on Wednesday or it enters into an RtO transaction. That’s it.

I agree with your first sentence. Your second makes no sense to me. What are you saying? There's no mystery surrounding the Sept share issue, it's all in the RNS:

"Itsarm plc (the "Company") is pleased to announce the appointment of Zeus Capital Limited as its Nominated Adviser and Sole Broker, with immediate effect.

The Company also announces the issue of 1,630,612 ordinary shares of 0.25p each in the Company ("Ordinary Shares") in lieu of payment of certain creditors to conserve cash within the business."

Bodycare is just the trading name of GR & MM Blackledge PLC. Which in turn is owned by JDS50 Ltd, a Jas Singh company. Jas Singh is the man behind Baaj Capital LLP.

Latest available accounts for Blackledge are 2022 - turnover of ca 200 million, and a small loss in that year. I would imagine 2023 saw increased turnover and profit.

It all depends if there is a compelling RTO story, and if so, what it’s priced at. We’ll find out soon enough .

Indeed, getting house in order with relevant filings; voluntary strike off suspended... no point doing these things if the company's going to die in three days..

This took place in Sept 23 and was RNSd in detail at the time.

from the RNS:

Itsarm plc (the "Company") is pleased to announce the appointment of Zeus Capital Limited as its Nominated Adviser and Sole Broker, with immediate effect.

The Company also announces the issue of 1,630,612 ordinary shares of 0.25p each in the Company ("Ordinary Shares") in lieu of payment of certain creditors to conserve cash within the business.

The new Ordinary Shares will, when issued, rank pari passu in all respects with the existing Ordinary Shares of the Company. Application will be made for the 1,630,612 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence at 8:00 a.m. on 8 September 2023 ("Admission").

Following Admission, the total number of voting rights in the Company will be 54,130,610. This figure may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company.

Why? if nothing was happening, strike off would not be suspended..

News this week or early next week? if nowt by COP Wed 27th, this is delisted and dead...

I'm going for audited FY 23 accounts and a Rule 14 RTO announcement on MONDAY 25th March. I'd place a bet, but I have already :)..

No. There are only three businesses registered at that address:

1. G.R. & M.M. BLACKLEDGE PLC

2. BODYCARE (Health & Beauty)LTD

3. ITSARM PLC

1 owns 2; 3 is the listed entity.

add it up.

I'd stop adding magic mushrooms to your morning porridge if I were you Jimmy...

Rodge, you really need to slow down and digest things. As with the BodyShop?Next nonsense, ITS Holding has NOTHING to do with any possible RTO for ITSARM. And why on earth does Craven taking a non-exec role at a betting firm preclude something happening at ITSARM? In conclusion, the state of play today is exactly the same as it was when suspended; for what it's worth, I'm still confident that BodyCare is the RTO candidate.

Sound enough logic PAS14. And I would agree, although my experience of RTO is that we'll be happy to just get our money back, rather than the rocket ship emoji projections some are hoping for......

And I'll be doing the same. I cannot envisage any set of events that will translate into the wild price speculations posted on here.

Indeed, I'd say it's highly likely to be BC. And to reiterate, the Body Shop/Next discussion is of zero significance to any RTO involving ITS. I see Jimmy's train of thought, but that's all it is; a dot joining exercise where no actual connection exists.

Anyway, we're ca 3 weeks off finding out where this all goes. Exciting times!

Are you drunk?

??? Body shop’s demise/sale is of no consequence to body care, they are two separate businesses.

Why? Body Care and Body Shop are two unconnected businesses. Means nothing to ITS if Next buys or doesn't buy Body Shop.