Member Info for FreeTheCaterham7

"Then they can resume buying and hit 29.99% before another trial is announced, and just sit back and wait until they can put in that 150p takeover offer."

If they already had 30% I doubt if they would need to bid as much as 150p to hoover up the extra 20% they’d need. But I don’t see Polygon as being likely to want to own the whole thing.
HSD, how would "partnering with a large pharm company to get the entire company at 150p share" work in practice?

If the company say that an EUA is not in their thinking it seems sensible to take them at their word. It also seems sensible to take what they say more seriously than a poster on a chat forum

"Polygon will block a low-ball offer but the sock puppet already knows that"

What if the low ball offer is the only offer

Sounds reasonable

Looks like a reasonably positive release. It’s good that guidance is confirmed. No hiccups.
I’d be a bit cautious of the more general positive statements that Dubbs99 highlights, that’s the kind of guff that management will always say.
Next step, as I (and others) have said, is to see some actual profitability.

Even the L2 spreade isn't that wide - it's the equivalent of 7.0 - 7.25

There's no work to do. The situation is clearly stated on gov.co.uk. ordinary resolution 50%+, special resolution 75%.

In other words, you dont know.
Well if there are ordinary resolutions on the agenda, they require a 50%+ majority. If there are special resolution on the agenda, they require a 75% majority. That's the law.

Whatever is "on the table", the rules as quoted by the government's webby apply.
Is the agenda for the AGM available on the Synairgen website? I couldn't find anything on the webby except the date/venue.

Ha ha
You'd better let the government know they've got it wrong

*gov.co.uk
Damn autocorrect

From government.co.uk
"Ordinary resolutions are used for most routine changes, for example, increasing a company's share capital. Some decisions, for example changing your articles, might require a 75% or even 95% majority (called a 'special resolution' or 'extraordinary resolution')."

From InformDirect...
"A special resolution is a resolution of the company’s shareholders which requires at least 75% of the votes cast by shareholders in favour of it in order to pass. Where no special resolution is required, an ordinary resolution may be passed by shareholders with a simple majority – more than 50% – of the votes cast."

‘A resolution passed at a meeting on a show of hands is passed by a majority of not less than 75%’

That 75% is only for special resolutions

""resolutions being proposed" - any insight as to what this may infer?"
Usual old guff. Appointing auditors, electing directors, considering accounts, that sort of thing.

Aren't AGMs usually rather dull retrospective affairs? I can't say I'm expecting much from it.

Results for the full year to 31/3/22 are due on Thursday.
In Feb they gave a profits warning ("marginally below the guided range") that smashed the price post flotation.
Since then they have issued a positive trading update("Revenues above revised forecasts") and the head of execution services has bought 3% of the company. I think there is some value in this thing at this level.

@sativa
You discredit the bull case with posts like this.

The current spread is just under 5%
Before consolidation if ithe spread was 0.3 - something like 7.2 - 7.5, that would be a spread of fractionally over 4%

It hasn't got that much wider.

OF course the L2 doesn't tell you everythng about the price/spread - the real price is on RSP and you won't see it until you make an electronic enquiry.

Awesome