What happens if CIZ doesn't exercise its Put option (RNS: 'Should Cizzle exercise its Option, the Company will hold shares in the NASDAQ listed merged business'). Previously reported that 'Option has been extended until 25 October 2023'
Looks like the 'market' is not really interested in the merger and the (positive) financial implications for CIZ. Oh well, can't say anything surprises on AIM....
Those investing today could be looking at a multibag this side of Christmas IF HAA can deliver to the planned timetable. The rest of us 'long termers' will have to wait until next year to make our serious money! Getting closer.....
Seem unwilling to move the bid/ask atm despite lots of buying this morning. Lets see what happens this afternoon into the weekend (and Harry's 'chat' with TW)
We've seen how quickly thisa can move. 1.45p to 4.8p in a matter of a few weeks. This rise, if the merger goes ahead, would be based on something substantial and might well hold at higher prices imo
Agree, if the company is able to report further progress after the excellent Q2 update we should say goodbye to sub 10p prices imo. Looking forward to next weeks update...