RE: Sunday Times5 Sep 2021 09:22
Yes, excellent coverage - link below together with a couple of excerpts.
'For a company that sold off its star asset in 2017, Redx has made a remarkable recovery.'
'One issue with Redx is getting hold of the shares — big blocks are hard to come by. Some 79 per cent are held by US investor Redmile, which snapped up Moulton’s holding — although that is down from almost 90 per cent a year ago. Number two and three on the register are Sofinnova and Polar Capital.'
'The shares closed on Friday at 59p, valuing the company at £162.3 million; Panmure Gordon, the company’s broker, has put an ambitious 135p target on the stock. While it may be some way from these lofty heights, Redx is reaping the rewards of its turnaround. Buy.'
https://www.thetimes.co.uk/article/tipster-drugs-maker-redx-has-a-dose-of-good-news-wstvpc3z8