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Greg have you tried contacting Rupert at all for some feedback or an update? I tried via the prim website some time ago but didn't get a response. The investment page was last updated on 2 Feb
WeShop is in the news, made its first paybacks to shoppers but is delaying IPO. Overall positive though, quite a disruptive business model. Could be a dark horse in Prim's portfolio: https://www.standard.co.uk/business/business-news/weshop-makes-first-share-buyback-payouts-to-shoppers-but-delays-ipo-b1073169.html
RMM went into liquidation: https://www.lse.co.uk/rns/RMM/rambler-metals-mining-rv0tbkuyg1tlwqo.html
Wonderful thanks skittish that's really helpful. I'm going to save a snapshot of the data on the investment page now so next time will be easy to spot any changes and I will report on them here. Pity about Truspine, the old bod put a good chunk of change in there but it looks like it has been severely mismanaged
Obviously. RMM is still one of prim's investments so good to stay informed
More bad news on RMM though, that whole setup looks very dodgy -
https://www.lse.co.uk/rns/RMM/update-on-gold-streaming-agreement-15wqs8w75ux3ef7.html
Rupert has confirmed on the other board re prim's Fresho holding: "For clarity Primorus Investments current shareholding in Fresho is 4.34% with 78.8m shares in issue."
The prim website says that the investment info was updated on 2 Feb, anyone know what changed?
https://primorusinvestments.com/our-investments/
Only 0.27% of total shares traded today
Not many sellers and good chunk of shares not in public hands, even on small volume the rises will be substantial as we have seen - only 20 (!) trades today leading to a 10% rise
https://www.linkedin.com/posts/fresho-_milestones-achievements-developments-activity-7024504148012253184-j534?
$2 billion annualised sales through their platform
$14 million capital raise
First supplier launched in Wales & Scotland, so establishing a presence in UK too
Can you substantiate your comment on the battery plant? until any formal proof or official news - just a rumor
Well there's a vote of confidence
Odd thanks I've just tried again and it looks okay now. Must have been a temporary bug!
Hi Rupert the Prim website has been broken for a number of days - this is what it looks like: https://imgur.com/a/3VgvPf4
Really does call into question the investing acument of the BoD, what proper due diligence was done before investing £400k in RMM? RMM is a failure, Mustang didn't work out. Seems like they're taking aim with a shotgun in the dark and hoping one hits. I had high hopes here when Rupert took over but expectations are at quite a low point now. No communication from BoD on this suspension either
@PrimForAll / Rupert - you read this forum, what is your plan for this sp that just keeps dropping? Investments in Rambler and Landore have more than halved. What is the catalyst for growth?
Hi Greg not that I'm aware of
Fresho has just reached its 15,000,000th order!
Reflecting on where we started and where we are now, this is a remarkable achievement and we are incredibly proud of our growing team across Australia, New Zealand and the UK.
As we continue to strive to transform the food industry for the benefit of the people and the planet, we’re looking forward to what comes next. Stay tuned.
https://www.linkedin.com/posts/fresho-_foodtechnology-foodindustry-fresho-activity-6984026339955621888-t_Lu?