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Are all wrong
The price is in US not Canadian dollars
Current value £1.55 plus 20p
Thanks for the info guys. I'm new to this share game and SALV was my first purchase. I knew about the demerger but had a minor panic when I saw the drop yesterday 😊
Yes, that’s right. There is also the possibility of more to come with the promising holdings within the portfolio as well as the outcome of what will become of this Salvarx shell.
so after the calculations it would appear we are sitting on a tidy profit after these 18 to 1 shares ? or am i missing something? thanks guys
The RNS. States they will begin posting on the 15/01/19.
any idea when we will be given these shares at the 18 to 1 ratio ? so we will now when we are given the shares have a holding of salv and portage ? thanks for the info guys
Yes. That’s what it equates to.
So am I right in calculating 18 Portage shares (currently @ 11 Canadian cents) = 0.11 x 18 = Can$1.98 = £1.17 sterling + 20p SALV share price on AIM = £1.37 SP
Please confirm.
Yes 18 Portage shares for every SalvaRx share. You also get to keep the shares in this “shell” which also holds Portage shares. Jim Mellon has a fantastic business that is due to join the market Q1 2019, which would make good use of this listing. Look at those involved and the prospects could be amazing.
Have I just lost 86% of what I had yesterday or will we get some portage shares soon?
Interesting that the remaining BOD are all Juvenescence BOD
I think it’s the future potential of this Shell which contains a holding of Portage. It has been linked to the fantastic Juvenescence, which is looking to float this Q1. Both Jim Mellon’s ventures.
Yes - it is pure madness to buy such a big gap. I thought to buy but when I see the gap decided not to
With such a high spread im not sure it would be worth buying
It?
But don’t understand how do I calculate - what will be the best price to buy it .
Disposal of the companies 94%
Whats happened here?
Last chance
The silence is deafening!!
Thanks to the seller for dropping the price for my top up!
I am not in this anymore but it looks a very good oportunity to start in a different market.
Plus a shell.
It's probably best to speak to your broker about this. They should be able to advise you.
does anyone have any knowledge on the warnings for holding this in a uk sipp? it talks about if the company is delisted it could be difficult to sell these shares
Very informative, thanks.
https://web.tmxmoney.com/article.php?newsid=6230640668316086&qm_symbol=PTGEF:US