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great to be onboard here.. traded my way out of a lot of holes in mtph but am getting more and ore tired of it and having watched this for a while feel now might be the time to get involved here..
certainly hoping for an easier ride here than there, but if I have to weasel my way here too then so be it..
started buying in yesterday and added today , will add more as we go, hopefully..
Good luck to all fellow holders here !
yes that got very busy all of a sudden
Through the roof!
FDA news leaked?
GL.
A bit of a rise on the Nasdaq to close at 1.82 (+14%). Perhaps the new investor will buy some additional shares on the open market to help clear some of the Sellers?
If only they’d had the brains to match investor with seller, then they could have raised at double the current SP 2 months down the road imho ffs
I presume the use of the word investor means they will be holding onto these shares and not dumped straight to market?
At least they have plenty of cash to work with.Just need a positive outcome of the meeting with the FDA.
GL.
Surely, not priced in...
"Additionally, Mereo will be eligible to receive up to $300 million in future clinical, regulatory and commercial milestones, tiered royalties ranging from the mid-single-digit to sub-teen percentages on global annual net sales of navicixizumab, as well as a negotiated percentage of sublicensing revenues from certain sublicensees."
Meeting gets closer each day.
Funding box ticked with Novartis building or at least maintaining their stake.
Fly on news?
GL.
US should push this up IMO
Novartis lend them $5m on good terms.
Company has access to non-diluting funds from Aspire, up to $28m
Future raises that dilute shareholders can be ruled out.
Gets setrusumab to market
Partnership with leading pharma
RNS out
bought today to recover my heavy loss here, I think this is the bottom price, let's see what news comes out from the company, if good news the share price can do 100% or over in one day.
You will get some "action" on or before the 13th.
Of course imo.
Bullet bitten yesterday, nursing a heavy loss.
GL to everyone sticking it out.
to bite the bullet or not?
Surprised there isn’t more interest here this morning given the rise on NASDAQ.
LSE
MPH 29p +3p +11.5%
On the Nasdag currently doing very well and on intraday uptrend
MPHO 1.75 v 1.79 +0.2877 +019.2%
and how it performs on the Nasdag
$1.70 ( 1.66 v 1.73 ) +0.2 13.3%
intraday chart
https://uk.advfn.com/p.php?pid=staticchart&s=N%5EMREO&t=1&p=0&dm=0&vol=0&width=405&height=187&min_pre=330&min_after=240
What the price monitoring extension means ...
Looks like a pump and dump
US pre-market up 13% now
Wolfofsomewhere it's in a high cash burn sector , so they need the funding. But on the plus side a lot of money has gone into this at a far higher SP the problem here has been Woodford and now Invesco selling down at any price. We only need some big money US backers , the results have all been good IMO
Thats exactly my point, they didnt know about the $4 million in june 2019. So that statement no longer applies!!
Up 5% on nasdaq only.
Wolfofsomewhere interim June 30th 2019