Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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yeh but now there is no need for fund raise/dilution anymore, the new partner wants results
This share was gone up in 2016 around 61p and fell very badly
I hope it wont repeat the same thing again
its very volatile
unless if some real good news come across
finger cross
They’re was no trick...clear as water in the RNS - unless you don’t know how to read lol
Did they get 17 million up front in that other deal
Out come the de-rampers to get a trade....
It may drop further. I think $360 million in RNS tricked many to buy. Its just eligibilty to recieve based on many factors.
"Redx is eligible to receive up to a further $360 million from AstraZeneca in development, regulatory and commercial milestone payments throughout the course of the programme should it successfully reach these milestones"
In fact, RedX has similar agreement with other company in the past. I don't remember the company name and the amount. It was substantial one. Inspite of that, it was at 6-7p range.
MMs still fishing for cheap shares by dropping on midget sells....with the hugh AstraZeneca deal in the bag this is now extremely cheap.
Actually you're paying what the MM'S opened it up at after the RNS.
Clearly they thought it was worth that..
Yep..hitting resistance now, should see a bounce soon.
When something rises 200% there has to be a pullback before pushing again.
It's liquidity issue could create a sweet opening.
As soon as it hits 50 it bounces.
How much more is expected to drop?
Many folks paid into the 80's and 90's for this a few days ago.
Nothing's changed.
AZ are doing all the leg work here, it's a great deal. Up front, development costs and royalties to boot. Good time time to pick up shares half price now, if you ask me.
Ffs. It’s still in Trial. Terns used “ $360m payments IF SUCCESSFUL “
You guys have got carried away because of covid stocks.
I wish you the best but don’t be shocked if this drifts lower over the next few weeks