Member Info for bignose58

Morning The.Italian,

Not much chance now with company being in a closed period. I wonder how much the profit warning will show in a few weeks …lol

Morning The.Italian,

Certainly makes one wonder where it will stop. It’s been on free fall since the rights issue. I’m sure some may be kicking themselves, although notice how little the volume is.

So…. The market cap is now back to the levels of just before the Yooya announcement and the later DLI announcement. (Both times I suspect the sp was driven down by the company to allow the issue of more shares to parties involved - Although speculation on my part, the market action and timelines at both times could imply it).

Now the question is. Are we going to see the same thing at play here now. Obviously only time will tell…..lol

Interestingly the DLI management must be pretty pished off given how much they have seen their own 3.79mill usd investment decimated by. :-O

20 to 1 share consolidation, but you actually know that already.

Current price = 0.76 = 0.038 in old money, so it would appear you paid over the odds, although nowhere near as much as the A team….lol

I wonder if uninterested investors will sell on the sudden change in sp thinking they have hit the jackpot. I wonder what happens if sell orders have been placed at this new level. Will the current sp suddenly trigger unwanted sells…….although it doesn’t appear to be. An interesting question though? Are set sells automatically cancelled or is that the reason for the ticker number changing so adjustments can be made ?

Ahhh. Now a note showing 02945 is to be used temporarily due to a corporate event.

I wait to see what happens next ;-)

Now this has happened, will this poss lead to some operational update announcements this week. We can but hope….lol

So the numbers have changed from today by a factor of 20.

What is also interesting is, unlike the previous consolidation, the stock number has also changed, now 02945. I wonder why ?

Sp currently 0.82HK$, obviously with the same market cap as last Friday and of course lot number has decreased to 500 from 10k

Morning The.Italain. I can't argue with that. :-)

The company needs to close the phase II out and have a license agreement in place in the next 6 months otherwise I see no hope without yet another loan from JM. Of course this will depend on how any license agreement is written which would require an upfront payment including the costs for the phase lll and follow through to approval.

It’s interesting that a Chinese licensee was willing to step up to the plate in a short period of time and back it, yet not one US licensee was willing to do so even with it being supposedly the jewel in the crown as far as markets go.

Dougie. Nail on the head.

What is interesting is under RPG/ERP and back to RPGs control, the FDA process started at the beginning of 2014 and up to today they still have not closed out the phase II (an unprecedented 9years). Yet the Chinese process which effectively started on Dec 3rd 2018 when the license agreement was entered into and the start of the process became controlled by Wangbang, they have done it in half the time. They are soon to submit the phase 3 results with possible approval in the following 12 months (5 years) and that’s including a 1 year delay due to RPG not making sure the authorities had all relevant information.

This certainly shows how broken the machinations of the company and its workforce truly are.

As expected all resolution convincingly passed, including JG as CEO. Unfortunately it won’t do the company any good since he knows nothing about nothing….lol

That should have been. “as usual their timelines….”

I would hazard a guess the sellers are fed up waiting for news. The FDA decision is taking far far longer than it should, as uheir timelines are made by amateurs.

Back to a market heading back to 16mill squid when the DLI started. The only difference now is there are twice as many shares in play.

I wonder what the DLI investors must be making of it since I’m sure promises must have been made regarding their investment during the takeover. They are now down about 70% if they didn’t take their rights.

Looks quite comprehensive, however, They cannot get their figures right. At the beginning the forecast for 2030 is over 4bill, yet at the end in the table, they state 2030 as 2,49bill which is only for 1 years growth at 8.5%. They should have gotten someone to read it first before uploading it. Makes one wonder if all the other figures need checking....lol

What is interesting is Levitra which seems to have an annual increase in market share from 2021 to 2027. What's so special about their product that it would appear to be gradually, year on year, cornering the market ?

But then Life itself is a gamble.

And of course it's a gamble since news of the phase iii start and a possible license agreement, plus possible news on China submission could scupper your plans. Thats if you do intend to buy several million :'O

As I wrote, a handful of shares ;-)

Depends how one looks at it doesn't it ?

If you are only buying a handful of shares, you will get them cheap, but if one had several million which they would have automatically got the rights to, no problem. Try buying several million and see what price you get them for.