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The only hope is to try and get a bit more out of Ncyt. Doubtful there too, however they can afford to up it a bit. Depends how important they see this deal. Very important I reckon.
Very unlikely now.
Tomorrow is the court meeting? Still no news on another offer :(
If I was making an offer I would wait until the very last minute. Don't want to show your hand too early and possibly get into some sort of auction. As mentioned until the money is banked it's still open to offers isn't it? However does seem a little late in the day I guess!
I expect the only thing anyone would want is the Ranger stuff. If current customers like AMBRY are happy nothing will change and they all still have access then why buy Ygen? Might be different if Ncyt said Ranger would no longer be available.
Hope I’m wrong but I just can’t see another bid at this late stage.
Those here prior to the company-saving placing in December have been shafted.
You have to wonder why there hasn’t been any other offer.
Is it like a lot of purchasing, it's not done and dusted until the funds are banked?
Thursday is the court meeting. If there is another bid then we might get an RNS either today or tomorrow!!
Tuesday the last day to get your votes in I believe. Should know on Thursday the outcome.
If the yourgene deal does not happen with Ncyt then their share price will tumble because with 3.3m revenue the current level is not sustainable.
So, NCYT need to close this deal for their long term growth. I hope we get another bidder, so that we can have better offer from either NCYT or another bider.
Will they stump up a few more million though?
I hope we get a better offer as Ncyt will be hugely benefitted with this because their H1 2023 revenue is £3.3m.
So, yourgene revenue will help them strengthen their bottom line as well as topline.
The Aim casino!!
Disgraceful that companies can be manipulated like this, run into the ground, yet the people behind it can just go and start all over again!
The regulation of such activities is pitiful!
I expect they knew the backlash would occur and maybe expect to have to up the offer. I think if pushed they will offer more hopefully.
Will Ncyt offer a bit more? Maybe they will up it a little bit to get the deal done.
You may get a higher offer on rejection of initial ....the deal needs to be done quickly .. how much is dependant on rejection ....twisting of shareholders will begin stating this is the end game ..... ...Mr rees will go into panic mode pleading his case for shareholders to accept ...for there benefit
Does anyone still think we will get another offer for the court meeting?
Agreed! Anyone that want to get back at Rees et al have an avenue for this with Andyken.
If we get a counter bid then great but I don’t want to get diluted if we need to have another raise .
I’m in at 0.3p so a nice return but I feel sorry for investors who are in higher up .
Better to have 0.522p than have another highly discounted raise so I’m voting for this bid.
Thanks
It's a simple maths equation - financing costs v takeout price - the nearer the date gets, the closer the sp gets to the offer. GLA
This latest indication of a pulse in the SP has all the vibe of a living being in its death throes. LR overseeing the last rites prior to switching off life support. And then moving on to the next patient, conscience intact.
Maybe some know it's going through as planned and making an easy 5%+. Or maybe another offer incoming..lol
Call me thick, but why are peeps buying these shares? some chunky buys have gone thru.
Why the small rise today? Another bid incoming? 🤣🤣🤣 or just acceptance 0.522p is the final price?