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Folks sell and then buy back higher in panic. Hilarious. That tree shake to 1.8 got quickly bought into with chunky buys of 750k etc. This share is going on way and that isn’t backwards I’m sure of that. Look at the CEO and you will see what you are invested in. Great company. Multiple news due soon. This will be 4p+ Soon. Hold these shares tight. Anything under 2p is a gift.
precisely - that's where the biggest revenue will come through. Bans are being imposed all over the globe with regards to animal testing - pharmaceuticals, cosmetics etc. The list is endless. SKIN provide a solution to this. Also, as you mentioned, soaps etc - currently they are not classed as as a cosmetic, however, with all the bans being imposed, what's going to stop soap companies etc thinking right, we have a solution to this and follow the trend of non animal testing of their products. Furthermore, the public are becoming more concerned with using products that have been animal testing, this would allow them to purchase and use many products within these categories and feel comfortable knowing no animal testing on these products. the scope is massive and endless. Not to mention the arm of SKIN where they are using CBD oils to control bacteria growth on skin as well as treatment of acne and eczema and im sure many other conditions with time. At the current mcap, this has potential of 50m mcap very soon. watch this space.
fully agree Ironic. Pieces are coming together nicely here
From this morning. Serious buyers in this accumulating.. free float is diminishing daily, only way is up
its healthy to some re trace. im sure most of the posters here are just sitting back and relaxing. Let the re rate carry on. Traders will come and go, im happy with my holding at these levels and will continue to add on dips and let it ride out.
400k and 500k clips are buys marked as sells. MMs at their typical games.
PAID
Wouldn't be surprised mate. Theres definitely big buyers accumulating this stock. I believe over 60% of the shares have been traded in the last 4 trading sessions.. that is huge and hence the rise. This has long legs to go and with so much news due, it will keep the sp sustained and push it much further. ATB
Sales of Labskin soaring - especially since the new CEO took over. To cope with the additional workload, more labs are being opened. "additional labs at our HQ in York are expected to be ready in February 2019". Expect news on this plus results of further tests very soon.. We are witnessing a lovely rerate here.
can't see it getting to 1.3 personally, if it holds above 1.6, it would be a bullish sign. having said that, if it did get to 1.3, I'm piling in big time. win win.
starting to get noticed now.. 0.999 paid.
couple 1M buys this morning - one marked as a sell. Someone definitely loading up at these levels.
a buy looking at trade price at that time
Absolute bullshit. Dropped to 5p yesterday so he pulls that figure out of his backside. They’re funded! Until q2 atleast! This is massively oversold and the market realised it, as does investors/traders. Abit in the dark with what the issue is, but look at the history of this drug and you would see the hoops motif have jumped through with trials, World conferences etc FDA fast tracked this application too. This has legs to go further til further updates I’m sure
no resistance until 21p.. big buying coming in. GL
Totally agree Jimzi - it was stupid to put that in and I think that added to the over reaction. They also did mention in the same statement that they have funding until q2. From looking at previous RNSs, this was always the case so even if more trials are needed (and if so, it wouldn't be extensive as they have passed all previous major trials) they would have funding to do so.. if it proves to FDA that this drug is a major asset in the healthcare industry, compared to existing antibiotics. I think we're good here.
Jimzi - how does it imply more trials are needed? Funding is sorted until q2, they are currently funded. IF more trials are needed, they have the funds to do so.. funding was always required even post approval for commercialisation and to take this to market.. the funding statement is unambiguous and for those who think that means 100% trials are needed, are deluded.. we have no idea what data was supplied and we have no idea what further data or information is required.. if this can be rectified by supplying more data they already have, we are back to how we were 2 days ago - 40p levels prior approval.
1.3M, 1.5M and 3.7M delayed trades gone through after close. Bodes well for tomorrow. Let’s hope this gets to sensible levels over few sessions, and IF it’s something relatively “minor” the company can rectify, the figures that were mentioned prior to approval decision yesterday would be feasible in short order and those that bought in at this morning prices are in for a great opportunity. Sorry to all LTHs and truly wish this rerates back and you guys recoup. All the best everyone. GL
750k too
Not much selling going on there. Gives confidence on both shares which is good to see.