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Must be tiny. For the last 2 weeks I've noticed the price jump up and down on tiny volume, one minute somebody is getting fleeced selling below the bid then the next day it's premiums being paid. Today at 3.5p offer they charge 3.6p for 60k and it's NT yet they dropped it yesterday making it out to look all terrible which I know to be bull. If this dropped positive news there is no seller or overhang to stop it, it would just take off. Could get over 4p today on any little demand as it's NT now to buy
Dear Winkleberry, what will it take to make you believe that someone/thing is very keen to have more of these? But they are patient and want to accumulate at the best price. Fear of failure gives them that opportunity.
Don't take it personally.
Share holders get another kick in the teeth.
Https://www.theguardian.com/science/2024/jan/31/gene-therapy-hailed-as-medical-magic-wand-for-hereditary-swelling-disorder
Note that CRISPR needs a delivery system...
Presumably the company could run out of cash, be taken private by the directors, and then sold on. So yes, a deal could be done at the lowest possible share price. But not in the interests of the current shareholders!
If a deal gets done, presumably it will be at the lowest possible share price, i.e. as close to the deadline as possible. Is my thinking on this correct?
So yesterday people were selling way below the bid and today somebody buys 120k and pays a big premium, they are taking the mick with this stock, any interest and this will spike to 5p again. There is not that much stock to play with
Heading for another low. The thing is it will be exceptionally hard for anybody to believe in Rene, rumours and bulls t no positive news nearly 10% down in one day, how long can this company carry on!
As usual, the buy/sell indicators with this one are IMO way off-beam. Not sure how they do it but I am sure the brokers do it. So I wouldn't be at all surprised to see an increase by end of day as I still feel someone/thing is accumulating here, with a lot of patience. On the other hand I wouldn't be surprised to see the price fall by the end of the day.... c'est la vie.
OK the 25k trade 4.05p is my buy. Yes I know it’s a pure binary punt. £1k which I can write off if necessary but the upside (if it were to happen) fwiw is worth the risk imo.
I know the bear points - ie.administration quite possible
The bull points:
Iain Ross - track record in industry redx Pharma etc
Biotech sector showing signs of life?
So much R&D here - all goes to waste?
Praised by unnamed Pharma industry partner
Exosome sector due to grow substantially in coming decade with lots more R&D
We’ll see. I won’t have long to wait
They will need more than these latest statements to make anybody believe, to much red tape surrounds Rene this company is full of broken promises.
Https://www.labonline.com.au/content/life-scientist/news/exosome-based-drug-delivery-system-for-alzheimer-s-treatment-992686206
“Our study suggests that exosomes could be a promising new way to deliver drugs to the brain and treat AD,” said Professor Li Min, Associate Dean (Teaching and Learning) of Chinese Medicine at HKBU. “More research is needed, but this study provides hope that a cure for AD may be possible in the future."
Https://www.nature.com/articles/s41392-023-01704-0
"Exosomes derived from stem cells (e.g., embryonic, induced pluripotent, hematopoietic, mesenchymal, neural, and endothelial stem cells) are capable of treating numerous diseases encountered in orthopedic surgery, neurosurgery, plastic surgery, general surgery, cardiothoracic surgery, urology, head and neck surgery, ophthalmology, and obstetrics and gynecology."
... of last week's frenzy? Someone much bigger wants this and it leaked. Everyone in on the leak rushed in to get their share until they were satisfied, knowing approximately what the outcome would be. No further insiders in the know so buying stopped and now they wait. I'm hoping not for long. Fanciful, yes, but we've seen everything over the last few years...
Https://finance.yahoo.com/news/exosomes-market-revenue-hit-usd-103000752.html
Probably a stupid question but any idea on why we are seeing so many tiny trades at the moment?
Yeah it's worth the effort, quality bird!
Picathartes .... never seen it, but I would love to!
We still don't know the full uses of Exosomes, it's still early days but the potential is enormous. With the amazing ability to pass the Blood Brain barrier being an obvious one that could be very useful in treating a myriad of Brain disorders. Parkinsons and Alzheimers being the obvious ones.
Evidence now emerging around the rejuvination abilities of Exosomes
https://www.nature.com/articles/s41598-023-39370-5
RENE & TRLS both moved hard last week off cash positions. A company with considerably greater cash position vs market cap is OVB.
OVB is cash position is circa 3x greater. Worth highlighting and doing some research.
Great from RENE, I’m sure it will continue!
Either way this is the most activity in what seems like years!
I disagree, 4 weeks is long enough to raise capital, they could have been working on this in the background. But unless they have some commercial deal lined up, it's unlikely to succeed.
This is as likely to go into administration as it is to continue, if not more likely. Place your bets
In fact; 'The Directors recognise that not all of these assumed inflows are fully within the control of the Group and Company and have prepared a further plausible but downside scenario which excludes these inflows and indicates a cash runway until February 2024.'
Considering there have been minimal cash inflows, the above scenario is therefore likely and only 4 weeks away. 4 weeks is not long enough to raise sufficient capital to continue operating through issuance of new stock, therefore one might be lead to believe a deal is close.
Yes, correct FiveCandles, they tried to raise last year and didn't get enough interest. This looks like last chance saloon for them................so people should be aware and not blindly follow others into here. It's a massive risk