Deltex Medical Share Discussion Threads

[nobbygnome] 08/5/2021 17:39

I had a call with Andy Mears last week. Of course nothing inside was disclosed but the conversation left me extremely content with my investment. My personal opinion remains that a buy out is inevitable and the only question is the price; there is no doubt it will be considerably above the current level....

Andy stressed that he was happy to speak to any interested shareholders so get in contact if you want a chat. He really is a very approachable guy!

[gbenson1] 29/4/2021 12:07

That was part of my thoughts, the MMs are slow to raise the bid price so anyone thinking they've got a bargain can only sell on very thin margins (profit) nice to see the 3 x 250k buys part of the 4m I guess, they bought at 1.69 and sell @ 1.95..

[donaferentes] 29/4/2021 12:01

I expect MMS spiked the price up to draw in buyers to cover the 4m sake they'd been asked to facilitate. Shows over, normal service resumed. But on what a spread!

[gbenson1] 29/4/2021 09:26

Strange spike up yesterday on very thin volume, after the experience of last week just wonder if the MMs are trying to create some business for themselves? Buyers beware..

[gbenson1] 28/4/2021 11:53

fwiw the 2 trades @ 1.799 are buys and not sells.

[donaferentes] 28/4/2021 11:46

Ah it doesn't like the symbol for less than. Who will care about the less than 0.25% dilution when we are bought out at 6.0p?

[donaferentes] 28/4/2021 11:45

There it goes again. I give up

[donaferentes] 28/4/2021 11:44

My post seemed to self edit. Who will care about the

[mrc2u] 28/4/2021 10:28

My points were more about firstly how small the 4m share trade was and secondly about how the equity incentive being weighted towards the non-execs.At last year end, there were 19.8m shares under option of which Andy Mears had 16.4m and the FD 1.0m leaving a paltry 2.4m between everyone else, many of which are well under water.Now they have another 9.5m which is the same as the chair awarded himself in December at a lower price.Who said capitalism is broken?

[donaferentes] 28/4/2021 08:00

true, but who of us will care about the

[gbenson1] 28/4/2021 07:56

I agree donaferentes, however I think the company will of changed hands before there exercisable in 3 years time. Normally options are honoured at the exercise price at the date of the takeover, therefore there a win, win for the holder who can sell at the premium bid price, in this case circa 6-8p. Imho.

[donaferentes] 28/4/2021 07:40

These options have not been "splashed around".They are exercisable only under certain conditions of achieved results and the shares have to be paid for at today's price.

[mrc2u] 28/4/2021 07:29

And just to show that 4m is not that much, DEMG has just splashed around 14.5m of new share optionsThen again, at least these are to incentivise the people who actually do the work. This is less than half the number of shares the chair and other NEDs awarded themselves late last year to celebrate years of underperformance and those were pure shares, not optionsMrC

[mrc2u] 27/4/2021 09:29

4m is not a lot of shares when there are nearly 600m in issue and I suspect there are far more than 8 possible sellersI am one but it wasn't me. As you suggest, I am holding out for a sale. I think it will be later than the little nobby fellow reckons but at a higher price. Would hope to see growth reported for first half, launch of new monitor then offer in Q4 at 10p or moreMrC

[gbenson1] 27/4/2021 07:41

Thought for the day! A minimum of 8 contenders for yesterday's 4m share sale, 4 of those contenders hold circa 28m, is this their last move for now or the start of a larger deleveraging. Personally if I held a notify-able amount of shares I wouldn't sell if there was a possibility of a potential bid for the company. I'm assuming these shares were purchased in the 1p sale which went to mainly directors and institutions? Perhaps we'll get an RNS? Anyone with any thoughts.

[donaferentes] 26/4/2021 20:11

Thanks Gnobby for your thoughts.

[nobbygnome] 26/4/2021 18:55

£30 million is the minimum to expect and we all hope for more! The evidence base for ODM is second to none....

[the count] 26/4/2021 18:51

--->NOBBYGNOME

It would be scandalous if they flogged the company for £30m. LID had nothing but smoke and mirrors, which they used very well to fool the markets for many years.

We at least have everything they do, along with more, and a chunky evidence base to go with it.

If they can't sell the company for any more than LID, then they shouldn't be in a job.

Regards,

THE COUNT!

[nobbygnome] 26/4/2021 18:45

Sigh. The scoop is the company is very likely to be taken over some time this year; that is the news we are all waiting for but obviously we don't know when it will come. LID was taken over for about £30 million so that is the sort of level to expect, which is about 5.5p for DEMG. No other particular news is expected in the short term.

[donaferentes] 26/4/2021 17:18

Cont/-Mr 4m quite happy goes home. MMs lift the price, having got people's attention to draw in more buyers, like there is some news on the way. Rinse and repeat. Or maybe there really is news coming, but I'm beginning to doubt it. Cleared some deadwood today to make funds available to enter around 1.8-90p, nut niwvnot so sure. Any thoughts, anyone?

[donaferentes] 26/4/2021 17:15

Cont/-Yesterday they spike up the price like something is happening and draw in a lot of buyers that they go short to service. Today, more of the same until they have filled their 4m short. Then they drop the price casual like down to where the 4m sell at 1.70 looks like capitulation on today's price action, but was already a decision on Thursday.

[donaferentes] 26/4/2021 17:12

So here's a theory. A couple of days ago Mr 4m Shares goes to the market to sell 4m shares - who knows why - divorce, daughter's wedding, big holiday, or lost faith in DEMG. This freaks out the MMs cos they can't take on all that stock uncovered but the price drops to 1.70 after banging its head against 1.83p for a week. MMs are keen to make the turn on a trade of this size, so they say give us a couple of days to organise this.

[nobbygnome] 26/4/2021 15:53

The MMs are having a laugh. Now selling us shares at 1.94 they bought at 1.695. A nice earner if you can get it...