Member Info for dcfn

I don’t think there’s much to read into this as yet, it’s technically listed, but barely can be considered trading. Brokers don’t have this available to buy / have the ticker showing, and the spread has been between 30% to 100% today. The only people who can sell (as far as I’m aware) are the small % of shareholders who have carry over holding from the Spac cash shell, have a broker who is up to speed / placed a phone order.

Non-dilutive placing of shares from Scopia, Indivior's largest shareholder selling c.3% of the company's issued share capital. From RNS:- "Scopia will retain its seat on the Company's board and remains a committed long-term shareholder." - Have taken a few here, looks like a good opportunity for a little discount in a stock thats trending upwards strongly, no negative business news, just the placing affecting the SP

Looking like an attractive entry now, thought I missed the boat. Agree it does seem to get a regular pump. Possible range trade back up to target price in the 280s with an eye on bid with MMGG stake in the background.

Cheers Herne

Good point Herne, I'm not sure exactly at which stage the lights knocking out event will be taking place, but it would be good to figure out if it's September or later as it may trigger another wave of disappointment.

I think then, to refer back to the OP's question (Buy or no buy) - you've got a few posters on this board who've made long lists of negative points and yet remain invested, which suggests that the potential upside must greatly outweigh all those points.

I'm not personally recommending ORPH as an investment, dyor etc. but I currently hold shares and am happy to do so. ATB

He said this in the presentation ahead of the year end results:-

"I would guide you... this is last years annual accounts, don't be getting excited, nothing much to see here, it will be confirming we've integrated both business, bear in mind we only got our hands on hVIVO in January / early February last year, so we integrated the business, but the big thing in the strategy accounts for the last year we will publish is that it's firmly profitable in Q4, and being a services company, no more of this big investment, once you go profitable, you stay firmly profitable"

So there it is, don't get too excited about the results, explicitly stating that they went profitable in Q4.

Hi Bronxville, do you think you will sell if you don't get (satisfactory) answers to those questions?

Yeah good news moni, I also hold SPC. Initially bought in due to the CF connection, but was happy when the Hellenic name started being floated about. Quite keen to get some exposure to cannabis, especially after reading this board...

Do us a favour Bear666 - emotive and sensationalist claims that people are facing "financial ruin" because of Cathal Friel - the CEO of a company they've invested in. Transparent. And nothing else has gone down recently either has it... BOO, SAGA, GATC, BOTB, SLP, CAR. And I guess everyone only has one stock in their portfolio now too. I sympathise with anyone who's gains have been eroded and more so with anyone who came in during the last couple of months. I truly hope people aren't facing financial ruin because of this, or any of the other stocks that have come off recently (for a wide variety of reasons), but if they are, and it's because of a single stock - they've probably got too much of it.

GLTAH! [Side note, can't see POLB to trade on ii Platform - may be available by telephone]

Thanks for the replies, trying to understand where the downward pressure is coming from. It seems this board is broadly not happy, but also not selling (if not actually buying more). It's a small sample size granted - and may be totally unrepresentative but I don't know any PI's who are selling.

Just curious, as it does seem to be a fairly balanced board, has anyone here sold due to the lack of RNS that was hoped for?

Hi Russky, https://www.morningstar.com/stocks/xlon/orph/ownership

I've "prepared" my Primary Bid account - not sure if I'll use it. I'm interested in the IPO but not so much the mobile-first approach and inability to buy directly into an ISA.

No shares or placeholder showing in ii - but received a Corporate Action message as follows:-

========
Stock Distribution

Ex date: 16th June 2021
Pay date: 18th June 2021

Open Orphan plc has announced a distribution in specie, whereby holders will be issued with 1 share in Poolbeg Pharma Ltd for every 2.98 Open Orphan plc shares held.

Please be aware that these shares are, at the direction of the company, to be held in trust by Croft Nominees Limited until the end of a ?Lock-up Period? being 9 calendar months from their admission to trading on AIM. Holders are unable to transfer or deal in the Poolbeg shares during this period.

Further information may be found on the Open Orphan plc website.

Beneficial holdings of the Poolbeg shares will be reflected on accounts upon confirmation from the company.
========

Currently held in ISA - all my dividends currently go directly into the ISA account - should be the same here. Only posting as if you're with ii you should at least see that message recognising that shares were held prior to the ex-date.

They probably have the wrong share count on there

Looks like Jefferies upgraded to 302p today

** Brokerage raises PT on VTYV to 1,527p from 1,484p, on
CSPC to 645p from 610p and on WJG to 302p from 261p

from Thomson Reuters report

To be fair I was operating on the "don't get too excited" re: results in the last Investor Presentation. "I would guide you... this is last years annual accounts, don't be getting excited, nothing much to see here, it will be confirming we've integrated both business, bear in mind we only got our hands on hVIVO in January / early February last year, so we integrated the business, but the big thing in the strategy accounts for the last year we will publish is that it's firmly profitable in Q4, and being a services company, no more of this big investment, once you go profitable, you stay firmly profitable". Don't doubt that he may have said "pleasantly surprised" elsewhere, or even in the same presentation! Either way I wasn't expecting to be lol.

I've decided to top up just now at hopefully what will be the bottom. It was possible to trade in and out after going ex-div and pre results, but a bit too rich for me. GLA

Deepjoy, apologies I understand - I must therefore add I was replying to your response to Marks analogy, not to your stated position which you have made clear in your last post.

I suspect that the market doesn't value everything appropriately (at least not initially).

I do however believe that an asset that is undeveloped and laying dormant in a company has less value than shares in a company that is developing that asset (unless one believes that company to be incompetent). It has been said that these are currently valued at £0 by the market. If you believe that the market has placed £0 value on them then going ex div wont make much difference. If you believe that the market has placed a value on this asset then the market will recognise this.