Member Info for DD77

I think it will remain volatile until December at least, when Woodford's fund becomes unlocked again. I've got a number of Woodford shares, mainly small caps, and it's demoralising to see the paper loss but I still believe in the fundamentals. It's time to hunker down until the storm has passed.

So Jupiter have sold out their c. 14%. Where does that leave the rest? How much does Woodford have left?
We could be in for a rocky ride if Woodford also looks to sell on the back of this............we could do with some other iis coming on board

A pretty neutral RNS, as expected an increase in revenue but disappointing increase in loss means margins have clearly been hammered by the push to H&B etc. It means we’re still a long way from profitability.

On the plus side, progress has been made towards achieving blue cap status in China which is what our future hinges on

Up nearly 8% today................news coming or just MMs?

Strong early rise today on no news?.............

That was a year ago fella

The challenge for Xeros directors is to now engage with other institutional investors who will buy into this company and the forthcoming fund raising because Woodford is no longer going to be someone they can heavily rely on

The question here, is whether this rise can now be sustained or whether the cloud of Woodford and fund raising later this year will continue to keep this subdued and sub 10p

Not idiots, or just tipped off?

Thanks for the correction. I agree Woodford does have too much influence here and in some other companies, but I do back his strategy. He’s been unfortunate in that circumstances beyond his control have hindered his performance. That’s not to say he’s backed some duds. But I admire his steadfast belief in some companies like this, Xeros, Avacta, Reneuron which are great prospects. He doubles down when things aren’t going so well.

However, a fresh approach and less concentrated stranglehold on the company is better for us other shareholders

Not just Woodford selling, but Circassia Pharmaceuticals have reduced their stake from 6.92% to under 3% threshold

He has reduced his stake from around 40% to 33%. I don’t see that as bad news but it would be potentially if he was trying to sell all his stake

So Woodford has sold another tranche of shares, to reduce his holding to under 17% now. Positive in my view, I don’t think he’ll sell all his holdings here but it reduces the negative pressure on this share and at some point will bounce

This is really going down the toilet.....................where's the bottom?

Lol the rampers are out in force again.

Big up JW!!!!!!!!!!

Calm down Degsy, this is just a trial.

It's another important milestone but it's not going to blow on it. We'll have a sharp 20% rise today but it will drop back thereafter. The share is rangebound between 8-10p at the moment and won't surge until we see concrete revenue being generated

Batfasted I’m not sure you fully understand the mechanisms of shorting but of course it could make sense, particularly if it achieves the end game of the takeover

Lemon tree - on the doubling down, I think it’s a safe enough bet and one I’m considering. I don’t see how you can lose out at these levels but I’m more contemplating whether I’d get a better return elsewhere. I don’t see a lot of potential in the payday loan sector anymore with the tighter regulation making profits of yesteryear a mere fantasy. But PFG is a good solid business and will generate a decent return and may also benefit from others in this market falling by the wayside.

If the deal doesn’t go through, the shorts will naturally fall away as it does not make any sense for the likes of Woodford to carry on shorting stock they own if there’s no benefit so we should see a correction. If the deal goes through I think there is greater uncertainty but I still think it’s a decent medium term hold

Why do some people still think this is undervalued at this level? And i don't want rampers to respond!

It's one i had on my watchlist a couple of years ago, and stupidly discounted. And now I don't want to buy on a spike............

Results were about as good as could be expected. I have more confidence here, as long as the raise is higher than this level. Will look to top up. The market hasn’t reacted well first thing though