RE: What's happened here...?18 Jul 2021 13:33
Not that I would be a seller here, knowing what I know, but 6th of August is 3 years since Camillus and I stepped into Integumen with a share price hovering between 0.5p and 0.8p (consolidated by 10 to 5p and 8p). Prior to that a previous funding round with EIS tax advantages, from January 2018, would have reached their 3 year threshold from early this year, unlocking those investors.
We have no understanding of who is selling or why, but our business strategy of multiple revenue streams, expanding by increasing revenues per client is working and the share price since 2018 has grown from 5 pence to where it is today.
In early presentations, May 2019 at the Investor evening in the NED Hotel in London, for instance, I stated quite clearly that we will be growing by organic and M&A. We'll, we have delivered on everything we set out to and continue to see the fruits of that strategy.
So we have grown before and during the pandemic and the speed does not appear to be slowing and we are only at the beginning. So settle in for the next stage of the journey.
5p to 30p
£274k in 2018
£10m guided in 2021, so far.
5 employees in 2018
57 in 2021 and adding.
It's good to have diverse opinions and reasoned debate on the board, but negative arguments simply fall away with each milestone promised, guided and delivered on overtime, not overnight. Do your research, read RNS, annual and interim reports that have been audited and speak with management. If you take advice from anything on a bulletin board, you are way behind the person writing it as they are not inside to anythi g in the company, or ill-informed and likely to lose your investment. Its okay to believe, but you have to verify.
Gerry