Member Info for Newuncle

25k sell, MMs not moved much at all (so far).

fwiw, I was once involved in bidding US service contracts with the Govt over there. It involved monitoring and reporting and various other mobile communications. Our company's tender proposal was superior technically, operationally and more cost effective. Did we win? No because the procurement officer in charge rejected our tender as being non-compliant and argued it should only have offered what was detailed in their requirements definition. Some bigger USA based players who offered only a basic service proposition were awarded multi-million dollar long term contracts instead. Sometimes there are forces at work in the procurement world who can influence the outcomes to their advantage even though they are not as good either technically, operationally or as cost effective.

Highest volume day so far for the last 30 days, things may be about to get interesting as word and interest spreads.

Hi Smeeno,

Unfortunately it is a well known fact that many PIs love buying into a rising shares and will on the way up. However, if they buy and see the SP fall back or flat line their mindset tells them they have made a mistake and they tend to sell on a any further drops or flat lining, instead of averaging down. There can be all kinds of reasons, buying shares on credit, buying shares and then being told by others how rubbish they are, boredom, seeing rises being sold into and retracements, other people telling them about shares they have which are flying etc etc. It takes conviction to hold, build and see it all through and not everyone has the time, patience or financial freedom to play the long game.

Hi Ian,

Plenty of near term news ahead of Qatar licence.

UK licence first, news due this month, then two other regions plus Qatar:

Our strategy is to build a licence framework in key jurisdictions. In the first instance it is our plan to obtain a FCA Electronic Money Institution licence, either by application or acquisition and have undertaken a deep dive analysis of the sector in the United Kingdom. We expect to be announcing the results of this process during September.

To begin the process of overseas growth in a strategic location we have engaged Sharq Law Firm, one of Qatar's premier operators, to begin the process of applying for a full banking licence in the Qatar Financial Centre. We have already had a number of discussions with the Qatar Financial Centre and have received interim approvals. Our formal submission will be submitted in the next two weeks. This process is expected take 10-12 months to complete.

We have also begun conversations in two other territories and these will be announced to the market once we have matured those discussions to a material point.

Moving again on tiny volumes this morning

Exactly, TINTRA parent company are huge in the ME region already, Qatar licence will then make them a totally different animal.

Tintra PLC are/will be offering global banking and payments platform using pioneering technology and compliance infrastructure.

GB,

Again agreed, bumps in the road and all that are just part of the journey. Can't help feeling Richard Shearer couldn't believe his luck picking up Box plc so cheaply. Hugely scalable model now and disruptive finance is where it's all going ie away from mainstream traditional slow moving banking etc.

GB,

Totally agree, with so few shows available in the open market I couldn't really call the potential top on these with any volume buying. Even if it is just a few PIs I think MMs would keep raising the SP in response, if just one UHNW individual takes a stake they could move this up in a huge way. IMO I think this could be the star performer on AIM over the coming months and years.

+3.5% on one buy trade of just 6,000 shares

I would like to see more about this next as it could be huge

Total Management and Asian Investor 9,482,112 78.84%
Free Float 2,747,421 21.16%

A blast from the past: Testing Sun Protection Products

University of Bradford

The Centre for Skin Sciences at the University of Bradford and Labskin also work on KTP projects together. They are currently carrying one out to develop the first commercially available human full thickness model to contain melanocytes, which will allow Labskin to be able to look at how products react to different ethnicities in skin, as well as having a more effective method of testing sun protection products.

And previously (bit of catch up history for you) and something you might have missed coming next:

CELEBRATING INNOVATIVE COLLABORATION BETWEEN LABSKIN AND LEADING UNIVERSITIES
One major benefit of being based at a science park like York Biotech Campus is being around like-minded people who work in similar fields. The campus is an environment where there are many opportunities to share best practice and ideas, and ultimately drive forwards innovation and research and development (R&D).

Our tenants often collaborate with other businesses in their sectors, but another important piece of the puzzle is drawing on the knowledge and facilities that universities can offer. One tenant doing just this is Labskin, a leading skincare testing company that develops and grows an artificial human-like skin product.

Labskin work alongside several universities within the region and across the UK, including Sheffield Hallam University and the University of York. On its collaboration with universities, Dr Nicola Kingswell, Head of Laboratories at Labskin, said:

“The benefits of forging partnerships between universities and businesses in bioscience are very much two ways. Businesses often have a commercial focus and a route to market in terms of products, but the academic expertise, and in some cases, the facilities, that universities can supply, can provide outcomes that otherwise would not have come to fruition without a partnership.

“They are also extremely valuable in terms of nurturing future talent. For example, we can benefit from the knowledge of postgraduate students, whilst also providing the students with the opportunity to gain valuable sector experience through Knowledge Transfer Partnerships (KTPs). These are partly government funded programmes between businesses and universities, ranging from summer projects to one-year industry placements to research associate positions.

“Overall, through building relationships with universities, we’re all able to combine the latest insights in the academic field with what’s emerging in the commercial bioscience market, creating solutions to real-world problems at a pace and quality that wouldn’t be possible without this cooperation.”

Thanks to tullynessie on advfn

Positive review by York Biotech Campus.........

https://yorkbiotechcampus.com/labskin-doubles-in-size-here-onsite/

York Biotech Campus

LABSKIN DOUBLES IN SIZE HERE ONSITE

Labskin UK – a leading skincare testing company – has doubled its lab and office presence here at York Biotech Campus, to launch new services that will further strengthen the region’s reputation as a leading bioscience hub.

The new space follows an increase in market demand for Labskin’s artificial human-like skin product as a viable alternative to human volunteer studies to test skincare and healthcare products, which haven’t been able to take place because of the pandemic.

Labskin has grown at a fast pace since moving to York Biotech Campus in 2014, but its latest expansion is its biggest yet, as it more than doubles its space to nearly 9,000 sq. ft. The expansion includes five new laboratories, including a dedicated Labskin production suite and office space.

The additional labs were introduced so that Labskin could expand its services to include polymerase chain reaction (PCR) and gene sequencing. This is a completely new to market service used to identify a skin type and how different products react to it, and it’s expected to attract the business from multi-national clients as well as direct from consumers.

Labskin will also be introducing services from Modern Water, a world-leading water monitoring company based in the US, owned by Labskin’s parent company (Integumen PLC). The expansion means the company can now produce reagents from Modern Water for the first in the UK, which are used in specialised monitoring of toxicity in water and soil.

To support the growth in market demand and development of its services, Labskin’s workforce has also grown substantially. At the start of 2020, the company employed eight people at the York Biotech Campus base, and a year later they are a team of 23. The business aims to be at 30 employees by the end of the year, creating more opportunities for high-value jobs in the region.

Continued.......

Globally, the mobile peer-to-peer (P2P) money transfer market is expected to grow with a CAGR of more than 18% during the forecast period from 2021 to 2029.

Over the past decade, a significant increase in the use of smartphone across the globe has been witnessed. The number of smartphones has increased from 1.57 Bn in 2014 to 2.53 Bn in 2018. This growth is credited to the increasing disposable income of the population across the global along with the emergence of the low cost smartphone manufacturers in the Asia region. Moreover, the increasing use of internet services has also derived the adoption of smartphone. The total number of internet user worldwide was estimated to be around 3.8 bn in 2018, up from 3.65 bn in 2019. The development in the network infrastructure and decline in the price of the data services has encouraged the adoption of the internet services across. Additionally, the supportive government initiative for the promotion of the digitalization has further accelerated the adoption of internet services.

Moreover, the emergence of the fintech players has paved the way for the development of the mobile peer to peer money transfer market. As the competition among the market players is fueling and the customer are becoming more empowered, the need for more customer centric product also rises. The fintech player combines the capabilities of the financial institutes and technology domain and develop advance customer centric product to fulfill the requirement of the customers. This is further developing numerous opportunities for the development of the mobile peer to peer money transfer market.

Nice find Barda.

BEIJING, Sept 2 (Reuters) - China's President Xi Jinping on Thursday said the country would set up a stock exchange in its capital, Beijing, to serve small and medium-sized enterprises (SMEs).

Gidget,

LOL, I thought I was the only one who could see that yesterday and many, many times previously.

Chesh won't believe his eyes when reads all this faff posted today

A real ubiquitous conundrum that one.