Member Info for BHarris

I haven't or won't be accepting - I think the company, as proven by the latest report is undervalued and is worth at least 80p - £1 above the 370p offered. The offer has helped the share price to recover but there seems a reasonable chance that the performance of the business over coming quarters could see the price rise to in excess of the offer by the time the process is concluded.

They require 50% acceptance and stand at 30%? They are a long way off. When does the offer period end?

Assuming the offer is accepted for 370p. With the current price at 320 there is the possibility to make 15% on buying shares now.

If the offer were to be rejected are we back to the mid 2's?

..on 47 shares traded

Read the opening post - it refers to SPACs in general not DDDD.

MY point wasn't specific to DDDD...my point was that one the sponsor has sailed off into the sunset the retail investors have to hope the newly formed company performs to expectations. The sponsor doesn't care as they are largely gone.
I current share price of DDDD is not a fair reflection of their progress to date and potential. Nothing has fundamentally changed from one week ago. While it's not fun it doesn't concern me as I am holding long term and I am willing to accept the volatility that a small cap bio pharma company brings.

Being cynical about it SPACs are vehicles for those who have raised that capital to make a lot of money and most of these companies have largely exited the deal by the time the merger is finalised. Check out a video by Patrick Boyle on youtube who explains this well. That is not to say there arent good companies who go public via SPAC but they are in the minority.
The method is being abused and the volume of new SPACS is leading to a disproportionately high number of poor quality launches so the SPAC company can make a lot of money and leave retails investors holding the bag.

I've held and followed quite a few US bio-pharms and I can never reconcile the amounts they raise with the cost of trials/results. They deliver by and large very very little for some huge sums raised often in the 100's of millions and I fear a lot of these companies and very much lining their own pockets. 4D looks a lot tighter run ship only raising and spending what it absolutely needs to and the directors stumping up 2M each in the recent offering adds weight to their credibility.

I'll never understand how anyone thinks that small retails investors like those on here have the ability to influence the share price with pump and dump tactics. Everytime anyone is a little too much one way or too much another they're pumping so they can dump and deramping so they can short sell. How many people will they influence? few if any. How many shares will those people buy or sell due to reading a pumper/dumpers comments on her? A few thousand maybe. What will that do to the SP...nothing. For the record I'm long on DDDD - my avg is just under £1 and I'm optimistic on their chances of becoming a Billion dollar company over the next 3-5 years so I'm holding.

The trials wont bear fruit if any for some time but as Starbuck said it's who we're rubbing shoulders with.

There was talk at the weekend that GSK were to announce a partner - has that been done? If so who is it and if not is DDDD in the runnng?

Sirius have very little money and are close to insolvency - if it got that far 5.5p would seem very generous.

15 min delay here

£1

Sold up at 5.98p Hard to believe there was a time when I was up on this.

They are trading at 21.60 - you'd need a lot of sirius shares to afford one of those!

Just as I thought. Be selling up so if it goes above the rumoured 5.1p.
I down considerably percentage-wise but not a lot in real terms and know a lot on here will have taken a major hit.
This could and should have been a lot different. AA will do very nicely for themselves out of this.

Are we paid in cash and no longer shareholders in the company?

This often spikes 5/6% in early trading and goes right back to where it started before long.

I do hope Chris hasn't been eating what usually makes him burp his way through this conference calls.