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Don't think they are hiding anything, other than making the key facts obvious.
No doubt a more detail appraisal of all the figures will be released in the new year once all the true statics have been gathered up.
Toop is going in the right direction. £2.2M its has raised is a great safety nett to continue paying its sales team. Long term contracts is what its important here not short term losses. With these contracts TOOP will be able to find other methods of securing funds if needed via JV
NEO
Fair point, but increasing costs are due to a new sales staff that's new and you need to invest in good salespeople and a team that will generate good sales order. This is key to any company.... Revenue not losses. So many companies uses its losses against Gains in the future.
Toop has had to invest to gain like many companies. For me, losses show that the investment made in the right direction for pushing an ever increasing revenue which is key.
Neo
Are you reading the same RNS ! as us.
Increasing orders and increase in Revenue = £££
Did you manage to Run before you walked as a baby ?
I suggest you buy back in as these 0,3p shares won't be here long.
Back to 1p in no time
Excellent Results Should see us back up now to earlier in years SP value. M/C is so low considering it’s revenue. This continues winning sales orders I would expect the Sp to continue in the same direction to multiples of today’s sp
CEO wants to raise further funds before final results as per the RNS this morning, What the hell is he doing ! the sp is drifting back down so markets must know of an imminent placing as the CLN's been a disaster due the the shorting of the SP.
What a bad judgement call.
This Bose well for Monday as we now have a very tight spread considering the vast differences all week. All the 1.2p placings now gone so we will see huge movement north on Monday morning. Those that did not buy at these prices today will see the SP 2p on Monday.
So little stock 48.99 M shares only, I see this moving back up to 3- 4.5p as it did on the back of the 1.1p placing only a few weeks back.
We were given another opportunity with these 1.2p shares being sold between 1.4 - 1.75p now these have gone only way is up
silly computers predictive messages should read 2p close
5p close must be news
Investinvalue
Looks like your short been hit and you're being higher now :-)
Its moved on with new CEO, just like you to move on as your'e missed 1.2p placing.
It appears impatient day and weekly traders are selling to balance their books being Friday. Do you really want to be out of this share before news arrive. Could be at close of today as indicted JV by Dec 2018. Or Even better first thing Monday morning.
This has so much ground to make up in its M/C and the news will clarify this.
GLA that have sold and good time for those still sitting on the side lines to buy back in. Order books Fromm some mm's I see being filed before end of day
john389
We have been told that a JV would be worth $30M, Over how many years or wether this amount is split into two depends on the JV agreement. This JV agreement is separate to the last RNSMon stating ITX product will be used by another player. I am working on the basis that most JV are 3 years so that $15M worth to ITX but more importantly this paves the path for the rest of the products to be either sold or patented licence.
Short term with a JV agreement worth say $15M to ITX, I would see the MC increase from £18-£22M giving a SP of
7-8p, then with the agreements of patented licence of even a buy out of the products then I see no reason for ITX to have a MC of £30M plus especially if it sells a few of its products. These products are worth much more to ITX to grant licence to use than sell outright.
This is where I see revenue being generated. If they generate £10M PA then this alone will give ITX a MC of 2.5 - 3 fold its current MC
spike912
Agree, but one needs to look at the current MC and not the SP. We know ITX have the products and these are being viewed by the giants of the industry, so giving ITX any measures of a deal will be very attractive and will be reflected in its MC. Example. Even a modest £10M deal will re rate the companies MC by 2.5 - 3 fold.by its virtue of revenue
Its all about Revenue and these JV and agreements are what its all about. More Revenue guarantee for the next 5-10 years.But don't rule out product patent buy-out that would be worth much more. For me far too risky to be without shares.
I rather hold a position at 5p plus than wait for this to lower as the MM';s will prevent you buying on the dips.
Too much at stake here to be out. News Imminent
Price gets dropped just prior to RNS, Watch the week sellers sell out and them bang news hits us first thing in the morning
Typical mm's tactics knowing great news due any moment. News already telling us a glimpse of what's going to be announced to huge revenue agreements confirmed. Back easily to 6,8 then 10p plus
1.42 & 1.43 are top up buys and yes plenty buyers at this level. the last 1.1p placing that happen everyone was waiting for 1.1p, no chance it went straight to 4.5p, this will happen again..all those 1.2p shares have probably been forward sold so get in now before they hit the market 2p plus
Am very pleased we are not getting the usual spike, small steady rises each day and consolidate as we go is best here.
Nice rise again today and each day till the excellent JV gets announced by which time back to a more realistic MC of £20M plus
Is there any point you continue to waste your breath here whilst your'e not interested in investing here ? Could it be your short. being threaten or even worst been taken out and need to get back in lower ?
Everything you have stated all day points to this.
The expenditure and costs your'e going on about are called infrastructure and that costs money. How else could any company start without spending on good foundations.
Now this is all done and with a very attractive Broadband package to offer... We now are witnessing orders coming through. Sept/October were the starting point of the new sales team and generating income. More sales are to be confirmed in the next RNS due soon which will confirm further income = Revenue.
The fact they are generating income is key to their success. The un favoured very low placing at 0.3p which hadn't been received positively was needed for their final phase of set up.
Now thats gone and the funds are being used to generate further income places this company to re-rate back up to 1p plus short term. TOOP are offering great value and in todays uncertain Finacial difficulties for home users, and business alike.
They are networking all avenues even with flyers and emails offering great Broadband packages that at present no one can match. So the markets will take note of such a small M/C company that will very quickly climb northwards.
There are aways going to be a few angry posters here due to the last placing offer. Time to move on thats history.
The future has arrived early hence the sp will continue to climb with every announcement of further sales.
At last the re-rate of the SP back to 8p plus. The news we are expecting of the JV could exceed all our expectations and don't rule out a buy out of the ITX product. from one of the big giants.
Seems the markets have realised this now