RE: DATA12 Jul 2022 18:33
I did research Seek (they’re actually a Company call Peptcell and they are not in great financial shape. They took out a Covid loan of £2m which is repayable in Sept. The Bank has a charge over all its assets (mainly intangible) so they may need to monetise the asset before it gets liquidated which may give Orph the chance to get the 51% cheaply. (Of course my info is from Companies House which is not right up to date)