Discussion
egomeister said:
Whoozit said:
Sure... but a listed company would then have an obligation to announce that fact or suspicion. I haven't read all the company announcements however.
They also have an obligation to produce their accounts on time...
Did you buy?
Not sure what to make of the announcement today. It smells a bit of desperation since the shares will be suspended on Monday.
I can only assume the founder has said they will participate as they need to project confidence in the raise because it will be much harder to raise money after the weekend.
Not sure what to make of the announcement today. It smells a bit of desperation since the shares will be suspended on Monday.
I can only assume the founder has said they will participate as they need to project confidence in the raise because it will be much harder to raise money after the weekend.
egomeister said:
Did you buy?
Not sure what to make of the announcement today. It smells a bit of desperation since the shares will be suspended on Monday.
I can only assume the founder has said they will participate as they need to project confidence in the raise because it will be much harder to raise money after the weekend.
I put in 500 quid as a punt. If it goes it goes. Bit of fun really if nothing else.Not sure what to make of the announcement today. It smells a bit of desperation since the shares will be suspended on Monday.
I can only assume the founder has said they will participate as they need to project confidence in the raise because it will be much harder to raise money after the weekend.
egomeister said:
I'd be taking the profit and running in that case!
But then I wouldn't have put anything into it to begin with...
I think I'll let it ride. If I end up with nothing after the accounts issue is bottomed out to my detriment it's unlikely you'll find my body in my study with an empty bottle of scotch cradling a discharged firearm.But then I wouldn't have put anything into it to begin with...
egomeister said:
Not sure what to make of the announcement today. It smells a bit of desperation since the shares will be suspended on Monday.
I can only assume the founder has said they will participate as they need to project confidence in the raise because it will be much harder to raise money after the weekend.
It's a bit risky really, I wonder how many investors started shorting this so far? or shorting the equity and buying bonds (if they have any) I can only assume the founder has said they will participate as they need to project confidence in the raise because it will be much harder to raise money after the weekend.
If I remember correctly, they were also land-banking a lot, so they might have some potentially good sites available.ooid said:
It's a bit risky really, I wonder how many investors started shorting this so far? or shorting the equity and buying bonds (if they have any) If I remember correctly, they were also land-banking a lot, so they might have some potentially good sites available.
My understanding is that have absolutely tons of land/sites and have several projects that are about to imminently start. If I remember correctly, they were also land-banking a lot, so they might have some potentially good sites available.I guess time will tell!
princeperch said:
My understanding is that have absolutely tons of land/sites and have several projects that are about to imminently start.
I guess time will tell!
But no money, and moving into an increasingly slow property market. However that's all fairly irrelevant if you can't actually cash in your shares because its suspended/delisted.I guess time will tell!
egomeister said:
But no money, and moving into an increasingly slow property market. However that's all fairly irrelevant if you can't actually cash in your shares because its suspended/delisted.
I expect they will be taken over by a larger builder in the not too distant future. I could lose my money. I could make a couple of grand. Let's see!Large Housebuilders (Persimmon, Taylor Wimpey), stated quite lower reservations and completions for 2023. They simply started cutting suply during downturn (despite being on a much more cash-rich position than 2008).In the last annual report, TW specifically mentions about reducing their land spending in 2022, they are much more selective with new sites. I did not really look at the quality of sites Inland has so far but it is indeed a very slow market at the moment, as we can see even the giants are being cautious.
What I find odd about the whole thing (and I'm a big boy ill get over the 350 quid odd that's now clearly gone) is the directors were buying the shares all the way to the end. Steve wickes put in a million quid a few months back when presumably the writing was on the wall and they knew it
Something very iffy has gone on here and I suspect some of the directors might be wise go lawyer up
Something very iffy has gone on here and I suspect some of the directors might be wise go lawyer up
princeperch said:
What I find odd about the whole thing (and I'm a big boy ill get over the 350 quid odd that's now clearly gone) is the directors were buying the shares all the way to the end. Steve wickes put in a million quid a few months back when presumably the writing was on the wall and they knew it
Something very iffy has gone on here and I suspect some of the directors might be wise go lawyer up
There’s a guy who always posted in the Daily Telegraph and he held about £250k position, this is maybe 18 months ago and i commented that the only people who should that exposure was either an insider or a super super rich speculator because for mere mortals it was insane. No idea if he sold down or not, the real pain is for people who had these zero shares, where they payout in the future. Something very iffy has gone on here and I suspect some of the directors might be wise go lawyer up
I could never understand how the sum of the parts just didn’t come together, on the face of it and I say that because a very shrewd investor I know reckoned it was treated as a lifestyle business for years and this person is in a position to know as the board courted him. But I understand they were pretty good at finding sites and getting planning but seem very bad at construction management.
I really can never understand the IHT tail wagging the dog.
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