Member Info for MadChatter

The guesses at the moment seem to hint at a potential new license with Novartis. Not saying this as anything more than repeating speculation from other bb. Just adding my 2 cents. Should that happen with decent results and a large upfront payment this would be trading nearer £2 Imo.

Why would cantor issue a £7.20 price target before the results are known? Hmmm

From experience of other shares it's normally around 3 weeks to a month I believe.

If there is going to be a rights issue in Jan, as I suspect, people really should be buying in now to maximise their potential offering on the issue. Plus to get in before the cut off date.

I'd say the price should go up, but not because of azn indication of the company. This company would then have the best part of £900k to rto. They don't need that much, which (Imo) would imply a much bigger rto is the target.

Bear in mind for a normal company you'd think yeah they'll just flip it for fees. But here the free float is so small very few people will flip

Also, if they do give any indication of the deal then this would be massively over subscribed

Sorry, to avoid confusion, they haven't announced it. But seeing as I'd say it's virtually guaranteed all resolutions will pass there will be a rights issue very soon I'd imagine, as they will need it (potentially) for an rto. Just waiting them to rns the agm results. Probably Friday.

It's extremely encouraging to see them only want to raise this way.

If you read the agm list of resolutions, it includes authorisation to raise *only* by way of a rights issue /open offer £500k

So, are we all planning on taking up our open offer?

Crazy when you think a hundred bag here would "only" be £54m mcap

Agreed Jarv.

If we had needed shares to pay a loan holder, we would have taken shares from fura.

We didn't, they are paid in cash.

End of

@graham

Seeing as after the amended consideration plan we have no shares in Fura (AFAIK), I'd say they have no obligation there any more??

You'd think, given the rto into a minnow that the entire bid would be sacked at the earliest opportunity. Otherwise its duplicated management right?

Is this in auction?

As a minimum you guys have 4 bagged today from pre suspension

What about Hargreaves, anyone here using that?

Very annoyingly you cannot buy this through Halifax. Which platforms are you guys using?

But mehra has a large equity stake here yes?

Genuinely curious. Why are people buying over 1.5p?

@quindell Seeing as you've probably been here the longest, can you shed any light on the working relationship with Fura please?

I've been trying to do some research into the cost difference between a self funded dual listing and an rto.

This is a new one for me, as I've not seen an rto before with a company that is already publicly traded.