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Well its come down to the NAS close around 215p
Hopefully a floor at this level.
RSI around 61 so the PA is well out of the OB area.
JH - I expect the US reaction will be ecstatic at this news! Those seeking to try and put a negative edge on his news have demonstrated they don’t understand it or bio medicine! This is fantastic news - that no-one with an ounce of brain cells can deny. Nugget munchers will make fools of themselves on here today and MM’s will try and fleece nervous nellies before news circulation goes wider out to press etc - that’s my prediction!
IMHO DYOR GLA
US tends to lag. Would expect SP to recover today and NYSE to follow suit later.
Yet another great RNS, however AIM will be driven by the US reaction.
I expect the SP to trade closer to the US close.
do like the way the bod always have a good news rns after the sp takes a tumble though their new flow is excellent and well managed - gives you confidence its always heading in one way
Roll on lunch time for our friends across the pond when they come to play
Mana , it's important not to be out like you said the other day "sit in "
3 x 250 Bid
1 x 240 Ask
... as a starter for the day.
Although the timescales seem like a long way off, as I said earlier, early 2021 is lightning speed in the Biotech world. It's also worth noting that the EMA and the FDA have specific accelerated programs and priority review processes for Covid-19 targetted therapies, so the usual 5 - 10 years from bench to market do not apply with Covid.
Thanks, that helpful. I need to put more in to get what I want then
"Any idea what it will open at"
Wait 17 minutes
Morning all. Have been reading and learning a lot on this board having come across Tiziana and investing a couple of times over (550, avg 172.51) since it got some play on Proactive Investor a few weeks back. This RNS just blew my hopes of adding a few hundred more and keeping avg below £2 but it's great news for us all save the shorters! ??
Any idea what it will open at? Trying to ready my Trading212 account for the onslaught & not get shut out
Help appreciated
Manabout who gives a 4X about RobinHood traders and Bedwetters. Yourself and a few others clearly dont understand the work involved with Clinical trials. Especially the pre trial work involved.
jack agree the stem split will have taken place by then, and the Tils sp should still be at a good level with all thats happening in Q1, Q2,Q3 and who knows what else the BOD have in store.
2021 will come in quick enough. No idea what happened to April and May, June ...2020. This year is flying in. LTH.
At the risk of being in the middle the time frames for development are relatively quick. However, the tone until now has been that we are already there - the biotech investors know the score but difficult for others to watch other drugs making an impact (and revenue) now whilst disease is at bits peak.
That said the anti CD3 is more advanced and the acceleration on IL6 product will bring the original planned revenue dates forward even without covid.
So good news but patience required - I'm not relying on robin hood since that would me joining them. Look at seven day moving average of share price is more relaxing.
GLA
Guess folk see 2021 as a long way off by which time the share may be a multiple or two from where it is now and folk will be saying "glad I got in early in August 2020" !!!
Does anyone actually know the time frame to bring our drugs and our methods of delivery to clinical human trial. The board will be going (due to covid19) at an aggressive pace as they have stated in a previous RNS. I really would like to hear from any posters with worries re the time it takes ..what they would do to speed up the process.
Clearly a few here don’t know the bio industry terms for quick and accelerated!
Please do some research!
This is extremely quick within the Pharma Industry! Hence the huge fund raise! Fully funded and putting it to good uses, they are wasting no time. The major investors who took part in the fund raising will know what’s happening to stump up that amount of funds.
sorry i mean to say the share price will be £10 ffs its ok to question things you know. q1 seems a long way for clinical trials to me as thats just the start of the journey and many more treatments are far more advanced. maybe they will all fail and ours will be best but its august I would have thought they could do it quicker than next year.
robert they are conduct inhalation safety toxicity study in monkeys, before they initiate a human clinical trial in COVID-19 patients, they are going to work with four contract research organizations, even happier to be invested in Tils, global research companies they BOD have played a blinder
And Robortsmith wins the award for the most senseless post so far today.
"good looking rns but shame they have to wait for q1 2021 cant they do it any quicker?"
Any seasoned Biotech Investor will understand that Q1 2021 is effectively tomorrow as far as the Biotech world is concerned..... This is very quick
Try not to be an idiot Jambo123
SP Looking good for £5 today!