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Well, another 100k shares. Lower my average and see what happens...
See what the morning brings. Might be tempted, (in the hope that Ann has at least one ace up her sleeve and there's no joker in the pack), to throw a few more shillings in the pot.
ATB
"Definitely Chab, gives me hope this is the very bottom which makes this large seller seem very silly (unless they absolutely need the funds asap of course). Investing down here near 2.5p is a pretty safe bet in my opinion
I do agree this is a great price point to be accumulating, the biggest risk is see at the moment is Anne just continues a 'jam tomorrow' strategy, but I am inclined to think that will not be the case.
So if we get a good update and renewed confidence, this price point will seem to have been an excellent buy.
Aberdeenman
Definitely Chab, gives me hope this is the very bottom which makes this large seller seem very silly (unless they absolutely need the funds asap of course). Investing down here near 2.5p is a pretty safe bet in my opinion
One thing about this share is it's ability to bounce back off the 2.5p mark over so many months.
We shall see.
Let's just hope yesterday's results aren't just being used to appease an angry investor mob, like the last NXP004 results were (following which we've seen zilch progress on)
Don't forget to post your TR-1 Bob. You must be getting near now!
"There is so much going on here that it would surely take an extreme level of incompetence to not be able to deliver anything at all."
I thought that a few years ago, but extreme level of incompetence was what we got.
From Anne's CV I doubt that will be the case now though.
Aberdeenman
Dear lord, here I am at temptations gate again. Forgive my insanity as I intend to buy more.
Amen.
That's my thinking and why I've brought more, I just know Anne is going to start delivering, to mess it up even more is unthinkable.
I annoy myself by looking at the SP all the time, there's no need as I'm investing not trading, I just know the potential and can't wait to see it reflected in my portfolio
There is so much going on here that it would surely take an extreme level of incompetence to not be able to deliver anything at all.
Exactly filter, there's not much else they can do as a business.
Should have added, personally I want to see results now.
It was great to see the research results yesterday, I'm more than happy with those despite the lacklustre sp reaction.
Now I want to see NXP004 results, which were due before the end of last year.
They should update on the new IP for NXP004 in comparison with a multi-billion dollar drug.
I want to see them converting Oxilio into a reality which looks as though it should be within their grasp.
I want to see them conclude whatever negotiations have been / are ongoing for NXP002. They won't announce how the discussions are going as that is a sure fire way to scupper the deal and is pie in the sky wishful thinking.
I agree entirely with you that they cannot afford to change direction.
Not sure that will be the case though. Especially without a deal. Time will tell
You wouldn't think the strategy would change too much from the current one below, hopefully we have an update where everything is individually........
Our business model is one with very low operating costs, but we diversify the means by which revenues are derived. Our strategy therefore takes three approaches, each underpinning a balance of risk and reward and timing of returns and revenue generation. We will:
Undertake technology licensing agreements centred on our IP and provide fee-for-service work to third parties producing their proprietary products, providing Nuformix with short-term revenue streams.
Apply Nuformix’s IP to produce our own proprietary product opportunities for short-term development and out-licensing, providing potentially larger, medium-term revenue streams.
Evaluate co-development opportunities, with third parties, of generic products where Nuformix’s IP provides renewed patent protection, allowing access to more rapid development to market and risk-share appropriate for Nuformix.
FX, for me the plan was set out last year, any new plan will be pretty much identical to that, so I don't see the sp benefiting much from any announcement of such.
Anne should be there to execute the plan. The company cannot afford to start afresh.
*can't
It can hurt to have an Anne with a plan
Volume since AC last announce on Monday the other week was quite low, about 18m traded since then including buys. So around 9m sold (as we are told every sell is a buy). Given these won't all be AC/DT probably still over 40m left combined.
Hence Anne can't really affect the sp at the moment. Certainly not without material news. A plan won't be sufficient.
As I said yesterday, now is time to ignore the share price more than ever. The more news comes out and the more the company is derisked, the more games are played.
GL
Well I just took another 100k didn’t expect to see this price.
Take away what has been sold over the last few weeks also
Including CPI it's the higher figure
Is the total shares held by our known sellers 45 million or 85 million if we include cpi?
I thought the news yesterday was outstanding the bottom line is NXP002 could effectively be given with every dose of treatment of pirfenidone or nintedanib. At least trading activity has picked up and there are buyers to feed the sells, more activity required which will happen as the news flow picks up.
"Maybe I’m wrong by the seller then could it be fs?"
Who is FS?