Member Info for Mikey63

I agree with Casapinos. No complicated analysis needed - they sold the IP and left shareholders with the debt. Hope I am wrong but that's how it looks. Increasingly a pattern on AIM unfortuately. If it's worth having its snatched by insiders or PE. It saddens me as I still think tidal has merit, I just think this company is no longer in the business of developing it. That's how t seems to me but DYOR of course.

"ANGLE estimates that the addressable market for the Parsortix system used with metastatic breast cancer patients is in excess of US$500m per annum in the United States alone."

Nothing can be ruled out with this share BB

He’s had over 30% for years. He will have been granted an exemption. It will take a lot of cash to get Foralumab through clinical trials. I doubt he will want to use his own. Not an expert but I think he would need 75% for a takeover in Bermuda whereas he could do it with 50% if we stayed here. So I don’t think that’s part of the plan. DYOR of course.

Nuclear bad
https://www.walesonline.co.uk/news/wales-news/welsh-nuclear-power-station-responsible-9415019

Tidal energy good
https://www.rechargenews.com/technology/worlds-largest-tidal-energy-scheme-to-trial-first-ever-subsea-hub-off-scotland/2-1-781165

Hi BB, It’s a good question. I’ve read elsewhere (on TG group) people saying it will be seemless and new shares will appear magically in the same account to replace Tils. If only. Time for another email to ‘corporate actions’ at ii. If I get a sensible response I’ll post it here. M

Shiraz, great post. Totally agree with about effects of dual listing. It seemed to kill rises both sides of the pond. GC must have noticed too, if we did. And nothing really changed after the move to main market. Company move will be better for listing and better for (his!) tax. Only mistake was not doing it originally, IMO.

Blueb, I’ve had same good experience with ii. I originally transferred from from EQI (which was taken over selftrade) before ii took over EQI accounts and have been generally happy with ii. The CEO of ii is campaigning for better access to IPOs for small shareholders so seems to be on side. My Accu are also still in my ISA. I sent ii corporate actions an email explaining why I considered they should stay there. Was not sure I should even raise the issue tbh but was concerned that if they shifted them out it would prove a lot more difficult get them back in. The argument is that HMRC has published guidance to ISA managers regarding complex corporate rearrangements such as demergers. The guidance says, if the original investment was ISA qualifying and the ultimate investment will be ISA qualifying then any intermediate investment should be treated as ISA qualifying. This should apply to our current Accu shares which will ultimately qualify for ISA when Nasdaq listed. There appears to be no time limit. The usual 30 day limit for moving non qualifying investments out of an ISA does not apply. The guidance can be found on Gov.Uk. Mikey

Nice post Lazyp. Sorry to hear you are underwater to that extent. Your points are all valid. Just don’t think it serves much purpose to bombard GC with abuse. He may or may not respect small shareholders but it surely won’t help. Probably (almost certainly) I am too trusting but overall I’ve done ok on AIM. Accustem is the acid test here IMO. If that comes good (before any new tech comes along and makes it obsolete!) sentiment will improve. I would hope you could recoup before you get out, if that’s what you’ve decided to do.

Good post CB. Agree 100%. Worrying trend that private equity, particularly from over the pond keeps moving in on anything decent. Not just cheap public listed companies. Tech startups also increasingly are private money. Fewer regulations but also fewer opportunities for small shareholders.

Phil, some feed back from AGM on the Telegram group seems positive, prompted a couple of buys …if it’s to be believed of course.

Seriously? You want everyone to write offensive emails to GC? And that will make the situation better? Would you also suggest everyone then writes a grovelling apology when there is positive news and a re-rate? Dear GC… apologies for the all the rubbish posted on this board, I sincerely hope you never wasted your time reading it. Thank you for making us all rich. Kind regards, etc…

No offence linandy1, comment wasn’t directed at you, was just observing that sometimes people are often deliberately negative (or overly positive) for their own agenda, as we know. I think it’s difficult to criticise pricing, etc unless you’ve got the inside knowledge and skill to analyse their the business plan. Probably none of us have.

If questions have to be asked about pricing and business strategy I am sure IP Group will have asked them. If you are truly expecting bad results you sell now and de-risk. Yet people are buying. How weird is that.

Hello, Phil, Hopeful, probably in the bottom drawer for many PIs this but seems change is on the horizon, hopefully positive. Might be that recent price drop is people de-risking (sell on rumour, buy on news, etc) because if news is anything but positive then it will be oversold for a while as markets overreact. I would prefer to be in personally.

HL may be wrong about this ISA point. HMRC guidance to ISA managers says, in effect, in cases of demerger or similar corporate actions, if the original shares were ISA qualifying and ultimately the new shares will be listed and ISA qualifying, then the intermediate investment may be treated as if it is also ISA qualifying. The onus is on the ISA managers to ask HMRC to apply this exemption. So HL, Barclays, etc should enquire with HMRC and not just take your shares out of your ISA. Complain. If they cause a tax loss to their clients because they don’t do this they may be sued. By everyone! Have a good weekend.

DYOR as always but all the negativity here is a massive buy signal to me.

Everyone long on (old!) TILS should know that (a) Bermuda listing has always been GC's plan and (b) a direct Nasdaq listing (no ADRs and no dual listing) is the way to go if you want to build a USDBillion+ company.

That’s not how it works. Some of the TILS shares are held by the bank in the US that issued ADRs in respect of them for trading on Nasdaq. One Accustem share was issued for each Tiziana share held by investors including those held in the US on account of the ADRs (TLSA). Whilst it was possible to pick up extra Accustem shares by selling Tils after the record date and buying TLSA, it does not change the total number of Accustem shares that were issued - it was one per share.
Any company can create extra shares to sell to new investors, which is why there are now further Accustem shares. The company can sell these further shares for cash which can be used, hopefully, to generate further growth and shareholder value. Whether this dilutes the value of the original shares or increased the value of them will depend on how much cash is raised per share and whether it adds to the value of the company. Seems to me Accustem needs to raise cash to develop Stemprinter/Spare to maximise the value. This will take time so patience is needed but I think we will get an update soon.
Also, if you are genuinely interested in Accustem demerger or frustrated, or just want to vent the best place is the Accustem Telegram group rather than this board.
Would add that Accustem were never ‘free shares’ and it is unsurprising to me that TILS headed back to pre Accustem levels after the demerger; what surprised me a bit was that it took as long as it did but maybe that’s to do with the number of private investors who got involved on the back of COVID. Maybe also because for several months Accustem value was still in the TLSA - there really should have been a transatlantic price differential.
Can’t see Tils dropping much further from here but who knows. All the above IMVHO. GLA,
Mike

interesting link (nabbed from the TILS board where it may not be as relevant as here, arguably).

https://www.griproom.com/fun/10-signs-your-company-is-about-to-be-acquired?s=08

Fave quote from the above, "This is why if you believe in a company, you must buy it, hold it, and avoid looking at it on a day-to-day basis. I find this easier if you own a lot of companies. It’s impossible to keep an eye on 30 businesses. There’s just not enough time in the day." (!)

The MC here is now under £28m. We have AIHL, are on board with BC and PoC is imminent. We must be at some risk of being sold too cheap. I really hope not.

All IMO, DYOR and GLA.