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If a shrewd trader was able to buy in on the bid a few weeks ago @0.28 & dump recently on the offer side around 0.42 it would have been 50%, but whatever the share seems to have settled in a different price trading area. Lansdown no longer regularly dumping shares into the market, at whatever price they could get, also obviously helps the market.
Actually there is a rational reason for an upward move, which was reflected in the last research report on the company where they assessed what the likely $ size of any 002 deal would be & then attached a probabilistic formula to NFX achieving that outcome & came up with a target price. Now we have officially entered the R&D stage & have begun licensing discussions on both main drugs we are closer to a deal (or not) than we were in say summer 2023, and were due a re-rate on that basis alone. If you consider the financial repercussions of 'any' deal of any size on either drug ,they would be many multiples of the current market cap.
Think it’s more of a relief rally based on the going concern statement, plus written confirmation of discussions underway.
Atm more like a 33% increase on the back of very little . Having sold last week I will be hoping that I get another opportunity. Will hold fire to see if there are any foundations to the current sp.
ATB
FFX if you wait for substance here you will be way too late
We have clearly left the 0.25-0.30 area we were stuck in for months. And it seems to be on the back of relatively small genuine investors, perhaps taking a position ahead of news anticipated in the first half. Also a noticeable absence of PnD folks. Ironically the Earl & Ria could have taken 50+% profits over a few weeks had they taken advantage of the move, without any need to post drivel 50 times a day.
I can only assume you don't hold any shares in nfx , any sane shareholder would be delighted to see a 40% increase in the sp. Each to their own
Where's the substance then Trombone? It's not the volume of buys, they are worth nothing. Nor is it any news, so what?
No substance = smoke & mirrors
I'm less than 20% down now having been almost 60% down 6 months ago so I think it's a little more substantial than smoke and mirrors. You could always ask the Bod those questions yourself ffx, might help you get some of your bitterness off your chest
Not really. 10% up but no change in price really. Bid .36p Ask .43p.
Smoke and mirrors as usual.
Perhaps you have a word with board, Trans, see if they've got anything interesting to say about NFX. Maybe ask them how those essential trials are moving along (that we haven't heard much about in a while)?
Well the SP is looking up.....thats about it !
Sorry nothing really to say at the moment 😍😍
Looks like it FX, those who wanted to talk solely about NFX don't seem to have anything to say.
So we're good to bicker again?
I guess that’s a no from trans.
Oh well. As you were folks.
😊 🍿
Go for it trans, the floor is yours....
Yeah guys can you ... you know.... shut up and stop the personal attacks?!
Talk about NFX or pee off please 😍
LOL! Thanks, IIRC the sp was over 2p when I sold out. EEE's been very good to me so far and I'm expecting more yet.
Cheers
Thanks for your input Silverpixel, but judging by some of the recent shares you appear to have been involved in, I’d suggest you have bigger things than my posts to worry about. I’d wager that if you’d stayed put here, you’d probably be better off..
Anyway, good luck 😉
I occasionally look in here after taking the hit and exiting at a loss a couple years ago. I'm staggered to see Whimax is still giving grief to any sort of critic (Chab', FX etc) and I suggest a look at the share graph for the last 3 yrs may be enlightening for Whimax .
Wonder if slave2trade is going to tell us when it’s NT to sell?
🙄🤡
Lol, still lugging those goalposts around FFx 😂
Spot on Chab.
I'm sorry but I nearly wet myself when I read this statement from Whimax:
"Throwing out insults and sarcastic remarks (and going quiet in between) doesn’t really qualify you as a “critic”, it just makes you look like the trader you’ve become..."
Ironically, that sums Whimax up to a T! 😂
Just for the record, I don't have anything against those who trade short term so long as they operate without the need to spout BS and lies in an attempt to draw others in on false pretences....and they don't defend such practices either.
Well guys it could be worse.
You could be like myself and Jiving who invested in this dog and then also invested in COPL which turned out to be a damn DAAAAWG (it is practically bankrupt).
I hope that one day NFX gets its act together. Sadly NFX and COPL have proven to myself that investing in high risk shares is NOT a good strategy and had I invested the same amount of money in something boring like Google, Apple or Microsoft I would have 4 bagged at least! Especially Microsoft.
Anyway lessons learnt and all that.
"Throwing out insults and sarcastic remarks"
Love this line from you Whimax. Suggest you read through your own posts.
I tend not to insult people, yet on the other hand I tell them when I disagree with all their hand clapping and whooping.
For example, Vistagen up front payment amount withheld at the time, Ox deal payment amount withheld at the time (some saying it's probably hundreds of thousands). The appointment of Ann on ten grand a month while she ran her estate agency and looking elsewhere who saw the share price half in a year. All brilliant success stories according to you at the time while advising of a strong buy. And on and on knocking people with insults and swearing at anyone that disagreed.
You must be in a bad place mannie.
ATB