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This is being delisted May, the news bombed the share price, but CEO now used that to buy 30k.
These shares before de-listing have a tendency to bounce big, possibility of doubling or more.
( Ps forgive me everyone - Oapk ..also have a look at ECR - looks to have found gold in substantial quantities for the first time to poss begin commercial open pit. Gold high as ever. 0.6- 1p on cards (Doc holliday director - that works both ways)
Just had two letters from HSBC ISA & sharedealing accounts. The Redx pharma shares will be sold if you don't contact them by 25th April. Otherwise you will have two choices get them to transfer them to a broker of your choosing by 22nd May or receive a share certificate. HSBC will not allow the shares to be held in their ISA or Investment accounts. Has anyone else chosen a new broker yet that is accepting the shares on nominee account? 🤔
Moniman Not a chance this will be in the region of 15p plus.
Director buy at 7.5p we will be into 10p range next week.
Then week after into the 14/15p range.
Just look at men share price that is also delisting.
8p by the 30th April that's where I see it imo! Adyor!
Look at MEN share price today also delisting soon.
When news broke fell to 6p.
Today it hit 22p dropping off to 18p now.
We will see this soon on here.
BOOOM 10p very soon.
I do hope that you day traders get burnt jumping in here...JMO
I hope I doesn't rise before the delisting in 3 weeks time, the Day traders will have to get out pronto...I think 8p max JMO Adyor.
By no means certain, but I can see this breaking 10p before delist on past behaviour of delisting companies.
Traders may have a few days play here..
Could hit 15p. Could fall flat. To be seen, but I'm in for a small amount today.
You won't be 'locked in' because a trading facility is arranged.
I sold on the rise. On the pull back will invest long term. It's not it's anymore. It's confirmed. Traders will leave investors will replace them.
As for here I see a slow rise but a pull back before delist date as some holders let go not to be locked in.
I'll decide where I stand before Delist but doubt it will break 10p
I have taken 100k in WSG at 3.5p ouch!just hope it doesn't turn in to a s h i t show like years ago when it was guaranteed to go over a pound and the contracts kept failing to materialize ,placings and more placings anyway fingers crossed for redx to come good.
Hopefully we will see some more director buys too.
Scmdcyp.... assuming you are not an AI Bot, why not just say 50p Boom Boom....
And I will just ignore Mouni nit not filter
BOOM its going to pop today.
10P Must hit that today.
Yes Rayte pumped it to death and then scarpered somewhere else and is pumping that to death no doubt. Oh to be delusional ramping day trader that believes they can affect the SP... lol 🤣
I took a small holding yesterday 90k after the rise on wsg. Undecided whether to hold. Nt on sell all morning. Might ride it for a further rise. Just not content to hold into an unknown future hence dumping my first batch from 4.4
I bailed as thought it had run out of steam. Its hard to call.
Will asses as it goes on but doubt I will hold into suspension. I will build a holding in WSG after pullback. I prefer definiteness not maybes
Well she could've bought at at nearer to 4p instead of 7.5p knowing what she knows,but it's a good show of confidence for us,I'm looking forward to the next few months probably should buy more.
Rayte you sold out didn't you???
Let's hope that Redx finally gets the recognition that it deserves when it leaves AIM and eventually relists in the USA or gets taken out by Private Equity, but £80 million valuation two weeks ago at 20p per share still significantly undervalued the company IMHO considering the amount of work and partnerships Redx has achieved over the years. The Jazz pharma deal of potential $870 million should have propelled the SP much higher you would have thought? One can only assume that this was the final straw for the Redx BOD to decide to leave AIM and look to relist somewhere else that recognises the true value of the company. Good luck to those holding on for delisting and one assume the day traders will be winding down their new positions very soon? AIMHO ADYOR!!!
The AIM market is going to lose a great company, corrupt fund managers and hedge funds destroying AIM unfortunately.
Finally the nan sees the light. To the moon! Boom time
Looking forward to the delisting...boom, pop its going to rocket 🚀 😀 😄 😁 😎 JMO..
I didn't think stock exchange rules allowed directors to buy shares within certain period of a major price sensitive RNS?
What a nice confidence boost that is by the ceo