Member Info for Doc83

Joteller - almost impossible to answer that one. It looks like Vin/ADVT are trying to get them to sweeten the deal a little bit. Maybe same stock element but 50-60p cash instead of the current 40p.

It could backfire and as mentioned over the weekend, the board would be more toxic with each other than ever.

I don’t think we’ll see anyone else bid (S4 Capital for example) but never say never.

Not an easy pay day just yet.

Plenty that could still happen here, including the NFC share price falling. Given that the offer is so heavily stock based and not cash, that could have a material impact. Market volatility has been such recently that you can't rule that out.

Terrible article. "profits have dropped...". What profits have there ever been!

The slight issue with NFC’s offer is that it is predominantly stock, rather than cash. NFC were at 1025p back in January. I don’t know a huge amount about NFC but the SP seems to have been on quite the run. Were it to go back to that level, the offer would effectively be 207.5p, the same as ADVT’s.

Best guess from here… NFC sweeten the deal a bit for Vin.

Seems to fly in the face of what the poster who attended the investor conference claimed to have heard.

Taverham - agree with what you’re saying. I suppose she could say she would unlock more value from SAA.

All very messy. Will be interesting to see what the share price does. Probably drop as NFC’s bid bow doesn’t have Vin’s support, which it obviously needs.

SD - to be fair, you have got 6 TR1 predictions right, but equally as many wrong! Still, it’s all a bit of fun and at least you’re not like Burstead.

ACTIV taking so long to release the data makes me slightly nervous. If it was amazing, surely they’d have pushed something through by now…surely a moral duty to have done? My guess is that it is average and perhaps some positive signs/trends are in there. Either way, we need to know what that data looks like.

I expect news to flow thick and fast the next few weeks. Company update this week followed by AGM, ACTIV P2, further analysis, trials etc.

If that is true, there is no reason why this shouldn’t pop straight to ~240p tomorrow morning.

joteller - absolutely it’s possible. My gut feeling says there won’t be another party enter the fray, though.

Sanchez - I tend to agree with you. But would just add that the BOD are already toxic with each other… look how they slapped down ADVT’s offer on Monday.

I don’t know Vin Murria, but she could make them sweat for a bit before agreeing. I just don’t see how ADVT can match, never mind beat NFC’s offer. And if she can’t match it, she’d surely be cutting off her nose to spite her face and all ADVT shareholders if she rejects it.

Size82, already topped up again earlier this week and increased my holding post 21/2 by 166%!

HSD - to be fair, I think we are slightly misunderstanding each other. I'm more on about the SP.

We both know if we get a Polygon TR1, the SP will add a pence or two. That's it. However, a TR1 from a new investor...now that would be interesting!

As it is, the SP is up less than a penny since last Friday's close. Quite depressing and I think the SP deserved to go up a bit more than that after Monday.

I'd also point out that the market seems to agree with me. The SP is currently lower than where it was when we had the first post 21/2 TR1 from Polygon.

I think the fact they have increased their holding so significantly since 21/2 suggests they are confident, and the news on Monday should mean it is as high as ay any point since then?

I don't think anyone is expecting a fundraise anytime soon, are they?

Some investors seem fixated on what Polygon do. They proved they are human by buying up £millions pre 21/2 and losing (on paper) their shirt on SNG.

HSD - I suppose time will tell if they are still buying.

In reality, it matters not a jot. They have clearly shown they are positive on SNG so another % here or there won't make much of a difference to the SP.

Yep, a little strange. And NFC up as well, so offer more like 250p.

Maybe the market concerned Vin Murria/ADVT May block bid. They have the shares to do so.

SD2019 - you were talking about TR1's days ago!

I bought in here on Monday after watching this for a long time (I previously held ADVT from issue but sold a while back after losing patience them holding the cash for so long).

Was please to see ADVT bid the next day! But wasn't sure it was going to pass... it just didn't look good enough to me. Anyway, I expected it to immediately jump to around 240p (just below the 247.5p bid) and was surprised to see it down at 210p. I doubled up at 215p and am hoping to see 230p.

Not sure what ADVT will do here. Or indeed what they can do. I don't think they have the ability to bid higher than Next 15. Clearly there is no love lost between Vin Murria/ADVT and SAA. So will she dig her heels in and refuse to lend her support to NFC's bid? They need her shares, after all!

Bannos8888 - I am fairly sure that is correct. After all, it was trialled on patients at home.

We need that update from SNG next week to be good. A clear plan ahead. Not “we’re confident this drug deserves another trial and are having interesting conversations”.

Breaking all my rules and just topped up again here. I’ll like try (and probably fail) to trade this block of shares, though.

Average in price has dropped to 85p.

I’m very surprised to be able to buy at 29p after the deep dive and post conference smiley RM. So I’ve put my money where my mouth is.