RE: Update20 Nov 2025 09:23
For me what was telling yesterday was that for the first time in several weeks a couple of the delayed trades were buys and NOT sells. Anything to deduce from that? Maybe. MMS will know if Lanstead are out and could well now try slipping in a day or two of more delayed trades for mates only this time knowing a reversal is imminent. They themselves of course will decide exactly when and how strong that reversal will be. They could - just guesswork of course - work hand in hand with IMM and an ii to get a cheeky placing away ie. instigate a reversal and watch it fly for a week or so and do a load of forward selling from a placee. Would be easy to engineer and hide behind the smokescreen of Lanstead being out…. Happened at CTAI recently. MMS doubled the share price and hey presto millions of warrants were exercised and sold at precisely double their issue price. As soon as the warrants were sold the sp plummeted in just 3 days back to where it had been sat for weeks previously. They are unscrupulous and it’s always a guessing game trying to see where they’ve hatched the next plan to take money off retail investors. Hopefully IMM will not suffer a similar fate.
If there are NDAs in place then we won’t hear anything. If we get to end of 2025 and are told there’s no deal then we’ll know Tim has been fabricating this whole plan for the last year to sex up IMM’s reputation. If no deal is done the his plan will achieve the exact opposite and IMM will be tarnished for good. Mind you, the cynic in me also says beware Directors when opportunities like this arise. GDR’s management deliberately drove the share price down as far as possible, even including a reduction in nominal value. They attempted to drive it down by 99.99% and then issue billions of shares at the heaviest discount possible - most closed to retail - and then buy loads of shares themselves (whilst receiving huge salaries & bonuses) knowing the next 12 months will be pivotal for the company. Charlatans and they should all be sacked. They nearly got away with it too. Not saying Tim is doing the same but…I am saying don’t put all your trust in what this man says. He has a history of making very public and bullish statements promising much but to date has NEVER delivered. His other company Incanthera is a carbon copy and Tim has yet again told share holders big things are about to happen and the company is in a great position. But there is nothing concrete. So it’s all based on hopium.
The main difference with IMM is that Tim has so publicly and even in RNSs nailed his colours to the mast. We just have to hope he will not end up being hoisted by his own petard….
Strong reversal first I hope and then news of a deal/deals. If that happens then I’ll take it all back. Still hopeful of a deal by year end though, just lowering my expectations now, as I think many others are. Hope this works out for all holders