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I did say in an earlier post with this title that we could see something to coincide with international kidney day. This makes the US national insurance coverage even more nailed on. I'm sticking my neck out for a definite now.
Good shout Tricky. The recent issue gives them headroom and also stops being a distressed seller - helps them get bet offers as well as once there business starts to ramp this is going to be a very attractive takeover proposition. I bought at 68 like a numpty but confident that this company will have a share price in excess of that by 3Q this year, these are going in the bottom drawer for now. GLA
Somebody posted this link on the HE1 Chat board on the 13/03/2024, it's a parliament petition to make short selling in the UK illegal.
Please re post on as many chat boards as possible 10,000 signatures required in a six month period, that’s before 13/09/2024.
If you agree follow the link and sign up please
https://petition.parliament.uk/petitions/657294/signatures/new
Good job Joel
Not sure RENX has any capability to engage with regulatory powers outside the US which has been their focus…..and they cant afford to which is where a licensing deal / takeover makes sense if this product is viable, it will have application in most populations, particularly the fatter western populations and the mass populations in China and India where there is still a lot of obesity caused by poor diet rather than over consumption.
I wonder if NHS England, for example, would want to fast track this through specialist commissioning now as they do take into account KIDIGO guidelines?
Fantastic news we are acing it! We went to the danger zone..now we are a top gun flying higher!
Congratulations to all holders it just gets better and better! Just shows you can’t keep a good company with such fantastic IP down and now 12 million in cash coming in too! Put that in your pipes shorters! Now gather up as much stock as you can as this is just the start of great things here not forgetting the offer from top tier BIGPHARMA winging its way to us soon! Win win situation for shareholders all round now! Shorts if you haven’t closed well that’s on you guys the market cannot help you out any further now with cheap stock! IMHO DYOR
Excellent news this!!!!
What is his average price for Harwood 12%?
We will be seeing the same high energy demand as yesterday as US pre-market starts buying up the stock and pushing it higher now within next hour as last few days has been the pattern here! Each day means step closer to offer but we’ve got 12 million now too! Seems ii and pi are both wanting to gather up positions here! IMHO DYOR
If it's any comfort Harwood now have 12% of RENX and their average is much higher than this. Christopher Mills is a bit of a star trader in small caps. Had a few ten baggers hey? Who knows best? Christopher Mills, CEO at Harwood and on RENX's board or Tom, Dick and Harry shorters?
For nationwide health insurance coverage. Then a few weeks potentially for a decision. I think we'll find out who the bidder is as soon as we get the recommendation. Think that's a dead cert. The US government has bought in for all it's services personnel and the US veterans have set up their systems already to link Medicare to the RENX test for their members. The regulatory authority has described the test as necessary for those with diabetes 2 and part of the treatment plan for chronic kidney disease.
These shorters are just taking advantage of the time The Morning Star covered this well on 9th February. Easy enough to dyor these days hey. Holding.
Sharebel
Posted in: RENX
Posts: 10,631
Price: 32.00
Strong Buy
RE: RNS out!!Today 08:08
"Agree I think we should start to see some rapid moves towards late 30’s now."
Honestly your posting history is shameful. How you still have any money left is beyond me. Just look at your incessant ramping at COPL which is now suspended, and now here. Ignore the fool unless you want to be prepared to lose money just like Sharebel has LOL
My main point being most shares would have just dropped to 20p straightaway! This might consolidate around the current level and then start to go up again.
The US was very solid yesterday, considering placing at 20p. Some of the main US investors for this stock are quite impressive. Gives me some confidence.
Hes ( SHAREBEL) now ramping eua now that they are about to run out of cash. Obviously shorting it.
Cannot wit for the US to open 😴 LOL
Good riddance to our resident shorter MADGE even he’s finally seen sense! So you closed at nearly 30 because the news yesterday was positive and you knew it was so you’d have been on a sticky wicket if you continued. One by one they’re closing and the longs and bulls will be the winners! Your boasts on profits will look paltry to ours! At least he won’t be posting complete nonsense every 5 minutes now hallelujah praise be! IMHO DYOR
Oh Sharebel
Here’s a selection of your biggest ramps
Bidstack- BUST
COPL- BUST
And of course last year we had NNN-BUST
Beware this 🤡🤡🤡
MIK I think you need to do your own research the confident buy refers to after hours buy yesterday of 128k at over 32 on the day the placing was announced. Not all placings are bad in this case it’s extremely positive as the company can continue easily with 12 million cash via oversubscribed placing majority US ii. This is KEY the reason the share price dropped was the threat of being insolvent in next month however that threat has now disappeared AND we have a takeover offer being prepped by top tier BIGPHARMA co alongside which has to be a minimum offer of 1.55 (highest price we’ve trade at last 12 months) there’s also a lot of shorts still exposed and there’s little availability of free float of stock especially now hands are prepared to hold tight for the offer price. The placing stock is almost irrelevant now as they too will hold for offer, plus the majority of that stock in 1st tranche can’t be sold until 45 days from 14th anyway (strict SEC rules) and we will have the take offer well in before that date. The 2nd placing tranche needs to be voted on and no date even yet so can’t hit market again strict SEC rules. So we are essentially very much on the up! When people hear placing they assume it’s negative and it will revert to that price but not in this instance - it depends on the reason for the raise and in our circumstances it’s entirely POSITIVE!! IMHO DYOR
Whoever is saying this is a confident buy, how can it be when the Placing shares were priced at 20p? Explain.
Can anyone recommend a good Level 2 platform? I've cancelled the crappy LSE Level 2 and am looking for a new provider.
Thanks!
Sharebel, stop ramping, nothing is certain. I’ve just jumped out of a share that was certain a bid was incoming only to turn around and say they are now looking into obtaining a loan. This could be a devious ploy companies are using to boost the SP and raise capital. Be careful all.
Sharebel,
Nice of you to think of me.
I'm out (not so) good sir, my prediction was a placing rather than a takeover. My prediction came in, and I banked a splendid profit at tranches just under 29p. It will go closer to 20p, but opportunity cost is a factor.
That should be all of this years and next years holidays paid for, so I thank you for being the imbecile that you are, genuinely couldn't have done it without you (and those with likeminded views).
Good luck with your next adminstration.
Agree I think we should start to see some rapid moves towards late 30’s now. We are saved and we have a takeover offer should we wish to take it coming our way! There’s no cheap stock from placing that isn’t going to be available to sell strict rules 45 days plus not timetable on vote for and tranche so we are still dealing with a tiny free float as news of the takeover price minimum 1.55 could be announced at any time! If it’s AZ then the DD has been done and they may want to seal the deal by revealing hand sooner rather than later before any other potential offers break cover! Fantastic news yesterday and an oversubscribed placing with 12 million coming our way! What’s not to like here now? It’s a great company and well respected in the market place! Shorts will now struggle to find the volumes to cover as holders are assured we are now not going under and a top tier BIGPHARMA wants to give us a handsome offer! IMHO DYOR
Bounce today