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Completly agree Joe, I think we still have a bit of selling here like at VELA this morning but once those wanting out have sold we should see some sustained upward movement.

GLA

Who will end the day up the most ? VELA has a headstart but CIZ is moving fast now !

Can't wait for the US markets to open with the MURF merger news confirmed.

GLA

Moving Fast Now !!

GLA

We could see a lot of money moving in here from VELA people buying in this morning have done well and will be looking for another 50% here

GLA

Looks like we are on the move now : )

This will come good Joe don't panic, wouldn't surprise me at all if we get another RNS with clarification soon. CIZ do seem a lot better at issuing these than VELA

GLA

Hi Joe I put £5k in here 250,000 shares earlier, the RNS says "Should Cizzle exercise its Option" I think the problem at the moment is the word should, but of course the board will exercise the option. Ciz has some cathing up to do once this is confirmed.

GLA

Let's not get carried away, but in all seriousness I think Airestech is a decent company so we should do well out of it eventually!

And soon to be TOP!

Completly agree with this Hightower, if the MURF share price reacts as I think it will then this will be a whole new ball Game!

🙏 Joe's order gets triggered

Suth I would say double the market cap is a minimum, if the MURF share price goes up by 3 x as recently we could see a £12M return Gulp, I think this could well happen!

GLA

Just checked Joe and you can get 0.024 to sell you always seem to have difficulty selling.... at least you don't seem to have been too busy at work in recent months to not find the time to press the sell button he

For god's sake will you hit the sell buton Joe.

It wasn't long back I was buying at 0.045 5th Jan 2021 when 10M shares cost £4500 which at the time looked a good investment based on Portfolio valuation and the promise of our investment in AZD1656. Now that we are about to see a return on this investment I am looking fot a good return on this investment and other shares I have bought much lower recently can sit in my ISA for what could be much bigger gains.

GLA

Yes agree BigDave, after waiting a couple of years I am allowed to get a bit excited! This has always been about getting a good return on our investment in AZD1656 and I believe we are in touching distance of this happening!

I would say the market tends to agree looking at the buying this morning!

VELA has paid the option fee to Conduit already of £400K and I can see no valid reason why they will not proceed, I would say its as good as nailed on!

Explain then?

So now the merger is complete we have £4M pounds worth of MURF shares is this based on a valuation of approx $10 per share ? Recently teh MURF price increased to US$ 25 I suspect on rumers the merger would be approved. Now the Merger is approved could we see US$ 30 or higher? In which case the shares we now hold in MURF would be worth closer to £12M and then if AZD1656 is developed sold off by MURF could be multiples again, this could be massive!

GLA

Indeed

https://www.digitaljournal.com/pr/news/accesswire/murphy-canyon-acquisition-corp-announces-stockholder-approval-of-the-proposed-combination-with-conduit-pharmaceuticals-limited