London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Where is it showing 37% it’s showing 11.76% on LSE.
Hopefully the spread will keep the ramping/de ramping day traders at bay. They are a pain in the ar$e on these BB's for serious investors!
That was a earlier trade.
Still up.
Whoops then straight back down to 4.25 tee hee hee
It looks like sellers are done.
Nice steady tick up.
Massive spread this will settle later today.
Could see 6p sell 7p buy when the afternoon trades comes through.
Redx up 30% on google lets see what happens!!!
Looks good for a nice recovery.
spread is a good thing stop day traders and will recover to a nice level.
Could we see 8p today it could well recover nice today.
Can anyone with level 2 let us know what it's looking like.
The spreads are ridiculous.
Moni - you should have said 'getting away from Aim to get away from morons like you'
Tick up. Clear out the traders and should rise steadily to a more reasonable level
Petroinvestor, lol
The reason they are leaving AIM is because of the ridiculous valuation, they just got £14 million from investors in Nov and getting another $10 million from JAZZ Pharma, dream on and come back next week.... JMO ADYOR!
That was a sell Davey. 100 percent.
Petro is FOS. Look at his posting history
Does seem to be a ramp crew. |I have 200k now. AJ Bell. Will need to research hows to go forward with them. I will slice some if it rises. If not, I will hold.
That is my plan
Re Davey50
Mine are in SIPP so will just hold on until company delists or relists on NASDAQ as some point or PE buyout, as that's where I see this going despite the recent denial from Times article. It says in last weeks RNS the company BOD residency will be moving overseas, well that means US and one imagines at some point NASDAQ, an £80 million company that just signed a massive $870 million MOU with JAZZ Pharma including $10 million up front payment for KRAS, doesn't become worthless overnight one assumes? JMO ADYOR
I'm hearing placing news incoming. I will stay away for now, come back next week and buy it for dirt cheap.
Just had a 25000 fill or kill rejected at 4.5p and quoted 5p, massive seller out I'd say and another huge trade printed
Ooh NT to buy out of nowhere. I was getting quotes for 300k+ first thing
I doubt anybody will be holding by them moniman, the gamble is a bounce before then, huge volume and a monster 5 mil trade went through at mid price.
What are you day traders going to do when this delists on 30th April as not many brokers will want to take on you 5K holdings I would assume? Unless of course you hope a bit of daily ramping on here will make you a small profit before it delists which I believe is your modus operandi?
Price has held so this must be the bottom.
should see a lift as the day progresses.
may be 5.5/6p later we should tick up nicely as more interest comes through.
Ive taken a few more this am too. its all buys but the price is not movning
Could see strong bounce -100k buyer appears
The same as what the 84.64% will have is the simple answer to that question
From the REDX website - https://www.redxpharma.com/wp-content/uploads/2024/04/Redx-Pharma-Lighthouse-240402.pdf
Para 1 - "Redx is proposing to delist from AIM and to re-register as a private limited
company. A General Meeting seeking shareholder approval for the
cancellation of ordinary shares, re-registration, and adoption of New Articles
will occur on 19 April. If approved, which requires >75% of shareholders, the
ordinary shares will be cancelled effective 1 May. Redx has already received
irrevocable undertakings to vote in favour of the proposed delisting from
certain shareholders representing c 84.64% of shares."
What is the significance of the wording regarding the cancellation of the shares, what will shareholders have after 1 May?
Well, if it rises. Take some off and leave the rest. Win win.
Moniman, its a gift at this price. Delist or not. Its a voluntary delist. I dont know why all the fear