Member Info for hamiltonbro

The RTO is payable in shares !!! Not money. Please stop posting misleading statements. Re-read the rns.

Nai/DYOR

It might be less than 15m shares if done at the next placing price as that price could be higher. Worst case it looks like 2p so no change to current bid price.

Nai/DYOR

Exactly, Stephen West and A2A have taken more a less half of the £300k between them being £145k so they have in effect only raised £155k so I see it as possible and a big indicator that the deal is happening.

Happy days.

Nai/DYOR

The Lyramid money will be going into MIDKINE and not ROQ surely ? So that money is separate.

Nai/DYOR

I’m happy with that. No dilution. Chairman committing another £45k.

Nai/DYOR

Do the sellers not wonder why the sell price is increasing ?

Buy orders are being filled by sells and they will print them when filled : )

Nai/DYOR

Someone wants our shares.

Can sell at the mid price basically.

Not having any of mine.

Nai/DYOR

13 trading days left till end of October deadline for Lyramid sale.

ROQ have said there will be updates on the RTO also.

We have people accumulating now as per the 500k buy last night. I bet that was a worked order and that’s all they could get. Imagine they will be in for more today.

Nai/DYOR

500,000 buy at full ask of 2.3p on the bell.

Nice !!!

Nai/DYOR

Chart looks ready for 4-6p imho.

Nai/DYOR

Been reading the RTO rns over and over and ROQ don’t need to raise any money as the deal is an all share deal.

Stephen West said the issue price would be fair so I’m intrigued to see what it is.

I think he mentioned there will be a lock in also so in effect, there shouldn’t be any overhang in shares as will be ing straight to Coiled owners.

Any other options on that ?

Nai/DYOR

“The ratio on the number of shares will be based on how much they raise”

It won’t matter what they raise in terms of pro rata shares in Midkine. They have said it’ll be pro rata. The cash upfront payment will be determined by how much they raise. That’s why the Midkine shares have been set at 157,000. That’s my understanding anyway.

Nai/DYOR

Not just a sale Dicko. If they received certain milestone payments then that can be distributed as a dividend ?

Nai/DYOR

And a 597k buy now also. No wonder you can sell over the mid price lol.

Nai/DYOR

560k delayed but just printed !

Nai/DYOR

Yeah and they are now bidding the mid price for size so looks like it will finish at least even for today. Looks like cheap shares gone again. The spread isn’t real.

Nai/DYOR

If you Google: stepehen west roquerfort interview that’s the interview and the presentation should now be on the website.

Nai/DYOR

That’s what it looks like yes imho also.

I’m hoping that the cash in the upfront payment for Altamira is transferred into Midkine so assuming base case $2m, then we’d have around 50% holding as cash.

On future payments, could we see return of capital as cash/dividends or would they look to sell the company ?

I think your questions are why we are trading so low as people can’t really value the deals until they happen. Obviously if they do happen then it’ll rerate quickly. Posts have been put on previously highlighting how the $10.8m for Lyramid could be seen as a base case valuation and it could go onto be worth multiples of that as they proceed through trials and progress. Base case it is worth 5p per share as suggested by the chairman in the presentation and the interviews recently.

Nai/DYOR

Full offer of 2.3p to buy now ?

Nai/DYOR

Quick 50% for me. Will be buying more ROQ with the proceeds.

GLA

Nai/DYOR