Member Info for ErFreh

Just few big trades and price is up 30% damn that can explode nicely with good rns or sink with no news like last time. Luckily only good news from now on expected so hold if you're not scared by big swings. Long term this is good

Redx Pharma PLC (LON:REDX) joined the recent spate of junior biotech success stories with an 80% jump to 45p this week on the back of a licencing deal with AstraZeneca.

The FTSE 100 giant will pay US$17mln to develop Redx’s RXC006 for idiopathic pulmonary fibrosis, where progressive scarring of the lungs is usually fatal.

If it makes it to market, Redx will receive up to a further US$360mln in milestones plus royalties.

That’s quite an achievement for a junior player that, until Monday, was valued at £48mln and is now worth just shy of £88mln – up over 200% since lockdown started.

The change of fortunes is all the more remarkable given its brief spell in administration three years ago and some struggles in raising funds.

Experts say coronavirus (COVID-19) patients can develop lung fibrosis, so perhaps the pandemic has accelerated the market’s interest in this condition.

Exciting day tomorrow, might go up again

Not today ??

Invested long term but I'm surprised how many people belive pharma stock surging 100% or more on rns can rise again the next day. I always see it falling down after a day or a week until another good news is out

So where is that £1 everyone was talking about yesterday eh

This board is quiet for such a good company

Vol. Sold 891,647
Sold Value £147.12k
Vol. Bought 2,844,148
Bought Value £469.28k

Holding 100k and might sell some when it's 50p. Shouldn't take long. The ride from 2p to 16p was fast might slow down now but its going up for nice profit

Sorry if already posted.
https://www.newscientist.com/article/2237475-covid-19-news-this-is-the-most-severe-health-crisis-ever-says-who/

Everyone buying now

Hopefully slowly rise today without stupid mm games

Thinking about buying some shares here, this company looks promising in long term, any negative news recently?

Yes I just wish I could buy more, risk of loosing than exists but the possible reward is too big to ignore

Bought some on Monday for 170 and 190 later and very happy with this week. Thanks to those who said"hold and don't worry"

Synairgen mentioned

https://www.thescottishsun.co.uk/news/5842560/coronavirus-vaccine-scotland-people-refuse/

https://www.blic.rs/vesti/svet/revolucija-u-lecenju-korone-istrazivanje-pokazuje-da-ovaj-protein-omogucava-obolelima/60fp0lg

I think its romanian , not sure but word REVOLUCIJA sounds good :D

you wish