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That's not the point.
Finance is out of way, that a good thing.
It's a lot cheaper to do trails in Australia than corrupt UK.
As soon as Hemo rocket, I'm putting my profits in here.
Well done management...
It was also good to see the Board showing a further commitment of personal funds, as well as the caveat that the funds must be used specifically against research in Australia. Clarissa clearly said in recent interviews that Australia was at the forefront of CBD and THC research, plus by taking products to Aus, means the company opens themselves up to a new population of investors. It wouldn’t surprise me if applications to further stock exchanges were made in the regions where research is being performed so well done those who got in super cheap to the party.
Its actually a really big sign of confidence that a multi billion dollar global company such as Cantheon Capital, who only invests in biotech firms with short term catalysts, is investing in OCTP
Read the RNS...
...or listen to the CEO
this facility is more for headroom. An ICON facility. Saves OCTP issuing an expensive prospectus (Maybe £200-300k)
https://total-market-solutions.com/2024/01/oxford-cannabinoid-technologies-holdings-plc-jan-2024/
Looks like the bottom is in
I cannot be sure about this but I think that last night my neighbour was trying to unlock the therapeutic potential of cannabinoids. 🤯
Nice interview. Become a bit of a no brainer around 0.5s
“This Cornerstone signals a powerful endorsement of the progress @OxCanTech is making“
This Cornerstone signals a powerful endorsement of the progress Oxford Cannabinoid Technologies is making
“…Our mission is to unlock the therapeutic potential of cannabinoids and we are some way down that path…”
Whole article plus interview : https://total-market-solutions.com/2024/01/oxford-cannabinoid-technologies-holdings-plc-jan-2024/
Interview Only : https://youtu.be/hFZGXkKnM_g
Will most likely go beneath placing price before it bounces
I also started buying back in and will continue to do so
.58 is just getting absolutely battered. Very few sells. MMs will need to move this up over the coming hours/days. .80 would start to look like fair value with the fundraise/tax rebate/pipeline.
Small top-up coming from me
Agree, it raise money and have some tax credit for them to go ahead with trial so, it is bottom now...any add will get multiply once trial approve
Dropped from 1.6p back to 0.5p all time lows
The tax credits are huge given their Mcap. The placing is quite small and ultimatley there are some huge catalysts ahead with the clinical trials program
I suspect it will have a very nice run from this area and will get chased at somepoint soon
0.5p fundraise, but not a massive amount of dilution... The R+D tax credit almost pays for the dilution!
0.55 is far far too cheap and will not last long
Apart from the capitol reorganisation.
They have achevie more here than Sareum has in its life time.
I will definitely buy more here, in the next couple of months.
We have some decent results with fantastic progress.
£1.275m in tax credits whiuch is a huge bonus
And they have raised money at 0.5p which at least should mark the bottom at all time lows ahead of commencement of clinical trials
Results & presentation tomorrow
Alot of trades today, something up.
It's about time we got some news, been awfully quiet here 😔
Https://www.londonstockexchange.com/news-article/OCTP/patent-applications/16282243
Like HEMO need some well overdue positive news
Very nice read up 👍
Even Hemo on there, which I've got 🤗
Could be a great year for boths
Https://total-market-solutions.com/2023/12/10-companies-to-follow-in-2024/
Not much time for plenty of news before Christmas. Maybe tomorrow?