The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Its potential ability as an Alzheimer's treatment is not new. It was revealed last year I think.
My guess would be dec balance + raise - cash burn since jan.
Is point 5. The potential to be able to treat Alzheimer’s new info as I don’t remember reading.
It's such a shame that companies like this aren't supported by the government.Especially when you consider the billions spunked out on covid.Imagine if you spend billions on research instead of the appalling waste of public money by an inept corrupt government
Ok"what is the cash position now?
An excellent update on the science from Hemo today. i.e. HEMO-CAR-T progressing well as we all know and expect with the commencement via injection in the coming months but the real eye opener is the progress being made by Hemo's CBR. This also looks very promising:
1. Testing the efficacy of CBR-COVID19 against live infectious replicating SARS-CoV-2 virus in a major Biosafety Level 3 facility.
2. CBR can also be adapted to target several solid tumours such as epithelial ovarian cancer.
3. NHL is the eleventh most common cancer in humans, with a poor rate of recovery and cure from present treatments. There are currently an estimated 540,000 new cases diagnosed globally with an estimated 260,000 deaths per year.
4. CBRs can be adapted to target several solid tumours such as epithelial ovarian cancer.
5. Evidence that a CBR-based approach may also potentially be effective against certain neurodegenerative diseases, some of which are currently very difficult or impossible to treat, including possibly Alzheimer's disease.
6. Hemo briefing that CBR could potentially find and destroy brain cancer cells.
In summary, there's big news developing on the CBR front as well as with HEMO-CAR-T. The potential value of this small company is increasing by the day.
I remeber being shot down by JHFH for suggesting the cash burn was approx £550k per month well guess what it was. Lets hope as they only raised just over 3mil in feb and had 1.2mil end dec they have reduced these costs significantly though not sure how they can have.
How much did it cost to put it through FDA (a breakdown would have been helpful.
Words from the chairman
It is not too much to say that CBR, which we always considered to have great potential, can now be seen as possibly revolutionary, now that its widespread probable applicability to difficult or presently untreatable conditions is being established in multiple preclinical studies.
If that does not give you hope that Hemo are onto something substantial then nothing will!
'Encouraging update'
I bet over the coming weeks there will be rubbish pump rns' to help stop the drift. But no one will believe in them.
@pumpky - that was the cash position at the end of December.
I thought the rns was good,lots of information,trials ongoing for fda approval,patented technology is important for the next 20yrs if this takes off big time.
RNS LOSS of £6 million £1.23 million cash left :
Hikki ... Those are my views on the pump and dump and I appreciate not many others. I have been here a long time and honestly not a single expectation has been met. Yes FDA did approve CART but after a delay of 18 months and multiple placing costings trust in the investor base and massive dilution
Anyone investing now has a clear 12 month runway to make lots of money but what I don't understand is if the potential is so good with CART and CBR, why is this languishing at 1.6p after a placing at 2p. Whatever people say, if trust was there this would be back at 3p by now but it is not. As can be seen from no trial news, nothing in terms of dates is correct with vlad and so people are now just waiting to see if any news comes and then with 1.4bn shares in issue, it is easy to get back in slowly. This was the most hyped company years now and is now the most deflated.
Many of us wanted to derisk at CART and yes missed the boat at even 3p. Now we are all taking a massive gamble that trials start and the news is positive ... we probably have to wait till Q3 or Q4 for a rerate and so you are right, just need to put this in the drawer and come back in a few months and see. It is very likely since even the daily mail advert and the new website has had zero effect, this will still be around 1.6p then. Good luck
Well done Hikki - I cant read most of this tripe. Looking forward to the next update!
HT if you do not regret still holding hemo then you are stupid. As am I. I regret not selling when it went to 6p. OK I probably couldn't have offloaded all as it was dropping like a stone. Bit probably could have got rid of all North of 5p. I am stupid. So are you.
Just had a very quick read of today’s comments, complete waste of 5 minutes with the exception of a couple of posts.
Never really been a fan of filtering but probably will have to review that position as the board is currently flooded with idiots.
For those looking to get out, for your own sake - please take a break and come back in a few months rather than moaning on here all day.
You had chance to leave after the hold was lifted, you didn’t, so shut up and deal with it then leave the next time the price rises.
Not everyone that’s left here bought on a failed pump or spike as you claim Mr India.
Some of us just value the companies long term potential value way above 6p.
We can all be disappointed in the current SP, but not all of us have to come on here throwing our toys out the pram every five mins. Honestly, this sector is really not for you.
Perhaps coordinating attendance at this event in London with the board meeting and approval of year end report
https://informaconnect.com/lsx-world-congress/
in any case, looking forward to a more comprehensive update on progress - several CBRs are ready for next stage testing.
You really don't have a sense of humour...
So you sold 2 years ago. Then wtf are you doing posting on this share.....trolling obviously..gee get a life saddo.
Yes I've said that before. Thing is I got out after mint and made my losses back elsewhere, much quicker than had I waited for hemo. So I don't regret that. I learned a very valuable lesson too. Vlad makes hemo totally uninvestable from a long term perspective.
Ssccss...it's obvious you used t hol HEMO,made a loss and sold up, and now don't want it t succeed....be a man and own up to that..
I don't regret holding HEMO...
Yes this this no in the AIM sector how many times has this been stated? HEMOGENYX is in the Medicine and Biotech Sector. Investing in AIM is a total gamble for short term Investing.
Yes medicine and bio stocks take time to mature and at 6p per share a few months back we could of sold.
But with the science expected HEMOGENYX to go beyond that. I'm at a 25% loss on a 1m plus shares and just want out. Agreed nothing on this blog will change anything regards the SP. As MrI stated is free speech and we can express our thoughts and feelings
Syn is not a dog share. It's a very predicatable way to make money. You should try it. I don't hold bce... Posting doesn't mean I hold. So it appears you aren't good at making judgements. Obvious really.
Your comprehension skills are lacking. You are always so easily riled. So obvious you regret holding hemo. You would pick a fight with a paper bag.