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And the as we eat towards close, another 60k shares and is jumps a further 12%..

Manipulation at its best. Next to no shares sold, so they are bought from the M&Ms. who are controlling the sp, which I would expect ifrom external influences.;-)

What’s the betting we get news of the China submission this week or next.

Well, what to say, but WTF. Over a million shares bought today and the price went up 2%. This is as corrupt as it gets. when 0k buy or sell can move the price by nigh on 20%.

As I wrote previously.....mates of mates can do wonder.

RECORDATI ANNOUNCES AGREEMENT TO ACQUIRE THE GLOBAL RIGHTS TO ENJAYMO®, STRENGTHENING ITS RARE DISEASES FRANCHISE on its website on 2024-10-04.

Not a hope in hells chance of them having any interest in doing the same with Fortacin, though.... ;-)

More shares bought and sold today. What's interesting is someone managed to buy 190k at 0.4. How is this possible if over the last few weeks a 1 single lot of 10k shares can change the SP by up to 20%. HAs this been manipulated to allow mates of mates to buy shares before the China submission announcement ? just think, in old money that would have cost him/her/them/they/it, 10 to 15 times as much.

A few low volume buys and the SP goes up nearly 19%, a 1 lot sell and it drops back 14%.

Makes no sense whatsoever in the price movement apart from explicit manipulation by the MMs.... :-)

Morning the Italian,

It wouldn't be as bad if they actually made some money from it, but it seems they just keep wanting to give it away.

Something I was wonder about is: How is AI going to affect any sales ? Surely if AI is that intelligent, companies my be able to develop their own ?

Whoops my keyboard has been playing up lately that "o" should be "no" ;-)

Dougie,

http://www.aastocks.com/en/stocks/quote/quick-quote.aspx?symbol=00575&S=Y. USe ticker 0575.

Keith,

As depressing as it currently looks (I'm sure we are all in the same boat), I think breakeven will be the first step, once China approves.

One just has to look at FUM which is sitting at a market CAP of just over 100mill GBP and still o US launch let alone China. So, a 10x multiple, given RPGs current market cap, is achievable, however. This is as long as China receives more than 100 cans every 3 months which shareholders are currently in the dark about.

Although Jamie stated they Genetic (the manufacturer) is capable of producing 5mill cans/year, he did state a similar thing about PSNW (except it was 8mill) and look where that got us absolutely FA. It will be up to China to push for delivery, which I am sure they will do, otherwise there is no point if they don't have cans to sell.

That said, we still will have another 12 months following the submission and then I would guess at least a further 6 months to sort out the sales logistics etc (Haleon has taken over a year with FUMs product) . RPG runs out of money by mid next year and that's already with another Jim injection made at the beginning of this year. So I expect we may be down to 95%.

Lets hope China can pull something off as Recordati needs to sell over twice as many cans as before due to the now 40Euro price tag. I also expect Recordati have (and this is just my speculation, but seems obvious) made or will make a 2nd addendum to their agreement since as far as I can see the OTC approval was never part of the original agreement and with the manufacturing problem has taken them back to day one. They will obviously want a bigger piece of the pie to cover 8 years of frustration. We cant bank on RPG doing anything since they know nothing about nuffin.

I have given up on seeing US approval or even a license agreement due to RPGs total lack of experience. What should have taken a few years has now reached the point where they are just a laughing stock. Less than 100 phase 2 subjects which took 5 years plus to finalise and having to use a 3rd party to finish the phase 3 at a loss of income as payment. Its just a terrible joke gone wrong. No licensee will be interested only a few years, if that, left on the patent.

They have flushed a good opportunity down the toilet.

Yes, but just look at the volumes. They are so small I, nearly missed them...lol

Well, that's the most shares changing hands in, what...... 2 years

And they are mostly buys. Someone buying long before the China submission announcement.

Given how the share price has been manipulate, I would guess its someone in the company.

A single sell or buy can cause the SP to jump or drop by 17%, yet today 360,00 shares were bought and it drops by 11%. Certainly makes no sense since the shares are obviously being sold from the M&M's stock, given there is a single sell, hence it would seem they have been directed to sell at certain price to a certain few. What else would explain todays price action ???

Let’s hope the use of the term “Viagra Gel” doesn’t catch on as it could cause a lot of confusion. Maybe it was deliberate ?

I think you will find its currently only pre-order. I suspect orders wont be filled until after the official launch and then probably a week or two after. hence why the low sales. There is no point if the buyer has to wait weeks (even after launch). I would assume Haleon will be looking at stocking pharmacists first.

It would seem possible that they may be trying to control the market to some extent. For what reason is anyones guess

Which could be related to their statement made in the result.

The Board is confident in the outlook for the remainder of the year and confirms that both revenue and profit will significantly exceed market expectations* for the full year

In the Q&A, Angela H replied to one question by saying they hadn't put out any predictions in the report today BUT "the analysts" had told them this morning that they expect £18-19 million in revenue for the full year this year.

And getting paid handsomely for it.

I would assume the Chinese have received all the data. I’m sure shareholders won’t be notified of the fact.

Morning The.Italian.

China submission, yes hopefully soon, although still another year for approval and I would guess several months before it hits the shelves.

I wonder what % of the 30k cans every 3 months they will be allocated….a couple of cans?….lol

Morning The.Italian.

And still no licensing deals. Surely they cannot be giving it away ?

Exactly.