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Thanks Kane\Max
So we could well use CPT 3 but are we trying to get upto category 1 with a new application. Hopefully more info when we get the results.
Thanks
Looking into what the cpt codes are and it could explain why we’re valued so low and revenue wise isn’t where many thought it would be by now. From what I’ve read and assuming from the vague information passed down to us we only have a category 3 code and are trying to get a category 1. So hence the drop in price as many would have thought now we have deals with major imaging players the cash would simply roll in. But the spanner in the works which they have explained vaguely although we are still not sure who what and when we will get it, is the code is needed. Once they receive it then we could see a boost in earnings but it’s just more jam tomorrow unfortunately in my opinion.
Different Types of CPT Codes and Their Significance
CPT codes can be broadly categorized into three types: Category I, Category II, and Category III codes.
Category I codes are the most common and widely used. They describe medical procedures and services that are recognized and performed by healthcare professionals regularly. These codes undergo regular updates and revisions to keep up with advancements in medical technology and practices.
Category II codes are optional additional codes used for performance measurement and quality reporting. They are not used for billing purposes but serve as supplementary information to track and evaluate the quality of healthcare services provided.
Category III codes, also known as temporary codes, are used for emerging technologies, procedures, and services that are still undergoing evaluation. These codes are often used for research and data collection purposes and may eventually be promoted to Category I status if they gain widespread acceptance.
Each category of CPT code serves a specific purpose and contributes to the accuracy and efficiency of medical billing and documentation.
Tyke I can see in my crystal ball more ups and downs. But unfortunately more downs until a clear road map of what they’re looking to achieve but don’t hold your hopes we will see one as that will spoil their game of rinse and repeat. We’re almost halfway through 2024 and we’re none the wiser of what if anything has happened to the extra patients enrolled on the trail at the end of last year.
We know more about what we don’t know than what we do know about what we do know. If that makes sense.
Ok for a bit of fun, we all need some a laugh after the last few months. Do you think upon annual results will cause the share price to:
A) Surge upwards
B) Stay roughly the same level
C) Drop even further towards 1p or below.
To start with a bit of positivity I will say A) surge towards 3p. My reason being is the science of IB technology and the drug trial.
Anybody else have thoughts and reasons. What could possibly go wrong?
Thanks, fingers crossed
Have a good weekend everybody. Hopefully good news next week.
Thanks
Morning, should get results to December 23 next week, not difficult to do, maybe waiting to release with PRD news which appears to be late! All feels a bit flat at the moment, need some positive to get share price moving and restore investor confidence and the shenanigans of early on in the year.
Https://x.com/prismclinactual/status/1783547472410751078?s=46
Seriously though, he ought to be ashamed of himself. He is the CEO of a company, whose products and technology are used to treat seriously ill people.
Surely, the focus should be on development to ensure that everything moves ahead as quickly as possible? Instead, side hustles are set up to enable a small number of people to make money. The World is a sadder place for having people like them in it.
I hope we get a better response to our results compared to Destiny. We seem to have been following a similar trajectory. Hopefully that changes upon good news.
Thanks
Indeed, and he wants the sp to languish for a while so that the placing looks justified. Won’t be down forever and at least the biggest hurdle of sp growth for many years has gone - the CLs
He his a genius, he knows how to shaft pi’s and make good money along with his bent mate Vassey
It’s the only saving grace cos he will want to make money from were we are
See the twitter account has run out of new things to tweet and now started tweeting old stuff. Great pr Trevor you’re an absolute genius!
Max
Day One received rare paediatric drug designation in June 2021, when they were enrolling for phase 2. That could mean we are at least 3 years behind them. However, hopefully the EAP would shorten that. They still appear to need to complete phase 3. An updated timeline from IB would really help investors understand where we currently stand in my opinion. Hopefully not much longer before we get the annual results. Thanks for finding the information. Here is a link to their RPD result:
https://ir.dayonebio.com/news-releases/news-release-details/day-one-receives-fda-rare-pediatric-disease-designation-day101
Thanks once again
Excellent find.
Thanks for highlighting. Very good news for patients. Interesting that the clinical trial was open label. If MCW run a similar trial for Glioblastoma, it would make recruitment potentially easier as all participants would be on drug.
Max
Most interesting I think it was from a phase 2 trial. That would be great if we could do that and fits in with the 2026 deadline.
Watch this space
Thanks
With the approval, Day One received a rare pediatric disease priority review voucher from the FDA
The one trade is a nonsense. I have seen stocks with 20 x 1 trades in a day and numerous other single digit trades.
The small trades or a dump of trades at the same time are usually liquidity trades by the MM or broker to move the SP or to hold it up.
There is some reference to them here in the LSE handbook.
‘Definition: market making incentive schemes that the Exchange is mandated to offer under Article 48(2)(b) of MiFID and Article 1 of Commission Delegated Regulation (EU) 2017/578
Page 58 covers it and also ALGO trades.
https://docs.londonstockexchange.com/sites/default/files/documents/rules-lse.pdf
MiFID2 MM agmt tab...
https://docs.londonstockexchange.com/sites/default/files/documents/20200401%20MIT%20&%20TE%20Parameters%20version%207.2.xls
Usual caveats
Trek
Kane - even if my life depended on it I couldn't come up with a reason we have so many pocket money trades each day ie under £10.........just don't understand why?
Well coincidence or not, within 80 mins of the 1 trade we finally have the share price lifting (albeit slightly) for the 1st time in ages. Might sell 1 share myself tomorrow and see if it goes up again....lol.
Just noticed if you click the information button next to the amount paid in the trade list it say ordinary trade executed as an si
So I googled what that is and from what I found it’s to do with the otc ?
Some say the 1 code (1 share trade) means RNS logged
The mythical 1 trade ,
This company needs a partner. Someone to steer it towards growth and presumably to work out what to do with a Phase 2 trial. Also someone who is not as mercurial as the current BOD who are doing all of our heads in.