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A number of larger trades this afternoon and after hours which all look like purchases. The price did tick up which reinforces this notion.
There is a lot of news due in the short term going by the comments in the recent investormeet.
Davey - I take your points respectfully but would point out this is NOT a Bio/Pharma stock. It’s a diagnostics stock and they produce medical devices (which are in essence an App)
AGL is also a diagnostics stock that produces a medical device.
Oh I’ve thought it through alright. Many times.
Hmmmm coffee you wouldn’t have been talking so negatively a few weeks ago. I guess you e sold out and feeling a bit salty about your sale timing. I think it will be impossible to buy tomorrow morning.
Look NO WAY can you possibly interpret this as negative, seriously lol. Ridiculous.
Do you think Feedback are going to be doing this on their own? No! It has serious government backing.
With this kind of national endorsement of their technology imagine how much OTHER business (quite apart from TB) they will now win.
As for your comment about 2025 wtfc how long it takes. It’s not ME talking this is Narendra Modi talking, you know, the guy who runs India. And they are prepared to put the wonga in to do it they are not broke like our government.
Coffee
‘Are these 7uckers leading us by the nose into another massive placing?’
Tom has already gone on record to say that they are ready to scale if and when necessary in India. Just refer to the recent webcast on investormeet. They will partner with large consultancies (and I believe they have already had the discussions) to provide the resources and support necessary on the ground.
Truly this is absolutely groundbreaking transformative news. How can it be interpreted any other way? This is being supported by the Central TB Division in India which is part of the Indian government. All that said I am not surprised because I was posting all the relevant information on this board a month ago after the Healthwriters conference!
Given the substantial amount of dilution coming the market valuation will need to adjust accordingly against recent trends. That means this is going lower to between 6 and 7p imv. The only thing which can prevent this is some positive news developments. Don’t hold your breath.
Today’s sudden SP Rise came as a big surprise to me. There were zero trades all morning. Price unchanged. Then, literally out of the blue, the book flipped and the price rose almost 30% in an hour! It plainly was not a P&D. You can’t P&D this stock anyway.
So, the question is why? There was no apparent reason. I know that on these occasions we often speculate that there has been a ‘leak’ but tbh I can’t really see another explanation for it? The rise was too fast, too sharp. And the MM’s were quickly on the defensive so I think tomorrow is going to be very interesting. Will there be an announcement? In which case there was a leak. If not will there be any follow through interest.
We were promised by management three weeks ago that they were VERY confident of news in the short/near term from India. It’s not hard to imagine there could be a leak from the Indian side.