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ITS Itsarm Plc

0.775

0.00 (0.00%)

Last Updated: 00:00:00

Delayed by 15 minutes

Itsarm Investors - ITS

Share Name	Share Symbol	Market	Stock Type
Itsarm Plc	ITS	London	Ordinary Share

	Price Change	Price Change %	Share Price	Last Trade
	0.00	0.00%	0.775	00:00:00

Open Price	Low Price	High Price	Close Price	Previous Close
				0.775

more quote information »

Industry Sector
PERSONAL GOODS

Top Investor Posts

Top Posts
Posted at 11/8/2023 13:40 by grodd We will let the judge do his job about a ramper disseminating false information and cutting and pasting criminal activities to deceive investors. I will not comment further, as FCA has been informed now. "classification Ramp" Read Full Thread Reply
Posted at 26/7/2023 19:21 by phil1969 For those new to shells and RTOshttps://www.thearmchairtrader.com/why-cash-shells-are-becoming-more-valuable/Recent restrictive listing rule changes at the London Stock Exchange mean that existing cash shells and SPACS have become much more valuable. Effectively an RTO (reverse takeover) on both premium and standard segments must now be £30m or more. No more tiddlers, which will now have to consider alternative markets!Carried out properly and professionally cash shell deals remain one of the most exciting ways for the more speculative investor to experience 5x and sometimes 10x profits! But 'caveat emptor'.Although I cut my teeth in the city as an equity analyst at a leading broker, I have been fascinated by publicly quoted 'shells' since I was a writer on micro-caps at the FT and later as investment editor at the Telegraph group. That was some 40 years ago, when the 'shells' were so scarce that there was a very large premium over net assets per share payable in order to secure control.Some of the big conglomerates and market names of subsequent years were born out of a 'shell operation', as it was then known, and consequently they increased in number after the huge market swings of the early 1970s.I have been a founder or directly involved in some 34 'shell'/quoted vehicle ventures in my career in the financial and corporate world, spanning several countries. That's 12 in the UK, 14 in Australia, five in Canada and the US and two in Hong Kong. Obviously not all fared well, as shares are always subject to the vagaries of the investment horizon, but 70% could be classed as successful. There is presently a growing appetite to list using the 'shell' route, so much so they have been named SPACS (special purpose acquisition companies).The long-term benefits of being publicly traded or quoted are numerous and include higher company valuation, improved liquidity for shareholders, the ability to use paper in exchange for acquisitions and an incentive to offer or retain employees with publicly traded shares and/or option schemes. Moreover, having stock exchange quoted status brings with it more accountability and higher corporate governance standards which provide extra comfort for shareholders and other potential investors.Generally speaking, cash shell transactions usually take private companies to market more quickly and cheaply than from perhaps a macro or black swan event.The shell's business is not to everyone's taste or satisfaction, however, as along with the notable success stories there have also been come spectacular failures and over the years many 'shellmeisters' have come and gone.Unquoted cash shells: what are they?Listing admission costs on AIM, LSE and AQUIS exchanges are unnecessarily expensive, arguably a waste of valuable funds and little liquidity once quoted.There is also a minimum £6m cash needed on AIM, post listing placement restrictions on Standard and substantial minimum £30m deal size on Premium admissions.But why list a start up quoted shell at all? An unquoted shell has many more advantages!Investors typically buy shell shares for the contemplated uplift in the value of the shares post a reverse take-over (RTO) so it follows that there would seem little argument for selling one's shell shares before the reverse acquisition transaction takes place.Bearing in mind that RTO costs are substantial and ongoing mandatory sponsorship fees onerous, it begs the question as to why pay for substantial prospectus and other issuing costs before the main deal? It is an effective duplication of expenses which seems unnecessary when an alternative service is readily available on a 'matched bargain' platform.An unquoted platform admission costs could only be circa £10,000 (based on 5 % fee) on a cash shell admitted with a minimum of only £200k cash subscription. They can be simple limited companies with model articles of association. They are lightly regulated via a simple one page investment strategy message and a share subscription letter with no requirement for a minimum number of shareholders. There are also no immediate dealing disclosure requirements for the founder directors. The newly formed company just needs an ISIN number and a Crest account facility for share settlements, both of which are part of the unquoted service.The capital base of the shell can be topped up at anytime by a private placement letter preceding an RTO and/or the issue of share options. This would be to incentivise the people who source the deals and take responsibility for the main post RTO capital raisings.Summarising, an unquoted cash shell is a commercially practical method of avoiding the unnecessary duplicative costs of starting a shell on the public markets. In short there is only one prospectus needed...not two!JP JENKINS, the oldest established unquoted share trading platform can provide unquoted cash shells to suitable candidates. Read Full Thread Reply
Posted at 12/6/2023 17:20 by bri15 The so called idiots that were buying (like myself) did so because PH were holding, very, very wrong to inform market so long after selling,well over a month when it should be a few days,i lost a bit today as was out and didn't see RNS until the 20% + drop,i am getting out of market totally now as when companies like PH are corrupt what chance do us poor investors have. Read Full Thread Reply
Posted at 23/3/2023 13:59 by ny boy How is this rubbish still in business, surely not any deluded investors buying recently, don’t any of them bother to do any due diligence, it’s just not investable Read Full Thread Reply
Posted at 06/3/2023 11:13 by hamhamham1 You can feel the bitterness of burnt past investors. Why they don't just move on after selling, that's anyone's guess? Don't invest if you can't take it on the chin. Read Full Thread Reply
Posted at 20/2/2023 11:25 by firestorm911 Good luck Genuine Investors We came in the lows; we took off at circa 30% profit—too many slicers on this. GL Mister Avenue. Regards, F911 RMC Read Full Thread Reply
Posted at 16/2/2023 15:34 by sep800 All brakes are off... Potential JV / Buyer / and any other Investors are now free to engage with the company as all legals are done and dusted. It was a brick wall with all these legal changelings going on but now all positive forward direction especially the share price next stop 10p 15p then 25p Read Full Thread Reply
Posted at 03/2/2023 01:02 by sep800 Blackhorse23 They do have cash in the bank, At least 3 large investors been buying in over 1% last few days Price drop from the last 12 months from 90p and a drop from 235p highs 2 years. SP been forced like so many other companies by shorters and ITS is due a re-rate to a civilise value. Just 4M M/C is just too low hence why so much trading been done over the last week. Large orders are being filled and expecting further TR1's announcements Every dip has been bought into and will continue You know the score but if you are banking on shorting this well your decision but all indications showing this is going north Either way... GL :-) Read Full Thread Reply
Posted at 02/2/2023 07:31 by kubera369 Now we have investors showing their hand and probably more to come it evident that a short squeeze is on I wouldn't be a bit surprised if we get very close to 10p today.A lesson would of been learned yesterday after those sharks dropped it to take the nervous outStill very much undervalued Hold and just sit back until this values out and stop rainbow chasing and listening to trolls Read Full Thread Reply
Posted at 01/2/2023 12:54 by blackhorse23 Institutional investors running out & retail investors running in ? Will be fun in few weeks Read Full Thread Reply

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