Member Info for CrystalBallBroke

offer* not over !

i have to admit, i've held this one for a little while now, having been watching for a while and bought in at a nice level..... and am hoping for an over closer to £1

thanks for the confirmation........ my understnding of it, is that whilst the date is a deadline, it is purely a deadline to confirm an offer WILL be made, so basically initial discussions should take place before then and if an offer would be considered then they hve to confirm intention........ but at that deadline they dont have to actually make an offer so realistically, as has been speculated, it will highly unlikely they wont make some offer, so i dont expect much rise until an actual firm offer is in an rns

thanks for the confirmation........ my understnding of it, is that whilst the date is a deadline, it is purely a deadline to confirm an offer WILL be made, so basically initial discussions should take place before then and if an offer would be considered then they hve to confirm intention........ but at that deadline they dont have to actually make an offer so realistically, as has been speculated, it will highly unlikely they wont make some offer, so i dont expect much rise until an actual firm offer is in an rns

now you see, that is why i have the idea of averaging down, because i bought into this one for the divi, and i was expecting a small recovery, because of the business plan they have in place to mitigate the change in rules, and a fairly good set of results, what i wasn't expecting was a 21% fall off the cliff after the Divi, it literally went into free-fall :( Now, the Divi, if sustained is at an amazing figure for the buy in point, so whilst i would not reap all the benefits, a big average down could yield good results for me, but, if it's nose dived off one ex-divi date, will it do it again? and i dont want to be throwing good money after bad. Waiting for any government to release any news/changes etc is a poor business plan, an industry cant simply halt and hold it's breath while some old codgers come up with new ways to screw things up, simply not a viable option for any business that wants to survive.

"leading up to the 22nd Sept when I believe a firm bid / withdraw decision has to be made..." i'd made a note of the 13th for that, what trigger date/event did you use to calculate the 22nd ?

i'm assuming you came and posted just to say "i told you so" and pimp your other stuff, after it's done well. I'm no longer putting up with BS like that, so you can sod of to my filtered list

i go to work at 07:30 smiling, thinking that was a nice set of results in that RNS, and with the other interest being shown this should be a really solid day...... i get home now and we're 5.5% down ..... errrr wtf happened ?

morris... i was in CTAG, got left holding a load of expensive paper! hence why i am reluctant to buy into this, the pattern is just a little too familiar, although i will keep an eye on this one, it may get to a stage where i'll be tempted to risk a little, but, not until i secure some profits elsewhere

INVESTOR RELATIONS "CGH aims to provide quality, timely and effective communication to its investors." Last news.... PRESS RELEASES CGH Shareholder Update 04.11.16 i've written this off as a "got ripped off, **** happens, live n learn, move on"

{rolleyes}.... yup, with todays drop, now it would have been worthwhile selling pre divi and buying back in, it would have been about double the dividend amount!

Currently i'm at i think 1.628 to break even including all fees. I have looked at averaging down, and it wouldn't take much to get me into the mid to high 40's, but i just don't have the funds and if i did, i have other better prospects, but that's not to say things could change

"One further observation Clinigen itself is an attractive purchase or merger with an international pharma company. It's independence after acquiring QP may be short lived." that's an interesting consideration, i know little of them, other than looking at their current share price and the chart, to me it looks like they are nearing a peak, being at their yearly high right now, and have been on a steady rise recently, as you said, influx of new shares, and them being sold early (As i probably would, given the low divi yield on a high priced share) might indeed cause a drop. Although brokers forecasts are optimistic for another couple of pounds yet

In the Statement re Possible Offer, there was this mention of shares..... "regarding a possible offer for the Company (the "Proposal") to be satisfied through a combination of new ordinary shares in Clinigen and cash." In your experience, what do you think/expect the breakdown to be ?

yup, hence the small (expected) drop in opening price, compared to yesterdays close

yup, hence the small (expected) drop in opening price, compared to yesterdays close

yesterday, ex-dividend date was today, therefore you had to hold shares at close of play yesterday, to be on the register this morning at the opening of the market

Well, that answers my little conundrum. Ex-Divi today, small drop in SP, about the same as the divi, but has recovered nicely from the initial drop, and threatening 270 again already only an hour into trading. So, had i sold my entire holding at the bell yesterday, and then bought back in immediately this morning, after fees, i'd have made about a £30 gain in the number of shares, maybe £40 if i could have timed it right. but, given that i would probably not have put an immediate buy order in, because i would have wanted to see where the price went int he first 30 minutes, i doubt i would have made even that much of a gain - in this case, not worth the gamble. Had this done what NAH did (fall 3 times the divi percentage" then it would have been worth while.

Thanks Spikey, good read, it'd nice to see them looking long term and to areas that will provide more fixed steady income

one thing that will be interesting, is the share offer side of their proposal, because their share price is currently at it's yearly high point and has been on steady(ish) rise for some time