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QPE has now over 14 % and we should see them making a positive change in IMTK in the near future.
Totally agree with BH, we would be getting the letter in less than a week. At the mean time, QPE would be glad that the price is below 8p again and would be buying as much as they can. They have been quite silent the pay 1 week, so expect lots of news on the coming week.
IMTK has got plenty of support and this a very good buying oppurinity IMO.
Thank you for your reply, how long do you it would take to reach 15p target.
We didn't see much of a fall on Friday, it was trading above 9, the whole day and fell a bit at the end of it. We should see it rising further in the next week, we more news to be released and as we know QPE have been continuing to buy and plan to acquire atleast 30% of IMTK. Another thing to note here is that there is less 18 million shares in free float and this buying pressure together with news of any new contracts and acquisitions will drive this share price much higher in the coming months.
Why do you think IMTK is a Game changer? Just asking your views, Sharepickers told they would like to feature IMTK in their podcast and would like to know why IMTK is a game changer in about 300 words, I cosmidrr you really wise and that you would be able to give the best answer, hence asking your view. Anyone feel free to contribute.
Totally agree with you. But we should be getting an update sometime soon tho.
We should be seeing 10p today and short term price target of 20p would be breached very soon. Ya, we should be getting an announcement very soon QPE.
I thought have to announce for every % increase above 3%??
Closing share price is 9.125, which is the average of the sell and buy bids. 9.71 is the price of the last trade, 100k shares were traded at 9.71 and later QPE tweeted saying they were buying heavily yesterday and will be buying a lot today as well. The share price should be continuing its ascend. The fact that QPE are buying heavily at these prices with the Open letter to be released next week, suggests loads of news are to be released and they want to get in at these prices before it increases higher. Or do they know something which we don't, contract ? Acquisition? Only time will tell, but share price is definitely going to increase further due to the severe shortage of shares in free float and increase demand.
4 100k trades shown after hours, all priced above 9, so should be buys? Something going on behind the scene? Evicted for tomorrow :)
Seems to have loads of potential paying a good dividend.
What happens if they short sell and now one actually sells and continues buying at small amounts? Won't mm get a big loss?
It was slowly itching towards a new high, we should see it reaching a near year high tomorrow, if we get the open letter tomorrow by QPE, we can even end up seeing this double tomorrow.
But 8% increase shows how much of shortage of shares there is. New contract, reverse takeover, acquisition talk, imagine where this would be.
I'm fnding it very hard to get hold of some shares, we should reach the short term target price pretty soon, with all the current developments.
QPE have tweeted that they were very happy with how their meeting with the IMTK board went and will be increasing their holdings.They currently hold 12.01% so they would plan to more than double their holdings, which is going to put immense pressure on the shares, since there is less than 17 million shares in free float. Not to forget there would be other institutional investors now wanting to have IMTK in the funds, the much respected highly performing Marlborough fund holds more than 8 million IMTK shares already, which all point to the confidence the big players have in IMTK. With the recent developments there would be more interest shown to hold IMTK. QPE was very happy with how the meeting with the board went, therefore we could assume that the board is ready to work with QPE and develop the business fast and return value for the shareholders. They have told they would be releasing an open letter outlining their plan and why they feel IMTK has immense potential. QPE has set a price target of 20p for IMTK based on the current business it holds, with more business and more interest being shown to hold IMTK shares we would see in the near future, IMTK trading at much higher prices. Good time to buy IMO.
QPE have tweeted that they were very happy with how their meeting with the IMTK board and will be increasing their holdings. They currently hold 12.01% so they would more plan to more then double their holdings, which is going to put immense pressure on the shares, since there is less than 17 million shares in free float. Not to forget there would be other institutional investors now wanting to have IMTK in the funds, the much respected highly performing Marlborough fund holds more than 8 million IMTK shares, which all point to the confidence the big players have in IMTK. With the recent developments there would be more interest shown. QPE was very happy with how the meeting with the board went, therefore we could assume that the board is ready to work with QPE and develop the business fast and return value for the shareholders. QPE has set a price target of 20p for IMTK based on the current business it holds, with more business and more interest being shown to hold IMTK shares we would see in the near future for the IMTK to trade at much higher prices.
That they were very happy with how the meeting went today with the IMTK board and would update us on the progress before the end of this month. Ohh and they would be continuing to buy tomorrow as well.
I didn't invest in IMTK just because of RT, I invested because I believe in the fundamentals of the business and believe it has a lot of potential. But do agree that RT is a talented guy and has the binary to make his a global company in the near future and also thanks to RT for letting us know about this much undervalued company.