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wildbunch - I'm neither deramping nor playing trading games. I've a holding here, but won't be adding whatever the price, given the Tims' propensity to overpromise with misleading statements, then under-deliver. If the price rises, I'll be as happy as the next man, as I might even make a profit. Or at least get my money back. But I'm not holding my breath.
Cauldwell-Happy for Loads and others to deramp and/or play their trading games. Allows us to accumulate at rockbottom prices-I have purchased 400k shares at average of less than 3p. This provides some insurance against dilution. If one of the Phase2/3 trials commence then share price will be a significant multiple of where it is now-if both then reward could be excellent. Liked your analysis-based on fact.
CauldStream7 - I agree the last 3 RNSs seem largely factual. But many of Tim McC’s previous “predictions” proved way off. I imagine you already know the sort of things I’m referring to, but if you need examples just let me know.
llofl: Let's look at the content of the last 3 RNS announcements. They state quite simply the steps being taken with the FDA to obtain approval for the protocols for the final Phase 2/3 trials of P140 adapted for Lupus and CIDP respectively. They signal progress not promises. I fail to see anything other than statements of facts from which I derive encouragement that these Trials will begin in H2 2023. Nothing misleading there.
CauldStream7 - fair enough, but broader sentiment in IMM is still very much driven by investors' regard for the Tim Twins. And that is on the floor, following countless false dawns, empty promises & misleading (IMHO) statements to shareholders .
How could the retreat of the SP have anything to do with either Tim?
Even a shallow understanding of where we are with Lupuzor and P140 should make it clear that the Tims have little to do with the submission of the protocols for these drugs entering into Phase 2/3 trials. In the case of Lupuzor, it is Avion and its scientists, aided by IMM scientists, who have prepared the protocols for testing the drug. If the Type C meeting on 7 JUne with the FDA does not lead to agreement with the latter, it will be Avion that will be at fault, not IMM or Tim McC.
Likewise with CIDP, the preparations for the meeting with the FDA on 16 May have been in the hands of Immupharma Biotech in France, not Tim in London.
What we are seeing is short term traders/speculators trying to make money out of small price movements. Some will succeed, others will lose, in equal numbers. What is clear is that they are NOT interested in the science behind IMM/Avion's design of Lupuzor trial protocols.
I wouldn't try to join in their games; I would be a minnow amongst sharks!
Hardly surprising given Tim's track record.
looks like this wants to go back to 2p. Mr market doesn't believe Tim will deliver
Glad the rumours proved to be incorrect, but 7th June is a long way off, if it drops back to the 2p level I will probably average down, roses fast but also falls fast when volumes are low like now
The spread is confusing. Combined with the volatility. But prior to the CIPD RNS I was buying at 2p. Now I'm cautiously adding at just under 3p. But the warrants aren't pretty - and I'm not smart enough to predict any possible (and perhaps complex) funding options - can only wait and see.
The bid price ISN'T over 3p. It closed at 2.76p, due to the continued huge spread.
thanks for that CS'' and thats what i was on about how quick the news is coming
anyway another good close considering'' and still over significant 3
Regards
I suppose the investors are waiting for the big / main result later this summer. With all those positive RNS lately, l hopes the SP will bounce to 7 - 10p... but it seems that isn't going to happen any time soon.
GSK has just snapped up Bellos in USA for $2,000,000,000 and as far as I can see all it has is a drug for cough not yet approved by FDA!!!! I would put our cap value at a bit less than that but it just shows how undervalued we are right now.
draye: There was news of CIDP on 12 April, namely that a meeting with the FDA has been arranged to discuss the upcoming trial of P140 to treat CIDP.
@maidit. It hasn't taken a week. Don't confuse the P140 platform aimed at Lupus to that aimed at CIPD. We are still waiting on the news for the CIPD. However, I agree momentum is building. I also think the CIPD process meetings will be quicker, by now Imm would have learnt from previous submissions
Date Source Headline
19th Apr 2023 7:00 am RNS Lupozor Update - FDA confirms Type-C meeting date
12th Apr 2023 7:00 am RNS CIDP P140 Clinical Program Update
27th Mar 2023 7:00 am RNS Lupuzor™ Update
9th Mar 2023 4:35 pm RNS Price Monitoring Extension
6th Mar 2023 7:00 am RNS Collaboration with Orano on ImmuPharma Peptide
the FDA must hold IMM in high regards, as it only took 1 week to get back to us with a date
that's a record
and if the BOD could keep up this regular news we are experiencing ATM
with that Aveon European drugs sale partnership news next, and generally
keep it going with other tie up until the type C meeting in June, SP growth in the next 2 month
could surprise us all IMO
but it was significant that we go to keep our head above 3p at closed today,
a nice base to build on as the days go by
GLA
The latest 3 RNS annoucements from IMM all point in one direction. Progress towards Phase 2/3 Trials for 2 applications of the P140 peptide platform. I refer to Lupuzor for Lupus and another formulation of P140 for CIDP.
You would think that anyone who takes an interest in the science behind IMM's new drug candidates would either buy shares at the present lows, or at the very least, delay selling until it becomes clear that BOTH drug candidates were likely to fail.
But no. There is little let up in the number of sellers who are more or less in balance with buyers.
I think the answer must lie in that there are two types of buyer and seller for IMM's shares. The first type, are those who believe in the excellence in the science behind IMM, namely the discoveries of senior researchers at France's leading pharma research centre which has given the franchise rights to IMM to commercialise them
Then there is the second type of buyer/seller who regards IMM shares as a commodity to be bought and sold on a daily basis, just as one would trade commodities like copper and rubber. These traders regard IMM as one of several commodities/shares which they can trade, making their profits on often small differences between the prices they have bought and sold at. It is fair game for them to spread any rumour and lie to either depress or improve sentiment about whatever they are dealing in in order to improve their trading profits.
In the short term these trading effects on the IMM sp can hurt the company because it impacts for example on how much they receive from Lanstead but in the long term, if IMM has got its science right, it will prosper.
Having held IMM's shares for many years, that's what I believe. It's also what I want to believe: 2 of my children suffer from autoimmune diseases, in one case severely so.
oscar22 - of course there's potential. And it may still materialise. But to date, under the two Tims' "stewardship", it's proved utterly elusive. As for saying Tim McCarthy has "demonstrated a strategic approach to drug development". Well, really! The only thing Tim McC has demonstrated to date is rank ineptitude. Oh, and an ability to line his own pockets, whilst trashing value in the very company he's meant to be running. Nice work if you can get it.
Pokerchips,
You are right , but dilution at 2p or 5p is not the same as 10p-15p as we have seen
Halfbutt bought back at 3.44 after selling at 1.9 ..no matter what you say share price won't go higher than 3.44 until halfbut sells again ... I'm actually in control of the price...for yrs
As a long-term investor, I am sharing my perspective on ImmuPharma's today's RNS announcement and ongoing progress.
1. Proactive and timely FDA engagement with solid regulatory progress: ImmuPharma's ability to secure a Type-C meeting date with the FDA for Lupuzor™ in lupus on 7th June 2023 and a pre-IND meeting date for P140 in CIDP demonstrates the company's strategic approach to regulatory engagement. Active collaboration with regulatory bodies is crucial for efficient drug development, addressing potential concerns early on, minimizing delays, and reducing risks. Timely FDA engagement and effective navigation of the complex regulatory environment foster a faster drug development process and enhance investor confidence in the company's potential for success. The momentum building in ImmuPharma's P140 franchise signifies the company's forward progress and dedication to advancing its drug development programs. This proactive and strategic approach to regulatory engagement, combined with the company's ability to make solid regulatory progress, represents a strong argument in favor of ImmuPharma's innovative drug development programs and the company's future growth potential.
2. Strategic partnership with Avion Pharmaceuticals: ImmuPharma's collaboration with Avion Pharmaceuticals brings together the expertise of both organizations, maximizing resources and increasing the likelihood of successful clinical outcomes. ImmuPharma's CEO, Tim McCarthy, has demonstrated a strategic approach to drug development, and this partnership with Avion is a testament to the company's commitment to leveraging external expertise to develop innovative therapies.
3. Adaptive clinical trial design: The Phase 2/3 adaptive study design for Lupuzor™ is an innovative approach that showcases ImmuPharma's commitment to efficiency in its clinical development process. This design accelerates timelines, reduces costs, and allows for earlier trial termination if efficacy is demonstrated, increasing the likelihood of a successful outcome.
4. Robust pipeline with P140 platform: ImmuPharma's P140 platform has shown potential in both lupus and CIDP, highlighting the company's ability to diversify and expand its pipeline. The broad potential of P140 in treating various autoimmune and inflammatory conditions underscores ImmuPharma's strong value proposition.
5. Targeting unmet medical needs: Lupus and CIDP represent diseases with high unmet medical needs. ImmuPharma's focus on these areas positions the company to address significant market gaps and capture substantial market share.
6. Future growth potential: The unique mechanism of action of P140 has been linked to other diseases, suggesting that the platform could be expanded further to treat additional conditions. This potential for future growth offers long-term investment opportunities and value creation.
NOTE: This analysis is not investment advice but merely reflects my personal opinion based on the avail
Nolupus
Dilution isnt always a bad thing....in the sense that...it can be better to have a smaller % ownership of a more successful company....than a larger % ownership of a less successful one..
It is what any fund raise cash achieves that really matters ..not the fact that funds are raised
Certainly believe 60p is possible and we may get taken out long before then. GL to you and other long term holders
with all the (possible) tranfomational news to come in the next few weeks, if this drops just buy more and wait - but I certainly will not be selling at these levels - and you never know a cheeky bid may come in for the Co. - I mean why wait until the FDA gives the go-ahead.
GLA SR