The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Anyone know?
On my count theres about 17% now held by big holders with over 3% (22.5m shares)
Just a mere 18x bags from here in that case :)
Surely we're due another one of these. Whenever theres any sign of strength its sold into heavily by Dave and the gang. They seem to be every 3 months or so, so maybe we'll see some in the next couple of weeks
Maybe the fact there hasnt been any for a while is a good thing...
0.75 to buy 0.72 to sell for me currently
No buy quote at all again
Same here. Thought it was odd....
Looks like bulls*** as it was cancelled afterwards but Google just shows the last trade. Fat finger maybe?
You're quoting the total shares in issue, not the holdings they had (about 20m all said and done)
It seems odd that they were building a position up until a few weeks ago and now they've all been sold through back to zero. Could they have been transferred to another entity and not sold back to the market....
A patent document, submitted by Nuformix on 09/04/20, for "Tranilast Compositions and Cocrystals"
Lifted from Wikipedia
Tranilast is an antiallergic drug. It was developed by KISSEI PHARMACEUTICALS and was approved in 1982 for use in Japan and South Korea for bronchial asthma. Indications for keloid and hypertrophic scar were added in the 1980s
Whichever way you look at it:
COVID19 is a respiratory disease
It causes pneumonia in some patients
Pneumonia can cause fibrosis
NXP002 is designed for fibrosis
The potential fibrosis market is getting bigger by the day
I've been a follower of BIDS for a while now. I watched it sky rocket from the sidelines up to 40p, taking a small dabble around 30p before selling a short while later
Despite this meteoric rise and fall, I still actually think this is a novel and groundbreaking idea that will come good eventually, its just a shame the way the idea has been executed in these early stages, with JD's incessant ramping on podcasts to create this spike
Sentiment is on the floor at present and we await some proof of concept in the form of revenue and profit. I'll be watching and waiting, probably with a lot of others, to see how the next few weeks unfold.
BIDS remains on my watchlist