Innovaderma Share Discussion Threads

[samsung2020] 28/10/2020 16:38

Didn't know you hold anything on these

[kemche] 28/10/2020 16:17

Righty ho!

[samsung2020] 28/10/2020 15:21

Afternoon Derek,Held these since April 2019. Been one of those stocks that I didn't monitor much until it fell to 38p few wks back... Must be bid coming soon

[kemche] 28/10/2020 14:09

Dave I don't recall you posting on this thread before - new investment?

[samsung2020] 28/10/2020 13:33

I think that was bought abit earlier in the morning... Really interesting, these have totally not moved yet volumes have jumped up yet looking at the FTSE today and with pretty much everysingle one of my stocks in red, this is brewing.....

[doc robinson] 28/10/2020 11:35

Another 50000 buy reported buy at 71p the stake building appears to continue. Should get a holdings rns shortly.

[samsung2020] 28/10/2020 09:03

Interesting play so far, FTSE down, most sells on here and price hasn't really moved....

[samsung2020] 27/10/2020 18:21

Hope so mate. I've hedged alot into Amigo, NSCI, Hemo, and Syme in recent months so could do with some decent return soonish :)

[coldspring] 27/10/2020 17:33

Similar average to you at 88p so this is most welcome. Its only just the start too imho

[zico01] 27/10/2020 17:31

strong looking intra day chart and a decent rise

[samsung2020] 27/10/2020 17:31

Fingers crossed for tomorrow we see another solid blue day. I have 40k in these at ave 90p so very pleased to see it marching north having been down to 39p only 2wks back

[doc robinson] 27/10/2020 17:10

70000@70p someone is def accumulating!

[samsung2020] 27/10/2020 17:02

Possible bid on way?

[city chappy] 27/10/2020 15:52

Recovery in process.

[bigfrocks] 27/10/2020 15:00

About bloody time! Got a long way to go yet!!

[tewkesbury] 27/10/2020 14:47

At least something is going up.

[wskill] 27/10/2020 13:06

Yes that would be excellent news he is what we require to drive the company forward and U.K. Based as well,he will get my vote that's for sure.

[bigfrocks] 27/10/2020 12:11

Someone's loading large! Me thinks something is a foot behind the scenes. Mark ward for ceo! Lol

[doc robinson] 26/10/2020 22:48

Stakebuilding continues!!

[freddie43] 26/10/2020 20:14

Obviously you think they are doing a great job. Why don't you explain it to me.
LOL

[stimulationengineer] 26/10/2020 19:37

That's 3 out of 4 directors you disapprove of and you've only been here 2 weeks. What kind of World Domination Maniac are you....?

[freddie43] 26/10/2020 17:51

Looks to me like a major shareholder wants to clean out the Australian directors and rebuild the board in the UK. They have my vote and anyone with any sense should back them.

[ali47fish] 23/10/2020 17:13

23 October 2020- news no idea what to make of it


InnovaDerma PLC

("InnovaDerma" or the "Company")

Requisition notice, adjournment of the AGM and progress of CEO appointment

InnovaDerma (LSE: IDP), a UK developer of beauty, personal care and life science products, announces that it has received a requisition notice (the "Requisition Notice") from Edale Capital LLP ("Edale"), a shareholder holding in excess of 5% of the Company's voting capital. The Requisition Notice proposed resolutions to be held at the upcoming AGM for the re-election of Joseph Bayer and Rodney Turner in line with good corporate governance. The Requisition Notice also proposed the appointment of a new director.

Having consulted with its advisors, the Board believes that the best way to comply with the intention of the Requisition Notice is to call a new General Meeting to consider these resolutions. So that shareholders can consider these resolutions at the same time as the AGM resolutions, the Board intends to adjourn the upcoming AGM scheduled for 11 November to the same date and time as the new General Meeting.

It is expected that the adjourned AGM and the new General Meeting will be held in the second half of November. The Company is working with its advisors to put in place the procedures to allow this to happen as smoothly as possible. A formal notice of General Meeting will be produced and issued as soon as possible.

The Board continues to believe that good corporate governance is important to the operation of the Company and supports the proposal to have all directors stand for re-election. The Board is also in the process of interviewing the new director and carrying out normal due diligence on the individual. Following this process, the Board hopes to be able to make a recommendation to shareholders in favour of the appointment of this director.

As announced on 5 August, the Company commenced a formal process for the identification and appointment of a new CEO who will be based in the UK and will be appointed to the Board. The Company is pleased to report the search is progressing very well.

Further announcements will be made in due course.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

[freddie43] 21/10/2020 13:58

Maybe he will deal with the Australian centric Board and an executive chair living in South Australia and having to fly to the Victorian office if he wants to meet the team (when he can fly at all). At least lockdown has avoided the cost of Joe and Rodney flying business class from Australia to the AGM plus associated costs!

[lord loads of lolly] 20/10/2020 10:23

If you had his stake in IDP, wouldn't you want the company to fly? I think interests are MORE aligned when directors put their money where their mouth is. That said, my only concern is if he tried taking the company private before it had really achieved its potential.