Member Info for unhooked

85% decline since June 2021 IPO.
Excuse me?
I'll say it slowly: eighty... five... percent...
Scandalous.

Into the 40's it goes. No end in sight. Market has decided inflation will mean margins take an even bigger hit than previously guided and the cost of living crisis will cause an even bigger hit to demand for bathrooms. Not helping is that VIC is a recent IPO. Plus current liquidity issues for small caps.

When I bought I asked myself 'how low can it go?' The answer was lower and then lower still. Blimey!

Not a holder here, but I hate to see questions unanswered. If Schneider own 59% nobody can launch a takeover apart from them and why would they as they already own 59%.

I haven't contributed to this board for a while because, well, what is there to say? It has been a waiting game for all of us holders, but even I can't believe how long this is taking. Putting this delay into my tea leaf reading machine and what comes out is not good. At least the company remains operational, as I see their (scruffy) vans around town all the time. Knowing the worst is better than not knowing at all - surely an announcement is imminent?

It's a pity Shore Capital don't attach a target price to their sell note - they reiterated their 'sell' on 25/3/22 when the share price was 20% higher, could they be neutral now?
Anyway, they are an outlier - all other brokers are positive.

A hypersonic conveyance is required for SUPP, which is completely stuck - now for 2 years - in the 'forgotten' park. Disastrous investment.

Seems I joined too early - should've followed the old ' three day rule' ...lol

To me it looks like an overreaction.

Awful looking chart for Argentex. Co-founder's share sale at 80p, rather than representing an overhang is starting to look like a good bit of business (for him). We need some good news. When is old Harry updating us? Is he brushing up on his thesaurus of superlatives??

Not necessarily disagreeing with you pernix, I also see value here and joined the party this afternoon.

Just noting that the stock market has a habit of wrong-footing us, meaning most predictions don't age well.

"Upwards share trend is my friend"... Just not quite yet, eh?

I can't see why it would as the offer price is set so low, but what do I know?

Really? I know nothing of these tricks, but if so I still wonder who'd actually stump up to support what looks increasingly like a 'lifestyle company'.

At £6m market cap, this company is peanuts to buy. A trade or private buyout, so ending the company's life as an independent listed entity?

You're missing the point. Who is going to subscribe to a placing unless it's deeply discounted? 5p doesn't represent anything like enough of a discount.

Really? Then they're in even more trouble!

Shareholders trust has gone because the company is failing...

Has anybody read this? What a joke! You read a totally glowing report of a fabulous company transforming the way we work. It makes you want to rush to the nearest computer terminal and buy all the shares you can in this wonderful enterprise. Not a hint that the company can't actually eke out a profit and is entirely dependent on shareholder's largesse to survive. Who writes this guff? Maybe joint CEO Michael Hughes? Did you know he got an MBE "for services to British graduates in Silicon Valley and San Francisco"? I thought it was for services to shareholders, lol...

Meanwhile, back on planet earth, the share price is 6p to sell - an all-time low.

Two thoughts.
Re the wide spread - is an illiquid stock tightly held?
Re the tanking - the sketchy history of this company suggests management (who also have little 'skin in the game') are not entirely trusted.

Last 6 months? This share is well below what it was at IPO in 2015!

Quite right, thanks. Overcomplicating things.

No date mentioned in the statement. Is there a deadline?