The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Having been in this since 80p I completely sold out at 245 last week - Went on hols - left an order that got filled.
Just got back in at 170p , good risk reward here. S.L below 150p but should see a rise back to 200 in the coming days I think
simply because they have more bums on seats... I think
flushing out some shorts there, 170 was getting paid !!
What FREE shares are you talking about. Its been discussed main times on this forum, so feel free to search and read and also read the RNS's
TILS are looking to demerger the STEM part of the business. How they do that is still being worked on.
The preferred option is to list STEM as a separate company, let it trade freely on the market. separate from TILS.
You will get some of those shares if you hold TILS. So you will have share sin TILS and STEM.
The combined value will be the same, until the market decides and the 2 companies will trade freely.
Sry. To effect this change, ADR holders will receive 2.5 additional ADRs for every one (1) ADR held as of 27 July 2020,
its should've said 1.5. but the ratio. is 2.5 ADR = 1TILS. going forward
Where is this Info :
Tiziana Life Sciences PLC has announced a 0.50-for-1 Stock Split, whereby holders will be issued with 0.5 new shares in addition to each share held.
The ex-entitlement date is 31st July 2020.
New shares will be issued to shareholders upon receipt from our custodian. This may take up to 10 working days from the official pay date of 4th August 2020.
Is this taking into account the ratio change of the ADR ??
At the moment 1 TILS = 5 ADR's. They are changing the ratio to 1TILS= 2.5 ADRS , so the price on NASDAQ will change so will peoples holdings..
READ the RNS on July 15 https://ir.tizianalifesciences.com/news-releases/news-release-details/tiziana-life-sci-plc-change-ads-ratio-0. The update is referring to the error here :
To effect this change, ADR holders will receive 2.5 additional ADRs for every one (1) ADR held as of 27 July 2020, its housed had said 1.5. but the ratio. is 2.5 ADR = 1TILS
Thats how I read it, please correct me if Im wrong..
Are you referring to the RNS from July 15th ???
New York/London, 15 July 2020 - Tiziana Life Sciences plc ("Tiziana", AIM: TILS, NASDAQ: TLSA), announces a ratio change to its sponsored Level 3 American Depositary Receipt ("ADR") programme.
Please note that pursuant to the announcement earlier today, to effect the change to the ADR ratio, ADR holders will receive 1.5 additional ADRs for every one (1) ADR held as of 27 July 2020, the ADR record date (and not 2.5 additional ADSs as previously stated).
Its bounced from 145 last time to 204.
This move down is partly created by the ATM wanting to be finished before End of July. The new ADR ratio changes next week (although this will not affect anything , even though some people think it does).
Also having been on this board for 3 months, there have been a lot of new names now posting who have all bought it above 160. My research showed said people had posted less than 20 times on LSE, People saying cant wait for my 1:1 shares, waiting for my free shares, you must be mad to sell etc etc. Its classic AIM, over bought and now over sold.
Ive seen it happen in so many shares on AIM. I got out at 165 and more at 190, having bought at 80, 89, 117 -due to the new names saying it was a no lose bet.
I still have 1/3 of my holding and will be buying more in the 140's
We have the AGM next week, the new promo video as per the one on BBG a few weeks back, and a healthy looking future.
DYOR and choose your entry and exit points.
GLA
What better deal are you getting on AIM than you would do on NASDAQ ?
the ATM ADR program... The company is raising money by selling shares in the US market
I Like be fearful with people are greedy and greedy when other are fearful
Hence, I bought back the shares I sold yesterday.
The value of your holding will stay the same - the price changes so does your holding .
Nothing to worry about..
E,G
10 shares at 10p. will go to 5 shares worth 20p
IF this does demerge :
It doesn't matter how many shares you might get in the new company as the value of TILS will reduce and the combine value of the 2 companies will be the same.
Usian and GTFC and others. what 1:1. are you talking about ??
TILS are thinking about a capital reduction, and a spin off of the STEm part of the business - its been discussed SO many times - even this morning.. There are no free shares BOGOF etc etc.. Regardless of how many shares you own, after the corporate action the VALUE will be the same.
Why would it make it easier to do ? whats the difference in Dividing by 1 instead of 5 or 20 ??
Did you buy in ???
I doubt it, thats why they are doing the $20mil raise at the moment via the sales of ADR;s
Anticipating an RNS to coincide with the Nasdaq opening. - saying what ??
Has anyone else's broker revised yesterdays high ?
Im with HL.co.uk and they have revised the Year high from 172.50. down to 166.50 ?
Agreed, yet how much is it worth ...?
These people are DR's/researchers, their passion is to develop a drug/cure and aid the medical research of products., not just to make money. Its not a finance company they will build up, sell, make a lot of cash and watch it crumble. If it is sol, not only does the price have to be right but also the future of the company and its development. Which is why I would expect the current board/development team to still want to have some control, hence the demerger.
Thats a possibility but ask yourself. What is the value in the current TILS SP.
Is it based on the STEM. or other products or both ? Once you take STEM out of TILS. the 2 companies will be free to trade
TILS may goto 200 and STEM may goto 400.. Too many scenarios to fathom.