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Credit to goldenprospect on advfn, Truspine are proposing a £750,000 fundraise at 10p.
https://investors.truspine.org/investors/announcements/archive/2021/300321
So let's recap and summarize where Prim is at - seems to be a couple of new faces on the board and interest is picking up. Feel free to correct me or add additional info
RL has ~21% of the shares.
The directors continue to purchase shares around this level.
We recently had John Hemming buy ~4%. Not sure if any relation or associated to the board or company.
Prim has ~5% of Fresho and it continues to expand both in B2C and B2B
After the recent Fresho investment Prim still has about £4.1 million cash
Engage and Zuuse - Prim has invested over £1million in each of them and their outlook is positive
SPAC Acquisitions, SPAC Assets and SPAC Investments newly registered under Prim on Companies House
There are a number of other investments listed on the site but not sure if any others are worth mentioning? Perhaps Truspine but that needs to get its act together, down from around 30 to 9 and news flow is weak
btw I'm pretty sure RL reads this message board and probably has a good chuckle at all of our theories!
Indeed
Another 100k today at 14:41 skittish?
Good observation btw
Hi Skittish by JL did you mean John Hemming or Rupert Labrum?
Yes absolutely Chitta123 - Rupert first bought in to PRIM around 2019 I think from memory, and must have had something in mind
Likewise Topdog21, been in for around 4 years and genuinely think we have higher to go. Can completely understand why some have decided to sell with this rise after much frustration in the last couple of years. But I do believe that the new BoD have got something up their sleeve and I'll stick it out until we have a clearer view on the future plans given the large cash pot. All the best to everyone that has moved on - ultimately we're all here for the same reasons and I wish everyone well
Thanks Pokerchump take care - to each their own and all the best for your next investment! Although I must admit I'm surprised anyone is choosing to sell now right when the party is getting started - with both Rupert and Simon topping up something clearly afoot
Yes slow and steady for now - a 2-5% rise every few days and before you know it you've doubled your money. Currently over 21% of shares are not in public hands, and evidently plenty more are in sticky hands. Once good news drops then all bets are off
Another delayed big buy - 500,00 from yesterday on top of the 300,000 purchase - wonder if John Hemming is topping up
Thanks Timmit glad to hear, some spectacular rises there
Mad spread 9.5%
Wonder what happened to RBKeeper, maybe sold out, always provided some in-depth research on this board but haven't heard from him in a long time
Great to hear about this, good timing with the vaccine rollout and lifting of lockdowns - many companies in the food and hospitality sectors will benefit from Fresho's services
Good to see thanks for sharing Timmit
All four seem to be small amounts though. If that's a new page - useful to have a single view of total investments
Not sure if the website has changed or I just missed this before, but this page on Primorus's investments include some that I don't recall hearing about at all? https://primorusinvestments.com/our-investments/ :
Supernatural foods, Mevie, Tomco Energy, Rogue Baron
Muted market response to the share options, decent incentive for the BoD, looking forward to the SP breaching that £0.10 level