Member Info for MrUnderhill

Tried to top up - purchase is listed as pending and it's been pending for well over 2 hours - anyone got an idea on what's happening?

Can anyone enlighten me on why there has been a rush to sell today - I've held TW shares for a few years and I've never seen such high value sells .

There's nothing solid about them. Now comes the slip and slide £1.50 by close of play/Friday? (3p in old money)

it would be foolish to jump the gun don't you think I will wait for the decision on 28 Feb.

If the consolidation goes through at 50 to 1 the new share price based on todays price should be £1.85 - does anyone believe that sareum's true value (at the present position of development) is worth £126m - forget about about last years high of 9.2p which was based purely on dubious speculation. In almost every company that has consolidated (in which I have held shares) the sp fell by at least a third below the "projected" price and remained there. Ok sareum has its pot of drug developments but we are months/years away from any positive bankable financial result.
So I say consolidation means only one thing for PI's - £ losses.

Why are some PI's still talking about multiple bagging when a proven Covid treatment is going to market now that achieves all that Sareum say their pill will - isn't it true that at very best sareum's pill will not be finalised until late 2022 by then pfizer may well have swamped the market. Ok Sareum have other treatments in the pipeline but none are at a point where there is an absolute guarantee of commercial success . How can those of you who claim to be serious bloggers make or support such wild sp predictions . Tomorrow morning's sp will be the true feeling of Sareum's current and immediate future value.

Have any of the tech posters got a view on this come Monday morning. The UK gov. have ordered 480,000 doses of this drug which appears to me to be exactly what we have been waiting for from Sareum.

I'm with ii and have not received my Wickes shares - think I read somewhere that the process of allocation could be up to 10 days.

today's rise is due to a Sunday Mail suggested punt - smoke and mirrors.

It always amuses me when newbies to this board/stock predict ridiculous "Trump style" sp figures. Keep it up you guys there is no impeachment on this forum unless you are really naughty.

I agree the offer document has to be published before the dvrg AGM so that the AGM can ratify the takeover bid, I believe the ceo of dvrg has said it will be posted shortly. I don't quite get your comment of "us MWG shareholders will either okay the 1 for 10 (1 for 1 pre-consolidation) or not" mwg investors have no say in the consolidation as such - as the take over is bound to go through we can only "vote" with our feet either accept the offer (10 for1) or sell our holding in mwg. By the way 1 for 1 does not now exist.

there's one thing I've learned from this board is "hope springs eternal" and I've been here for just over ten years.
GLA

you are absolutely correct that the offer by skin/dvrg in the initial rns was stated as 4.05p but that has to be confirmed by the publishing of a fixed offer which will then supersede the price quoted on the stock exchange. The firm offer cannot be issued until dvrg is up and running. It would follow that if dvrg still believe mwg shares are worth 4.05p the exchange of 10 mwg shares for one dvrg share would indicate that if the dvrg share is worth less than 40.5p at the time of the takeover mwg investors lose out, if its more we gain. Hardly a paper excercise . The takeover I guess will complete after the dvrg/skin agm which I think is scheduled for 25 September.
good luck

The offer price for MWG shares is 4.05p so the sp here should be higher.

put deepverge (one name) into your search engine - there is already a company which was changed its name to DV month ago
and has a number of sub Companies listed some of which are dormant - what gives?

I agree in principle that it is a good business decision to merge the two companies; however if the consolidation goes through (which is likely) my experience is that investors will lose out. I am not a ramper or de-ramper I only seek the truth - I can say no more.
GLA

extract from rns:" If the Share Consolidation is approved, the Modern Water Shareholders will instead be entitled to receive:
for every 10 Modern Water Shares 1 New Integumen Share"

you guys should re-read the rns for your own well being. The decision on consolidation will be taken next Tuesday and ratified at skin's agm then the "merger" will take place - it won't be a one for one it will be 10mwg shares for 1 new integumen. Integumen are offering 4.05 pence for current MWG shares so following consolidation and aquisition one new integumen share should be worth 40.5 pence but that will not last and many investors will lose money. This is my forecast having seen this happen many times in the past 95% of which never reach their equal value.

extract from rns:" If the Share Consolidation is approved, the Modern Water Shareholders will instead be entitled to receive:
for every 10 Modern Water Shares 1 New Integumen Share"

skin shares are to consolidated at 10 to 1 which mathematicaly should result in a new price of 10 x price at consolidation = somewhere around 40p; then MWG shares will be converted to skin at 10 to 1. BUT skin shares will not stay at 40p they will decline because the combined company will be over priced - my forecast of this fall will be to around 5p - if we are lucky. You're a believer ?