Busdriver your comments do seem a little contradictory. If Lupuzor is successful (noting the spelling and the emphasis being on if) then your entry level is immaterial at this level. I would focus more effort on your selling price on the back of any good news in relation to P140. rather than 5p here and there. I also think this bb has been very balanced when you may comparisons to NEW, RMP, RRL, OXS, XEL, FOGL, PINN the majority of which are 'oilies'. I would also suggest that investors in those shares are more likely to favour gambling. IMM do have other compounds in development so not just a 'one trick pony' which was a major factor for me when considering making an investment. In any case I wish you all the best in all your investments and wish IMM all the best in the success of Lupuzor, not just for the rewards it could bring for investors but more importantly for those that suffer from the debilitating disease.
Really great reply - totally agree and very balanced. I don't like it when boards become one sided and people get carried away - it's dangerous and the whole point of these boards is discussion which usually means multiple perspectives.
I'm actually not trading - I didn't sell any of my holding. I'm just looking for another entry and I believe it will be lower than here. My average is around 30p but would be good to get it down.
It's important for everyone to remember that this is essentially a binary bet i.e. no Lupazor, lose most, Lupazor success, win loads. It's still a massively risky share.
I agree, there was a caveat to my statement, IF it is approved. I don't disagree with your sentiment in the main.
Yes I am lucky enough to have an average of mid 20s with a reasonable amount of shares.
But I shall explain my thinking and why I truely believe this is life changing and why. As it stands, we are in an extremely fortunate position to have basically been given £10+ million for free, what resulted is a company fully funded throughout phase 3 trials with only 121mln shares in issue (less than 60mln available to pi.)
So...... IF approved let's say we don't get taken over or licence the drug out, it's worth about $1bln dollars. Now let's say it takes another £100mln to globally apply lupazor and double the amount of shares to 250mln.
It's easy to imagine that taking into account a doubling of the shares will still result in a share value of £s (to start). That's why I referred to"not saying this lightly"
Couple that with the fast track, outstanding previous results, ii interest. I believe that.... yes this is"life changing"
Albeit I do take your point that, for investors that may have invested at £1+ maybe not. So I do accept that for everyone this may not be the case.
One further thing i would add is, all those other companies had outstanding potential, but this is not them. You should not compare past performance of other companies, to the future value of this. They are all different. My thoughts anyways, I'm not ramping, more so excited at the value i have achieved, I call it as I see it. Genuinely wish you good luck with your trading, I'm waiting for another share to bag to increase holdings.
How many times have we all heard the phrase 'this is a lifechanging share' on these boards? I can think of NEW, RMP, RRL, OXS, XEL, FOGL, PINN etc. ad nauseum....
And how many have changed people's lives (for the better)? None.
Can you name a share that has been truly 'life changing'? If we imagine the amount necessary to change one's life is somewhere between £100-£500k, and the average investment is £3-20k then you'd need a minimum of 20/30X profit to constitute 'life changing' performance.
I made 8X investment on RKH and 5X on RMP (both of which crashed massively after). Nice money but not life changing.
So can we please stop the hyperbole. Even IF this is approved, SP movement and dilution will mean that most people may 2-5bag but that's it. And that's if they've bought low and sold high.
Lifechanging is an extremely emotive phrase that seems to me designed to ramp up shares and make believe truly believe that AIM can offer a way out of financial dirge - it's not. It can be for a lucky few - and the MM's of course - but for most, it's a vacuum sucking up all their spare cash, and not so spare cash, powered by greed and ignorance.
It's important to remember that it's much more likely that this share will end up a) losing you a bit of money b) losing you quite a lot of money c) making you some money than d) making you a life changing amount of money.
Let's be honest....... would this be be this low if the vote hadn't destabilised the market. Perhaps/perhaps not. I love this bb, because the people here are long term and that's why no one feels the need to take on. There are many lth (with higher averages then this) that are not begrudging the company or bashing either. Why? Because they know the fundamentals and IF approved, this is truely a life changing share. I don't say that lightly, this is purely upon approval. No politics, no global economics affect the value of lupazor. So people who want a trade, lower the price. Good luck. No issues, but some of the biggest investment institutions have put a lot of money here. They are the ones to follow IMO and as most are here for the long term, it really doesn't matter. It is a very informative bb, especially the technicals here. Good luck
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