Aqua Bounty Share Discussion Threads

[lufc5] 01/11/2012 07:51

It has been.

[tez123] 01/11/2012 07:50

What if the share price isn't marked up this morning?

[bronislav] 01/11/2012 07:22

Looks like company had no choice with money running out and the FDA playing politics. Intrexon will have the cash and clout to get a result with this technology and it looks like the fish will be on dinner plates in the not too distant future.I am saddened by the result but not a loser as a few quid to invest elsewhere will be welcome.

[lufc5] 01/11/2012 07:14

You never know, but something tells me this is a done deal.

[bronislav] 01/11/2012 06:49

Anyone out there with a counter bid.

[lufc5] 31/10/2012 19:01

Yeh it kinda stinks really. Like yourself, I will at least be in profit, which is something to behold on AIM....lol.

[bronislav] 31/10/2012 18:56

Lufc .thats why we had a 49 per cent premium .keep the shareholders happy so they will walk away without a fuss .approval will have been rubber stamped but the Fda will have been told to hold back announcment till the deal is done.The money people will make the big bucks.

[bronislav] 31/10/2012 18:52

Well that looks like the end of the road for our interest in the frankenfish.Deals been done and as usual shareholders cut out of the action .The good news I get a premium so I am in profit although sitting in this for over two years for a small profit seems like a waste.I wonder what really went on behind the scenes,the delay in approval makes sense now .wonder if the fish will ever come to market .Of course it will.

[lufc5] 31/10/2012 18:50

1 week before US election....something fishy there imho.
We can rule out the big pay day now though.....
;o(

[lufc5] 31/10/2012 18:25

31 October 2012

AquaBounty Technologies, Inc.
("AquaBounty" or "the Company")

Change in Shareholding and Proposed Offer

AquaBounty Technologies, Inc. (AIM: ABTX), a biotechnology company focused on enhancing productivity in the aquaculture market, announces that Linnaeus Capital Partners, B.V. ("Linnaeus") and its subsidiary Tethys Ocean, B.V. ("Tethys"), together the largest shareholders in the Company, have agreed to sell their combined shareholdings to Intrexon Corporation ("Intrexon"), a privately held biotechnology company.

Intrexon has agreed to purchase 48,631,444 common shares (47.65 % of the current issued share capital of the Company), representing the entire shareholding of Linnaeus and Tethys, for $6.0 million or 12.3 cents (7.64 pence) per share. The acquisition price represents a premium of 49% to the closing price of 5.12 pence per AquaBounty common share on 31 October 2012, being the last business day prior to the acquisition of the shares. Following the close of this transaction, Linnaeus and Tethys will have no interest in AquaBounty shares and their four Directors on the Company's Board will resign their seats.

AquaBounty's Certificate of Incorporation requires any person that acquires securities representing 30% or more of its voting power to make a cash offer for the remaining issued and outstanding capital stock of the Company at the highest price that person has paid in the preceding 12 months. Therefore, Intrexon has informed the Board that it will make an offer ("the Offer") to all other shareholders at the same price per share for the issued and outstanding share capital of the Company not owned by them.

The Company is in discussion with Intrexon about the next steps and shareholders can expect to receive a circular from the Board with its recommended course of action. A further announcement outlining the details of the Offer will be made at the earliest available opportunity. Intrexon and AquaBounty have executed an agreement restricting certain activities of the Company prior to, and during, the tender offer.

[bronislav] 31/10/2012 10:05

Goz.whatever ones thoughts on Obama he does seem like a genuine chap with people's interests at heart .

[bronislav] 30/10/2012 20:40

Understanderbly quiet on here.looks like we three are the only investors.lol.Elections are almost upon us ,Obama would be a supporter as his team have already given financial support with the earlier grant. Mitt Romney ,clearly a business man ,would also probably be in favour.Its probably been a case of lets not add more debate to the elections with the pretentious issue of genetically modified food.Once we have elections over .the way should be clear for a decision. If only it was that simple!!!

[bronislav] 25/10/2012 10:36

Sell coming or news of funding?hopefully news soon from fda.

[bronislav] 19/10/2012 16:11

Not long now to the elections and I would hope bwak Obama wins .hopefully then we will see what is a ridiculously overdue update.

[lufc5] 11/10/2012 11:24

Most fashions come back around in 1 guise or another.....although I've never been one for elasticated shell suits......bit of a fishy going on there.

[bronislav] 11/10/2012 11:19

Lufc.ive had these when tank tops and bell bottoms were in fashion.I am keeping my tank tops and b bottoms in case they come back in fashion.now then now then now then.!!

[lufc5] 11/10/2012 11:11

Been holding these forever....it seems like it.
;o)

[bronislav] 11/10/2012 11:06

Not long from elections now.hoping we still have Obama when its over and done with.hopefullythat will ensure that we have approval and the Sesame Street favourite BIG BIRD.

[bronislav] 06/10/2012 08:43

Reply from fda basically saying we do not have any imformation asto why the delay ,why they put out the soon statement and no imfo as to future timing.

[bronislav] 05/10/2012 07:35

Might help if a few more shareholders email the fda .It only takes a minute and is free .cmon guys its worth a try.gla.

[bronislav] 04/10/2012 16:39

Emailed fda but not optimistic about a reply.

[goz1986] 25/9/2012 12:02

I am not at all upset about the company. I feel they have done everything they can to get approval and reduce the dilution to the share price.......

To be fair if I was the Georgian I would be doing the same thing. We are going to be on our knees by December with the begging bowl.

[bronislav] 25/9/2012 11:04

Goz.elections in November so if its linked to that only a couple of months to wait.Fda will be aware of aquabountys words today in the interims and who knows it might stir them into some limited statement .The company are between a rock and a hard place as winding the FDA up could work against us although that should not be an issue in any decision that the FDA make.It is very poor but only goes to show that the system in place is not an honest fair system.