Evolutec Share Discussion Threads

[lomaximus] 03/1/2007 14:59

wow its just exploded in trades! 3% spread appeared

[tiborinvest] 03/1/2007 13:43

don't be silly guys, some big fish whould have done it by now. i can't invest more, so good luck to the rest of you.

[davidosh] 03/1/2007 13:39

lets be a little careful though....

It is true that the reported cash is about 33.5p per share as at 31 December which looks attractive at a 15p share price. However the company have spent about £7m in the six months to December and while spending should now slow down, future cash burn will depend on whether they continue with any further trials. There will also be ongoing admin costs and any dramatic reduction of overhead is likely to create a one off exceptional charge.

The question must be whether the company is to turn into a cash shell and how much cash will remain?? What assets or IP really have significant value?

[Abuse team] 03/1/2007 10:29

Post removed by ADVFN

[lomaximus] 03/1/2007 09:13

hi beckham7 what do you mean by pineapple not heard this term before?

[beckham7] 03/1/2007 08:27

pineapple buy now

[lord butterstock] 03/1/2007 08:23

Not unexpected I'm afraid.

Further falls seem likely now.

[randomwalker] 03/1/2007 08:22

It is not just the research, it is the people that someone might want to buy. The cash position just makes them free; good innovative pharma minds are rare....the odd failure is to be expected. I will now invest.

[lomaximus] 03/1/2007 08:14

the spread is a bit wide

[rkjones] 03/1/2007 07:57

Pre market price down 25% but, yes, I agree the cash cover looks tempting but what is creditor position and wind-up costs which will make a hole in this cash position. Additionaly what would someone pay for the research on on going products?

[simonparker5] 03/1/2007 07:52

This is getting to be one of those opportunities where the market gets it wrong.
ALthough this mornings news is dissapointing they have confirmed that their cash position at end of December is over £8m that equals over 30p a share and they have no debt. I am happy to buy at 15p knowing that this is covered by 30p of cash. Even if they pulled the plug today and redistributed the cash to shareholders you would double your money.

[frank spencer] 03/1/2007 07:52

Looks like they're lining themselves up to flog the company imo.

[rkjones] 03/1/2007 07:52

How will market react to this news?

[lomaximus] 03/1/2007 07:48

i thought they had ditched the trials for this rev131?

[tonyhicken] 03/1/2007 07:10

i did say wait??

regards

[Abuse team] 02/1/2007 19:56

Post removed by ADVFN

[mr.oz] 02/1/2007 19:48

Buy recommendation from WH Ireland



The following AIM stocks have been highlighted for 2007. Stephen Fine of KBC Peel Hunt says buy Alternative Networks and Avingtrans and sell Biofuels and XG Technology; Luke Ahern of Corporate Synergy says buy May Gurney and Worthington Nicholls and sell White Nile and I-Mate; Les Ames of WH Ireland says buy Asian Citrus and Stanley Gibbons and sell Andrews Sykes and Evolutec; and Jim McCafferty of Seymour Pierce says buy China Shoto and Jaques Vert and sell China Real Estate and Adept Telecom.

[lomaximus] 02/1/2007 16:40

should start to see this rise at the end of the month

[lomaximus] 02/1/2007 16:39

them bloody chocolate covered sweets!

[pugg1ey] 02/1/2007 14:30

I assume there is a sell order to be filled as I don't see how a 50K buy drops the price 8%

[1inamilion] 28/12/2006 16:48

A drop from 140ish to 20p is silly. Anything is possible with this share. Be careful 12p on the cards. IMO

[wiganer] 27/12/2006 08:50

I paid 21p. I'm pretty relaxed.