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I don’t view the RNS that triggered this massive 50% drop in a negative light. It clearly states: - A strong cash postion. - “Inconsistent” bio-markers. - Sub group where the drug was effective. - Policy of cash preservation and delivering value to shareholders. You must remember that the trial was double-blind spanning several countries and around 60 different centres. A mix-up wouldn’t shock me. Traumakine isn’t a one trick pony. It can possible be used to treat RAAA with 40,000 treatments a year. Faron itself isn’t a one trick pony with clevergen aswell. This could treat over 250,000 cancer patients a year. Great news flow coming: - Further update on INFORAAA. - Further news on the INTEREST study. - Phase lll Japanese study results. Market cap at £22mil with around £12mil in the bank. Therefore, all of the above and IP valued at around just £10mil. Very undervalued for me because of these reasons. Sorry for the essay but thought it was too good not to share.
Still around cash level so risk is minimised. Risk vs reward is very much in our favour here.
I noted this last night but 48 is half of 96. This could explain a fail due to lack of communication especially since the trial was across several countries.
Wow. 22mil market cap and around 12mil cash. This definitely has legs.
selling done now I think.
Looks like we've found what was holding the price down. Would be nice to see this finally move now.
Definitely a sell
So this is bottom is unpredictable but only a buy is a complete gamble not a short. Hmmmmmm.
It was above the mid-point at the time and caused the price to rise.
Shorts are closed through buying last time i checked. Also, doesn't that mean that this person thinks that this is the bottom?
175k buy just went through. No buyers?
''Relentless selling pressure''. Which is why buys outnumber sells 3x. Stop lying.
What else is in your locker 1. ''you're on a loss'' 2.''There will be a placing'' 3.''You spelt that wrong'' LOL. No mentions of fundamentals or anything. Just fear.
Looking back through your posts Gold-Dust looks like you always predict a placing. Trying to spread fear as per?
Buys outnumber sells by around 2 million. Just wait. Can't stay at 30% revenue growth and a PE ratio of 10. See you at 100p.
£8.4mil profit and high revenue growth. Really???
Those are some huge buys. Why isn’t this moving?
Almost 4x as many buys. When this is let go it’s gonna fly. Wouldnt be surprised by a blue day.
Opened loads of stores and still made a profit. Massive overreaction.
PE ratio now around 10 for a high growth company. Drop way overdone expecting a bounce to 100+ relatively easily. Especially with massive buying pressure ATM.