Member Info for JustHereForHemo

I would be alot less confident if Hemo was a one trick pony but I am really just playing the odds here.
First in terms of imminent news I am almost certain to be correct depending on how you read it, Hemogenyx in their results stated: "The collaboration agreement, originally scheduled to complete in late April 2020, is being extended by a short period due to the impact on GlobalCo's operations of the novel coronavirus, following which Hemogenyx will either license the antibody to GlobalCo or will in-license GlobalCo's improvements to it on favourable terms."
And given they did not qualify the short period as "Delayed to later in the year" or "several months" or "Put on hold" you can safely assume they are stretching the credulity of a short period. So either we should expect an update stating its still delayed and some sort of explination or news of the actual agreement, one way or another we should hear in the next few weeks. I just cannot accept they think months would be acceptable as "short period" but I could be wrong, its just my opinion on that matter.

Re the rest of my confidence, I have watched the presentation from the Isreali scientist, I have poured over the Orgsenisis presentation, Hemogenyx clearly are a very active partner there again, and expect news on that front. Then there is the demand for humanised mice. Quite frankly right now with 100's of potential cures and vaccines floating around all needing testing any company making humanised mice will be able to sell them all, as many as they can produce for a hefty profit. Even if that was all Hemo did we would be safe. If we can sell ours at a premium so much the better!

You go from one board to another and everywhere its either panic selling or panic buying... Its as if on here you think businesses are run like a stock floor... They are not, they are slow and methodical.
Someone pointed out earlier that Omega are now looking to hire 20 members of staff in relation to production, think about that for a second:
1: They have confidence in long term production and require 20 members of staff, thats a considerable investment and only of value if you are confident of getting orders to make use of those 20 members of staff.
HOWEVER
2: They are looking to hire 20 members of staff, that means at a minimum CV stage + 1 interview, maybe 2 interviews and at each stage thinning the pool of applicants. Once 20 are selected and hired there will be on boarding and training. So at a MINIMUM you are talking a month to get these people into place.

So all this panic about buying or selling RIGHT now in the NEXT hour is emotional hype. ODX is not going anywhere, they look to be making good progress, but you cannot expect ground shattering news every 5 minutes in this or any other share. Weeks are fast in business, there was a day when to buy a share you rang up and it appeared in the post as a paper certificate. To sell you had to post it off to a broker to sell for you. These days you have traders buying and selling the same share 20 times a day!

Take a CHILL pill ODX will probably go lower at some point, it will also very likely go much higher. If your an investor just relax and walk away and be happy with your holding, panic selling just realises a loss if your behind, hold and you will recover. If you want to buy in, pick a number your happy with, place a limit order and walk away.

Any reason for rise to 10p? Yes
Previously this was pretty much just an R&D shop, they were working on some fantastic work and had a patient in the US that had massive potential. But that was it, potential. Had say 1 year ago Dr Vlad and the team walked away, resigned, decided enough was enough then Hemo would have been worthless. So SP was hard to value on potential when that potential is driven by human effort. As more and more news came forth that actually Hemo now have value in its own right in regards to products, licencing oppertunities, patents and treatments the rampers jumped onboard and suddenly we started to see it being bought because of the huge potential. Unfortunatly we had some pretty big players deciding to sell at the peak and there after to clear loans, take a slice just to buy back in again which is why we dropped from 15p so fast.

The news, or at least a small part of the news is due IMMANENTLY, its already late and has been due for some time now. Personally I am staking my entire net worth on Hemo and alot of my investment is from borrowings against a HMRC Vat bill I have to repay and my money is news within the next 8 calendar days. But there is an excellent chance of news even before that.

If it drifts even further down I will probably find myself taking a penalty with a cash LISA (Think its been reduced for the next few months so not as bad!) just to get more to invest here such is my faith.

We dont actually know who uses Hemo's humanised mice it has not been released yet. Plus not to burst any bubbles but there are more than Hemogenyx doing humanised mice, its just that our mice are better than everyone elses but there are other companies producing and selling humanised mice. That said the fact our mice live 100 days makes them so much more useful than most others so if Hemogenyx wanted to quit everything else and just focus on breading and licencing out their mice then they would still be a huge success.

I am sorry but where exactly are you reading that a company has to report every single day to day activity that may have an impact on SP? Thats just blatantly false. If they had signed a massive contract and there was risk the information may leak then yes they would be obliged to release details of that contract. But if they are in the middle of negotiation, or not yet signed OR a condition akin to:
"A company can also hold off if putting news out would prejudice its ‘legitimate interests’. However, it needs to ensure it has taken steps to keep the details confidential." Then NO they are not legally obligated to release price sensitive news just yet."
What you are referring to:
"Listing Rules. The key Listing Rules affecting business updates are in the box "Key UK Listing Rule obligations". In summary, issuers must notify without delay major new developments that may affect their business if the development may lead to a substantial share price movement. Issuers must also notify without delay information concerning a change in financial condition, performance or expectation of performance if the change would be likely to lead to a substantial share price movement."
Major new developments would in this scenario be the signing or completion of a JV, partnership deal, contract etc. If the contract is still in legals, not yet complete then it will not be a new development YET.
There is MAJOR restrictions in terms of protecting the details of potential future news and massive penalties if any insider trading rules are broken which would mean if this were the case you would expect say ZERO news coming directly from Hemo just to cover themselves, total lockdown on news releases and no directors allowed to trade in shares. Funny we have not seen any director trades nor have we had much news....

If your referring to me, I defiantly am not a shorter, I dont have a penny left to buy or short here I am afraid :P
I only posted to counter Trevor who I noticed had posted the 8p comment, a very quick look at charts shows that is just not realistic. IDK alot about this company itself as I have not taken the time to research which I would if I was looking to invest or short. But what I DO know is that if you look at Trevors history it speaks volumes, he might aswell copy + paste to every thread "SELL, Over Priced, Has nothing, Going to 0p".

They can certainly delay by a few days or slow play signing a contract or too if they so wish. BIG difference between that and say signing a contract in April and waiting to end of may to announce the contract was signed.

I am not going to buy back in here because my money is tied up elsewhere, i had a little and banked a good profit so I am happy with that. What I would say to novice/ new PIs if you have a good profit here dont be afraid to sell a small amount to pay off what it cost you and enjoy a free ride. Whilst there is probably good news on the horizon and good things will happen unfortunately in todays market if it does not happen in the next few days the rampers will bank their profits and move on.

There is HUGE amounts of money being traded on shares chasing the next unicorn, different shares getting ramped all the time and the money will follow. So if you truly believe that the CEO would issue a speeding ticket just for a major SP boosting RNS the following day then by all means hold everything and enjoy the ride. If you feel perhaps it will take a week or so then take a slice and reduce the stress.

Like I said I have seen and ridden though the ramping experience in a different share, I am NOT saying sell, or predicting SP will rise or fall because I dont know. All I can say is that beware the rampant profit takers, if enough want to sell and move on it makes no difference what news is due in a week they will pull down the price, likewise they could pull the price up to £5 if there is enough sustained news/ramping(legitimate or not)

@Manifesto + Others I think there is some confusion, I like some others fully and 100% agree that the vote is pretty much a done deal. HOWEVER it has other implications and I will detail just 2:

1, The 2.5m funding is not iron clad/final/available to Hemo until after the vote - it is POSSIBLE that there is one or more contract/partnership/deal etc that is contingent on that funding. IF that is the case then that signature could not be inked until the funding is in place or the contract may not come into force without the funding which means that it could not be released as news UNTIL AFTER the vote. I am not saying there are deals that are definitely contingent on the funding nor am I saying there are no deals that will be announced in the next few days, I am just saying the funding COULD be a condition for a pending agreement.

2, Optics - Whilst the BoD are under no obligation to do so they COULD given the instability of the market recently delay any pending news until closer to the AGM to reduce the chances of the AGM occuring after a peak when SP in a downward trend. Again the only reason would be to make the AGM a much more attractive hold for the placing investors.

Beware, alot of the bounce could be limit orders people put in before the RNS just incase. GLA, I cannot predict whats going on with this share could be amazing could be a car crash but either way enjoy the ride!

Made it out at 60p so up on the day, this is painful I should have sold earlier >.<
I can see it going below 50 because of lack of confidence unfortunatly

@Spurs one day the answer will be the same...

Tbh its already been too long to qualify as a short period, if it was going to be 2-3 months + that puts you into a new financial quarter and you would expect them to have said "Due to coronavirus the agreement has been extended to Q3 or Q4 or even later in the year". Short period means and should mean weeks, perhaps a month.
You can only imagine that this length of a delay means that the original collaboration agreement has had to change, if it was just a case of, oh we are just flat out due to covid then a few weeks extra would suffice. Instead you must assume that Covid-19 has thrown new opportunities to the mix and where before it was just a CDX deal its now expanded to include cooperation with Covid activities. If this turns out to be true this is EXCELLENT news for Hemo. Regardless if there is no news on or before AGM there must be at a minimum an update on the timeline or an explanation for the delay.
Either way, the news is coming and its either going to be good news or fantastic news. Difference between a BMW and a Tesla 3

Short Period = A period which is not long.

Not that there is any risk of the vote not passing, more of a political issue, it would be very very bad image for the vote to be passed with the SP below the Placing price. I guarantee the BoD would feel alot more comfortable going into the AGM with a premium of 20%+ on placing.

Could get an update at any time, however potentially there are other contracts which are dependant on the funding, Its not unrealistic for there to be agreements etc that are all dependant on the 2.5m from the placing so cannot be released before the AGM.
Likewise if there is news they can/could release holding it off to 1-2 days before the AGM is likely to enhance the SP going into the AGM for the benifit of the placing vote and investors

No doom and gloom, just a realisation that we have to wait days rather than hours for news :P
Nobody likes to wait!!
I am confident we will hit £1 within 12 months I am also confident that 2021/2022 we will look to be bought over by a big pharma who will want our tech and patients. At that point an offer put on the table will be significantly higher than the SP.
BUT AGAIN thats NOT in the next 6 hrs, nor is it in the next 6 months. That being said, if we happen to have secretly developed and tested a cure or test for Covid-19 and get rapid approval by the WHO?????

If your willing to wait a year until we have the CDX partnerships all tied up, some results from teh hospital trials, some successful patients after Phase 2 trials with the Leukaemia treatment, perhaps some results with regards to covid-19 collaboration etc then no, £1 is massively pessimistic. If we become the target of a takeover having achieved a few key milestones and proven the worth then you will be talking £s not £. But again, that is probably 2021-2022 territory and based on successful results which is not guaranteed.

The AGM is NEXT WEEK. One week.... Can see Hemo being unable to update until AFTER the funding is in place and the placing vote is passed. I would love news this week but realistically we are talking next thursday or friday before there will be any big news. As people realise that I would expect alot more buying and holding as we get closer. People who sell now BEFORE news need their head examined!

Even the de-rampers on twitter have now accepted 7p is the bottom and bought in.