Member Info for RENE_to_40p

I'm watching Eddie Stobart (LSE:ESL), also caught up with Woodford and without fail every time both ESL and RENE go in and out of auction together.

... just an observation!

Long time now with no meaningful RNS. I would like an update. Let us know what's going on, please RENE.

That's pretty good for Woodford. Kier down 80%, Prothena -80%, Provident -79%, Purplebricks -71%, AA -68%

https://www.theguardian.com/business/2019/jun/04/neil-woodfords-most-disastrous-stock-choices-a-roundup

A monkey throwing darts at a copy of the stocks and shares spread page of the FT would've done better.

... but I get your point. It seems completely overdone.

The company must know how the 2nd cohort of patients have got on by now. They must be scrabbling around trying to work out when to announce it.

Call me pedantic but £3 to £2.25 is a drop of 25%

I wonder how his own enormous personal wealth is affected by all this.

Totally agree Manifesto. He's shot himself in the foot.

Well there's a price somewhere where RENE is "worth at least that" despite the pressure from Woodford's duff holding and I suppose we'll settle there.

I wasn't prepared to sell at £3.20 so it's kind of irrelevant in the long-run. This is still a binary shot for me really, either the science works and they'll be worth many many multiples or it doesn't and I lose my cash. That much hasn't changed.

Agreed PC01.

Ideally, however, I'd like Woodford's entire holding to be sold before any good news is announced otherwise any lift will be quickly sold in to.

I still can't believe our dreadfully bad luck getting caught up in this :(

I can't believe our bad luck here. Of all the thousands of potential investors we have to have bloody Woodford as our biggest shareholder. Grrrrrrrrrrrrrrrrr.

Be nice if he offloaded completely somehow and ****ed right off.

Market cap now = value of Fosun deal.

No value included for cash in bank or any potential whatsoever.

Bonkers!

Presumably when he reopens his fund there will be a rush for the exit which will force him to sell his liquid stocks so it would seem a reasonable strategy to short some of those investments however he's not going to be able to quickly sell swathes of RENE shares and after a few days the fund will settle and probably start attracting new investors and the short spree will be over. In the meantime I should think RENE will remain pretty much unaffected. If you're looking at Woodford's portfolio to pick out stocks to short, RENE would be one of the last you would target because it's hard to buy and sell in volume and as we all know, positive news from trials or news of another partnership has the potential to send it up wildly.

It's one of those "just our luck" situations where clearly it would be better for us holders if Woodford wasn't such a large shareholder but I really can't see how it's going to adversely affect us now. The damage has already taken place and knocking it from floating around £3 to floating around £2.75 is hardly that significant or worth worrying about.

Relax, hold, make money :)

Thanks a bunch Woodford, you idiot.

Who was the old big holder of RENE from years ago we were please to get rid of? I can't remember their name. Great history of attracting duff investors though. Frustrating but there's nowt we can do about it.

... could launch a hostile takeover bid rather than mess about with partnering. Before they buy up the whole NHS, that is :)

Who cares? What matters for RENE is whether the science works or not. If it does and you hold, you'll be minted. If it doesn't you'll lose your bits.

Thanks Phil. I can't see why they would be classified as non-UK so who knows where our RNS is!!!

I haven't read all the detail but if it was an existing big holder buying or selling but not crossing any threshold, might that allow for the non-disclosure?

So are we never going to discover who made the £3M+ trade?

I'd rather boil my head. I strongly suspect such things are basically scams.

What do you want a report for, anyway? All we actually need is an update from ReNeuron themselves to tell us how the 2nd cohort is getting on. 3rd party so-called "information" is just bluster. The only thing that matters is word from the horse's mouth.

PC01,

I hear what you're saying but I am still fascinated to know whether someone bought or sold over £3 million worth of ReNeuron shares in a single trade and who that person or institution was.

I've been here many many years and that's the single biggest trade I can ever remember so I make no apologies about wanting to know a bit more about it!

I get that the order to buy or sell should be kept private but once the trade has actually executed I feel I have a right as a shareholder to know if someone else has bought or sold shares. I'm probably being naive as to why that's a bad idea.