Reading the RNS,there is a profit warning. for 2025/26.They said their target market was almost limitless,must have meant limited. |
Huh? The board have accepted an all-share offer, at a discount to the current price? Something absolutely stinks here. The 80% need to make the effort to vote.
What sort of board accepts a takeover at a discount, paid with paper instead of cash? Either complete utter morons, or deliberately giving favours to the bidding party?
* I have no knowledge of either business. Just an extremely strange situation, and apparent sell-out by this board. |
So,Checkit have it for half their original offer.What a sad state of affairs,nothing but hot air. |
They are probably accepting this deal because they know full well their company is worthless and the product and services it offers are of no use to anyone! |
Having now looked at Ceckit I can see why they refused a deal with them last year
What on earth has made them accept and recommend these terms today, something we're unaware of I wonder? |
Barrie Whipp has about 10% and the board have given irrevocable undertakings for about 23% so I'd say they are well on their way.
Staggering sell-out really but then the company has been pretty listless for a few years now. Struggled with sales/growth. |
Interestingly though I seem to recall that the BoD don't have much skin in the game so perhaps the PI vote might be a problem for CKT.
They also get our cash as well, and the business for almost free ! |
6 x CKT shares?! What an absolute p*ss take.
CKT are the ones wanting to acquire....where's the premium?!
Who would agree to such a rubbish deal? The BOD it seems!
CKT seem to have a history of losses. They need this more than TIDE do!
Bizarre.... |
Well we got the update as promised, but not at all a generous offer, imho. |
Just received a reply, we shoulg get an update in the next couple of weeks, been delayed by board changes etc. |
@chill
I wondered why the lack of news and asked on Monday when the new T/U was due through the investors portal on their website.
Needless to say no answer yet !
I will chase but if it takes them this long to answer a simple shareholders question either they are sooo busy taking orders or they are asleep at the wheel.
I suspect the later is more likely. |
Been quiet for a long time. Don’t seem to be expanding in the way they expected.
What is the problem?
Management?
Poor product?
Technological change? AI etc? |
You can watch the recorded webinar now on YouTube: |
Nice to see a small price rise. |
On December 12th, ShareSoc and InvestorHub are hosting a Discovery Company Webinar featuring Crimson Tide plc (TIDE) and Fusion Antibodies (FAB). Both companies will discuss their growth strategies, current proceedings, and future plans. Phil Meyers, CEO of Crimson Tide plc, as well as Dr Adrian Kinkaid, CEO of Fusion Antibodies, will present.
Find out more and register here: |
Sorry but I was sent an email by TIDE asking me if I wanted to register.
It took me some time to register on their investor site, it is not very user friendly, I hope their commercial products are better ! |
do you have a link for that bm please? I find the investorhub website infuriating.
Not only does it share the same name as the ADVFN one you also can't seem to create an account on there and say you follow certain companies.
It's nowhere nearly as good as IMC from what I've seen. |
A webinar on 16 October on their investors hub site.
They are currently requesting questions for the CEO.
"When will the share price rise" might be a starter question... |
The figures and the downgrades were disappointing.With Baz gone and some possible bid interest,it does have some appeal. |
There is great potential here- just needs better management from the top down.
Has the potential to turn around quickly with a few new contracts.
Hold the managements feet close to the 🔥! |
Not unsurprisingly the RNS could be summed up as "jam tomorrow", cash reduced but still good compared to market cap and orders in US from the new office there are larger than non US orders but taking time to close.
Which seems reasonable to me but let's see what Mr Market makes of it. |
Indeed so !! |
Let's hope it's good. |
@geraldus
HY for June 2024 due out on Thursday 26 Sep this week |
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
Hot Features
Premium
