Ide Share Discussion Threads

[the monkster] 10/5/2018 18:13

Looks like it's unloved and overvalued tbh

[jim digriz] 19/4/2018 22:42

In. Not a company that's had a good start on the market but no particularly obvious reason why it shouldn't get its act together in the medium term. A new CEO announcement would help, if its the right person.

IMHO DYOR BYOB

Jim

[apollocreed1] 16/4/2018 20:16

I didn't know about that, but now that you bring it to my attention, I can't say I know if MXCP has a good track record as a stock picker. However, Liontrust Asset management holds 11.01% of the shares, and their small company fund has an amazing track record, so I find that very reassuring.

I also don't understand why there was such a panic over the litigation due to the name. The press release said that the highest possible award the court could give if IDE loses the case is £500k. The share price dropped by about 5p per share when that news came out and 5p per share equates to about £5m. The only issue I can see is that sometimes investors lose confidence in a company that gets itself into problems such as the bad choice of the name "Coretx" and so they predict more bad news yet to come. The resignation of the CEO hasn't helped to reassure investors either.

[apollocreed1] 15/4/2018 14:07

I agree with you. I think the cash on the balance sheet is worth about 29p per share alone, so you get the business for free.

[agedman] 05/4/2018 18:03

Can't believe the drop in value here - this is a good little business!

[agedman] 05/4/2018 18:01

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