Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
You may be on something here.
The idea of a floated cash shell on AIM is to seek a private company/ target aquisition and bring it to the market in the fastest possible way without all the legal road blocks of financials, long winded paper work etc!!
A reverse take over of a credible business (private) can be done within weeks.
So we have Vin Murria who still is an investor here, we have the name ABAL which is connected to the Punjab, where she was raised and a private company Tech company in the same area !!!
This looks a very possible scenario and not long to find out who the new board of directors are and the type of business we are bringing under our wings.
If it's Vin Murria....then this share will go ballistic.
Not many shares available and they are all being bought up by sticky fingers.
Let the traders have their fun as to me...this really is a buy and hold.
You are buying in rock bottom and currently the SP is gift
Good luck
Also you may want to take a closer look at who our current CEO
Simon Charles chairman of ABAL GROUP is also a seasoned AIM veteran and is in charge of corporate governance which is most intersting as it ensures that there will be no hanky panky going on here:)
PS : 8Capital have a touch over 14 million shares invested in here at around 1.7p average
That's £250k
ABAL will be imo about:
ARTIFICIAL INTELLIGENCE
BLOCK CHAIN
MACHINE 2 MACHINE
IOT
???????
its all about the future of TECHNOLOGY
AIMHO
be an example on 8 Capitals website as a case study is of importance imo
Why would they want to highlight us (IMTK) on their website ?
An example to show off their success to their potential customers.
It"s great exposure for them and I'm sure they want to make it a success.
Also take note :
8C"s average buy in price is 1.7p based on their £250k investment
Answer is Yes, John Treacy of 8 Capital is on the board along side current CEO Simon Charles.
8C are not here to throw away their money as Angus Forrest and Peel Hunt
Its all there for you to connect the dots.
This has 5p min written all over it if one has the patience to wait for the new business target and ride the wave of the peaks and troughs.
Wishing you all a very good morning
John Treacy seems to be the deal maker imo.
He had over 500 connections and is an expert all rounder in starting and growing companies, aquisitions and mergers, advising on AIM companies etc!!
If you take a look at the 8C website where John Treacy is also another Director, 8C have got our company down as a case study, that's very interesting to see.
8C are big investors here and they have sent in their right hand man to make them a juicy profit on their £250k investment and to build and add value to companies / Mcap / Share Price.
Yes, Angus Forrest ex CEO had paid 5p per share
That's 3 million shares he holds at £150k of his own personal wealth.
This share was never going to the wall like many scare mongers had mentioned in the past....far from it.
Last Friday's RNS on Peel adding spoke volumes and the rest is now history
Good luck if you are buying in tomorrow
The Share price has a lot of catching up to do and yes, it will not be a straight line as some expect.
Best strategy on AIM is to buy and hold if you believe the story and have some loose change kept aside to average down.
On the long run it's the traders who lose out on the big money and the patient investors who make the big wads:)
Good evening to you all
Just REM Vin Murria has not gone any where
There will be interest from 3rd parties here so the appetite for stock will be there.
Imo those selling out their shares for a pittance here will be filling the boots of those savvy investors who have patience.
If Scully had an ounce of patience as I highlighted to him a few weeks back...he would have been sitting pretty.
Hindsight is a great thing but let's face up to the facts here......:
The SP had nose dived due to the impatience and negativity of the lurkers scouring this BB... shame really as nothing had really changed other than having some patience for the expected news...
Try now buying in size ?.
There was enough opportunity to do so a week or so ago but not many participated
AIM really is a funny place to be....
Transfer of wealth from the impatient to the patient.
We all live and learn from our experiences and let it be a valuable lesson to us all.
I am expecting at least 5p per share here as a min based on the number of shares in issue, Mcap and the expected RTO news.
Angus Forrest ex CEO has invested £150k of his hard earnt in here and I'm sure he is no mug and wants it back with a profit.
Peel Hunt running the show now.....so follow the money and smell the coffee
Case rested
That's how we like it ....nice and quiet before the big news breaks and then watch the herd chase it up.
Well that's if they can buy any stock ;-)
Ok now in the leaders board as I speak so should spark some fresh blood and new investors here.
Think this may trigger the herd effect soon
Rem Angus Forrest has already invested £150k of his own cash in here at 5p before he sold off Imaganatik
So 5p is a conservative min based on the number of shares in issue and, Mcap.and most important the Reverse Target
The flurry of constant buys here tells a story of folk in the know taking positions of the incoming news
Keep.adding if you have the funds
Get ready to gap up again.
Almost impossible to buy now in qty.
Looking good to break 1p sooner than we think before any news flow.
Just hold off selling any shares for a pittance here as we all have an idea where this is headed
Think the herd will latch on when we appear on the risers board.
Not long for that to happen ...could be any time ?
News on that reverse is what we need here now to get really noticed by the herd and the market
Take in account Mcap is currently trading below cash
Loads to gain here on share price.
If you can buy, it may be a good idea to hold out for a few hundred percent (conservative) which seems very possible.
The most obvious positive sign for me was to see Peel Hunt increase their holdings last Friday and yesterday.
Imho I believe they are still adding and we are about to hear news on that expected reverse target.
If MMs are depleted of shares then this will rocket 100% plus in a session going by historical data of IMTK
Just over 100 mill shares in issue and almost 20% of the company traded since yesterday....looking forward to see how we end the week, Share Price wise
Any one want to confirm that there is no live quote from H.L to purchase above 1000 shares?
Seems to me like MMs are running out of shares here.
What's going to happen to the SP as we move forward from here.
Getting most interesting now as the expected news on the reverse could send this share up over 100% plus?
Be interesting to see how the day transpires
Good luck ;)
Cheap shares are being bought up fast.
This will gap up as fast as it diced.
Just needs news on the reverse target which I'm sure is not too far off.
In this game patience always pays off.
If any lucky ones got to accumulate at this lowly SP ....well done.
Good luck what ever stance you guys hold
Nice to see Peel Hunt increasing their holdings
Bodes well as news must be close.
GL
Welcome Adrian
Its refreshing to have a new investor on board who shares an optimistic view on ABAL
Looking forward to positive future here
GL
Patience is the key here.
I have received confirmation from the board recently that all is on track and these things do take a little time as we are experiencing.
If anyone followed Scully in DEB or sold out of here due to the scare mongering he was vocalising on here ..then I feel for you
Go try buying in size now...!
Like I said wait until folk have done their ISAs and the game here will change.
I am looking forward to news here shortly...
I wish you all the very best of luck and a good week ahead.
Make sure you have these wrapped up in your ISAs:)
RNS
Board is certainly communicating with the market, just needs some patience, that's all.
GL