RE: Merck11 May 2022 12:11
Ok, I'll bite, against my better judgement......
The last time I looked Merck was a pharma company. Not a charity for bailing out underwater investors. - Merck make mergers and acquisitions in companies that are potentially of value to them, such as 4D perhaps?
Facts matter
According to the annual report Oxford Finance agreed to lend $12.5m in July last year. Yet of this $12.5m only $5m could be accessed. The other $7.5m had to be held in cash unless 4D raised $45m before April 1st. Newsflash - there was no raise so 4D had to send $7.5m to a US custodian for Oxford - What has that got to to do with a Merck buyout being discussed? Clutching at straws here.
Why was there no raise? Did the $7.5m have to be deducted from the end of year cash balance? - Again, nothing to do with your header about Merck. Getting desperate now Sang.
Someone mentioned Sirius Minerals yesterday. Anglo American ended up picking up the remains for pennies - Nothing to do with 4D, happens in any business. Big leap to assume the same would happen here. You are not using any facts related to 4D at all, just random information to support your own narrative.
4D need cash. I hope they get some - Good, I'm sure they will.
I personally am not prepared to risk 100k to get 300k - Ok, don't. Stop posting if this share is of no interest to you.
Waiting nervously for the US inflation figures. If they are bad will be some buying opps in the next few days. - Off you go and research those then.