The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
IMO, I don't see this trading below 10p for much longer.
We should see 9s today.
News imminent, OPEN letter should be released anytime soon.
Had a good day yesterday, have a feeling today would be better. If I remember correctly meeting the board is the today. There is definitely a big shortage of shares and price would increase with any news.
In response to QPP changes not benign proceeded.
Seems very difficult to get hold of shares now, QPE got meeting with IMTK board tomorrow, if I tenement correctly, we might get announcements tomorrow. Sharp rise on the horizon.
Shows how much shortage of IMTK shares, price increased by15% by very low volume without any news itself. Imagine how much this would increase with news and more demand.
I'm not sure about the share offer, but yes loads of potential in both the short and long term. Huge upside, we could see this doubling in the near future, QPE gave a target price of 20p based on the current business, but with more business about to come, mcap should be way higher IMO.
What's ur average at IMTK?
Nice rise by Dan today, IMKT has after a long time gone into the 8s again, QPE meeting with the board this week and this is going to get bery interesting.
Sadly I won't be able to get funds to buy more IMTK before next week, I have got the same feeling that IMTK would be rising quite sharply this week.
Totally agree with you, I normally refrain from jumping from one share to another, unless I feel I really need to. But ya, super rise is going to happen for IMTK in the near future. QPE has got a meeting with the board this week and they would be releasing the open letter to IMTK this month as well.
QPE tweets that they finding to buy more IMTK shares and looking forward to buying more at higher prices after meeting with the board next week.
Rt bought at 0.5p per share, he had 10% of DAN while the price was less than 0.5p, but obviously DAN is very undervalued at those prices, for example at that MCAP Dan would be able to produce revenues of twice if not trible its MCAP. The reason I sold my DAN shares was I felt loads of expections had been fueled into the DAN share price, it has increase by 700%, in comparison I felt IMTK is undervalued and hence I invested more of money in it, as I saw more upside potential in it, in the short term and long term. What you guys have to remember is that we invested into DAN and IMTK for long term prospects and shouldn't panick because of these short term movements, even on the worst case scenario RT doesn't get approval from FCA to up his holdings in DAN, he already holds a significant holdings and is committed to turn this business around. IMTK's short term prospects comparerivly looks better with QPE upping its holdings and open letter to be released in the coming weeks. work is being done behind the scene in DAN and as steamy has pointed out continusly, shares are in shortage and will fly when news get released which can be any day now. In summary long term holders, nothing to worry with these short term movements, day traders and short term holders, you guys have to worry. Hehe good luck everyone.
Thank you for the link, glad to hear FCA is doing something about this. Overall demand for the share is increasing with each day and this could blow up any day, next week is going to be interesting with loads of good news to be released.
Is it going towards another all time low? Obviously The market at China is pushing this down, but still very much undervalued in my opinion.
It looks? Or am I missing on something here? It's been in profit for many years, and is based in one of the most populous country in the world, with increasing demand for medicine. If any one knows why this share isn't undervalued please tel me.
That it has bought more today and doesn't feel the price can actually go down since there have been finding difficult to get more IMTK stock.
It might just be the mm pulling the price down to scare people into selling. Hold tight and buy if more if you can. News to be released next week regarding IMTK future growth.
Pretty sure that with the open letter in which QPE would be outlining their plans for IMTK's future and increased business they would also set a new short term target price to be achieved in the next 2/3 months time which could be around the 30p mark IMO.