Member Info for Spikeyj

uh-oh, time to panic! - a buy
recommendation from tempus…

https://www.thetimes.co.uk/article/astrazeneca-pipeline-offers-hopes-of-blockbuster-kl7dgkbbz?shareToken=2850428285705ab3988f893989863039

bought, but only small (‘cos the big bad world scares me atm).

added, but only small, as quite frankly the combination of kwarteng
& putin scares the hell out of me. good luck all honest non-ruskies.

tin hats rather than top ups, eh?

maybe this is truss’s attempt to solve all the channel
crossing /migrant issues etc? …as if she trashes the
economy & the pound sufficiently, then people will be
paying the people smugglers to take ‘em back to france.

? what % main market drop should we
expect from tactical nuke of snake island?

very tempting, but enough for now.
everything looking so shaky, poor world!

(neither is poor old cable, lol)

market today not loving the combination of putin + kwarteng.

one possible scenario, in my admittedly rather cynical view: a “short
pause” while amit phones round those remaining names on his suckers
list, touting what that supposed sale price will be, telling them they’ve
only got a v limited window of time remaining [- buy now while stocks
last, is a special price only for you, my friends! -] in which to give him
yet more of their money to top up their shareholdings before [cough]
there is a fabulous [?beneficial?] payout to all the lucky shareholders.

or alternatively, amit is as honest and reliable as the day is long, & ctag
owns valuable intellectual property / licenses etc which will finally be
sold for a fair but high price, making shareholders happy and wealthy.

? which scenario seems more likely, given the history here?

lol, ludicrous, yet predictable!

note that even this update still doesn’t say anything whatsoever
about actually making any *payment* at all to shareholders …
just that at some point there will be a further update about a
supposedly “agreed sale price”, nothing about settlement etc.

(presumably amit still working those phones to sell more shares!)

… comedy gold, unless you’re unlucky enough to have been suckered in.

? shurely, most sane folk reached that
kind of conclusion several years ago?

it’s also about asset price inflation … the super-rich have plenty of assets
that are inflating very nicely thank you, nice (non-) work if one can get it.

eviking, increased holding by circa 12%.

picstloup, many brokers are thick as mince.

added, small.

the market capitalisation of this entire company is only £2 million, and
they are p***ing away more than £2 million a year just ‘evaluating” M&A.

? how on earth are they getting away with that?!

a few.

“easy job at ADME” - well, that is not consistent with the claim
made by the BoD in the june results RNS, where they stated:

“Administrative expenses decreased by 12% to £2.3
million (2020: £2.6 million) remaining at a relatively high
level and reflecting high M&A evaluation activity…”

so if the company RNS is to be believed (?) then they have been
continuing to spend quite a lot, but with b***** all to show for it.

an easy job, perhaps, but with some risks for the BoD; as
the cash position deteriorates, they run an increasing risk
of being found to be trading while insolvent, which could
bring penalties and consequences for ADME’s directors.

? i agree they must be deferring pay and perks (probably since around
may i estimate) but how will they pay for non-salary related expenses?

… interesting that in the results RNS they commented on their high
cashburn & said that was connected with all the M&A related activity
they were doing …. has all that stopped? (was it ever really happening,
given the pathetically zilch outcomes they seem to have had from all
that supposed M&A work? - so much for those ‘three deals a year’!

& presumably ADME is also clocking up some legal costs re barracuda?

mill, just leave an order in?