Share Name Share Symbol Market Type Share ISIN Share Description
Salvarx Grp LSE:SALV London Ordinary Share IM00BZ4SS228 ORD 2.5P
  Price Change % Change Share Price Shares Traded Last Trade
  +2.25p +3.78% 61.75p 536 16:35:05
Bid Price Offer Price High Price Low Price Open Price
59.00p 64.50p - - -
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Health Care Equipment & Services -2.81 -0.05 22.6

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Date Time Title Posts
16/11/201809:32SalvaRx Group - Jim Mellon/Oxford Uni Cancer Immunotherapy co (formerly 3LEG)346
14/8/201807:21SalvaRx Group - targeting tumours39

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Salvarx Grp (SALV) Most Recent Trades

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Salvarx Grp Daily Update: Salvarx Grp is listed in the Health Care Equipment & Services sector of the London Stock Exchange with ticker SALV. The last closing price for Salvarx Grp was 59.50p.
Salvarx Grp has a 4 week average price of 55p and a 12 week average price of 55p.
The 1 year high share price is 90p while the 1 year low share price is currently 18p.
There are currently 36,527,182 shares in issue and the average daily traded volume is 22,040 shares. The market capitalisation of Salvarx Grp is £22,555,534.89.
dexdringle: If I'm a trolling idiot then I must also be a masochist as I'm holding these ! I was genuinely expecting an amazing announcement - and a doubling of the Salvarx share price. I'm already up 100% so I suppose I can't be too greedy. Am holding lots of 'jam tomorrow' shares most of which are truly awful (including ITX, RM2, RMS, CNR, PPC, PGD etc) and some real dogs (DEB, IRV, ISAT, DIA, BARC)….
the stigologist: Should be a double whammy effect coming Portage value will go up and have a knock on effect on the SALV price Should go exponential soon No wonder they were giving the October 20th Presentation such a pre-show fanfare and they delivered !
jonesyboy 27: Plenty of screen printe on twitter search #SALV. We will have a very interesting week, expecting portage SH document release by Canadian stock Exchange early this week. Vote then deal very quickly. Don’t forget we get 18 portage shares (value US 8.9 cents each) for every Salv share. Plus get to keep shell shares which are worth ~20p each.
dexdringle: fig1. I have a small holding. Just 6,000 shares. A speculative punt at around 34p a share a while ago. Tip from Moneyweek I think but i can't be sure. Could do with a significant winner as am taking a major bath on some other holdings just now.... Jonesboy. Source ? Your estimate of effect it may have on the share price ?
dexdringle: Let's be clear here. For each SALV share we are being offered 18 shares in a foreign company of dubious substance - and where those shares are currently suspended. No wonder the market can't figure out what to make of it. Either SALV shares should be 40p (thus ignoring the 'bid') or £1.50 (believing the bid). The fact that they are somewhere in between suggests that the market is hedging its bets....
sweet karolina: kristini, It is a pathetic attempt by stig to personally attack me for taking a 100% profit when had I waited a bit longer it could have been 200%. The share price later crashed below the level I sold at and is now back just above the level. "The share price movement of any stock esp smaller caps over a short periods is meaningless and can never be called either way by anyone......…" pretty well covers it. Why is stig so desperate to stifle rational discussion on the options available to holders? Is he hoping to suck more of you in to buying more so he can dump all his? He is rather rude and aggressive what ever his true motives. It is up to individual holders to decide what to do and when. It looks to me as though the rise based on the deal has run its course, I could be wrong. I did not sell PFP at 100% profit because I thought the rise there had run its course, I sold because the reason I bought in the first place was no longer valid - I had bought to support the kicking out of the BoD at an EGM and the EGM was not going to happen, 100% profit as a side show was more than enough for me.
typo56: The RNS talks of the share offer being valued at US$1.80, not C$1.80. "Based on the Portage share price of US$0.10 (being the price of the last trade on the OTC on 10 August 2018)".
kristini2: Market must be expecting a fairly severe downside correction in portage share price at the open based on salvx trading here this morning
bandflex: Just seen a typically misleading post on LSE suggesting you get more shares if Portage falls. To be clear you do not get more shares if the the Portage share price falls and you do not get fewer shares if the Portage share price goes up. The deal is for 757,943,784 shares in Portage at the price of 8.9c, so a discount to yesterdays closing price. The number of shares remain the same regardless of whether Portage shares go up or down, its the value of the deal that changes depending on the Portage share price because it is shares in Portage you will receive not cash. I should point out that the share price is not fixed at 8.9c before some twitter clown suggests it is.
bandflex: Jim Mellon is a director of Portage, Ian Walters the CEO of SALV is on the Portage board though he isn't shown on the Portage website. Very much a related party deal. As it is an all share deal it will be interesting to see what happens to the Portage share price when the markets open. Portage (PTGEF) yesterday closed at 10c with a market cap of $28m, they are offering $65.7m in shares for SALV. Portage shareholders have yet to vote on this and no timing has been announced yet, it will mean massive dilution for them. Demerger shares can only be traded in Canada. SALV intends to become a cash shell if the deal goes through. Value to SALV shareholders depends entirely on direction of Portage share price and Portage shareholders voting yes to the deal.
Salvarx Grp share price data is direct from the London Stock Exchange
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