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What would he have to gain from awarding himself shares in a company if it's going to be delisted?
And wouldn't the board have to approve it anyway?
You will hand Lumsden a get out of jail Free Card if you stop their course of action and I am surprised people cannot see this. Except Scott on advfn!
From a friend and fellow holder:
"Read the last RNS it gives you details of downloading a proxy vote form to complete and then an email dress. Needs to be done by 27 I think. I'm doing mine tomorrow. Ticking no to Bumsden and the part of number 7"
We need to do our part to try and prevent lumsden force feeding us the utter bitter pill by further diluting holders while lining his own pockets, despite never buying any shares himself and running the SP down to a hundredth of many PI's averages!
Will do mine tomorrow. Will you do yours?
Half the companies I've been following have delayed their results because of Covid. As for the meeting, I don't know. But I doubt they have anything worth observing at the moment. I can't see what they would have to lose other than the effort and expense of setting up a webcast. So maybe it's that.
Fair enough. But why delay the results and not allow us to observe the meeting on the 30th of Sept?
"I am going to say if NO news between those dates it is dead."
That's quite an assumption.
There will be three months left from the end of October. If they're having to negotiate with several parties to arrange the sale of Iclaprim and several others to complete the RTO, it's reasonable to think that talks could go on for some time.
Plus, with last week's announcement a number of other companies looking for a quick listing will have suddenly appeared.
AGM on the 30th Sept
Interim Results on the 30th Oct
Surely between those two dates we have to have some news. I am going to say if NO news between those dates it is dead.
aye something is a afoot....in it to win it as they say....wake up one morn and boom ...aye aye.
dyor and all that stuff.
Personally I see this as good news, they MIGHT be finishing a deal and not wants to show accounts with anything sensitive?
The next red dot elsol will be leaking a bit of pee whilst doing naked cartwheels without a care in the world. Fingers crossed.
Must admit that a little bit of wee came out when I saw the red dot... Hey ho tick tock not was I was expecting
Both. just a dabble on bou but heavy in here but will take it like a man if we’re shafted. Antibiotics to the lungs is as good if not better defence than a vaccine in my view.
haha that was funny.
I’m invested in both, unsure about you. But either way with all the crap 2020 has thrown at us a little bonus payday would be good.
I’m allowed my view. That view is you’re a cuckold too
Just proving a point on BOU about an email I got. The two perpetrators that spouted misleading responses have kept quite.
Jog on Roobler, I’ve seen how popular you are on bou. *****
Trifle - only thing brewing is the crap coming out of your mouth. You have zero credibility you muppet.
something is brewing.
If its a 10x bag I and the missus will be cartwheeling naked as my profit will be north of 250k...
Why next week?
Are we talking about the right share?
If we 10x bag I’m going to be running around naked.
£100k would be the return
800% rise in one day, it wasn’t just Robin Hood style traders jumping on. This has big potential backed up by the publication Mark posted at the weekend. BF could tell us but he’s done his work, got his shares and is chilling out whilst smoking cigars waiting patiently for next week.
Win or lose I have mine too, no ramp but you all know too this is likely going platinum!
I meant the phase III antibiotic from MGB BIO not MTFB. its just reported a great phase II. So could be aligned with MTfB to get two late stage assets...in one RTO NEWCO
Elsol some months back we worked out very very very vaguely using the Arpida/Evolva rto as a template 4/1 dilution but trading at a premium to the sp at the time would have worked out at 4/5p a share But I hasn’t to add ( before someone else does ) that A. It was very vague calculations. B. It’s a different company although comparable in terms of the iclaprim asset. C. Past performance yadyadyadyada! Point is from where we are now with things going in our favour a ten bagger would be a huge result!
Somebody will want to be on the BoD or chairman to submit a monthly invoice... this cow still has some milk and it will be milked. Luckily investors cannot put milk back into the cow now.
Why would cw want to be reappointed a director in the upcoming agm? The fact he is still associated with motif is why I’m confident something will come off. How that will work out for investors will remain to be seen. As far as I’m concerned my money is lost so anything is a bonus