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ASM Antisoma

1.325
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Antisoma LSE:ASM London Ordinary Share GB0055696032 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.325 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Antisoma Share Discussion Threads

Showing 8801 to 8821 of 9075 messages
Chat Pages: 363  362  361  360  359  358  357  356  355  354  353  352  Older
DateSubjectAuthorDiscuss
08/2/2011
08:54
I thought the same duncan - there were no statements above

As bookiebuster shows above, the odds are not good for any return above the current market cap.

the_doctor
08/2/2011
08:47
Hardly £23.4m cash

Firstly that figure was from 5 weeks ago so add on 5 weeks cash burn

Secondly there's nearly £5m in net trade/payables

bookiebuster
08/2/2011
08:47
What are they on about?


The statements made above concerning a possible offer for the Company may or may
not lead to an offer being made for the entire issued share capital of the
Company ('the Possible Offer'). There can be no certainty that an offer will be
forthcoming or as to the terms on which such an offer might be made. The
Company, which is being advised by Canaccord Genuity Limited, will make a
further announcement when appropriate

duncandisorderly
08/2/2011
08:43
Why? £23.4 million in cash, downsizing and is that an offer being made for the company?



The statements made above concerning a possible offer for the Company may or may
not lead to an offer being made for the entire issued share capital of the
Company ('the Possible Offer'). There can be no certainty that an offer will be
forthcoming or as to the terms on which such an offer might be made. The
Company, which is being advised by Canaccord Genuity Limited, will make a
further announcement when appropriate.

Number of Relevant Securities in Issue:

In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the
'Code'), the Company's issued share capital consists of 632,462,777 ordinary
shares with a nominal value of 1 pence each ('Ordinary Shares'), each share
having equal voting rights.

The ISIN number of the Ordinary Shares is GB0055696032

Canaccord Genuity Limited Tel: +44 (0)20 7050 6500

Robert Finlay

Henry Fitzgerald-O'Connor

Kit Stephenson

Canaccord Genuity Limited ("Canaccord Genuity"), which is authorised and
regulated in the United Kingdom by the Financial Services Authority, is acting
exclusively for Antisoma and no one else in connection with the Possible Offer
and will not be responsible for anyone other than Antisoma for providing the
protections afforded to clients of Canaccord Genuity or for providing advice in
relation to the Possible Offer, or any matter referred to herein.

Disclosure requirements of the Takeover Code (the 'Code')

pwhite73
08/2/2011
08:04
Looks doomed IMHO
clubman
08/2/2011
08:00
Am I missing something?I t comes out with all the rns rubbish that we know then half way down it refers to how a,"possible offer for the company"cannot be guaranteed and all that twaddle.Have they received an approach because I can't see it in the rns?
duncandisorderly
08/2/2011
07:09
Looks to have found some buyers, still very risky could go bust.
clubman
07/2/2011
16:51
Funny old world, price up at the close with a 10,000,000 sell at 4.35pm.
freddie ferret
07/2/2011
07:23
re.AML


look at sar today, they've cracked it,...

dahmmy
04/2/2011
09:01
Wow a 10 million share deal at 8.57am

Is this ORA again?

and another 5 million one at 9.02 am

ajmace
04/2/2011
00:54
ORA, the investment vehicle of Richard Griffiths, founder of the investment bank Evolution, declared a 10.8 per cent stake in Antisoma, the drug developer that has developed a string of drugs that do not work. With the Welsh Wizard's reputation for unlocking shareholder value, it would be no surprise if he pushed for Antisoma to be wound up to release its remaining £23.4 million of cash. Shares that changed hands for 214½p in 2001 edged another 3 per cent lower to 2¼p. They were never cheaper.
pwhite73
03/2/2011
23:47
Good point. But the one thing that separates Antisoma from all the others mentioned is that it actually has the money to apply for licences, explore and mine for gold.

At 2.3p, ORA owning 11% and £23 million in the bank the real journey for ASM shareholders is just about to beginning.

pwhite73
03/2/2011
22:12
bigwadds - 3 Feb'11 - 20:44 - 5514 of 5514

"Ultimately though, the company has no real drug remedy which could be introduced and marketed before they run out of funds."

Absolutely. This is why I think there will be an announcement shortly regarding a complete change of the company's business. The £23 million cash pile will be put to use in a business that is less risky and offers more immediate returns, like gold mining.

pwhite73
03/2/2011
10:13
People still buying. Am I missing something.

As the great WB said go against the herd. Did he mean sheep.

clubman
03/2/2011
08:47
PWhite73

I agree with your rationale.

Please note: I believe the share movements were happening for months around the 6p mark. Me and Freddie Ferret made several observations and stated them on ther board. I agree that someone is aquiring and to be doing that must have had prior knowledge to the last RNS content.(Crystal balls).

They will be in control of the share price and much to my disgust i expect the price to oscillate around this area for the interim whilst they take shares from weak holders.

The only thing on your side is the time pressure of cash burn. So whatever they are up to they will have to do sooner than later.


This is a double your money against lose most of it punt.

If you held ASM you may have emotional attachment. If your new to it then your evaluation will at least be made on current fundamentals. Expect the unexpected.

The next results may not be what you expect.

Best of luck and good hunting.

Regards.

W.

wilba
03/2/2011
08:33
Wilba

ACE like all delisted companies simply ran out of money. See RNS 01 September 2010. It is not as easy to delist as people seem to think. A case has to be put to the LSE and the FSA.

ASM cannot delist when it announce on 31 January 2011 it has £23.4 million in the bank.

pwhite73
03/2/2011
08:26
Agreed pwhite.Stock in ASM is getting picked up deliberately and methodically.This will end up at least 4p.
duncandisorderly
03/2/2011
08:26
I suggest you have a look at ACE and its recent delisting. Thank you for the gramma lesun. I wish you well. Three sequential failures is a disaster and has come at a very bad time for the BIO sector in general.
wilba
03/2/2011
08:13
So ORA (Guernsey) Limited are picking up the shares the others are selling. I would imagine ORA made them an offer for their stock. If you look at their website it does appear to me they have plans to invest or merge one or more of their AIM businesses with Antisoma.
pwhite73
03/2/2011
08:13
Interesting...........


Welcome to ORA Capital Partners Limited
The principal activity of ORA is the growth and development of businesses in which ORA has or acquires either a significant minority or a majority shareholding. ORA's holding generally results from participation in the formation of new businesses or from acquisitions.

duncandisorderly
02/2/2011
20:46
Henderson Morley (HML)
bookiebuster
Chat Pages: 363  362  361  360  359  358  357  356  355  354  353  352  Older

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