The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
I look forward to receiving my pack Torre.
Sandford, it's investegate.co.uk.
I find it interesting that there was another RNS on 10th November confirming that PR had exercised 10m options that the shares would be admitted on or around 13th November taking the total number of shares to 1,552,070,261. The number of warrants/options awarded to TB/PR on the morning of 10th November was 77,603,512. This is almost exactly 5% of 1,552,070,261 (77,603,511.55). However, is there a case that the 10m options exercised on 10th November should not have been included within the maximum 5% calculation as the shares would not have been admitted at that time? Perhaps this is the issue being investigated?
No probs buddy.
I don’t think there are many here whinging about the 100% rise we’ve seen in 4 days. Here’s hoping for the same next week.
Baffyman, he is now holding 24m shares but still has another 14-15m options to exercise.
I think it’s only about 14m options left for TB.
Been the same NT with AJ Bell.
Is notification of mask certification and confirmation that our machine has been collected. Everything this else should fall into place for us all after that.
Oh and board changes would be good Santa cos I've much nicer than that scumbags have been this year!
I don't get the %'s on recent note. My calculations are 18.3% for Gareth and 19% for the PI count. Perhaps someone may correct me.
E-mail sent confirming my support.
1509,
TB and PR will only be entitled to the 2p options if they have subscribed to the the placing shares.
But totally agree will be all positive RNS's now!
Placing is a done deal, 2p options are subject to shareholder approval at EGM next month.
I don't think the share price will fall any further now.
Does anyone think that any investors would risk £5m without having assurances (or confidential info) that the mask(s) will indeed be certified soon and that substantial sales are pending?
I reckon that TB and PR are the main, if not the only investors. Perhaps JR is also getting some placing shares as reward for signing off the recent RNS's.
Let's see how positive/negative the next one is!
I can't understand why people think that BRH will be purchasing a big chunk or even a little of chunk of RMS now as they have just distributed all of their spare cash via the recent dividend. The £3m or so left over will have to be retained to cover corporation tax on profit made on RMS share sell.
What's with the 502 share purchases? There's been 6 of them within the last 10 minutes!
Manifesto, I think the couple of million is being kept back to cover corporation tax on this year's profit made on RMS share sells so nothing left for development of the covid test.
I noted on the RMS website significant holders page on the 12th November that the total shares not in public hands was 49.12%.
If you deduct Gareth's 18.41%, Braveheart 24.79% and Ryan's 4.51% the remaining figure at the time was 1.41% held by others.
The only significant shareholder today is Gareth with a slightly reduced % holding of 18.29% but this is only due to the addition of 10M shares that I assume were allocated to the RMS consultant. This 10M represents about 0.63% holding.
The current % of shares not in public hands is 20.33%. If you deduct Gareth's and consultant %'s the remaining shares held by others is still 1.41% (20.33-18.29-0.63).
Is it possible that this 1.41% is held by RMS/Pharm2Farm employees that have not parted with any yet?