RE: My personal target18 Jan 2026 16:43
75% of the vote required for a take over bid.
If this was really happening then Tim will give out successive bits of bad news to crash the sp, then do another deal with Lanstead and a further placing, putting a huge number of new shares (& voting rights) into the hands of the bidder in order to get as close ad possible to achieving that 75% vote approving such a take over. Tim, soon to retire (?) Would I feel be easily turned by the lure of a large pay off for selling out on pis.
I’m not sure that’s going on just now but if Tim has failed to line up a deal and a big, quick and easy win for all share holders, then I think something like that could ensue. This is AIM and people MUST be aware of the possibility. I hope for everyone’s sakes that doesn’t happen and that Tim and co do NOT reject any offers out of hand without consulting all share holders. He’s has a wild idea of what P140 can do and if others, ie major pharmas who have signed NDAs don’t agree with him then that scenario could play out.
Hopefully we get a licensing deal as spoken of in recent interviewed and RNSs. A share price of 30p + would be fab. Talk of £s is imo stupid