Massive opportunity for a big Pharma Co. invest and reap massive rewards IMHO19 Jun 2023 11:56
Will they get a bid? I think so........
The demand to use Angle's Parsortix system to get he metastasized cancerous Breast cancer cell so you can test it must be huge. Surely it is/will be the "Gold Standard" to use to minitor whether a Breast cancer treatment is working, or not. If testing the cell finds that the treatment is not working it can be stopped and another treatment tried. Patients have a lot of side effects from these treatments I understand. Some will unfortunately be putting up with side effects when, unknown to them, the treatment is simply having no effect. May well save lives and WOULD CERTAINLY SAVE TIME, SUFFERING AND MONEY. Using a treatment that does not work is terrible not only because of it not working but time wasted will enable the cancer to spread further unabaited.
****Investment from Big Pharma I believe could get the FDA clearance for numerous other cancers other than Breast****.
I can't see why the market has not. yet anyway, reaslise the massive potential here.
The market is obviously World wide and therefore enourmous.
Large Pharma Co's MUST, I SAY MUST be looking at what Angle Plc might be worth to them.
I await the bid.
It would need to be 80p a share plus to appease the investors that paid that in the last placing last July I shoul think.
RE: Up again. 15.1%. £3.78 to buy.15 Jun 2023 22:51
HappyInvestor100.
I know Emerald Carrots. He is most certainly not a robot.
Welcome Emerald. Could you give us your price target please?
-------------------------------------------------
Hello,
Unfortunately I have not been following Asos until today.
Most shares I buy I follow and have followed for years.
However I bought in this am for these reasons.
1. The RNS stated "Return to profitabiliy".
2. Having a glance at the chart I could see the sp had previously crashed from almost £10 a share in Feb this year to at it's low about 330p just weeks ago.
3. I could see the sp was still below the recent placing price of £4.18p (most important).
4. I had read previously Asos could become a bid target.
Obviously you can never be completely sure but it seemed like a solid buy for me.
Price target? I can't say other than the sp shoul at absolute minimum go to the placing price even with the dilution. Those involved in the placing @ £4.18 only a few Months back must have invested for a decent profit so selling at under £4.18 would seem daft, aspecially after the well received trading update. Also with the sp only months ago pushing £10 a share a turnaraound in the Companies fortunes could clearly see that level and more again in time.