||EPS - Basic
||Market Cap (m)
|Health Care Equipment & Services
Sphere Medical Share Discussion Threads
Showing 1051 to 1071 of 1075 messages
|Slightly disturbing that there is no mention of the terms of the loan facility.|
|Fantastic news and not something I was expecting. SVB wouldn't be lending up to £3m if they didn't think they would get their money back, so they must have believe SPHR are going to generate significant sales in the not too distant future|
|Sphere Medical Holding plc
("Sphere", "Sphere Medical" or the "Company")
£3 Million Loan Facility
£1.5M is been drawn immediately, perhaps to ramp up commercial activity...
Sphere Medical Holding plc (AIM: SPHR.L), an innovative point-of-care monitoring and diagnostic devices company, is pleased to announce that it has secured a £3 million loan facility (the "Facility") from Silicon Valley Bank.
Under the Facility, an initial loan of £1.5m is being drawn immediately. A further £1.5m loan will be conditionally available until March 2018. The funding from the Facility will be used for general corporate purposes. The loans will be repayable by March 2020.
Richard Wright, the Company's Chief Financial Officer, commented: "Now that we have launched Proxima 4, this additional funding gives us important extra flexibility as we advance through the launch phase. We welcome the support from Silicon Valley Bank which is a further demonstration of the continuing commercialisation of the Company."|
|Thanks Timbo. Exchange Market Size - found it!|
|The baggies lost. Does that mean we won't have a good week?|
Just search the individual epic code on the London Stock Exchange site, for example, here's Sphere which gives the value of their NMS
|Thanks both. How does one find out about NMS for other stocks, as well as other trading conditions. With some shares being quite thin this info is good to know.|
|Also gertie....the Market Makers (MMs) give a quote which is only for the NMS (Normal market size)So for SPHR it is 5,000 shares any order above that and they can give a different quote outside the quoted range..........
Hope all have a good weekend....could be a good weekend a head...if the Baggies can beat United...:-)|
The MM make a market and offer a bid and offer price (the spread) for buying or selling shares. Today the bid offer spread was 9-10.25. Yesterday it was around 9.5-10.25
Someone wanted to sell a huge quantity of shares and instead of getting 9.5 for them, the best price they could get was 7.0 (know as selling outside the bid)|
|What does 'outside the bid' mean and how does that happen|
|Well spotted. Trade was yesterday so hopefully that's the case.|
|Large seller now cleared off?
3/4 million shares sold outside the bid...@ 7p
|.....and a new interview with Wolfgang, he sounds quite upbeat:
|New Trinity Delta note out:
|Under the terms of the distribution agreement, Prhoinsa will commence marketing of Proxima in the second quarter of 2017 and has already placed initial orders for Proxima 4 monitors, launched in Europe yesterday, and consumables.
|Well spotted. Spain on-board.|
|From the RNS "Sphere Medical is aiming to put in place more distributorships in other European markets over the coming months".
This I do find interesting as Sphere only write stuff in their RNS's they deliver. OK, to be fair we've seen some slippage in the past but this implies to me they have something partially or potentially lined up and a distributor isn't going to waste their time marketing a product that won't sell|
Nice article here|
|Do we know what the Panmure note says. It's premium content and all I can read is they maintain their buy recommendation with a target of 17p|
|I was hoping that they would announce a few more sales with the launch of P4, but it looks like we are going to have to wait a bit longer for that.|
|Trying to free up some cash to add here. Been holding since 13p so would like to average down before the price goes shooting up!|