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There’s no presentation at AGM. They just count votes on the company resolutions. I guess they could present if they wanted to, but they just did one recently. Most companies don’t do a presentation for AGM. They were more common back when online presenting wasn’t possible and information was only distributed in printed annual reports.
Probably wanted the shares in ISA or SIPP.
It says the retail broker option is not part of the placing, so doesn’t matter what the take up is,
“ CEOs of these AIM companies that pull off these massive dilution activities need investigating”
It’s the broker that gets the investor group together, not the CEO. Problem is the institutional Investors know they run the show, they’re the brokers mates, and they won’t cough up the money unless they get a massive discount. The broker won’t go to PIs unless he’s really confident he’ll raise the total amount the company needs. If they don’t raise it all, the deal falls flat. So unless the company is on a massive upswing, the discount is baked into the equation. So the only thing the company can do is not take the Institutional money, preserve the share price, and go to PIs asking for millions. Chance of success?
Um, I’m not sure if you’ve noticed yet, but 99% of what gets posted on this (and most) LSE boards is uninformed pump and dump BS. Lockdown loonies with time on their hands. That’s why you’re still here at less than 4p
Nothing sells itself. there is a sales manager on linked in Alex Mann and a sales team they recruited, but indeed, Roger65 makes it sound like budd is creating, testing manufacturing and selling all by himself. Pharmaceutical sales are not like consumer sales - it takes a lot of effort to get doctors to change, the inability of the nhs to modernise is ample evidence of this,
Just to repost what I said on Sunday when everyone then piled on. My timing took a day longer, but not bad. Quite interesting to go back to Saturday and Sunday posts to see who the fantasists here are.
“ So much speculative nonsense posted on this board. Company is on the news and suddenly it has a billion dollar valuation. Is anyone serious here at all? Even people I thought were a bit sensible are posting rubbish. We all know it will open at 38p. Spike to 42 by 8:20, get heavily sold over the course of the day and close at 32. Queue screams of MM manipulation and insider trading. Then this board breaks out in a ****ging match with Lloyd, Penny, an a few other ******s, followed with 400 acrimonious posts.”
Penny continues with more moronic statements.
CFO exercised share options because he’s leaving. Options expire normally when you leave a company. He made a paltry 6p a share. Not even cover the cost of the trade by much.
Billthebank - you made a whole 5 posts on here, the first last week when you said ‘Sorry I know this is dumb but what is it about next week that could be huuuuge.Thanks‘, (basically, I haven’t got a clue) and now you’re a self appointed long term holder schooling us on the company’s misteps and Budd? Really? This place is hard work.