Renalytix Share Discussion Threads

[mr roper] 02/11/2020 11:40

Shifting on low volume today. Suspect it trends back to ipo price quick smart now and takes direction from next news.

[mad foetus] 02/11/2020 10:12

Verici ipo tomorrow then, no idea how many shares I was allocated yet but good luck

[donmac101] 30/10/2020 15:06

Had that and more long time ago when forbidden tech floated during dot com boom 25 x mah cash

[nimbo1] 30/10/2020 14:51

Hope it 10 bags instantly to make up for my day elsewhere ;-)

[toffeeman] 30/10/2020 09:49

The number is Link and they don't know what the scaleback is and say they won't until Nov 2.

[donmac101] 30/10/2020 08:03

Got an emsil from verici with number to call to tell how many you have opens at 9 am

[cambridgedon] 30/10/2020 07:51

Do we actually know how many Verici shares we actually got? Mine are described as "prov." Presumably provisional?
CD

[wan] 30/10/2020 07:47

Excellent news regarding the level of interest and oversubscription in Verici (Renalytix spin-out). I am hoping EKF participated (above their in specie shares) and that Renalytix retain a sizeable stake.

[donmac101] 30/10/2020 07:41

Looks like we didnt get our full allocation then.we will find out when it opens

[faz] 30/10/2020 07:25

Bit more on Verici : The Restricted Offer for up to £0.5 million was significantly oversubscribed as expected. The Placing, Subscription and Restricted Offer have, in aggregate, raised £14.5 million through the issue of a total of 72,500,000 new Ordinary Shares at the Issue Price. The allotment and issue of Verici Dx Shares in connection with the Restricted Offer remains conditional upon, among other things, Admission, which is expected to take place on 3 November.

[wan] 29/10/2020 13:31

Having run the rule over a few area's, I am quite hopeful for a number of positive KidneyIntelX updates between this November and next January.

[donmac101] 29/10/2020 13:24

AI companies very thin on the ground in uk so i am expecting a demand for the listing .Shame about the timing risk off and all that.

[nimbo1] 29/10/2020 13:00

I bought a few in the ipo. Renx went below the ipo price at one point but more people watching now so who knows

[toffeeman] 29/10/2020 12:11

Don't forget the free shares are subject to lock-in (as opposed to lock down!)

you can trade the ones you purchased

[cambridgedon] 29/10/2020 12:03

A J Bell also finally got their act together for me. Like others I got my full allocation. Now awaiting arrival of the free shares into my portfolio.
CD

[faz] 29/10/2020 09:24

AKBell delivered for me too, last minute though it was. This was a PI subscription and very small % of the overall offer. Anyway we shall see soon enough.

[mg1982] 29/10/2020 08:37

I can confirm that AJBell left it last minute for me. HL were a bit quicker. iDealing didn't even entertain the possibility of participating. So I am not surprised if it wasn't oversubscribed. You have to understand us small retail investors will always get the short end of the stick.

Management may well genuinely want PI's on board with this but the whole industry thinks of us PI's as sheep so the concern is only in passing and if absolutely necessary.

Rant over

[elsa7878] 28/10/2020 19:34

Doesn't sound like good news. Over subscription means you get an allocation. If you get the full sub then they are probably scratching around. Just saying it like it is. I am a RENX shareholder but while I will receive my divestment shares I did not apply for more.

[toffeeman] 28/10/2020 18:51

My Verici are showing (got all I appled for) AJ Bell

[cambridgedon] 28/10/2020 16:13

donmac. Who do you trade with?
CD

[donmac101] 28/10/2020 15:45

Just received my full allocation that i asked for in the restricted offer.hopefully will do well when it floats next week.

[74tom] 28/10/2020 11:17

Have just watched the results call from yesterday, bar the first 20 minutes of scripted talk I thought the rest of it was excellent. There is a tonne of newsflow to come and I'd advise any investor to watch the Q&A session which is available on the Investor Meet Company plaform.

I thought that questions were answered very well by James McCulloch, with a lot of positivity on the future of KidneyIntelX. On Kantaro he emphasised that although the FDA have now closed the EUA pathway, they submitted before the change so are being assessed. He mentioned that it wouldn't be unreasonable to expect to receive EUA in November, but this is at the mercy of the FDA, so absolutely no guarantees.

Pleased to see the Kantaro news this morning from EKF, completely agree with the summary from @Wan, lots to be positive about as an EKF & RENX shareholder.