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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
  +0.00p +0.00% 20.00p 0 05:00:01
Bid Price Offer Price High Price Low Price Open Price
10.00p 30.00p 20.00p 20.00p 20.00p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Health Care Equipment & Services -2.81 -0.05 7.3

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Date Time Title Posts
18/1/201901:37SalvaRx Group - Jim Mellon/Oxford Uni Cancer Immunotherapy co (formerly 3LEG)399
01/12/201818:26SalvaRx Group - targeting tumours40

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Salvarx Grp (SALV) Top Chat Posts

DateSubject
21/1/2019
08:20
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 20p.
Salvarx Grp has a 4 week average price of 20p and a 12 week average price of 20p.
The 1 year high share price is 93p while the 1 year low share price is currently 18.50p.
There are currently 36,527,182 shares in issue and the average daily traded volume is 6,441 shares. The market capitalisation of Salvarx Grp is £7,305,436.40.
09/1/2019
08:08
dexdringle: Okay. Just to re-cap. SALV will become the owner of 757M Portage shares in exchange for signing over its trading business to Portage. SALV then becomes an investment business SALV then plans to simply pass on 90% the Portage shares to its own shareholders so we will end up each owning X number of shares in Portage (plus our existing SALV shares albeit probably around 10p a share at that point reflecting the value of the Portage shares not distributed). Questions: 1. how long is it likely to be before the distribution takes place ? 2. how simple is it for a UK shareholder to directly own (and trade) shares in Portage ? Presumably, the SALV share price will, from today, exactly reflect the value of the Portage shares and could be sold before the distribution happens ? EDIT: just noticed the SALV share price has dropped to 10p so already prices in the distribution ?
19/12/2018
08:26
dexdringle: ….except that the current Salvarx price is reflective of the Portage share price being half of the 12 cents it is now ?
19/12/2018
03:33
shakyhands: My concern here is that the Portage share price is leading Salvarx - only Portage volume is tiny,as usual.
08/12/2018
14:24
cumbrian2: Agreed Stig, but probably best to use the latest offer price which was $0.105 but that still gives a GBP1.49 conversion. My concern was that Portage would open very weakly yesterday which was not the case, so assuming they hold the current level then the arbitrage has to kick in big time as we head to completion date. Adding in, that we retain the SALV shell(which may get a Juvinescence investment?), and that the said shell retains some Portage shares then the SALV share price looks ''too good to be true'' but looks like it actually is!!! Thankfully own 144k shares, all bought after the original deal (based on my view on Intensity) so averaging 67p but hopeful of a big profit to come! Got to be heading higher on Monday.
22/10/2018
10:22
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)….
22/10/2018
09:09
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 !
21/10/2018
15:44
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 ?
18/8/2018
10:48
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.
14/8/2018
10:40
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.
14/8/2018
09:45
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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