Renalytix Plc Share Price (RENX)

Interesting that you cant get a bid for stock from mms but they are offering plenty

Complex set of shareholdings here, but nevertheless Chris Mills is no fool, and his stake in Renalytix gives me some degree of comfort tho' the constant selling by the bond holders is testing patience.

Good call SB. AstraZeneca still campaigning on the danger of kidney diseases to world economies. They made 6 billion dollars last year on their leading drug treatment for ckd. Strong signals that RENX will get lcd coverage for the whole of the US. Then it will be game on. Or I guess I'll have to eat my hat ;)

Despite the low share price and overall valuation, history shows Renx can move very quickly on positive news and momentum. There are a number of positive indicators which will help in that regard - aside from the formal sale process itself which may or may not result in an acceptable offer. For me - the recent promotion of Howard Doran presumably comes on the back of positive progress on the test sales effort which he is leading; the recent placing was oversubscribed and provides funding to the end of this year; DB Capital jumped on the funding bandwagon at a higher price than the placing; there is a reasonable chance that LCD will be achieved for Medicare beneficiaries; Armistice Capital have been reducing their short position; Renx are looking into diabetes and cardiovascular risk assessments in addition to ckd; and KDIGO inclusion is a globally recognised care standard. Some of these points were referred to in the recent message from capcomm courtesy of A147lek93 - good post. I have added to my holding here this morning - averaging down trickymatters......! SB

2 x. RNS out