The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Are we all rich yet?
Kettle / black
I’m biting I guess..
Novice’.. Q is ‘why’..??
Seriously have you really got nothing else to do with your time..?
Here's hoping for another good solid day !!!
lol sounds positive........
All sounds very positive to me, especially the bit about evaluating potential Reverse Takeover candidates no ?
Yeah, I got that generic message pre-suspension then got an email with the RNS
Good Afternoon,
Thank you for your email.
Motif Bio shares have been suspended which means you are unable to trade them. Trading will remain suspended until the completion of a Reverse Takeover, or the Company is re-admitted to trading on AIM as an investing company. The Company has six months to do so and the Board stated in the RNS yesterday that it continues to evaluate potential Reverse Takeover candidates and will make a further announcement at the appropriate time. If no such transaction is completed within six months the Company's shares will be cancelled from trading on AIM pursuant to AIM Rule 41. There can be no assurance that the Company will be able to complete a Reverse Takeover during the six month suspension period.
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Kind regards,
Lianne
Lianne Cawthorne
Associate Director
I know people have previously mentioned it is good to keep us of the scent of any candidate but the silence is pretty pathetic.
Looking at the link below Graham Lumsden doesn't even have equity I bet he has options so really he won't be a big winner from this.
The two minor shareholders wouldn't have a life changing sum given to them even after a x10 return
Happy to have a conversation about this but I have more stock options in startups I have worked in than these guys haha
https://tools.morningstar.co.uk/uk/stockreport/default.aspx?tab=5&vw=own&SecurityToken=0P00015OSF%5D3%5D0%5DE0WWE%24%24ALL&Id=0P00015OSF&ClientFund=0&CurrencyId=BAS
Not a huge amount. It would've been a pretty reasonable sum at the start of last year though. Either way, it looks as though getting an RTO done will be their best opportunity for another decent payday here.
Is there any reason to think they're not doing all they can to see it through?
Does anyone know the shareholder amount of the BoD ?
Do any of those chumps milking the cow have any significant reward for doing an RTO ?
Anyone contact IR / Walbrook recently? I just sent an email saying how it is pretty poor to have no updates from the BoD since Mon, 22nd Jun 2020 07:00 to tell us the account would be delayed.
What I cannot wait for is to see the BoD drawing down cash to pay for their dinner when they are not doing any work!
What do you need to do within a cash shell haha