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Were appointed back on the 30th July and have not seen fit to issue a broker note? The silence from the BoD's is deafening and the share price dwindling. I thought that I got a good price at 9.5p a few months ago.. lol...
Change of adviser
N4 Pharma Plc (AIM: N4P), the specialist pharmaceutical company which reformulates existing drugs and vaccines to improve their performance, is pleased to announce the appointment of Allenby Capital Limited as the Company's nominated adviser and broker, with immediate effect.
If it's been hard to buy stock all day so why hasn't the price gone up. Strange action by the MMs, they are trying their best to keep the price down. I was expecting some news following the conference in Lisbon last week. I'm sure that the BoD's would have been in discussions with the companies that signed NDA's about a possible JV or Takeover? Come on guys, spill the beans, lol...
Games on Friday? Thursday, lol... the last 10 minutes, 16:20 onwards was crazy with the number of trades printed. Must be at least 80 trades. I'm new to this stock just got in Thurs. AM, took it as a recovery play....
Birdman, there will have been a lot of punters taking a position here in the last month or so given the huge discount to the Jan placing.. These are the guys that are going to sell into any rise, not blaming them for that, just saying it's going to be tough just to get back to placing price...
Unfortunately there are going to be quite a lot of traders here now so it may be difficult to sustain any rise. I've got a long way to go, as my average is 0.30p,,,, I got flucked over by the placing @ 0.25 back in Jan...
NoMark, valid point regarding the nominal share value. Hopefully with MORE being a "shell" there are not any exceptions allowing them to breach the nominal value... but you never know with AIM, companies break rules all the time and get away with it...
I was being optimistic, the 1 trade as you well know is sometimes a precursor to a RNS. Gods knows we need one, given the silence from the BoD's which has attributed to the 42% discount to Jan 25th placing. No doubt some group has been complicit in forward selling the placing shares. As the BoD's don't have any skin in the game, they won't give a shit.. I should have known better than to invest in a company that has Beaumont Cornish as the NOMAD. IMHO they will be up to no good behind the scenes working out the best deal to line their pockets with fees...
Agreed, that 8 million trade has to be a buy. There is no way the MMs would have given a seller a premium price to offload so many shares. They are f?cking at it big time.... thieving, despicable,bottom dwellers that they are. Worst part is they get away with it because the FCA to sweet FA, totally self governed...
As you say Miller somebody has definitely leaked something. Even by AIM's dubious standards the current sp is a joke, now @ a 40% discount to the placing price only 3 months ago.... as usual the LTH's get royally scr?wed, where's the Vaseline... Down here for a reason, time will tell.
Updated research note from Equity Development. Valuation is 1.03p... https://www.equitydevelopment.co.uk/company/?company=Vast+Resources+PLC&c=wYTO