Mereo Biopharma Share Discussion Threads

[argy2] 14/9/2006 13:19

Now we know the buyer....10% could take a while!

[lex1000] 14/9/2006 13:12

Note that buyer paid premium to get hold of those 3 shares.lol

[momentos] 14/9/2006 13:05

Need a round number to divide by 5!

[nosuchthing] 14/9/2006 12:55

3 shares ? Is this some cunning plan ?

[deanroberthunt] 14/9/2006 12:55

28m MCAP......when will the market wake up and smell the coffee....I just keep accumulating when funds come free....cos to me this is as cheap as one gets imo......minimum of 40m forward orders already, and thats old news.....

[cr4zyness] 14/9/2006 12:48

Transaction in Own Shares

RNS Number:9663I
Marchpole Holdings PLC
14 September 2006



Marchpole Holdings PLC



TRANSACTION IN OWN SECURITIES



In connection with the share consolidation announced on 31 August 2006,
Marchpole Holdings PLC announces that on 14 September 2006 the Company purchased
for cancellation 3 ordinary shares of 1p at a price of 23.75 pence per share.



Application has been made to The London Stock Exchange and United Kingdom
Listing Authority for 27,206,246 ordinary shares of 5 pence each ("New Shares")
arising on consolidation of the existing ordinary shares of 1 pence each into
New Shares to be admitted to the Official List and to be admitted to trading.
The New Shares are expected to be admitted to trading on 18 September 2006.



END




This information is provided by RNS
The company news service from the London Stock Exchange
END

POSSFIFELSMSELU

[brindy] 14/9/2006 12:09

LOL !! My account(s) have not been credited yet.

[wbjunior] 14/9/2006 12:08

cheque arrived lovely some spare cash to plat with , laptop here i come...........happy days ahead wbj

[dan de lion] 14/9/2006 10:47

My cheque has just come thro` the door.

[brindy] 14/9/2006 10:18

Tick up on the bid....

[brindy] 14/9/2006 10:05

£450.

[pwjustdoit] 14/9/2006 10:00

could anyone give me an idea of monies to be expected from the divi if i hold 100,000 shares.

Cheers

[wbjunior] 14/9/2006 09:47

not yet Brindy, but it usually takes a couple of days to get inyo my isa, money for new lap top if mrs wbj agrees..........lol.............wbj

[brindy] 14/9/2006 09:43

I believe the divi gets paid today. Anyone seen it yet ?

[gb2005] 14/9/2006 09:41

Everything is so good so far:
Steady share price in a often red market
increased Directors stake
Dividend
massive order (should contributes to a good result?)

Only the 5-1 consolidation is something I don't feel very much comfortable with. Prefer to see my stake at lower range with string of interesting news rather than keep a 5 time less stake with a massive price over 100p/share but armed with none, comparisionably, far better or more interesting news. Hope the people at AGM are clearly convinced and understood the deeper reason of a consolidation at this time and state.

The board needs to work harder to make the consolidation a positive news ...

[dan de lion] 14/9/2006 09:26

I like the sound of "price explosion"

[wbjunior] 14/9/2006 08:57

Another factor would be the finance of around 3 million pounds to buy back 10%, although the company has 20 million pounds of debtors to come through the tills. If the trading news is known by the directors to be exceeding expectations and the buyback thought to increase the value, now is a good time to exercise the buy back before any price explosion. imho........wbj

[dan de lion] 14/9/2006 08:32

Quoted from the Report and Accounts:-

"Whilst it is not envisaged by the board that this authority will be exercised in the foreseeable future it will, in assessing whether to purchase the company`s own shares, take into account all the relevant factors including the effect on gearing levels, earnings per share and assets per share ratios and other benefits to shareholders"

[nardelli] 14/9/2006 07:48

dan

find it strange that the company would give details of share buy back only day's before the agm, if it had no intention of doing so, surely you would not mention it. the mm's would know and it might explain the wider spread the day after it was passed at the agm.

[cosnova] 13/9/2006 17:38

I assume if they don't they will be sitting on a cash pile so either way has an up side

[wbjunior] 13/9/2006 16:47

Cosnova they have the power if they decide the buy back is in investors interest to do so, but it is entirely up to the management to decide when and at what price if at all...........wbj

[cosnova] 13/9/2006 16:38

am I missing something, are mph still buying back 10% of the shares or not?

[wbjunior] 13/9/2006 14:25

We know trading is good with 40+ million orders as of early July 2006, what we don't know is how much will go to the bottom line. My guess is that there will be expenses setting up the new licences and labels but I am still expecting very good eps figures to get these moving to 25p+ for starters. Off shopping back at close. keep the faith............wbj

[cr4zyness] 13/9/2006 12:33

Could MPH put a takeover bid in for French Connection I wonder???