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"It seems that Pharma's essentially require this as a necessary condition before examining whether to invest in a new drug."
And yet for years the company intimated discussions were on going. Yet this Orphan status has never been mentioned before.
Why if it's so very important?
Depends at what price the 75 million are going to hit the market at and what affect it will have on the sp over time. We've seen it in the past.
People thought my selling at .55p was strange after all those years. I think it's strange more haven't sold earlier and is so upbeat about nfx could have tripled/ quadrupled their holding in the company. Hind sight is great thing I know, but I guess with 99% of holders it's the fear of missing out.
So with the sp sitting at .2's, which some thought we would never see again, and always a mistake with nfx. Just as I thought some time ago we would bottom out at 3.5p, whoops. I can't see anything to stop the slide a bit further as any news to bolster the sp seems months away according to the telegram thing as reported by older.
"Throwing out insults and sarcastic remarks"
Love this line from you Whimax. Suggest you read through your own posts.
I tend not to insult people, yet on the other hand I tell them when I disagree with all their hand clapping and whooping.
For example, Vistagen up front payment amount withheld at the time, Ox deal payment amount withheld at the time (some saying it's probably hundreds of thousands). The appointment of Ann on ten grand a month while she ran her estate agency and looking elsewhere who saw the share price half in a year. All brilliant success stories according to you at the time while advising of a strong buy. And on and on knocking people with insults and swearing at anyone that disagreed.
You must be in a bad place mannie.
ATB
You must admit whimax that you attack anyone that shows disfaction with the company. You disparaged me for years over my opinions on bod announcements and rns's even though they always turned out to be correct. Everything fron nfx's so called fantastic deals to bod appointments, and my opinion on the bod's questionable statements full of ifs and maybes .
So perhaps you should be less critical of the critics here and those that have the right to say it as they see it rather than your blinkered approach and insults.
ATB
Signed. Long term invester turned trader.
For a start I'm not your buddy and buddy I've been here and seen it all for years and years
Secondly the share movement at the end of last week was more than likely due to a nod and a wink from inside. Imo
And thirdly try not to lecture buddy.
And fourthly, you and yours have a absolutely terrific festive period. ( can one still say "period"?)
Still playing about myself here Thompi. Buying in the .2's and out in the. 3's on the pumps.
I expect all lth's here, like you say , have lost substantial amounts by averaging down continually. Especially after so much BS over the years from the bod. Peeps say that they haven't lost out til they sell, but if you had sold then bought back over the period one could have tens of millions of shares for the original investment. I bit the bullet and sold out at .55p so buying using that cash to buy back in the .27's a few weeks back I could have doubled my holding, but ten times bitten eleventh time shy. I don't think the company is going anywhere to be honest.
I hope you found Angle useful and jumped at the right time.
ATB