Member Info for DMcG54

SDRY, another I got burnt on, lumme days, this really is a racket :o(

Well, NASDAQ de-listing is a given I reckon unless they can disclose they've got a good offer for a sale of the company, as that will push the price back up again and potentially enable it to stay listed on NASDAQ before the takeover

SB - Are you thinking they will take it Private and try and to the sale on the QT as a private company. I will go phucking nuts if that happens, lost loads on REDX previously with that stunt. Hopefully a sale comes soon as this is driving me crazy

Thanks SB, penny has dropped now :oD

SB: I don't get your point about "LCD does not formally kick in until 01/08 - which takes us into Q1 2025. SB" 01/08 is August 1st 2024, how does this equate to Q1 2025...?

SB and Tricky raise very valid and useful points IMHO, and I think the key is in Tricky's response.

In my view:

1) There is a lag effect in play, going forward the LCD thrust will be soooooooo significant but that will only be evident next quarter as things start to expand;

2) Trust in these types of company is poor (look at what happened to REDX - different company I know but part of a sector theme) - the market is always waiting for the next grenade to go off;

3) The company has to be in a position to "go it alone" to avoid being pressured into a fire-sale. There is so much going for this company and any lack of bad news next quarter with an uptick in sales will improve its image and its share price.

GLA

There are some bloody massive Unknown trades and they are looking like potential buys at 17.5p.

This share hasn't even started to re-correct yet, it will be fits and starts, but this looks like the pieces of the puzzle are at last starting to fall into place.

GLA

The market hasn't picked up on this news yet, I expect next week and to the end of June the news will start to dawn on the market.

This from the news outlet 360dx:

National Government Services: Renalytix's KidneyIntelX and KidneyIntelX.dkd

National Government Services released a final LCD this week aligned with its draft LCD covering Renalytix's KidneyIntelX and KidneyIntelX.dkd tests once in a patient's lifetime. The assays are covered if the results are used to facilitate therapeutic prognostic decision-making in the medical management of a selected patient population. They are also covered when the results are used to determine the risk of progressive decline in kidney function in patients older than 21 with Type 2 diabetes and existing early-stage chronic kidney disease if the test is ordered by the treating physician or qualified non-physician practitioner.

The test must be performed in a CLIA-certified laboratory qualified to perform high-complexity testing and the reason for the test must be documented by the treating practitioner and demonstrate that the test is medically reasonable and necessary.

The assays are not covered for patients with estimated glomerular filtration rates lower than 30 or above 60 without albuminuria, patients with end-stage renal disease or those on renal recovery treatments, pregnant patients, patients who are currently hospitalized, or those taking etanercept.

The tests are also not covered as screening or standalone diagnostics.

The final LCD goes into effect on Aug. 1.

It's probably the same info as was provided before by Bob, but just in case:

https://www.cms.gov/medicare-coverage-database/view/article.aspx?articleId=59758&ver=3

Wow, weird spread. Interesting things about to happen, especially in reaction to LCD.

GLA.

Kyborg, don't think that $2.75 is inconceivable - RENX has great potential, let's hope that potential gets fulfilled and the PI faithful get some decent return for a change. GLA

Ahh OK, was hoping it was going to be the big announcement

Good news even :)

Hope it's bl00dy god news, I'm sick of all my investments being burned to ash :(

Do you think there might have been an intent to crash the price with some sort of insider knowledge of the poor Winter performance, in order to pick the company up cheaper down stream...?

I'm shocked how this has gone t1t5 up atm, didn't see it turning in to this sh_1tshow :(

WTAF was that all about, loads of £32 sells...? Looks like someone is trying to send some sort of messaging unless it was an algorithm going nuts...

I guess we know now why Polar cashed out at a time when the share price was looking like it should have been going north. I thought it was because Polar had had a slightly choppy time in 2023 but they must have been given a heads-up in intent. This is compounded by the fact that recently Polar chucked a ton of cash at RENX. I'm f'ing furious with this stitch up on REDX, PIs are being sold down the river!

Bobcat, if the seller is Polar again (not saying it is, but we might know soon if a TR-1 gets released) they seem to be dumping REDX and investing in RENX as they recently bought some newly issued shares with RENX. I think both companies are great opportunities but typically I've F'd up in my trades and have lost half my cash (and I mean actually lost as I sold too early and bought way to high on a stock. GLA.

Interesting Silverblade. The Polar angle does intrigue as they were dumping REDX recently (not to be confused with RENX although REDX are a med related company as well). The weird thing was they were dumping a perfectly good company (albeit not a sexy company whose share price dropped) and yet they pumped loads into RENX.

Why? I think because a sale is happening here and that it will be a reasonable offer. Let's wait and see. GLA

Assuming it was this yesterday, but I could just as well be talking BLX:

19-Mar-24 15:52:47 34.5751 24,678 Sell* 34.00 36.00 8,532