Share Name Share Symbol Market Type Share ISIN Share Description
Summit Therapeutics Plc LSE:SUMM London Ordinary Share GB00BN40HZ01 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 21.00 20.00 22.00 21.00 21.00 21.00 98,310 08:00:22
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Pharmaceuticals & Biotechnology 43.1 5.0 9.2 2.3 71

Summit Therapeutics Share Discussion Threads

Showing 41501 to 41525 of 41525 messages
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DateSubjectAuthorDiscuss
18/2/2020
22:15
Waterloo, re your post 25490 I am NOT exiting, maybe I phrased it badly. I am still in with the ADS shares.See you at the AGMs
algernon2
18/2/2020
22:05
Current equivalent share price already over 24p. Reckon we will be flying over $2 next week
kirk 6
18/2/2020
21:42
Hi All - Good to see many moving over to the NASDAQ I have just gone onto my Interactive Investor account & yes waterloo01 I now have 10,200 ADD's the conversion has today taken place but no value attributed to the share price currently in £'s.I now have two lines 1) Converted AIM shares to ADD'S 2) A few ADD's that I have bought direct.Yet to find out how this will work. I hope things go well for you freedosh you will be missed. With regards AGM's I have spoken to Summit its not clear if it will be US or a UK venue eventually I guess US.
chrisatrdg
18/2/2020
21:38
It should do as all the selling pressure has been in the UK. Now that's cleared, it leaves SMMT to trade on it's own merits. Time will tell, but sorry to to see such respected posters as freedosh and algernon exit. Will miss the insight and sense of joint enterprise. ce la vie
waterloo01
18/2/2020
21:32
Yes, nice to see it jump on nasdaq tonight. Hope that's a good omen.
1gw
18/2/2020
21:00
And with all those positive posts it's good night SUMM, and hello SMMT.
waterloo01
18/2/2020
20:12
Read the rns: Takeover code waiver "The Fundraising is not being underwritten and is conditional (amongst other things) upon the passing by the Company's shareholders ("Shareholders") of a resolution to approve a waiver (the "Rule 9 Waiver"), which has been granted by the Takeover Panel, of certain obligations that would otherwise arise on Mr Duggan in connection with the Subscription pursuant to rule 9 of the City Code on Takeovers and Mergers (the "City Code"). " Substantial holdings - Placing and warrants at 10% above placing price. "Robert W. Duggan is a substantial Shareholder and Glyn Edwards is a director of the Company. Both Mr Duggan and Mr Edwards are therefore related parties pursuant to the AIM Rules. Mr Duggan's participation in the Subscription and Mr Edwards' participation in the Placing, by way of subscription for 452,475 Placing Shares and receipt of 67,870 Investor Warrants, are deemed to be related party transactions (the "Related Party Transactions"). " Takeover waiver no longer applies from 24th Feb " The Takeover Panel has confirmed that the Company will remain subject to the Code until such time as both (1) the proposed Board Restructuring has occurred, resulting in the Company's place of central management and control no longer being in the United Kingdom, Channel Islands and Isle of Man and (2) the Company's shares are no longer admitted to trading on AIM. Subject inter alia to the Cancellation Resolution being approved, it is expected that the Company will no longer be subject to the Code from 24 February 2020. " " For so long as both the Company's place of central management and control is outside the United Kingdom, Channel Islands and Isle of Man and the Company's shares are not traded on a regulated market or multilateral trading facility in the UK, the Code will not apply to the Company. Therefore in those circumstances Shareholders would not receive the protections afforded by the Code in the event there is a subsequent offer to acquire their shares in the Company." The placing provides funding for less than a year. "The Company's existing cash and funding arrangements will be sufficient to fund the Company's operating expenses, including the ongoing Phase 3 clinical trial of ridinilazole for the treatment of C. difficile infection, and capital expenditure requirements through to 31 January 2020. If approved and completed, the Company expects that the Fundraising will extend this runway by approximately 12 months to 31 January 2021. " https://uk.advfn.com/stock-market/london/summit-therapeutics-SUMM/share-news/Summit-Therapeutics-plc-Summit-Announces-A-Propose/81299524 I think Mr Duggan will take over the company at around the current price within the next 12 months.
sikhthetech
18/2/2020
20:08
SMMT on Nasdaq is very volatile - dipped below $1.3 and peaked as high as $1.76 over the past 3 weeks. Swung down to $1.42 early today and currently $1.62...
metis20
18/2/2020
20:03
Personally I think the best is yet to come...two views make markets..good luck to us all and hopefully nobody has so much invested that it will hurt too much if we are wrong making the decision to stick with it.
hernando2
18/2/2020
19:59
I'm out too. After all these years I have little confidence that this business is going to come good, but for those of you who believe otherwise, I hope it does. Good luck!
poseidon2
18/2/2020
19:36
Fair well freedosh. Antibiotics finally done you in.
waterloo01
18/2/2020
19:33
Good luck Freedosh.
algernon2
18/2/2020
19:29
No. Jumped ship and went into NCYT. Sorry guys but I’m sure this will take off on NASDAQ now the AIM overhang is gone. I won’t post on NCYT - never seen anything so offensive and manipulative. Good fortune all.
freedosh
18/2/2020
19:15
Hi Chris and Waterloo. Well it looks like I'm aboard still for the ride ADS wise. See you both at the next AGM? Will we have a joint AGM or one in the UK and one in the US; or can there only be one and it will be hopefully broadcast live to the other side of the World from where it takes part. Is Freedosh with us also? God Bless the Good Ship Summit and all who sail in her!
algernon2
15/2/2020
13:07
cool. thanks
waterloo01
15/2/2020
13:00
Hi All - With Summit coming off AIM will this Board continue on the basis the short cut is putting in 'SUMM'.Regards to all.
chrisatrdg
13/2/2020
13:27
I wouldn't be surprised if that 2.5m trade was a sell, given the trade is only days before the deadline...question is whether there will be corresponding buy in US.. I still think Mr Duggan & co will take over the company at around the current sp, if he thinks everything is going well... probably in around a year's time... Nothing stopping him doing so..
sikhthetech
13/2/2020
13:21
Just spoke to HL to ask about timetable and they said that ADRs should appear on our (HL) accounts within about 1 week of the deadline - so presumably end of Feb or early March. Having been disappointed in the past with delays in UK-US transfers I will believe this when I see it, but it certainly sounds good at this point.
1gw
13/2/2020
10:53
Will be interesting to see if there is a matching ADR buy this afternoon.
freedosh
13/2/2020
09:39
Rather large trade gone through. 2.5m+
waterloo01
12/2/2020
12:31
I have in the last 30 mins finally rolled over all of my 51,000 shares on the Interactive Shares platform after many complications which I would not have wished on anyone. I would like to note that I had great support from Summit. Lets hope that for all of us soon to be on the NASDAQ that we have a bright future ahead of us & an opportunity to recover what for many of us are large losses mine is approx. £40k.
chrisatrdg
10/2/2020
23:26
Yes, looks pleasingly simple and cost-free wirh HL.
1gw
10/2/2020
20:14
Well done then and thanks.
waterloo01
10/2/2020
20:10
Agree waterloo01 on both points. I have been working with Summit on the issue for the last two months who also spoke to II to explain the situation re Mellon Bank etc.Process came out within a week of such discussions & others followed.
chrisatrdg
10/2/2020
20:03
Chrisatdrg, Barclays are just awful. Have been so for sometime. I only have one account left with them. They did however say they would have transferred them to another broker, but as they were in an ISA I sold. I've instructed HL to convert today, I assume without any charges, which is a result.
waterloo01
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