The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
...or could it be anticipated good news from the Chinese tests, and the SP is being dropped to accommodate a big buyer or buyers? I have nothing to base this speculation on - other than hopefulness and wild optimism!
Well, he might have - but it's far too early to come to that conclusion. He tipped buying at 0.01 and up to 0.0115 (equivalent to 2.5 and 2.875) and selling at 0.016 (equivalent to 4). Adam Reynolds has six months to get his act together - it needs to be borne in mind that it's only been a couple of weeks since this was announced. I will concede that I am more fortunate than a lot of people on this board and have only bought in recently - I haven't suffered the huge losses LTHs have had to face.
Thank you 1GW & Canard. Makes a bit more sense now, but really do wish this saga would end soon.
This is what I'd like explaining; out a few minutes ago... On 16 January 2017 the board of Sepura plc published a circular (the "Scheme Document") in relation to the recommended cash offer by Project Shortway Limited (a wholly-owned subsidiary of Hytera Communications Corporation Limited) for the entire issued and to be issued ordinary share capital of Sepura (the "Acquisition"). The Scheme Document disclosed that Alphagen Capital Limited had provided Hytera with a letter of intent in favour of the Acquisition in respect of 36,423,615 Sepura Shares (representing, in aggregate, approximately 9.84 per cent. of the Sepura Shares in issue as at 12 January 2017) (the "Letter of Intent"). Pursuant to the requirements of Rule 2.10, Hytera announces that it has been informed that Alphagen Capital Limited is no longer able to comply with the residual commitments in the Letter of Intent following a transfer of the management of the relevant Sepura Shares. Henderson Global Investors (Holdings) Limited ("Henderson") and Lombard Odier Asset Management (Europe) Limited ("Lombard Odier") have entered into an agreement whereby the management of certain funds (including those listed in Schedule 2 of the Letter of Intent) have been transferred from affiliates of Henderson to affiliates of Lombard Odier. Accordingly, Alphagen Capital Limited is no longer able to comply with the residual commitments set out in the Letter of Intent.
Can someone translate this into simple English (or Welsh)....
Mr67 posted a link to bloomberg (posted at 14.17). From memory, it was Shore Capital who suggested the possibility.
stew200, you might want to rethink the subject heading for this thread. I am as pi**ed off as anyone, but I'm not aware of any confirmation that the deal has fallen through. What you've written could be classed as 'false or misleading information' etc.
RickyFitts; Thanks for your reply - glad you took my comment the right way. I'm hoping for 20p eventually, but I can see the rationale for getting out sooner if it rises just a little bit from where it is now... I have to concede I'm also unsure of what to do.
RickyFitts: Please take this the right way, but I think you ought to be grateful that you're only nursing a paper loss with a 16.75 average. I, along with many other LTHs, would give my right arm for an average like that.....
Been watching for a while; hoped to get in at 125 yesterday but managed an entry at 118 this morning. Nevertheless, I do feel for those who've been in for a while at much higher prices. I know what that feels like - I was stung badly with SEPU...
A 'record' £400,000 fine from the Information Commissioner for the cyber theft incident. Hmmm...
I stumbled across the new broker forecast by accident in the RTN Share News section above. For some reason, it doesn't appear in the RTN Broker Ratings section. Unfortunately, I also bought in (at 450p) after thinking the price wouldn't go much lower!
Looks to be related to N+1 Singer cutting its forecast from 450 to 335, and re-iterating a sell...
I doubt that the CEO expected this to fall off a cliff when he shelled out the best part of £200k at around 152p last November (along with three other director purchases). I hope I have better luck with my much smaller dabble at 65p or thereabouts!
I may live to regret this, but I've taken the risk of adding a small amount at 5.25p
Thanks for replying, Laughton. And no, the number of shares involved was not too dissimilar to what you were quoted for. Might have to change my allegiance then....
I've tried to trade shares in SGI both yesterday and today (with HL), but without success. The website states that there's no live price available - does anyone know why this might be?
Seems to be holding at 69/70 - or am I seeing what I want to see?
Just had the weekly 'Moneysavingexpert' email. There's a very small paragraph tucked in at the very end regarding the price comparison websites' allegations; the relevant phrase (to me) is 'Comparison sites were under fire this week as their default results hide cheap deals that don't pay em' (i.e. by default they hide deals from companies that don't pay the comparison website). That sentence reads to me as a statement of fact, and an admission that it does go on. There is no attempt to deny that it happens - and this is from a guy who researches these things and who routinely encourages us to use these websites (often in a specific order). Draw your own conclusions, and act accordingly....
Don't shoot the messenger, but it seems as though MS and other similar sites may be investigated for listing their results, not with the cheapest/best for the customer at the top, but the company that pays the most to MS (& others), irrespective of whether it's the best deal for you or me. Apparently there are screenshots of such examples being used in order to encourage the Competition & Markets Authority and the Government to take action. I have to ask - what if this were proved, what would the consequences be to MS and its share price? Could MS be told to repay the balance of what customers have lost (as per Wonga)... http://bigdeal.assets.d3r.com/pdfs/original/271-october-screenshots-and-tables.pdf To the best of my knowledge, this is a factual piece of information and this post is certainly not meant as a deramping exercise. I don't post often and this is my first post on MS despite the fact that I hold shares and it's done me pretty well over the last five years or so. Has anyone more info - or better still, can anyone reassure me that I've just been taken in by a scare story and everything is actually OK...