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And 8% dividend maintained. Only slightly below expectations, was £5.5 before all this so seems priced in.
The fact that OPL 310 was not priced in to the shareprice at all is a massive factor. OPL is a beast. Solid value.
It did say approx a year to hear the court-case, in the mean time its business as usual, patience will pay here like it normally does imo.
Think PFC (petrofac).
There is already a $438m provision on the balance sheet bare in mind?
In for a few.
https://www.investegate.co.uk/reneuron-group-plc--rene-/rns/reneuron-partners-with-fosun-pharma-in-china/201904090950436142V/
"ReNeuron to receive upfront, near term and estimated success-based milestone payments of £80.0 million (US$104.8 million) and double-digit royalties on sales"
Caution... The amount of times i see stocks top at 10am is uncanny.
Why has 88E only moved up 27% today, and 160% from its low of 0.7p.
Whereas RMP has gone up 100% today and over 350% from its low of 1.8p?
Propping this up just now, not sure id be buying after a 40% rebound, seems a little toppy to me. GLA
Quote: "You should notify us of your positions by 3.30pm on the trading day after the day the position was reached. All calculations should be made as at midnight on the trading day the position was reached. Certain shares are exempt from the notification and disclosure requirements in the SSR as they are principally traded in third countries outside the EEA." PS. Where is that ****** Tom Winnifrith, he constantly slates PI's for successfully trading stocks at lows, then systematically posts his usual tripe only after a stock has tanked, I think a sh*t fly best describes him.
not sure i can believe the latest short interest tracker. surely some of the shorts are closing? Typical volume for this stock is around 500k. theres now 11 Million shares short. you'd expect them to be closing into this volume? If the buyers want to keep buying in this quantity the shorts are going to find it hard to close without forcing it up even more. PFC all over again, hope they burn.
Missed revenue by £15m, market wipes off £125 million from capitalization. Great stock to transfer wealth to patient investors.
Norway's sovereign wealth fund has been buying all the way to £3.6 (currently own 5.5% of the company). So at £1.5 and 12% of the stock short (no doubt wanting to bank a profit and buy back before the strong 2018), im buying. Thanks!