Member Info for mick-b

FTSE100 UP 0.65%

https://www.ig.com/uk/indices/markets-indices/ftse-100

CHAR

Was a long term repeated Simon Thompson tip last year of Investors Chronicle fame.

But don't subscribe any more so don't know now....but he probably is still tipping it as it's so cheap now.

On The Beach Group PLC, down 4.4% at 146.39p, 12-month range 81.24p-181.60p. The beach package holiday retailer falls, after a slow start to 2024. In the year-to-date the stock is down 13%.

The national debt from 2010 has tripled from £770B TO £2300B

No wonder the Country's bankrupt repaying the huge TORY debts.

Hemogenyx Pharmaceuticals (LON:HEMO) - down 23% to 1.92p (£22m pre-dilution) - raises $4.2m in 2p placing, to fund leukemia treatment. It hasn’t even reached phase 1 trials yet, so this won’t be the last fundraise I would suggest.

(Stockopedia comment)

"And then the Brexiteers chased the EMA out of town. A really clever move like chasing European bankers out of the City. "

and now we have problems/delays in importing drugs from EU

also BREXITEERS had to cancel (too expense) the UK kite mark that was to replace the EU one.

NOM

I read that TOO ......the CEO said so and most of the board punters want him to GO.

AVCT

Cheers...

This bit is cheerful........

" Co says this raise gives it 2 years cash runway to develop cancer treatment."

AVCT

The company said it had successfully placed just under 51.3m shares at 50p each - a 34% discount to the closing share price on Tuesday - raising gross proceeds of £25.7m.

TRO

Have you still got your AVCT bought at 87p (if I remember correctly)

or have you sold before the carnage

Avacta

Main placing of £25m done

Wincanton (LON:WIN) - up 18% to 600p - New cash bid at 605p!

(missed the important bit)

Terrifically exciting news here - a new bidder (US logistics co GXO) has blown away the existing 490p offer from CEVA Logistics. Sky also reported that Clipper was sniffing around here too. GXO says it has 28% support already. Interesting detail in the announcement shows that the price is 11.9x IAS17 EBITDA, but £45m anticipated synergies (seems a lot!) brings this down to only 7.0x. GXO’s own StockReport shows that its shares are valued at 10.8x EBITDA, so I can see why this deal stacks up. Yet again, we’re being shown how UK small-mid caps are just too cheap! Rich pickings to be had, as this deal demonstrates.

Iconic Labs (ICON) trading suspended by the FCA after c.138% rise yesterday. Co confirms it's in RTO talks.

[SP=5.38 Cap=1m]

Nickel prices advanced and were on track for the

first monthly rise since July last year on worries about supply

in Indonesia and Russia.

FTSE100 🔺 0.25%

https://www.ig.com/uk/indices/markets-indices/ftse-100

https://www.baha.com/Europe-flat-to-higher-premarket-ahead-of-CPI-reports/news/details/61593456?internal=1

Gunslinger hits two balloons in one tenth of a second slow-mo shows.....

Https://www.youtube.com/watch?v=bQ2dOsH5ggo

Https://www.baha.com/Musk-says-Tesla-aims-to-ship-new-Roadster-next-year/news/details/61583583?internal=1

NOM

But bulky in a ZAR betting shop.

NOM beat me to it.

Fastest gun around ‼️