Aqua Bounty Share Discussion Threads

[lufc5] 28/12/2012 10:35

xcap.
Can I or anyone post on a U.S/Canuk bb? I have posted on one or two in the past. Will try to crank up into full promotion mode this coming weekend. ;o)

[xcap] 28/12/2012 08:57

Main article: Mailbox rule

As a rule of convenience, if the offer is accepted by post, the contract comes into existence at the moment that the acceptance was posted (Adams v. Lindsell (1818) 106 ER 250). This rule only applies when, impliedly or explicitly, the parties have in contemplation post as a means of acceptance. It excludes contracts involving land, letters incorrectly addressed and instantaneous modes of communication. The relevance of this early 19th century rule to modern conditions, when many quicker means of communication are available has been questioned, but the rule remains for the time being.
from wikipedia

[xcap] 28/12/2012 04:07

don't know how you do it bt another excellent find Lufcs cracking read and not ramping but this should get a to a wider audience and all good news for the sp
the newspaper artcile seems very much in favour of approval, even suggesting that a legal challenge could be mounted. I get the feeling that the FDA will have to thread very very carefully now and distance itself from the political agencies for fear of being being accused of "interference with due process", the process being independent from all external (and political) influence. It also appears that the FDA have fallen foul of procedural regulations as well. Odds are imho stacked in gavour of approval.

Lufcs: can you post on any us/canadian bb?

your post 501: exactly what I was thinking eralier today. i am not a lawyer but this would come under the postal rules governing the acceptance of offers. Could google this. I think sadly it becomes accpted once it is either posted or received by the other side ie the offeror or his agent. The fact that the offer has been received before the dealine is immterial. However, if the offer letter is being sent to the shareholders broker and not the offeror directly (ie intrexon) i wonder what the rules would be if the offeree went to the brokers offices and picked the unopened letter of acceptance having telephoned the broker ahead not to open any letter sent to them by mistake? or simply stated that on receipt of their letter it is to be returned as its been sent by mistake. Surely an offeree is allowed to change ones mind before a stated deadline. As always can be argued either way.

[lufc5] 28/12/2012 02:58

Worth a read.........

[lufc5] 28/12/2012 02:39

Why I have posted and asked the Q above, is for a reason. I don't have a clue how one stands, if one accepted the initial offer?
I didn't accept the offer(after reading R Kirk's history) but I did have a conversation with myself. I'm thinking...maybe others accepted the offer before doing the relevant research?
Could that/those decisions be reversed before the deadline?

[lufc5] 28/12/2012 02:18

I posted this on a cr thread, only because there are a fair few knowledgeable folk that visit that thread and may know the A to my Q.
If anyone on here knows the A, then I'm sorry for doing you an injustice.


Q....and this is an open Q to anyone...If one is a holder of a stock, and a bid comes in from a majority s/h(49%) and you accept the offer on the table, and subsequently within the expirery date of the offer, something happens to move the share price more than 100% in the + direction, could one cancel their decision?
ie; If you held a stock and it seemed to be flatlining, then a bid/offer came in(for a circa 30% on your initial stake) and you accepted the offer.
Is it set in stone, or can you change your mind through your broker before the deadline?

Eg. I hold shares in x. Company z offers me a premium of 40% on my initial investment....I think...oooh ok, I accept....then there is some drastic change in the fortunes of x. Oh, I've(Ihavn't) accepted the mandatory offer from z, with an expirey date of 4th Jan 2013. Can a shareholder inform their broker and cancel/alter their initial decision before the deadline?
TIA.

[lufc5] 27/12/2012 16:59

The way this is moving goz, I'd say considerably less than that.

[goz1986] 27/12/2012 16:54

less than 32% by my calculation.

[lufc5] 27/12/2012 16:53

Maybe just a distant pipedream but, it is certainly a possibility(given Randal's previous record) that Intrexon/ABTX could get snaffled up by one of these majors in the future. I for one, certainly wouldn't bet against it.

[lufc5] 27/12/2012 16:45

"Exceptionally illiquid" is an understatement.
I can't really think of another one like it at the moment!?
Up 17% on circa £12500 of buys.
One can only imagine how and what could happen, if there is an increase in awareness/volume. There seriously can't be many shares in free float at all.

[xcap] 27/12/2012 15:52

goz Captian Kirk seems to hold onto his investments until they retrun many multiples
He's a very smart invetsor by all accounts (read link above courtesy of LUFCS)
maybe an idea to follow his exit stratgey and wait for a major (GLAXO :-)) to buy us out

[lufc5] 27/12/2012 15:47

Not sure goz. I'm intending to hold onto mine for a good while yet.

[goz1986] 27/12/2012 15:38

Good, some steady buying coming in. Exceptionally illiquid. How much will MMs pay to take your shares at the moment?

[xcap] 27/12/2012 15:25

only seems to be about 4 posters here
edit: probably well under the radar here as well atm

[lufc5] 27/12/2012 15:02

I can't get an online quote at all now.
Bodes well for current holders imho.
Ps. I'll bet the yanks arn't even aware that ABTX' is a listed co'.
That may be a weekend promotion job.
;o)

[lufc5] 27/12/2012 14:33

.....and AW looks like he knows the potential of this, given his wealth of knowledge and bio background.

[lufc5] 27/12/2012 14:19

Yep, the mms are sure keeping a tight rein on these.
This is so under the radar to the majority of investors.

More about Mr Midas touch.

[xcap] 27/12/2012 14:09

well someone's just taken those 1500 Lufcs @18p

[xcap] 27/12/2012 13:45

none have to go to the market

[xcap] 27/12/2012 13:35

what an excellent find Lufcs
reinforces my/our view tht this may well be many multiples of where we are now
if R Kirk takes AA to market (which is his stated business model) this is going to run into multi milion dollars of annual revenues and we can be sure he will structure the marketing deal to maximise (his) shareholder value
this just gets better and better
(going to sound like ramping, not intended as such)

[lufc5] 27/12/2012 13:30

Max online quote is only 1500 with my broker.
Anyone else?

[lufc5] 27/12/2012 13:12

Bron'. He obviously didn't know, or have the connections that Randal has?

[lufc5] 27/12/2012 13:09

xcap.
I was only using the asian markets as an eg for world time, ie they are ahead of us, as we are ahead of U.S and Canada.
I would hope for some volume this afternoon/tomorrow, as seems to move on almost every trade.
One very tightly held stock!!!
We'll see.
;o)