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I’d imagine it’s a glitch as it showed 112 million volume yesterday when I looked and it’s knocking on for 60 million today….it’s nothing to do with bankruptcy as shares just get cancelled in that situation and we’d have an rns…and it can’t be a takeover either….just a glitch imo
There is talk of a hedge fund closing - but I’m not aware of a fund that had so many shares.
Anyway if we are stuck in limbo, why should a hedgefund be allowed to transfer shares.
We are not talking about a big market cap - it’s about time the administration issue is sorted now so we can all move on either way.
If that report is accurate, it represents over 40% of the issued equity and requires a statement from the Administrators at the very least.
Hi RoxburyHouse,
I'm hoping the same....otherwise, why would anyone transfer shares which are currently "worthless"?
Furthermore, this transaction cannot be a member of the public and has to be by someone in the know? In which case there should be a formal RNS notifying the public what this is in relation to?
Based on absolutely nothing I’m thinking that those shares were txfered as payment rather than £ to someone? (Administrators?)
I bought heavily into 4D two days before suspension dohhhh and no doubt like most people here have written this investment off but it would be nice to get something back.
Either way I wish they would just get on with it because it was the push I needed to pack in dealing with shares (gambling) and want to close my accounts down but can’t because of the share.
Yahoo finance is saying 80 million volume today and up five percent. Weird
jack is it only today that you have noticed this as i hve not been keeping an eye on it ?
on yahoo ,its showing 55 mil so far !!!!!!
exactly , how is this possible ?
That seems illegal! The shares are suspended.
Someone has got £200k for some shares valued at 0p, or someone has got cheap shares prior to some news and relisting at a higher price!
This should be explained.
BB
Bizarre. Don’t get hopes up though. We will find out.Probably administrative.
£200k trade posted today - what's that about ?
Okay nothing new nothing to see
Bye
Any update tia
From looking at some of the 4D staff on LinkedIn, the company were still hiring people in Jan to March of this year when they really should have known their funding troubles. Really hard to fathom. I think they just thought they could drop the clinical data in March and suddenly investors would come flocking to fund them.
Andrew
And when I am on a roll I have to ask myself did this major shareholder who was selling for ages know something behind the scenes. We were aware he had lost millions on a previous bio company that went bust and we thought he was having liquidity problems but was he?
Come to think about it they had £1M pounds to lose themselves so could they easily afford to lose this money but also lose their reputation as well. Something wrong somewhere.
They always said we had funding until September. The board had experience in financing so how we all arrived here is very suspicious to me. They always said we had excellent relations with Merck etc. They gave themselves massive pay rises and were recruiting top people. They said the science was sound collaborating with key businesses. Something was not as it seemed somewhere.
This is the fustrating bit Fort - the shareholders were totally unaware of the loan default and subsequently have no say / input into the admin process.
Fustrating, considered we funded the company!!
Or any suggestions when we could hear any news next?
Thanks
Good evening crl123, what's the screenshot for please? I have/had a holding , any news would be good.
Farsdak
Sorry
Colin.lawrence@talk21.com
Enclose screenshot of shareholding.
Group
Open to all holders.
Come on Frankenstein, give us a few sparks of hope in bringing this back to life.
If it did come back out of admin, would Duncan and Co be back at the helm? I just can’t see any faith nor trust with them leading the company going forward !
I know it’s only another glimmer but I was just musing the current dollar/sterling exchange rate which is now around 1.10 where it was around 1.24 at the time of administration & from memory I think we had 7.4 million dollars on deposit( or just under £6 million) at the time , but at current exchange rates it’s more like £6.8 million now which is a significant jump if it still remains on deposit of course, and not been paid out as yet. At £650 an hour for interpath it won’t do us any harm 4 sure . GLA