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Some kind of official update would not go amiss then . Agm Friday. So hopefully they will provide it.
Cim9anues as a whole really do need to address all shareholders. Bet holders of one share or a million. This inmv is more important than ever due to the sacrifices 90 percent of the population has made.
Bad start on omegas part te placing and big lth selling out in middle of placing, buts let's see if they can address matters

Unvrkw
I think that is where the problem lies they have raised funds not for the short term . If these orders are going to be substantial in the next six months then a fund raise of this scale is not needed. That inmho is why the share price has crashed since design freze was announced.
They really do need to show orders in the short term I.e within a month inmv . Otherwise they are in danger of losing all credibility. Shame but still holding that this will come good,but have lost all faith in pr rectorit.
I think the greedy green eyed monster has got the best of them

Hopefully. They will now together with other wealthy governments throw everything at this.
Testing has to be answer inmv not just for this but ongoing

Maybe he was guided by his advisors. Just like every government has been and still is.

Trickymatters.
Who will survive with or without the trump administration. He does talk a lot of sense at times and it does seem to come across wrong at times,but at the end of the day america as a whole still carries a great of influence. Tests are the answer and most of these will be financed through America in one way or another. Be it centeral government or private donations. Onmho so dyor etc etc

Supposing this country together with others are building a infrastructure to mass test in one go. All in unison with each other.

Safy
I think it is but cannot be certain. Even if it is this will still take time before validation. just look at how long CD4 validation is taking. all good though for the long haul

Also high on their list should be who leaked the news about the placing before it happened. That is the biggest concern inmv. Surely that should be high on their list amongst over things

Gas is also still firming up. Winter prices are now trading at 40 per therm . It would be nice if some more hedges have also been added

Chrishutch
If that is the case then they should really consider pulling the open offer. After all if they are serious about looking after pi investors then they will. In terms of pr this is an obosolute disaster in attracting new investors. They could alays do a smaller placing further down the line if required. All this has done is to put any new investors off inmv. Im afraid if I was a potential new investor I would not be that enamabled by these events.
As for the house broker should they not be supporting the price until the offer is finalised. They seem to have done the opposite

The placing/open offer hasn't been voted on. Yet the price is now below the offer price. The other factor is that the day the open offer was announced you could still purchase shares to be eligible for it. Why wasn't it set at the day before. Or am I missing something. Surely this allowed speculators to wade in and forward sell shares . Maybe this is why the price is trading where it currently is. If speculators have forward sold what will happen if part of the offer isn't voted through. Buy backs to cover the shorts. I think people are now shorting. This used to occur a lot in the bad old days, but this is now happening on a larger scale.
It is a shame as Merchant has posted that all of Omegas good work is now lost with the way this placing is panning out. A few good rns orders will hopefully stop this

Merchantbanker

I think the problem re the pre emption rights stems back to last year. The company delayed releasing final results because basically they were not signed off.(someone correct me if I am wrong ) subsequently they had to rush through a small placing to bolster the balance sheet. A very small selection of holders were asked to take these up. Which they did. So in summary I think that's why they need approval to issue the extra shares now.
Im of the same opinion as you. Lets get the placing out of the way and wait for all the positive news flow, but I,ll have a bet with you that some past institution will start to build a stake again.

Merchantbanker
A couple of thoughts.
Maybe the company will pull the open offer assigned to Pi investors if the price falls further. Or better still reset the price lower.
Another thought is the price may have been manipulated at this level to facilitate a takeover or collaboration with a large pharma.
Whatever happens I m hoping that they come up with something to rerate the share price back up

Unvrkw
I'm afraid the problem now is that what news transpires will already be expected. It goes down to this fundraising. The majority of holders here now are pi investors. Rather than protect their interests inmv .they have done the opposite
We now have the added problem of no new investors will invest into this now. Looks like it's going back to the bad old days but worse as the larger holders who supported the price have left or are leaving.i still do not understand why they didn't just raise funds for immediate cash and expansion and utilise the overdraft together with an interest only kick back loan

The problem here is the amount that is being raised. As I posted previously they did not need to raise the extra 2.7 million at this stage. All of their conservative approach re funding in the past has gone out of the window. For me it said it all when lth were selling out together with the largest one. Slap bang in the middle of a fund raise.
They really do need to produce some sales and rns them. For me I let my heart rule my head over this . I am still holding, but they really haven't done private investors here a favour at all. Beginning with the rns after the sky interview.

Hopefully something is about to happen Newkotb. I would be happy for an acquisition that would add value and maintain a steady dividend payment. Unless of course a cash offer came in above £2.00. As that's where I see the share price in 18 months time . Even if nothing else happens in terms of developments. Hopefully we will all not get caught up with the second wave of Covid

Newkotb
I still cannot understand why Serica did not buy Rockrose at this price. Unless they are about to be sold themselves.

I am amazed that Serica did not try to buy Rockrose at that price..

Thanks enteleon ,but I am getting older. I'm not a fund manager. I'm a pi investor. Had enough basically, but thankyou from my heart for your kind words

You should be directing this at Sneller. Happy to to take him on spivs at there best