Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
It's inevitable that it's going to be much better than the last one and will probably move the price up even further...if there is any more rumours on a Starling float then this will rocket....
This is purely a rumour I picked up from one of the other messaging boards and probably prompted by the Hotel Chocolat bid, but talk of an offer - I would take this with a large pinch of salt but maybe M&A is ramping up as markets improve....
China has shot up today following some soothing words from some committee, also the rate decision in the US is happening today and there is a view if it's 0.25 as expected this could be positive overall
They're going for gold, palladium, nickel and copper....
They were looking to list at end of 2021 but presumably couldn't find somewhere to reverse into.....I guess they have somewhere now :-)
In the corporate section of their website the following:
"Completed an overscribed private capital raise to develop the company to an IPO"
KP Growth Management is the buyer, a director is James Peter Knowles, also a director of first class metals plc a private mining company. Game on I think!
http://firstclassmetalsplc.com
IFPH also liked my tweet about TRAF merging with IFPH.....I reckon we need to wait until after the Pluto IPO is done in May and then they can concentrate on other matters such as TRAF.....patience required....
All BG funds have cut Tesla, Tencent now biggest holding in SMT...sensible move, lock in those gains, onwards and upwards!! Story is on Citywire...
https://citywire.co.uk/investment-trust-insider/news/20bn-scottish-mortgage-halves-tesla-to-keep-huge-gain/a1464007
My thoughts: Envirotech are a Battery Storage specialist. Traf can do land deals. RTO into TRAF and use their knowledge on planning to expand battery storage sites. Green play incoming!!
More teasing of the LOW6 RTO from Chris Akers on twitter....sounds like it is getting quite close - assuming its going into TRAF now might be the time to increase exposure....
oh well not the news we were expecting....carry on waiting...
Maybe...in which case people are saying IME....I'm keeping an eye. Announcement delayed slightly according to their twitter account @Low6Lowdown
Big announcement at 14:00...maybe we shall see if this is going to be the RTO shell?
New investors coming in,,,,may also be involved in CCAP and definitely in SOP. Serial RTO investors?
I did some twitter research over the weekend and from various responses to Chris Akers tweets I have come to the conclusion that this is going to be used as a vehicle for a LOW6 IPO as they meet the criteria for sports gamification that Chris is interested in. Anybody agree?
Seems like this tweet gives even more clues: Ecstatic to see DraftKings #DKNG is now valued at $14bn with currently less than 300,000 active players. This certainly bodes well for my next ‘Free to Play’ and ‘Pay to Play’ Social Gaming investment which has the hallmarks of being a “Soonicornâ€. Coming soon as they say.