....to predict future from what this co wants to disclose at this point. So I am taking a somewhat positive view.
Puretech have many other sponsored cos aiming at new drugs and therapies. Staying means you are joining the big boys from Invesco in supporting at least the next successful discovery, Taking some money off the table by tendering may be sensible depending on your risk profile and what you would do with the cash you receive. It is very unlikely that we will be told of any progress on another sponsored company before the tender offer because it would upset the tender offer viability. I am going to treat it purely like a dividend by tendering a modest amount and expecting it to be trimmed. Content to hold the remainder.
....I feel pretty sure they have drafted a potential RNS on the implications of the decision in the DAF appeal result but will want the wording vetted by lawyers and accountants before it is released to the market!
Attracted by the yield so creamed off a bit from other winners and started a holding here in ISA. As interest rates fall this SP should rise and since I am not in the bloom of youth (!) dividends matter,8% yield not to be sniffed at!
Harvd - I emailed kzg's advisors earlier with the info about Andrada and just received a nice reply from their Paul Dulieu thanking me and saying will pass on to KZG in case they are not aware of Andrada's interests in Namibia!
....a whole 100 of these babes!! Spent too much on commission by taking them in small numbers but not keen to add when the turn is so huge. Sit and wait now and expect either a share split or an agreed offer.
......is our most advanced and exciting asset. The BoD need to make a decision on this in order to either get it earning something or get us a big wallop of cash and stop shilly-shallying, There is Tantallite and Lithium just sitting there. Extractum digitum!!!!
Not really surprised but it is realistic and they still have enough cash (just!) providing at least one (preferably at least two) of the outstanding matters resolve QUICKLY! In fairness, report admits frustration. Don't see a huge spurt in the SP as result of this RNS but hopefully we have seen a low point now.
For squeezing in at no.29 in today's top gainers. That makes three of mine in today for first time ever. San'tbe accused of pumping coz I'm not telling here the other two!!
Great if the other few million go to Tony's mates. Most of us, including me, quite content with my numbers left in this.
Might think otherwise in 18 months if all goes wonderful but hindsight is a beautiful thing. The balance of risk in the p/f is what matters in the here and now!