Thanks for doing the maths on that one nfs, not that we can sell up at the moment anyway, I'm not sure if the larger group will enjoy a higher rating but it hardly looks like a bonanza for existing shareholders.
3800 |
It's 8.6m shares to raise not less than £30m so implying a price of approx £3.49 |
Let's wait and see - I personally was looking at the positives i.e. Step change in size and profits with multiple new cross selling opportunities. Although this won't mean much if the share price drops 30% on relisting |
Nfs, no share price reaction as they are suspended this morning.
Personally, I want to understand more why they are doing this deal (as opposed to continuing to grow organically) and does anyone know what the placing price is? I believe it's not set yet, if it turns out to be any lower than the current market price pre-suspension the private investors, i.e. us, are shafted as we cannot participate in the placing. This is quite disgusting as it's a huge placing of 40% of the company.
I wonder how many shares are in PI hands? |
Ecuphar is a private company and I can't find accounts for it. Just have to wait for more information. Their board is basically taking over the ANCR board and the Ecuphar guys will own almost 50% of the business. We are actually now investors in Ecuphar in reality. |
Yes wow is the word. Not sure what the share price acting n is going to be today |
Blimey ANCR had revenue of £15m last year, Ecuphar £68m. This is going to be on quite a different scale going forward, and a very different company. Most definitely a reverse takeover! |
10% price surge from 420 to 460 to buy today, has this share been tipped somewhere? |
Well these have been a tad tricky to but of late!
Never mind, now i have finished loading up the price will no doubt re-trace heavily and provide better opportunities. I certainly liked the narrative of expanding oversees sales and my previous note to self which read something along the lines of "a tad expensive" were rather thrown in the bin. |
Well, I'm pleased as a new investor.questionis, take profits or stick.?. |
Safe to say ....bullish flag ripped off in gale! |
Hopefully forming a bullish flag here... |
Bought into these today. Breakout on v.high volume and scoring very highly on Stockopedia. Another bonus - it sits under the radar! |
Good healthy buying volume and l2 suggests more rises to come short term |
Thanks lanzaroteI noticed this company recently. So looking at |
If you are wondering why the price is up strongly today you should start with today's announcement.
They use the word strong or strongly thirteen times by my calculations.
And they say that you should buy into strength!
Panmure Gordon target reiterated at 385p
8-) |
Very strong first half and trading ahead of market expectations statement this morning.
Very pleasing. Expect higher broker target.
8-) |
Not a subscriber, but price moving up on the back of Buy suggestion in IC this week 'Buy Animalcare ahead of sales growth' |
Results today and probably too boring for most. But I have taken a position.
Look at that upward trend, a story of consistent growth, rising dividends, strong cash generation and no debt.
Panmure still see it as a buy and have raised their target to 370p from 337p.
Looks to have some defensive qualities as well.
NAI DYOR. |
Hitting a new high, if I'm not mistaken.
Last year we had a trading update on 9 July, maybe we are due one on Monday? Possible that some good news has leaked out in advance? |
Heading towards resistance at 253p, although it's starting to look expensive on a forward P/E of 20. Maybe some news due about their product development projects? |
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