Member Info for Markshares

Sadly I inexplicably missed the Burford RNS, so this afternoon not quite as good as it could have been

Well, im in at 8.94. Looks a no brainer to me

I disagree, Steady. In fact - I dont think they would get involved at this stage, and for that amount unless they had word of something. Insider info is rife, especially amongst II, proving the link is nigh-on impossible, and its very unlikely anyone would even raise the question let alone manage to prosecute.

I think this puts the doubts of failure behidn SXX. No way a company the size of Citi would take such a large value if there was a chance of losing it all within a month.

Citi in with over 5%

Someone sounds a bit paranoid. Calling someone youve never spoken to a moron after one small post seems excessive, but you carry on.

What I mean is BIDS tweeting about deals other companies will have no impact on BIDS share price, unless you'd care to give me a proper explanation of why EGF teaming with Dentsu Aegis matters to BIDS directly? Lets see if you're a moron or not yourself

That's nothing to do with BIDS, is it?

Time to sell up, wait for the selling to stop, then buy back in

Shorts always the first to know, when will it change

Leaky

100k bought today, interesting

Good man, Mercedes. I was holding out for 2.6 and it didn't come, so haven't increased.

I guess everyone who sells like to know they've made the right decision. We know the pain of selling then watching an SP soar, and Vice Versa. I think people say they have sold out in the hope others will follow so at the very least, they will feel vindicated or more surreptitiously, they will get a good price to buy back in

Yeah I don't own here, but seems pretty massive to me

Im in that awkward position of wanting my holding to do well, but also wanting the share price to fall as I have some free cash now to invest.

The "big" investors know this mine will be a success, the only thing they had left to do here was get the remaining shares of the PI for as cheap as possible. They have a few years until profitiablity to do it, so I expect every trick in the book to get us to sell in the meantime. PI holding will be under 1% by the time we get there because PIs are fickle.

Hope you're feeling a bit less stressed today, glad this is working out for you. Last step is working out a good exit point.

Bit *too* quiet from MW today, not even a tweet. I guess the idea would be to sell as soon as their comments come out and buy again when Burford replies.

I was specifically told by by Trevor that there would be no running commentary, there would only be an RNS when something was concrete.

My view on the share and possible scenarios.
1) HVO are in talk(s) with major pharmas and it is taking a long time to reach a deal but a deal will be reached.
2) HVO have been approached or have approached all of the major pharmas who may be interested and every single one has been a dead end
3) HVO had a few chats with pharmas, but felt Thier time was better invested elsewhere.

I'm sure we can agree that 3) seems very unlikely, they didn't put the time, money, and effort into the development only to let it go to waste through laziness. I don't believe any right-minded CEO would allow this to happen, and Trevor certainly seems to have his head screwed.

If all options had been exhausted for 2) one would expect them to look for funding to go it alone (with Seek), yet there is no news to that effect.

So 1), they are in talks with one or more major pharmas and it is taking a long time to thrash out a deal. Let us hope HVO have more business acumen about them than we give credit for, and some some string negotiators on the case, perhaps playing one off another.

Other points:
We have just had Jupiter buy 11% from Woodford, althought the total owned by II hasn't changed, this is as good as an institutional buy as Woodford is a distressed seller yet Jupiter is a buyer with all the time in the world and they have seen enough here to take an 11% stake.

I know I mention it from time to time but over 100 employees were given share incentive of about 14000 each (if I remember correctly), in the months that followed there was one sale to match that amount, ONE. 100 people on the inside, are holding on to their shares for the long haul, if there was no buzz in the offices, no rumours circulating, no chats in the pub after work quietly advising them to "hold on to them for now..." I think you would have seen a fair few of these pop up.

Patience, we know how much HVO can fly on tiny volumes as so much is held by II. Im expecting either a sale of flu v or a buyout of Immutex entirely. I'm guessing the most likely will be selling flu-v for a strong upfront amount, with milestone payments to follow, but a total sale of the rights may be better for the less patient wanting a quicker, albeit smaller buck.

Good luck to all the holders, we've held for a long time, no sense in throwing in the towel now, no news is good news I believe.

Harry, as an obvious newbie, please be careful and don't rely on boards like this for information as everyone on them has an agenda. Please never buy, nor sell when anyone here suggests you do - you need to make you own well informed decisions or leave the game. Any questions like "what does a sharebuyback mean" are better off googled so as to not seem too much of a novice here and make yourself a target of people's intentions.