Member Info for DJP4976

When Avion deal was announced it went 7p to 30p 300%+ we know they’ve been in discussions with other potential partners, and in my opinion, now they’ve secured one major partner in Avion, it should be much easier for them to secure others.

I know I would rather be in than out waiting for another similar announcement, if that sort of thing lands at 7am, we know IMM is prone to big spikes I see a minimum of 50%+ mark up on open.

Secondly in the placing RNS hidden away was an extract as to how IMM’s subsidiary could be helping C19 - if any such announcement again expect a big mark up on open.

For me the downside is 10-11p placing price, considering major holder and director took £200k at that level, But the upside is multibags, I’ll continue to add a few here and there as when I get the chance

Ask yourself who bought £42k - that’s actually a sell, along with the £18k, check the time and date of the trades and you’ll see they are both sells, probably Shumba, and if so that means they probably have around 10m or so left to go and that’s the end of the overhang which has been weigh KIBO down for some time, I’ve been buying a few over the last week or so

Some people really don’t have a clue. WA are fully out, a trade popped up on 22nd April that matched their holding after a few other lumpy sells, that’s WA fully out - see trade 637,411 sold at 12:47pm on 22nd April - WA holding prior to this was 2,841,411, we won’t get any further RNS to state they are out as they previously went below the 3% reporting threshold.

Secondly another poster stating about debt, THERE IS NO DEBT!!! See recent Results RNS, I’ll even post the paragraph to make it easy

The Group balance sheet at 31 January 2020 remains strong with net assets of £29.1m (2019: £46.2m) including closing cash of £8.1m (2019: £16.2m) and no bank borrowings.

NO BANK BORROWINGS!!

10p+ coming possibly tomorrow and any takeover bid will see 15-20p possibly higher.

I honestly believe we are seeing mark wet purchases and potentially from sports direct who already hold 27%, hostile takeover bid very possible IMO - see trade on 23rd April £50k buy are 9p, that isn’t punt money, that is accumulation, time will tell

Going to be a big week here, share price broke 4 year resistance level at roughly 20p, also was the highest daily and weekly closing price since 2011, so much going on I find it hard how it doesn’t go on a very big run now...

Just need to exercise patience, Cathal has done everything he said he would and I’m expecting more contracts to swiftly follow.

The share price is frustrating but they’ve just raised £5m and done an al equity swap with hVIVO holders, that’s a big chunk to clear. One day it’ll pop 6p and won’t be coming back, especially if Cathal keeps landing these contracts. Confidence should now be back as some were getting jittery that he hadn’t produced the goods already but now it’s there for all to see.

This is not a share where you are going to get a 50-100% rise in minutes, so patience required, it’ll be a gradual builder over the course of the next few months.

Chill, they’ve just raised £5m and done an all share swap with hVIVO holders for Open Orphan shares, there’s bound to be a few stale bulls that want out.

For me, I think this represents an excellent opportunity and fully expect to see regular contract news over the next few months. There’s no way Cathal would be in to the time of 50% of his entire net worth if he thought he would fail.

Just need some patience for now until some significant news starts to land

?OPEN ORPHAN #ORPH ?£30m MC

* ?Providing services to orphan drug companies, the fastest growing pharmaceutical sector and the most profitable
* Have the only 24 bed quarantine facility in Europe with on-sight virology laboratory & the worlds largest bank of challenge viral study models, they have 8, nearest competitor has 1? (asset value roughly £50-60m)
* Chairman Cathal Friel has 50% of his entire net worth invested? £2m+
* Timing couldn’t be better with the current Coronavirus outbreak, HVIVO 24 bed quarantine facility used to run at 35% occupancy, they believe in the next 2-3 months that’ll be upto 75% occupancy at which time it’ll be making substantial cash
* ORPH will be profitable within 2-3 months at which time it’ll be RNS’d to the market
* Cathal has made it totally clear that ORPH is a services company and no longer a discovery company, but they do have a 49% stake in a potential flu vaccine they have inherited with hVIVO, if they pull of a deal for this it could do more than a few bags, but that’s a ‘lottery ticket’ as he states, the business itself without that ‘lottery ticket’ within a year should be 100-200% higher

Yea and the price has continued to drop over those 12 months to now a £600k MC - I’m not seeing this as an investment, but a potential trade that will spike on any news involving large clients as was mentioned in the half yearly.

Let’s see

In the half year report they stated

In addition, the Group has recently won a high-profile project with a global luxury automotive brand, which is also a new client, and expects to announce further details regarding this project during 2020

All they ever RNS is Results and trading statements, if they RNS a new contract win, which I believe the above is significant for them to mention it separately in the half yearly report, it will do a big move from £600k MC

Also Oilmanmike suggests why no RNS explaining the rise. The silence from them in itself could be a big clue as if there was no substance to the rumour, considering the company has been contacted and asked directly about the on going work, and still no comment, they would have had to squash the rumours straight away, the fact that they haven’t is a big clue IMO

Lol bit of a silly time to be selling considering quarterly report could explain all..?

Morning Jim

Yes sitting waiting for the quarterlies as you say there has to be reference now after recent speculation, emails to company and share price movement, decent breakout last couple days, just consolidating that move at present, even on this drop there isn’t much offered but can sell plenty, it’s like the MM’s know it’s going to go higher again soon.

2.2p was the area to break to see a move up towards 3p levels, can currently sell at 2.29p with the ask being 2.3p and NT to buy any amounts suggests we are breaking that resistance...

Quarterly report due some point next week I would imagine Thursday or Friday - this should give us the info as to what is going on and who is conducting the work over our blocks.

It’s one of the highest volume days in over 1 year, yet still less than £75k or so have been traded! Can you even imagine what happens if confirmation Exxon are even looking at GBP - let’s see

2.2p is major resistance - break this and its 3-4p range

Brilliant, if they confirm Exxon conducting the activity, as you said, not sure how it does make a big move on that alone

Jim, that is what I was hoping for, some reference as to what is going on and who is conducting it, who did you hear that from as to there being reference to it in the quarterlies?

Nice buy towards the end there - round trades keep appearing, 350k the largest to date! Very interesting. As for the fact it didn’t move it, I reckon today cleared all the overhang from last few days sellers, next leg up starting tomorrow considering it was NT for small amounts before close!

There’s clearly something going on here from Jim’s and Marmited’s research, and if that leads to a JV, all bets are off as to where the share price goes, but it would clearly be multiples. Let’s hope the board shed some light on recent surveys in the upcoming quarterlies next week

Wow, if you think after today’s RNS they aren’t selling all, your more deluded than I thought lol!! I’ll be right again when they release their next reduction TR1. Again I don’t think the price will get significantly lower than where we are now, lowest I see will be 0.55-0.6p area, won’t drop below that IMO, I’ll welcome it as I’ll add more, and yes looking for 1p plus, if I catch more great