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Daily mail money. I can’t seem to send the link for some reason. Worth a look.
Not related to Tiz anyway, just the sector in general.
Biotech's in the doldrums and that's an opportunity, says Ailsa Craig
SP allegedly up 200% in a few days but only to about. 0.90 usd
KS said over 12 months ago that Accustem was nothing to do with him and would answer no questions about it. Maybe he should refund any monies received as he has done nothing for his work.
Denny great find , what did the sp rise to? I had sort of lost interest here but something may be afoot ! Any ideas gratefully received.
I wonder what's behind this? The beginning of the end? Or was that maybe why the SP shot up today?
https://sec.report/Document/0001493152-22-017353/
Google tells me Accustem has risen 199% in the last 5 days. Still only 0.9 USD so don't get too excited.
TILS led the way into the bear market!
Who knows when it could end? I read yesterday that it could be another 14 months going by the average of previous bear markets.
The war in Ukraine is becoming a war of attrition.
I don’t think hitting the $1 month will be a problem with the news due and the buyback facility in place.
The problem is maintaining those gains in this market.
Thanks Lovely. Need to spend a bit of time trawling back through the account and it will no doubt throw up more questions !!
@LeddachJack.
Just checked my HL accounts off the back of your posts. Previously it was showing totally screwed up numbers for ACCU. If I clicked deal or tried to get details it just showed the HL error message ' please contact us we're really sorry blahblahblah....'
TODAY
Mine dropped too, but it's showing a reduced number of shares with a value of 110.43p and a similar and believable (but not healthy) total. Now it shows 'n/a' against gain/loss prevously this was pure garbage.
Trading buttons aren't activated but it looks much more like it could be about to go live.
ALSO the details page is now active with no error messages.
pretty sure this has changed in the last few days.
Hope this helps.
ATB LB
Yeah I did. Trying to find a photo i took previously due to lack of trust!!
Are you sure?
Did you have around 224,000 accustem entitlements previously?
AFAIK it was 2 for every US adr & 1 for every uk share at ex date (so the same basically) and then the consolidation was done a few months back.
I have been buying a few recently as they are tradeable again through HL.
Blind gambling but @ 0.7 or around there is works out around 3p per old accustem share! If I knew I could have bought accustem @ 3p I’m not sure I would have exposed myself as much considering TILS was around £1.80 per share at the ex date.
True, but thought the 20/1 had been done once but appears twice!
Do you still own the same percentage of the company?
FFS, feel more scammed than ever. So a 20/1 cut took my Accustem holding to 11200 or so I thought. Looks like done again as my holding is now down to 570 !! Gobsmacked.
Yes Bluebelly, and +158.88% this evening! That would normally create a frenzy. We live in hope.
Acut - 110% up today (Caveat - at this moment)
It was 45% down yesterday.
A steady climb would be fine!!
BB
'Day One Biopharmaceuticals rallied 126% today after announcing positive initial data from its pivotal FIREFLY-1 trial of Tovorafenib (DAY101) in relapsed pediatric low-grade giloma.' From 22 evaluable patients.
Data show an overall response rate (ORR) of 64% and clinical benefit rate (CBR) of 91% in the first 22 evaluable patients treated with monotherapy tovorafenib
Topline results from the full FIREFLY-1 trial population expected in Q1 2023
Day One plans to initiate a pivotal Phase 3 clinical trial of tovorafenib in front-line pediatric low-grade glioma (pLGG), with first patient dosed expected in Q3 2022
https://www.globenewswire.com/news-release/2022/06/12/2460808/0/en/Day-One-Announces-Positive-Initial-Data-from-Pivotal-FIREFLY-1-Trial-of-Tovorafenib-DAY101-in-Relapsed-Pediatric-Low-Grade-Glioma.html
Accustem is a bit of a dead duck, unless the shares we hold become tradeable (UK holders).
BB
Indeed it is but the current ask is 0.7
I am trying to buy more but can also see that the BID is 0.30 but one of the brokers looking to pick up 59,900 shares at that price.
For some reason the spread has widened but also there is more appetite.
Down 45% just now. !! Say no more.
the big question is, can you SELL them I suppose!
Not sure how long before the wider market realises you can buy this again now.
What is crazy is (correct me if I’m wrong).
If you buy one accustem share now it costs in the region of 75 cents - call it 60p sterling for arguments sake.
For 60p (ish) you get one new accustem share.
Prior to the consolidation, that one share would have been worth 10 US ADR accustem shares or 20 UK accustem shares.
To get accustem entitlements, you had to hold tils share at the Ex date in October 2020
For one accustem share now, you would have had to have held 20 TILS shares at a price of around £1.80 per share (again correct me if I’m wrong).
So for a 60p purchase of accustem now for one share, you would have needed 20 tils shares equivalent at a cost of £1.80 / share so £36.
So if you buy 1000 accustem shares now for a cost of say £600 sterling (not including other fees - dealing etc),
You would have had to have owned £21,600 worth of tils shares at ex-date for something you can now buy for £600..
I know accustem is worthless currently, but can anyone else see the potential value here or discount if indeed accustem does actually come to fruition?