Anyone thinking that article was a rumour is wrong, they were very specific details of agreements being discussed or even agreed. Someone very close to this info has tipped off the Times and the Times would have seen some evidence to corroborate this exposé, or they would not have gone to print.
Don't forget this from RNS 22/03/19. 7 months ago, "I look forward to providing a more in depth perspective of the strategic partnering plan in the very near future."
"Gut feeling is it could drift back down to 10 until news actually"
Not sure about that. If it was a rumour without specific figures, then yes, maybe. But this is altogether different. It's the numbers that are the stellar part of the article. Those numbers take NFX from a £50 mill mcap to a £ billion mcap, we're not talking about a 10% rise, we could go from 12p to £1 in very short order.
I'm going to be really generous on cost, say the company increases costs to £50 mill and revenue from just Japan is £200 mill, the a p/e ratio of just 5 gives an sp of circ £1,70
"45p placing anyone?" No,,,,,,,,,,,, we're at 20p for a reason, the market is a filthy place. Placing will be closer to 20p than 40p. Seen this so many times.
"If this is confirmed and the big short of this is true, can you imagine the fireworks :)" Not sure about fireworks, but they will need to stock up on Andrex or request a very tight analpipe plug.