The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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your AGM lasted 20 mins before rns dmtr over a hour now nothing Mark Warne must be getting a hard time
I had posted over the last year this company was not going anywhere, and thus the SP was bound to go down further. More evidence of this today.
This company is a big NO, NO for me.
No tangible progress in the last couple of years.
All IMHO and DYOR
Is Mark Warne going to be in London at Ixico Agm at 10.30am today or will he be at dmtr gm in Bristol at 11am today unbelievable
Perhaps he'll just hand his resignation in on both companies looks like he's lost a few million here in the last year
Shocking 84% discount to some buddies at dmtr he's got a lot more clout at Ixico than is shown on the share register he was part of the concert party a few years ago here with ip group
Hopefully dmtr shareholders will vote him down today at dmtr is there a meeting at Ixico today as well
Anything with Mark Warne in is a disaster. Take a look.what he has done in Deepmatter.
Be very careful, not a guy with morals or looking after retail investors.
thank you TALTBONG
https://www.investormeetcompany.com/ixico-plc/register-investor
It really is not going anywhere. Continues to burn capital. This year the cash burn was ÂŁ1.3M, due to increase in Trade and other receivables.
Changes in working capital
(Increase)/decrease in trade and other receivables ÂŁ(1,112)M
So are these clients that might not pay? IXICO used to be better at managing its working capital.
No change of fortunes in sight for now. Just another AIM cash burning company...
Could someone please give me link to get into meeting please
Clearly IXICO is not delivering.
The suspended contract in October represents 1/6th of the order book ("The client will therefore end its trial while it undertakes additional preclinical studies. Contracted revenues for this trial represented ÂŁ3.3m of the Company's order book as at 30 September 2021, of which the Company had expected to deliver ÂŁ0.8m revenues in the financial year to 30 September 2022.)
This is after another contract was suspended.
I do not see any catalyst here, unless a very major cotract (say ÂŁ5M is won).
In my opinion SP is now going to retrace to sub 40p. Even at that level, PER (sing the FY just finished) is in the high teens. W/ no growth in sight, not clear what the strategy is.
All IMHO. DYOR...
ATB
It’s another bus :-)
Looks like there were a few who had an inkling about today’s positive trading update…..
It’s good to see in today’s update the first formal mention of what they are doing with their March 2021 announced collaboration with Microsoft with this statement:-
“…….more than £2 million technology investment to support long term growth (including our next generation, Microsoft Azure cloud-based, imaging data platform and proprietary AI data analytics platform)”
You fellas have any insight into why the rise today?
How under the radar is this company! Love to see it
Three awards announced in the last fortnight……keep up the excellent business development work Ixico……also I am looking forward to hearing positive news soon about the benefits being achieved from the collaboration with Microsoft which was announced 6 months ago.
IXI subject of Stock Watch in Saturday's Daily Mail. Dont know what difference it will make
but it's nice to see it mentioned.
So all the buys yesterday a few hundred k and tiny amount of trades today and 8 percent down ! We had a 150 k yes to morning any way I’m happy with Ixi as feel new contract soon for nice bucks . Will add if I can get 66
Happy with it no surprises I feel a new contract will be here soon to rerate slightly . Gla Thanks sharedreamer . Holding up well here profit tiny bit out other than that ok
We could see a small fall in SP today I think.
Recommended by a Broker at 9.00am this morning (Aim Investor)! I suspect this is the main reason for todays movements. Onwards and Upwards!
Noticed volume better today we been having a 25000 buyer of late . Hopefully new contract ??
Having been detracted by Covid, big pharma's attention should be returning back to trials.
+
Recent FDA approval for Alzheimers' Disease must be good for Ixi to encourage more pharmas with clinical trials for AD drugs.
Any good news, PIs will be jumping on this given that SP has bottomed out.