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Here is CLN worth 60 millions share conversion so as soon as pay off CLN it will be ok but until Hemo have an income the road will bum over many times.
https://www.lse.co.uk/rns/HEMO/financing-facility-of-up-to-16360-million-reb6rf302666t8j.html
Pumpky, it feels like someone has been offloading at every opportunity for weeks.
Agreed;but someone is off loading at every opportunity
Hi Lunus, I've not seen the CLN contract, so I don't know what power Vlad has to do that.
@ Pumpky.......(as Bo alluded to i think) ....there will be a point when buyers dry up and volume is zero, so Mint do not have a guaranteed return.
Unless the SP is lower than the discounted price they bought when they sell. Mint might just find themselves locked in pumpky.
Mint get a discount so whatever they sell at they make a profit(unlike us)
SP is far too low to sell now. Not sure we are near the bottom yet either so no point buying. What to do??? I know HOLD
Tuan, you've lost faith pal. Maybe sell up?.
"Death end" :-) , I like that one.
If Mint decimate s.p by flooding the market they will never get their cash back.
S.p could still gi lower, but I for one am not giving up on Hemo just yet.
Come in Hemo!
There is risk and reward with every share.
If you think the market would put a value of sub £10m on this stock - i.e. 2p a share - Don't invest, simple as that
I happen to still value this company signifcantly higher than today's MCAP of £17m
Many some director buys would help to show support. Although, not sure of the rules.
Not sure what to do now. Was thinking about topping up to get average down a little, but not sure how low this could go.
Definitely not selling though, will hold and see where we are end of week/Monday and then likely buy more.
Lunus, please stop asking people if they believe. This is not a spiritual question for many, it is a financial investment.
The CLN is death end , as soon as share is up Mint will try to convert is share so they will more shares to sell to market. MMS need some one buy all that shares or they will drop it that is normal supply and demand .The deal end news have show off and in the mean time there is no other news people is waiting too.
Mint have left 9.5 millions share convert so they will play hard on share price .they dont care how bad it is , it is sure they can sell whatever price on that day and can convert share with 10 less so there is no harm to Mint but very bad to Hemo share holder as we have more share dilution market.
The number is 6 billions share can convert to it as Hemo public not long ago so there is only hope some how they can have deal with GC and pay off CLN as fast as it can . the longer it hold on CLN the bad it will get .
Problem is not many people are going to want to put money in at this point when we could be going to 2p.
When I ask him over tweeted he asked only need RNS when there is some Infor need update but don't RNS as share holder hope to see. He is good at his processional job but he is not a good men on media and if you followed his tweeted there are many people see it quite confuse and shouldn't do that if he is a CEO of company.
some people have been losing money if just jump in as if reading his tweeted and believer the deal but he know in advance if there is more job to do to get its destination so just keeping it quite as it going so people don't expecting too much .
The overall impression I have begun to get from Vlad is he has no time for investors. Maybe he thinks we are all just in it for the money, whereas he is in it for the science and to do something great for people. However, that kind of attitude doesn't work when you need leverage and funding. I kind of get it but it is arrogant and short sighted.
When they communicate professionally.
All the PR with Hemo is very amateurish. That for me is the fundamental problem.
You cannot have a scientist fronting the media unless supported by a similar media experienced representative who gives Vlad the nod what he can and cannot say.
All major companies invest in media training (except Hemo it appears, and therein lies your problem).
Agree tuan.
Hemo have only 12 millions cash at the moment but they need conver to share and Mint just do as far as 2.5millions so there are more 9.5 millions value into share conversion . At the CAP now it is too low for it work out .they can't do over 3% each conversation but if they do many time and share will be less value so losing it all .
If Mint cant convert 9.5 million left because it is too low maybe they will cancel the 48 millions so there is no guarantee Hemo have 60 millions in the bank.
Mint lend money to Hemo so they need to get it back with interest that is natural .
Only when the trial and GC pay Hemo so the CLN will pay off and we see the light but now is the dark as nothing is really can bargain with GC to ask them pay Hemo some money now. They are not interested with pre trial drug and wit small company too. They want big and can turn into profit now
Did Vlad and wife receive shares from the takeover?
Hedge, yeah I knew it was this week, but if it's at 4pm on Friday, we could lose another 1p on the SP by then. Of course we might lose that after the interview anyway:)
TR1 today or tomorrow?
Interview is this week i believe
Hemo has £60m finance facility - so i dont see it running out of money
I'm also pretty confident it has IP / value in its pre clinical assets that suggest very little risk at tis SP
A Global Co would snap up the company at £20m in a heartbeat...
Is HEMO going to run out of cash or even go bust? What do we think?