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https://www.pharmatimes.com/news/evgen_reveals_results_from_pivotal_phase_1b_trial_1490039
Agree a lot more could be done
Microsalt to little effect
Really ?
Saltme in over 3000 stores in the US
Salt shakers in main food distribution companies
Plus french ready meal company
Plus smaller independent companies
And I am sure they are in talks with many more
My view is microsalt could be worth multiples of tek market cap on its own
I am invested in another company that market cap is 5m less than cash position
The share price doesn’t always tell you how a company is doing especially in markets like now
Imho
All the best
https://www.ig.com/uk/market-insight-articles/guident-partners-with-novelsat-230303
Getting it away at $7.5 gave them the funds to grow the business which was the main aim and great success , the fact its dropped since then isn’t tek fault and beyond there control
Pulling off a ipo at the price they did is a great achievement in the current climate
The whole junior market has had a terrible last few years hopefully it will improve
Totally agree on the same side
And hope you get your divi
All the best
Thanks for your reply
I get your points, the point of tek is to create ROI for shareholders, its normal to be locked in on a IPO getting the terms they got would have required this
Do you think Lucy would have floated at $7.5 if tek plan was to take some money off the table
What would that have said to new ipo investors, the same with bell, i doubt they would have got them away without the commitment
What i would say is the company could have been clearer on outlining policy towards special dividends
All the best
Get one of the businesses to 100m that is just over 60p per share
Definitely don't want to be selling out cheap to get a few pennies per share special dividend
I genuinely believe guident and microsalt should achieve this, and that’s without anyone taking the shocks
The mind boggles on what MS could achieve
Imho
The fact that they are using money for the shocks and the mention of VW and others also HB cv
Gives me great comfort
Would they have got this far and are prepared to spend if they didnt have a good chance of success
Also car manufacturers wouldn’t be wasting there time
Imagine if 1 took them on it could be a game changer for tek
Imho
Hi sea
I didn’t take comments about MS as ipo could be further away, looks like they needed the money for stock which looks like it is selling fast
The broker will want to get it away asap and market conditions seem to be improving
I think it will do well on IPO
Imho