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5x1 plus exchange rate
isn't that about 60p Plus? or am I missing something?
back to 0.90c in US - should break $1 today
Its up 30%+ on 5m+ volume! Its not company transformational news but gets us out of the doldrums for sure. I expect we finish somewhere between 13-14p
Good RNS, but haven't even started Phase I trials yet. This approval is just for the start of the development phase, not the approval of the drug for use which will be years away.
I remember when they were £5, average here still 30p but looks like this could easily get back there now.
bought in. GLA couple of bags here me thinks.
Markets close in UK in 2 half hours but will be trading in US all week. Strategic perhaps? Could make for an interesting Monday!
Think it's fair to say that they got burned lol
the s/p was at an extraordinarily low level .. leaving much room for an excellent bounce here.. her's hoping ..
We're buying at 28.5 in the last placing and that was cheap, hopefully that's the next stop...gla
N-T to buy at 15
Finally transformational news....
Should be at least few baggers from the recent depressing lows....:)
Very encouraging news indeed.
GLA.
Phew!
Finally something good here!
FDA grants fast track to MTX 110
In the absence of news, unscrupulous ‘investment’ funds take short positions on MTP - hope they get burned
https://stocktwits.com/risenhoover/message/463067169
£1 would be better!
Agreed.
Looking oversold .
Can It make it to $1 ?
Outstanding
hey, you might be right! Some buying at last - only takes 10 buys to lift us 12%.... a whiff of news and this will fly
Needs news - and not RNS's about director bonuses...
Mtp nasdaq moved up last few days looks like bottom has been seen . Should see a strong move upwards all round coming
Collaboration with Janssen in December, followed by a second collaboration in March and an IND from the FDA relating to MTX110 only made the SP head in the wrong direction!
The problem is this stock is being shorted and has been since 2019 by Armistice Capital. Its a dangerous game as news could drop at any time to burn shorts, though no doubt Armistice have measures in place to foresee such data before us minions.
I am encouraged by the fundamentals of the business, though the current situation is dire for private investors, with the threat of a reverse split on the NASDAQ to keep above $1.00
Management need to identify the 'low hanging fruit' of their many patents and/or announce a longstanding partnership to remove the risk of placing in the coming months.
This is a £100m+ company in the making. Just at this moment in time it feels a 100 million miles from this.
From the rns: Cash and deposits at 31 December 2021 of £10.06m
120 granted patents and an additional 70 patents.
Mcap £10m.
When this bounces...
It's a mix of 2 things , news and wider economy which does not favour pharma