Member Info for Donato84

sounds good, will be keeping an eye on this. Most likely may drift towards placing price, am aiming to maybe get a holding below 3p- I imagine before the change to LEX.L will maybe reach here, 7mil mcap still is quite reasonable, cannot believe that greatland gold once a 1p share now is valued at nearly £1billion, yet there is hardly any talk about this share on its quick rise to the top, basically something I noticed over the years, shares that are not overly talked about or rising without much attention tend to be the ones worth focusing on. Not sure of the corporate broker for this one will have to do a bit of research into them, but this seems like a good share everything being considered/

Does anyone know the current market cap for the company? post consolidation? I am interested as if it is around 3million and they have raised 3.3million at 2.75p then this is trading near to cash levels. Have seen few gold plays do very well over last few years or so, Solgold was at 2p at one point now we are 36p, then Greatland Gold 1P to 23P, the RTO method of entry indicates strong confidence in the prospects and like the area being geo politically stable, but a question does anyone know if SolGold or Greatland Gold are actually producing any gold at present or have they just discovered a lot of it? I am interested to see the mechanics of what prompted such a large rise in MCAP.

Brgds

Hello new to this share, I was wondering with the current cash position post raise if I recall correctly 80 million, this puts this share ahead of many other small exploration pharmas in terms of cash, most small pharma do not have a pot to pxxx in. I was wondering if anyone could shed some light on the connection with this company and clinigen? Also noted Polar capital increasing their stake via TR1 which is a good sign, I believe they have a generally good track record. I think excluding covd this company has a future in other areas, we are living in an age unfortunately which many are just focused on one particular disease, there are plenty of other diseases and ailments that still need proper treatment.

I read somewhere this company had tax losses, can anyone here care to clarify the position?
Brgds

Whoever bought early would have been ok, but today is another way to get spiked. I have seen this company spike investors out before last year the announcement with Jazz Pharma for example, I have changed my view on this one as I once believed they were interested in their smaller investors, I would be careful with this one.

price monitoring extension I imagine, the reason for the price move once again, very small free float of less that 10%, this can be a good or bad thing, the company seems set on raising funds via one or two large institutions, no interest in benefiting the average retail investor, this prob will be down like a stone 2m, they will hold the cards as there probably isnt many buyers out there for the stock until liquidity improves. The company is in my opinion not run well, but the science does look good. But who knows what that is worth, remember the market cap at 15.5 is already 32million.

webs is fairly predictable, one of many more jam tomorrow shares..

does this POS ever go up I wonder, I think CFD and spreadbetters messing this one up a lot of shares in play, few big sellers really regret getting involved with this one, small float shares is the thing to look out for, this MCAP also seems overvalued to me comparative to what the company is worth now

this is typical webis, talk of a ridiculous run up on some kind of news event the move probably happened yesterday, even if the outcome is good for today, the minute the vote is in if I know this share correctly everyone will be trying to exit the door as quickly as possibly and due to the low float this goes below 2p again, until a transformational deal comes across this company will always be more jam tomorrow..

You never know with Web, it has had so many false run ups like the one we saw last Nov, people I think are very prone to getting spiked on this like I did once, its worth trying to understand how the licences are obtained what are the difficulties to competitors gaining access to these as I have no doubt gambling could be the new gold rush in the states, I think at around 8p the market cap will be circa 30million. Which is quite cheap but another question to anyone familiar the SCA-6 draft initially mentions somewhere of a 5million cost for a first licence then a 1 million annual renewal, if Web bypasses the 5m application fee then this could be very interesting, I am not sure what Webs cash position is but I think last time I checked it was not great. GL all

how does anyone think this will open tomorrow? a 12million raise at 0.25p correct me if I am wrong will crater the share price? what is the fair value for this thing? the market cap is already 12million so existing holders stand to be diluted substantially or have I missed something? brgds

Pharma sentiment may pull back once the lockdown situation eases, there could be profit taking across the board, then funds probably move into areas that have been hit recently ie oil, retail, litagation funding like Burford etc

Not necessarily, I have seen link fund solutions being involved here in the past, does anyone know if Woodford still has a holding in this? I would also like to know what percentage is held by institutions, not sure if it high or not.

Agree but it really depends on how long the company will take to resolve the takeover, from the last update 58% was owned but the volume since then has been thin, 13% represents 24.1million shares. Nothing like that has been traded since last update from what I see, so since the first close is tomorrow I believe, and the price is so near in the market I think they will fall far short of what the required level needed (90%) to need full ownership..but we will see, I dont see why someone will want to wait for what could be up to a month to gain .5p when in the market you can sell for 15p. I think I will be hanging on to these and see what happens..

What has happened to this company? I was interested in this cannot believe they have moved back to this level. How is their cash position? rgds

how is the companies cash position>?

I have been interested in this company for a while, I cannot believe these where £2 once, I will be looking for an entry nearer 1p mark but I think I have missed the boat with that

Does anyone know anything about when we might be able to expect an update for the Jazz pharma deal, there should be a milestone payment due once they have an IND status in place. Also I have been looking at the lesser known subsidary of this company REDX anti infectives, I remember reading somewhere they had compounds that deal with pneumonia and antibacterial resistant infections, it is unbelievable they have so much and will be sold for so cheap, do not know why just didnt do a share raise in the market instead of attempting to be bought out on the cheap. Once again I think they will not get to 90% on this, not at 15.5p.

Recent update was mediocre but I think its in line with what the managment want, the trial has been halted for now for their near term drug target, there could be other news in the pipeline but who knows, disappointed but still feel they may be a suprise with this. I am holding with this I do not think they would dillute their own massive stake bought from 11-15p range by announcing a delisting, if they do not get to 90% then being a minority shareholder may have benefits, they may extend the TO offer after the deadline, we will see. GL DYOR

upside should be circa 0.45p/share in short term- couldnt sell 1m though so looks like appetite might have dried up for buys right now- not sure. Either way dont have much here happy to hold and see what might happen..