Crusoe
05 Feb 2016
Re: Re: Ripley - this was one of a number of tips which I read up on a couple of years ago. The prospective product and Jim Mellon's involvement led me to take the plunge. Unfortunately, or naively, I had not anticipated the time taken for these medicinal products to get through the regulatory hurdles and thought that production and marketing would have come about a lot sooner. Well ... you learn. More than a bit concerned about what shares of what value I will hold if/when the Scheme is approved. Thanks for the bobsson referral.
bobsson
04 Feb 2016
SP drop after RNS RNS today both gives the timetable of events and last days for dealing on AIM, and very complex and confusing details on how to hold RP shares listed in Hong Kong. I think the complexity has unsettled a lot of PIs who are selling out prior to the Scheme becoming effective. I expect (hope) that Barclays Stockbrokers will be contacting me to advise what I do from here. We will have to wait and see if the sells continue and if those shares are being mopped up. I don`t expect marketmakers will want loads of unsold shares on their books, what happens if they are holding on deadline day? SP may well continue to fall if MMs slash it to deter panicking sellers. Good opportunity for someone to build a cheap stake, but they could have done that a long time ago so why now?IMHO DYOR
Ripley94
04 Feb 2016
Re: Re: Hi crusoebobsson below gave a good description of whats going on.How did you get into this one ?
Crusoe
04 Feb 2016
Re: Sorry - subject is the Scheme
Crusoe
04 Feb 2016
Spoke with Equniti today enquiring about what shares I will hold if scheme goes ahead i.e. X no. of RP shares or none! I am not really clued up on what this offer is all about. Equiniti advised me that they could not answer my query just yet but that they are expecting another announcement possibly this week when they would be able to answer my query. Does anyone have an understanding onwhat shares would be owned by an individual in the event that scheme goes ahead/ Thankyou in advance.
Ripley94
04 Feb 2016
Re: Why Didn't People Listen! Topped with different broker who deals in Hong Kong .
Ripley94
04 Feb 2016
Re: Why Didn't People Listen! Dropped at open ... RNS at 9am.not sure what to make of it.
Ripley94
27 Jan 2016
Re: Why Didn't People Listen! Thanks.
bobsson
26 Jan 2016
Re: Why Didn't People Listen! 11.01 Ripley, Yes RP is essentially a cash shell, they may have some historic energy assets to sell, but they only look to have a modest amount of cash and assets. RP are banking on having sufficient cash to get PLEs product to market asap. RP is still a gamble on whether the canister issue can be resolved quickly and the product ready for sale (via prescription) in Europe. Approval by USA and Asia may take longer, but RP will need to have the product rolled out in Europe this year, before even RPs modest cash pile runs out. PLE are keeping quiet about what is happening on the product development front, is it good news or bad news? We just do not know.Regards
bobsson
26 Jan 2016
Re: Why Didn't People Listen! Ripley, The 12.5p was from the RNS about the Possible offer on 4/11/2015. From then until the Recommended offer RNS on 15/12/2015 the sp of RP shares had fallen on the Hong Kong stock exchange, so the value of 15.7076 new RP shares was then worth 11.65p per PLE share. I suspect with falling global markets RP share price will continue to fall and so will the relative value to PLE shares. We now await the formal documentation to enable the vote to be held on whether to accept the offer. Acceptance looks a formality given that no counter offers have been made for PLE. Without RPs money PLE is bust. The product appears to work, so if the delivery system can be sorted, there is potentially huge commercial success for it. However, you will have to find an account in which to hold your HK shares and then to sell them as and when.Regards
Ripley94
26 Jan 2016
Re: Why Didn't People Listen! 15 DEC 15 price of regent 0.8926 Jan 16 price 0.69.Rns today re- losses. ?
Ripley94
25 Jan 2016
Re: Why Didn't People Listen! were did some posters get the 12.5p from a wile back ?
bobsson
25 Jan 2016
Re: Why Didn't People Listen! Ripley, Its called a Scheme of Arrangement. Initial details were contained in the original RNS,The final terms and timetable are still to be announced, see today`s RNS.Regards
Ripley94
23 Jan 2016
Re: Why Didn't People Listen! CAN ANYONE EXPLAIN THIS OFFER. BROKER TOLD ME NOT A SHARE EXCHANGE OFFER BUT THEY HAVE VALUED PLE. AND MADE A CASH OFFER, BUT NOT PAYING CASH ????
Ripley94
22 Jan 2016
Re: Why Didn't People Listen! Is the offer still on ?
