Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
Exactly IPA, MMs were not involved, we had one shareholder happy to sell 500k at 3.9 and another happy to buy, mutually beneficial and IMO great that we are at that point now. Maybe the buyer would have paid more? But then maybe the seller would have sold much lower to an MM and knocked the SP down, or maybe not and would have held to sell on news? Either way, personally, I am loving being on SETS :-)
And Pumpkin, you must be a blast at parties, always looking for something, anything negative to say, its really sad and pathetic, give it up and stop being so miserable. Depression is real but end of the day you are choosing to be as negative as possible at every turn, nobody is forcing you, unless you sold and are waiting to buy back at 2p :-D lol!
I was busy replying and it got removed so not sure who posted it... But seriously dude, if that does not raise red flags for you then ok.... A CEO tagging their own company in a tweet saying we are going to sign and then RNS....? Its a cynical pump attempt either to raise funds for the JV or to make the terms more favourable to them, Either way the FCA are bound to slap him with a fine, but yea, good luck..
Micky I am not judging, there was a 500k limit order sitting there at 3.9p to sell, it got matched and taken out, this new SETS is great for transparency. The fact is 3.9p was good enough for someone to sell half a million shares and there are several other decent size offers sitting there. We are just churning shareholders here and that is healthy and fine, this price is just "good enough" for some to sell and low enough for others to buy. Honestly cannot complain about whats happening on the trading side. The trend is up, small incremental rises each day suits me fine :-) Hours or days.... The FDA have not got long left! The one good thing about it taking so long is this SP, a month ago I was thinking 8-10p on IND would be fantastic, but given we are seeing a fair bit of trade above 4p would not shock me to go north of 10p on IND now.
Your 100% right Pumpkin, you have ATLEAST 2 weeks!! IMO you should sell up and quickly go trade HE1 :-) Easy bag and you can come back in a week or so before any RNS!!!
The RNS was dated 7am on the 16th GMT, at which time it would have been 2am in New York, the 15th was a public holiday and the 13/14th were a weekend. The FDA acknowledge receipt of applications and responses which normally would be the trigger for an RNS such as this which because of the long weekend PROBABLY would have been received on the 12th. 31 days in January means the logical response window for the FDA is 11th which is a Sunday so that gives Friday 9th which is last working day inside that 30 day window. Historically they have not left such things to the very last minute but who knows maybe they will....
In all probability the next investment will be prevail at a pre agreed price, so delaying rns for ind would be pointless.
Lol, I have an incredibly short attention span, I am sure there are those on here who despise me, but personally? I'd like nothing more than to meet HT, pumpkin, stu and even 121 some day for a drink and Bury the hatchet, life is incredibly short and it's so exhausting trying to bear a grudge, and I'm lazy 🤣😂🤣
Np, I had to check myself, to be sure!
HT that is in relation to the IND, for a Clinical Hold Hemogenyx MUST wait for a response:
An IND applicant may not proceed with a clinical trial on which a clinical hold has been imposed until the applicant has been notified by FDA that the hold has been lifted. For additional details regarding procedures related to clinical holds, see Guidance for Industry: Submitting and Reviewing Complete Responses to Clinical Holds.
Pumpkin are you genuinely this slow?
The FDA acknowledge response of submissions, it doesn't matter one iota what day it was posted, could have been posted fortaillyteen days ago and Hemo still wouldn't RNS until FDA acknowledge receipt. So when can we expect a decision??? Anytime! The 30 days should run out this Friday or Monday morning. They didn't take 30 days to impose a clinical hold and do a full review last time so yes ANY time now.
Already into injury time : p
You really don't get it pumpkin do you..... they can't just stick in the post box and whack out a RNS.....
They have to get an acknowledgement/receipt which no. You can't get on a Sunday or if offices are all closed for holiday.. and it's 30 CALENDER days.
Honestly this stuff is all available via Google.
Was that you pumpkin?
100% agree, leverage is dangerous and anyone shorting now? Good freaking luck!
Oh, to explain WHY we should care...
Before today the only orders on L2 that were considered for the spread were those placed by the Market Makers. Lets say there was only one and it was PEEL and they set the bid at 3p and the ask at 4p but I for example had a limit order to sell at 3.6p and buy at 3.4p, my order would be ignored until auction a few times a day and generate MAYBE a UT if someone placed a matching order. The share would show a really wide spread and people would end up matching for worse prices against PEEL who would be in total control of the displayed price. Now? Orders WE place are considered as live market making positions, if you want to trade you can place a live offer and if its better than the MM it will be filled before them. IF we start to move up significantly and the MMs go NT to sell or buy? You can place a DMA order and it will be treated on par with the MM. If people really want to buy the MMs have less control, if people really want to sell again the MMs have less control, for an illiquid share with bad news etc that removes the safety rails and lets the SP tank harder and faster, but for Hemogenyx? It removes the handcuffs and allows us to really move when the RNS lands.
Ahh!!! Explains it all! Fantasic news!!
@Dvaie, I think PBB made a typo, Hemogenyx was on the SETSqx trading service, its for less liquid and smaller companies, easier to hide whats going on and manipulate. Looks like Hemo is now just on SETS, here you can read a little:
https://www.shiftingshares.com/sets-setsqx-seaq
But between that change, the NMS block sizes being decreased and the increased volume and visibility we are seeing?....... Things are getting interesting and in a good way :-)
PBBTRADE99 - Thank you for pointing it out, seems obvious now you highlight it but I thought the whole L2 report on here was just messed up!
I have never seen Automated Trades here, and I also noticed that PEEL is dropping down from the 150k NMS offerings. We used to be at 50k before the CLNs tanked the SP, its a sign that with higher SP and risk of sudden movements and news the MMs are less willing to play games or get caught out and as such are getting serious. Its a good sign, the days of buying half a million cheapies for 2p ea are over, as the SP goes up the size of trades should go down but values go up. Leaves those LTHers with sizeable pots in a pretty dominant position. I can only speak to myself but I hope collectively we hold what we can as long as possible :-)
Im feeling like a late party crasher here no! I didnt even know about Hemogenyx until 2018 :P Been a long 18 months waiting for Clinical Trials... And the completely wrong product lol! But that time is finally within out grasp :-)
No confusion, we are here to watch hemogenyx move from:
Pre clinical
To
Clinical
50mil mCap is absolutely key IMO to this share, I think it is calculated on the mid price and its 4.3p so we have a little way to go yet, but its within touching distance now. 50mil mCap + clinical...... mhmmmmm
And seriously, on open someone thought "I know, no RNS lets sell and short!" Clampits :P