ARK Therapeutics Share Discussion Threads

[the_doctor] 22/1/2013 11:43

'binladin 21 Jan'13 - 13:21 - 2609 of 2630 0 0
the whole company has mkt cap of 3m....definitely worth it if a white knight buys the company.'


'lol'
Nice going binladin

The bottom line is that AKT is still a way from being profitable
They've tried to raise the cash then need, but couldnt

As such, to avoid going bust, they're getting drips and drabs from some investors.
Now, these investors will not want to throw good money down the drain.

If they know the money they're putting in wont be enough to get AKT to profitability, then what's their exit plan???
I'd imagine they'll therefore either have
a) rights that give them the company if subsequent funding cant be found
b) an equity financing facility to add more funds through later?

[binladin] 21/1/2013 15:40

oversold imo...........share price was 150p in 2007......there were a lot of drugs in the pipeline...and now 1,5p where is the common sense ???atleaset now they know what is possible and is not...they are in a better postion of producing something they can sell............all this takes time...the city has no patience...if they are goiing to produce something it is now ...the risk reward favours the investor imo....
directors could be buying as well...

[binladin] 21/1/2013 14:34

imo this is the bottom.......fear rules here...it should be greed...........

[binladin] 21/1/2013 14:30

cancers companies do well even its partner might take them over...
its a bit like an exploration company when they dicover something the share price goes up several hundred %.....

[joeblogg2] 21/1/2013 14:28

Cheers dunc. still just about standing although the jaw has dropped to the ground !!

[duncandisorderly] 21/1/2013 14:19

I wish you the best of luck joe,your a good guy!

[joeblogg2] 21/1/2013 14:14

Dunc. I have yet to have invested in a company where shareholders have benefitted :( Almost all have let me down or gone down the hole!! I even tried attending agm's and look wher that has got me , even further losses. Hope company that was trying to take them over now get me back most of my loss here.

[binladin] 21/1/2013 14:04

then you should have told the investors here a few years ago when the share price was a alot higher....dont try to play the hero now..its too late...
buy when the share price is low and sell when it is high.....
but most of the sympathaiser here look at it the other way..no wonder people lose their money...

[duncandisorderly] 21/1/2013 13:59

I get no please in this whatsoever and have known quite a few shareholders on here for lots of years.The last thing they need is a prize tw*t like you encouraging them to lose more of their money.Especially when you have the reputation of de-ramping 99.9% of stocks......wan*er!

[binladin] 21/1/2013 13:59

it might be at 2p....

[pratt2] 21/1/2013 13:59

But even after dilution, can't we sell our rights and get twice as many shares potentially? I know the earnings per share is going to be b0llocks, but nevertheless?

[binladin] 21/1/2013 13:53

drunken and disorderly cant get anything right...

[duncandisorderly] 21/1/2013 13:52

lol,keep trying you are obviously impressing someone as the price has gone up a bit.

[binladin] 21/1/2013 13:50

7m in sale plus the 1m building plus the patents plus the cash,plus the contracts and know how.....it is easily worth 10m minimum......market cap.....

[duncandisorderly] 21/1/2013 13:32

The building is worth about a million plus redundancy pay,etc,etc.I am afraid this one is dead in the water.
I am fed up catching falling knives that stab me in the foot.

[binladin] 21/1/2013 13:31

its the shorters who have destroyed the share price ...once they close it will rally and there are no certainties whether a massive diluatuion will take plce....it could be taken over before that...

[joeblogg2] 21/1/2013 13:24

Really don't know what agend the new BOD and how much do they need with the statement issued today:

Shareholders should note that in all likelihood, given the current share price and the expected level of investment being discussed, any equity financing proposal will be materially dilutive and subject to shareholder approval.


They have destroyed the share price in one swoop!!!

[binladin] 21/1/2013 13:21

the whole company has mkt cap of 3m....definitely worth it if a white knight buys the company...

[duncandisorderly] 21/1/2013 13:20

Looks like binladin has lost a lot of money here...for that I am glad but feel for all the other punters

[joeblogg2] 21/1/2013 13:13

Net assets as at june I think were £8mil and cash approx £4m. They really have taken shareholders for a ride and no wonder many won't support them now.