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"Lesson to be learnt, DYOR and never go all in on a nonprofit making explorer."

And never touch anything that is associated with David Lenigas.

Two lessons for the price of one

This should be flying after that news!

Something bit weird happening though, it's showing up 0% now but the chart is clearly up 10%... maybe gone NT

https://invst.ly/1dq-8u

Up 10% is what it is showing on investing.com

https://www.investing.com/equities/fusion-antibodies-chart

Just popped up 10%!

*money

They've literally got the oney in the bank so no way this doesn't go ahead. Sidara will want to wrap it up as quickly as possible and get things on an even keel, they've talked in the past about their concerns around retaining talent so they'll be keen to complete and steady the ship.

If it's fully subscribed then they'll only take 39% of your shares, the rest will be delisted. In that case you'd be better off selling now.

I assume it means as long as no lender calls in their loan for early repayment and even then it needs to be over £20M

But why would anyone do that, It would scupper the deal and potentially impact their chances of being paid, so doesn't seem like much of a risk unless I'm missing something, which is always possible

Wow FF that's a tidy sum. I'm not at at the same scale but I'm doing the same, buying all I can under 25p

Cheers FF - risk management mate, been burned too often ;-)

Back in now we have a bit of clarity - loading up under 25 for an easy 20%

Yielding around 16% so you make your money back in less than 5 years at this price if divi maintained and reinvested

10% spread doesn't help - 0.6 to buy 0.53 to sell

I've got to stop watching Kitco it's turning me into a stacker.

On the plus side, I just bought a £100 silver coin for £98.70, which is more upside than I see with most of these AIM shares

Appreciate your input NickRubens

Sold for a small profit. Something doesn't feel right with this, sitting too far below the sale price, why aren't people piling in for an easy 20%+?

Yeah second thoughts, I've backed out of that trade, looks like a complete stitch up, taking ownership of the company for less than 40% of its outstanding value

@NickRubens - fair point

I guess for it to work these would need to be trading much much lower, given that 60% of them could be cancelled if the offer is fully subscribed. You'd need to actually make 250% so buy them at 1.8p and sell 40% at 6.27p to cover the original investment. Is that right?

Seems criminal!

I just picked some up for 5.7p hoping to make 10% at 6.27p offer