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Mr I,
Even though we aren't blue(yet) today, I think the positivity has already restarted. I think you are right that the price will move up as soon as the RNS lands for IND submission, but I think it's started to edge up now. We all know it's due about now, so even the traders can't hang about too long. I have a very strong feeling we will be a lot higher than this in about a month's time.
Have a good weekend all, and lets hope that RNS lands early next week
07-Dec-23 09:49:47 2.189 424,655 Buy* 2.15 2.20 9,296 O
07-Dec-23 09:45:03 2.175 500,000 Unknown* 2.15 2.20 10.88k O
I think both of these are buys. Probably traders who are going to dump them again next week on a very likely significant rise. But it's still nice to see ;)
It does sort of feel that we should go blue today. We are definitely at the bottom or thereabouts. We are probably only days away from IND submission, which should start to trigger a steady rise, and potentially 3-5 weeks away from being clinical, which should give you a more rapid rise. So in summary logic tells you that we SHOULD be going blue.........So we shall see!!!
GLA
Yeah PK, I think you are probably right, IND submission is still outstanding, and I also think we will probably get a RNS with it too. If it happens tomorrow or early next week, it is still possible to get approval this month, but most likely in early January imo
The question is has IND submission already been done, and we're not going to get a RNS for it, in which case we might get FDA approval and CH lift this month. Or are we still waiting for IND submission and that RNS verifying it, in which case FDA approval and CH lift will occur around early January probably. This is what the sellers/traders are gambling on and in which case will pile back in towards the end of this month. Life is a gamble. I'm happy to wait for either scenario.
If this goes below 2p, I'll be in shock and although I promised myself I wouldn't add any more to my considerable holding, I almost certainly will. I find it a bit bizarre we are hovering around 2.15p with the strong chance of IND submission being due anytime this week or perhaps next week, and FDA approval a maximum of 30 days after that, probably a lot less? So in theory we could actually have the CH lifted in 3 weeks time where our SP is likely to be over double where we are currently. Not to mention a nice surprise with CBR or CDX.
Please tell me, am I missing something????
Great positive post SocialistB, thanks for posting.
Well it's FOMO Friday again, seems to come round every week (haha). The raise is behind us now and seems to be absorbed. Will we get a RNS on Monday re IND submission, or at least sometime next week. Hope so!!! Either way it has to be very soon.
GLA
Maybe those sellers thought we would have had IND submission by the end of this month? On a positive note, you can buy 1 million shares for 2.34p. A bargain in my eyes when the CH lift happens in about month or thereabouts. Pause for thought!!!
Oops sorry, hit the post message to early. I think consdom is right with his estimate 100 mcap 1st quarter 24 is very likely. In fact at least 60 mcap January imo.
A little more patience mate and we will be there
Great post HH, just going through 2 of your points
1. I also believe IND submission will be early next week (between Monday and Wednesday probably). But you never know, we still might be surprised at the end of this week
2. The 534k raise was a complete shock to me, more of the amount rather than anything else. We have a CEO who is already a multi millionaire probably. If HEMO was my company I'd have paid for it myself rather than create all this fuss, and tank the sp.
I think what Vlad has done creates distrust. I certainly don't trust him even though I have a significant holding. It also lets the traders run this show unfortunately. Anyway hopefully things will improve over the coming weeks and we can look back and smile soon enough
OK, thanks for your thoughts JHFH. I'm still puzzled by the amount of the raise considering he's a millionaire himself. Maybe we could have had a whip round to help him out (haha). Anyway, I think things will die down soon enough. Give it a few weeks ;)
Hope you are right. I’m sort of relieved there wasn’t a RNS this morning, still early yet of course. Yesterday still puzzles me on the raise amount. It was such a small amount, and being a millionaire, why didn’t he just put up the money himself. Would have saved a lot of hassle. Anyway, it’s all done now. Within a few days things will be normal again hopefully
What bizarre timing for this placing RNS, and for such a low amount of money???. I have to say it makes me trust Vlad less and less. It only encourages more Traders to bail out as soon as they get a decent profit, thus keeping the price lower for longer. However, I'm still confident that we will go clinical no problem, but maybe it'll be January now, who the f**k knows. I'm lucky I'm in the fortunate position of having a break even of 1.58, so I feel it's less concern for me. Been here nearly 4 years, a couple more months won't matter.
Don't be surprised if we get another RNS this week or early next week.