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First lot of recent placing shares admitted 29 April to supoort the business as funding was necessary- see rns it's all there.
£20k buy earlier today
£12 a share, has there been a dilution since or just dropped from there?
Good time to buy
3 years ago this was a £12 share. Now trading at 2% of that !
Couple of years ago we were trading at 10x the current price.
Think what we are seeing is the arbitrage being closed so it closely aligns with us price.
Up 15% already
Last time this was pumped it went to over 145.00 in a matter of days.
NT to buy, looking better
Just bought in, so looking at realistic price target over next 12 months.
What are you aiming for? what would be your sell point?
Hope not. They have plenty of money to take them through to lcd coverage for the US health insurance industry. Expected coverage for 10 million people at 950 dollars a time. Might just be iis getting in, in expectation of a decision this month. Consultation ended March 23rd.
Possible, keep on eye on US…!
Anyone know why the huge buys coming ?
Up over 12% on Nasdaq now, takeover offer afoot??
Huge buys hittting the offer jsut now! circ. 500K buys!!
Going strong on nasdaq-surprised its hasn't been spotted -nearly hitting 30P over the pond now!
Pushing ahead on nasdaq- there is arbitrage opportunity in uk as share price is well below that in US!
Its now 60m new shares in the last six months - and yes that dilution is significant. On the plus side - the company is now valued more than twice (£27m) what is was two months ago (£10m) ....when it hit 10p a share. Wonder what the lads at DB capital are thinking of their $1.5m investment less than a month ago which is now worth just over $1m. Perhaps they know something we don't......SB
So you’re telling me 20M shares has caused a 30% drop in the SP? Something not quite right with the AIM market. Big ripoff if you ask me. MM’s taking the p…
We have some catching up to do - Renalytix has just closed on Nasdaq at the equiv of .28. Taking into account the two for one, we can hopefully now get back on track.
I've been investing in bio-meds for years. They have to clear all the ŕegulatory hurdles before they get sales. Sometimes new drugs for big markets get bought out at phase 3, rarely at phase 2. Big pharma are always happy for the little guys to take all the risk. And market makers/bond holders etc always make sure it's a bumpy ride for us too.
Diagnostics are no easier. They want a finished product with full endorsements. We're nearly there.
Perhaps Trickymatters.....conversely, any announcement the sale process is off, then this tanks even more if that's possible - its penny share time. I have been invested here for some time.......and its only relatively recently that 'LCD' has become the 'must have'.....after everything else has failed to materialise sales. SB
If and when key words, and these apply to many companies on stock markets!
Be mad to sell now. It will multi-bag as soon as the LCD recommendation comes in. It's listed on Nasdaq. If it happens after hour trading hours it could be £1 the next morning.