RE: Very little on the book between current ASK of 6.9P and 8P!28 Nov 2025 10:24
Saw things were blue here and this post - 'Moving up. Great to get back to 8+' - ad so wondered what was happening and so looked at the share price. IT's 6.5p. The levels of delusion here are really worrying and it is exactly those people Tim is talking to in all these interviews. He's got you hooked in and knows it. He will bleed you dry and not worry in the slightest. When he says 'best fit' for a deal and for share holders, he really means best for me and the Directors. Dangerous times here as Juxta has made a very valid point about the possibility of deliberate company value destruction by the BODs and a potential partner. Tim and co could well have been made extremely lucrative offers to delay any deal for 12 months in return for delivering the company on a plate and for peanuts. Pis end up being wiped out, bigpharma get their asset and Tim and co end up being rewarded with one-off bonuses of £5m+ each. That would mean a takeover price could be as low as £50m. That's what the mcap was a few weeks ago but this is now down about 40% for then. This is an AIM stock and no one should be under any illusions about the possibility of such a development. Probably unlikely as it would delay a buyer getting their hands on the asset but it would save them hundreds of millions if not billions of pounds.
When all said and done though, my feeling is a small licensing deal with Avion or their owner for £50m or there abouts. I think they are vetoing anything more major happening and Tim now knows he can't just blithely go and have talks about selling P140 without their say so.