Tissue Regenix Share Discussion Threads

[the stigologist] 23/1/2020 14:45

No idea when Woodford will finish. There is a publically announced date for a 'First' or 'Initial' liquidity/redemption payment by end of Jan. You'd imagine if they are making payment by end of Jan they'd have needed to finish selling stocks around now to allow for reconciliations/settlements etc.

[nxc] 23/1/2020 14:34

The Company needs to raise equity - I suspect in the region of £5m - this recapitalization will enable further draw down from their debt provider. Once this uncertainty is cleared then the Company can move forward - I suspect their days as a public company may be limited depending on who backs the forthcoming placing. The Board are not masters of their own destiny.

[iamgreat1] 23/1/2020 14:06

Sub 1p looks good for this share

[theapplefreak] 23/1/2020 13:01

So Woodford has tomorrow to finish selling all their holdings right?
Which means TR1 no later than Wednesday.

[iamgreat1] 23/1/2020 12:58

1p beckons soon

[the stigologist] 23/1/2020 11:45

Bought more. Happy to buy from the stupid/desperate.

We knew they were looking at 'recapitalisation' (that can be via placing, rights issue, disposals/divestments) but they've already demonstrated they can expand cash runway in meantime whilst they consider best options

From 'at least to end of March' to 'at least to end of April'

That is a full 3 months which gives plenty of time for more
-cash management, cash generation etc
-disposals/divestments
-placing / rights issue (I have stated my preference for a rights issue as it gives holder pre-emption rights to the clear and evident mega upside)

With 3 months cash runway they can leave the worst of those recapitalisation options (placing) to March. Right Issue might require a bit more time to arrange, get documentation sent out etc.

Either way

TRX is only at 1.2p because of Woodford overhang

NAV/share is 3p+

Typically in growth industries and market-leading Companies tend to trade at premia to NAV because that is what a new entrant would have to pay to replicate that position

So we should be looking at a share price of 6p+

The fact the Chairman John Samuel bought at 10p is a further signal that value is SIGNIFICANTLY in excess of 1.2p here

[iamgreat1] 23/1/2020 11:42

All that delirious ramping amounted to newbies and gamblers holding the baby whilst the rampers and gangs were dumping at 1.7

[iamgreat1] 23/1/2020 11:41

1p is a calling Cash call coming

[sapper2476] 23/1/2020 11:27

Ooh. Another one who can predict the future.

[stocktrend2] 23/1/2020 11:06

Great buy at 0.80 post placing

[iamgreat1] 23/1/2020 10:55

Oh darn it down we go placings is lower

[monster500] 23/1/2020 08:46

The info given here over the last 3 months still makes me feel this is a multi bagger. I am heavily invested here and still I see a real return for holders :)

[the stigologist] 23/1/2020 08:45

They are but it provides an opportunity to buy more in a Company they expect to reach $200m in sales

That should make it a $1bn Company

They paid 10p plus

We can buy at 1p

$1bn even with doubled shares in issue would be c. 50p

[dice1950] 23/1/2020 05:21

One of the day's biggest casualties was #Tissue #Regenix, which shed 27.1 per cent, or 0.47p, to 1.27p after it spooked investors by saying it was looking at fundraising options

[fatgreek] 22/1/2020 18:29

You still knocking one out in a dark room?

[iamgreat1] 22/1/2020 18:11

Ouch again Oooh

[iamgreat1] 22/1/2020 18:09

20k loss for some who got caught up in the rampers paradise and bought 3.9m and 3.96m yesterday now have dumped out and lost All thanks to the rampers and their lies They must be on the hard drinks today

[iamgreat1] 22/1/2020 17:09

Absolute garbage