Skinbiotherapeutics Takeover Rumours (SBTX)

Due to the mistakes made previously we are not really in a strong position regarding any potential Croda takeover are we And on that note I still want answers as to why a statement of no funding required and then hours later a cheap placing had been arranged

Apologies for being thick but I have found the recent posts on this board confusing. I am also aware I am repeating myself. Some have suggested a possible takeover of sbtx. If Croda were to purchase a pillar they would likely offer shares rather than cash and perhaps an earn out agreement. I don't see them buying the whole company . Therefore if a pillar was bought the proceeds would go to the company and it would be for the bod to decide what to do with the proceeds.They may decide to give the shareholders a special dividend or go on an acquisition strategy. lets focus on the announcement that we are going into production

Anderson I do not see any prospect of a takeover . The sale of a pillar is a possibility .

I have spent this month's "investment allowance" on Chapel Down rather than Skins. 1) I can drink the product and forget about my investment here 2) It's a potential takeover target