Syncona Share Discussion Threads

[neubie] 19/3/2012 12:34

rest...isn`t this stock manipulation for all to see?

[sharejock] 19/3/2012 12:28

BZ may well be the ultimate offeror here at c 15p cash?
Frankly, anything could be happening..

[sharejock] 19/3/2012 12:26

BZ Bank seem to be reporting 8.3s late.
They seem to be building a stake in preferential shares
preferential shares have no voting rights
preferential shares are preferred in bankruptcy procedings
BZ have made a profit on most of their ordinary share sales.
Many of the recent, unknown transactions in green have been sells by BZ above bid.
they seem to have a lot of clout
all of this makes me v nervous about continuing to hold my shares...

[restassured] 19/3/2012 12:20

Hmm acting in concert?

There is a clear link between Myriad and BZ bank.

One rule for the Swiss,another for everyone else?

[chinese investor] 19/3/2012 12:11

Myriad are picking sync up for less than 15p.

[the heed] 19/3/2012 12:03

they have done quite a bit of trading this.. for what reason I'm not sure seems a wast of time to sell although it probably helps keeps the prices down..

The next couple of days will finish this one way or other.

[chinese investor] 19/3/2012 11:53

BZ Bank 12,310,000 7.76% on 15 March 2012

[sdavis] 19/3/2012 11:19

What goes with all these 8.3's. Stakebuilding?

[joestraughan] 19/3/2012 10:35

comcols - I just tried your email address. I'll check later again to see if it worked.

Unfortunately sync has become stync after seeing those director payoffs.

[ptgint] 19/3/2012 10:21

If its a potential bidder stockbuilding, surely it would be in their interest to come into the open to prevent PI's etc pledging their shares to Myriad ? Isn't it more likely its Myriad hoovering up any shares in the marketplace at a price lower than their offer ? Interesting times !!

[grannyboy] 19/3/2012 09:45

Chinese Investor

"Red is the Myriad Corporate Colour".

Yes i've always suspected that Myriad goones were operating on these sync threads!!..

As to some posters saying that pi's have been selling out?, To right! Who in their right mind likes been deceived and miss-representations being put out to the market?, I for one got out when i saw the capitulation by Dent..

[chinese investor] 19/3/2012 09:24

comcols,
Red is the Myriad Corporate Colour.

[comcols] 19/3/2012 09:22

This Reds a bit "in ya face".. Can we go back to a simple white background ??

[sdavis] 19/3/2012 09:15

I was expecting the gap between the share price and the value of the offer to close as time gets close to the t/over date, not increase!!

[neubie] 19/3/2012 05:23

MattAB...Sharejock...here`s hoping. GL.

[mattab] 18/3/2012 23:42

There as already been huge stakebuilding that much is obvious.

Whoever it is know where they have to AIM in the BID to be successful and beat Myriad.

Obviously hostile as the Sync BOD have pledged their shares - which in the situation was the right course of action.

They also know they need some working capital for the duration of proceedings.

They can do what Myriad have - but come up with improved and better Cash offer.

Also, they know many have to vote before the 28th (same for me) so as to the timetable they are informed.

RNS's early next week perhaps? They are obviously serious actually buying in the market - 10's of millions of shares - so they will not leave it to chance.

Think we will know this coming trading week. GL all

[sharejock] 18/3/2012 22:31

MattAB: It's all very interesting which I believe is fitting for Sync: nothing's ever been straightforward. Hope rns we are looking for is before 28th March.
Meantime, as Sgt Dixon said, "Keep 'em peeled".

[mattab] 18/3/2012 20:32

PI's have sold down and out in massive numbers so not only have these been absorbed there have been massive amounts of Sync shares at 12.5/13 acquired by?????

This will not tank (if we are Myriad bound and receive their shares)- the opposite IMO - what is the point in shaking Sync's PI's out - they have already heavily sold down and out. Tumbleweed springs to mind across all three boards.

Also with the collosal buying from ?? if it were to tank they would wait before buying remember Sync ratio to Myriad in terms of valuation is small. 19% I understand.

So that bodes well.

These RNS's are due - if it is a Consortium aiming to make cash offer who have not yet been identified as an Offeror?

Then that will constitute a counter 'Hostile' BID - with the four month volume over 67 million. 30% is easily achieveable.

The massive volume is UK based not in Canada - so on that basis and with INT recent response - I doubt it is that side of the pond the action is from.

Would not be surprised if it was Emblaze. Be welcoming any advance as well it will be in cash and the Myriad BID is not hard to beat - Emblaze do have huge cash reserves.

[sharejock] 18/3/2012 16:56

I miss Q: Now would be good "timing"...

[santangello] 18/3/2012 16:51

...no conformation as yet ?, but most likely.

[oldtown] 18/3/2012 16:42

"If it is Myriad who are buying," ffs!!!!!!!!!!!!!

[santangello] 18/3/2012 15:36

I still would assume the Myriad deal is as good as done ?

With every large buy though, the medium/long term would appear to be very strong for Myriad. They look to be acquiring at 13p, and certainly eroding the amount of PI's who may sell on the first days trade following the acquisition.

Looking stronger by the day for the 'serious investor'.

Myriads next set of results should make for very good reading if you look at their stats to date, pre acquisition.

I for one am happy to have been buying and adding of late. I cannot afford any more though lol, I am fully stocked up.