Ip Share Discussion Threads

[edwardt] 30/8/2024 14:11

lets hope featurespace lawyers are burning the midnight oil this weekend.

[craigso] 29/8/2024 14:09

Share buybacks are handled by a broker based on defined rules, which are usually designed to ensure that the company doesn't bid up its own share price. (which, among other reasons, could be taken advantage of by hedge funds)

If the share buyback amounts have spiked lately, I would guess that this is due to increased selling due to funds getting ahead of the upcoming FTSE250 relegation.

[palisz] 29/8/2024 13:48

Another notable spike.
In the last two months the daily levels of buy backs as a percentage of volume has increased. Recently hit 25% of the days volume. Early in this buy back it was as low as 5% IPO clearly feel more strongly about the value down here! Or are they seeing nice realisations in the near future?

[craigso] 29/8/2024 13:01

Chrysalis certainly seems to have spiked on the Featurespace rumours. Probably CHRY is better covered than IPO - with a much clearer distribution policy for funds from realisations.

Topped up IPO today, hoping to see at least a 10-20% jump in IPO if the sale to Visa happens and management says sensible things about the proceeds...

[edwardt] 29/8/2024 11:45

well i guess the market needs to see the marriage confirmed first.

[nigelpm] 29/8/2024 08:13

Yes a pretty unique situation here. Large discount to NAV, large buyback in operation and expected sale of one of the larger assets at double NAV. Doesn't get much better.

[bamboo2] 29/8/2024 07:03

edward, thanks for info. I didn't realise it had been confirmed.

[edwardt] 29/8/2024 06:30

We have been kicked out of ftse 250 which means trackers thereof have to sell

[bamboo2] 28/8/2024 20:15

ed, what is tracker selling?

Probably being naïve, but I'm confused by the continuous selling without regard for price obtained. You'd think a seller would want to get the most they can, not the least!

Interesting to look online with regard to the breadth of past Visa takeovers

[edwardt] 28/8/2024 19:56

Would laugh if tracker selling finishes just as featurespsce confirms its sake to visa

[edwardt] 27/8/2024 13:10

it appears chrysallis held featurespace at higher valuation to ipo.

[palisz] 27/8/2024 11:06

Microbiotica’s Microbiome Medicines in Melanoma and Ulcerative Colitis Gain Regulatory Approvals in EU and UK for Phase 1b Studies
IPO has 17.7% holding

[edwardt] 27/8/2024 08:35

you'd hope visa is a more credible suitor than hambro perks.

[bamboo2] 24/8/2024 15:32

The last time a deal [Istesso] was mooted on SKY it was Hambro Perks, we didn't get many details, and the speculation ended in the blink of an eye.

At least this time, the constituent involved is a seemingly viable business.

[edwardt] 24/8/2024 15:22

Probably a buy on Tuesday if that deal cements

[keyno] 24/8/2024 15:13

Ref previous post: IPO certainly needs something to kick it towards something approaching respectable performance and I've given up expecting anything from the directors of this company. Deus ex machina would do nicely, thank you to help it on the way.

We are now below where we were during darkest days of lockdown. What a rotten pile of doggie-doo. Good luck to anybody who dived in recently and LTHs too.

I wonder if the board ever feel a touch of shame - or regret - when (or indeed if) they look at the share price performance? Bamboo2 says they are v. nice people but being nice isn't really a prerequisite to being a good leader or director. Hopeless.

[houseofpain1] 24/8/2024 11:46

hxxps://news.sky.com/story/lynch-backed-featurespace-in-talks-about-visa-takeover-13202036

This is, potentially, very very positive for IP.

IP owns 20.1% of Featurespace and was carrying it at £73m as at 31 Dec 23 or 7.0p per share. This gives an implied valuation of £363m. A takeover at c£700m would therefore represent c£140m in cash or c14.0p per share, all assuming no preferential share rights for IP or any other shareholders. This equates to roughly 14% of NAV or 33% of the current share price.

[cerrito] 24/8/2024 10:04

I read in Proactive that IPO probably about to be relegated from the FTSE 250.

[bamboo2] 23/8/2024 07:36

scooby, read this...

[scooby74] 22/8/2024 20:04

Cancel should have read the news first

[scooby74] 22/8/2024 19:59

Big purchases at 16.35 hours yesterday and today.

[skid35] 17/8/2024 14:42

From this you clearly don't know what a ponzi scheme is

[bamboo2] 16/8/2024 10:17

ONT share price rising in response to Mpox

[my retirement fund] 16/8/2024 09:19

Because the value of the company shrinks, making future fundraising far more damaging to existing investments. Remember, the company is essentially a ponzi scheme until such rare moments that it is able to sell its stake in one of its many pie in the sky investments.