Member Info for TheTradingShack

Yes, I done some reading into the forms and whilst there is ‘Strategic Review including Launch of Formal Sale Process’ going on anyone over 1% must declare trades etc,

Think because books are now open to investors, potential new partners and a buyer for the company.

Annoying the RNS’d they know of no reason for share price decline.

But won’t RNS the new contracts to make the price rise?

Odd.

Odd no RNS?.. not sure what’s up atm but a few companies just putting it out on socials only

Bid not moved all morning.

Games being played a bit here on all sides mm’s and company alike…

Not sure why, lots if contract wins and nothing reported.

Add the dips.. will turn!

From 9.24am there were 6 sells totalling £1907.53

Is the seller done!?.. can see over 2p early next week.

Yes annoying.. something going on.. maybe keep mcap low more attractive for a buyout? sp would go over 4p on them pieces of news.

Will all be revealed in EoY Report maybe yes... early April they said

Https://x.com/thetradingshack/status/1905945301157835173?s=46

£2.6mil mcap

Company currently looking for a buyer…

Mcap was £30mil - £50mil last 2 years.

Hence why the ii’s dumped I believe,

= low sp which is why I see it as an excellent opportunity!!

This was £30mil Macp this time last year.

The January RNS headed..

Strategic Review including Launch of Formal Sale Process

They are looking for a buyer!

Not good for the ii’s who loaded in the £30-£50mil region if the company sells for £15-20mil

But for those buying now at £2.6mil mcap 1.6p

Screaming buy!!!!

I have put a post on twitter showing the 6 deals / new contracts they have won in the last 3 weeks!!

https://x.com/thetradingshack/status/1905945301157835173?s=46

£39.5k buys..

£18k sells

Not sure why these are not getting RNS’d… bigger game being played maybe?

January - ‘Whilst the Board remains hopeful that purchase orders for the Material Opportunities will be secured’

Seen a few of them now on linked in last 2 weeks!!

Smart money buying now.

Stick to wasting your life trolling ORCP, Friday night and your first post here to de ramp.

Deary me…

Surly you have better things to do 🤣

They are looking for a sale of the company here is my view…

Look at the contracts won or re orders last 2 weeks in LinkedIN, about 5-6

Launch of strategic review

Whilst the Board remains hopeful that purchase orders for the Material Opportunities will be secured, it must plan for all potential eventualities in light of its limited cash resources.

The Board has determined that it is now appropriate to undertake a formal review of its options to maximise value for its shareholders and other stakeholders (the "Strategic Review"). The Strategic Review will cover a range of options with a number of potential outcomes, including but not limited to:

raising additional equity capital from the Group's existing shareholders, new investors and/or strategic partners;

seeking a strategic partner to support the Group's growth and provide additional financial resources;

the sale of the Company which would be conducted under the framework of a "Formal Sale Process" in accordance with Note 2 of Rule 2.6 of the Takeover Code;

the licensing of the Group's technology and intellectual property to a third party for use in applications or territories not currently covered by the Group; and

the continued review of the Group's strategy, cost base and allocation of cash resources.

Launch of Formal Sale Process and Takeover Code considerations

The Strategic Review will be undertaken under the mechanism referred to in the Takeover Code as a "formal sale process" (the "Formal Sale Process").

The Company has appointed Raymond James Financial International Limited ("Raymond James") and Investec Bank plc ("Investec") as joint financial advisers solely for the purposes of the Formal Sale Process.

Parties interested in submitting an expression of interest should first contact Raymond James using the contact details below. It is currently expected that any party interested in submitting any form of proposal for consideration in connection with the Strategic Review (including within the Formal Sale Process) will, at the appropriate time, enter into a non-disclosure agreement and standstill arrangement with the Company on terms satisfactory to the Board and on the same terms, in all material respects, as other interested parties before being permitted to participate in the process.

Strategic Review including Launch of Formal Sale Process

Thruvision Group p/c (AIM: THRU) ("Thruvision", the "Company" or, together with its subsidiary undertakings, the "Group"), the leading international provider of walk-through security technology, announces that its board of directors (the "Directors" and, together, the "Board") has decided to conduct a formal review of the various strategic options available to the Group, including the launch of a formal sale process, to maximise value for shareholders, employees and other stakeholders.

The Board believes that, whilst good technical progress has been made and much effort expended to enhance the Group's sales capability since the divestment of the Digital Barriers video division in October 2017, further resources are required to advance the adoption of the Group's technology by customers and operate at greater scale. As such, the Board wishes to explore its strategic options in a coordinated fashion, alongside engaging with a range of potentially interested parties.

Background

As previously announced on 24 October 2024 in the Group's interim results for the six months ended 30 September 2024, the Group has significant near-term opportunities notably in Entrance Security and Retail Distribution (the "Material Opportunities").

The potential contract value from the Material Opportunities for the financial year ending 31 March 2026 is approximately £15 million, and it is expected that there would be follow-on sales of units, software and support. There have been regular ongoing discussions with these potential customers and significant milestones are scheduled for the fourth quarter of the financial year ending 31 March 2025.

As at the date of this announcement, the Group does not have confirmation from these potential customers as to when purchase orders for the Material Opportunities will be entered into, if at all.

The Group's current cash balances as at the date of this announcement total approximately £1.5 million. The Group has no debt, other than a total lease liability of £0.6 million. The Group currently has in place an undrawn overdraft facility of £0.95 million which expires on 31 May 2025. If none of the Material Opportunities are converted to orders, the Board expects the cash resources of the Group to last until approximately the end of May 2025

1.73% buyer 8.3 form

Hammer on the daily chart, nice reversal

Just watched the new linked in video.. wonder if sone of those potential customers may start buying sone stock

Lotm - had a good look at Linked in last night whilst i was in work 'working' - obviously!

I was even more impressed and i can see this stock getting bought out.

Bigger contract with next who have just reported record profits of £1bllion LAST YEAR.. no wonder they have upped security with thruvision it all adds to the pot!