Salvarx Grp Takeover Rumours (SALV)

.....genuinely laughed out loud at that. Very good. Although I looked up Code 713 in the Ladybird book of Stock Codes and it says "should have sold at 80p you clown - now you're in danger of just sitting on these until your gain is gradually completely eroded away as the whole takeover thing is a smoke and mirrors crock of shite". I wonder which book is correct ?

This gets better and better ! Portage are not hanging around. It is a reverse takeover, they will also have a consolidation (allowing US Investors to buy). I expect this will become a very big company. Note their comment about buying before an imminent inflection point for valuation uplift. "Declan Doogan, C.E.O. of Portage, remarked, "Since we completed the distribution of Biohaven shares, we have been looking for other exciting undervalued opportunities with near term inflection points. The acquisition of SalvaRx Limited represents the next evolution of Portage as we acquire interest in 10 products in the exciting area of immuno-oncology led by a top class team. Portage is now poised to advance several products to clinical proof of concept and hopefully take advantage of strong capital markets and increased levels of pharma mergers and acquisitions to bring yet more returns to our shareholders.""

This is basically a Reverse Takeover Portage after paying out their cash winnings from previous investments were looking for investments, they get to buy SALV on the cheap and take it over to the Canadian market where they have a great reputation amongst that Investor base I think SALV now goes from strength to strength Will be holding my SALV and looking for 400p+ hTtps://twitter.com/Stockonomist/status/1018920202627665920