Premaitha Share Discussion Threads

[twix386] 29/9/2018 07:28

Yes and no doubt there is arranged/agreed commitment for it all at 10p.I'd expect an early rns Monday confirming funding achieved in full at 10p

[dibs61] 29/9/2018 07:22

If the placing had been completed then they would have announced in last nights RNS that it had been completed. Therefore it has not been completed. The book was being opened by FinnCap immediately following RNS last night. Do you not believe your own company?

[dave444] 29/9/2018 06:31

General Admin Expenses £9m plus £1m to pay illumina so that £2.5m minus expenses which were £500k on last fundraising isn’t going to last very long!

[hjb1] 29/9/2018 01:09

Dibs,Dave, any comment on your remarks earlier?

'I agree Dave given the perilous situation they’re now in (see going concern section of RNS if you don’t believe me) I will be very surprised if, in a book build, all participants are prepared to pay 10p given what we now know. They’d be cutting their nose to spite their face'.

[mhin2] 28/9/2018 23:27

good to see director subscriptions, especially from dr chang...who increased his `skin' by 10% (7m shares), much more than the other directors. I assume that Dr Chang knows the Asian market better than those that bought yourgene. Given that this is going to be an Asian focused company, does the miserly 5% buy by Adam Reynolds question his faith...Should he be sacked?

where are the buys from the rest of the management team...dont they have faith?

should they also be sacked for drawing salaries for mediocre performance, and little evidence of faith in the future?

[hjb1] 28/9/2018 23:14

tsmith, again!!

[tsmith2] 28/9/2018 23:10

spotted a mile away..doubling cash away

[ikeadave] 28/9/2018 23:03

We may even close unchanged on Monday given an early RNS that the book build is complete ... £2.5m in the bank.

Hopefully we’ll get a Hardman update with some projections for FY19 & FY20 in early October too!

[richman777114] 28/9/2018 22:52

So one could imagine RNS 7am Monday to confirm placing completed and shares fall to 10.25p or thereabouts-no big dealThe Hot Stock Rockets piece was most illuminating-Finncap went down the lazy bucketshops route at a massive discount-Reynolds told them to get lost and phoned a few II chums who always said they'd be interested once Illumina settledWith the caveat that overheads need tighter control (which will happen under Lyn Rees vs 'boffin at the helm' Little) I'm very relaxed about where things are atIMHO

[hjb1] 28/9/2018 22:51

Dibs,Dave, any comment on your remarks earlier?

'I agree Dave given the perilous situation they’re now in (see going concern section of RNS if you don’t believe me) I will be very surprised if, in a book build, all participants are prepared to pay 10p given what we now know. They’d be cutting their nose to spite their face'.

[ikeadave] 28/9/2018 22:24

Lyn Rees has just dropped £50k in here, not bad for a first buy, and Bill is dropping £700k in ...
IMO those numbers are pretty good compared to most company placings!

[hjb1] 28/9/2018 22:20

yes Dibs, but I don't massage my own ego with posts like,
'So I called this absolutely spot on' then giving it the doom and gloom, after you sold out!

[bscuit] 28/9/2018 22:20

I’m annoyed that previous supporters are being excluded.

[mhin2] 28/9/2018 22:18

where are the buys from the rest of the management team...dont they have faith?

[mhin2] 28/9/2018 21:59

good to see director subscriptions, especially from dr chang...who increased his `skin' by 10% (7m shares), much more than the other directors. I assume that Dr Chang knows the Asian market better than those that bought yourgene. Given that this is going to be an Asian focused company, does the miserly 5% buy by Adam Reynolds question his faith...Should he be sacked?

[dibs61] 28/9/2018 21:59

Who rattled your cage hjb1? You’re posting on lse too under a different name- bakky - and I’ve not posted anymore than you this evening. So not sure what your problem is?

[hjb1] 28/9/2018 21:48

exactly IKEA..

[hjb1] 28/9/2018 21:46

you're full of it now eh Dibs?? on here,..lse,.. all over the place,.. pathetic!!

[dibs61] 28/9/2018 21:35

I agree Dave given the perilous situation they’re now in (see going concern section of RNS if you don’t believe me) I will be very surprised if, in a book build, all participants are prepared to pay 10p given what we now know. They’d be cutting their nose to spite their face.