Itsarm Share Discussion Threads

[kubera369] 03/2/2023 07:52

Another RNS of increase in holdings :))Buyout potential seems thereGreat research here, were they signalling a buyout in December?https://twitter.com/AfzalValli/status/1621239329975590913If an offer came in for a lowball £20mil, that'd be roughly 5 bags for buys at 8p where the market cap is around £4mil.

[comedy] 03/2/2023 06:59

Ps no fire without wood ;£)

[comedy] 03/2/2023 06:57

Lol Blackhorse, the takeover monitoring unit is all over this, I’ve been called twice re if over 1% need to report to market. Never experienced it in 30 years investing. And he had my exact holding even though I trade multiple accounts.
Good luck

[blackhorse23] 03/2/2023 06:56

Please refer to their own RNS in January 2023 , it's company RNS saying NO cash in bank [0.4] & loss 4.6m , how they will pay bills , wages, rent , etc??

[sep800] 03/2/2023 01:13

Blackhorse23

Possible buyout is not rumours, From the companies RNS Dec 2022

Quote
"Further, the board on Thursday launched a strategic review of the business as a whole, saying there has been limited liquidity for shareholders "for some time" and suggesting that the underlying growth potential of the company might be better realised "under an alternative ownership structure".

The review may or may not result in a sale of the company or some or all of its business and assets, In The Style said.

The review puts the company into an offer period"

Lincoln International LLC, a Chicago-based investment bank, has been appointed to assist with the process.

[sep800] 03/2/2023 01:02

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 :-)

[blackhorse23] 03/2/2023 00:14

Going up without substantial news & rumours is dangerous, company nil cash in bank & 4.6m loss 22-23 RNS , DONOT SEE ANY FUTURE BUT good luck if anyone make money

[comedy] 02/2/2023 16:38

lol will it crack off tomorrow???

[tomboyb] 02/2/2023 16:27

below 8p and back -

[tomboyb] 02/2/2023 16:03

almost 20mill traded -

Fairly sure MMs are short here -

Apart from the churn -

[kubera369] 02/2/2023 15:37

Should rocket quickly to 12p and then 20p+ similar to MMAGITS: IPO at 200p.Fallen 25p due to ii selling£3.2M cash and 0.5M additional debt facility at the end of Dec-22.Seller out (Naim and LO).New buyer just in John Carter - Managing partner at Hollyport CapitalhTTps://twitter.com/TedTrader4/status/1621156835154882563?s=20&t=YT82CyUdZPfZCobk0yBQwQ£46M revenueMCap £4.3M

[aberloon2] 02/2/2023 13:51

Bit of interest in the other place regarding this stock, claiming seller is out! Will be interesting if correct.

[hope67] 02/2/2023 13:40

brakes are coming off at last

[comedy] 02/2/2023 13:32

lol you'll miss the knock on 9p door;)

[tomboyb] 02/2/2023 13:28

Gotto go -

back in half hr -

[comedy] 02/2/2023 13:21

lol get the balloons and whistles ready:)

[1speedster] 02/2/2023 13:21

They had Relevant securities owned and/or controlled: 1,333,343


They sold 900k; it bears reading the RNS. Most probably, they are completely gone.

[comedy] 02/2/2023 13:20

and we have kick off;)

[comedy] 02/2/2023 13:15

as penny sinks in...cant buy lol

[comedy] 02/2/2023 13:14

tom that was yesterday...plus that's not a significant amount.

I've got more.

[tomboyb] 02/2/2023 12:51

Thanks -

Lombard at 0.82% -