I think we would have been here with the market correction we have seen in many shares over the last month (disregarding the Arden deal). I'm not losing faith added a few more at 41.4p
Had to suspend shares due to Arden been a nominated adviser to Ince Group. Not allowed under AIM rules so suspension wil! Remain until new nominated adviser found
This is the reassurance the market needs it finds it very difficult to attach value to parts of the business none more so than Ingenuity. The spin-off if it happens values Ingenuity at somewhere close to the other businesses within the group 5 billion. On that basis 800p seems reasonable.
The short positions have reduced from mid Feb. They will short until they feel there is no further downward pressure so for us this could last until the May update : Is there refinancing deal requirement and what are the conditions of the current and future contracts (margin perspective).
Long term the right people are in place to position and grow/control this business
Talks of a major fundraise requirement and describes the share as best avoided. Sarah Meddings at least 6 weeks out if touch with no mention of contract wins and director purchases. Little substance to the article
Not for me this is the start of something. This company and its partners have a pent up demand that we haven't seen in sports and the events market (potentially ever)
I believe this is a better outcome than the BOD would have predicted in January. USA UAE also in a position to put on events too. I'd expect a move to 12 p and then onto 15, obviously the demand is massive
Bought this morning but have been unable to purchase any shares greater than 5000 this afternoon. It feels heavily manipulated over last 2 days. 68p Monday to 55p this morning to close at 62.9p!!!!