Member Info for potnak

Aye, cobalt but that's where we are. Unless we get something tangible e.g. A bit upfront, it will be a gradual climb back up. A pound is a 10 bagger from here. Those who take up the placing shares will see that as an amazing return. However, Some here won't even break even until £2 or more. The thing that keeps me invested is the deal is the deal and with most shares in private hands, it will have to be competitive.

I dont expect 20p until 1a news but with new isa allowance an renewed confidence, we might see 15p next week, even on Monday.

It's a lot of shares entering the markets. I expect the placing shares could well be traded as low as 15p but most definitely at 20p or 30p. I'm expecting a volotile few weeks/months in the run up to 1a news. I also reckon a lot of the new shares will find sticky hands over the next 6 months.

Hi Andy, in all my years of AIM trading I've come across these type of groups a few times. In theory, it would be great but in practice, you can never please everyone at the same time. If you remember a few years back Thoth organised a small revolt that I didn't join because at the time I didn't agree with the approach. I also didn't agree with giving my name and shareholding. From a GDPR point of view, this is a minefield and presumably, the spreadsheet of the shareholders could still be out there with one of thoths family or worse. I'm not dissing the idea but it has be official, independent but via company channels. Maybe we could vote for who we want as an independent shareholder liason?

Also, Non dilutative partnership!

Interesting. Lots of points to digest there. One being, is they can make a cash payment to clear the RF debt.

You know my thoughts on this SOG. I also think these are valid questions for the board to clarify. If £1.5 million was enough to deliver what they said last week then it should be enough this week. If there isn't a solid plan for the extra £800k then we don't need the dillution it brings to the table. I do like the Num 4 idea of bringing in a proper bio deal maker on board though.

It's pointless going over it, SOG but are you saying the 20% last week wasn't enough? If so, why didn't they ask for more last week? The extended wrap diluted the the total shares by a further 10% for a paltry £800k more in the coffers. A more confident RNS would've stated the wrap was over subscribed but in the interest of shareholder value, they would work with the original offer.

Not sure if that is aimed at me nom. The WRAP shares will most likely be held tight. There will be plenty of opportunities to trade on the coming months.

We can draw a line under it. However, I've averaged down but my buys didn't dilute the pot. this Extended WRAP has diluted your current holding by a further 10%, a 30% dilution in total. To me, it's crazy to congratulate yourself on that. The BOD will be laughing and they need to tell us exactly what they will spend it on. No way should it be for salary.

So would I cobalt. I'd be disappointed with less than £10, after all this time.

I bought this morning HBD. I will keep buying as funds allow while ever under a pound. I will also start trading my new shares as and when the price dictates.

I know I'm in a minority here but I'm with Halifax but wouldn't have taken part unless really needed by the company. Buying via the WRAP, you are paying to reduce the overall value of your current holding. The share price likely wil hang around this level and you could have bought more on the market without diluting the shares. The extended WRAP has added an extra 8 million shares to the pot. Which is crazy. A 1 billion offer last week would have given us £14 per share. On Friday, the same offer will be between £10 and £11 per share. I'm pleased it is done now but not happy about the total dilution. Especially as the cash only gets us to the end of the year if no deals are made.

Anybody worked out the total new shares? looks like? I get 22 million shares or thereabout? Not counting the warrants that RF and the original HWNI have, both of which will need to be paid for, so there is that. Hopefully, the last placing we ever do.

Nice one, Boil! But of shrewd trading you di there. Did you sell over 20p?

Hi Laz, thanks for your answer. I don't want to rock the boat either, didn't want to rock the boat last week before the news. I we have been in talks with prospective partners, then Parker is slap bang in the middle of those conversations. We need him for now. I also believe, if we want a better board, we need to pay for a better board. We can't afford the calibre of people we want. Even though I bought a few times last week and this morning, I get triggered when someone criticises others for being 'negative'. after all that has happened since Aug last year, if you aren't casting a sceptical eye over anything the board says to the shareholders, they will see you coming. IMO, the board need to know we are watching them. They haven't done us any favours with this WRAP offer, it should have been bigger to start with and for only as much as they need.

We haven't got to the data bit yet. No deals until dat ais out and we know what the dosage can go up to.

I'm counting on other Pharma wanting a piece of the pie the BMS has. I don't think any of us will be here in 3 years time. I hope that's because we sold up, not go bust.

Not negatives, a balanced board.

Yes, Damion. The 2a strategy says they plan to license before then, to me at least. 1b, would be done by SAR in Aus. 2a would be done by A N Other in a country of their choice. The new 2a feels like a bold move but desperation can focus the mind somewhat. I want the board to pursue fair value, not dream and chase best in class. If best in class is fair value, then great, crack on.