RE: Clinical Hold16 Aug 2023 16:32
Extremely unlucky, if you want to see the silver lining if it was a genuine issue then it had the potential to cause harm to patients which would have been a much more serious CH once they are in trials so they dodged a bullet. But I am not going to lie and say I am not disappointed by the delay, I like the rest of us had hoped to sail though IND submission with no objections. As for ABDX, I have not said much about your investment there, I was very wary of your investments in the likes of NNN and others, but that was over a year ago and I cant really remember all the names. But if you want to have a sensible discussion I am happy to do so.
Why do I think Hemo is a better investment than ABDX?
ABDX - mCap of 17mil, good solid company, manufacturing and selling various tests, I have nothing against them but they make tests that have to be manufactured, tested, shipped etc. If they get a contract for £1m they will have 600k of costs associated. If they got a contract for £100m then they would have to scale up or outsource, which would require immediate cash raise and the actual profits would be maybe 10-20%. They cant just explode and do 1000% on the SP over night because of the nature of the company.
Hemo - mCap of 17m, not revenue generating, not clinical. They sell nothing, the valuation is 2x cash in bank, they are valued as a pre-clinical R&D risk small pharama. They CAN explode and do 1000%, EVERYTHING that Hemogenyx own is IP, the ability to sign a piece of paper and licence THEIR technology to a big pharma. There are no big expansions due, no building of new facilities or hiring of staff or bidding for contracts. Tomorrow Hemogenyx could licence CAR-T for 500m (NOT SAYING THEY WILL), They could licence CDX for 100m (talks are ongoing with someone, just dont know who or how long will take).
Do you get that HH, Pingu, Lunus, DrA, myself and all the rest, we are not here because we want to see Hemo ramp up 5-10% or get a contract to sell CDX sticks in Tesco? This is all or nothing and the noise with trading in between is just that noise. CBR is potentially worth BILLIONS and Hemo is valued at 17m. I honestly dont think you appreciate or maybe you just think we are delusional? Whatever the reason when you criticise your posts come across as just confusing and nonsense because we genuinely believe this is worth 50m, 100m, 500m, 1bn etc. Well done, its still 1.5p and yes congratulations it has not delivered YET. But I and others firmly believe that one day they will deliver, it will come out of the blue and this annoying period of waiting will be over.
Nobody is asking you to believe us, invest your money wherever you want, but if you dont believe in the potential what the hell are you doing here??? Yes I believe this SP is bloody nuts, Yes I believe its unsustainable, Yes I believe this will re-rate hard, fast and without warning and when it does it wont stop to take on passangers.