RE: Timelines16 Sep 2021 14:08
MrIndia, having spoken to both Lunus1 and taking the time to make a phone call.... Its really really difficult to put a timeline on anything.
If Global Co want to sign CDX tomorrow it would happen, if they want a change, Hemo will drop everything to respond. CDX is out of Vlads hands, nobody at Hemo is likely to be able to give us an exact date when they will sign because its in the hands of the big fish. Zero doubt that it will be signed, but timeline? Nope, only heard that its "dot the I's cross the T's, agreed but not signed"
I have been told that Interim results are due very soon, 30th last year and year before but they were working on them the past few weeks so they could be early this year, god only knows. Have a read of last years for some idea of the level of updates provided:
https://www.lse.co.uk/rns/HEMO/interim-results-for-the-period-ended-30-june-2020-b06ztthp5srafpc.html
Apart from that its my understanding that there are other updates likely but the big ticket items like CDX, CAR-T, CBR, even Hu-PHEC, everything is depending on third parties.
I get the frustration, I am way ahead of most in terms of peeved off waiting'ness. But rather than just complain when I get like that I ring up or do a little research. This is not like an oil and gas company with year on year increase in revenue, or a gold mine digging in an area with known reserves hoping for better than expected results. Its not a manufacturer of masks hoping to sell 5mill masks with 0.5p profit each. Hemogenyx is an ALL or NOTHING company, if CDX licencing deal is as good as expected it goes from pre clincial with nothing to a clinical company with massive product wanted by Eli Lilly, likewise with CAR-T or CBR. It wont be a slow steady climb when or if the product hits. Deals are done behind closed doors, by the time we know its too late to invest. People are trading the share and making a few quid, well done them, they could do much better on something like WSBN where I have made almost a grand in a few days playing the swings.
Either you believe in teh company in which case, as hard as it is, just believe in the science and have patience, or if you dont believe then the company is worthless because they are nothing without the science so sell. Its a binary choice, I am 100% committed to holding this stock.