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What company is being taken over, This is a shell. The best that can happen is Iclaprim will be sold but nobody seems to be interested in buying it.
Good afternoon Sharedealer. Ok, that RNS does not justify the rise. ( notes the recent appreciation in the Company's share price and confirms that it is not aware of any material basis for the increase.) I note your opinion and I would very much like it if you were right. But because this is nothing more than a cash shell I and there is no news. I strongly believe that this is a P & D and some clever investors will have done well out of this.
Lawson after watching this share for over 6 months I can assure you this has never moved with such a large number in the last few months 20% or there yes, but not the way it did Thursday. That was not a pump and dump....there has been an RNS please read! They are saying the can not give assurances.....they are also not saying ‘there is nothing happening to justify the rise’, therefore with a huge rise and not saying yes or no....it is my belief this will carry on flying....
Just my opinion DYOR!
Why will this be up over 50, there is nothing driving this, no news, no RNS, Why do you think this will rise any more. This is a classic pump and dump and it will fall accordingly . Not emotion just being realistic.
Wonder how many got sucked into buying this, this morning.
Will be back over 0.50p shortly and then upwards from there.....
Read the RNS again people......not saying there is or isn’t a buyer......but the SP shot up unexpectedly Thursday....interesting......as someone who has been in this share a while.....we have not seen such a shift without something happening in the background....just saying....
DYOR research but happily still holding....
The whole stock market is a bent casino, love it!
This stock is worse than a casino, people are certifiable buying this.
Constantly going to NT to buy?
i agree 100% in it to win it
Not understanding the drop....there was nothing bad in the RNS, all they said was ‘At present, no assurances can be provided that the effort will be successful to source and/or complete a reverse takeover transaction.’ they are not confirming or denying! Therefore why was there such an increase that took even the old share holders by surprise last Thursday......no smoke without fire. Am happy I am holding and will continue to do so!
after a P and D, punters sucked in some already down 60%, no one knows why this went up !, unbelievable AIM
"Why did it take them so long to get an RNS out?" To manipulate us punters. And I doubt it has ended yet.
Why did it take them so long to get an RNS out?
It was looking good last week given that no RNS was forthcoming. Slightly odd behaviour. Weirdly the drop seems to have stopped a little above .20
'ceased all operations' but will spend £250k in within the next month - WHO IS STILL TAKING A HUGE SALARY FOR THIS SHAREHOLDER MASSACRE?!?!?!?!?
From RNS:
"As announced on 28 January 2020 and 18 March 2020 Motif BioSciences Inc.
("Motif Inc"), the company's wholly owned subsidiary, ceased all operations
and engaged Tamarack Associates to facilitate the sale of iclaprim and other
assets of Motif Inc. It remains the case that in spite of a comprehensive
outreach programme, no transaction is currently pending for the sale of Motif
Inc.'s assets ..."so they still own everything imo.
What was the reason for the rise, the comments regarding pump and dump are very much correct.
Just read the RNS and finally got my answers. Should have looked earlier and it would have saved me composing my last post. Unfortunately the RNS wasn't advertised on my web page and I only realised when I started reading the most recent posts.
GLA
Ah what a surprise.. Rampers disappeared.
Krautyankee totally agree with your post. Have been undecided whether to reinvest in MTFB and posted yesterday (13th April 11:49) requesting advice/help in answering certain questions. Unfortunately, none has been forthcoming, therefore, I can only surmise that there are no positive answers.
Another question, why hasn’t MTFB etc, jumped on the bandwagon and constructively manipulated their relationship/collaboration with ‘Lamellar Biomedical’. This is a great opportunity for them and if they did, the share price would soar. One might ask, does the collaboration continue to exist!
Moneymunch (today 10:13) states ‘it also in preclinical trials since October with the US Army WRAIR’. If he had visited:- https://adisinsight.springer.com/drugs/800018080 (Most Recent Events Section) he would, have seen the following;
31 Oct 2019 Motif Bio entered into research agreement with Walter Reed Army Institute of Research to conduct preclinical testing
08 Nov 2019 Motif Bio plans a preclinical study for wound infection
18 Mar 2020 Motif Bio ceased all its operations and sold its assets
I don’t have a problem with posters having their own opinions and sharing their views. But if they ramp without evidence and investors lose money (although no one makes a person invest) then they must live with their conscience (if they have one).
IMHO it would appear that this is being ‘ramped’ beyond belief without genuine evidence. Please re-read Krautyankee (10:08) post. Research, Research and Research again, don’t get ‘sucked’ in by the few.
Who started this pump and dump? If there were anything going on they would have to say.
Cash dwindling to last until may.
It's got a long way down to go I think.
blimey, what a bumming - hope people didn't buy on the spike. I managed to avoid this
Wow, a pure 200% P&D, on fresh air
Glad I kept my funds in NCYT for the real deal
As predicted, a lot of folks got stabbed on the spike. Some have lost -70% of their cash in 5hrs! Speeding ticket issued just now. MTFB is running out of cash and delisting in a few weeks. Timmberrr...
Speeding ticket!
Damn shame.. over to TEK now