RE: Biggest share holder in INDV selling around 18% of their shares10 Nov 2021 08:46
Well explained BLUECLYDE . It was a great opportunity for other II's to bulk buy without the day markets. Excellent underpinning of the SP, my how things have changed.
If history is the best predictor of the future that doesn't bode well as far as this share is concerned. Just ask any who invested 10 years ago and held 5-10 years.. £1000 invested is worth about £10 now after so many consolidations and dilutions. Fact.
The only difference between the announcement of the terminating of the talks with BlueAir and the final results was the use of the word 'anticipates' and 'hopes' with regard to updating the market on a subsequent deal. Fingers crossed they're working hard behind the scenes.
Yes I was aware that the original start up purchases were greater. Clearly the third quarter figures have increased the awareness here and should move this up even quicker hence the return to higher buying levels.
The LOI and proposed Licence Agreement therefore remain non-binding and there is no guarantee that this Licence Agreement will be executed or that it will generate material revenues within the expected timeframe or at all.