Mereo Biopharma Share Discussion Threads

[master rsi] 21/10/2008 10:38

Lord Buffett

re -"Last Friday sale of 100K @ 4.60p" - Simply not true; that was a Buy - I know, it was mine!

Maybe you could enlight me with the time of your Purchase and spread at the time aswell ( though in over the size quantity is not important for the price paid).

Certainly it was a large amount and did not do anything for the share price but down.

[dumbarton2] 21/10/2008 08:44

I have just put some money into EKT stakebuilding going on the shares are tarading at a discount to net asset value and it pays a net dividend of near 5%.

[taffee] 21/10/2008 07:33

clearly!........good luck

[lord buffett] 21/10/2008 07:18

The price vs DKNY support/investment, but clearly it's very high risk.

[orchestralis] 21/10/2008 06:56

Lord Buff,

What was your reasoning for buying last week?

[taffee] 21/10/2008 06:55

agm on thursday....if nothing then no-one knows nothing!

[lord buffett] 21/10/2008 06:51

MasterRSI

"Last Friday sale of 100K @ 4.60p has done some damage to the share price, more than halved since."

Simply not true; that was a Buy - I know, it was mine!

So, the only conclusion is that someone either knows (or thinks they know) something that we mere mortals don't.

[1947jim] 20/10/2008 19:28

Orchestralis.
No -- an interested party who has global friends , who send me copy emails --- to show how bad they are doing !!!! and why !!
Did you notice in the figures that creditors had increased substantially?

[orchestralis] 20/10/2008 19:13

1947Jim

"They dont pay suppliers, then wonder why they stop supplying. They renage on payment agreements all the time."

What makes you say that are you a supplier?

[1947jim] 20/10/2008 19:05

One day , guys, you will realise that this Company had no idea how to handle debt ---- nor how to run a fashion business.
They dont pay suppliers, then wonder why they stop supplying. They renage on payment agreements all the time.
Interim results should be fun !!
Not sure about the latest deal with DKNY, when there is an interim Holding company involved .............. read into that what you like.
Time to get tough here at the AGM, because dont think we are being told the truth. My life philosophy has been --- its not what you are told that is important ------ Its what we are NOT told, thats much more valuable -- and we only have half ( if that ) of the story............

[master rsi] 20/10/2008 18:00

Last Friday sale of 100K @ 4.60p has done some damage to the share price, more than halved since.


Link to trades at .....

[master rsi] 20/10/2008 17:47

        OH dear dear
               what happen here

[taffee] 20/10/2008 13:20

funny how 1 year ago people were pushing companies to take on debt and give cash to shareholders!

Anyone with a clean balance sheet or cash was deemed to not know what to do with it!

[dumbarton2] 20/10/2008 13:05

Anything with high debts now hammered. Looks grim bothy on debt and retail sales gloom.

[momentos] 20/10/2008 12:35

Good to see times aren't so bad as to have to cut out the racing sponsorship....

[taffee] 20/10/2008 12:04

the only saving grace is that the price has only fallen when there has been an actual sell

[stevi1111] 20/10/2008 11:38

Yep....Evolutions (Market maker) have given up their book completely on MPH now.

(Well that's what my broker has just told me anyhow)

[hyper al] 20/10/2008 11:35

momentos

Stupid me. That explains drop then.

I'm only invested in companies that have plenty of cash or if am confident they can find the cash if they need it.

[stevi1111] 20/10/2008 11:35

Cheers EVO....Looks like they've shut up shop on MPH now as well..lol

[stevi1111] 20/10/2008 11:33

Just one MM with 16000 shares available at 3p!!

Bargain so I've just taken them..lol

[momentos] 20/10/2008 11:31

"Where is Marchpole cash invested?"

Dont be silly, they havent got any!

About 30m shares in issue so mcap 1m ish. Must be someone bailing bigtime for the offer to be so much below the mid - I can also buy at 3p.

Stevii, the 50k order you have put in at 3p, £1500 is for shares worth £95,000 15 months ago. Shocking eh?!

[hyper al] 20/10/2008 11:22

It become almost impossible to invest in the stock market, when such unknowns can be just around the corner.

It would help reduce investors fears if companies made it quite clear how secure the companies savings were.

I don't know if this is the reason for the fall in MPH SP, but I assume a reason does exist for it.

[hyper al] 20/10/2008 11:17

Surprised at current share price

One company I watch (Ceramic Fuel Cells, CFU) recently had an impaired investment and share price collapsed as a result.

Where is Marchpole cash invested?

[stevi1111] 20/10/2008 11:15

Taffee.......Put through a dummy trade to buy say 10000 MPH

See what price MM's are offering to sell them to you at. (I can buy at 3p here)

Just put in an optimistic limit order buy for 50k. Be interesting to see if it gets filled.