ARK Therapeutics Share Discussion Threads

[the_doctor] 15/3/2013 14:16

mypension

1. those director statements do seem rather off
2. why were people buying all the way down?

[mypension] 15/3/2013 13:43

why are people still buying - is there something we don't know?

[joeblogg2] 15/3/2013 13:26

thks tomboy. my own bad judgement. I hope duncan is right and someone carries out a reverse t/over and I might get something reasonable back.

[pugugly] 15/3/2013 13:24

Might be a gamble at £0.001p as Woundcare not 100% certain. (imo etc)

[joeblogg2] 15/3/2013 13:22

Martin, I think with all the losses it could become a cash shell as they have sold all the subsidiaries otherwise what is left with the woundare is approx 1.6mill dor distribution next year.

[tomboyb] 15/3/2013 13:20

Extremely disappointed here - Hard luck Joe blogg. Hope u make some back elsewhere -

TommyboyB -

[dr biotech] 15/3/2013 13:19

My average holding here is something like £1.30 I think they are now worth that in total. Its a shame some of their products had potential (or at least seemed too). Have to wonder what some of the management got paid for do f all though.

[gnnmartin] 15/3/2013 13:17

So we can expect to get about .35 pence per share. Pity.

Duncan, I don't think there is any possibility of the offer you talk about. If I understand the RNS, the sale to WPE is signed and sealed.
Nigel Martin

[tomboyb] 15/3/2013 13:05

Sold @ a loss today - Minimal loss as i managed to sell very early. One o the drawbacks of holding in ISA is that you cannnot offset any losses - Bit of a pain but loss £1k -

[duncandisorderly] 15/3/2013 13:00

Monday morning will see an offer for this company as two venture capital companies hold 1%.I think they only did it to get the inside loop.

[duncandisorderly] 15/3/2013 12:21

Useless wan*ers!

[charmer1_23] 15/3/2013 12:21

34Simon, I got out with just over £100 profit on the 4th so should really count my blessings....

[34simon] 15/3/2013 12:18

34Simon 20 Feb'13 - 14:17 - 2826 of 2867 0 0 edit

Not many people admit when they sell a stock but I'm one of them, it's not been
the hottest place to be this month, I'd rather get 75% of my money back than
risk losing the lot, not saying that will happen, just for me I'm playing safe
this could easily be back above a penny again, somebody is buying them just as
much as somebody is selling.

[34simon] 15/3/2013 12:18

That is why I took a small hit, numbers did not add up, cash burn was too much
etc etc.

Hope the rest got out on the rally to 1p

[duncandisorderly] 13/3/2013 15:41

They are most probably lining their own pockets with a huge golden hand-shake at the cost of the long suffering shareholder

[mypension] 13/3/2013 15:08

Just wondering - this is from the RNS on 21 Jan
"The Company has seven active clients, and a number of further contracts in late stage negotiations as well as a growing order book based on a significant number of further client discussions. Unaudited revenue for 2012 was up 300% to c£1.8 million compared to 2011."

and in November last year
"We are pleased to report real progress in the delivery of our vision to become a leading contract development and manufacturing partner for viral drug development. ,,,,As we reported in our interim results, the Company had cash and cash equivalents of £4.9m at 30 June 2012. ...Dr David Venables, CEO of Ark, commented:

"I am deeply encouraged by the progress we have made since the Company transitioned to a services orientated revenue-generating business earlier this year and would like to thank management, staff and shareholders for their continued support of our new business model."

So why are the directors worried - why are they - it seems - trying to sell off the compnay?

[duncandisorderly] 08/3/2013 19:50

The plot thickens mate.Have a good weekend and Ill catch you Monday

[joeblogg2] 08/3/2013 17:47

Just checked it duncan and below from their website so no small outfit!!

"Investment approach
Hands on fund management
"Active Value" fund management involves identifying quoted companies that are trading at a discount to their underlying value. The investment strategy is based on a pro-active, event-driven investment style where shareholder value is maximised through specific re-structuring or financial re-engineering within an investee company.

Although the Harwood Capital team is usually the single driving force behind the restructuring of the business, they are sometimes joined by other shareholders who share a similar investment approach towards the prospects for the company in question. Harwood Capital offers investors a choice of funds which adopt an Active Value approach including public and private funds"

[duncandisorderly] 08/3/2013 17:22

Joe my pathetic holding here ain't worth a squirt of p*ss mate.
Did you notice the disclose by Harwood the other day?
Look them up mate as it makes for some interesting reading.There actually could be more to this than meets the eye.

[joeblogg2] 08/3/2013 15:53

duncan. Philips has bough more again. Still hope this either gets a decent bid or continues as the potential of the Finish manufacturing facility to generate profits shold be good.

[duncandisorderly] 08/3/2013 15:48

I must admit.I sold a few yesterday as it's been carrying on for far too long.It will most probably shoot up on Monday now knowing my luck..

[duncandisorderly] 08/3/2013 15:36

Should of followed you on Evo Joe and binned this pile of sh*t.We are most probably taking soooooo long just purely so the bod can sort out their redundancy packages.