Confirmation of institution taking profits. |
 Having looked at the full judgement , I see why it took 2 yrs. To quote themselves "The Decision is 727 pages long and is repetitive. The evidence in this appeal, both oral and documentary, was extensive"
Of interest "The CMA’s evidential case was extraordinarily thin and comprised largely of unsupported inference"
"Mr Butterfield and Mr Dawson were both impressive and compelling witnesses who gave their evidence in a clear and courteous manner and did not change their position in the face of rigorous cross-examination. They were both careful to distinguish their personal recollections from matters which they had learned subsequently or had worked out from looking at documents. Both of them showed a strong sense of solid business integrity"
The judgement was not so complimentary about some of the other companies witnesses "Mr Sonpal to be an honest and credible witness (Lexon v CMA [2021] CAT 5 at para 53). We found him to be an honest witness who was doing his best to tell the truth. We found him to be a credible witness and in the main reliable, although there were certain matters such as the date of one of his meetings with Mr Tweedale where he was clearly not reliable."
It is noteworthy that the Judgement was not about whether the NHS was overcharged. |
540 Million shares in issue , £8M is worth 1.48p per share , ignoring the reputational costs. Why did it take more than 2 years to come to this conclusion? Due process is one thing, but putting one part time employee to collect the info perhaps?
Good to see the end of that CMA cloud, presumably the directors are also exonerated. Mind you the hiking of Buccastem prices did rip off the NHS . |
all good news in here from now on . Winning court case means 15-20 million jackpot , revenues up , profits up , debt down .. heading right direction |
Given the wording in the original judgement I'm amazed (and very pleased) the appeal was successful. |
Results have to be imminent. That £8M should be returned in part through a good final dividend. |
Back down to 36p after profit taking |
SP went down from 100p to 35p because if this court case , now they will have loads of money. Hopefully reinstate dividends etc . As they won they have 0 cost for court |
Has that been delaying the results? Another £8M in the coffers. Reinstate dividend. So CEO did not resign due to that. |
So, does that mean that the fine money - £7.9 million - gets repaid to us? |
Excellent news : Alliance Pharma PLC Successful appeal of CMA decision, back to 100p |
Don't post blackie or it will go down again;))) |
Might be your last chance to buy again under donkeys price heheheh lol |
Still hoping for a 32-33p buy. |
Dbay closer to that 30% level. You would think they would know what's going on. |
The 7 analysts offering 12 month price targets for Alliance Pharma plc have a median target of 60.00, with a high estimate of 90.00 and a low estimate of 42.00. The median estimate represents a 70.70% increase from the last price of 35.15. |
Sold out at 35.35p..going down again soon. |
Buying again ??40p coming soon?? |
EXCELLENT: DBAY Advisors Limited and DouglasBay Capital IV Fund LP has increased again their holdings to 23% |
That's what all those 2 number trades are he's topping up lol |
You're spot on.. his messages on other boards are I'm afraid lies that he has sold and bought aph.. his age is about 18 years old and childish... mummy I broke my sticks and bought more from APH !! |
Blackhorse23 - 21 May 2024 - 10:57:13 - 1617 of 1618 Greencore. >Takeover > Price 23% higher than current price? - GNC Bought some APH today , gain 100% profit in here
Gosh Blackhorse you must have a lot of other holdings to sell, and so helpful to encourage other people to follow you into APH where all your buys are doing so well. You must have more followers than the Kardishans now, who are hanging on your every trade. |
32-33p by Friday |
broker target 70p |
Is it worth buying in again at 30p? |