Neuropharm Share Discussion Threads

[boobly] 21/1/2010 16:58

Rkhl :.......It`s not `Under Offer` IF I understand what they`ve said .
They have indicated that they `May` still raise funds ? !!
I
think there`s a horrible smell of a placing at about this price - 10p?
Would keep them all in a nice cushy job for another year .

[rkhl] 21/1/2010 16:55

Surely they could not raise money while the company is under offer!?

[rkhl] 21/1/2010 16:54

Must be at a huge loss to the majors. Aren't sale prices usually done on an average share price over a certain amount of time. 20p sounds good to me.

[mike111d] 21/1/2010 16:36

I would expect that the major holders will force a sale through, time will tell if this is so.

[rkhl] 21/1/2010 16:32

In most circumstances you would think the major shareholders would not be concerned with the share price short term. However, maybe they are all agreeing as to what price a sale would be acceptable to them.
#

[mike111d] 21/1/2010 16:05

No I can't say I do, sadly you can't be everywhere.

[duplicate book] 21/1/2010 16:02

Mike111D......nice to see a fellow HML'er here too!!! Sorry for off topic, but do you hold TAIH?

[mike111d] 21/1/2010 15:52

All buys on Plus this past hour:

21/01/2010 15:32:29 8.60 3,000 O 258.00
21/01/2010 15:28:38 8.60 4,000 O 344.00
21/01/2010 15:19:53 8.60 5,000 O 430.00
21/01/2010 15:18:53 8.60 9,083 O 781.14
21/01/2010 15:17:41 8.60 5,000 O 430.00
21/01/2010 15:17:11 8.60 25,000 O 2,150.00
21/01/2010 15:12:25 8.60 11,489 O 988.05
21/01/2010 14:56:48 8.70 20,000 O 1,740.00

[mike111d] 21/1/2010 15:50

Well if it is a short then at some point it will close and to be honest from here I would have said you probably would not want to remain short, so more likely a seller.

[joeblogg2] 21/1/2010 15:48

You can buy 75k @ 8.6 so a big seller around now or big short put on??
rkhl , I wouldn't bother , it is not worth the stress!!!

[rkhl] 21/1/2010 15:46

Does this share always have such low volume/trades?

[mike111d] 21/1/2010 15:45

My take was an offer at a 50% premium to cash of circa 20p per share.

[rkhl] 21/1/2010 15:39

Sorry to hear that some shareholders are suffering here. Valuation sounds incredibly low for a company on the verge of an offer (if thats my understanding).

Any consensus as to what could be acheived should this company be made an offer.

A near 100% upside to 15p sounds good from where I am looking. I may buy at this price.

What are the risks?

[luckyvince] 21/1/2010 15:38

Topped up in one of my sipps to reduce average to 13p. Would have to use quite a few thou£££ in my other sipp to reduce to 15p. Not sure if i'm brave enough.

[mike111d] 21/1/2010 15:26

That was my thought but for the long term holders I would like to think that the price would be somewhat higher.

[iantc] 21/1/2010 15:24

well decided it was time to come in and add a few ,priced below cash level and in offer talks ,may well get taken out for only 15p ps but that would do for me

[mike111d] 21/1/2010 15:17

My calculation says cash of £4.6m come month end, so yes in that ball park.

[hugepants] 21/1/2010 15:15

If you read the latest research note from the website:


then NPH are forecast to only go through about £2.5M for the year to June 2010. So its possible they still have net cash of 7.3 - 2.4 = £4.9M or 15p per share then.

[loverat] 21/1/2010 15:10

Yet another disgraceful episode.

[mike111d] 21/1/2010 15:09

I have taken a small punt and picked some up on the dip, given that the current price is now well below the cash held.

[the_beagle] 21/1/2010 14:48

joe.... Of course they are. Market cap £2.5m! Has all the cash been nicked? Company need to speak up NOW, not in March.