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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
Share price 19p
Delist
Crashes to 4p
Director buys shares.
Aim
Big vote of confidence in Redx by the CEO. I'm not sure why she bought the shares with her own money, surely she would have been better off awarding herself free shares or a zero value LTIP? Very unusual move don't you think 🤔?
Today’s RNS, once again, underpins my argument that Redx is spectacularly undervalued, and is being actively chased, at these ‘fire sale’ prices, by both institutional and shrewd private investors who recognise the material opportunity on show. And the window for taking advantage of a share price sub 15p (an absolute steal) is closing fast.
And in case you didn’t notice, the London market appears to be entering into a 'new normal’ with delisting companies’ valuation staging a strong recovery back to their pre-announcement levels as investors slowly begin to realise that, the UK markets are not just illiquid, they’re completely broken and closed, and that they are actually better off diversifying (listed and unlisted) their equity investments for maximum capital growth.
Or put another way, the lack of interest in UK equities, that has seen 34 months of net outflows and left the UK the cheapest major market in the world on a PE basis, is triggering a significant step change in the way private investors view unlisted equities. The latter simply offer a substantially better return on investment, where companies like Redx can access a broader universe of specialty investors and, accordingly, a larger quantum of future funding required to execute their strategy. So why should they jump the financial and regulatory hurdles of public market life when growth capital can be easily found elsewhere?
From my viewpoint, and having been invested in Redx for the last 18 months, I strongly believe this is an incredible opportunity to buy into a remarkable business at bargain-basement prices. Period.
The company has an impressive track record of executing sale/licensing deals with attractive economics, especially given the early, research/preclinical stage of development, has provided external validation of Redx’s medicinal chemistry expertise and drug design capabilities.
Importantly, these deals have facilitated continued pipeline progress and provided non-dilutive funding to support the wholly-owned priority ROCK portfolio.
Specifically, and following the February 2024 KRAS licensing deal, Redx now has four partnership agreements: three with Jazz and one with AstraZeneca.
And to date, upfront/milestone receipts total £51.5m, with potential future success-based milestones of circa £1.3bn in aggregate plus royalties on sales.
Two words: Spectacularly Undervalued
.
CEO Lisa buys 399,000 Shares but it's only £30k.. not exactly breaking the bank is it. Just pocket change relative to her compensation and net worth. In total only owns a fraction, "Following this, Lisa Anson will hold 562,183 ordinary shares in the Company, representing 0.14 per cent. of the issued share capital."
We should have taken this share price to over 50p and then let them buy at that price.
Rns out. Director buying. This shows how corrupt. Delisting then buying the shares on the cheap instead of buying at over 30p. Really fleeced the peeps. This is not right.
Zzzzz 😴 💤 🛏 🤡 🤡
Will it pop tomorrow 10p maybe at least 9p minimum.
Let’s see the value tomorrow.
I respect your opinion.
Let’s bring that matter a close.
We will see what happens in the next couple of weeks.
Lol, freedom of speech is fine, but what's BOOM! POP! Sky Rocket got to do with Redx or any other share, it's just silly boys ramping nonsense.
I respect that…But if it is someone’s opinion it is there right to say what they think or feel , Likewise it is your opinion but with the greatest of respect to you we live in a world of freedom of speech and we can say BOOM! POP!Sky Rocket and another phrase we so wish.
You first, I'm fed up with phrases like BOOM, POP, about to sky rocket etc from ramping day traders .... now grow up.
You seem to want to wind people up on here do you have some issues if so try to keep calm and respectful and if it’s all to much for you I would strongly suggest you give this chat forum break.
It's not advice, if you read it correctly it's just my personal opinion clever Alec 😉
Thank you for the advice, I will do what have said thank you for your assistance.
I don't think it will get above 9p before delisting, maybe you'd better keep your finger on the sell but if you're day trading 🤔? JMO Adyor!
I think you not right on that consensus, it’s not going to rocket but it will go higher than it is at present that’s what I am saying.
10p is a safe figure I would say.
No it isn't, nothing will happen until it delists at the end of April, you'll just have to sit tight like the rest of us..