Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
I received an email from HRS Funds detailing about their quarterly statements. I replied back with a request to look into Distil. Being one of their investor, I hope they will do their home work on Distil as they do specialize in rising star stocks.
They have sold nearly 5m shares on 4/5/18. Previous holdings was around 45m, after disposal they hold approx 40m. IMO, they want to bring sp below 2p so that they can acquire more shares. 40m shares are material holdings 7.98% of 501m. If they didn't believe in Distil, they would have sold off all.
Last year Don Golding made it clear that he is in brand building and disposing it off to bigger players to take that brand to new level. Apparently he is keeping low profile until he finds a buyer with decent offer. Where there is a will, there is a way. Distil will eventually achieve it's goal in due course.
Looks like Distil is still working on perfect partner to conquer USA. I don't blame them as USA is very hard nut to crack. In UK, it is easy to start a business but difficult to succeed. In USA, it is difficult to start a business but easy to be successful.
"▪Outlook and forecasts: With the development of Blackwoods complete, management attention will now turn to export markets, with a focus on combining the distribution of gin and spiced rum. Discussions are currently underway for this approach in the US with a shortlist of suitable distributors. Given a positive outlook for Q4 and the future benefits of incremental listings, our forecasts remain unchanged"