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Share Name Share Symbol Market Type Share ISIN Share Description
Redx Pharma Plc LSE:REDX London Ordinary Share GB00BSNB6S51 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 63.00 61.00 65.00 63.00 63.00 63.00 10,919 08:00:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Pharmaceuticals & Biotechnology 5.7 -9.2 -5.4 - 173

Redx Pharma Share Discussion Threads

Showing 551 to 572 of 675 messages
Chat Pages: 27  26  25  24  23  22  21  20  19  18  17  16  Older
DateSubjectAuthorDiscuss
11/8/2020
19:25
is should have left this in the bottom drawer and ignored it - i'm more confused now
global nomad
11/8/2020
19:14
received reminder notice from iweb today...apologies to hahmedk for misconstruing his previous posts...para 3 and 4 are key but still a little vague...questions is still about selling on market asap or gambling on the listing remaining active after aug 24th - those paragraphs seem to suggest it might. ---- originally published by iweb on 19th June Further to our previous correspondence, Redmile has received valid acceptances of the Offer in respect of approximately 91.76 percent of the existing issued share capital of REDX as of 30th April 2020. Consequently, as Redmile has received acceptances under the Offer in respect of, and/or otherwise acquired 90 percent or more of the REDX shares in issue, Redmile is required to notify shareholders of their rights pursuant to the provisions of sections 983-985 of the Companies Act 2006 (The Act) to require Redmile to acquire the remaining REDX shares on the same terms as the Offer. Please note, it is not Redmile's intention to exercise their right under Chapter 3 of Part 28 of the Act to acquire compulsorily the remaining Ordinary shares to which the Offer relates and in respect of which the Offer has not been accepted. Redmile intends to maintain the admission of REDX Shares to trading on AIM immediately after the Offer. Should REDX be deemed to be unsuitable for admission to trading on AIM following Completion for any reason Redmile intends to investigate whether a listing on an alternative exchange or establishing an alternative trading facility would provide material benefits to shareholders through the continued ability to trade their shares. Before making any decision please take into consideration all relevant factors of the event including the current share price and any possible tax implications. If you require any further information in making your decision please contact an appropriate professional advisor. Please be aware that should you choose to accept the Offer, we do not yet know when the cash proceeds will be paid. However, we will notify you once your entitlement has been credited to your account. Should you choose not to accept the Offer at this time, we will contact you again if the Offer is extended, the terms of the Offer change, or if we are notified that the Offer is closing. Please note that acceptance to this Offer will only be applied to the number of shares you hold at the time we process your instruction. Please note that should you elect to accept the Offer, your shares will be removed from your account after our Advice Date and will not be available for you to sell. Should you wish to find more information about the Offer, please visit www.redxpharma.com/ What Happens If I Don't Elect ? If you do not wish to accept the Offer at this stage then you should take no action.
global nomad
11/8/2020
15:31
Well yes under section 979 they need to get above 90% but section 980 then specifies the procedure and timescales that they have to follow once they've done that. They have to serve notice on every shareholder. If they had served that notice on shareholders within limit of three months we would've received it wouldn't we? It would also have been widely known and reported. Doesn't make sense to me.
saintbart
11/8/2020
14:50
I would imagine reading post 494 they have done that but if I recall once you are above ninety percent it makes no difference as minority share holders can be squeezed out regardless
supercity
11/8/2020
14:40
My reading of section 980(2) of the Companies Act is that Redmile would have to have served notice of intention to acquire the remaining minority shareholders' shares within 3 months of the date when the deadline for accepting the offer expired. This was 30/4/20 so the deadline for serving notice expired on 30/7/20. So I don't think they can do this now. Does anyone agree/disagree with me?
saintbart
10/8/2020
20:09
If you trawl back through the rns releases as far as March 13th it does say the company accepted a 15p per share offer for the company from redmile and recently redmile are up to 92 percent share holders.I can not find any news that says this has now been reversed and quite frankly if they own 92 percent there is nothing that can be done anyway.It does seem very odd but looks like they are compulsory purchasing the remaining shares at only 15p.That's how it seems to read.
supercity
10/8/2020
16:07
HiI got message from my broker that they will accept the offer on my behalf at 0.155p per share unless I decline. Some advice will be welcomed.
hahmedk
10/8/2020
16:00
Thanks for replying. I am afraid they weren't much use. Just read out what they sent. If the share price currently 50p how can takeover be for 0.15p They they will accept the offer on my behalf unless I decide to decline. Just a bit confused ?. Do I sell now my 10000 shares or end up receiving £1550
hahmedk
10/8/2020
15:44
i suggest you ask your broker why they are sending you info which is not in the public domain...we know they are majority holders and have obligations
global nomad
10/8/2020
15:39
Today I got message from my ISA broker about recommend takeover of Redx Pharma by Redmile Group at 0.155 per share held. Payment date 20/08/2020.Is this a proper takeover or something else? Any advice would be welcomed.
hahmedk
10/8/2020
13:38
the spike as precursor rather than anomaly...
global nomad
06/8/2020
17:28
Undervalued now.
phurley
06/8/2020
14:45
MunchyDoodleDoo...Bibba-da-bing - Kenny's logged back in. You missed me....very telling Munch - is your soft side showing through...?
kennylogsin
06/8/2020
10:46
Given up talking NCYT down then andymunchkin??? Price bound to go up here if youre short!!!😂28514;😂
uk2day
06/8/2020
10:44
Just bought in today great price and future prospects this wont be in 50’s for long imo!🚀
uk2day
06/8/2020
10:42
latif-- this stock requires no pumping, rest assured
ak62
06/8/2020
10:35
YesYes & yes
andymunchkin
06/8/2020
10:34
andymunchkin4 Aug '20 - 13:15 - 360 of 378 Edit 0 0 0 PostShafting 40p ———;—— andymunchkin5 Aug '20 - 11:59 - 380 of 384 Edit 0 0 1 has kennyTheCnt loggedIn today? ———;- WillTis evenOot @ 25p JustGotta wait&see
andymunchkin
06/8/2020
09:46
Hmmm, yes looks interesting now.
jibba jabber
05/8/2020
19:55
pump n dump
latifs100
05/8/2020
11:55
Strong BLUE coming ?
ak62
05/8/2020
10:59
has kennyTheCnt loggedIn today?
andymunchkin
Chat Pages: 27  26  25  24  23  22  21  20  19  18  17  16  Older
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