The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
That it would son over be 9% in IMTK and feels the shares are massively undervalued at these prices.
As you mentioned it is narrowing and nearing a profit. They won loads of new contests in the last few months, which would reflect next year, at the same time they have started focusing on the more lucrative consulting side of the business as well. All this combined should sort it out soon enough. I'm sure RT would be addressing all these in his meeting with them.
Would be broken soon :)
RT will be having meetings with IMTK board including the chairman and will send an open letter outlining his strategies. What I like about this is that he has given dates, meeting with the board is on August 19.
In the first hour with many being buys, topped up more today, brought my average below 8. August is going to be an exciting month.
Both DAN n IMTK has its upsides, invest what you want guys, but I always try not to sell in a loss to get into another share
Some more. Hope we can get to double digits by the end of the week. Good luck everyone.
Quob Park Estate have released a short-term target of at least 20p for Imaginatik (IMTK) and now own over 8% of the company. Current Holding Quob Park Estate currently hold over 8% of Imaginatik, having previously acquired stock at levels up to circa 9p. Quob Park Estate remain active buyers of Imaginatik stock, and currently expect to continue to accumulate stock in Imaginatik whilst the share price is below 10p. Subject to milestones being met by Imaginatik, our short-term price target for the company is at least 20p. The current share price levels provide the opportunity to significantly exceed our investment criteria of producing at least a 50% return for Quob Park Estate within 12 months, and which would still be met with an IMTK share price of circa 13.5p. Next steps and updates for Quob Park Estate stakeholders The next board-level discussions with Imaginatik are planned for the 19th August. These will include the Chairman of Imaginatik, who is also the largest IMTK shareholder, with a holding of circa 27%. As well as the meeting in August, we will also be sending an open letter to the board of Imaginatik, which we will share with Quob Park Estate stakeholders and Daniel Stewart in their capacity as a key advisor to IMTK. The letter will contain an overview of the broad strategy behind our investment, and will lay out our vision for what could be achieved in the short to mid-term if this strategy is followed by the company. High Net Worth or Sophisticated Investors holding Imaginatik shares Quob Park Estate will be accepting IMTK stock as payment during our Q3 fundraise. We will value the stock at 7.5p, or the average trading price for the five trading days prior to your investment in QPE (up to the price of 10p), whichever is the greater. This method of investment into Quob Park Estate is open only to High Net Worth or Sophisticated Investors. Additional details on the above will be provided in August.
We should break into double digits soon enough, btw remember short term target is 20p not long term target.
it's near impossible to short IMTK, it has a very low MCAP, and only a few million shares in free float, shorted have a very high hence of having short squeeze if they attempt to do so. But to be fair IMTK is an undervalued stock, so why short in the first place.
3 nice buys of around 283k shares, maybe by RT. got a very good feeling about IMTK for the days coming. Can expect this to double/triple in a day IMO. What u guys think.
Shares just now, some news to be released soon I would say. Good luck to all invested.
Shows that have the confidence in the share price to increase further. At the end of the day, it's an investment for them too. Haha
When was a target price for IMTK released? Can u link me to it please? But yep, definitely a buy.
Moving in the right direction, bought more today and waiting for target price
I totally agree with you, this share is going to increase 4/5 folds in the coming month. Loads of activity and news to be released.
The coming days would be exciting with QPE increasing their holdings as wel as to release a target price for IMTK. Would be trying to buy more shares today.
QPE OVER 8 % of IMTK now
All speculations for now, but hopefully they would give update of target price very soon, before end of July or atleast start of August. QPE interested in buying more shares means, that meeting a with IMTK board going well and they have got plans on how to increase business at IMTK and get into profit soon.
QPE just tweeted they will be gng over 8% in IMTK soon and they will continue buying.