4d Pharma Plc Share Price (DDDD)

Wow....they were lucky to get the placing away at 50p. This is on my buy list for a recovery but at what price?

Ahha there we go....huge placing at a huge discount. The scary thing here is that the documentation suggests they expect this cash, all £18m of it, to last them a mighty 6 months. 35% dilution for keeping the lights on for 6 months. Wow.
Got to like the concept behind what they are doing in the lab but as an investment you are gonna need some serious cojones here.....

Surely more likely linked to the fact that this company must now be running on fumes....I'm amazed that there had been no comms on finances from the company since the Interim's. In those interims they explicitly stated that they expected to have funds to run to Q4 2019 and additional funding would then be required. But here we are in Feb '20 and barring a vague comment on MSD buying shares at some point on certain conditions there has not been a peep about cash.
Currently their cash position (or lack of) makes this un-investable IMHO.

Could be.

Large drop over these past few days, although not everyone has spotted that.
Currently as low as 80p....probably a product of the Woodford cleansing, that being something which will not carry on indefinitely.