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I've no idea what you are talking about. What are apportionment factors? What do you mean "the UK listed line"? The share isn't yet properly on any market so there would be no "first day dealing prices".
It is being traded on the PTC pink market but AFAIK very few/none of the UK holders have been able to trade it. I believe a few people (me included) can see the shares (not ADRs) on their accounts.
before a suitor or two might show their hand? Wouldn't a bidding war be fun?
I think RM hinted ages ago that they'd already been in discussion with others. But that doesn't appear to be the direction he's planning for, judging by the appointments and partnerships.
I'll be a little cautious about telling the missus. When TILS went up over £3 my portfolio was jumping up by thousands a minute (and I didn't have anywhere near as much in as I have here!). I eventually couldn't keep quiet any longer and went to tell her - she was sitting in the garden and by the time I got there from my upstairs office it had leaped again.
But I didn't get out quick enough and there was no substance to the rise and it fell back. I eventually sold but didn't make much.
Of course, this is very different as that one was baseless ( I believe RobinHood investors in the US mixed up the Tesla and Tils tickers - TSLA and TLSA) though others don't agree. This one will be founded on proper results.
I've been trying to come up with an exit plan but tbh there are too many possibilities. I don't feel the need to protect my "stake" like I might in any other share. The real value in this will accrue over time (with agreements orders) and if I take some out when the first RNS is out I will miss out on that growth.
Daveycaferacer you have been in this one since Accustem was spun off haven't you? I remember your name from way back.
In which case you will know and remember that the shares were given on a one for one basis free to TILS shareholders. There may have been a consequential drop in TILS SP at the time but it was not "taken from shareholders without compensation". And if course there was plenty of notice of it happening so shareholders could have got out if it didn't suit.
I had TILS but sold them shortly after getting the 19k free shares. I wish they'd get on with monetising it but I'm not expecting them to be worth much.
Must admit I've not tried, but the company really should respond in some way to requests for info, especially if it isn't sensitive in anyway way.
Mind you, I did try a few months back over the shares malarky and they didn't... maybe I'm just expecting too much.
DocD I was really being a bit t-i-c but here we are trying to double guess why Polar have sold off a lump and in other threads are happily discussing what our own top slicing strategy will be, and in some cases what we've achieved in the past.
They are taking some profit maybe, or selling off to satisfy general fund rules, or maybe they've had a bit of a run on the fund so are having to trim down investments to pay out, or they want to reduce exposure to the risk having made lots already on this. or any combination or other factor you can think of.
If this were a absolute given then it wouldn't still be at this price point.
I think it is a steal now and so do most of us but if I was already a million up I'd not necessarily leave it all in the pot just in case.
Good find!! So that's like a US version of the AIM RNS...
Did anyone spot at the bottom a contact for Investors? I guess that's just for gaining access or questions about the conference rather than someone to moan to!!
There could be other clues in there, e.g. the LTD company is still reported as being UK based (though I think we knew that)
Rockz - to me, it isn't important which version is right and I really don't care anyway. I guess being proved right is more important to you. Whatever....
I will just point out that you misinterpreted my previous comment, in which I said "read up about meme-stocks, and you will understand a little more about the way that many of today's investors think". I did not say anywhere that TILS was a meme stock.
Let's leave it there shall we? I have much better things to do.
Rockz, read up about meme-stocks, and you will understand a little more about the way that many of today's investors think.
In my mind, I doubt many Robin Hood traders know or care what they are investing in, let alone do any research or have any strategy. They are out to make a fast buck and if a bandwagon rolls by they will jump on it. I expect many here will remember Game Stop from last year. In it's early days this was fuelled by social media and pretty much enabled by Robinhood.
I imagine the TLSA ticker was shared around social media and so the story began, with a snowball effect which quickly subsided.
I didn't mention any millions but seeing as you have - the Robinhood app reported 18.9 million monthly active users in Q3 2021. Assets Under Custody (AUC) increased 115% to $95 billion.
As a TILS investor I was acutely aware of what they were up to around that time and it may have contributed to the overall SP profile, but the clearly defined spike was absolutely based on unintended investments - hence the sudden relapse.
You don't understand the Robin Hood app and the youngsters who use it.
They see a decent %age rise and jump on it, especially when it looks like one of their favoured stocks.
Otherwise why did it fall as fast as it rose?
The one which OldGab issued a statement about, encouraging shareholders not to confuse Tesla and TLSA?
https://www.youtube.com/watch?v=RHD8BsPMlMA
Correction. Incorrect pompous twit :-)
Tesla was the sole cause, as I just wrote in another thread.
Hi Oldapache
Are you taking about the £3 occasion in July 2020, when the US Robin Hood shareholders mistook the TLSA ticker for TSLA in their app and jumped in to piggyback what they thought was a leap in Tesla share prices? Which became a brief self fuelling increase, shortly followed by a decrease as they realised what they'd done and unwound their positions.
Or was there another?
In my post above I said that I wouldn't be surprised if A J Bell declined to accept the transfer-in of my Accustem shares as a partial ISA transfer, and they haven't let me down, rejected because of a "Fund Manager imposed restriction.
That was my last chance, so they will stay with Willis Owen, who have said I won't be able to trade them ( as they don't allow US shares in their ISAs), but they assured me they wouldn't just sell them without reference to me - so I suppose I can hang onto them for a bit once they are listed (if ever!!) if I feel the value may rise.