I came close to buying a chunk of NIPT a few months ago when it was hovering at 18p but instead decided on Optibiotix (OPTI) after researching their products and being more inspired by their field of research. I think it will be more of a slow burner though
Could be that the recent manipulation of the sp by someone holding it back until the cash is actually is the bank in order for them to be able to jump in large at such stupid prices risk free....that's what I have been hoping for recently or else was very close to taking my big loss to go elsewhere...
it was indeed a "completely flat day" in the market yesterday the ftse was down just 0.04%......volumes down etc.........so was not just blvn one piece of realism is petebo has you sussed....."clueless" is correct :-)
If there was going to be any substantial rise in the share price post money in the bank then the pressure on this share would be enormous by now. You have got it in one, Immyspecial. A short flurry of excitement and then realism clicks in. 2 weeks to go supposedly and a completely flat day on the market yesterday. What does that tell you?
Once the cash hits the bank of I'm honest. Hope I'm wrong and looking to exit this dog ASAP after 4 yrs of misery.
If anyone knows of Ophir, they had a similar deal where they held 40% of just one acerage of many. They sold half of that block which had tonnes of gas for $1250m while the market cap was around $1500m at the time. The sp didn't even do 10% once the dosh hit the bank. Not holding my breath here or else we would have seen a rise especially after last rns. Need a miracle to get out of this dog with my money. Avg mid 60s!!
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