Member Info for DojiStar

Don't think they will able to raise funds in the short term, even if they wanted to. The current cash will have to be enough for the trails they need to do and then take it from there.

I think a quite a few are so annoyed they just wanted out now and didn't care too much at what price. Which is dangerous on AIM. That 80k trade for example. I wonder when that actually was agreed. They were probably offered that price and they thought, sod it. So we go down to that level, until it clears.

The CRISM Therapeutics website is updated (from when I last looked) and working well. It was always going to be rough. Market makers weren't just going to let everyone out at a decent price. They'll soak them up now

By crazy, I assume you mean nothing! Unless amc shareholders get their shares today.

Well, the question is, how many shares will be available to trade today? No placing. New shares are locked in.

How similar is it to avct? From the very little research I've done (I hate researching pharmas), it sounds quite different to me. Similar area obviously, but it's a very different approach. I think!

Really there should be a option to return cash at the vote. A £2m div payment before delisting or something like that. Unfortunately, there isn't and we all know why.

You ask where the money has gone. The fact is it's now embedded in this deal. Getting this company listed. Value isn't always a tangible thing.

I think quite a few underestimate the costs of doing this kind of rubbish. Everything around listing, placings and corporate stuff costs loads. Which is particularly bad for smaller companies. Doesn't surprise me at all the the cash is at that level. The time to pull the plug was months ago, not now they've spent all the cash on getting this deal done. It doesn't make sense.

The trouble is your way just gives them another chance to waste even more. Vote yes and you could be out of this in 3 weeks and forget about it.

I had by the 16th with ajb. Which is obviously stupid given the Q&a date, but what can you do!

Yeah, I think it might be different for each broker. You definitely can't hold them in an ISA, obviously.

The point being, if your voting no, you should really understand the implications. That's all.

I think it's important to look in what happens to your shares if they are delisted in your trading account. It's probably old hat for people who have traded aim a lot this year, but many people won't know what happens. I only have a vague idea and I don't really want to transfer out of my ISA. Does anyone know for sure what happens with delisted shares in their nominee accounts?

It's already available with mine. What surprises me is they've made it this easy to vote. I thought they'd go for the 8 am start, only people in the room vote!

I think quite a few will be just happy to get something half decent back now. In Feb it looked pretty grim and I would of taken far less than this if offered at the time.

I think after years of bad management he knows he's got to pull up trees to get this passed. It's in the balance.

Doesn't matter to me. I've already voted via my share dealing account.

"not even RY will be able to string that out for long" - I'll remember that quote when I'm waiting for the company to do something in 6 months time :)

The fact they never reply to emails just underlines the risks with trusting them with returning cash. They'll do it in their own time. Also the costs of returning cash are very much unknown. How much is this abort cost thing they've agreed to? £50? £500k? I don't know. Probably a stupid amount knowing them!

Yes, just dived your current holding by 160.

The only reason I prefer that option is that I don't trust the management, particularly when it comes to returning cash. I'm surprised many still do have enough faith to go for that option, after the year we've had.