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Rule 101; nothing rises in a straight line. Forget about covid noise for one second. Look into the company dynamics, the development (I'm sure you wouldn't be commenting on here otherwise??), this should be knocking around these levels regardless. We've seen the base rise nicely. The 'last episode' was more orientated around the placing subscription IMO and the retrace falls in line with residual placing - and your cantankerous P&Ds. it's inevitable. What's changed? Yesterday's RNS sets in stone the direction and progress. Anticipation alone should haul this up by the scuff of its' neck..it's the nature of the beast. Rest assure, if anything IS put to paper then who knows where the ceiling is but of course, If nothing comes to fruition then expect a sell off - i think that's pretty clear to everyone here.
So either jump onboard for the ride and enjoy or get the f**k back to ODX or wherever. no time for irritating deramps
Bakky - Are you invested here?
Princes - Nice find. Lets hope they land it
a 'Hold' notification is hardly a ramp. Besides, the placing was filled @ 1.75 and has backed this in former days of Concepta
Slightly surprised by this announcement. Unless i'm mistaken, it's not an official requirement to comment on anything below 50%? - Speculation aside
it will be interesting to see this unfold. YGEN has picked up this morning.... something in the air? Coincidence?
* in the Bio/Pharms sector.
As always DYOR
PD - quite simply, they got the placement wrong; vastly oversubscribed - under priced.
An update is due today/tomorrow from the company, perhaps this will help rectify the current price level. People who jumped in here need to realize MHC is severely undervalued and if any one of the rumours puts pen to paper, then you'll see this up with the other MCAP leaders
Hamiltonian - 'fantastic product line' i fear was used in that sense as a ramp. Shiny words attracting lazy investors. Their technology and research does however hold a plethora of applications.. surface digging would unearth just a few!
The reason for today's rise? - It's gone undetected until now. Consider this as the awakening, if you like. There's a lot of rumbles in the background that may come into fruition - time will tell. Good to see the support today. BWTFDIK DYOR
I'd say just at the right time. MHC is severely undervalued against its' sector peers...recent placing showed there's a lot of eager venture capitalists willing to back this company. That and with expected outcomes from the AGM, this should start to gain some traction over the coming days/weeks. But, as always, DYOR.
Can I just ask Eezy, if so pessimistic...why are you on here?
Happy Friday all, interesting early rise
Finally
Not sure, no reason to.... bit of light background reading for newbies courtesy of google finance; http://www.***************************/redx-pharma-plc-porcupine-inhibitor-enhances-anti-pd-1-effect/412711931
Agreed, plenty of good times to follow. I'm impressed on the internal activities within the company, should expect to see some volatility on the up.
Institutional Investors - Basically, the guys with the clout