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Eddie but look how many you cal sell! About 600k sold at 1.6 and no flinch on the bid whereas previously 10k would have dropped us 10%! Relax, hold, add it will come and if we do get good news trying to get size becomes a great issue with so few shares in circulation.
Welcome Allthatglitters - nice entry point considering what was 2 months ago
1 April to 30 June 1 July to 30 Sept
2018 2018
Qualified sales leads 25* 72**
number
---------------------- ------------------
Customer wins number 1 3
---------------------- ------------------
Value of new orders GBP24,000 GBP197,000
---------------------- ------------------
Qualified sales leads
* estimate in the period 1 April to 30 June
** 220 since 1 October to 15 November 2018
Important to note that 72 were generated from 1st July to 31st September
220 were generated in the following 6 weeks so that may well be closer to 350/400
It's clear AF's new strategy is increasing the leads and all's good as long as they close them out which from the 18/10 and 3/12 RNS it's looking like they are.
The other mega important part is the types of company we're working with
https://www.imaginatik.com/clients/
These aren't minnows these are some of the industry leaders, FTSE 100 companies - a massive endorsement for IMTK and proof that we have the solutions and the talent to deal with companies that a far far bigger than IMTK
10/7/2018 was when AF bought 3m in the 5p placing
Also worth noting that Eight Capital partners who own 16% have John Treacy on the board as per the 8/11/18 announcement and they took all the placing shares at 1.1p on 28/10/2018
The other thing is we've only got 96m shares in circulation with close to 30% tightly held. It's bloody difficult to trade this as you run the risk of getting locked out as it becomes bloody difficult to buy. I've got 1m and holding for much greater than a 1.4m MCAP
On the basis that it went to 10p plus on VM hype and cost measures that have been put in place and values of recent contracts. 5p is my first target which is the CEO's average
We've traded close to 100m shares since the 22m placing so not much
Reckon we're just being traded at the moment.
I still have some T20's open from 1.2's so 33% within 10 trading days is acceptable for some
Nice chart Jarvs I can see this being a chart break out coupled with news. MCAP low for what's going on and massively down from AF's buy in of 5p - that's my 1st target
In Q1 2019 defo
Volume has been consistently good over the last week's worth of trading days.
5m today already which is 5% of the company!
AF bought 3m at 5p and will want a decent return on that so it's 3 bags just to his b/e point!
Couple that with cost reductions and the $1.5m worth of contracts bagged in October (18/10/18 announcement)
Sales pipeline cleansed heavily and alot of the contracts won in Q3 so looks positive for Q4/Q1 19
"Whilst this has reduced the total value, there is a significant pipeline of qualified prospects for conversion over the next two quarters, sufficient to ensure the Company can trade at budget."
Volume has been consistently good over the last week's worth of trading days.
5m today already which is 5% of the company!
AF bought 3m at 5p and will want a decent return on that so it's 3 bags just to his b/e point!
Couple that with cost reductions and the $1.5m worth of contracts bagged in October (18/10/18 announcement)
Sales pipeline cleansed heavily and alot of the contracts won in Q3 so looks positive for Q4/Q1 19
"Whilst this has reduced the total value, there is a significant pipeline of qualified prospects for conversion over the next two quarters, sufficient to ensure the Company can trade at budget."
I'd agree Jarvs the 196387 trade just gone through at 1.487 was bought for 1.55
ADded more at placing price hard to get size which you'd expect
Think the MMS are jsut dropping the price on low volume to get a volume surge to clear Octopus.
All buys this morning - still chewing through this overhang but hopefully done soon!
JF
Just clearing the placing overhang and mms drop the price to get volume
Can still sell at 1.43p need a few more of you to top up!
For up to 50k I'm getting 1.43p as a sell price
Time to hit the offer
1.4m buys 113k sells
Can still sell at 1.415
Dicking about with the spread!
Good volume day today again with another 3% of the shares in circulation traded
My guess is this will take off towards the end of this week
JF
Anyone else getting NT to buy?
2 x 250k are buys followed by our seller dropping the 150k's
They will be out soon and then we can bag
Added more at 1.32p - clear the overhang and it goes on a run!