Tintra Investors - TNT

Tintra Investors - TNT

Best deals to access real time data!
Level 2 Basic
Monthly Subscription
for only
Monthly Subscription
for only
UK/US Silver
Monthly Subscription
for only
VAT not included
Stock Name Stock Symbol Market Stock Type
Tintra Plc TNT London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
2.50 4.76% 55.00 15:12:58
Open Price Low Price High Price Close Price Previous Close
52.50 50.00 60.00 55.00 52.50
more quote information »
Industry Sector

Top Investor Posts

knigel: Tbh there’s no point asking investor relations in my view since we will know the initial funding price within the next month - probably within the next two weeks imo !
intoodeep: People may have missed this Richard Shearer, Tintra CEO, said, "I'm pleased with the reception our model has received from investors over the last couple of months of discussion. We now have sufficient soft commitments from a number of prospects and are moving into the due diligence phase of those discussions. The deal with TMC2 had a positive impact on closing out the final stages of the prospecting process. The fact that this is the same team whose AI inventions in Mashtraxx, which sit at the core of the multi-billion-dollar Triller app, is now focusing its incredibly impressive skillset on helping Tintra solve the RegTech gap was material in progressing some of those discussions."
alloa2003: We could see management buying, or new investors coming in, at any point.
intoodeep: But most people stay in for years either because their shares are appreciating along the way or they have taken too big a hit to sell without taking large losses. Anyway, this is a share that has it fair share of stale PI bulls (as we have seen) and large "strategic" investors who have paid premiums for their stakes. Hopefully the news flow here will provide some positive guidance going forwards and Richard will have learnt to limit his ramblings in future.
intoodeep: This hasn't really helped has it: "Speaking personally, I have no interest in what the share price is doing today or tomorrow" "So that investors have an idea of what to expect. This new head room allocation is intended to be broken down into a placement of around 15% for the balance of Series A and then a Series B/C round of 10% during Q2/Q3 next year." So we know we can expect to see Series A come next but what that will look like is anyone's guess? Is it perhaps 15% of the £10m they are looking to raise over time, so £1.5m going to Institutional Investors next but at what price 80p, 150p or something much closer to today's price?
alloa2003: The Bunty Hunter, agree with all you say. This is a classic crossover point between an old business and a new business. Pessimists looking backwards, optimists looking forward and the shares stuck in between. There will be institutions who dont want exposure to FinTech who will be sellers and others looking to get in at some point but maybe wary of the next placing. Taking a step backwards and looking at this from a distance, ignoring the last rambling announcement, the management are VERY VERY clear what they need to do. They have seed investors and stage investors lined up in the US, they know the market inside out and know exactly what needs to be done. If they can excute the plan this will be a HUGE game changer for money laundering regulations, etc. If it becomes the norm, this company will be massive. Each step forward derisks the long term plan and while it wont happen overnight, when sentiment does change, the past is left behind and the future clearer, we will then see the full value.
intoodeep: As I have been saying for months, he is on a mission here and delivering. The market is clueless in it's rating here and AIM investors clearly don't get it. Explains why Richard is taking to company onto the US exchange but the AIM listing is a total waste of time at the moment in terms of recognising what is happening here. Any other company would seriously re-rated on recent news but instead we get a 3,000 share seller and MMs dropping the price. No wonder those large Asian and UK investors were so keen to take large stakes that they paid premiums to get their shares here. This will move and when it does it will be so huge people will be asking themselves how they missed it when it was so cheap to buy. Let them go rainbow chasing the likes of SYME and other sub penny shares so they can boast of having millions of shares in a company, this is where the real value will be shown.
alloa2003: These small annoucements are starting to come together now:- Commencement of Trading on OTCQB Venture Market As announced on 30 July 2021, the Company has been engaged with OTC Markets regarding a cross-trading facility on the OTCQB Venture Market in the United States (the "OTCQB"). The board of directors of the Company (the "Board") is pleased to announce that this process has now completed and the Company's ordinary shares of 1 pence each ("Ordinary Shares") will commence trading on the OTCQB before the end of this week with the ticker "TNTAF". A further announcement will be made prior to trading commencing. The OTCQB is designed to allow developing international companies to be publicly traded in the United States. The Company believes that having its Ordinary Shares traded on the OTCQB is a cost-effective solution which will provide enhanced investor benefits, including easier trading access for investors located in the US, and greater liquidity due to a broader geographic pool of potential investors. A market maker will be appointed in the US to support the trading on the OTCQB. The OTCQB is recognised as an "Established Public Market" by the U.S. Securities and Exchange Commission (the "SEC"). The OTCQB is a leading market for US and international companies in the entrepreneurial and development stage. Trading on the OTCQB will have no impact on the trading of Tintra's Ordinary Shares on AIM and no new Ordinary Shares will be issued as part of the cross-trading facility. Tintra will continue to rely on the announcements and disclosures it makes to the London Stock Exchange and will have no Sarbanes-Oxley or SEC reporting requirements. Richard Shearer, Chief Executive of Tintra, said: "As described elsewhere, we are executing on our strategy to build a global banking infrastructure that provides banking services and unlocks value in emerging markets using artificial intelligence to solve the current compliance gap. This is another step on that road map. Whilst the UK is becoming more and more evolved in the fintech arena, it remains that the US is the global driver in the space and more precisely, in AI. Further, many of our conversations with institutional investors have been in the US and we believe giving retail investors direct access to Tintra via OTCQB needs to be an integral part of our plan as we execute on our strategy. We are building a truly global business and by giving investors in the US direct access to our stock we believe we may be able to access deeper liquidity and scale faster than in the UK alone and I personally hope that this illustrates our seriousness in succeeding in what we have set out to achieve.
intoodeep: and 80p should be the base ie what our Asian investor paid for his shares Asian Investor No of shares: 359,006 Price Paid: £0.81 Cost: £290,000 London Investor No of shares: 300,000 Price Paid: £1.57 Cost: £471,000 So that's 659,000 shares recently bought at a cost of £761,000 in total by new investors here.
intoodeep: Just gets better and better, clearly these new investors can see the potential here. Shares in Issue: 12,729,533 Shares Held by Management and Other Investors: 9,972,111 % Shares Held by Management and Other Investors: 78.84% % Free Float: 21.16%
ADVFN Advertorial
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20211129 06:23:29