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PBX Probiotix Health Plc

3.25
0.00 (0.00%)
26 Jul 2024 - Closed
Realtime Data
Probiotix Health Investors - PBX

Probiotix Health Investors - PBX

Share Name Share Symbol Market Stock Type
Probiotix Health Plc PBX Aquis Stock Exchange Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 3.25 14:29:07
Open Price Low Price High Price Close Price Previous Close
3.25 2.60 4.50 3.25 3.25
more quote information »

Top Investor Posts

Top Posts
Posted at 10/7/2024 16:55 by ming da merciless
I understand lock-ins etc, only too well actually

Re the CLN structure of raising money for the 'possible' listing of PBX, back in 2018

............

OptiBiotix plc has subscribed for £250,000 of CLNs. Steve O'Hara, a director of the Company, has subscribed for £25,000 and certain close family members of Mr. O'Hara have subscribed for £265,000. In addition, Per RehnĂ©, a director of the Company, has subscribed for £25,000. The remaining subscribers include two institutional investors and two industry partners.



The CLNs can be converted at a fifty per cent. discount to the issue price of ProBiotix shares in the event of an IPO. The CLNs carry an interest rate of 3% per annum above the Bank of England Base Rate.
Posted at 10/7/2024 07:59 by jmf69
Investor Meet today
Posted at 07/7/2024 12:58 by institutional investments
'Realising Value'

hardly thought he meant for retail investors? ffs
Posted at 07/7/2024 07:16 by pj 1
I think we are heading for a Placing here at some point, maybe next year. I do not believe PBX is funded for its plans. I fear any move to AIM could be a cover for such, and we end up with no increase in liquidity, as basically we would still be classed as a cash burning POS stock.

Id urge anyone concerned to put question to the IM meeting for PBX to answer. The more raised the more pressure for them to disclose.

My questions below.

In the RNS dated 4th Jan 2023 we were told, ''A detailed trading update will be provided in the next few months.'' The trading update never arrived and Final Results were issued a long 6 months after, showing an increase in Revenues of just £200k. Could you please explain why no trading update was issued as stated?

Whilst YOY Revenue growth looks impressive at 28% the increase is £300k which doesnt cover Directors remuneration of over £500k. Are shareholders getting value for money here?

If growth continues at the current 30% rate then Revs by 2028 in relation to your £10m Revenue target, will be £4m. What step change in Revenues are being predicted and when, to hit targets?

The terminology used for 2023 Results raises concerns that the Company is not funded to support its growth and/ or recruitment of further staff that it is admitted will affect profitabilty. Please confirm if funds are in place to hit 2028 targets (or not).

The Company is listed on the extremely illiquid Aquis Market. It seems there is an agenda to move to AIM (commonly referred to as the ‘’Cesspit’’). Why? AIM is a highly illiquid Market for any Company such as PBX which is burning cash, chasing sales via recruitment and no market forecasts. This would be jumping out of the frying Pan and in to the fire. Is this just an excuse to raise funds?

Further to the above, if (or when) a Placing is undertaken can you please re-assure Investors that it will not be below the 21p IPO share price so that we face minimal dilution? Wouldn’t a Placing below that value actually indicate that the current BOD have taken the Company backwards?

Recently Stephen O'hara stated a couple of times he believed PBX is the most undervalued share in the WHOLE markets. Given that it is cash burning with no yet clear pathway to free cash flow, could you please elaborate here and give your opinion.

Again with reference to the above, if so, wouldnt the best strategy be to mothball the Company, eliminate all costs except legal, and sell the Business?

Whilst current Cash was maintained roughly, there was a squeeze on working capital and payments being delayed to creditors. Is this an indication of a future cash crunch?
Posted at 29/6/2024 19:37 by elrico
I regret to say it, but I did predict its collapse, and indeed, it has come to pass. The question now is, when will investors start looking for bargains? I believe it will need to secure funding before joining AIM, so that's my expectation for next year.
Posted at 21/4/2024 19:54 by institutional investments
Peterhouse Capital Limited

On one of my databases. Everything is subjective without providing the statistics so, best to look at overall performance of shares they were appointed for over a period, how many raises followed etc...where the SPs are all at now and of course, do a spike count.

Not that broker selection should be a predictor of future investor gains or losses of course
Posted at 04/4/2024 12:30 by m4rtinu
Yesterday, I sent yet another follow up to this exchange with Walbrook from early Dec.

"Apologies for the delay. I was on holiday when you sent the original email and it fell under my radar after I got back. The Company is working constantly on delivering milestones and increasing liquidity. The latter is difficult in these markets, but they have a defined strategy in place. For your information, we intend to hold an investor presentation (hosted on the IMC platform) in the New Year where Steen will lay out the plans for 2024 and how he and the Board plan to delivery growth."

Got a prompt reply!

"We will be holding an IMC for PBX. And we will let the market know... as soon as we have a date!"
Posted at 11/1/2024 21:32 by institutional investments
How much did Opti raise from shareholders since inception? Surely inception itself was a few million raised?

And then other raises from PI via asset and cash distribution spun out to other listings . Dunno what total that is

So if OPti paid £250K towards the £1 million CLN and OHara and family paid circa 300K towards CLN equalling roughly 60% of 1 million , I guess I'm right to assume the float weighting for them v the free shares to PI opti investors is weighted accordingly ?

Re PI holding far more float with free shares ?

Yes or no?

Can somebody help me not need break out the calculator so we can crack on?
Posted at 04/1/2024 13:02 by m4rtinu
Perhaps they wanted to get something out early last year to coincide with new CEO taking up the reins. Just have to hope Investor Meet communication is not too long in coming.

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