RE: Major Shareholders26 Oct 2023 21:49
Mike Edwards likely made introductions to King Tide. If it was to try to shore up the flagging CBX performance or other I cannot say, though given his name is associated with CBX he needs it to do well, oterwise he will find it hard to attract investment in any of is future projects. Remember there are a few big names burned so far by investing in Edwards and Abraham, portfolio managers hold grudges.
Will Lodge sell? No idea. I wouldn't if I were him. It is already half of what was promised and any sniff of a significant sell from a major shareholder would tank the rest.
Future? I wouldn't be surprised to see a reverse takeover of Ora. Ora's model is low overhead but it's another retail venture. King Tide seems to be going the way of IP discovery and consultancy so could compliment Ora regarding a full development and sales service for small carbon credit producers. Retail is small fish in this context though, they need serious industry buyers though having a listing on a main SE would help with that.
Also, I wouldn't be surprised if they pursued a US or Asian listing alongside London.
But what do I know, I just get lucky sometimes, but not with this one unfortunately (so far!)!