Transense Technologies Share Discussion Threads

[cousinit] 18/4/2024 15:44

Just on shares being available, we are seeing continued outflows from UK small cap funds. Sometimes managers need to cut positions purely for cash management. Add in risk management penalising portfolios with low liquidity and you can get what seem strange decisions when viewed from the outside.

Note that Dowgate raised monies through an investment trust, so can absorb greater levels of illiquidity.

[major courtenay] 18/4/2024 15:13

Thanks Drw, that’s interesting.

[drw1] 18/4/2024 12:13

Shareholder Total Shareholding Percentage
N Rogers 271,500 1.78%
M Segal 63,878 0.42%
R Maughan 31,807 0.21%
Total* 367,185 2.40%
Non-Executive Directors
Shareholder Total Shareholding Percentage
R Westhead 30,655 0.20%
S Parker 12,251 0.08%
Total* 42,906 0.28%
Significant Shareholders
Shareholder Total Shareholding Percentage
CriSeren * 1,610,004 10.53%
Dowgate Wealth Limited 1,384,494 9.06%
P Lobbenberg 968,979 6.34%
Harwood Capital LLP 765,000 5.00%
Seneca 665,403 4.35%
Total Directors and Significant Shareholders 5,803,971 37.97%
Not in public hands* 13.22%
Total Shares in Issue 16,437,740
Shares in Treasury 1,152,856
Total Voting Rights 15,284,844
* Deemed to be shares not in public hands’ in accordance with the AIM Rules, amounting to 13.22 per cent of the issued share cap as at the date of the information. The total number of Ordinary Shares in issue (including 1,152,856 shares held as treasury shares) is 16,437,740 and, therefore, the total number of voting rights in the Company is 15,284,884. Information correct at 28 March 2024.

[drw1] 18/4/2024 12:11

Been a few changes since last annual report
Biggest increase in stake by DOWGATE
OFFSET by changes in Seneca,Javed Abrahams,Gerald Oury

CriSeren 1,610,004 10.39%
Seneca 1,250,000 8.06%
P Lobbenberg 968,979 6.25%
Harwood Capital LLP 660,000 4.26%
Dowgate Wealth Limited 620,300 4.00%
Javed Abrahams 569,214 3.67%
Legal & General 540,000 3.48%
Gerald Oury 493,333 3.18%
Information correct as at 22 September 2023. The total number of Ordinary Shares in issue
(including 935,356 shares held as treasury shares) is 16,437,740 and, therefore, the total number of
voting rights in the Company, which is the basis for the above percentages, totals 15,502,384.

[shifter2] 18/4/2024 12:09

Watched trades and big chunks have been available for few months not ideal thankfully buyback stopped us hitting the 70/80s

[major courtenay] 18/4/2024 11:11

I do get the feeling there’s been a hefty unloading recently. Has there been any announcement on a reduced notifiable holding and I missed it?

It’s puzzling bearing in mind our proximity to a soon-to-be-completed SAW negotiation/deal - as announced by the board last time.

My guess is that the next SAW deal will be a very modest one and it’s a case of working our way up through various applications and deals over the coming years. I don’t think there will be any overnight doubling of the share price for example.

[sojourno] 16/4/2024 23:02

The 10k and 15K trades look like they were swept up for the Co.

[shifter2] 16/4/2024 18:13

Think we are all short

Patience about run out for me getting boring waiting

[sojourno] 16/4/2024 17:27

LOL... "if as suggested the management are shorting shares".

[bhoddhisattva] 16/4/2024 17:06

Mrs Whitebait - there’s no evidence we’re “heading down the dustpipe” or of shorting this (TRT) share … so unless you have any proof of these may I ask what you’re interest is - short perhaps?

[sojourno] 16/4/2024 16:34

Doesn't surprise me and they won't be the first!
There's several different types of listings on NASDAQ, and some Co's taking advantage of them really can be rather left field.
Things are so slow here because we have to rely so much on client development. When we do put together a product it goes well, but more often than not have then sold it to fund operations. We'd do much better with the cash to take the bull by it's horns rather being dragged about by it's tail! (reprise) No criticism, it's just a fact of life on AIM and true for so many.

[shifter2] 16/4/2024 15:53

Had chap on saying if his company in America his valuation be multiples of current price on aim not that he needed money but when comes to expansion it was not helping being so undervalued so he was de listing

[major courtenay] 16/4/2024 15:17

I’m not a fan of risking American shorting rules which are brutal and often fatal to unlucky companies, but I accept AIM is very much in its sickbed. Let’s just hope it isn’t a deathbed!

[sojourno] 16/4/2024 14:43

shifter... I'll listen to that, ta!
Yep, I still believe the NASDAQ is the place to be, converting AIM sharers into ADR's.
AIM has been deteriorating for quite some years now, worse since leaving the EU.

[shifter2] 16/4/2024 06:22

Sojourno

Radio 4 today seems your desire to move elsewhere was well founded AIM undervaluations companies moving away

[bubbleandleek] 15/4/2024 17:09

Badly timed! Company bought back 50k today @ 96.75p

[king1pin2] 15/4/2024 14:15

Dont see that Mrs whitebait , If you look at the buys that we have had today it would suggest that we have bought more of our own shares or a incoming increase of holdings RNS is on the way.

[mrs whitebait] 15/4/2024 14:07

There may be trouble ahead, lack of buyback at current levels should sound the alarm bell all is not what it seems here now.

[shifter2] 13/4/2024 09:40

I guess with middle east on the brink people taking bit money off the table

[king1pin2] 12/4/2024 18:04

Some sort of Saw deal would be very welcome but in my opinion the income from Itrack and Translodgik more than supports the share price below the pound mark so I sure if our drip down continues it will attract buyers looking for value.
Translodgik has done very very well and has lots of room to grow so I would expect this to show in the next set of results.

[shifter2] 12/4/2024 17:07

Hopefully no director buys and close to signing a deal or not!

[shifter2] 12/4/2024 15:52

Thanks good news that
Not so good break to downside but was coming just wall sells just rolling in on daily basis

[drw1] 12/4/2024 12:11

Good to know.

[king1pin2] 12/4/2024 12:00

Yes " The edrive patent has been accepted and hence we are now able to engage with potential customers under NDA without fear of IP leakage."
So expected news but good news in my book because i was thinking it could take quite a while.