@Sam15 Jun 2020 14:24
Sam, whats happened so far today actually bodes VERY well for Hemogenyx.
The RNS was fantastic news, but lets be honest you, me, lots of other investors knew everything that was in that RNS. We have done the research and nothing in there was a surprise. So we investors neither panicked to sell or panicked to buy, we have by and large our holding and not looking to add or decrease in the immediate future. So a small rise on the RNS had ZERO impact on many many investors.
So why be happy about the RNS?
That RNS, like a few of the more recent RNS starts to firm up how Hemogenyx sits with Orgenesis and the BioDefence platform, it does not go so far as to restate the 12% royalties but they have basically said, "We are working with Orgenesis in their recent announcement based on this previous agreement, go read if you want details"
It also confirms that progress is still ongoing with regards to a Covid-19 severity impact test and a treatment for infected patients. Given the more and more likely second wave which is likely to be bigger world wide Covid may well end up being a surprise win for Hemo, but thats not why anyone is holding.
The RNS has NOTHING for us investors who are holding as we figured this all out ourselves, but what it does do is open the door to NEW investors who will just shrink that pool of free float shares available to the traders more and more. We are up, we are in the blue, we have right now more stock in investors hands than we did Friday.
This is nothing like the previous spike we saw which was disastrous.
Hemo investors are becoming investors, holding for the big announcements, the big developments not daily 5% swings.
If we maintain slow steady growth until MAJOR news is released then we will all be happy, but until then take this as one more RNS that you can use as reference to doubters, short sellers and traders who just want to hurt the SP.
If people keep on saying Hemo are not involved in the Orgenesis BioDefence platform or are not entitled to 12% of the revenues, just call them a clown and refer to todays RNS :P