Member Info for Peterm35

Lyne took over as CEO of Arix in Oct 21, 18 months later (hopefully we don't wait that long) they underwent a strategic review and in Nov of that year they were taking out at a 46% premium. I didnt know Arix that well but it looks to have also been a portfolio company.

Fingers crossed

This is probably the biggest news we've had for a long time this morning. CEO has stepped down after a considerable bit of value destruction. The tender offer at £2.50 seems nonsensical now given we've been below half that price at points. Personally hoping for a sale to pe now. Looking ahead for an acceleration of Cobenfy sales, LYT data and SPtX listing. I still hold on to the fact that at the Series B fundraise for Daphne she commented about her short time as a CEO of a private company. More than hinting at an upcoming listing. Having listened to her Live on X I believe shes waiting on a more favourable market for Biotech before doing so.

Noel do us a favour. Give it a rest. Cheers

Found a website suggesting a valuation of $734m giving a $256m valuation to PRTCs equity stake. Just one of the many examples of Puretechs valuation disconnect.

I very vividly remember Daphne Zohar describing her 'short time as a CEO of a private company' genuinely think an IPO for Seaport could be any day. And fingers crossed its at a valuation at or above the one here.

https://forgeglobal.com/seaport-therapeutics_ipo/

They do. Leerink

200k purchased after the shares have risen 122% ytd. By the CFO no less, that's a huge endorsement at this price.

What do people think on a Balatro sequel or even some DLC? I would have thought this was a given after the success of Balatro. CEO of TRU was asked at the last Investor Meet Company and replied that he'd leave it up to the Playstack team to communicate that. But I've heard nothing on it yet? Anyone have any thoughts?

Thanks for that Dallo. Sounds like the board/CEO getting hounded to ensure the value disconnect is put right!

Did anyone happen to listen to the Analyst call?

That's actually such a good idea

Any idea what the forecast was JSB? Was it not $10m last quarter?

Cannacord have increased their target price from 35p to 37p which I think is a massive low ball.

They do admit though that the valuation excludes...

We note that there are a number of elements that we have excluded from our valuation in the interest of being conservative, including higher grade supplementary ore from the potential Segilola underground orebody (2-5 g/t), an expansion of the ore reserve via higher pricing assumptions (last update was done at US$1,600/oz), and the Douta project in Senegal (which could carry a higher NPV than Segilola, and potentially be funded out of cash on hand and a small debt facility )

THX mentioned in Shares Magazine (AJ Bells publication) this week.

Investors comfortable with taking on greater risk could look at Thor Explorations, which has just announced a maiden dividend and has committed to this payout for the next two years.The annual dividend of 2.75p will be paid on a quarterly basis and implies a yield of some 9.2% at the current price of 30p per share.This generosity to shareholders is underpinned by the ramp-up in output from its Segilola mine in Nigeria.Canaccord Genuity forecasts that even after paying this dividend the company would finish 2025 with net cash of around $144 million if gold prices hold above $3,000, which means it still has the means to invest in exploration opportunities across its portfolio of assets in Nigeria, Cote D’Ivoire and Senegal.

Early days in Q2 but Gold averaging $3148 so far. That's $428 above the average realised price for Q1. Or $9.73m additional PBT.

Not bad, not bad at all.

This is my highest yielding stock (on original purchase price) I bought at 14.75 so a near 20% yield for me. Lovely. I saw a guy on X who was getting a 100% yield on his original purchase at SQZ. That is the absolute dream

Lovely continuation day today. A big double digit rise followed by high shingle digits is a great omen. Hopeful that II interest is finally here or PE is taking larger positions before making an offer

Nothing to see here folks, just Gold above $3200. 30p is an absolute given here in the next few sessions.

While it's fresh in everyone's minds, what do people think the bid was at and what do they see as a realistic bid? Emphasis on realistic :)

I'll start. I think the rejected bid was around 180p with a realistic bid of around 210p (hopeful realistic bid)

Lol that was short lived. Hopefully we see something off the back of it though. Means pe is at least interested.

Buyback and a special divi for me. Buyback especially given this small (relative to the rest of the market) pullback last few days. A special divi because it's not a commitment to an ongoing divi, which I think is important considering the caped required to get Douta operational.