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RNVO Renovo Grp

15.625
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Renovo Grp LSE:RNVO London Ordinary Share GB00B081NX89 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 15.625 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Renovo Share Discussion Threads

Showing 8826 to 8844 of 9125 messages
Chat Pages: 365  364  363  362  361  360  359  358  357  356  355  354  Older
DateSubjectAuthorDiscuss
21/6/2011
12:14
agreed. looks like hopefully a steady, slow rise up towards 16.5p, and as said in the meantime some news on Juvidex to boost the coffers a bit further would do nicely.

Off to Glastonbury to brave the rain and let rip, hope that rnvo behaves itself in the interim

holly_dog
21/6/2011
10:42
the_doctor, i think the same.
daytraders
21/6/2011
08:14
The plan they're going for is IMO the best way to get maximum value to shareholders (short of a bidder coming in and paying a good price - which is possible)

shareholders will I think get
a) ~16p/share via the buyback in the near-term. Possibly up to 19/20p if Juvidex is first sold
b) 1-15p/share (possibly more) for Adaprev, Prevascar and the pre-clinical products. IMO there would then be a further, final distribution to shareholders if the products are then sold off

on that basis, and the limited/no downside, I personally think the sellers are daft - but I guess that's why there have been buyers taking the stock in

the_doctor
21/6/2011
07:33
because they arent liquidating the company!

They are keeping it running, so that rather than accept little for products too early (prior to results coming in), shareholders will get a chance at more later if results are positive. Either way, there's little downside risk of doing that.

the_doctor
21/6/2011
05:04
why would they do a buyback when they are ineffect liquidating the company?
2bozmo
20/6/2011
22:27
they certainly are keeping us in the dark arent they, i would have thought an update would be about right.
smith99
20/6/2011
21:32
The company has not suggested a special dividend, so I'd suggest forgetting that.

Am I right in thinking that for RNVO (company or shareholder), there would be no tax implications of a buyback, aside from income tax for shareholders with gains?



'In the event such action is agreed by the Board'

They've had 90 days to think about it.
what's there to think about?

I guess they had to (formally) now run it past the large insts beforehand.
We should know soonish then?

IMO, the plan may also depend on any product sale discussions.

I'm guessing that in 6 months or so, shareholders will own an AIM listed vehicle with rights to the products, that would be sat at about 1-5p per share, but could later rise a fair bit higher if trial results are positive...
unless all sold off beforehand

the_doctor
20/6/2011
21:17
also, they only need 1mil to continue work on remaining products, that leaves shareholders with 16.5p to 17p in cash, share buyback is only good way forward, any special divi will be like looseing 40% 20% of share price instantly.
daytraders
20/6/2011
21:14
we dont want a special divi thou, out of 10p you would see just 8p or 6p, how would that be good ?
daytraders
19/6/2011
09:15
I would imagine something like a special dividend of 10p, way of returning excess cash to shareholders. Keeps Renovo as listed going concern with enough cash left to continue work on remaining products
2bozmo
18/6/2011
16:30
so what does all of these means in the mean time
hollerich1
17/6/2011
19:39
what ever proposal they put to the shareholders we dont want a dividend of any sort, as that will be like looseing another 20% or 40% from share price after the tax we would have to pay, share buyback at 17p+ is the only way to go, and then keep the other 2 assets going until results.
daytraders
17/6/2011
15:50
if held in a sipp do you still pay tax on a divi payment, i want buyback myself at over 17p+
daytraders
17/6/2011
15:38
Nice chunky 2.8m buy at close
holly_dog
17/6/2011
14:22
Great to have a major holder on the board. Gives me some confidence they will get as much value out of the portfolio as possible.
waterloo01
17/6/2011
13:28
, it appears that's the plan unless they can sell products for a sufficient amount earlier

It's very clear to me that they're aiming to give shareholders as much cash as possible one way or another.

the_doctor
17/6/2011
13:10
How long before they decide what to do ?
joeblogg2
17/6/2011
13:05
divis get priced into a stock - that would raise the share price
works out the same

the_doctor
17/6/2011
12:56
Smith - see below



My understanding is that the price will rise towards the divdend price, and then you are credited with the dividend value, but then this will be offset by the price fall after the dividend is paid.

So in theory if price is now 13.5p, then rises towards 17p, and they pay dividend of 17p after it is paid, but then price will drop accordingly the next day, so you are essentially left with the original gain from 13.5p - 17p.

I may be interpreting this incorrectly so do shout. But stock buybacks are best as it will drive price up in simplest way and no worries about taxation

holly_dog
Chat Pages: 365  364  363  362  361  360  359  358  357  356  355  354  Older

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