Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thanks Gidget :-)
And Thanks Andy - it's a Gem of a company in my opinion...
"With the help of artificial intelligence firm Rinocloud, which it bought in April, Integumen is building Labskin-on-a-chip, which will record every treatment tested on the platform and store its effects in a database.
That will give every dermatology clinic with a computer the ability to take a swab of a patient’s own skin bacteria, place it on the Labskin platform, run it against the database, and advise what the best course of treatment might be.
Then there’s Labskin AI, a digital extension to the lab-grown skin to clone the skin of volunteers in clinical trials.
The company said the new test would cut the number of volunteers required for trials by 50%, reducing recruitment times and project management costs"
(taken from proactive investors Sept article)
...some lovely growth drivers there!!
This is all I'll say in response to you Truffle...
From the 24th Sept to 29th Sept the SP dropped from 40p to 34p. In that period, you appeared on the board to post 23 negative comments.
Then we had a few days where the SP was at 31.5p on the 6th Oct, 26.75p on the 7th Oct, and back up to 30p on 8th Oct - you popped in briefly to post 3 negative comments on the 7th then disappeared again.
Then most recently, the SP has gone from 30.5p on the 13th to where we are now at 26p - and you've come to visit us again with 26 negative comments.
I'm sure people will draw their own conclusions from that.
AIM is full of investors who know the cost of everything, but the value of nothing.
prospects. It might not be profitable YET - but neither was Amazon for years! Revenues have increased though, and as Bezos
has long maintained, Investing in future growth is more important than hitting quarterly earnings targets!
But with all the exciting stuff going on with Deepverge at the moment, with multiple revenue streams opening
up - it's only a matter of time!
Deepverges new business strategy also led to the collaboration and then acquisitions of modern water.
Here's a reminder of that water-shed (teehee) moment...
https://www.**********.co.uk/articles/modern-water-signs-3-year-revenue-sharing-agreement-with-integumen-to-fulfil-us-0-7m-of-backorders--dab8427/
This has also been a genius move that has led to the growth of new business opportunities from real time
water contamination detection, with RAWTest AI system to be retrofitted to Modern Waters Microtox Units being rolled
out, and the development of the Microtox Breath Test.
As part of the DRAWQ (Detroit River AI Water Quality) project, an MOU has been signed for Deepverge to supply
equipment, consumables & services, and manage the real time monitoring.
It has been stated that the Water Rising institute intends to then help spread this solution to other parts of the US and
world.
As for the breath test - the first round of testing was successfully completed, and it is currently being tested
on real Covid samples at the Uni of Aberdeen, with results anticipated by year end.
With public health sector testing capacity strained, private test providers have reported a massive surge in
demand!
BAE contracted Circular health to mass test its workforce in a pop up lab on site.
Bupa has been providing 750 organisations in the UK with tests.
Private equity firms, law firms and investment banks have been buying tests from private Harley St Clinic in London.
English Premier League hired Prenetics to test players and staff one a week (Big % of their 16mill Pandemic spend
was on its testing regime).
London Med Lab said demand for their PCR tests has risen from 100 to 1000/day (Its PCR test costs £149).
The Drs lab (largest test processor in the uk after the gov's lighthouse labs) has had to tell customers it
has reached full capacity.
The demand from businesses for a rapid covid test is huge, and companies have got the ££ to spend if it means they
can open doors again!
There are lots of various rapid tests out there awaiting approvals, but I really don't see any that are as good
as Deepverges.
The Digital health platform that underpins the Microtox BT is what sets it above most of the competition IMO.
Although the market for testing is massive, plenty of pie for everyone!
Here's an interesting read if you missed it at the time...
https://www.dailymail.co.uk/news/article-8759063/Public-PAY-rapid-Covid-19-tests-promised-Moonshot-plan.html
What I like in particular about the Microtox BT though is that the software is agnostic and could be used
for other viruses. And the Test itself can be adapted by interchanging the binders to capture other viruses.
So there's future growth/opportunity there to produce chips that could detect other viruses, not just Covid.
Which is pretty cool!
Deepverge is a high quality, early-stage, disruptive biotech growth company with increasing pipeline activity
and solid
And this is where it gets exciting! Deepverges Labskin imitates the real human skin biome, and is the only
commercially available 'off the shelf' Lab grown-full thickness-human skin model, with an AI assisted
testing platform.
Integumens change of business direction and acquisition of Rinocloud was genius. Integumens
years of developing skin models, and RinoClouds AI savvy-ness, have resulted in a phsyical and digital testing combination
that has already led to new customers and initial orders.
The unrivalled AI driven repository of data and knowledge is in continuous development. Algorithms are applied
to data sets of 12 years of tests carried out in labskin labs, and data from both publicly available and exclusive
data sources, including scientific literature, patents, clinical trials, disease symptoms, drug targets, skincare
formulations and chemical structures.
The AI has then been able to create a virtual skin model!
Rather than companies testing physical skin - they can test them online, with the AI models able to suggest improvements.
This allows companies to narrow down their list of formulations to a short list to then be tested on real skin.
This has accelerated the original process of elimination time from 18 months to 10 minutes!
Labskin have also just recently launched the worlds first remote clinical skin trials platform!
Which means clinical trials can continue remotely, and with data and analytics from AI diseased skin models, has
the ability to transform the R & D process of skin treatments, making them cheaper and brought to market quicker.
Deepverges STOER skincare products are used as a control range of products that offer Labskin clients
proof of concept for their products to be tested. Notably - was completion of test protocols for the inclusion
of CBD in client products! This is a massive (multi billion dollar) growing market for the anti-inflammatory
and pain relief properties.
All very exciting stuff! The Labskin side of the business has grown in leaps and bounds, and I think it will perform
outstandingly well in this emerging biotech market.
Yes a lot of our portfolios are looking rather sad at the moment, but the number of negative posts recently has surprised me. If you're in this for LT then these kind of SP fluctuations don't matter in the slightest.
Yes there is shorting going on, and day traders popping in - but so what.
Let them short it down and then trade it back up, it's all just noise. The fun of an AIM share :-D
Earlier this year Gerry and Ross scooped up a handful of shares each at 83p and 89p
- I'm inclined to take that as a Bullish long term signal!
I remember DebC a short while ago getting in a negative place after the AGM and SP decline...
...and then a few days later posting an apology to GB on twitter as the SP began to recover a bit.
(which was a lovely exchange I thought).
It's easy to see the negatives when we're in the red, and forget how AWESOME (yes muggins) the fundamentals are.
It's just a temporary low - we'll soon see a lovely bounce from Chesh's double wobbly bottom, the rampygram will go out,
and the board will be filled with live commentary on share price fluctuations and we'll be on the top risers before you know it.
Look at Novacyt - it was 20p in Jan, rose to £1.66 by Feb - but then dropped to 65p, climbed to £4.91 in April -
to be at £2.15 in June....its last close was £8.40! Thats a massive rise in 10 mths - but there
were some hefty dips along the way.
So with all this negativity going on, I thought I'd type out a few of my thoughts on why I love this company!
So, Lab grown skin has been in development for years - and it's an area i've been interested in because of the
implications for ending animal testing. Without lab grown skin companies would be testing their products on
animals, usually rabbits. Which as a bunny owner just horrifies me.
Most major cosmetics companies have discontinued animal testing unless it’s required by law. Which unfortunately is
still the case in China. Encouragingly though, China has recently lifted import restrictions on products with
alternative safety assessments, and is looking to reform its regulatory framework and establish alternatives.
This is a huge step forward in phasing out animal testing in china, and Deepverges Labskin is ideally placed to become
a key part of the new regulatory environment emerging.
There are various lab grown skins out there, MatTeks Epiderm and Loreals Episkin probably being the biggest ones.
They use the skin to test their own products, as well as selling it to cosmetics, pharmaceutical, chemical
and household product manufacturers that conduct similar tests and the global scientific community to support
academic and corporate research and development activities.
Companies are however trying to develop more cost-effective methods, both as an alternative to animal testing and as a prior screening to their clinical work.
Awww guys that was sad to read. I've only joined LSE recently but have been reading posts here for some time so recognise the regular LTH posters.
The drop in share price is pants for sure, but no need to get grizzly.
My opinion for what it's worth is that STH's have been selling out of MWG because they don't want the bother of having to fill in forms to accept the offer etc, and that has triggered a SP slide. The MWG and DVRG SP's have been roughly mirroring each other (arbitrage?), and we're seeing a SP slide here too. We also don't have a next milestone as such - nothing to keep people holding for, so seeing massive rises elsewhere we'll see people sell out to chase gains elsewhere for a moment, knowing they can still buy back into DVRG. Stop losses being hit won't have helped.
We all know the fundamentals here are awesome - a bit of day trader ramping might help raise the profile so more people know how awesome DVRG is too and we might attract some sticky holders :-) play nicely.
https://news.bitcoin.com/the-bitcoin-network-now-consumes-7-nuclear-plants-worth-of-power/
There was an interesting article on Bitcoin.com that talked about the amount of electricity that will be needed to just power the Bitcoin Network as it continues to grow - and it compared the amount of electricity required to the equivalent of 7 Nuclear power plants worth of energy and growing!
Uranium has become one of the worlds most important energy minerals - it's used almost entirely for making electricity (plus some for medical isotopes), and with the demand for electricity only set to increase further, Nuclear Power remains an important part of meeting that demand.
The good thing is that the advances in Nuclear Reactors mean that as old reactors get decommissioned, the new ones that are being built are better - NuScale for example - are "developing a new modular light weight water reactor to supply reliable and abundant carbon-free nuclear energy. Our ground breaking small modular reactor (SMR) design features a fully fabricated NuScale Power Module capable of generating electricity using a safer, smaller, scalable version of pressurized water reactor technology. NuScales SMR technology performs as clean as wind and solar, and cleaner than any fossil fuel. Adaptable to changing consumer demand and resilient to changing weather conditions, NuScale SMR's are the perfect companion to renewables that face intermittent generation capacity."
....the world still needs Nuclear, and still needs the supply of Uranium.
Hopefully sensibleness will prevail!
I'm not saying there are investor shorts - I am hypothesising that the market makers were forced into selling short by unanticipated massive buying volume.
Market makers (and authorised primary dealers) are exempt from having to disclose net short positions when undertaking market maker activities.
And yes, I do think brokers and MM's keep an eye on chat boards like this - as the Investor Chronicle commented in this old article - Sentiment ultimately shifts prices
https://www.investorschronicle.co.uk/shares/2019/10/24/shake-your-market-maker/
I saw that British Bulls finally gave a BUY signal to MWG yesterday :-D :-D
Made me think about thinkaboutit
Hmmm - call me a conspiracy nut, but 'Mondex' joins on the 8th (the day the RNS hit) and has only made 2 posts - to this chat, regarding shorting.
Paid to keep an eye out on here to counter such talk Mondex?
...the Market Makers are short.
My current theory is that the MM's were caught completely on the hop when the RNS announcing the deal landed, and they were forced short by the unanticipated buying demand. The usual volume traded on ARS is an average of like 4mill a day - on the 8th a volume of around 104mill was traded! I very much doubt they'd have held that much stock of what is usually a reasonably thinly traded share! You can see by the trades made in the first 15 minutes how erratic the SP was as the MM's scrambled to get a lid on it.
MM's don't have to locate stock before selling short because they need to be able to provide immediate liquidity - so my guess is they were forced into naked short selling to satisfy the massive buying demand and will likely still be net short of stock. They will need to buy back the stock to close their positions - and it's logical that they'd be motivated to keep the share price below the average price of the short positions they've accumulated.
Or more to the point they wont be motivated to be competitive on the bid because they want to buy cheaper, and they wont be competitive on the ask because they don't want to have to continue selling short.
Naked short sales can put downward pressure on a stock price when the number of shares sold short represents a significant fraction of all shares outstanding - which judging the volume of the last few sessions could be considered significant!
By and large I don't think the MM's really care about the fundamentals of the stocks they trade, they just try and make orderly markets and turn a profit. We all know this share price is a steal at this price - the MM's attempt at shaking loose shares as cheaply as they can get away with.
It'll be interesting to see how this all pans out, but anyone getting spooked and selling early will be kicking themselves when the MM's sort themselves out and allow this to rise to where it should be.
Just my opinion - I could be talking twaddle and they actually did manage to magic up 100mill shares and it's all gravy :-)
@NewUncle - I wonder if our resident expert knows he's ranked number 11 on PumpedorDumped's Top 100 All time Rampers list :-D
I've been reading this board for a while before recently signing up - recognised the name, made me laugh!
@Ok
I think where Deepverge has the competitive edge with Microtox BT compared to other breath tests being developed, is in the digital health pass aspect. The finnish one takes a minute for a result - and whilst obviously useful in some settings, you couldn't easily scale it up. A football game for example - to ensure everyone being let in was covid free using the finnish test, you'd have to start queuing pretty early to witness that many tests! The Microtox solution creates a 24 pass that can be scanned in seconds on the way in.
There are plenty of designs being worked on out there at the moment - I've yet to read about one that offers a better solution for being able to open up big events again for example.
Its one thing taking a test and being negative - but aside from being witnessed doing the test, how else would you then prove your negative status?
Lol thanks Rich - I do have a tendency to overthink (*obsess) over niggles I don't quite understand!
It's more the mechanics behind shares being traded on both exchanges and the potential implications that I've been trying to get my head around - I just like understanding how things work, but I've no doubt over complicated it in my head. Might be time to take a tea break :-D
and thanks for that super helpful reply GB lol
I'm not disputing Hummingbirds fundamentals :-D
Thanks Ash.
- this is turning into a real niggle in my mind lol.
From what I've been reading, Aquis bought NEX and "wants to be the growth market for Europe and a competitor to Aim and Nasdaq". So effectively Hummingbird is listed on two competing exchanges.
Presumably the brokers will transact through whichever exchange makes/saves them the most money.
If volume usually moves share price - then surely we're at a disadvantage. Like todays trades at 38.3p this morning - same price, but buys on AIM, and sells on NEX. Most of the trades on NEX appear to be sells in fact due to their spread. But if the buying volume is being diverted away from AIM and turns into selling volume on NEX...then wouldn't the share price simply get stuck trading between the NEX bid/ask?
I have no idea if I've got lost down a wrong path, and google isn't much help, but it baffles me that the SP for Hummingbird has stayed stuck where it is for so long. I realise some risk would have been factored in for the political drama in Mali - but this is just such an undervalued beauty. Since learning of the NEX exchange trades from your reply the other day and my buy showing as a sell, I couldn't help wondering if there's some link somehow.
...Hi Ash,
I'm still on a bit of a learning curve and hoping you might be able to de-mystify some of my confusion over this NEX exchange business. So, from what I can make out, It appears the bid/ask on NEX is a lot wider at 37 - 41 compared to 37.5 - 39 here, so trades that if made through this exchange would show as a buy in some instances, but a sell on NEX. How is the overall share price worked out considering trades on both exchanges? Is it possible that trades being made on NEX are pulling buying volume away from ASQ and keeping the SP in limbo? Or does it not work like that?! Any insight appreciated :-)
The offer was originally a 1 for 1 all equity share deal - which would allow the shares to continue trading, otherwise they'd have been suspended. Because SKIN then consolidated it's shares 10/1 - the offer will now be for every 10 MWG shares, you get 1 DVRG share. The SP doesn't really come into it - for every 10 MWG shares I hold, I'll get a DVRG share, and the value of that will be whatever it's trading at on the day....which IMO will only be going up up up! (I hold both DVRG and MWG).