focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Another poor PI robbed blind by the BoD and II's of an AIM company. Why on earth do any of us bother with AIM, well over 50% of the companies and directors here are basically modern day robber barons.
I notice the new Oxford Pharma website is up and running. Now for them to make some money please.
There's quite a lot of selling going through. People locking in profits I guess.
We are now top mover so far on the day. Great news and congratulations to everyone here who kept the faith and believed in Glynn and the team.
Have shown up this morning in my IWeb account. 1 share per 25 previous as in the announcement. Of course no price and no other information but they do appear to have been issued.
AIUI AIM rules state the investment must be made within 6 months. According to the company website "The Company will be required to make an acquisition which constitutes a reverse takeover under Rule 14 of the AIM Rules within the following six months". Not sure what happens if they fail to though, AIM rules don't seem to specify what happens in that case.
to giving experienced long term AIM investors the benefit of his vast knowledge investing on Jan 13th. File under joker.
I've just spoken to IWeb and they have not had any update from OPL as to when the shares will appear. There is no point calling Oxford Pharmascience as the telephone number just goes through to an automated answering service that says 'the operator is not available, leave a message'. Does anyone have a contact number for OXP other than 020 7554 5875 as we can't now even see historical documents for OXP and I've not saved any of them.
Thanks KungFu. From my reading of the original documents the OXP shares were to be traded on a matched-market basis, does anyone know if this is correct? If so then OXP will be a pain to sell, I hold Cafe Direct and Triodos Renewables and they are buggers to try to shift. Hopefully OXP will instead make billions of pounds profit, give me thousands of pounds in dividends and then either sell themselves or float again
Afternoon STTT. Welcome to the long-term rollercoaster called ARM.
Could you go back to sleep again please, you may miss some more excitement :-)
Blimey sovereign, I thought I was expensive at 3.2. Hope this gets back to where you need it to be as soon as possible.
Does anyone have any more news on the OXP shares? I'm still not showing any in my dealing account.
I filtered pom so long ago I'd forgotten I had done it until I went back and checked just now. One of the best filters I've ever applied I reckon.
Bloody c-diff in South Africa. My mother contracted that in one of the top Pretoria hospitals and it killed her.
Well as no RNS landed I hope you were correct and come January we'll see this climbing back where it belongs.
But it's tiny volumes. No-one seems to be selling so if it is a 'lucky guess' then if anything i wonder if the mm's are trying to shake the nervous into selling in advance of buying news? But I have no real idea and am just pondering, I have no inside knowledge so as always dyor.
EM and R999. I will likely hold as I've essentially written this value off anyway. Shame, as a gout sufferer I was really REALLY hoping the naproxen reformulation would let me start using them like smarties to ease the pain :-)
i'm now 43% down and wondering wtf to do here. Cut my losses or hold and hope the shell may do something worthwhile. I am beginning to seriously dislike AIM.
This was seriously over-sold on the earlier news and is now moving back to where it should always have stayed imo.