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Volume has been blowing up recently.
Interest and money is back. With the amount of buys we had last week we should have been back at 0.5+ easily but that sell clearly kept us down.
Now that 30m chunk is out the way, I think we’re free to shoot back to 0.5 and next hit that gap at 0.7.
Very excited for market open tomorrow
Haha the highs, be nice to get back to the 0.50’s
Be nice to see this attacking the highs
I wonder if a partnership deal is on the table
Beautiful to see that trade finally.
Seller our? Open up and fly Monday morning?
That's a biggie.
30 million for 102k.
Looks like about to tick up. Big week next week as this is a strong reversal to end the week
37 paid
This will be .50 before you know it
0.36 paid
Book looks much better. Seller gone. Proper flush the past few days. Good news yesterday
Expect to see this back into the 0.4s shortly
....aaaaand now back to the usual red.....
The news has had no effect on the market. Maybe already factored in only valuing OCTP at around 3.5 million. Shame as valued at 10 million+ last year without a product at phase 1. Think it’s the same across most Pharma at the moment.
I think those cost savings have already been factored in to the amount raised … but if they can reduce the timescales that will be very encouraging … especially as project 2 will likely go rapidly in to stage 2 testing 🤔
I agree given that they iNGENu have the quality to provide access to venture capitalists and also other funding groups who target Bio-techs, with a good degree of success. Also potentially access to other Australian Federal and state incentives. They can get start ups for phase 1 or 2 trials up and running between 8-12 weeks. This is why I was interested that this will positively impact our numbers going forward on costing.
Based on the recent buying I am getting more convinced that we have 'interested' buyers taking a stake.
Everyone would be buying if it was up 20%.
Markets are fickle.
2% rise on that RNS,umm
Surely this will have a positive impact on reducing overheads while the phase 1 studies are being conducted and hopefully going forward.
Are you smoking something;-)
Clarissa doesn't help much either with all the bs spouted in interviews raising expectations. Maybe hit 1p by end of year?
Long way to go yet. I need it to double from here plus more. It seems like years I have been waiting.
Let’s hope it starts to move properly!
Blue numbers!!! It's been a long time since I've seen them next to this company!
Excellent! Going in the right direction now.
Https://www.lse.co.uk/rns/OCTP/appointment-of-phase-i-clinical-trial-cro-yzm55gx14r5r0fs.html
tick up
RNS out!
Brilliant news. Not only have we now got a partner for phase 1 trials to start.
Phase 2 trials are still on track for Q2!
Cashed up and smashing it
Why in earth is the price slipping 🤔