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News lodged, One code
As expected net buys again, wonder whether the MMs will have the balls to lower the price again hunting for those cheap shares, news close
More of the same today, surely news must be very close
Wouldn't surprise me to see something in the morning as the MMs continue to lower the price on net buys, very strange unless they are trying to hit peeps stop losses, of course there might be large delayed sells to explain the price movement after hours
Add up the buys and sells and the buys have it, after heavy volume from the previous sessions MMs will always try to balance their books and remember some including me speculated that we were going to get news. Some would have bought in on Friday because of that, no news means they moved on. No evidence but been around the block a few times and seen it happen before
MMs trying to force stop losses so they can collect stock for when the contract news lands but failing
Likewise but that was due to the cost of the videos if I remember right the top films were over £100 even average films were £80 but those were the days, life was more satisfying as it was less demanding compared with today
I forgot to add expecting the news tomorrow so it allows Nicola to get one over on Boris but where Nicola goes recent history has shown that Boris follows so who to say that in a couple of months the Wyld solution will be in England as well
Nicola Sturgeon has insisted Scotland "cannot let coronavirus define its future".
The first minister is due to set out her programme for government for the coming parliamentary year this week.
She warned it would not be a "normal" programme and said that health and the recovery from the Covid-19 pandemic would be the "cornerstones".
Opposition parties insisted the SNP's plans for the country's recovery had to be fast and "needle sharp".
The Scottish government will announce its legislative agenda for the rest of the parliamentary session on Tuesday.
Great news, does seem that the trolls are alittle rattled probably because the Scottish Government could well be releasing the Wyld Scottish Care Homes contract and who knows if it has been so successful the trial with NHS Highland that it has been moved up to a full rollout across the country we could see it throughout the whole of Scotland Government infrastructure fairly quickly. Does feel like Xmas Eve today
Smells like a leaky ship, no twitter pump and dump operation running, this volume is being driven from somewhere
Investment of £125,000 in InVMA
Tern Plc (AIM: TERN), the investment company specialising in the Internet of Things ("IoT"), is pleased to announce that its portfolio company, InVMA Limited ("InVMA"), the Industrial IoT company that enables customers to digitally improve performance using predictive intelligence, has appointed Peter Stephens as CEO and has secured a Future Fund convertible loan of £125,000 which will be matched by Tern. Tern has a 50% holding in InVMA.
Appointment of InVMA CEO
The Board is delighted that Peter has joined the InVMA management team to help finalise the transformation of the business to a SaaS based software products company. Peter has extensive investment banking experience and most recently in his career has focused on early stage software and technology businesses. He brings to InVMA a proven track record of driving international business growth and value, from senior operational roles in Virgin Group, Bullitt Group and Nectarine Health. While at Bullitt Group, revenues increased from $99m to $151m and Peter also secured an exit for investors in Bullitt. He also recently secured an exit for investors in Nectarine Health.
As part of the remuneration package Peter will also have the ability to secure an equity position of up to 7% of InVMA equity, based on successful completion of key strategic milestones.
Pat Nash, the co-founder and former CEO of InVMA, remains on the Board. In his new role as Chief Innovation Officer he will work closely with Peter to support the future growth and development of the business.
Future Fund convertible loan
InVMA has also secured additional investment of £0.25 million, with the UK Future Fund Scheme and Tern contributing £125,000 each. The Scheme overview is set out on the British Business Bank website (https://www.british-business-bank.co.uk/ourpartners/coronavirus-business-interruption-loan-schemes/future-fund/) with the key terms of the £0.25 million investment being as follows:
Convertible at a 20% discount to the next round of funding 8% annual interest rolled up until conversion Convertible immediately on the next liquidity event Three year term
Peter Stephens, CEO of InVMA said "I am looking forward to working with the founders of InVMA to build on the successful launch and initial growth of AssetMinder sales and to establish AssetMinder as a leading product in remote predictive monitoring."
Sarah Payne, Tern CFO and InVMA Chairman, said "Peter's commitment to join InVMA is an important milestone for the company and his wealth of relevant experience and software product knowledge will be invaluable as the team spearheads its next stage of growth and development. His background of delivering digital transformation across industries and geographies makes him the ideal person to drive the transformation of InVMA into a leading product company. InVMA is an exciting business, with a great reputation that is well positioned in the fast growing Indu
Oops not my best decision, never mind waiting for the news of contracts, how long is the million dollar question, any best guesses?
No probs, been called alot worse over the years
All today
Only if they go up
Wanted premiums to offer of 2.30p for another 200k but will wait until somebody sells
2 x 200k
2 x 100k
1 x 400k
600k
A few of them were mine, will be looking at adding more but will wait to see if the price drops back again before dipping back in, also had the 250k as well. Like the look of these type of companies but just have to be patient which it looks like lots have succeeded in doing. Won't post much as its only a small part of my portfolio but hopeful of a good return