Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Of course Hemogenyx need millions, that has never been in question, what is in question is the urgency and nature of any funding.
CAR-T related what is the urgency? They have a stock pile of Lentivirus and 2 clean rooms and the staff to produce HEMO-CAR-T in house. They are doing one patient at a time so not seeing much urgency there. However prevail will want to know funding for the trials is secure in advance of starting trials, given prevail partners don't invest in pre clinical traditionally and now hemo ARE clinical... its not a stretch to guess they will invest to cover the CAR-T trials which honestly is not that much.
HOWEVER... CBR, hemo have IN VITRO results against measles, cancer, covid, ebola family etc. They have IN VIVO results proving programmed immune cells are found in animals after treatment. So the next step is to challenge animals with CBR and live viruses. Ebola etc? Probably free I would assume as its government facilities, cancer? If they test this one would assume they can do this at any of the facilities but still going to have to pay. Same for Covid CBR. Its going to be expensive to find facilities to do IND enabling studies with live animals and live Covid19.
Add to that operating costs of a few million a year and its really not unreasonable to imagine the company need or rather WANT to raise 10-20mil for the next year or so.
But the bottom line is with the recent EXCEPTIONAL good news Vlad is in a position of strength. He is not desperate and forced to raise funds at a discount as much as some might like to imply. He has time AND options, now he is clinical there are grants. There is non dilution loans, there are Joint Ventures, partnerships, PIPE investments. Vlad is the largest shareholder who has now "won" any assumptions he is going to "screw" us AND himself now? Is just groundless.
Some traders sold on FDA having bought from lows expecting a heavy fall, then ANOTHER RNS and forced to start shorting, ANOTHER RNS and selling has run out of steam with ALOT of sells but SP STILL up. Vlad has done a fantastic job and the company are in a position of strength, if people want to ASSUME the worst because that's what happend in the past? That's fine, it's your money, I'm going to put my faith in Vlad to do what's best for the company himself and by extension, me.
Few more:
https://www.jnj.com/media-center/press-releases/janssen-enters-worldwide-collaboration-and-license-agreement-with-cellular-biomedicine-group-to-develop-next-generation-car-t-therapies Phase 1 245m up front
https://legendbiotech.com/legend-news/legend-biotech-announces-exclusive-global-license-agreement-for-certain-car-t-therapies-targeting-dll3/ - Phase 1, 100m up front and 1b in milestones.
Please take it up with SP Angel who have done similar, not hard to google Clinical Phase 1 or PRE-clinical Oncology and things like CAR-T or bispecific antibodies etc. If you wish to go find companies similar for a lower mCap please dont let me stop you! Also while you are doing that look at the percentages of ownership of the IP, amount of debt, warrants issued etc.
And then if you wish you can easily find licencing deals for CAR-T treatments, you can find licencing deals at NDA level, Phase 1/2 and 3 and pre-clinical. Again I would invite you to find any CAR-T oncology related licensing deals where the valuation is LESS than the entire mCap of Hemogenyx. It is not rocket science, if the majority of licencing deals are in the 500m -1bn range for CAR-T in oncology and Hemo are valued at 35mil... there is a bit of disjoint there, not sure how you can argue anything different? These are numbers that everyone on this board can validate themselves. You might say that some are at a more advanced stage? Fair enough, but explain how so many pharma are attracting 100s of millions at pre-IPO/pre-clinical stages: https://www.insights.bio/cell-and-gene-therapy-insights/journal/article/482/Unlocking-the-therapeutic-and-commercial-potential-of-CAR-T-technology
Anyway, your entitled to your opinion, I will stick what I can justify, I cannot justify this SP, I can explain it by the lack of PR, lack of sentiment, concerns over funding and sizeable short positions. So like I said, I hold and I add and now I go and make dinner.
And Stu, I am not in the mood, if your back lets not start a big back and forth! As I clearly stated the opinion of the VAST majority backed up by the peer valuations is that Hemogenyx is significantly undervalued right now irrespective of the fact Phase 1 trials may not be successful which we are all fully aware of however there are many many phase 1 companies at 300m no different to Hemogenyx except the price. Hemogenyx has the bad sentiment, bad PR and some worries over funding, but fundamentally remains massively undervalued. Vlad has had alot of bad press over the last few years for lack of updates etc and IMO he really has shone in the last few months, having got FDA approval the progress and updates on CBR and CAR-T have been first class and I think he deserves alot of praise for that.
If you are talking about the shorts? its not opinion I am reading directly from IG.com and IB websites. I do my best to provide links when I post my opinion to justify it, people can make their own minds up.
Thankfully alot of speculation has been killed in the past week and the last half dozen RNS's have removed any need for guess work or empty words. The company ARE clinical, they will be announcing start of trials soon and CBR sounds like it is a game changer. People understandably have some questions around funding and if they think the answer will be detrimental to the SP and company then they are right to sell and stay out. Its my opinion the funding question will be answered in a positive nature which is why I hold and have added shares. I suspect we wont have much longer to find out which scenario is correct.
Was actually coming back to apologise to you Micky, we have had a good relationship over the years, sorry for insulting you, I do stand by the fact that your negativity has 100% not helped anything but should not resort to name calling. Incredibly tired with a family full of very sick kids atm so my head is totally fried! Oh and Pumpkin it was 10p then bought at 9p like a few weeks later and I felt sick as a dog the entire time I was out, it may well have been an successful trade but I did NOT enjoy it.
Like clockwork there is Mrs sour pants, Why for the love of god do some people hold shares and literally do nothing but post as much negative noise as possible? If your shorting I get it, if your posting ACTUAL content like "I am worried that XYZ might do this and would like people to contact the board about ABC" then I get that too, something constructive to HELP your investment. But nope, pure and utter sadomasochism which dont get me wrong, cant beat it in the bedroom (or can you...) but holding a share and trying to hurt the reputation constantly on the single board that actually covers it? The 2 of you are bloody idiots!
All done, go about your trolling, got it out of my system :-) Have a GREAT day :-)
micky, with all due respect, grow up.
everyone including many experts in this field, some who post on here and have deep connections in this field in companies worth 10s or 100s the value of hemogenyx have clearly stated this is massively undervalued. if you dont think its undervalued then why on earth are you here? what is clear that over the years we have attracted many people like yourself, pumpkin, mr india, stu, ht and others who have spent considerably more time attacking and ****ging and keeping this board a swamp than anything constructive. some have realised that the company is actually doing good things and have toned it down.... some have not. what is clear that sentiment plays a big part of hemos fortunes and those in that list over the years combined have only ever helped the trolls and traders who have never wanted hemo to do well, so perhaps go and look in the mirror and ask are you part of the problem or part of the solution. because maybe so many people are saying this will re-rate because this sp is wrong. if you think myself or any of the lthers are pump and dumpers then grow up, i am here because i actually believe this company will do very well in the very near future, i have been here 6 years and will probably still hold hemo in 6 years if they have not been bought over by then. but there is nothing more annoying than shareholders that have nothing but negative cr@p to post with zero substance in a share they are supposedly supporting by holding. its like giving vlad a slap in the face, standing there giving him abuse and still expecting him to work for you. if you want to be a bell end, work away, but have the decency to sell first.
To put an actual figure on the short position, the figure reported on simply wallstreet is 80ish million shares held by IG, so 10% is about 8mil. Interactive Brokers also let you borrow stock, its all been borrowed and they do show how much etc, and its like 12mil. I CBA to create accounts elsewhere to check client lending so really beyond that cant be sure, but its safe to say about 20mil shares short as we speak unless the sites are wildly out of date..... These are shares that traders on those sites have borrowed against other traders on the same site, because the short position is only a fraction of the actual shares held, or its done via CFD/Spread the sites are hedging longs against shorts so there is never an official short position on Otex or anywhere else. But they are still positions that have been sold in anticipation of the price going down, and this is the bit that Pumpkin does not understand, until those positions are closed the SP is irrelevant, they could be sitting on a virtual profit of 10k, but if they try and close chances are they wont be able too without SP moving up cutting into any potential profit or wiping it out entirely.
I have zero doubt that these individuals thought sell on news, SP will tank, can close sub 3p, they probably convinced themselves a huge placing would follow within a day or so. But guess what! There was no huge discount placing and SP has been ticking up slowly and in the next week or so we should hear an announcement about start of trials with Prevail leading the way. Placing or no placing, discount or not, these traders have sold everything and went balls deep shorting and IMO they have went wayyyyyy to far and taken far too much risk. Prevail announce start of trials and a further 6p strategic investment and what happens then?
The argument that the market knows has also proven to be BS at this point, these shorts and selling started over a week ago, IF Vlad had planned to do a public placing at 6p+ which I predicted ages go, his plans have clearly changed, he is not desperate, he needs cash to progress CBR etc, but CAR-T? One patient at a time using CAR-T produced in their own clean rooms is NOT expensive. Right now its a bit of a standoff, shorts hoping Vlad changes his plans and does a discount placing, and from what I can see? Hemogenyx not making any effort on the PR side which would indicate that is likely.
My prediction is this week or next we will see Prevail announce start of the trials and a further Strategic investment at 6p at which point the shorts will give up and 20m buys pushes the SP back up to where it should be. AIMO ofcourse.
Make your own decision micky, if you believe that? Sell and try your hand elsewhere you should be either in profit or even by now.
Oh, and anyone shorting has made a nice packet? Err... no, shorts are open, anyone who is short if sp shoots up loses everything. A short is just a deferred buy, vlad announces a 6p strategic investment?.... or something similar? They are toast.
Pumpkin unlike you I prefer to confront and analyse EVERY possibility head on. Also your lying I did not say that, but whatever, used to it.
My point about a placing is simple. I DO NOT BELIEVE FOR ONE SECOND vlad will do a big discount one, there is no need too with such strength. HOWEVER. if he did, BECAUSE there is so much short stock right now, because so many have stated publicity they are waiting for the funding to be sorted,because that is the ONLY thing people have to attack? Because of these reasons a placing would STILL remove these constraints, shorts would close and SP would rise.
But you go and spin false narratives and revise history as usual, I will continue to hold and counter your nonsense 👍
Well think it's fair to say none of know what will happen this week! But think it's also fair to say we pretty much all agree the valuation now is just stupid and wrong (except pumpkin who never knows what anything is actually worth)... What we do know is between IG and Interactive Brokers there is around 20mil Deferred buys (client shorts) which won't appear on ortex. It APPEARS like the block sells are done, the MMs started moving up Friday and the 400k+ blocks stopped, 100k trades are nothing in comparison.
Traders, shorters and trolls are all waiting for a placing, and while that IS possible it's more likely to see cash coming from prevail at a premium and vlad waiting for sp to significantly improve. Don't forget, Hemogenyx will manufacture the CAR-T in house and have already bought a stockpile of Lentivirus and are doing one patient at a time. Hell at this point worse case scenario if he decided to raise 1 or 2 mil at 3p to see him through to trials and some sort of partnership? removing fear of more dilution means sp should bounce anyway lol. BUT I still don't think he will.
Bottom line? The manipulative traders who short and push us down have been hit with several huge updates and we are still marginally up, there ARE big shorts and we await an update on launch of trials. Bet against hemo at your peril! I for one am extremely positive
Haywain....
"Currently, Moderna and Pfizer COVID-19 vaccines are supplied as frozen and stored at −80 °C. Current literature suggests that lyophilization may allow these vaccines to be stored at refrigerator temperature (2–8 °C) instead of subzero temperature."
In your opinion dies this approach to stabilise rna translate to the likes of the Pfizer covid vaccine? If so is this approach something that can be patented?
.....na lol! Crack on, see you all Monday 🤣
And try and keep this board sort of sensible this weekend.....
The 455k is a buy...
On the subject of Algos... They are getting a bad rap here, HOWEVER let me give the opposite side of the coin, they are acting like Market Makers offering automated trades, on SETS these orders DO get filled and unlike before now they are considered for the spread. Before MMs had total control outside of auctions to set the spread and could restrict all trades, resulting in hard shakes down or spikes with no opportunity to sell. Since the move to SETS? We have not really had shakes, the SP has moved because people were welling to sell/buy, the size available from these automated or limit orders is printed as is the number of shares available.
I dont LIKE the fact the SP has moved down so much since Friday HOWEVER I respect that those with automated trades set up are doing no worse than the MMs and in fact are keeping the MMs honest. If anyone here wants to do the same? Its available via IG.com, declare yourself professional and you can configure your own automated trading patterns, but be warned that comes with risks, in particular if you ever use leverage. I personally will never click that button, the idea of losing millions in a bad trade fills me with dread....
Thats around £100k sold in big blocks, all delayed sells today, yesterday some similar and 1m blocks. Whilest they have been ongoing all but one MM has been stuck firm to 3p on the Bid, PEEL have finally moved and 2 blocks exactly the same time. Can never be certain whats happening/going to happen, but feels like whoever wanted out is now out and on the ASK all MMs are up to 4p. There is a bunch of limit orders still there but overall? It will cut.
Mokeywales - The vast majority have been here off and on with Tilly for YEARS, we are all big boys and girls and the fact that Tilly wants to post about his occasional tipple and rodgering of his missus on deck is something we are more than familiar with. Not sure what your point is? Going on and on about a company which fell foul of the russian war? Whoopie do, nobody here cares.
Tilly, plenty of people moan about me also, best thing to do is recognise they dont do it for the good of their health lol. If someone has turned up and wants to make a drama and shut you up then the likelyhood is they want the SP to drop. Why? F Knows, maybe they are one of those 20m or so shorts or maybe they want a lower entry point.
Who cares :P Just worth remembering NOBODY posts here without a good reason WITH ONE EXCEPTION, god only knows what pumpkin is doing here.
Prevail info are the CMO. They will run the trials, Hemo have stockpiled Lentivirus and the hospital is already set up. Prevail partners are set up to provide financial backing HOWEVER mostly for CBR as per the recent video. Think people fail to realise just how smart setting up thei4 own clean room was.....