Byotrol Share Discussion Threads

[maxk] 15/4/2024 16:40

Sounds like an all the way out move. 17 million shares


Byotrol Plc (AIM: BYOT), the specialist infection prevention and control company, announces that it has received notification that as of 15 April 2024, Lim Teck Lee Investments no longer have an interest in the Company's issued share capital.

[football] 14/4/2024 13:59

Holding Rns on the 17th at 16.29.29?

[loafofbread] 14/4/2024 11:30

Must be some sort of holdings RNS floating around somewhere?

[sikhthetech] 12/4/2024 16:07

1gw,

I see you mentioned SLN. They moved from AIM to a US listing. So people can still easily trade them, whether in ISA or not. That's different from a private company.
SLN's share price is still below the price they IPO'ed when they listed in US.

Why not also mention Trmr, now Nexn (ex blnx) - a share you and your mates ramped, despite all the red flags. Their discounted placing and IPO was at 800p and their current share price is around 230p, so another disaster.

[sikhthetech] 12/4/2024 14:32

1gw

"then in my opinion they need to delist and reduce costs and the sooner the better, rather than limp along in the hope that a big IP payment or a major new customer comes in to save them before the situation becomes critical."

It's already critical.
It's also obvious that there's 99% chance they will delist. True to form, you're doing your usual comments trying to make out you're right(in hindsight) due to whatever is obviously happening. Pointless now agreeing that it's the best way forward now. They said they were planning to delist months ago, didn't they?

Companies which have significant holding by IIs can still do well delisted. Here, Byot have failed to adjust to the market during covid. Lots of jam tomorrow, which you and your mates repeatedly overplayed.

If Byot continue down the same route, then it makes no difference if they are listed or not. They are unlikely to come back any stronger.




"I personally would rather go the delisting route than sell in the market now."

Didn't you say you own some in a SIPP, in which case you will be forced to sell, won't you?

[loafofbread] 12/4/2024 13:43

Wish list.

1) Offer
2) Delist/1GW PI voice of reason!

[mudbath] 12/4/2024 12:58

As an experiment to test the demand, I have just sold 1million shares and will monitor how rapidly these are bought at above 0.2p.

[football] 12/4/2024 12:54

Any bid will come after we are delisted in a huge loan/bid for half the shares

[mudbath] 12/4/2024 11:15

I remain of the opinion that Byotrol will receive an approach prior to the vote on whether or not to delist; which itself could then be deferred as appropriate.
Any renewed buying activity would maybe confirm that a predator is out there.

[microscope] 12/4/2024 10:47

UK stock market is touching an all time high today I believe. That's not broken to my mind.And history tells us, where FTSE goes, AIM will surely follow.Its demise is much exaggerated.

[1gw] 12/4/2024 10:31

I should perhaps comment on loaf's post 12823. Thanks for the show of confidence, loaf. If you care about the outcome, though, you need to vote your own shares. I do intend to go to the shareholder meeting where I do hope (admin permitting) to be able to vote my own shares. I shall not be voting anybody else's.

For me, the vote on delisting comes back to the statement in the RNS that "The Directors believe...that it is no longer financially viable for Byotrol to continue to trade as an AIM quoted business."

If that is really the case, then in my opinion they need to delist and reduce costs and the sooner the better, rather than limp along in the hope that a big IP payment or a major new customer comes in to save them before the situation becomes critical.

I also intend to participate in the subsequent fundraising, assuming I am offered that chance. This is mainly because I do believe that the IP portfolio argument is not yet dead; that is I can see Solvay continuing to roll out Actizone and I still believe that USCo (presumed Ecolab) may launch their byotrol24 product and/or IRI may on-sell the formulation. Solvay remains for me the best hope of ongoing material IP income in the medium term, and having stayed in so long I do not wish to be diluted materially ahead of that happening. By delisting and reducing costs with the aim of reaching break-even (excluding material new IP income), the company increases the chance that it will still be around if and when material IP income arrives (or even a new pandemic-type spike in demand). Even were I to be diluted by the issue of the maximum 300m shares (vs 454m pre-placing "new ordinary shares") talked about in the circular, I personally would rather go the delisting route than sell in the market now.

No advice intended here. I am just trying to explain my own thought processes in deciding to back the delisting resolution.

[supernumerary] 11/4/2024 23:37

1gw - I don't have a twitter login, so don't seem to be able to read a thread, only a single post, but this, from the same source, covers the same ground and makes for an interesting read:

[loafofbread] 11/4/2024 20:16

hxxps://www.cityam.com/is-the-london-stock-exchanges-aim-in-terminal-decline/

[1gw] 11/4/2024 17:43

You might be interested in this thread from Ali Mortazavi, the CEO of ETX which has just announced its intention to delist from AIM (at the same time raising funds at a premium from 2 existing substantial shareholders including Richard Griffiths, who goes back a long way with Ali). Ali is also ex-CEO of SLN (once on AIM, now on Nasdaq) which is where I first came across him.

The thread is on how broken he believes the UK stock market is - in particular for a small biotech company in need of funds on AIM, but also much more generally. He touches on ETX's experience of trying to raise funds from institutions and you can perhaps see in this a read-across to byotrol's own likely experience.

"I am not exaggerating when I say that a consistent message has been a blanket refusal to invest in an AIM company and that a private company would be far more attractive."

[football] 10/4/2024 20:13

Shame you can't meet the team before the vote

[sikhthetech] 10/4/2024 14:31

Back down to bid 0.17p, so if you'd bought over the past few days, you'd be at a loss.

1gw turning up to a meeting with 10% backing won't persuade the BoD, even though 1gw is good at spin and story telling.

If there was faith in the BoD then it's not really a problem if the company delists as they should recover over time. If there's lack of faith in the BoD then the company being delisted isn't good and shareholders are in a worse position as they can't sell.


The problem here is it's extremely difficult to oust directors from a private company. Once delisted, you'll have DT and the team.

[loafofbread] 10/4/2024 11:20

Each to their own on this but this is my plan.

1) We get a decent holdings RNS/offer, outside interest or whatever which gives us something to consider.

2)Failing that we vote for the delisting as it is the only viable option left. However, voting for this is not support for DT, rather support for the company surviving and giving us a decent return a few years out.

3) With that being the case I am DM 1GW and giving him my support, going forward to represent my holding. He can have details of my position and contact details. When he goes to the meeting at the end of April (assume he will go) if he has a mandate from 10% of us he can protect our position.

I'm not interested in legal niceties, rather he can just say I'm here on behalf of the PI. (think Bates vs Post Office) That should give him the voice to involve himself going forward etc etc.

[bagsandbags] 10/4/2024 08:41

@loaf
IMV there will be a lot more.
AIM just doesn't work any more for small companies and I don't see it changing any time soon. What a mess
And it particularly doesn't work for IP/R&D companies because most investors no longer look properly at (or understand) IP/asset-based valuation. All they do is value the company by share price. You only have to read this board to see that.

[mudbath] 10/4/2024 08:33

No RNS might equate to any buy orders still remaining on the books.
One can sell in size above mid price.

[maxk] 10/4/2024 08:25

Morning girls

There she blows, going up and down faster than a politicians promise.

[loafofbread] 10/4/2024 07:42

Another delister. ETX.

Ali Mortazavi, CEO of e-therapeutics plc, said:

"For over a year, the Board has been contemplating delisting from the AIM market. However, given the dramatic rise in the US biotech indices in Q3 2023 which has seen record amounts of capital being raised, we decided to remain on the AIM market and embarked on a capital raise roadshow in February-March 2024. Despite the firm commitments given by our two largest shareholders, the Board was extremely disappointed by the lack of institutional UK interest in our innovative, technology-driven value propositions. Importantly, ETX struggled to get sufficient engagement from the vast majority of the institutions who were approached, reflecting the risk appetite of the UK markets. This trend has been a consistent theme over the last four years and the Company has primarily raised funds through the current two key shareholders, who continue to support the Company irrespective of its listing status. As such, we believe that there is a limited available audience on the AIM market for companies such as ETX.

[1gw] 09/4/2024 23:24

Never mind the mid-point rise, the quoted bid went up ×5 in the day (0.05 to 0.25).

[loafofbread] 09/4/2024 21:03

A couple of people have finally been let go at Byotrol.

Supply chain manager and a admin position. (sorry to them)

Hopefully the 3 NonExecs to follow.

[mudbath] 09/4/2024 19:53

Possibly that is why we are seeing some aggressive buying, brownson.
Firstly, there will be Traynor's group intent upon ensuring that the delisting secures the necessary level of support; whilst others will be building their holding in order to frustrate Traynor thus preventing any future unregulated misdirection .
Finally there could be other parties who envisage being able to create future value via purchasing a controlling stake in Byotrol.

Maybe a RNS or two will provide some clarity.

[brownson] 09/4/2024 19:23

Traynor should walk but hopefully he’ll be ousted pretty quickly