Oncimmune Share Price (ONC)

I am surprised there has been no TR1 yet. One day last week there was 2 x £1m+ trades reported, total of over 1.8 +mill shares. Not quite reached the threshold but it must be close.............

Just checking to see whether I promised to tug my tail between my legs and walk home in shame if the share price went back into 150 region. There is an element of annoyance similar to that when you get a PCN (penalty charge notice) on your windscreen when it didn't need to happen.
If I had 1m GBP....I would put it all in here but I am slowly wondering whether this SP will even break out after a positive interims....or whether there will be another seller trying really hard to rid themselves of their ONC shares (for whatever mysterious reason).

Hi Trek
Thank you for taking the time to reply.
No doubt we will have to wait until the global situation settles which could be some time.
I’m hoping that owning good undervalued assets will eventually lead to increased MandA and subsequently good returns.
Meanwhile I’ll be going fishing and forget about the daily ups and downs.
Thank you again. Always good to share thoughts…and best of luck with your investments

Hi ingy,

It’s a time for patience. ONC are a real deal, revenue producing and growth.

Some of my other holdings like HEMO, IQAI, WSBN etc I get that they aren’t fully valued as they are yet to mature. Their potential is very much ahead of them albeit I still think they are cheap.

The likes of TXP, SAVE, COPL, LND etc have tangible assets that really aren’t in the SP. There are so many other examples.

It basically comes down to buying and selling and not just intrinsic value. SP’s move disproportionately on low volumes. MM’s are allowed to hedge their own stocks and are very active on SETSqx.

It takes an eventual return of cash or a takeover to achieve full value.

However, for those stocks that do reach a price inflection, the rerate can be over a couple of days and if you are out you miss it.

It will be interesting to see how the market values SNG if it’s phase three results are successful.

Buy and hold doesn’t hold true particularly on AIM. I think getting in ‘early’ and trading a %, taking profits etc is overall a more successful strategy. That ironically adds to the disconnect.

Usual caveats

Trek

Hi Trek
I’m still in here but see you may be in copl too which I just joined last week. All valuations mental at moment. Any of your valued thoughts?