Member Info for red381

1000 shares only on AJ Bell

Surely they should at least attempt to make a market after all it is their role

Depends on the original agreement but looks like best to convert beforehand if possible

What happens to a convertible note if a company is acquired or merges with another company?
A
If a company is acquired or merges before a convertible note converts, the specifics of what a noteholder receives will depend on the specifics of their convertible note terms. The most company friendly terms call for the note to be repaid with interest to the investor. Most convertible notes call for the note to be converted to common shares in the company at a pre-set price just before the acquisition/merger, often at the same price as the cap of the note. Still others call for the noteholders to be paid back their principal investment plus interest, plus a premium amount, generally 0.25-1.5x of principal, though sometimes as high as 3x. Still others give the noteholder the option of choosing between such outcomes.

Hi rr34, BRH directors took a decision in the best interest of their company when the share price of RMS exceeded the true value of its assets. They may well buy back in as they are an investment company and the case for holding at this level is far more compelling given RMS'S suite of innovations not just the mask which has long term potential in a variety of arenas.

By "he" do you mean PR (director) or (BRH) investment company with a duty to its shareholders.

Seriously mibo, your going for it's my ball I dont want to play anymore.
You could at least have provided one small rebuttal of my points.

Could someone copy and paste so he see's this

So mibo you are aware of risks in a supply chain but did not sell when the price was high.
Being aware and acting prudently for your shareholders (BRH) is the boards job. And yes I do deliberately use the "board" as the selling of the interest in RMS would be a collective decision and signed off by TB.
Once again no proof of dodgy dealing from you just pie in the sky conspiracy theories. Please explain how TB benefitted personally or give up because your looking stupid.

Again you cannot answer mibo, what clues regarding BRH are there in the Times and if they have stated any illegality on behalf of TB and BRH I think they might get a phone call from the lawyers.

No mibo you explain it because all they did was good business as is their duty to BRH shareholders.

Tell me how TB gained personally( heres a clue zero)

OK, somebody explain to me what Trevor Brown and Braveheart's board did that was not legal and prudent faced with the escalated RMS share price.
Whilst your at it you can add why when he has not made any personal gain through share transactions he should be investigated. I am not a relative(honest) but this seems like a witch hunt.
I should have sold all my holdings when I saw the price was pushed up too high but FOMO kicked in so my mistake. I will add on Monday if the herd stampede in the wrong direction.

There is no rule that says any investor(even directors) are obliged to hold onto their shares if they think the price is overly high.
We could all have sold when it was 5p plus, you would need to prove they knew that a delay was coming its not their fault the herd drove the price up.
It smells rotten but I do not believe that the director sells were illegal, Ryan is not that stupid. And as stated T Brown has not personally benefitted, he has not sold shares in either RMS or BRH

To be fair Trevor Brown has not personally sold any shares since june (110m at 0.28p)
He now only holds 38m options at a 1.4p exercise price
he has a responsibility to BRH shareholders as well as RMS and if the investment case to divest the holdings in RMS was strong he had to sell. The whole deal was set up to benefit both companies but when presented with a windfall he had to take advantage of it to progress other projects.

increased to 540k if you are still updating Shuggy and will add more when possible

Anyone know who the brokers are going to be for the Abingdon IPO as Berenberg have been aggressively on the ask all day.

Alternatively they could be handling the large sellers disposal.

For example Abingdon shares at float were £1.20 you would get 1 for every 2 shares in ODX. This would value your shares at 60p each.
You would then hold 50% of your original amount in the new merged company, would be a good result as it was nearly impossible to get in on the IPO (only a theory)

Abingdon IPO and then a share allocation takeover of ODX ( not hostile) forming a large player in the diagnostics arena.

I would just like to add that I was alerted to this little gem by PrivateRyan from CPX board a few months ago and did my due diligence , so thankyou for the heads up and not all tips are rubbish just remember to research thoroughly

Same as Ryan I had 1.2m but sold half between 15 and 20p. I have rules regarding % holdings in any one stock and whilst a reluctant seller it has served me well. may add again if the rules allow but will be holding the balance.

Republicans will control senate and Democrats congress, thats why the market is not phased by a Biden win

It was nicer when it was quiet with just the knowledgeable regulars with their pom poms.

still a nice holding with the potential here.
just kept pushing the buy button when it was hit following stonechecker.
This really is the cutting edge future for diagnosis with great outcomes for the patient and efficiencies for the provider.
The more i read the more i could not fathom the companies valuation