10 BAGGER TAKEOVER8 Dec 2017 21:31
Let's me break this down for you and what people have failed to realise from yesterday rns. We are jumping in bed with a very wealthy Chinese company in the pharmaceutical space.
The RNS mentioned that following the investment by Yantai CIPU, it is expected that Mrs Zhang Renuha and Mr Chunlin Han will join our board.
So who are these 2, it was difficult to piece all the information together as there wasn't much in the public domain so I had to be extra forensic about it.
They are a very wealthy husband and wife couple that hold investments through their investment vehicle called (Yantai CIPU) in the pharmaceutical industry in China based in the region of Yantai, and both currently sit on the board of REALCAN PHARMACEUTICAL CO., LTD the husband Mr Han is chairman and the wife Mrs Zhang who is vice chairman. According to Forbes they own a combined 42% of REALCAN PHARMACEUTICAL link as reference (https://www.forbes.com/profile/han-xu/). To put this into perspective REALCAN PHARMACEUTICAL are on Shenzhen stock exchange as a listed company, so it's easy to see there market cap based on the the link below from Google finance (http://finance.google.com/finance?q=SHE:002589) $19.50 billion is their market cap, and check out the names of the chairman and vice chairman, well well well
Very little shares in free float this is only heading one way. Our market cap around £36m, I see a massive re-rate and upside. And what do you know after the investment there shareholding will be 29.9%. How convenient is that I smell an eventual takeover. 🚀