Member Info for KEY2

"MED's aggressive plans for expansion" ...... LC quote.
Will be interesting to see the IPO prospectus and the competent team involved.

Hi Jdt1990
Thanks for taking the time to reply.
Great summary and very fair I think.
The potential is definitely there and at this market cap the downside seems limited in my opinion.
Hopefully get some more news soon to keep up the momentum and if Africa project happens then so will really re-rate.
GLA

BigAl
Thanks for the calculations and summary ........ I agree, absolutely huge potential !

It always seemed undervalued to me and based on my previous calculations (see earlier) then it still is, but open to opinions.
Happy to hold at this level and wait for things to develop.
With just one of these African projects developed then could be massive, so the current kibo market cap seems underpinned by MED and KAT in my opinion ....... with potential huge upside from other African projects !
GLA

Huge potential here and with ONLY 63 million shares and most in sticky hands .... it's just a matter of sitting tight and watching your investment grow !

Anybody have any calculations on potential sales / revenues etc ??

As per previous post, I am relatively new to kibo. Only involved last 2 years with ave around 0.25, but it does seem to have huge potential hence I'm invested.
Am I missing something ?

I'm a little puzzled:

They have now confirmed money raised for IPO and oversubscribed ...... great news !
MED market listing £23 million and kibo to retain 55%, that's £12.65 million in value. On listing due to demand for ipo's etc the sp could rise to further increase company value, so % stake may be worth say £15 m.

Kiboo now valued at £9m with other assets like KAT (approx £3m) and other potential projects in Africa, therefore worth nothing or in fact worth even minus £3.65 million.......... how does that work ??
This is one of my smaller holdings and my average is low so not worried, but there does seem to be disconnect at the moment or is it just the Louis factor ??
If just ONE of the African projects gets over the line then it really will be Kiboooom !
Certainly some progress being made though.
GLA
Any input welcome?

Thanks BD87, I had a quick look previously but didn't see that. I'll have a look tonight.

Where does it say minimum 150 p placing price ? Not heard it mentioned before.

That should read .... fasttrack !

B Riley in the USA are doing a share offer and have authority to raise upto €250 million in line with market prices.
The big institutions want in and that's very clear !! Tils wants to fast their pipeline especially for covid / MS as the timing is right, so works both ways.
If institutions were to buy 20 million shares say on the market then that would push up the price massively and they don't want to be fighting and paying over the odds for shares.
They want in, but at a discounted rate (obviously) and they want a big chunk ...... €100 million (shows up on B Riley website).
The share price will be kept in line until this is sorted in my opinion.
More trial news in about 2 weeks, so should be cleared up before then.
Hold/ accumulate and let's see where we are in 3, 6 and 12 months time.

Just a small top up before we get some good news, hopefully.
Surely bod can get just ONE of several projects 'over the line' !

I can't resist, just bought another 5000 shares at 141.7p
Pipeline and fundamentals are exceptional

It feels like everything is now in place to proceed to binding offers ....
Just a little more patience

Last night's rns proved that you just never know when news will be released......
I'm not expecting news today, but very soon as all will want this wrapped, get paid and celebrate.
GLA genuine holders

Just my thoughts:
Tils have engaged B Riley to do a market offering in the US to raise up to $250 million over a period of time. I had forgotten until now, thinking tils had sufficient money for the next 2 years etc. They have it seems, but may be not enough to rapidly develop foralumab for covid and perhaps MS alongside.
They will be raising at the prevailing market prices. No institution will want to pay more than they have to, so the share price will be pegged between say between 145 to 155 pence until the shares have been placed and funds raised. It's been bouncing around at these levels for quite a few weeks now.
They might raise a smaller amount, may be just $25 million to get started which would be prudent, so that sp can rise before next raise to be less dilutive, however B Riley website showing $100 million offering as sole agent. The institutions will want to load up big time at these prices.
We shall see, but once these institutions are locked in and loaded then the fireworks will begin.
Just my opinion and hope the sp takes off sooner rather than later.
GLA

The year of the METAL OX !
Could it be announced on Thursday 11th or Friday 12th Chinese New Year.
Ian could you put me down for next rns on 15th. Thanks
GLA

Well let's hope I timed that top up better than yesterday
5000 at 1.515 just now.
This really is my last top up now.
GLA

The appetite for these is absolutely unbelievable. MM's will try their tricks and drop sp etc but just hold very tight.
Accumulation happening here with limited stock equals huge re-rate !!

Last top up at £1.59, but I said that earlier.
Covid is a bonus here and if it works on MS then that's even better for absolutely everyone.
Happy to hold for the next 12 - 24 months ..... a little patience required and news flow.