forwardloop
09 Jul 2016
Concepta - a Phoenix? [link] constituent of the mining sector is morphing into a company specialising in women’s health and fertility.Concepta Diagnostics is reversing into cash shell Frontier Resources (LON:FRI) with investors in the former receiving just over £3mln, mostly in paper.At the same time Frontier, which is being renamed Concepta PLC, is raising £3.5mln via a placing of new stock.The newly-listed company already has regulatory approval for the launch of its MyLotus fertility monitoring device for China.The first order from a distributor, which is likely to pay in advance, will come after the kit is tested in hospitals.Regulatory approval in the form of CE Mark for the UK and Europe is expected in 2017.Frontier chairman Adam Reynolds said: "We have found a compelling acquisition target in Concepta which we believe, if approved, will be in the best interests for the company, wider stakeholders and offers a value accretive opportunity for our supportive shareholders."Since its foundation in 2013, Concepta has established itself as a leading and innovative developer of personalised mobile health diagnostics with a primary focus on women's fertility, where a significant market opportunity exists to develop a best-in-class product to help women with unexplained infertility to conceive.”
Delboymk
22 Mar 2016
Disposal RNS So dump the junk tomorrow and buy ??? Small pharma maybe.
bothamtrader
03 Aug 2015
Oman Farm In Am I right in thinking these are close to getting a farm in on their Oman block. Should help push the stock up. Might be a good punt
