Exclusive: Life Sciences Investor Briefing - Destiny Pharma #DEST, Shield #STX & Open Orphan #ORPH Watch Now
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ok bothwell thanks for clarifying.
I was only posting incase there was something of interest. This really is scaring me now how much the SP is plummeting. My fault. I trusted JM to get this right.
couldn't agree more bignose.this was very much my point yesterday in my 13.08 post.we can only hope that something happens to improve the s/p before there is any talk of an acquisition via a share for share operation.interstingly regent did say that the new opportunity would be less dilutive than yoyo but god knows what that means.i really do hope that whatever is planned brings on board new investors as the yoyo debacle has i think caused a very severe lack of confidence .
The problem now is that with the current share price, how many shares are they going to have to issue to aquire anything related with the CBD since it surely won't come out of the loan facility ? Given that the original discussion was at 0.25HKD which we have dropped 35% from (and I am sure they will have to give a further 15%, at least, on the current price and that's only if they do it now and not next week or the week after when the SP could be even lower). Where does that leave the existing shareholders wrt dilution. Could it not end up being huge and quite crippling ?
bothwell apologies but what are we looking at here? which bit of the apple news is the one you are interested in?thanks for clarifying if you will.
every announcement is the same. " we remain positive...excited'' what opportunities are they talking about because this has gone nowhere fast when we should be entering an exciting phase for the company
It’s a shambles and upsets me if we have been deceived.
Totally agree. Nothing we can do but hold on, cross our fingers and hope!
silence from the company, no updates on what is going on. statements telling us how positive they are. absolute shambles from some of the staff here. also, how can the value be so low when a hk listing in itself has value
keith agree with all that.personally I'm hoping something may come out of the chinese opportunity whatever it is but I've no real confidence that it will.no intention of throwing in the towel but suspect thats a triumph of obstinacy over reason.gla
To be honest, I thought several months ago that this share had bottommed out and was beginning to experience some unusual positivity. The Yooya project tickled my fancy but this didn’t last long. I find it difficult to find the merest crumb of comfort in the company’s feedback to investors. The SP needs a meteoric rise for me to even bail out with the same amount I invested. Ugh.....
disaster indeed bignose.i felt the yooya debacle was very bad news but its turned out even worse than i expected.no new investors,no clear path forward and and an S/P which is not going to support any significant acquisition on a share for share basis.no idea where we go from here!
They are treating us like idiots. No response to emails and I believe they are taking the share price lower. Jokers.
What a disaster. We are now back at nearly the same Market cap of PLE before the TO and Jamie's salary is now verging on 4% . Seems there is No value in anything only the rented office space, even no value of a place on the HK stock exchange.
So who has bought the millions of shares that have been sold in the last 3 months, they now don't want them unless they are at a giveaway price. In the last 3 months the SP has tanked by 38%. Its got to go up by more than 50% just to get back to 0.25HKD
Onwards and downwards.
8 sales.no buys.value of sale £10,300 sp fall 5.3%!
now updated and showing mellon at 31.48%.this includes derivative interests under the CLN scheme which i am assuming do not apply for the purposes of triggering a mandatory offer for the other shareholdings.certainly hope so anyway as no desire to see us bought out at 21/25 cents.
well said keith.my sentiments exactly.very glad you have found Rosie.please give her my regards.
on a serious note i actually found heimdals summary very helpful as a reminder of the various issues and hopefully opportunities which await over the next couple of years.whether any of them come to fruition in a way which positively impacts the s/p is anyone's guess but i'm trying to remain optimistic despite the dire s/p performance
No cynicism here. I've found Rosie and am looking forward to to the future with renewed enthusiasm. Everything has been handled with tremendous professionalism and expertise so far. Good old JG has more than earned his millionaire status.
do i detect a note of cynicism keith? and who is this Rosie and why are you looking for her?
Phew....that’s ok then, everything is looking Rosie. Only 60% down st the moment. All looking good for LTHs.
Hold fast fellas, plenty of news to look forward to within the next few weeks/months:
- Update on CBD development in China
- Confirmation of completion of FDA Phase II validation study
- New launches in Greece and Romania by Recordati
- New launches in Hong Kong and Macau by Orient EuroPharma
- ATO settlement
- Update from Wanbang on application for clinical trial approval in China
- Payment receipt of US$4,000,000 from Wanbang
- Maybe also some positive news on licensing agreement(s) for North America, India, Middle East and/or the LATAM region.
It is very positive that Recordati has re-launched Fortacin™ in France, Germany, Italy, Portugal, Spain and the UK - showing commitment. Indeed, as bignose pointed out, Fortacin is a world class product - just require brand awareness.
Hang in there guys. Fantastic opportunity to pick up a few more shares at these levels.
Now 3.767%..... I wonder how long before he is paid more than what the company is worth..........LOL
At the current SP (0.172HKD). JG's salary is a whopping 3.72% of the market cap....... WTF
Bothwell, yes, if you believe that Fortacin revenue is critical for RP's continued survival.
I can bang on about my rationale for this statement but instead I'll leave you with a quote which I've used for years when teaching pharma business development. Ironically, it's lifted from an analysis of Viagra market development:
"“The single most revealing measure of an innovation's economic value is the market's response to it.” (Alison Keith)