Richard - just thought you might be interested in the likely suspension if it drifts below 3p. How's the ÃÂ£20+ takeover looking now or no new funds required or all the other guesstimates that you've fed the poor unsuspecting novices over the years? Perhaps an apology would be in order. How you have the nerve to criticise me is mind-boggling. Now go back to sulking about the final of Ask the Family where you got slaughtered by the Barkers.
jt 5 Jan '13 - 07:59 - 226 of 378 3 0
PRM, Proteome Sciences:
Cure for Alzheimer's Disease.
Deal(s) followed by Takeover
650 Patent Portfolio.
Low cash burn.
Check-out the thread here:
Advised to Filter the 7 current thread trashers who act in concert.
So the alternative theory - a former CEO needed a total plonker to take over the reins, run the business into the ground and wreck the share price. He then converts his loan into shares at a rock bottom price and shortly thereafter announces the ÃÂ£20B takeover by GE as correctly forecast by a nonagenarian pilot. Some might call this a happy ending although he hadn't bargained on spending his new found wealth on snout in Ford Open Prison, where I understand the gymnasium is first class.
9 years ago to the day.
Peter Snodgrass8 Nov '07 - 09:20 - 13907 of 53547 0 0
My "three week" forecast was made on Friday 26 Oct in my post 12761 and takes us to Friday 16th November for the main TMT deal to be announced - which will then lead on to the takeover offer. I said that was based "not only on the Chairman's statement in the Interim Report regarding TMT licences but also, I believe, on events in USA (eg the need for ABI and others now to conclude sub licenses expeditiously)."
I have no reason to change that forecast. In fact, with my usual IMO/DYOR qualification, I re-emphasise it.
All part of teh grand plan to avoid profitability which would trigger an immediate takeover at a price multiple of several times current market cap before trillions of IP value can be fully developed and unlocked - ergo bloody great news.
#66108. So a "large top up", Bull? How much of this flea-ridden hound do you actually own now? You must be close to the levels to trigger a mandatory cash takeover offer!
BTW have you looked at teh SP chart for teh last 10 years?
Professional shorting rings indeed.
When it come to conspiracy theories and outlandish fantasies, this POS has had the lot over the years.
From the Japanese Tsunami, trees knocking power lines in Ireland down, American buyers 'piling' in later that day, delayed profitability, ÃÂ£16m batches of cash printing itelf, unannounced takeover bids at many multiples of its over ramped price, deals on desks (natch).
The list is almost endless, this is of course why the Joey thread is the gift that keeps on giving.
"If CJP converts his loan then under LSE rules he'd have to make a bid for the whole company"
Not necessarily -
"Ã¢â¬ÅWhitewashÃ¢â¬ï¿¾ waivers under Rule 9
Under the Takeover Code, a shareholder (together with its concert parties) who acquires an interest in 30% or more of the target's securities (or increases such interest between 30% and 50%) would ordinarily be required to make a mandatory bid for the target. However, a Rule 9 whitewash (under which shareholder approval is given to the proposed acquisition of shares) may be sought which obviates the need for a mandatory bid."