Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
That would do me - 2.8$ billion applied to us would (back of envelope) be about £20 per share I think?
I asked the same question ..... but had no replies.
I think it's correct that there are 655 million (voting?) shares in issue currently. If I thought by voting NO my million shares would cause an improvement in the offer I would do it in a heartbeat. Unfortunately I don't think we have that power but I could be persuaded if momentum builds.
Port Authority buses best way to get into town. Airport to Grand Central and dead easy. Can't remember price but not expensive.
"If it is 2 warrants for every 1 current share price we will do very well. About 15 X but you will have to exercise them (Pay for them) " For crying out loud ...... BUT IT'S NOT!
The new co's technology looks promising and, with an initially low (for bio/pharma) valuation of £16m it is entirely possible that this could 10x if you are prepared to wait months or perhaps a couple of years. Possibly a lot more than 10x. Yes, backing Iclaprim was a failure and I will probably never get back to b/e of six quid a share in the new co (!), but there should be something ... which is better than nothing.
No offence intended.
Perhaps some one who understands these things should speak to them?
"If it is 2 warrants for every 1 current share pre-consolidation we are set to make 15x our money back at a price close to the final live price..." No you are not.
"I think this is where the kicker is. You need to BUY the shares for 0.30p " Jesus - did you not realise this - it's a WARRANT not a free gift. The past 24 hours has seen loads of posts explaining what a warrant is and you still don't get it?
Anyway, Walbrook's interpretation would be nice BUT it just doesn't tally with the number of warrants on offer. I'd rather believe the numbers for now than some spotty intern.
Yes, well worth listening.
I've had a look at the science today. There's certainly loads of potential in the approach generally but what caught my eye, given current trends, is that one of the diagrams implies that their technology could be used to enhance CAR-T technology currently being used to treat some cancers (with high success rates). If so, BVX may have a lot of interest from Novartis and many others once they prove the principle. The other interesting thing on the website is that, if you go to the Investor Relations section, it has the current share price listed as £100.12, so that's all good then! On the downside, they seem to have had a fair turnover of directors in their short life - why?
https://www.bivictrix.com/investor-centre/aim-26
It's probably simpler to say the SP has to be £8.14 for you to break even? I agree - it's not likely on the face of it, but there may be something to salvage.
keepsim, yes. You can buy at 30p for 6 months so, if they go above 30p, you make a profit. If that happens after, say, two weeks on the market then you face the decision of whether to cash in at that time or hope that in the next 5.5 months they will go even higher - that will be the skill and the luck part! I assume they will go above 30p given the conditions of the RTO but no-one can make any solid predictions until we see the initial few weeks after open, and perhaps not even then. It's all a gamble.
Can you find, say, five examples where shareholder 'revolt', without the backing of the institutions, effected productive change? And by 'productive' I don't mean a total loss due to delisting? I'll wait as long as it takes.
No-one 'believes' that - but it is a remote possibility. If this deal doesn't go through we have zilch. It really is that simple but throw yourself at the ramparts if that makes you feel tough.
PS I should think your broker will do all the paperwork.
keepsim, You will have 382 new shares and entitlement to 191 warrants that you may choose to buy at 30p each. Your new shares, assuming 20p opening, will be worth about 77 quid, so you have, on paper, lost about £3300. If the fat lady eventually sings I sincerely hope you get it all back. If it looks like she is going to sing, buy the warrants, but certainly not immediately, as you have them at a fixed price for 6 months.
Realistic!
... won't be against because I'd rather have my reduced number of chips still on the great gambling table rather than no chips at all. Yes, the conditions for us are brutal but, if the new co targets leukaemia, perhaps it will pay off if you can stomach the usual biotech waiting time (2-5 years?) or they ramp up a spectacular opening - which does happen if the PR is good. Something that puzzles me though is why the co didn't take advantage of existing SH loyalty/desperation to raise more cash through warrants? If they had given us, say, 5 warrants for every new share, and made the strike price and time 10p and 2 years, they could probably have raised a tidy sum and kept us happier if not happy. I guess there may be finance/legal reasons why not or perhaps it was just spite for us not supporting them strongly enough .... LOL