Member Info for juyamah

Yes there is, but its not an asset at the moment, is it. nor might it ever be again. I am looking at the Market Cap of around £4M.
With about £800,000 in the bank, The IP and Drug data currently in the hands of a creditor.
More likely it is just what it looks like a simple cheap way for a company to get a listing, the current high volume of trades is probably someone building a stake to facilitate the take over and might not even be interested in the drug...Like I said in my last post I have no position here so I am not deramping just stating an opinion on what I believe this weeks turbulence is all about.

Lots of people posting DYOR here, I think everyone here needs to research what a RTO actually means for the taken over company, in this case Motif Bio, Lots of posters are implying that motif shareholders will somehow get part of the take over companies value, in reality once the take over company has 50% of Motif shares they have control of the company, the remaining shares can be purchased by independent valuation of Motifs assets bearing in mind that Motif is already classed as a shell, does not suggest that there is many other assets other than the cash, whats getting proposed RTO not a merger.
I have no position here and I have no interest as to how this plays out, I was asked by a long term holder for an opinion on this weeks market moves..nothing else to say here. GLA

Probably filling the order for the Private take over company, in the process of building its stake which is a requirement for a RTO once it reaches over 50% it owns enough of Motif to be able to complete the take over.

I appreciate all posts but in truth I think this is now a simple RTO with one private company looking at a cheap access to the stock markets and another looking to find an end to the road, big buys mean a stake building operation to get 50% of Motif. that's all that's happening now and it looks like the buyer is willing to scoop up shares at 1p or there about.

Is the private company taking up a stake to facilitate the RTO.

Good point Hasiba but just don't be too sure that the new bus driver isn't just there to drive it to its new Garage, this is after all the AIM....

Welcome LesMondo I don't hold these but anything above the 1.1p late buy is good I think they are now underpinned at that price. remember even once the buyers 50% is reached they still need to offer for the remaining shares.

https://www.ig.com/uk/trading-strategies/what-is-a-reverse-takeover-and-how-does-it-work--190605

Do you actually know what a RTO means for a shell company?
The private company that are being reversed into are only doing it to save on the costs of having to go through the hoops and costs of getting a listing on their own. part of this reverse takeover the private company have to buy 50% of Motifs shares, after that they can do whatever they want with the shell company.
My best guess is they have already secured a wedge of shares through this recent placement and are now activity buying up the remaining shares to own over 50% of Motif...which if I am right means that they will be buying their own money back as part of Motifs assets, just a thought I might be blowing smoke

I am at a loss to understand the value associated with this company, a reverse takeover I was lead to believe was when a unlisted company bought a shell company (Motif) by purchasing over 50% of that companies listed shares in the open market, once that was done and the buyer had control of the shell company it would then mould that company into whatever it wished it to be.
The normal definition of a shell company as used in a reverse takeover is as below.

A reverse takeover works by a private company merging with a public company. The publicly-listed company i

s often a shell corporation, meaning that it is inactive or holds very few assets. It may no longer have any operations of its own, which enables the private company to buy up the publicly-listed company's shares.

If Motif have no assets other that a stock market listing, plus of course the £600,000 raised through the share dilution. as I was under the understanding that the rights to the drugs being developed and the IP were now in the hands of Hercules, is there a buy back clause which would enable the new owner of Motif to purchase these assets back, I really am not trying to be funny.
Its just I cannot see any value in the company other than saving the buyer the costs of a stock market listing in its own right.
Ready to be corrected if I am missing something obvious..

I have a great respect for those brave enough to post their buys and sells at the time of dealing..

airlineguy1980.
You are a true " Monday Morning Quaterback"

you seem to have called this right, just out of curiosity do you buy any shares? if so can you let me know your top picks for the next year or so.

Don't you just love all the posts from the "bough this morning" before a big rise or "Glad I sold yesterday before the close" before a bad news RNS and a morning fall.
For the record I bought in at 313.1 this afternoon at about 16:10 and I expect a decent return over the next 3 months.

To be honest if it had not been the end of the tax year and still having a fair sum not invested I would probable missed this week's gains, I doubt we are out of the woods yet but it's nice to start up in the first week for a change...

Not sure if Parsnip was asking me, but the 4 share I bought last week were Vod, Barc, Itv, and Bt.
I could make a pretty good case for all of them
but I stopped posting in the past because of abusive comments so won't post my other thoughts here, in addition to the 4 mentioned I really like Diagio but not yet invested there.

Not sure if Parsnip was asking me, but the 4 share I bought last week were Vod, Barc, Itv, and Bt.
I could make a pretty good case for all of them
but I stopped posting in the past because of abusive comments so won't post my other thoughts here, in addition to the 4 mentioned I really like Diagio but not yet invested there.

This is my first post in nearly 12 years, I agree completely VOD along with a few other ftse 100 look incredibly cheap at the moment, buying now might miss the bottom but long term they look bankers for growth and dividends, been topping up my isa this week , but will probably sit until things settle a bit more before investing for 2020-21.