reasons:

1) Innovata are in merger talks with skypharma - (company has a valuation between 50-70p) and is currently trading on the lower end.

2) SkyePharma PLC ('the Company')
Notification of Major Interest in Shares

on 17th October 2005 by HBM BioVentures (Cayman) Ltd that following a series of
purchases it held a notifiable interest in 25,000,000 Ordinary shares of the
Company, representing 3.98% of the issued share capital of the Company.
-------------------------
on 25 October 2005 that HBM BioVentures (Cayman) Ltd had increased their
notifiable interest to 32,446,233 Ordinary Shares, representing 5.17% of the
issued share capital of the Company.
----------------------------------------
on 7 November 2005 that HBM BioVentures (Cayman) Ltd had increased their
notifiable interest to 50,000,000 Ordinary Shares, representing 6.63% of the
issued share capital of the Company.
--------------------
on 2 December 2005 that HBM BioVentures (Cayman) Ltd had increased their
notifiable interest to 57,295,894 Ordinary Shares, representing 7.60% of the
issued share capital of the Company.
----------------------------
on 5 December 2005 that HBM BioVentures (Cayman) Ltd had increased their
notifiable interest to 63,780,450 Ordinary Shares, representing 8.46% of the
issued share capital of the Company.
----------------------

HBM BioVentures (Cayman) Ltd have in the past 45 days or so increased their holding in the company from 25 million shares to well over 63 million shares now.

_______________

would love to know what you guys think.

Kivver

i see the company are still fighting the wishes of the bigger shareholders which could keep the price suppressed if any of them decide to follow Fidelitys lead and start offloading

totally agree with you Fundy, this was a great chance to breath some fresh air into the company and they failed to it. Fidelity have sold some but still hold some too. UBS AG and its subsidiaries have increased there holding by 7 million to 37 million. I think the products are too good for the company to fail and they do seem to be trying to get their act together, only time will tell whether they have succeeded or not.

Kivver

will be an article on front page of FT tomorrow under the headline "Skyepharma defies rebels by naming Condella as new chief"

over 4 million sells, few buys and the price goes up, very weird!!

so Fid have started buying again - hmmm

theyve added 1.6m

cheers fundy, weird too after just selling so many, i still have a lot to learn to understand this game.

Kivver

i think so do fidelity lol

i think theres a lot more to unravel before it will be clear where this going, still watching from the sidelines (having been a holder on off for way too long!) but would be tempted at mid 30p levels

Well. I think they are happy to fight. Can it be a method of keeping the share price low?
watching with interest

a little push upwards today may prove to be good news, 42p

and another steady push today on the day gowrie announces his retirement, could be interesting and mixed over the next couple of months. up 6% today to 43.5p. one to watch over the medium term imho. dyor

his depaerture was always likely to be greeted by a rise in SP - a fair opinion of his management!!!

lets hope this inspires the rest to get their act together and promote what are FUNDAMENTALLY good products and pipe line.

held its own this morn, so a positive start for a change how long will it last???

still holding steady, still a lot of work to be done to but certainly worth putting in stock watch. looking for a miminal return 52-54p at first. Of course that would be around 20% return. looking foward to some positive news skppy.

egm set for the 9th march, lets get it over, then get back to the real business of promoting and pushing good products!!

the title of the thread asks it all. back up a bit today so there hope...... i hope!!! finished just over 42p.

I'm putting this one on my stockwatch... feel there could be something good here. who or what is "UBS AG"... have noticed they have a good share in D1 Oils

9th of march is critical and the management need to convince the rebels they are doing all they possibly can to get the best out of the company and the products they have. Not sure about ubs, but they must be institution than invests in companies to make (or try) money for their customers.

UBs are a big Swiss bank, no different to the other investment banks

As you say Kivver, 9th is critical, though personally if i was currently a holder, id be voting for change. Current management have had many years to prove they care about shareholder value and failed miserably.

Still watching but will not consider a position till after the EGM

still holding up, hope people are watching.