I’m as confused as you. What I would like to know is why are Fab selling. We know T Brown increased his shares by converting the remaining CLN’s. But he his well within the 30% barrier. The difference is he has insider information and we don’t
What made you think someone was going to give you a voucher for 100 million before a drug is approved. It might even fail. Thats why they say it can be used against any other drug that you are producing or be sold on to recoup costs of bringing it to manufacture
Price in black is usually the mid price ie
3.10 sell 3.20 mid 3.30 buy. They both look like buys at the mid price
Well in the space of 24hrs we have gone from a new Cln or placing to a 20-50p buyout
Anybody any feasible reason why FAB reduced there share holding lower than necessary at the 3p range when by just releasing the news letter to shareholders correctly could have improved the price they got
BB they also raised 275k in Aug 19 at a price of 6p and again in Oct 21 , 620k at a price of 5p
BB that got changed this morning, yours is up to date
I’m still not sure why there was a lot of shares traded on the American market IQAIF
this last 10 days!!!
People are asking questions now cos the share price has dropped 40% quite quickly and FAB are selling and at present it doesn’t look like TB is taking up the slack so waiting for the AGM to ask the questions is a bit pointless. And Tyke your the one who asks most questions on here recently. Have you emailed TB to answer all your questions cos if you had you would realise it’s a one way conversation
Why let them go at 3p or be bought at 3p unless both think it’s fair company value.
Iqai have had several placings in the past, the last one for 620k which TB participated in, but who the others were who knows. Placing or a CLN still eventually increases the share quantity of the company. What annoys me is with all the advances the company has made in the last 2-3 yrs TB or the market seems to think fair value is approx 5 million to get a placing or CLN away. The last placing was at a far better value than the current share price.
We haven’t had any large buys to balance the books this last day or two!!
He doesn’t need to sell to create another CLN. Someone is selling though cos 500k just gone through from 4pm Maybe Fab going down to nil and a placing is coming so he can participate which could also be bringing in a joint venture partner.
The only thing is is that the company is in better position than it’s ever been. So no way is he getting out on the cheap. There’s definitely going to be news of some description next week but what! my guess is as good as yours
He can issue another CLN without reducing his holdings and by just putting the profit his previous conversions have made him. So what’s happening here I don’t know. Lack of clarity for faithful long term holders is pretty shoddy
Remember any new CLN’s do not effect the percentage of his stake in the company, he will still be below 30%. That only changes when he converts them into shares. This could take several years
There was quite a few trades on the American market last week and a couple today!!!
Don’t forget the fundamentals haven’t changed
When people speculate on here it’s going to be near 10p at the end of January or 50-100p with the voucher ya always going to get day traders hoping for a quick buck and then realise it’s not a straight up trend and get disillusioned and sell out
Too much speculation. Deal in facts
T Brown inc FAB have still a similar combined share holding. The extra shares submitted due to the CLN share conversion has diluted the share price by approx 3% but in the total scheme of thing’s neither here nor there. For the long term investors who see the massive potential it’s just another stepping stone, for the day traders who don’t give a hoot about the company it’s an inconvenience.
Hopefully Now we should get the Tr1 and the company always sends out an Rns when the CLN’s have been converted. 2million trade just gone through from yesterday
2.1/5 %. lol
Impressive once again.
Good luck Angel. I revisited that and I think it was nearer 4 million than 5, hopefully the last couple of days have cleared a fair few up