RE: Results come out on the last working day of the month, which WILL be Friday this year ..3 Oct 2022 10:49
I am expecting a better week this week, not just here but in general, have to admit last week was something special! It was a good update from Hemo but it came with the backdrop of:
"Liz Truss has done more damage to the British economy than Brexit, the war in Ukraine, or the pandemic. And she’s done it since Friday" - Richard Bacon
Last week also saw the annexation of multiple parts of Ukraine while at the same time Putin was getting absolutely humiliated on the battle field raising the prospect of perhaps a nuclear reaction. Then to top it off we had fears about Credit Suisse going down along with multiple pension funds
NOTHING has changed with Hemo, they remain fully funded with no need to raise or dilute until after they go clinical.
They have multiple pipelines each with key milestones which could now occur at any point in the coming days/weeks/months, no clues provided.
EVERYTHING has changed with the macro environment.
The 2 clowns in government have backed down from the 45p tax cut
Inside Russia and the shift is on to try and assign blame to insulate Putin, no mad rush to escalate(probably because they cannot) - Side note, I was very worried about a nuclear WW3 until recently when I started reading up on the arsenal of Russia. Bottom line is MOST of their nukes require Tritium, without it the yeild is tiny in comparison. Tritium must be replenished every ~10 years, HOWEVER it is hugely expensive and the military brass seem to steal everything even if it is nailed down.... Given the fact they are finding foam instead of explosives inside ERA, have out of date MRE's and the weapons are all rusty there is a good chance most of the 6000+ nukes are ineffective and just will not work. One is too many, but seriously who thinks Putin will have more than one chance to launch?
Bottom line is we have jumped from Covid to Ukraine to Inflation and cost of living crisis and now the idiots at No 10. trying to leave scorched earth before the conservatives check out for the next decade.
STILL. Hemo are valued at 12m..... TWELVE EFFIN MILL... With a portfolio that I S417 you not could be worth BILLIONS in the coming year. Just one single thing has to deliver, be it IND and going clinical, a partner/licence deal for anything, even a grant and we will shift. Any sort of licencing deal will come with multiples of this mCap, its a utter farce and a joke. It would matter alot more if the company had to raise as dilution can destroy shareholders as we saw with the CLNs, but unlike many other small caps out there, Hemo are already funded.
End of the war, bounce in the economy, IND, Licencing deal, Grant, Partnership for CDX, results for CBR, a single mention of Hemogenyx anywhere in relation to the Whitehouse Biodefence program or the Moonshot Cancer program.
The waiting is frustrating, but everything comes to an end, this period of waiting will too.
#InVladWeTrust