Member Info for TopCatz

Or put it another way. Salt is worth just under 16p per share to TEK

Hi ACAB

Assuming Sell price (no point taking mid or buy price) at 85p, we're talking £28.27 million. Just calculate using 43p at £14.3 million, which was the original value to TEK when it floated.

We're talking more or less a million quid every 3p movement whichever way.

ATB

Only because of the way the LSE are reporting them Kat. In reality there's just over half a pence spread if you watch the trades. 12.5 - 13.1.

Time to fook them off and watch a higher trading range imho anyway.

Salt already added over a million £ to TEKs baseline this morning.....again.

Thanks Sea.

Salt is really exciting. It's really capturing the publics imagination too which is nice to see. I know you've always believed in this one Sea.

Who'd have thought it would be so well received when everyone loves potassium chloride :)

Hello mate

Finally got around to messaging microventures. Thy said that they only oversee the actually funding and that any transfer of shares/cash etc would be through Microsalt direct.

As there's a lock in for a year I don't see the point in burdening them with a load of questions at the moment as I'd rather they just got on with it. Rick Guiney wrote to us all in July with an update via the platform if you recall so I'll assume they will contact us all in one go at some point to save on unnecessary admin.

I'll follow it up in a few months if we haven't heard beforehand but I expect we will.

I've worked out that even with the dilution up to this point. Spanish venture capital and the float that at todays price it's a multiple of >8 on the original valuation. Fingers crossed it continues

I think they might cash in a bit more BELL too.

Just get the feeling they're a bit miffed with how BELL has progressed an possibly the reverse takeover. Unfortunately I can't see them ditching LUCY but someone might absorb them. That's our best hope

They look like they're backing SALT all the way though and then there's Guident. Valued at zero so big news there will be received very well

TEK stake in Salt is now worth circa 25.5 million £

If Salt land a couple of big contracts within the next few weeks or so this could get very interesting

LUCY can't get much worse

haha - correctamundo

Bell on the move, Salt on the move. More value to the bottom line. Should see an uptick.

Big ask, but maybe could give us a hat trick

Morning all

Yea it s utter blxx and only £90 ! - Might be a concern if you saw a mammoth one.

Unfortunately it does have a marginal affect on moving averages as it's end of day prices.

Good weekend all

Charts looking great. Buy signals going off left right and centre.

Hopefully a strong finish and a kick on next week.

GLA

What does Judith Batchelar know.

I'll go with a unknown clown droning on, on a BB thanks. Don't come on here posting comments made by someone highly respected within the business for decades.

What an earth are you thinking of !

LOL !

Based on a Salt sp of 51.5p. You can add 3.5p to the spot NAV so 25+p

Yes agreed Sea. He should have taken the successful SALT float to drive the SP Northwards with a decent Guident update. So much going on with them that it's hard to believe that there's not something that can be put out there to at least highlight how much it could be worth.

Still. I am of the opinion of CM that the SPs will align at some point. Unfortunately the SP was so trashed before the float that the rise was to fast to maintain.

As you say. So much potential but has to be realised soon

The whole of TEK is currently valued at approximately £2 million less than SALT itself.

Good time for a Guident update

Why would a company do a shelf offering?

The primary advantage of a shelf offering is its flexibility. Companies can register their securities and hold them in reserve for an extended period, typically up to three years in the United States. This approach allows them to respond swiftly to market opportunities or changes in their financial situation.

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Not sure if it's related BADS. Looks more like a mechanism for a quick raise if necessary to me. Up to 3 years. Housekeeping more or less so they have the option if need be. Say demand is outstripping supply and they need to scale up quickly. I wouldn't read to much into that myself but not dismissing the potential delisting thing.

They're not behaving as though this is an issue but it's all a bit foggy with LUCYD.

We ll just have to see I guess Gian - I'm encouraged by the pipeline business and let's face it, a bit of inflation and food prices have been jacked up like there's no tomorrow.

With the pressure of imminent government pressure on the industry the cost of salt even at 2/3/4 x the cost will be very small per unit imho, especially when factoring in, no risk to existing customer bases or disruption to the manufacturing process.

I would expect some major contracts to be announced on Microsalt over the coming weeks/months. Price is holding up nicely and I expect it to advance.

TEK now valued lower than it's holding in Microsalt, but it's had a steep rise. I'd expect and hope the SP kicks on again soon.

Probably worth pointing out again (because it s often overlooked) that you only need half the amount of salt to produce the same taste. Therefore you've got a 50% discount when manufacturing by default. I know it's obviously but any negative slant refuse to take this into account, when in reality it really needs to be factored in.

Then you get the application process (this applies to snacks (coverings only). One application due it's sticky consistency is enough whereas this process is generally repeated twice. That's another 50% discount right there so the cost of Microsalt to manufacturing starts off with an immediate 75% saving. Not sounding so expensive now is it

It's all in the presentations which loads of waffle refuses to watch/listen too for some unknown reason, in spite of maintaining the pretence that he's invested here.

I don t think anyone cares Sea. It's wroth so little.

Lot of IP and [sic] innovation though so imho it's either entirely worthless or will be bought out and rebranded. Totally binary the way I see it.

Morning all