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Just checked what my shares are worth
FC.k all really
Shouldnt be allowed to do what they did......
Ten grand down the toilet. Held these for six years. Was stupid back then obviously. Loss aversion stopped me taking a hit earlier and now that ten grand is worth less than a hundred quid. The money was hard earned.
This BoD has blood on their hands.
Biodesix has a Market Cap of 134.897M and my broker has it on platform .
No idea what BIODEXA Market Cap is ? My broker will not add on platform .
BIODEXA Can not find any info on this one .
This company has very similar name Biodesix ( hopefuly completely different company )
However, the company will have to raise $15 million in funding to extend the loan repayment date, with the $11.7 million raised via the private placement counting towards the final amount.
Interestingly, these announcements were made yesterday, yet Biodex shares rally today, indicating a delayed response to the news.
Biodesix’s shares have fallen 69.94% in 2022 despite the company making significant progress towards its goal of transforming the lung diagnostic testing industry.
The company recently published new data in a peer-reviewed journal validating the use of liquid biopsies and NGS techniques to provide clinical information for patients with cancer.
Scott Hutton, Biodesix’s CEO, said: “This transaction marks another important milestone in the Company's effort to build an enduring business that will fundamentally change the lung diagnostic testing industry. This transaction strengthens our ability to achieve our vision, and we could not be more excited about what the future holds for Biodesix,”
“We believe the continued confidence and commitment demonstrated by some of our largest shareholders is a testament to our business model, the strength of our team and the huge market opportunity in front of us.”
Biodesix’s executives have also been acquiring shares in the company, as evidenced by Matthew Strobeck’s, one of the company’s directors’ acquisition of 558,659 BDSX shares at $1.79 per share on April 7, 2022. Of course, it's always good to see company insiders buying shares.
Investors did not react significantly to the latest releases from Biodesix despite the significant progress made by the company. However, today’s rally might signify that the worst is over for the biotech firm. Hopefully, the rally translates into a sustained uptrend.
After being mugged
Volatile
is this correct? £31m Mcap
interactive investor have removed MTPH and replaced with BKT14T0 but neither are currently tradeable! My holding at present appears to be completely removed but this will be for the switch over - not sure which platforms are still trading this?
BIODEXA PHARMACEUTICALS...... These have appeared on by ( D ) account a smaller number .
They still have a London ticker ( MTPH one )
Broker claimed last month no auto transfer ( as Iweb were doing )
Hopefully this indicates that infor was wrong and they have .
Price is actually drops....the artificial rise is a result of shares consolidation.
This showing 1,742.11% up this morning 17.50 Bid: 15.00 Ask: 20.00 Change 16.55 .
To good to be true and it was, now delisted .
( D ) not auto transferring to ADRS ) ( W ) Was default position .
...
Just how low will this go? Being walked down
WTF2012 -
I hold a very small amount of shares, the value has seriously decreased since I first bought them, in answer to your question for what they are worth I will do nothing, another AIM lesson learnt !
ATB with whatever you decide.
thanks for posting - I didn't know you couldn't hold in an ISA.
What do you think you will do?
This from Iweb a double consolidation at lest they are transferring for free .
MIDATECH PHARMA PLC - Important Information
Proposed Consolidation
1 New share for every 20 Existing shares.
And
Cancellation of admission to trading of its Ordinary shares on the Alternative Investment Market (AIM) on 26th April 2023.
Following the Cancellation, all trading in Midatech's shares will take place by way of the Company's American Depositary Shares (ADSs), which will remain listed on the NASDAQ under the New Name Biodexa Pharmaceuticals, with Ticker Code 'BDRX'.
To allow you to continue trading in the Company's shares we will take action to convert your Existing Ordinary shares into ADSs. Such conversion will take place on the following basis:
1 New Midatech ADS for 5 post Consolidated Ordinary shares held.
We will begin the conversion into ADSs on 3rd April 2023, at which time your Ordinary shares will be removed from your account.
Please be aware that it will not be possible to sell, purchase, transfer or withdraw your Midatech Ordinary shares once the conversion process has commenced. It is expected that the conversion will take several days to complete. Once complete the ADSs will be credited to your account and you will be notified.
Holders who wish to have their shares converted into ADSs need take no action. There will be no charge for converting your shares into ADSs.
Holders who do not wish to have their shares converted into ADSs are required to either withdraw, transfer or sell their shares (normal charges apply) no later than 31st March 2023.
Holders who do not wish to have their shares converted are recommended to take immediate action.
On 7th March 2023, Midatech announced its intention to Consolidate its Ordinary shares, change its name and cancel the listing of its Ordinary shares on AIM.
All of which are subject to shareholder approval at the General Meeting to be held on the 24th March 2023. Following such approval, the Consolidation is expected to become effective on 27th March 2023.
The New shares are expected to be credited to your account on or after 27th March 2023.
Following the Cancellation, the Company's Ordinary shares will be classified as an unlisted share. As such, neither the Company's Ordinary shares nor ADSs will qualify to be held in an ISA product. If you currently hold Ordinary shares in an ISA and these are converted to ADSs we will transfer your ADSs to your Share Dealing account. If you do not have a Share Dealing Account, we will arrange to open one for you.
Proposed Consolidation
1 New share for every 20 Existing shares.
And
Cancellation of admission to trading of its Ordinary shares on the Alternative Investment Market (AIM) on 26th April 2023.
Following the Cancellation, all trading in Midatech's shares will take place by way of the Company's American Depositary Shares (ADSs), which will remain listed on the NASDAQ under the New Name Biodexa Pharmaceuticals, with Ticker Code 'BDRX'.
To allow you to continue trading in the Company's shares we will take action to convert your Existing Ordinary shares into ADSs. Such conversion will take place on the following basis:
1 New Midatech ADS for 5 post Consolidated Ordinary shares held.
We will begin the conversion into ADSs on 3rd April 2023, at which time your Ordinary shares will be removed from your account.
Please be aware that it will not be possible to sell, purchase, transfer or withdraw your Midatech Ordinary shares once the conversion process has commenced. It is expected that the conversion will take several days to complete. Once complete the ADSs will be credited to your account and you will be notified.
Holders who wish to have their shares converted into ADSs need take no action. There will be no charge for converting your shares into ADSs.
Holders who do not wish to have their shares converted into ADSs are required to either withdraw, transfer or sell their shares (normal charges apply) no later than 31st March 2023.
Holders who do not wish to have their shares converted are recommended to take immediate action.
On 7th March 2023, Midatech announced its intention to Consolidate its Ordinary shares, change its name and cancel the listing of its Ordinary shares on AIM.
All of which are subject to shareholder approval at the General Meeting to be held on the 24th March 2023. Following such approval, the Consolidation is expected to become effective on 27th March 2023.
The New shares are expected to be credited to your account on or after 27th March 2023.
That link has nothing to do with MTPH?
https://twitter.com/MKKhan95122509/status/1633981159536316416?t=-_-fYEYzmQmU6XLHj4tSSg&s=19
Hard call , I would nopt invest now because of the4 way they behaved and destroyed shareholder value , I was lucky to get my main investment out at 16.5p and then traded for a few quick profits around 11p , got stung though at 3p :-) as never saw them accepting such a sh**y deal
Have they not already had 2 consolidations? or is it just the one
What a total balls up in July 2020 these were trading at 87p
average down or bail out?
Not been a player for couple a years now and sold out all shares some 20-30 months ago, this has just gotten worse by the day, week, month since then. Don't see any posts by usual suspects that I chatted with back in the day. Now reading this latest RNS seems game they plan to makeover the whole firm, dwindle down everyone's positions, drop AIM get new blood from the states on NAZ and start over with a whole new direction. Problem is its like basically filing for bankruptcy and starting over but only the shareholders are the real losers here. Good luck all....I won't be a buyer again at least not until the dust settles.
markets pricing in this latest option being voted against - that would be turkeys voting for Christmas if it was. The architects of the failure of the bioasis bid will push this through as this is what they want. Watch a big pump in the US after AIM delisting
Raised 6m recently and now a market cap of 2m. Priced to go bust but can it spring a surprise!