The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Do you ever say anything with an IQ attached , you are so well named snore.......................🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱🥱🥱.🥱🥱🥱🥱🥱🥱🥱🥱
So VT as you do on other boards ramp the bejesus out of it hoping to lure in the gullible and uneducated, then sell as soon as news drops or in this case relisted for those to be left holding. Do not listen to VisitTimor his ramping has left many holding, just look at boil.
Glad to see this board is still kept to a discussion on ICON. Some of you need to get outside more.
GLA IMHO GLALTH etc etc... bore off
Sadly for you , you cross boards moaning clueless minnie, VT is locked in awaiting a boom and already a teeny tiny smidge in profit. Get yourself checked into Rampton Hospital or Mensa to see if anything resides between your bone dome and ears , you special needs 🤡
VisitTimor how big is the bag you're left holding here?
Almost forgot , GB's link the other day, had ITS changing its share base by what was it 19 shares, that probably a good sign things are moving forwards, share base adjustments plus/minus often come into play, to have a base evenly divisible by the negotiated price agreed by the companies. 😉
Someone posted earlier , In the Style turned a profit of was it £1.2 million, say give it a p/e style range of 6-10 , gives it a valuation by that metric of £7.2m- £12m plus icon £1.116m at Brad's often mentioned, he still sees the floor as 10p, if that metric , then return £8.316m - £13.116m shares at 10p ,would give a return of 83m - 113m shares.
The market will then see that as a say £8m mc company with current revenues closing in on £50m and seemingly set to increase, in terms of both revenues and profits, so like on many previous ipo/rto's , would see that as too wide a gap.
Rapid correction and find its new floor and trading range, until further news, raises or lowers the bar of expectation.
GLALTH............ 🤔
Back to snooze and zzzzzzzzzzzzz's , until Brad breaks the silence....... a little 🤑🤑 or 💰💰💰💰💰💰💰💰💰💰➕
As for value and shares in issue at the end of the negotiations, only those involved will know, until an update RNA message over the rns news wire, lets the rest of us in on the details.
One of my others currently undergoing rto , gave an immediate heads up, the target company in negotiations with would be valued at between £6 - £8m and the company itself would be determined by the final figure agreed, as being worth the higher of £1m or 15% of the new company valuation.
So pretty easy to calculate a ballpark number of shares and return value. In icon case or whatever name In the Style or other it returns with, until some meat put on the bones via RNA update/s, all is guesswork, been in a hell of a lot of rto's and the one thing for certain the valuation is always conservative and never close to revenues, hence majority of returning rto companies , tend to boom.😉
Totally agree Jarem, as said before , we are in the long game, the return to market is 4-5 weeks, now up to all parties to make agreements and get the new company signed off and submit the new enlarged company prospectus.
All we can do, is sit on hands and hope Brad not telling porkies about negotiations being advanced, all long rto's are down to the companies involved, first getting the deal done, then having all paperwork up to standard to submit to the FCA for a quick and clear acceptance , 2-3 weeks , then market 10 working days process, basically the last two steps of an IPO , is the end game. 🤔
So do we all.
I would think the hardest bit will be the negotiations with EHGO and Linton.to get them cleared off the books so to speak, I think once that is sorted then hopefully will go through smoothly. As previously mentioned can't see anything over the line until into May. We might see an announcement to tell us the proposed outline but only once ready for prospectus to be sent to FCA. Or we might just see We are pleased to announce XYZ...
They'd hurry up