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Why does it show ridiculous pretrade numbers some days? - 5p bid and 7.5p SP :(
For phase 1, this is the main objective.
Using MTX110, we demonstrated the safety and feasibility of repeated drug infusion by CED in DMG patients.
9.30am UK time I think?
Today 10.30 am
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9165222/
$\£ is currently only 1.23 - this would mean 90p is equal to around $5.60 now!
Hopefully a very exciting day Monday . Love to see the shorts close . If that happens. Last time on Q-Sphera results it went to 90p $7.07 .if all good could see a £1 in a flash $10
The market is worth 25 billion i think . I would expect at least over a 100 million On licence signature Plus milestone and royalties.
£100's of millions. Not to mention QSperha. Meanwhile we are 0.01p above all time lows after a high of nearly 16p last Wednesday. This is being manipulated beyond belief
Great news. MTX110 seems to be moving faster that I expected. Phase 1 for pediatric, there must be a lot of confidence for this.
Current MC of £10M. What would a commercial drug like MTX110 be worth?
Of course the SP drops on more news!
All good news coming out lately, just need the big shorter to finish the squeeze..gla
and this is just ONE of many - QSphera has massive potential.
I almost feel like last Wednesday was a way for the market to test the appetite for news -
Firm buy and hold
https://*************/analysis/midatech-pharma-mtx110s-path-to-market-fasttracked-in-rgbm-200521393
/uk.investing.com
Phase 1 study to start mid 2022 (now), and release preliminary data from the study by Q422. That seems pretty soon to me.
I thought Last week announcements of its Mtx110 receiving FDA’s first track designation status should re-rate Sp, but it’s going opposite direction, market seems not being able to value this co yet !
It has multiple game changing products, if any one come good SP will be up by many multiple in the range of £1 to £10! On that basis just topped up to reduce my average cost ;
Statement from annual reports re Jansen collaboration;
In March 2022 we announced that Janssen had further extended the collaboration to include the optimisation of drug loading and in vitro dissolution of a second protein. It is reassuring to have a collaboration partner of Janssen's status validate the work we are doing with Q-Sphera.
Dyor
So the same company worth 15p+ is now worth 10p on Monday after two public holidays?!
The fundamentals haven’t changed here. Hold firm
… welsh company with NASDAQ listing being played by shorts - 9m traded on Wednesday there, finished 19% up, only to return to previous levels on 350k trades in two days.
We need sustained pressure orchestrated from this side of the pond to fry those shorts and return the SP to 20p+ as a base level. Hopefully the FDA fast track is just the beginning on the run up to the AGM
Stay strong London, 15p Monday!
GLA
Aha ! Thankyou WTF - so just £13 mil cap with at least 5 mil cash - plus FDA clearance for one of their products - think I’ll be taking some next week !
US is 5x1 plus exchange rate
Is there something I’m missing here ?
The US exchange is offering these shares at about 59 / 60p equivalent - so why is this only 13p on LSE ? Is it case that you can buy at least 4 shares for the price of 1 on the Nasdaq ? or is this plainly a case that the Uk price is a ridiculous bargain ?
Apologies for the apparent dumbness of the question just on the outside looking in !
Agreed.
Looking oversold .
Can It make it to $1 ?
Outstanding
About time too !
Outstanding
Certainly....just added few before close....;)
Have a nice long jubilee weekend guys.
Can't understand why we're not higher given the slow decline we have had for the last few months....let's hope this is just the start of the good news...hla