From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Will you pledge your support to sack the Probiotix board?

By Tom Winnifrith | Wednesday 11 September 2024


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


As per bearcast, the low priced issuance of 23 per cent of the equity in Probiotix (PBX) to a chum of CEO Steen Anderson may yet be overturned. But come what may, the board has to change. If nobody else will do it I will organize to try and get Steen, chairman Adam Reynolds and the son of Steen’s chum dismissed to be replaced by any three others. If needs be I will do it.

We need five percent to call a GM but I know that private investors own 23 per cent of the equity so it is possible. If there is a GM vote I'd be confident that Optibiotix might back me and so we would win. Thus it is all about getting to five per cent of either the enlarged equity or, if Aquis Regulation acts, theexisting equity.

 If you are prepared to back such a GM please email your name and how many shares you own to tomat49@gmail.com
This story is available to all readers
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

Thursday »

LUCE

Luceco – a trading recovery Buy?...

 

Quiz

The ShareProphets Sunday Pub Quiz #260

Thursday »

TM1

Rat. Sinking Ship. Technology Minerals

Wednesday »

Bearcast

Tom Winnifrith Bearcast: Another red flag at Cirata

 

Quiz

The ShareProphets Sunday Pub Quiz #259

 

DPP

DP Poland: a recovery buy at 10.75p?

 

Quiz

The ShareProphets Sunday Pub Quiz #258

 

Tom

Photo Article from Sharestock: tea

Time left: 03:45:45