Allergy Therapeutics Share Discussion Threads

[jpuff] 17/10/2023 10:16

They won't do that for sure. If the CEO retains his job and gets his options reset to the new share price then that will prove in my mind it was all planned and a deliberate sting operation.

[cynic1] 17/10/2023 10:04

Needs an investigation by the FCA.

[jpuff] 17/10/2023 08:55

Seriously what has changed in such a small space of time to make the company worth one fortieth of what it was? Doesn't add up.

[jpuff] 17/10/2023 08:24

Yep, feels like legalised day light robbery that's been totally stage managed. I agree Jimmy.

[beccasan] 17/10/2023 07:13

I don't agree with your analyses. I only see a company of improvised people who have accidentally taken on roles for which they are inadequate. A company that sells products where it is not clear how they are produced, it is not clear what is inside, it is absolutely not proven that they are effective. Such an improvised company has found its counterparts in managers of financial groups who are equally improvised and who understand nothing about this market and that when they understand it it will be too late. A company that in the world invoices as much as a supermarket in a small town and in many of its affiliates, which it is even ridiculous to call them such, invoices less than a travel agency.

[jimmyloser] 16/10/2023 16:26

Coinbase, thanks. However I am honestly confused by this malarkey. Conjecture I know, but this couldn't have been better stage managed.

We have a company who up and until the quality issue or whatever they are terming it as, was doing well and whose share price (overheated to circa 38p) on the thought of a peanut allergy cure.
Now we have not one, but two 'potential world beaters' and an offer of a penny a share!

Don't be too hard on yourself................I am incandescent (impo)

[coinbase] 16/10/2023 16:02

Jimmyloser, don’t be too hard on yourself, it’s only money!

[coinbase] 16/10/2023 15:56

Diluted by 30.37%, from 35.43% to 5.06%.

[vergeltung] 16/10/2023 15:05

@coinbase - has Abbott been removed or 'just' diluted 7:1? I have not been following all the Form 8.5s.
Reluctantly I have to agree that they have 'played a blinder'. Really, ZQ and SF could not have invented a more propitious event than the sudden shutdown of production in September last year. By this means they have become the dominant shareholder (as you say, of an essentially private company) and received all manner of high interest and financial fees, further cutting their 'in' price. No doubt Sr Llobet will be appropriately rewarded in due course. Really: nobody is that incompetent and keeps their highly-paid job. IMPO as Jimmy always says.

[coinbase] 16/10/2023 14:27

You’ve got to take your hat off to ZQ Capital and Southern Fox, they’ve played an absolute blinder by removing Abbott and assuming control of what is now ostensibly a private company. What’s fascinating is that although the total number of shares in issue has ballooned the percentage not in public hands has increased by 9.02%, from 83.66% to 92.68%.

[jimmyloser] 13/10/2023 09:16

We are where we are! Debacle springs to mind.

I will not be at all surprised when we have senior management changes and significant consolidation.
impo

[genises] 13/10/2023 06:09

RIP⚰️
1p

[vergeltung] 08/10/2023 17:00

The Chairman and the Southern Fox director are taking up their (small in number) rights. Of course the CEO, who should have tendered his resignation back when (through breathtaking negligence) he caused this whole mess, is not taking up his rights. What does this mean about his confidence in what they are doing?

Of course we can expect him to be rewarded with more LTIP equity repriced at 1p anyway.

The main risks are a further dilutionary financing, a failed grass study and more executive incompetence. The positives are that the 1p shares are clearly worth more than 1p until these risks are realised (when they are worth zero) but if Grass is positive and so is Peanut the shares might be worth much more 5 - 7p?
A gamble. Unfortunately the incompetence part is baked in, it seems.

[jimmyloser] 08/10/2023 14:43

Yes, I have but not in its entirety but substantial never the less.

[badwood] 08/10/2023 13:39

is anyone taking up the Allergy Rights Exercise ?

[jpuff] 29/9/2023 09:44

So what is the point of the AIM market then when it's just riddled with crooks just out to feather their own nests at the expense of hard working small investors? Shouldn't the authorities just close it down or put out a warning like 9 out of 10 investors will lose all their money here?

[jpuff] 29/9/2023 09:37

Well that's cheered me up no end.

[vergeltung] 29/9/2023 09:06

Jpuff, save your negative energies for the management and board, who oversaw this wholly avoidable corporate collapse and all remain in place as if nothing had happened. CEO Llobet took home over £600k in the last reported financial year. Chairman Jensen £90k.
Watch out for the great LTIP reset to put Llobet's (and the rest of the executive team's) equity-based compensation back on lucrative track. You read it here first!

Jimmy simply recognises the value in the company that remains despite those incompetents.

[jpuff] 29/9/2023 02:16

Apologies, I was wrong. A 96% reduction isn't 100%. But hey that doesn't really make me feel much better. Another one born every minute!

[jimmyloser] 28/9/2023 20:35

Lovl and crying at the same time....

[farmergeorge] 28/9/2023 20:29

Jpuff, no he didn't say that, you mis-interpreted and mis-interpreters are born every minute. Let me help you out, he merely said that the game wasn't over. It may be at some point, but not yet.

[jpuff] 28/9/2023 19:47

In Jimmy's parallel universe a share price fall from 40p to 1p is a sign of strength and cause for optimism. There's one born every minute - you've been warned

[jimmyloser] 28/9/2023 08:50

Far from it!

[jpuff] 28/9/2023 08:17

Yep game over