Member Info for Fourprinces

It’ll bag from here by results next week

Sooner than you think

No

Depends what time it was worked. Could be a sell. Either way it’s what stopped us dead. Let’s see what tomorrow brings.

Delayed 60k trade

No debt, 20m+ cash and 19m MC. I'll hold for 50 thanks all the same.

It is a hostile bid. I'll bring the popcorn.

Base is 90. It'll do just fine.

...to recap. $300m deal with all costs borne by Invidior. Stated aim of 3-4 such deals per year. Pipeline update any day - sooner rather than later imo. Dix form in turning companies into entities worth £100s if millions. His stated aim of turning C4XD into £1bn+ company. 30% FF. MMs likely short. Let’s see what tomorrow brings but this will 30 bag in 12 months.

And if Dix is right it’ll 30 bag within 12 months

They will. It’s a cash cow and Dix has got form for turning small companies into ones worth 100s if millions.

And don’t forget the aim is to do 3-4 of these deals every year - that’s over $1bn per annum. Mind boggles.

...after numerous conversations with people that know their inner workings it look ls like the MMs were caught extremely short on unexpected news and unexpected news of such magnitude. They’re desperate to balance their books but given how many were trying to buy on Thursday it’s unlikely they’ll be able to do that. So we have outstanding news, more news to come and a squeeze. Bring on Tuesday.

That was written in November so before this deal was done. Dynamics have changed.

https://www.standard.co.uk/business/market-minnows-c4x-discovery-a3677686.html

Bottom line babbler is it's a $300m deal with royalties on top. Have a good easter break and we'll see what Tuesday brings.

...that Invidior are a spin-out fom Reckitt Benckiser...

"We believe C4X's OX1 program is one of the most promising early-stage programs to potentially treat addiction and look forward to rapidly advancing lead compound C4X3256 into the clinic," said Christian Heidbreder, chief scientific officer of Indivior. "Further, we believe there is great potential for additional compounds to be discovered and developed with respect to this important mechanism that will contribute to the continued elucidation of the neurobiological underpinnings of withdrawal symptoms, drug intake, craving, relapse, and co-morbid psychiatric associations," he noted.

Yup. Mail going to pick it up.

Yup. In 2016 it was in March so could drop anytime from next Tuesday.