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I cant find anything either but they must be soon unless there is an extraordinary delay which won't do the share price any good.
Creeping back up atm
should read ‘to date’. Results probably in the next few weeks.
Last year it was announced on the 15 March 21 for the 15 April 21 but no mention of results so date that I can find.
When is the results published?
That mey be why they are saying nothing about it though you would have thought it was significant enough for them to have to inform the market - but who knows - I certainly don't as exemplified by stupid buy at £9.80!
Reported in December… there now seems to be a world glut of vaccines with some nine major players in the picture.
The world's largest vaccine maker will halve the production of its Covid-19 vaccine because it has no fresh orders, its top-ranking executive has said.
India's Serum Institute is sitting on a stockpile of half a billion doses of Covishield, the local version of AstraZeneca's Vaxzevria jab, the firm's CEO Adar Poonawalla told CNBC-TV18.
Can’t put my finger on where I read about the vaccine. ADVFN makes some reference to it… hopefully incorrect ?
Hi Shatter
I am still here looking at the wreckage that is my shareholding in OXB.
Where did you find the reference to no more revenue from the vaccine as I thought AZ was pushing ahead with it even if it hasn't got US approval, but perhaps it is manufacturing it elsewhere.
I still haven't heard back from them on my questions on the vaccine so I guess all is not well. Given they ramped up production capability to provide it you begin to work if it hasn't got itself into a bit of a pickle and hence JD leaving and the current terrible share price.
No more revenue from the vaccine! Can’t understand adding Homology to the portfolio? Cash burn must be a real drain on what’s left in the coffers. How is Oxb going to afford this and pay back Oaktree ? Just my musings. Had pondered over whether to buy back in but don’t see any upside. Will they have another fund raising? Answers on a postcard.
Morning Kern,
The AIM does seem to be hard work at the moment. Oxb are very quiet about the AZ vaccine so maybe they are still in discussions? Surely they would be duty bound to inform the market of such a loss. On the plus side it may have found bottom for the time being. Very strange times at the moment. Keep well..
The people who bought at 810 must be happy. Same at Sar where there were large investments at around 8p (before consolidation) by HNWIs and it is now just over 2p in old money. Its fall has been even more dramatic than OXB - from 9p to 2p in a few months; and even under 2p at one stage. Angle well down as well and VAL so my bio stocks languishing badly - as are most of the others to be honest.
Morning Shatter
As you know I have tried to get into the finances of OXB for years without much success as what they produce is pretty opaque on detail but it seems to me that if anything happened to the AZ contract they would be in great difficulty as it is hard to see alternative income covering these loan repayments.
SP still in the doldrums and I am still in the red!
“The Company has fully drawn down the $85m Short Term Loan Facility with Oaktree which has been used to temporarily bridge fund the Acquisition and the $50m cash injection into Oxford Biomedica Solutions.”
Not sure how they are going to repay the expensive Oaktree loan!
Looking at my portfolio this morning especially pharma shares, it`s like a scene from Reservoir Dogs, I wish my crystal ball was working now, especially with no positive news here. The email responses from OXB were polite but told me nothing about anything coming and I assume the terrible events in the Ukraine are affecting everything, what a sad world we live in, as we start to come to terms with the pandemic, we now have another new Hitler to deal with.
Ukraine is absolutely tragic and getting worse so yes losing money on shares pales beside it but other than contribute to DEC or equivalent what can we do?
In this case I don't see this continued fall as part of the general market; there is something peculiar to OXB driving this. Obviously we don't know what it is but last September we were over £16 and now look where we are with the bod still saying they don't comment on sp movement. I think the silence on the vaccine is telling but what do I know. Last September AZ was not far off where it is now so it hasn't had this catastrophic fall..
Are we now at or below the consolidation price as if so that is some going!
I think in general terms the markets are having a bad time but not as bad as those poor Ukrainians, which puts things into perspective. The horrendous performance here has been going on for quite a few months now, just hoping we can get news on something positive soon. GLA
papucel…. tried to read some of your other posts. They are very insightful ( not)
and at times quite aggressive. English obviously isn’t your first language but you are giving it a go! Calm down and g.l.
Yeah, papucel “ I just make it up as you do along.”
shatter before you make your comments do you ever look to the wider UK market and the international one, or you just make it up as you do along?
Just looked in and saw the sp. Looks grim. If Oxb don’t get another Astra contract I fear that this is only the start of the drop. Cash burn is scary and they appear to have bought a pig in a poke with very few other revenue streams.
Yes, I agree the markets are in turmoil and could be for a considerable time so where does that leave Oxb?
kernowlad have a look to the rest of the SP even the shares with the best results reported today dropped 4% -7%
It is just hysteria, don't try to rationalise
What has caused this today?
It's a laugh that consolidation was supposed to reduce volatility (they are saying the same over at SAR where it did a same 50:1 on Monday) when we have had many days like this and a steady fall from the recent high.
I haven't heard anything from them about the vaccine so can only assume it is bad news otherwise they could surely have said something along the lines that things were going according to plan without giving any details.
Feel as if this is now not a good bet any more.
The AZ contract is notable by its silence. I previously thought that this was merely a formality but perhaps not! Time will tell but it’s not helping the sp.
I had a very pleasant email response from Sonia which didn't say anything different to Hawkander so I have emailed back stating that other companies do put something out when they think sp movement is unwarranted so when OXB says nothing it can be a cause for concern.
In her response she listed the good things OXB were doing (as per Hawkander) but made no mention of vaccines and AZ so I asked for clarification on the state of the contract as it is now and going forward.
Given the nature of the first response I am hopeful of getting another one and perhaps one that might shed a bit of light.
Will keep this board posted.
Only Oxb could practically break even on a day like today !