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See twitter.
News coming ?
Nai/DYOR
https://ovocabio.com/app/uploads/2020/06/200608_Ovoca-Bio-Corporate-Presentation.pdf
Page 3
€16.5 million in cash (£14.7m)
and liquid assets to support drug development activities (June 2019).
In June POLY traded at £1400-1600 and are now well over £1900 so that an extra 20% at least on the cash but even if it wasn’t OVB are trading at under cash and investments level with a market cap currently of £14m (88m shares in issue x 16p).
The business here is currently being valued at ZERO !!!!
Free shares basically imho.
When people cotton on I imagine that 32p chart target will come quick.
Nai/DYOR
I can sell all my holdings in one go which is usually unheard of here.
Do mms know news is coming ?
There was a big investor liking tweets regarding OVB last week so maybe they are trying to buy ? That would be the other explanation for a big bid in the market.
Nai/DYOR
Market size is 5,000 shares so they have to deal at that at the offer price or move the price.
Nai/DYOR
Fill or kill time for a few orders I think.
Zak said 32p target after an end of day close above 15p: )
Nai/DYOR
Either big buy order getting filled or news on the way !
They are bidding for over £50,000 worth of stock at mo : )
Unheard of here
Nai/DYOR
Can’t buy now ! News tomorrow ?
Nai/DYOR
Paying over the offer price now to get in !
Nai/DYOR
News will be close in my opinion and anything under 17p you are basically getting the company for free as POLY shares cover the market cap up to that.
Nai/DYOR
Tried a top up and impossible to get anything when Davey are only ones on the ask and they are looking for over 16.5p for 15k!
When news released this should double easily.
Along with BRD !!
This is about to go.
Cash and POLY holding worth what they are valued at now so business in for free and could be worth 100p plus easily.
32p target short term.
Nai/DYOR
They were bidding for all my shares in one go on Friday !
This is heading to that 32p Zak target now.
Nai/DYOR
Looks like the chart has retested the 15p levels and now this opens up an attack on 32p Zak target as per Friday !
Nai/DYOR
Should be very close.
Can see 50p soon.
Nai/DYOR
Still cheaper than a few days ago on the spike ;)
Bought another 25k, little stock on offer and had to pay 15.9p for them.
I’m going to be able to buy back the share I sliced for a lot less after the recent pump and dump from the twitter cretins ..thank you cretins :)
Dictator Putins daughter allegedly received the Russian vaccine for covid, in news last week...the poster who made the comment was making a joke about ovb’s drug.
Where has this ‘rumour’ come from that Putins daughter has invested here????
If BP-101 is appproved in Russia what kind of money would it be worth? Not just in share price but in general, I noticed there are other female sex drive drugs available already so would the approval cause a multibagger here?
From their website there are only 35% shares in free float about 28.5m shs
https://ovocabio.com/major-shareholders/
_ _ _________________________________________
A pivotal Phase II and Phase III have also been completed confirming the safety profile and demonstration BP-101’s efficacy was successfully completed in 2019. The Company is currently working to validate findings from its Russian trial data in Europe, the US and Australia.
https://ovocabio.com/pipeline/#bp-101
Thanks for the links - the below is excellent too - hopefully the timelime to complete this in't far off - does anyone know the timeframe to complete these phase II studies ?
The Company has also established international operations in preparation for commencement of a dose ranging study in a western population. This Phase II study is expected to further validate the results of the Russian studies and, with completion of the concurrent preclinical studies, meet the requirements of US and EU regulators.
Market cap covered by shares held in POLY so pretty much getting the company for free