Member Info for twix386

I do expect b/e noted in trading update and hope delay is due to finalising uk withdrawal. Job no. 1 is to get this litigation mess resolved after the years of disasterous legal misjudgement.

Florida, I agree with much you say however I expect it will be UK only as in Europe we cannot be sued directly, but our customers can is my belief and reading if the situation. Still not good, but Premaitha would not be in the frame there and with a tougher landscape for illumina with German ruling and eu more willing to protect and courts ruling less clear and a different dynamic wrt anti competitive practices if illumina refuse to allow us to pay a license fee in eu (eu comm). All told I think as we cannot be sued imv (but our customers could be) then we will exit UK only. Aimho

Florida Imv UK withdrawal is on the cards and hinted at in rns. I don't think EU withdrawal is in the table.

Imv we will pull out of UK and I hope we do. Only doubt for me would be z surprising settlement. Hence Wales irrelevant . end Aimho

YES INDEED! Unlike nearly all the other periods and expectations to deliver shareholder value. Good weekend all

Yup, though I would swap the number priority around as sorting out litigation is top priority imv

Meaning.... I still think 50p is attainable, but not necessarily now within those options expiry date. That adds some doubt, as either going to take longer or temptation for bod to recommend TO at lower price assuming 50p by next Spring is unlikely. Time is short to deliver and target 50p for 30 consecutive days . aimho

Yes, 50p for 30 consecutive days. Timescale wise that potentially requires longer to attain that stipulation before those 50p options can be exercised and when expiring next Spring. Sounding a bit of a tall order or requiring a steady stream of newsflow and new product following UK business decision and b/e. Could happen, but odds must be against unless Premaitha really deliver and re-rate this year to set up targeting 50p for 30 consecutive days. 50p still very possible imv, but a tough ask taking into account our track record of missing expectations and disappointing the market. Still you never know, as way past time for a change of luck here.

Thanks Hemo

Cricky, I hope we make 10p sometime shortly after our April trading statement or news on UK business if it comes after. Then again I always hope for the best and get mullered by premaitha's converse reality!

Hemo, Worth the wait if done. What's the options expiry date?

Agree and yet if we keep dropping (much more) from here with April's trading statement due and news on UK business and b/e one trusts, then it would be a sign of a critical mess (continuing). I hope from here and with what we have all suffered we are at the lows and will bounce up on news in trading statement. Pleeeeeeease!!!!!

what's the difference. If I stay in trading account, I use previous losses to offset future profits. If I move to ISA via bed and ISA with trade prices basically the same(4p and 4.006p), future profits don't need previous loses to offset, as all profits are cgt free and no reporting. Simplistically, (and perhaps I am being) swings and roundabouts. My losses don't cover potential future profits anyway - though I am perhaps being wildly over optimistic there. lol

That's why I did isa. Sipp done as want to put shares at low into pension for growth rather than any future cgt issue although both are cgt free vehicles and sipp gives tax relief amount as a extra holding at a later date when received from IR

Yes, they are bed and isa and bed and sipp. I have done both this morning

I do still hope to see b/e confirmed. After Dec mentioned at AGM with March the official target, I think it will be announced in April's Trading Update. Very surprising if not. I think SP reaction is much more dependent on litigation news and if that's sorted out. It's time to pull this company up by the scruff of its neck and shake vigorously!! We will see

Hit imv

Excuse my ignorance. What takeover ? I am referring to the option of the judge deciding on UK only settlement terms and making a binding judgement once we stop our appeal process . Can we do it, it is workable and more beneficial than complete UK withdrawal. Judge has presumably indicated his level for a license fee via 10% into escrow and I would be interested in what this route may yield. What I am asking is if there is a better option to ending business in UK and suggesting there may be and asking why it is not apparently being considered?

Florida, AFAIK premaitha have been open to a settlement and basically say illumina are not open to sensible settlement terms - though it has been suggested here by a poster that Thermo blocked a settlement prior to start if our court case . So, whilst we are appealing the verdict the judge will not look seriously at indicating a settlement though I am sure it would be discussed. If we do NOT appeal then surely a decision reverts to the judge to rule. All I am saying is this potential option seems to be being ignored or unexplored. Certainly nothing official is said, other than indications we may stop in UK. There must be an argument to be made on this if we stop our appeal. It may well not be the best option, but right now it feels it is being deliberately ignored and avoided.

Yes Hemo, It should at least be considered and explored and I don't know why it seems we are likely to leave UK without exploring this option, if this is the case.