Redx Pharma Share Discussion Threads

[matt123d] 13/3/2020 13:14

This is the best market for years. Numerous stocks have moved more than 10% this morning alone!

[matt123d] 13/3/2020 12:20

Better opportunities out there for the cash than sitting in here an unknown length of time for an offer that isn't guaranteed.

[igoe104] 13/3/2020 12:14

in for some more, not so cheap this time £0.1424.

[thefartingcommie] 13/3/2020 11:44

re..I'm in at 13.8p, not very often you get easy money like this.

indeed...spoke to chap at HL at some length just to confirm that I wasnt dreaming...

he said that because of the disorderly mkt of the past few days this anomaly had cropped up.

[igoe104] 13/3/2020 11:29

I'm in at 13.8p, not very often you get easy money like this.

[thefartingcommie] 13/3/2020 09:35

re...Sold mine at 14.1p and 14.5p.

why wld you do that if the offer is 15.5p....or am I misssing something?

[matt123d] 13/3/2020 08:21

Sold mine at 14.1p and 14.5p. Yesterday wasn't pleasant but unbelievable people were selling at 5p. That's what panic does.

[molatovkid] 13/3/2020 07:58

Great if you bought recently.

Not great if you bought prior to the hidden loan/Administration issues.

Guess which one I am.

[mirabeau] 13/3/2020 07:55

Premium of 210%. Wow

[thefartingcommie] 13/3/2020 07:20

Under the Offer, which will be subject to the Acceptance Condition and further terms of which are set out in Appendix 1 of this Announcement and which will be set out in full in the Offer Document and Form of Acceptance, Redx Shareholders will receive:
15.5 pence in cash for each Redx Share held.

· The Offer will extend to all issued Redx Shares which are not held by Redmile and any further Redx Shares which are unconditionally allotted or issued and fully paid before the Offer closes.

· As a result of the Acquisition, Redmile will, in aggregate, hold 86,498,896 Redx Shares, representing approximately 45.5 per cent. of the existing issued share capital and voting rights of Redx.

· The Offer Price represents a premium of approximately 210% per cent. to the Closing Price per Redx Share of 5 pence on 12 March 2020 (being the Last Practicable Date prior to the date of this Announcement).

[oldtimer169] 02/3/2020 07:44

Significant uplift in pre-market.

[tidy 2] 02/3/2020 07:35

More Spam !

[soulected] 29/2/2020 15:10

Almost 50% premium on the new shares, must be positive!

[matt123d] 28/2/2020 22:11

Potentially paid off by the look of it. See what the market says on Monday!

[matt123d] 14/2/2020 17:43

Added a few here again this week for the gamble.

[oldtimer169] 14/2/2020 16:22

Further extension...

[soulected] 12/2/2020 09:57

We have some movement, but not much volume...

[shovon1000] 09/1/2020 07:49

Excellent news .

[shaker44] 01/1/2020 08:28

Puts a new spin on insider dealing I guess

[shaker44] 31/12/2019 10:08

Clearly the market has low expectations