RE: MrSelfridge13 Oct 2017 21:37
You could also listen to the CEO on Vox on Monday.
However if you wait till Monday afternoon to try buy in, it is unlikely you will be able to buy many, and the price should have risen several hundred percent.
But hey, wait and find out more. Late bird never gets the worm.
Most of us here invested over 13 months ago, we have done a lot of research on this.
There is almost no downside, it is a very very clever bunch of people who are doing something that will transform lives, and that of their investors.
Simple way to describe
First to market generic medicines for multi billion $ market medical conditions.
They 'mimic' the existing medications, but get round the original patents, and they have also patented the new generics they are producing.
This will be bought out in 18-36 months by either the existing drug makers to protect their market, or by one of their competitors.
Target is $1B price tag.
Very little overhead, it is the IP that is valuable.
Early licensing deals will be done, producing revenue, both upfront and ongoing.
Pipeline of patents and new generic medicines coming up
Next big one is to tackle Fibrosis (multi $B market, and they will have (again) first generic produced).
CEO also said that they will have strong newsflow over the next few months, with price enhancing news.
This is not run by AIM sharks, it is main market and run by world renowned scientists.
There will be less than 5% of shares trading on Monday as major shareholders have voluntarily locked themselves in for between 9 and 15 months.
As those <5% get bought up the free float will reduce more and more Monday morning pushing the price up substantially. The free float could actually be as little as 2.5%
There will be media coverage as well
Somewhere between 12p and 20p is coming, could be more.
Those in earliest get the biggest gains.
CEO also stated that most health services in the world will automatically buy generics when available, so as these guys are producing the first generics they have a guaranteed market, and of course an big reason for the existing drug producers to buy Nuformix up to protect their market share.
Going to be a fun day on Monday!!