ARK Therapeutics Share Discussion Threads

[the stigologist] 06/11/2014 22:55

maths not his strong point


UCL spin-out company Ark Therapeutics floated on Stock Exchange

Publication date: Mar 13, 2006 4:04:08 PM

The healthcare group Ark Therapeutics Ltd, a UCL spin-out company, has today been floated on the London Stock Exchange. The company was founded by Professor John Martin in UCL’s Department of Medicine, and specialises in developing products targeted at vascular disease and cancer.

The value of the company on the Stock Exchange today is approximately £170 million, and its flotation is the first of a biotech company in Europe for two years.

Professor Martin said: “I hope the flotation of Ark Therapeutics on the London Stock Exchange as a public company will encourage other academics to examine what intellectual property they can generate from their research. I had the initial idea in 1997, and now, under seven years later,

[bigglesbingham] 06/11/2014 22:36

Subject to change!!!

[ten bag man] 06/11/2014 12:31

ARK'S investor page has just been updated:

Interim management statement now due on the 19th.

[ten bag man] 06/11/2014 07:15

We should get some kind of update this time tomorrow.

(As per ARK'S investors page)

[ten bag man] 03/11/2014 15:33

AKT came to the market with a valuation of £170M

It would be rather nice if it could get back their in the next few years.

It fell 99.6%.!!

UCL spin-out company Ark Therapeutics floated on Stock Exchange

Publication date: Mar 13, 2006 4:04:08 PM

The healthcare group Ark Therapeutics Ltd, a UCL spin-out company, has today been floated on the London Stock Exchange. The company was founded by Professor John Martin in UCL’s Department of Medicine, and specialises in developing products targeted at vascular disease and cancer.

The value of the company on the Stock Exchange today is approximately £170 million, and its flotation is the first of a biotech company in Europe for two years.

Professor Martin said: “I hope the flotation of Ark Therapeutics on the London Stock Exchange as a public company will encourage other academics to examine what intellectual property they can generate from their research. I had the initial idea in 1997, and now, under seven years later, we have a public company with five products in clinical trials. Founding a biotech company can bring reward to the university and bring about benefit to society. It is fulfilling to see your research ideas go all the way to clinical application.”

Jeff Skinner, Commercial Director of UCL Business, said: “The IPO market has been closed for so long that this has seriously affected university spin-out activity. I’m delighted that Ark Therapeutics has floated successfully – it’s a great company and its success will help to restore confidence in the entire sector.”

[ten bag man] 03/11/2014 12:05

Significant minority:

From the WWW.

"A minority is anything below 50% of a group. An insignificant minority will be a minority so small it doesn't really matter, while a significant minority will be something like 30% of a group. Clearly not the majority but big enough to be important for whatever purpose you're using it for."


30% sounds about right to me. My sums are based on this 30%(it could be higher or lower than 30%, time will no doubt tell)!

If,(and it's a big if) this is in the ball park then here are some of my ideas.


AKT shares stopped trading on March 28th 2014 @0.524p with a market cap of £1.2M

Just for that value to stay the same of the first day of dealing the new company would have to have a market cap of around £4M

Anything under £4M and old AKT shareholders will be making a loss (Based on the share price of 28th March 2014.


So here we go.

Market cap on first day of dealing.

£4M break even.

Then each extra Million pounds of market cap should I think give ARK shareholders and extra 30% on top of the £1.2M market cap on March 28th 2014.

Thus:

Each extra million of market cap gives AKT shareholders an extra £300,000

If the market cap on the first day of dealing was £14M AKT shareholders should be better off to the tune of £3M pounds.

The share price would then be up 250%.

[ten bag man] 03/11/2014 08:44

RNS Number : 4238D

Ark Therapeutics Group PLC

28 March 2014

28 March 2014

Ark Therapeutics Group plc

("Ark" or the "Company")

Signed Heads of Terms and Suspension of Trading

The Board of Ark is pleased to announce that the Company has signed heads of terms in connection with the possible acquisition of a revenue-generating and profitable UK-based private company in the healthcare support services sector ("Target").

The transaction would be structured by way of an acquisition of the Target by Ark in consideration for the issue of new Ark shares to the shareholders of the Target. Due to its size in relation to Ark, the proposed acquisition of the Target constitutes a "reverse takeover" for the purposes of the Listing Rules. However the intention would be that the existing Ark shareholders would retain a significant minority of the equity of the enlarged Company. The Company has requested that the listing of Ark's Premium listed shares on the Main Market of the London Stock Exchange be suspended by the UK Listing Authority pending publication of the required shareholder documents. Shareholder approval would be required to approve the acquisition of the Target which would be sought at a general meeting to be convened in due course, after which the Company also expects to seek a lifting of the trading suspension.

The Board expects to make a further announcement in due course.

[ten bag man] 03/11/2014 08:39

AKT shares traded at 0.345P at the start of 2014.


The directors paid ten times that amount for stock,so just to get their cash back they require a massive jump in the share price. (10 x)

The only way to do that,(in my view)is to do an RTO.

The RNS OF THE 28th of March 2014 tells shareholders the plan is to pick up a lump of the new companies shares in exchange for the FULL PREMIUM listing AKT has.

That in itself is pointing to an instant gain for AKT shareholders.

In effect part of the new company is to be given to us.!(if the RTO goes through)

On top of this we will then be shareholders in the NEW company.

That new company would have wanted to come to the London Stock Market for a reason.

[joeblogg2] 03/11/2014 08:13

Hi TBG hope u are well!! Been a long wait here and hope patience will pay off.

[ten bag man] 03/11/2014 07:20

In the case of AKT.

It is PREMIUM listed on the London Stock Exchange.

Might want to look that up.!

Note also the track record of the directors and the funding for over £250M they have bought to the market.

Then take a look at the large shareholders,heaps of top city names inc Standard Life.

AKT has stated for the last 18 months that it intends to do an RTO or hand back the cash in the company to shareholders.

[ten bag man] 03/11/2014 07:11

Also might like to read this.

The Securities and Exchange Commission (SEC), and other regulatory and enforcement bodies, take action against the worst scams from time to time. But because they they’re underfunded, these organizations have a hard time combating the dramatically rising wave of penny stock promotions.

While the pitfalls abound, you can easily avoid penny stock scams and promotions if you take these steps:
•
Choose companies on better markets. Only trade penny stocks found on the NYSE, AMEX, NASDAQ, and OTC-BB. Better markets attract more legitimate companies, while almost all scams occur with shares traded on the very low quality stock exchanges.

•
Avoid free picks. Whether offered free of charge from a free e-mail newsletter, an unsolicited fax, or an Internet message board, free picks almost always have hidden motivations behind them.

•
Do proper due diligence. Even if you get a pick from a trusted source, you should put it through your own rigorous due diligence. Make sure that you feel good about anything you invest in and always take responsibility for your own trading decisions.

•
Discern the source. You may hear about companies from a friend at work, or stranger45338 on some message board. Either way, even if they have good intentions, maybe they don’t have a clue about what makes a good investment. Don’t follow what they tell you just because they’re excited or adamant about the company’s prospects.

•
Build trust. When someone demonstrates a strong track record, or leads you to some winners, you should gradually (but cautiously) put more faith in them.

[runwaypaul] 02/11/2014 23:25

may be of interest



FINRA, SEC Warn Investors About Penny Stock Scams Hyping Dormant Shell Companies

WASHINGTON—The Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission's (SEC) Office of Investor Education and Advocacy today issued an alert warning investors that some penny stocks being aggressively promoted as great investment opportunities may in fact be stocks of dormant shell companies with little to no business operations.


The investor alert provides tips to avoid pump-and-dump schemes in which fraudsters deliberately buy shares of very low-priced, thinly traded stocks and then spread false or misleading information to pump up the price. The fraudsters then dump their shares, causing the prices to drop and leaving investors with worthless or nearly worthless shares of stock.


Gerri Walsh, FINRA's Senior Vice President for Investor Education, said, "Investors should be on the lookout for press releases, tweets or posts aggressively promoting companies poised for explosive growth because of their 'hot' new product. In reality, the company may be a shell, and the people behind the touts may be pump-and-dump scammers looking to lighten your wallet."


"Fraudsters continue to try to use dormant shell company scams to manipulate stock prices to the detriment of everyday investors," said Lori J. Schock, Director of the SEC's Office of Investor Education and Advocacy. "Before investing in any company, investors should always remember to check out the company thoroughly."


The investor alert highlights five tips to help investors avoid scams involving dormant shell companies:
Research whether the company has been dormant—and brought back to life. You can search the company name or trading symbol in the SEC's EDGAR database to see when the company may have last filed periodic reports.
Know where the stock trades. Most stock pump-and-dump schemes involve stocks that do not trade on The NASDAQ Stock Market, the New York Stock Exchange or other registered national securities exchanges.
Be wary of frequent changes to a company's name or business focus. Name changes and the potential for manipulation often go hand in hand.
Check for mammoth reverse splits. A dormant shell company might carry out a 1-for-20,000 or even 1-for-50,000 reverse split.
Know that "Q" is for caution. A stock symbol with a fifth letter "Q" at the end denotes that the company has filed for bankruptcy.

FINRA is the largest non-governmental regulator for all securities firms doing business in the United States. FINRA is dedicated to investor protection and market integrity through effective and efficient regulation and complementary compliance and technology-based services. FINRA touches virtually every aspect of the securities business—from registering and educating all industry participants to examining securities firms, writing and enforcing rules and the federal securities laws, informing and educating the investing public, providing trade reporting and other industry utilities, and administering the largest dispute resolution forum for investors and registered firms. For more information, please visit our website at www.finra.org.

[ten bag man] 02/11/2014 08:34

Looks like we will get an update on the RTO this Friday. (7th)

It is down for one day later than last year, but the * at the bottom says its subject to change.

All fully listed companies have to put our interim management statements twice a year.

Must be a good chance the RTO paper work will be sent to share holders the same day.




"ARK Investors company web page"

Event Date
2013 Annual Report Posted 30 April 2014
2014 Annual General Meeting 30 June 2014
1st Interim Management Statement Announced 13 May 2014
Half Year End 30 June 2014
2014 Half Yearly Results Announced 1 August 2014
2nd Interim Management Statement Announced 7 November 2014*
Financial Year End 31 December 2014
* Date may be subject to change

[bigglesbingham] 25/10/2014 00:07

Deal still on will prob go to shareholder to vote in next few weeks it can't be much longer. I'm just hoping the deal is worth more than the 600000 it's cost them to do. You never know with this lot - money seems to vapourise .

[princeharry] 17/10/2014 18:01

Does that mean we will get some news on Monday? It's all gone very quiet after it was all upbeat on the 1st of August with the half yearly results. What are your thoughts about the deal, is it still on?

[bigglesbingham] 16/10/2014 23:27

Ross is on Australia till tomorrow!

[snoopy12] 29/9/2014 17:17

Surely by now they should be in a position to update the shareholders.

[igu4nas] 13/8/2014 06:55

Or perhaps they are over at the new co.making us lots of money, lol wishful thinking

[bigglesbingham] 04/8/2014 15:10

Half a million spent on reverse take over in six months with at least 123000 post takeover fees. Why not distribute funds in December 2013. Admittedly Ross wouldn't have got his 46000 consultancy fees if this had happened. The deal will have to be exceptional to make up our expenses related to this take over. Any views ??

[tara7] 13/5/2014 17:09

AGM to be held on the last day of June (that is also the end of ARK'S half year.)

Must be a very good chance the RTO GM will also take place on the same day,with the shares being re listed the next day. (July 1st.)

If one counts back 14 or 21 days,(not sure how many days notice are required for a GM) we get back to around the first or second week in June. At that time, paper work will be sent to shareholders inc forms to vote on the RTO deal.

That paper work should give shareholders heaps of facts about the RTO inc number and price of new shares, growth plans, directors names, city backers and so on.