ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

PTI Protherics

45.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Protherics LSE:PTI London Ordinary Share GB0007029209 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 45.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Protherics Share Discussion Threads

Showing 8601 to 8622 of 8850 messages
Chat Pages: 354  353  352  351  350  349  348  347  346  345  344  343  Older
DateSubjectAuthorDiscuss
18/9/2008
09:09
Just read down past the standard disclaimer text in this mornings announcement and saw this:

"Protherics announced on 13 August 2008 that it had received approaches from a number of parties interested in acquiring Protherics.

Other than that received from BTG, those approaches were either withdrawn or were not likely to lead to an offer being made at a level which Independent Protherics Directors considered appropriate."

devbod
18/9/2008
09:08
Sold mine 49p, £4k profit will do for now, wait for the mist to clear, don't fancy BTG stock in this climate.
rayrac
18/9/2008
09:02
BTG down _ Obviously as this is usually what happens. The Buyer share price falls and the Target share price rises. This does not look like a great deal for PTI so why have the board given their blessing. Perception is that BTG would like to get their hands on PTI's "cash in bank".

Will AZN step in with counter bid I would hope so but am not confident. If this were the case why would the Board back the BTG deal. Perhaps the new company is already considering a reversion sale to AZN of their loyalty deal. This will finance the BTG new co for even longer and take AZN out of the running as a buyer competitor.

Just a couple of thoughts!

baht
18/9/2008
08:47
I wouldnt be too disappointed with the deal. The upside to cytofab success has been diluted but is still intact. BTG has its own cash pile and several outlicensed products that are set to generate large recurring revenues over the next few years. Big question mark with BTG is varisolve but even without it we still have a healthy profitable company with bright prospects.
devbod
18/9/2008
08:27
I've waited 12 years for this to happen. I originally got in at 84p when the Companynwar called Proteus.
Should be renamed to Pathetics!

bobby.ifa
18/9/2008
08:21
Because it isnt as cheap as you think, given the risks
the_doctor
18/9/2008
08:21
more like 45p - disaster, rubbish deal - how can the board reccomend?
transco3
18/9/2008
08:10
so at this price why wouldnt AZN come marching in? its not exactly expensive and why wont they disclose the other offer(s)
martinfrench
18/9/2008
08:01
This thread should be entitled "Bad news at Protherics". BTG has a PE just above 125 and PEG North of 2 at the pre-announcement price of 201p, reflecting a tremendous amount of hope value. The subsequent drop in BTG's share price is also reflecting the market's assessment of the risk associated with this small cap successfully absorbing PTI.
ridicule
18/9/2008
08:00
This is terrible news.
A very low price and an all share offer to boot.

Outrageous!!

gregsc
18/9/2008
08:00
BTG sharply down. Over 10% on this news !!!
johnac
18/9/2008
07:51
Just shows that AZ arent that bothered!
the_doctor
18/9/2008
07:50
Don't know of many deals that are settled on the first price recommended. Would like to have seen the usual release first, IE 'Protherics have been offered equivalent to 60p per share for the company by BTG. The company will not be recommending the offer as we believe it does not reflect the true value of Protherics'.
Was this the first offer?, and if so why is it being recommended. This is going against the normal trend of Takeovers.

greekman
18/9/2008
07:43
Looks like a done deal.

Surprising really and rather disappointing. Perhaps those in the know at PTI were rather overstating their prospects after all.

For many a poor outcome.

Regards

johnac
18/9/2008
07:42
Very disappointing - and if BTG keeps it's recent downward trend (as it is today) then it's not even 60P !!
mre
18/9/2008
07:25
Martinfrench,

They need only tell us of the best offer yet put on the table.
But they should have told us if the 'several companies showing interest' had gone down to one.
Keeping very rough figures I find that if deals go through the final figure is usually between a 15% to 25% premium to the initial offer figure. If it becomes a competition of suitors then it is often up to 30%. We can only hope.
Come on Acza, get your finger out.

greekman
18/9/2008
07:20
surely they are obliged to tell us of the other offer and as it stands this deal is truly awful for shareholders
martinfrench
18/9/2008
07:14
Not a happy chappy. BTG down 24p (175/179)
eithin
18/9/2008
07:13
Am I reading it wrong. This is NOT a done deal.

My own personal view is that I would have liked PTI to have gone it alone at least for a few more years. Also it is not yet a done deal, as it is only a recommended deal. Hopefully Acza Zeneca will come back with a better offer although as the deal is recommend and there has been nothing coming out of the Acza camp, it looks like (to my surprise) it is not interested.
At 60p per PTI share I don't think much to it.
Also remember there were others showing interest and as no RNS has been issued stating any have withdrawn interest, methinks a further cash or share deal is still out there.
Still there won't be much us small holders can do as it will be down to the big boys, although I for one will vote against any deal belowe 80p.

greekman
18/9/2008
07:11
dont know that much about them rivaldo but soon will!

if we can still trade in protherics and the price gets to around 55p then will sell protherics

martinfrench
18/9/2008
07:00
A bargain indeed. 60p at least provides a decent return for recent buyers - hard in this market! - but it's still not enough in terms of expectations. BTG has declined recently from its highs so we get slightly more shares. And I do hear very good things about BTG.

What do others here think about BTG - will you hold your BTG shares?

rivaldo
18/9/2008
06:33
A real bargain for BTG!
czar
Chat Pages: 354  353  352  351  350  349  348  347  346  345  344  343  Older

Your Recent History

Delayed Upgrade Clock