Member Info for Know0

Let me start by saying how much I love this company and what it could do for our investments - BUT (there's always a BUT!)

Saying, No News is Good news etc is just excusing being kept in the dark

The vast majority of the ownership of this company is with IIs or connected parties (close parties).

All of them will be very aware of exactly whats happening - what the $10M was raised for etc

The sooner we get a US listing where qtly updates of full info is required and prospectus are shared with all, the better - we truly are 2nd class citizens as UK PIs and 3rd class as AIM PIs

I will keep pushing the agenda on Linked In as the company clearly are aware of our concerns

Have a good weekend all

The consolidation after a significant share issue has done absolutely nothing positive for this share - The company need to tell private investors more about what is going on and what plans are for the cash raise

The Institutional Investors will have all the details yet they keep us in the dark

I have started questioning their actions on their LinkedIn posts - don't think CFO likes it as she keeps looking at my profile, BUT they must be accountable - AIM is not where we should be anyway - would love to see this dual listed in NY then a year later drop AIM

end of year report card will read - Must do Better

Doesnt work like that - you try buying £1M here and the price will be up in the 20p (old money)

They dont care about the day to day SP - they have bought in for the exit in a few yrs time - like a Private equity deal - they've had their shares at 5p at a great deal - very little free float of shares in ITX - thats why it went so high so quickly when someone wants to enter with reasonable cash

GLA and DYOR

The delay here is absolutely nothing to do with the audit - unless fraud has been found (unlikely but not unthinkable)

The delay is clearly to do with going concern and the completion of whatever deal is trying to be done

Class action against Rambler Metals directors is underway, there needs to be consideration of the same here.

The statements provided in the past few years via RNS should be shown to be untrue and news that should've been announced would appear to have been hidden

Directors (exec and non exec), advisors etc are all to be brought to justice IMO

Good luck but Ive lost a lot of money on these lies and would be happy to chuck my shares in on a class action

Join on discord to DM - wiki 1p

GLA

Clearly an II selling down

Why do people keep repeating “directors selling”. This is simply not the case.

The nil value share options attract PAYE & NI when vest and only the PAYE and NI element is covered by sale proceeds.

This is an everyday occurrence

She has increased her holding.

GLA

I dont think ITX is a joke of a share, but AIM is a joke and this is why I believe ITX will move to US - first stage is to get interest after the consolidation - then get it dual listed then finally leave London. This is a good well managed company with not much free float of shares - the business is safe and Its are involved to get a decent return

A couple of years ago we sat at 4p almost every day for 2 mths - then off to the races - not sure we will quickly get to 15p again but 10p (£5) is definitely on the cards within 6 mths IMO

US listing would also bring quarterly meaningful updates which is why more and more people dont trust AIM as its chaotic

GLA

The market for more serious investors is not penny shares though - UK stock market is dyeing so need US interest - this will be traded on NY exchange soon and then we will see the growth (IMO). I expect this to be off the London Markets within 2 years

GLA

The selling to cover PAYE and NI is a regular thing. Share Options when they vest are subject to PAYE & NI.

The number of shares sold is to cover that sum.

Absolutely nothing in this. He will be gutted that the SP was so low as meant he had to sell more shares to cover the tax

Anyone posting that this is a bad sign etc has no idea about share options

It’s a non event but has to be RNS as it’s a director

GLA

Ps company is now valued at less than 18mths EBITDA ! It’s a joke. They are selling companies at 6-12 times EBITDA.

In US this would be 80p plus.

Hold. It will make you money

They confirmed today that they had the data back - this will have been a professional attack from a group who negotiate with what they get with the companys insurers

The insurance company will have paid the agreed ransom and the data would be destroyed - this is the normal with these larger attacks. This is less likely to be someone selling the data, they just want the random payment and are actually very "trustworthy" is destroying the data because they know that they build up a relationship with the insurers then they are able to get random paid quickly and they all know the market value

This is happening ll the time

GLA

Re entering the 250 do nothing so leaving again won’t either IMO

52 week low. Just a joke.

FY 2023 guidance reiterated. Cyber attack a non event.

But disposals not hit by HY as the promised in March/April.

Pre IFRS 16 debt (after disposals and profit into cash) should’ve been gone but still some hangs there)

Operating Margin needs to increase which means cost control.

Still expecting a bounce this pm to approx 25p. Buys and Sells being matched so plenty of buyers at this price

So p ‘d off with this SP drop again.

Oh well.

GLA

Anyone know ?

Did they pay back all they received or a part of it??

Thanks

Schroeder's bought a stack of that in mid 30p (for £M at 38p from memory) - they know this is going to fly at some point as we all do - what none of us know is when!

Thinking we were at 50p several times in past 2 years and now struggling to break 30p is a joke for a company that is nit beholding to interest rate hikes etc and safe as they have so many different contracts etc - yes its a frustrating share and I was only to happy to sell nearly all my holding at 48p when th shorts opened (so was nice to have that info) but I have been back in for a while with about £120k invested at about 29p avg - so nice to see it getting back there even though my Mrs was telling me to sell at 42p (she is always right!) but I was holding for 48p for a first cut

Anyway, we are where we are, the seller appears to be out maybe and only weeks away from H1 results and we will hopefully be back into the 40s and holding

Not big volume yesterday nor today and SP up suggests to me that not many shares available - THIS is why we will see again the fast upward movement when it comes - it doesnt always happen before results and sometimes takes a few trading sessions post results to move - 42p will be the same short term target and if we can hold that for a week or so 48p (IMO)

So many hate this share, but for me its been hugely profitable because it is very under valued and very safe - so take the ride - at these prices if you dont day trade, you will make money in medium term (IMO)

GLA

So RMM went through same recently. I only have a small holding here but AIM needs better regulation.

They need 75% of shareholders to vote for it so everyone should vote against. Contact you brokers. It won’t be easy with some but do it.

Tell them to vote No on every motion.

Force a creditor to wind them up and get a court appointee

Every vote counts cos they are cancelling out 3 votes for

Get organised as a group.

SP Angel are not worth a breath. I have a small holding here but lost a fortune on RMM that SP Angel held as House Stock.

The comments made by their analyst John Meter bettered belief. He had no idea what the heck was going on. Stealing a living.

Here’s for a long rise here.

FOR THE AVOIDANCE OF DOUBT - the delisting is because Rambler UK has now gone in receivership - its not a Private Co any longer - it is insolvent and will at some time in the future be wound up.

The Administrator is now waiting to see if we will get anything from Rambler Canada as the unsecured creditor and as the 100% shareholders of Rambler Canada (inc LD entity)

The receiver wont wind up the company until all is done with Rambler Canada - but its not that RMM UK is a private co, its in receivership and in its own right will not come out of receivership. THIS DOES NOT change the picture of if Rambler Canada sells for a decent sum, then after fees etc, the cash will flow back to Rambler UK (in administration) and if any surplus after TB has been paid his contract out, would be returned to shareholders on RMM UK

DYOR

Thé SISP re Rambler Canada continues.

We were never going to be trading RMM again. Any value was always going to be distributed

Not even TB contract goes away by the Voluntary Administration as he will become an unsecured creditor before any distribution of cash to shareholders (if we get true value).

This is purely administrative and nothing has changed for SISP or our shareholdings

DYOR

SISP process unaltered

same thing happened at HZM - think there's a few errors!

Moon has been msging me with nonsense - Clearly he has no grasp of corporate finance or even the SISP. - He said he was going to "send 2M to Monitor"!!

I asked why? 2M what? Chickens?

We are getting traction from a few interested parties in one way or another

If you are in RIG, take a look at the chat for more info