It's just a false situation all round, Woodford mis-management has caused the drop, solid fundamentals, cash in bank, great technology I too will add further is gets lower.
Broker endorsements this could a real cracker soon.
They've opened the spread one 1.55 then jump to 1.7 ask followed by 1.85 etc... will cost you more to buy than previously if it goes. Might get after market RNS.
Cash ?5.9m - enough until 2021 Directors bought at 2.8p in April Edison report values company at ?69.4m or 24p/share - x14 to current price of 1.6p Recent collaboration with Novo Nordisk focusing on type-2 diabetes ?Potential M&A deals? & ?partner talks?
Also chart looking good , more cash than mcap has to be value here.
Apologies for the heads up, I just want people to make money.
Found this: Cash £5.9m - enough until 2021 Directors bought at 2.8p in April Edison report values company at £69.4m or 24p/share - x14 to current price of 1.6p Recent collaboration with Novo Nordisk focusing on type-2 diabetes ‘Potential M&A deals’ & ‘partner talks’
Also chart looking good , more cash than mcap has to be value here.