Member Info for thehierarchy

Worth recapping on who holds what here.
Some decent names who backed the last raise and appear to remain on board!
Shareholder Origin Holdings Percentage
Gresham House Asset Management Ltd UK 96,275,000 28.33%
Amati AIM VCT PLC UK 35,274,692 10.38%
Canaccord Genuity Group Inc Canada 35,347,000 10.41%
Octopus Investments UK 14,300,000 4.21%
Hugh Cox UK 11,741,784 3.46%

https://martinflitton1.wixsite.com/privatepunter

Cheers for that Bones15, appreciated.
I have already posted on ADVFN, but please feel free to post elsewhere if you wish.

Interesting jump yesterday that prompted me to pen something that includes my speaking with the CEO back in July.
Probably of more interest to newcomers, but may hopefully appeal to other holders too.

https://martinflitton1.wixsite.com/privatepunter/post/vre-an-engaging-proposition-10-10-20

https://martinflitton1.wixsite.com/privatepunter/post/catching-up-with-ekf-14-09-20

https://martinflitton1.wixsite.com/privatepunter/post/rosslyn-data-technologies-12-09-20

Https://martinflitton1.wixsite.com/privatepunter/post/rosslyn-data-technologies-12-09-20

Tim Sheffield hasn't got complete control as First Point has a bigger holding than him at plus 29%, so any further buying from them would trigger a mandatory offer.

I absolutely agree, a combined business with a ready made listing and additional revenue, whats not to like!

I agree absolutely, but that doesn't appear to have been the case thus far.
Something will have to give in the end and a combined business using the listing would appear to make sense.

Sheffield Haworth bought their stake in 2017 and subsequently removed the board who had under performed.
Some of those former Directors subsequently sold and the shares were acquired by First Point in 2018.

The two as far as I can see, have not worked together and have not been acting in consort, yet!

NAK's major holders are two fellow recruiters in First Point 29% headed by Alistair Rylish with Sheffield Haworth on 24.4% and which is led by Tim Sheffield.
It's a bit of a conundrum that as they appear to me to have different agendas, hence the situation has appeared to be deadlocked.
Any coming together from these two would unlock value and provide a springboard for future upside.
Despite the shares edging up the current market cap is barely equal to the value of the listing!

No worries mate.
Obviously NAK is priced to go bust, but with a Trading Update coming in the next ten days I reckon we will hear that they have made good use of the various Government schemes and have resumed operations as their website and jobs shown indicate.
With exposure to digital technology jobs and financial they are perhaps in better place than others, they have unfortunately been squeezed financially.
An injection of capital is what is really required here to underpin in it, so perhaps we will hear something on that come the update or perhaps not.
It would also still make a very good reverse opportunity for someone and again, perhaps that could be on the cards.
Obviously Mr Reynolds believes something will happen hear to deliver decent returns from these bombed out levels, I think he may be right.

He hasn't taken that many, that is the total shares in issue!!

There is an interview with the CEO on the ADVFN thread confirming manufacturing has commenced in Germany along with sales of PrimeStore in the UK and Africa with discussions in India.

Any positive news coming through from here will be hugely significant.
https://www.paragraf.com/partners/

Exceptional demand in April and May that has continued through to June!!

https://vrworldtech.com/2020/06/16/arrival-of-htc-vive-xr-suite-acknowledges-that-traditional-vr-headsets-arent-for-everyone/

This company is only just beginning to build momentum which is now being reflected in the share price movement and sentiment.No doubt plenty of news to come and potential for serious growth over the coming years, so I won't be exiting or top slicing at these levels. It wouldn't surprise me to see some significant news emerge in the near term which could then provide the company with an opportunity to raise a bit more at a higher level and that would further underpin the business going forward. Fully understand others selling though as a profit isn't a profit until you take it. However with a stock like this and the spot it sits in it may prove difficult to get back on board once you have disembarked!

Very interesting movement today ahead of results which are not going to be anything special.
Has something leaked? a sizeable order, Sierra Leone news or could we even see an opportunistic bid emerge?
Tomorrow should tell us more!