Did Woodford Recently Buy Industrial Heat Shares at a 87% discount?

It seems so. And this was before the settlement was public, when there was still hope of IH keeping some parts of the license and/or IP.

Here are some screenshots published by user “Ahlfors” on Lenr-forum pointing i that direction. I’ve missed them before, but going through the posts of this users made me realize he has access to more information than most any other user there.

So according to the filing above stock is now valued at $5.7 compared to ~$45 when the original shares were bought by Woodford, Looking at the Woodford funds total holdings it seems as if they now value the complete (increased by about 50%) IH position to roughly $25M (all their funds). And this was before the settlement…

I guess they now value their IH position much less.

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