Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Julian owns 26%, James owns 5%, First Seagull owns 5.5%. 4% shouldn't be a difficult number to raise. He could easily enter into a JV with James or First Seagull to raise the outstanding 4%. My guess is he's hashing out a few loose ends with the Americans and will enter into a private JV with them. We will see a bid offer in the range of 80p coming at some point this month. I will be holding patiently until then.
Small cap stocks have the highest return of any investment which is why it's so attractive to the private investor. Hegde funds and Institutes tend to invest in safer stocks. The idea is that you have a varied investment portfolio with small cap stocks and safe stocks. Once you get to your millions you obviously have a wider scope of investments, which can include Funds, or hard assets like private and commercial property. I will always have small caps in my porfolio. If you know what your doing and have the time and focus to manage them yourself, they can be very lucrative.
I've been here an untold number of times, watching the rampers and derampers, both just as bad as each other. Some over egging the stock, others telling outright lies to bring it down. I've watched companies get themselves into great positions where their product or service is about to be commercialised, sentiment is high and the SP is climbing nicely. Then out of nowhere a bombshell news hits, and the SP tanks. Seen it too many times when commercialisation or a big contract was a certainty. Thats why when I hear people on here saying things like lets get the Champagne out as if a deal is done, I just shake my head. No one knows for certain which way this is going to go. It's for each person to weigh up the situation and weigh up the risks. Nobody is right nobody is wrong and thats because nobody knows, for certain. I hope any newcomers or new traders on this forum, dont get swayed by what people are saying on here. Obviously there are some genuine commentors that genuinely are interested in the stock and give out a lot of useful information. Those are the ones I take note of, the others are just background noise that you can either just ignore or filter.
LordFarquaad123 - If that was the case, then he should have just said in the announcement that there are potential buyers. All he had to do today was state his intentions, which means he should have just said that he's listening to offers. But he didn't do that which leads me to believe that he taking it private. Again, this is just my opinion, which is like a***holes, everyone has one.
LordFarquaad123 - He had a month to state his intentions and whether a bid has been made. The buyer would have their own cost cutting plans in place, so they wouldn't need to know what JD's plans were. It's pretty straightforward, today was a day to state his intentions, if there was a bid made he could have just stated that today. It looks like he wants to go private but thats just my opinion.
JustAnotherNoob - £1 would be the minimum bid price if the bid is from an external party. 30p would be the price he would pay to buy up the remaining shares, and go private. So the Math's for him to go private would be 30p x 66M shares = 19.8M. He could essentially go private for 20M, at least that's the way I understand it.
Why give it another month? If he waits until the 29th March the the year high shrinks to £1 which will probably be the bid price. Or it could be he's hoping the SP drops a bit, then go private at that SP. Looks I think he wants to go private at a cheaper price. If there was a bid in the pipeline he wouldn't need an extension.
The test wouldn't have been rolled out in Manchester and Brighton if it wasn't fully approved. The whole NICE process is complete there are no more approvals to be done. GDR has been recommended by NICE which means their tests must be made available to the public, which is what has been happening. The ongoing data collection is to capture how the test performs in different settings and to adjust the test accordingly, but the NICE process is complete, there are no more approvals.
Due in end of this month. Hopefully we'll see some improvement in turnover with the expansion of AIHL. That should give the SP a lift. Right now this Share is massively undervalued, great buy-in price at these levels.
I had a feeling this was going to bounce today, I was trying to log back into my account to increase my limit order to 50 but missed the boat. No big deal, it was a very minimal loss after already having multi-bagged here. I'll be keeping a close eye on this one, if it decides to hit 2 again, I'll be back in.
This is the second company I've seen go tits up after being promised work through the NHS. Anything to do with the NHS seems to be a poison chalice. They take so damn long to get things moving, too political for my liking. The AIHL test should be rolling out all over the country by now.