IntelliAM aiming for significant growth with £5 million Aquis IPO. Watch the video here.
"Some say I was wrong predicting 2p"
I mean, you were objectively wrong. It isn't 2p. Also you got the direction wrong. It went up, dramatically, by the new year. Although obviously if timescale doesn't matter anyone can be right with any guess. Also your spelling is such that you're either drunk or six, I'm not sure which.
But it's not 2p
You're correct, the EMS has been increased to 200k from 30k, or £5000 approx.
"The DMM (Designated Market Maker) for the stock must hold a pool of that stock to ensure liquidity and an orderly market"
Yeah, for this share I believe it's 30,000 shares, almost nothing. The MMs influence here is almost purely theoretical, as the volume of shares traded through them speaks to.
You predicted "2 pence by the new year" in mid December when the share price was 2.22p, so you predicted a 9.9% decline in price.
On the first trading day of the year the share price was 2.98p or a 34.3% *increase* from the date you made your prediction. This means your prediction was incorrect by a whopping 43%!
It'd be incredibly difficult to be more wrong than that. And that's why all these traders never make money.
"requires around 100% GROWTH"
To be sure! I can't imagine such a marginal level of growth, since any real growth will be in response to contractual progress which will in turn provide an infinite amount of income growth.
"You are incorrect because the post was directed at SC not SR."
Alright that makes more sense. Sometimes it's difficult to keep my twelve identities in check.
Ok you and Vince are long term holders, congrats. What's that in response to and what was I wrong about
Oh and not for nothing but me being a stickler for how I honestly believe the market works and you preferring people being seriously ill are pretty clearly defined in my ethical handbook.
"SR stop being such a confrontational tw*t."
Never!
"matching the buying ratio quite closely"
As. Opposed. To. What.
"This tripartite agreement needs to be signed within the nxt 2 weeks if its to be taken seriously by the market for the forthcoming fund raise which is inevitably coming."
I mean this is obviously not true
However the fund raise should be at something significantly below market price. Which would surely be at 5p+ as you say, post tripartite announcement
"Cheque using his old "Ducks Lined up" Phrase"
I've always wanted to meet the person who invented the "ducks in a row" idiom, makes me feel special.
Aye
I'm aware of the idiom, simple. Every quarter is indeed sink or swim for every company, that is a truism.
HF what book, there are no books
Do not engage with or question the madness.
All: a merry Christmas, an MSC contract, a happy new year, and a £1 valuation by the time it's warm.
Willswag, my aim was always £1, and while we've issued many more shares since then, I also believe we have much more profit potential versus 2016 too, including increased margin, broader market and more products. About a fifth of my holding I really feel uncomfortable with so I would like to get rid of it sooner rather than later. And a chunk I would like to hold onto indefinitely to see where we go. And the rest is probably around the £1 mark. I genuinely believe we'll hit it over the next year.