The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Just as I mentioned it's a great buying opportunity a 125000 buy goes through and a couple of 50000 buys. QPE is going to help business from the outside for IMTK, and tbh IMTK was trading at much higher levels than this 3 years ago, 1 year ago it was trading at these prices.
Share price seeing a hit because of RNS for QPP stating that the Serious Fraud Office starting an investigation on QPP regarding 2012/2013 accounts, we already knew his was happening, and the outcome of which doesn't affect QPE's holding in IMTK, QPE still can buy 29.99% of IMTK. whereas for DAN QPE can still continue the holdings of 9.99% and if no action is taken against RT then they can increase the holdings if not he can still continue holding 9.99%. Both of these companies are great on their own accord and have massive potentials. This investigation might hold back DAN maybe for the short term, whereas for IMTK it shouldn't have much impact, but in the long term will do good for both. I see this as a good buying opportunity and wouldn't be surprised if QPE uses this to increase his holdings in IMTK. Good luck all.
With QPP coming out of suspension we would see some positive activity in IMTK over the coming days.
Share price have been hovering around 8 for the past week.
For the past year or so, anyone knows any reason?
Rumors around that QPP could soon be out of suspension, which would in my view be very good news for IMTK, RT is seen as the driving force behind IMTK's change and QPP coming out of suspension and performing well would be good, being IMTK his name baby, RT is a great visionary and has in the past turned very small companies into global leading business, IMTK is no small business already with having high end clients all over the world and with RT behind it; it could become a global giant in years to come. And as BH would say, it's time to wake up the sleeping giant. All the best everyone.
Is it me, or does anyone else think that the last tweet from QPE suggest that they might be changing the short term target price to something higher, because of some work theuy doing behind the scenes at IMTK? It's interesting how RT has used "was 20p" and nothing has changed it last week, so is he going to announce something soon? He has also stated it could end up being sowmthing a lot higher.
Saying that they are still actively buying in IMTK and that the short target of IMTK might end up being a lot higher than 20p.
Short term target is 20p,long term target will be released later on. And tbh QPE aims to get minimum 50% return on its investment, if we take 20p as the target price, then it's 13.5p, to get a 50% profit. But then we shouldn't forget 20p is the short term target and RT wants to get to 29.99% of IMTK before announcing his long term target price which could be around 50p, if not much higher.
Today would be interesting, will QPE release another update on their holdings today?
A nice start to the month, which is going to be full of exciting news, We might get a Rns tomorrow about QPE's purchases today. Good luck all.
My bad, I thought the reduction in June was due to the shares which were added.
QPE just confirmed by Twitter, that it has been buying more IMTK shares today as well.
Totally agree with you Sharehead, high possibility for it to be a buy, shown as a sell because it was reported late.
Lot of them going through, someone building a massive stake in my opinion.
Holding between 1-3% are selling, ones who haven't reported their holdings, because we know for a fact Hargraves havnt reduced for over a month now.
Totally agree with you, hahah, it's quite funny tbh. But then that's the truth. There is going to shortage of shares. I think one of the other major holders like Hargreaves will reduce stake so that RT can buy it off them, if not it's near aImlosiablw for RT to get to 29.99%.
Seems like QPE is actively more shares, might go into 9s. With open letter, meeting with board coming up not to mention QPE planning to buy another 20%, this share is going to be in very short supply.
Getting difficult to buy, totally agree with u, won't be long before it gets into double digits.
RT & QPE over 10% Updated Major Holders Total shares 84.7 million QPE & RT 8,500,000 10.04% Matt Cooper 22,679,576 27.07% Simon Charles 2,403,182 2.96% Shawn Taylor 351,852 0.42% Hargreaves H 10,022,618 11.83% Herald Invest. 3,558,041 4.20% Octopus As. 3,224,615 3.81% Cornhill Cap. 2,828,125 3.34% David Gamm. 2,826,961 3.34% Walker Crips 2,803,396 3.31% Total 59,198,360 70.32% Free 25,501,640 29.68%