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Be assured this is a confident buy! An ii buy who didn’t get in on the placing but is prepped to pay way above it! This placing was indeed a positive event! Can you all see this now? I hope so!
I’m worried for MADGE however our shorting brother from another mother is MIA and hasn’t been seen since early this morning…I suggest he’s closed his ridiculous short and now operating on another parallel universe as a ramper extraordinaire! If he’s not done that then good luck fighting against the world and his wife now to get hold of a decent amount! IMHO DYOR
12-Mar-24 17:07:28 32.00 401,282 Unknown* 30.00 33.00 128.41k
£128k late buy showing
Not too shabby hey? Oversubscribed and a nice $12 million in the bank to take them through to takeover. International kidney day on Thursday. Hoping to see a bit of coverage.
Placing all already sold out and now the Takeover
Christopher Mills*
10,072,500
10.1%
4,000,000
14,072,500
9.6%
Icahn School of Medicine at Mount Sinai
14,619,352
14.6%
9,360,374
23,979,726
16.3%
Strike that 10 million we have an upsized placing to bring us even more cash 12 million! They all want a large slice of this pie! IMHO DYOR
I agree DiscoDog and the placing shares won’t be available for quite some time 47 days in total and why would they sell at these levels? They won’t they will hold and won’t be letting go anytime soon! We are ok we are not going bust! We have a premier top tier BIGPHARMA takeover offer winging its way here and in a strong position to negotiate with 10 million injection of capital which demonstrates the confidence from the market in us and backing of ii! IMHO DYOR
That’s because US sees the bigger picture here not a whole lot of some daft punks day trading and spread betting it like UK1 The MM shake has had little effect I see as encouraging buyers in again! Petro put a sock in your fantasy US stock prices it’s up significantly up!IMHO DYOR
Just checked Nasdaq. It's up to the equivalent of 35p. Which is why we're up. Happens every day. Big volume. Aim is embarrassing.
petro poppy**** are you wanting in well it’s 33-34 to buy some! then nt straight in! mm have nothing to field off the demand! imho dyor
Looks like pumpers all getting out the back doors. US dropping hard.
We could finish blue today, placing done and take over bidding incoming. let's go!
50p gap to fill and test 70p
33 to buy for small amounts if you’re quick then into NT! US appetite gobbling them up pre market now! IMHO DYOR
MM now slowly upping the real bid price by stealth on any sells looking sorely desperate to get some stock into NT again on buy side as they are about to be swamped! Sellers lol you’re being mugged off somewhat! IMHO DYOR
32 on the Ask now told you it’s going to blow! US market will see this as company saved cash in bank now and an option of lucrative takeover deal with a stronger position to negotiate an even better price! If you haven’t closed your shorting bets gents then there’s no helping you! Someone shout out for Madge to log on quick lol! IMHO DYOR
Negotiated Trade to buy now so where are those cheap shares going to come from now any holders who got stupidly spooked have sold and transferred into more patient and practical hands! Expect a bit of a whoosh up now back into 30’s/40’s and look even Flava who was siding with the shorters to gain his entry has announced his own buy in! IMHO DYOR
Correcting an earlier post of mine. Unicorn took 1.1% on 4th March after the takeover announcement. Pentwater took 4%. The latter have specialist teams for health and AI. Hmm. Total coincidence?
Apologies for my earlier mistake.
Hawker, yeah the shorters seem to be implying that Christopher Mills involvement and Harwood's involvement is no biggie. Harwood were small cap investment fund of the year in 2023, taking 1st, 2nd and 3rd place. They specialise in M&A and helping small companies to realise their potential. Mills has had several 10 baggers in his portfolio. This will be a 7-8 bagger from here, assuming the consultation goes well. The problem with looking at the sp day to day is that it's stressful and people sell causing volatility. This is only going one way - give it time. Shorters are making some ridiculous and nonsensical comparisons.
The US insurance industry finishes it's consultation next week. Recommendations to follow thereafter. The price is set at $950.00 a test. 10 million people in the US have diabetes 2, predicted to rise. If nothing is done kidney disease will become the 4th biggest cause of death in the US. Something will be done. There's a Democrat in the top job. Thank goodness.
LOL... Brilliant replies!
Fwiw, I would't be surprised to see the shares close flat to up on the day today.
If I had participated at 20p in the round, I for one would be happy buying a few more at 30p, otherwise why pay 20???
Muhammadali 🤣🤣 Why Why 🤣
Congratulations Muhammadali, idiot post of the day.
MAJWandCo, I held #NNN stock during the peak COVID period and made a significant amount of money, similar to NCYT and other COVID-related stocks. However, Trevor Brown seems to have inflated the stock price through paid media coverage and sold off Braveheart holdings, similar to what happened with #RCGH. This tactic, which also involved getting Dr. Cave for TV appearances and ordering unnecessary mask production machines, is a red flag. Luckily, I escaped with a 50% loss before the collapse. The moral of the story: Always have an entry and exit strategy.
By the way, I just bought 10k worth of shares here. Let's see how far this will bounce back to the 70s or more.
MuhammadAli best stick to boxing mate! Lol! IMHO DYOR
Potential suitors will wait for the company to bleed and run out of cash and will buy it for next to nothing.
Today's RNS was poorly written by an amateur and not a businessman.
...@UH, I also think your point about the raise coming at 20p and not 7-8p is hugely significant and completely shatters the bear case that this is a bankrupt company without suitors. What if there's a cash bid announced tomorrow, the shorts will have nowhere to go to cover their shorts and the larger shorts of Armistice, Millennium, Citadel, etc likely wanted to cover in the $10m raise, but I would be surprised if they got allocated any shares and I would expect them to be covering imminently, well after they short a few more to spook the pumpers and dumpers and improve their chances of covering that is... There's a name for them and their destructive shorting activity, but I'm unable to post it on this forum.