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Here's an interesting fact about TRX that I spotted from yesterday's article:
"TRX’s founders are CEO Dr Robin Bannister, CSO John Brew and CBO Dr Dan Gooding".
https://www.cambridgeindependent.co.uk/business/trx-biosciences-presents-classic-cambridge-healthcare-breakt-9220933/
According to the link below, it was founded on May 9th 2019. That was just a few weeks before the NXP001 results came out which sent the company into orbit from around 3p to 14-15p.
https://find-and-update.company-information.service.gov.uk/company/11986839/filing-history
https://www.lse.co.uk/rns/NFX/positive-results-for-nxp001-clinical-trial-aii7lpi2179yeif.html
Who'd have thought that their destinies would become entwined via Oxilio?
DG doesn't seem to be listed as one of the officer's though.
FX, it was initial founded as Infirst, a spin off from the Peptcell group and Biocopea, and was a vehicle for the development of Flarin.
Once this was developed that was set up as a company in its own right leaving InFirst dormant.
In March this year they changed name to TRX. This ties in with when Oxilio signed the option agreement with NFX.
The news this week was the publicity launch.
From what I'm hearing their billionaire backer put 500k in.
Flash in the pan today, bid back down already. Looking forward to returning to perpetual decline in this awful share.
why are you looking forward to it?
Where were you yesterday bloodninja?
It's impressive how fast things move Soup.
DG only resigned at the end of June 2020 and Oxilio's interest in NXP001 became known in September. Then TRX get together in March (as you say the same time as Oxilio sign up) and spend 6 months achieving "a breakthrough in the development of a novel drug targeting technology".
"Dan adds: 'As we were incubating the technology, we were aware that it would be relevant to a number of companies with projects re-developing known drugs – projects hoping to maximise the potential of new science in areas of unmet need.' "
It's great news that it is speeding up the time to get new drugs into clinical trials. I wonder when Oxilio first became aware of this new technology and decided to take it on?
Its been developed for a long time FX.
The way they operate is that Biocopea and PeptCell develop a new technique or product, they then spin off into a new company and that carries the product or technique forward.
So whilst the company is new, the development has been long in the making.
Our two quid buyer is happy today, is that you loading up Bloodninja?
Ha yes that's me, scaling in to a total of £16 investment, looking to cost average in as SP seems volatile. Hoping for 100% so I can slide out with £32 and go buy a premium LSE subscription for a month
Can't believe you sold out Bloodninja. That £32 sell must have driven the SP down from blue.
Yes but now I have LSE premium so I can see on Level 2 the bid dropping here
Well done bloodninja, you might want to ask them to put the logo after your name that shows you are a premium member, then you could actually look at level 2.
Keep going bloodninja. We need some Friday entertainment. ??
One last pump and dump , done to perfection well played all :-) until next time
Here come the another clown.
Atrades what a clown. Dont see any pump... And what dump
Always great to see Atrades once in a while for his/her intellectual contributions.
Cheers hale , I’m still sore from having my pants pulled down by the corruption that went on ;-) don’t want others to fall for the Bull that comes with this share. Just my opinion.
Not a bad day in the end, a bit of weakness as expected but at least not a full on reversal.
Really good week Soup. Almost 21% up. Hopefully same next week. Have a good weekend everyone.
Got a feeling this will really start moving near Christmas time..
At long last a positive week for the share price. Been a while since we had one of those.
I'm new to this share and heard about it down the pub. Some one I know is a big hitter and is loading up. His mate said he had heard there is a Chinese deal in the offing worth billions, and the guy drinking the Babyshams reckoned it would ten bag by the end of the week.
As a newbie what do lth think of the above. The guys in the pub seemed genuine enough and I'm thinking of loading up on Monday as opportunities like this only come once in a lifetime.
I've already picked out what colour Ferrari to buy. I know most want red, but I'm thinking of a nice beige.
All the best and I'll meet you all at the millionaires party.
:-)
I’ve had my yellow Ferrari ‘on order’ for a while now…
Highly speculative, multi bag potential, or end up driving a £500 Vauxhall Nova from the 80s… It’s all possible!
Your over thinking . its going to be a horse and cart , with you selling what's dumped in the road.
seriously I think Anne's leaving in a chauffeur driven limo with her head held high .