Chromogenex Share Discussion Threads

[springbok] 24/2/2009 14:29

I warned you lot a couple of months ago didn't I? I told you that a large US company was buying this lot out. It's taken this long to finalise the deal. I think it's at round about 3p a share (might be wrong on the exact figure)

[dina] 24/2/2009 14:23

Thanks Battyman we were trying to buy 500,000 shares but couldn't get any!

[battyman2] 24/2/2009 14:17

Don't tell me that the MM's don't read/watch these boards!!!

[battyman2] 24/2/2009 14:16

Looks like it's me that started this!!!

[battyman2] 24/2/2009 11:25

I believe that they are going private for sure. But existing shareholders will definately be rewarded.

[battyman2] 24/2/2009 11:22

Answer to that is emphatically no. Just got off the phone with one of the directors. Apparently news (GOOD NEWS) is going to be released within the next week.

[dina] 24/2/2009 05:09

Anyone think they're going bankrupt?

[dina] 23/2/2009 19:40

When on earth are we going to get some news? Don't they care about the shareprice dropping like this?

[battyman2] 19/2/2009 13:40

Let's at least hope this rises like DAG did before they took it private!

[shakyhands] 18/2/2009 21:52

Well,that is the other way of going private.It normally happens where a co has liabilities exceeding its assets.It does rather have the side effect of interrupting business - which CGX could do without considering its registration goof last year.Let's hope it doesn't happen here.
N.B. I can guess why that chap Oliver was offering to buy the DAG shares when they appeared to be worthless.He may have needed them to close out a short position.

[spud] 18/2/2009 17:38

Careful chaps - I was invested in DAG when they were taken private and didn't receive a penny. The share price rose rapidly to 5p before they pulled the plug and subsequently quoted costs which wiped out the value that they would have paid to shareholders. Lost approx 25k.

BTW, the company appears to be flourishing now and is still being run by the existing Directors.....

The only losers were the shareholders!

Check out the thread on ADVFN.

spud

[battyman2] 12/2/2009 11:48

However I agree with Trentjones1 that something is brewing!

[battyman2] 12/2/2009 11:46

Dina - 4 million shares? I doubt whether there's that many in circulation!!

[trentjones1] 12/2/2009 11:39

No doubt about it that something is happening behind the scenes. Probably a big buyer is mopping up any shares that become available.

[dina] 12/2/2009 11:29

Battyman it seems you're right. I tried to pick up 4000000 but couldn't get any at a reasonable price!

[battyman2] 12/2/2009 09:51

I see that there are no shares available to buy!!

[battyman2] 11/2/2009 09:18

Only on the bid too which shows that the MMs are confident of a rise in earnings.

[dubois] 10/2/2009 10:34

Up yesterday, up today, erm wonder what stirring

[battyman2] 09/2/2009 18:40

Rising on no buys - interesting!

[battyman2] 05/2/2009 21:02

Get the feeling that news is close.

[shakyhands] 05/2/2009 15:18

On the 9th of January last year,Chromogenex issued a positive RNS.Shortly after came news of the registration mess - making the co look really bad.
That could explain why the management are being super-careful this time.