Top-up fundraiser, page-3

The link seems to go missing

https://www.mycause.com.au/page/288544/promote-no-vote-to-pfizer-takeover-of-resapp-health-2

not sure why but thought I’d post again

COVID-19 screening isn't RAP's core product and even so the sensitivity was just below Pfizer's threshold, the algorithm will train and improve the accuracy just like it did for ResAppDx and OSA. We invested due to the market potential of ResAppDx for both acute respiratory diagnosis and chronic respiratory management and we will still get sick with respiratory consultation most common even in a global recession. I think Pfizer really want this technology and are just trying to find out the price share holders are willing to vote YES given the IER's valuation (that's why they agree to it)......eventually I will see you at YES vote.

Blocking for a real bid from Pfizer or this was management strategy to get the $3M R&D commitment from Pfizer so it will be back to BAU with the market now know the valuation of what RAP is currently worth given one of the largest pharma is willing to buy them for that price.

How about we just wait and see what the next quarterly figures provide. Tired of reading that Rap has no cash. I haven't heard of any of its cheques bouncing. You know this is a nacent company Choofa. It is all about 1. Will the technology be accepted and 2. At what rate of traction will the technology be adopted.
Now you down rampers and chartists do us a favour and piss off. ResApp is a story in progress and I love stories.

ResAppLassian...

Next quarterly due next week then? Apart from the Pfizer $3m I reckon revenue this time will be around $235,000 or so. Nice little increase of around 30% will be an excellent result given the shenanigans last several months.

That’s if it is a true and accurate reflection ?

Glad you went there with the house analogy. Happy to play that game.

If you went to a house auction, you are going to throw down a very low ball offer to start the auction. A fanciful low ball offer that everyone knows will not get you the property. This was Pfizer's 11.5 cent offer.

Then the bidding slowly kicks off. This is Pfizer's 14.6 cent offer.

Based on coms in the market (i.e for ResApp shareholders the independent expert report) the owner knows the value of the property (here for ResApp, the shares are worth between 14.6 - 27.9 cents each on a conservative basis).

So what should the reserve price be? The reserve should be no less then the mid-point. In this case the preferred value of the independent expert report of 20.7 cents.

If Pfizer wants this property they will need to offer at least that amount to even entertain the seller (here ResApp shareholders). Or else the seller will be happy to hold the property (pass it in) and test the market at another point in time for greater upside.

Pfizer's current bid is out of the money. If they want the property they will need to at least meet the reserve. Up the offer to 20.7 cents and then shareholders can at least think about it. Until then, tell them they are dreaming...

Your scare tactics and agenda is very obvious.

Strong NO vote at the current offer price.

Genius

Brilliant analogy.

I love stories too.
Thank you.

This story is about to go all ASIC...on this one....

This Fizer one is about to end...

PO Fizer...

Great one!
BOD is the real estate agent trying to lower down owner expectations. They kept talking about the problems with this property and warn us future value will go down.

The story didn’t finish here.

After the owner refuse the low ball offer, they rent the house to the buyer. The house is well looked after and owner manage positive cash flow. If the agent is still not caring about the owner, they are not far away from being kicked out.

In 12 month’s time when the house was revalued more than double the initial value, we are all glad about voted No to stop the TO.

You do realise that the majority of shareholders will be voting FOR the transaction?

The anomaly of a Scheme requiring 75% acceptance can easily be negated with a simple asset sale and a subsequent delisting of the company which only requires 50.1% of the shareholders to approve.

So if I'm Pfizer, do I bump the offer and risk my reputation that the rats and mice reject it anyway? It's not like TT can get consensus from all supporting his motion to negotiate with Pfizer on your behalf.

If I'm the BOD of RAP, I re-cut the deal as an asset sale which results in less value to RAP shareholders as they'll have to pay for the de-listing costs. That's the prudent action in light of no cash in the bank in an uncertain capital raising environment.

It's been done before - MIRA used it on VTH last year.

So your activism will likely result in a lower return with a time delay.

Is this you Brian Leadman?

Your head is shaped like an arrow because it's obvious you contracted a particularly severe form of zirka disease in the womb and your mother abandoned you and that's why you hate yourself that's why you make no sense now piss off or I shall taunt you a second time.

What does the No vote hope to achieve.
If Pfizer walks, given RAPs financial position I reckon there will be a trading halt / institutional share placement. After the market reopens - I am sure you know what will happen..

The current share price is at an amazing 20 per cent discount to the bid. Imagine there was no bid!!!

Bentley go to Pfizer website, look up Leadership team and scroll down to Digital, could be someone who realised their pipe-dream is broken, as the No Vote is apparent, and so they bring the strong psycho-shit out

LoL

zika not zirca - thanks very much Auto mistake function. As for you Grandmasterbater you are worse then Lord Haw Haw and Tokyo Rose put together. How do people like you live with yourselves? Get a life!

I'm sure RAP already received $3M from Pfizer's R&D fund and another $1M from the R&D rebate this half but there's no doubt they will need to go a CR if the T/O is voted against and Pfizer doesn't immediately increase their bid. So I'm not sure why you mentioned "delisting" since RAP can still do this and with the publicity of the T/O from one of the biggest pharma and now with the market knowing how much RAP is valued, they can easily raise another $5M even at a price as low as 10c like they've done in the past. I've seen much "dead" stock do a CR in recent time. If this happen, there will be no "lower" return since we didn't want to sell our shares for 14.6c and time delay.

If I'm Pfizer I will need to make certain the next increase will get this over the line if the 14.6c is voted against, hence all this "canvassing" call being done and logically you would think an increase of 14.7c to 28c compared to 20.7c to 28c will have a bigger psychological impact on getting the yes vote. If this happen, there will be also be no "lower" return as Pfizer increased their bid, hence, neither situations would result in a "lower" return as you've mentioned.

you are weird as a holder? Only seen ur posts since the take over? Are u working for Pfizer or for Tony?
If you are aussie, show some patriotic behaviour to support an aussie company, why you want RAP gone in foreign hands?
Anyway lot of BS these days, so your rubbish post is nothing different to some junk fastfood which does more harm.than good!! Be happynits weekend.. post on monday is better!

Depend who would participated in the CR but this will mean the weak holders would have been weeded out so the rerate will be stronger with RAP realising their true MC valuation. The pps was at 8-9c before Pfizer entered with their ridiculous low ball offer of 11.5c and given the recent announcements you would think the pps would be at 10-11c right now regardless so a 2-3c increase caused by the bid is neither here or there in the scheme of things.

Comon ...it's you isn't it Brian...
Brian Leadman...is this you?
It is....isn't it....

Grandmasterbater your question have been answered many times before, try a different strategie or at least come up with a different question for [email protected]#_ sake

That is you for sure now...
Brian Leadman?

Well this is the best thing you have ever said...

You've told us you've been in personal contact with him in the past so why don't you just call him lol.

It is amazing someone claim they know yes vote will win and they know financial figure without seeing quarterly, wow!

The fact no voters posted their voting result is overwhelmingly evident we will win, approved in a forum big enough for anyone to speak. Some RAP thread has millions of view, its even more accurate than survey company.

Some recently becoming active yes voters, is it too fancy to hope SP will plunge then TO can pass like a miracle? If you think the market hope is bursting and financial stress will take SP back, you should have already sold at 13.5c since you posted again and again and become non holder.

You did not sell because: A Your are liable to your holding as BOD, or B you do not own this stock, but have a job to speak for BOD. Either way stop talking about the 10-20% premium, because it’s contradictory as what market thinks the TO will fail badly

I realise now that I was being overly generous with 'rats and mice'.

RAP has one institutional grade investor in Fidelity with a reasonable holding. Fidelity are (mostly) competent but they are also invested in isignthis.

The hope by some (including TT) that an ethical investor will save the day may suggest that investors don't think that RAP has a commercial investment case. Australian Ethical, who has a competent small caps team, have rejected an investment in RAP as an example.

Second guessing a Board of a micro cap is the domain of Koalemos. They are the closest to ascertain the quantum of commercial success. And it's not an enjoyable position to have to constantly chase funding.

I'll leave the rubbish to you. I simply outlined another avenue available to RAP/PFE if they want to derail the activism.

RAP has survived on tax payer funded subsidies. I pay taxes, so by the extent of critical thought that you've displayed, I must be patriotic.

@Arrow head , it puzzles me when you state "You do realise that the majority of shareholders will be voting FOR the transaction?". Can you please explain where you get that confirmation? As far as I know, the last CR is at 22c. It is very unlikely ALL those participated in the CR will agree to the T/O let alone all the others who participated even earlier. Second statement is even more bizarre "If I'm the BOD of RAP, I re-cut the deal as an asset sale which results in less value to RAP shareholders as they'll have to pay for the de-listing costs. " why it will result in less value to RAP shareholders if they just sell some of our asset? As a matter of fact, I think it will generate much more value to RAP if they sell sleep check to ResMed or Philips. Or like many other downrampers said Pfizer is only interested in our COVID detecting technology, we can just sell that part to Pfizer. Either of these deals will benefit us.

Just think about it, if BOD sold Sleepcehck for $10mil, or if we sell COVID detecting technology to Pfizer for $10mil, can BOD still support 14.5c T/O by Pfizer? If they do, they will end up in jail or in nut house.

Again, your statement puzzles me why it is the case if "The hope by some (including TT) that an ethical investor will save the day may suggest that investors don't think that RAP has a commercial investment case." I believe every share holder would think the company can make it and that is why he/she invests in the company, isn't that the case? As least for LTH. I personally have seen the price go all the way from 8c to 50c and then down to 8c again. So if this time, it drops again, pretty sure, I still won't sell. Pfizer is now interested in us, who says no one else will in the future? Like I said, the company has never tapped the retail holders for money. They probably should try that and see what happens. I for one, will participate. I made that very clear during my second phone call from computer share.

@Arrow head, I am so glad you pointed this out "RAP has survived on tax payer funded subsidies." I agree, it is the case. Therefore, if the BOD tried to sell us short to Pfizer, they betrayed not only us shareholders but also all the tax payers. According to your logic, you are patriotic and as a result, the BOD committed treason. Why anyone would like to vote YES and to side with traitors? Don't you love Australia? What has Australia done to you make you hate it so badly?

Institutions own ~60% of the register (TT canconfirm the numbers).
Institutions generally invest for profit, notthe emotion nor apathy which litters this message board.
TK has confirmed to other posters that he has major shareholder support forthe Scheme.

RAP shares averaged ~20m turnover prior to March.

311,675,304 have traded since 1 April on theASX (I don't have CXA volumes).
I'm speculating that >90% of the buying is for the arbitrage.

Check out OVH's history. A major shareholder (Thorney) with 19.99% holding was notsuccessful in a campaign against the IRE scheme despite mailing shareholderswith their vision.

The No votes already cast will be concerning the two companies. Whether it isenough for them to pivot to an asset sale remains to be seen.

I'll happily admit if I am subsequently wrongbut I don't see RAP making it to 2023 as a stand alone company.

See you at the voting stalls Oz. I haven't even touched the sides yet.

Institutions like Berkshire Hathaway look for profit from buying and holding for years and years rather than selling for arbitrage profits.

If you're going to discuss Berkshire, you should at least know their background of investing in companies that have a long history of paying dividends.

And Berkshire does participate in arbitrages, to wit:

https://www.cnbc.com/2022/04/30/buffett-berkshire-owns-9point5percent-of-activision-blizzard-shares-in-merger-arbitrage-bet.html

Come on guys/girls, are you actually going to respond with any comments of merit?

Yes but once you purchase the house you know pretty much what sort of return you'll be getting from your investment. It's not about to increase its value by 1000%..or10000% in 5 years. Your house isn't going to be a key tool in a global healthcare system. Its just a house....you could give it a coat of jam and maybe bang in a couple European appliances but its still a house. The analogy doesnt work. RAP will be a key tool in global Telehealth revolution. It will be in millions of houses!

You won't be voting yes, because you can't I don't believe you are a holder

The share price was 9 cents before TO offer

What would the share price have been with these announcements if the share price wasn't been held back by the 14.6 cents offer


1.Resapp signs partner deal with Pfizer
2.Resapp receives FDA approval for sleepcheck
3. Medgate expands into Germany
4.Efficacy of DX use with masks

I think the share price would have been way above 14.6 cents, partnering Pfizer with a test that could replace Rat test, what is that worth, and that could be rolled out in next couple of months.

Broken ...are you Brian Leadman?

Max Merit..?
Is this really you Brian Leadman?
I don't believe it...
Really...is it you....?

Why are you concerned about the No vote if you think it has no chance?
.
Is this you Brian Leadman, turning on your investors....shame...on you..

Shame on this BOD....
Australia has funded this...now to go and make billions in revenue for Fizzer ....

Shame on you....
Intimidating share holders....
How many holders have been intimidated by this BOD..

All my cared opinion