George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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buy from an hour ago
All valid applications in respect of basic entitlements under the Open Offer have been met in full and a scaling back exercise on a pro-rata basis to the number of excess Open Offer Shares applied for by Qualifying Shareholders under the Excess Application Facility has been undertaken. Then you'll know where you stand - otherwise, see my posts earlier - it's simple.
Open Offer Oversubcribed On 13 June 2014, ViaLogy Plc issued a circular to shareholders detailing that the Company had: · conditionally acquired the entire issued share capital of Premaitha Health Limited ("Premaitha"), a molecular diagnostic company employing next generation DNA analysis technology to develop molecular diagnostic products intended to have a major beneficial impact on human health (www.premaitha.com); · raised £6.5 million (before expenses) by means of the Placing; and · intended to raise up to a further £0.7 million by means of the Open Offer. The result of the Open Offer, which closed for acceptances at 11.00 a.m. on 30 June 2011, resulted in valid acceptances, including excess applications, being received in respect of 11,256,554 Open Offer Shares, representing a total of approximately 167 per cent. of those Open Offer Shares available and, as such, the Open Offer has been oversubscribed. All valid applications in respect of basic entitlements under the Open Offer have been met in full and a scaling back exercise on a pro-rata basis to the number of excess Open Offer Shares applied for by Qualifying Shareholders under the Excess Application Facility has been undertaken. The Company is therefore pleased to announce that it has raised gross proceeds of £7.2 million, comprising £0.7 million through the Open Offer and £6.5 million through the Placing. The Proposals are subject to the approval of shareholders at a General Meeting to be held at 11.00 a.m. on 3 July 2014 at the offices of Panmure Gordon (UK) Limited, One New Change, London EC4M 9AF. Adam Reynolds, Executive Chairman, commented: "We are delighted by the support shown by our shareholders through the Open Offer. The net proceeds from the Placing and Open Offer will be used primarily to develop and commercialise the IONA® Test. " This announcement should be read in conjunction with the full text of the Admission Document dated 13 June 2014. Defined terms in this announcement have the same meaning as those in the Admission Document.
We may get some of the shares we asked for
looks like everyone who over applied will get a certain percentage of their excess but isn't clear exactly how much - that's the way they normally do it. Obviously some people under subscribed and some forgot so there's a few extra to go round.
Your excitement is not showing. Hooray, shout it from the rooftops, we're oversubscribed. Excellent backing for the Board and the Offer. Pity not going to get all the millions I applied for. Consolidation on Friday me thinks.
Got extra allocated?
up again
Looks like an MM spike returning to normality.
Indeed, alyhough hardly a surprise as most holders would have taken their full allocation and many would have requested in excess of their allocation
Oversubscribed !
This is the most excited I've been about any stocks I've held and I imagine we are still well under the radar of the majority of AIM investors
Not sure it is supposed to say that the Open Offer was in 2011??!
Wow nice move for us
£1.50 will happen fast when IONA is on the market fully, £5 should then follow with anticipated news and new products, I believe so.
Any more jokes like that and your getting reported.....!
Troajan - this will do well short and long term! It is an unknown quantity! What about when the NHS come sniffing? This will go crazy. Patients (get the pun!) will be rewarded...
!
Paid
more movement,it could do a cyan this,but take profits if it does,to be safe if your that way inclines.gla
Some good movement upwards...
Yes I bought in over a year ago and a very small amount maybe 500 gbp was at 1.56. I bought in and it went to 1,7 something then nose dived lol. It looked promising at the time with chevron deals etc of course when the figures came out it was clear these were worth peanuts and then the share dived. To be honest I am very excited about this new direction , very interesting especially as people have mentioned we have the possibility of NHS contact. That would be massive !! My current plan is to hold this for a while even if I am in profit I have feeling this is a multi bagger that rarely comes around.
Share price has gone above 20 day moving average,so bring in allot more buyers.
PAID
you paid 1.23? I spotted this at 0.17 and hesitated. Bought in and confident.