I must confess also that I am looking for a retrace nearer 5p as a top up opportunity, should funds become available. But that's more about my own cash position than any real idea of where the sp will go. At some point there will be a predator here, tho I suspect that's a year or so away yet.
Fair enough, your call.
Thanks for the feedback. I have looked at the webcasts and RNS. I like the story but also conclude that it is a long term high risk investment which had already a great run this year. I will probably buy some but I'm not in a hurry and want to see first of the gap around 5p will be closed during August which is usually a pretty volatile month for shares. In addition to the above I'm making a good return on Flybe which looks IMO very strong from both a technical perspective and as a fundamental turnaround story (you will see my commets there if you like) and think that it could close the £1.15-1.32 gap before too long and that profit might come in here. Well done to all the investors that stuck with this stock (ie I bought and sold around 3p as very little happeneded for a long time).
General meeting 21st August
Guildford, UK, 29 July 2015: Further to the announcement made by the Company on 10 July 2015, ReNeuron announces that a Circular has been published and posted to shareholders in relation to the placing of 1,367,411,939 new ordinary shares at 5p per share to raise GBP68.4 million (before expenses) and a waiver of the obligations under Rule 9 of the Takeover Code (all of which remain subject to approval by shareholders at a General Meeting to be held on 21 August 2015). A copy of the Circular will shortly be available on the Company's website at the following URL: http://www.reneuron.com/investors/documents-circulars/.
Thanks for the reply will look into it this evening.
Suggest you watch the webcast fro the last RNS. The current projects are on track, with a blue sky upside from the exosomes. In the end you have to make your own call, but it all looks pretty good to me. And it's not O & G.
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