Member Info for dallo

Get to Israel I meant!
Hiccup more Guinness!!!

01234
Virtually I am afraid
Hope to get Israel in the new year.

I wonder has Ethernity management any more pleasant surprises tomorrow to jolly us all up just before the EGM on Monday which by the way I am attending.

Uhlf
Once 5G declared it is in for the medium/longterm imho because if it sells the market will know either via holding RNS or an updated Ethernity major shareholder list on the website.
If it starts selling again it would be shooting itself in the foot and the market would react negatively to a major shareholding selling and the SP would most likely drop imho
Why would 5G sell now as it has an effective 6.5% free carry and nothing to worry about.
By the way I wonder where sufficient shares will come from in the event of a significant corporate announcement with such a small free float.
I am delighted with the 5G news and we don't have to talk about the nonsense of the double taps.
ATB

1st part of serendipitous triple header now complete...next corporate news and warrants exercised to make it a brilliant end to the year.
Great that 5G now a long term holder( apparently) and getting a free ride for the balance of its investment.
Smart.

5G declared as I forecast.
Huge share overhang gone.
Brilliant news with c75% of shares now in tight hands.
We are off to the races

Looking at the collapsing share price today I am beginning to lose all hope.
Priced to go bust which seems way too pessimistic but certainly the market needs some positive news ASAP.

Skid
I think you are right.
Big players don't care whether they exercise warrants at 65p or 80p ..they think of the future returns and their % holdings and the influence they have in the company's evolution.
Miton wanted to take the whole placing but Ethernity refused and spread it out...just my views.
Expect some interesting days ahead
Dyor

The rising share price days before the EGM is serendipitous imho as many of the major Institutional and large shareholders who took part in the placing will not wait until the 80p accelerator level is reached but will start exercising their warrants as the SP pushes into the mid/late 60s p.
These potential warrant amounts exercised early could be up to 10m shares.
Before the EGM passes the resolution on Monday next this would not have been possible.
So a possible triple header next week....5G declaration, significant warrant exercise and corporate update.
Now that would be real serendipity!!

Uhlf
Thanks for the kind thoughts from Patt .
Occasionally some of my posts make sense but not too often.
Cheers

PS
Remember the company has to give 21 days notice of an EGM which may explain the news vacuum at the moment imho.
Imagine if the warrants were exercised last week and the company wasn't able to issue the shares until a EGM was held.
The company would be ridiculed and quite rightly so.
Mark is too smart to get caught out like that hence I feel the newsflow will increase from next week.
Just my musings nothing else
Dyor

Next week's EGM will approve the increase in the company's authority to issue further shares to account for the potential warrants ( 13.4m shares) and a further 6.6m to provide cover for any further issues if deemed appropriate .
So with this authority the company can now abide by its amended Articles of Association if warrants are exercised.
It was not able to so under its current authorities and would have be in breach of Israeli company law.
Now it can focus on updating the market and perhaps announcing new contracts/existing order increases without fear of a legal breach if SP surged beyond 80p and it had not authority to satisfy the warrant holders .The legal pathway will be clear from next Monday and I expect some commercial news to follow.
Dyor

Uhlf
No problem
Some notifications don't meet the deadlines and the FCA appear quite sanguine about this particularly on AIM.
Cheers

Uhlf
Notification to the Issuer should be made as soon as possible but in the case of a Non UK issuer such as Ethernity not later than 4 trading days from notification event or 2 trading days for all other listed UK companies.
Countdown commences!

Do you enjoy gloating and seeing people lose money?
Nasty.

Uhlf
I think you are right
According to the company's website of the 29th November the shares in issue increased by the 5G final tranche shares to over 75m shares and my % holding reduced to c3.2%.
So 5G has 2/3 days to declare or not declare.
The total shares in issue should be officially updated tomorrow on the LSE.
Interesting.

Ps
5G having been issued with over 12.5 million shares in the past 12 months or so at an a average price of mid 20s p now have a free carry for its remaining c5.2m shares by my calculations.
Nice position to be in unless there are other extraneous factors involved such the identity of the players behind the 5G fund.
Intriguing!

Uhlf
Strange that the 5G final tranche of shares were not released today the 29th November .
I expect a RNS tomorrow or Wednesday about the listing of the shares.
I am hoping 5G make a declaration of over 5% as I think this will lock it in as a long term investor and take a huge overhang from the market resulting in c 70 % of shares in tight hands .
Any contract announcements in the next days/weeks will have a more significant impact with just a small free float available imho.
Interesting few days ahead.
Dyor

Mystic
That is why Immu is up for sale now.
McCarthy is a clown but may pull a rabbit out of the hat and sell the company for £30/40m ..that's what he is good at.
It is our only hope now imho

Pokerchips
Immu has no funds for developing its drug portfolio other than the Avion partnership on the elusive Lupuzor Phase 3 trial.
The best and only hope is to sell the company to a larger Pharma who can finance the progression of the portfolio over the next 3/4 years as Immu has no chance of a further funds raise.
With its IP and patents and potential of Lupuzor and the rest of the possible therapies it may be attractive to a big player imho.
McCarthy has forgotten he was Chairman of Immu for past 8 years or so and is no more a CEO than Boris is a Prime Minister...both utter spoofers and incompetent.
Fingers crossed and ATB