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I think this will close at 4.60 ......any other thoughts today?
Can't be bothered with the trolls
Great News, happy that I invested, when I did :)
Goodluck to those who had the faith :]
As they say Patience is a virtue
Best Wishes Karl
Yes I think at these prices it very attractive for any potential take over.
I believe also any recovery will be extremely fast but we must not forget there is also risk of the share falling further. But my thoughts it potentially at its rock bottom price .
Best wishes Karl
Hello New Uncle.
First off all having lost loads of cash on a severe gamble, I have now calmed down severely looking for not only the positive aspects of a stock but also the bad .
The positive :Positive Aspects:
The company has licensing deals with leading developers like Sanofi and AstraZeneca, which could deliver up to $800 million in milestones2.
It has a robust cash position, with a runway until the first quarter of 2025 based on current cash burn rates.
The company has a reputation for unique expertise in Drug Discovery, attracting world-class partners in the pharmaceutical industry3.
The company’s CEO, Dr. Clive Dix, has stated that C4XD is in a strong position and is excited for its future.
My thoughts always consider the cash burn , it cant trade with no money
Just bought in today ; wanted to wish you all good tidings for the new year .
Best Wishes Karl
Just bought in today and wanted to wish you all good tidings for the future .
best wishes karl
Hi Neil yes your statement echos my concerns.
We hold our breathes and wait
I believe this share is being manipulated by either an individual or small group.
I base my thoughts on yesterday events
Well , I see some investors are trying to drop the price with large sells this week. But fortunately the share price is rising steadily.
Question is at what price will it rest ?
5 pence ?
6 pence ?
12 pence ( a bit ambitious?)
A big sell but the rise continues. Let's hope it continues but neutral either way .
GLA
The sells have currently outstripping the buys but the share price is rising? Why ?
My intentions are to buy or should I say I have been buying but not that much
Well this is moving, may it continue to do so :)
GLA
@Jamrock After carefully considering your previous statements about company takeovers or buyouts, as well as the current share price, I have realized the importance of assessing my position and deciding on the next move for Penny & the posse.
First and foremost, it is disheartening to see the decline in the share price. However, it is essential to acknowledge that MHC Plc does not have any historical data or a record of a low share price.
In terms of risks, there are a few factors to consider:
1. Further consolidation of shares: This seems unlikely as the company has already undergone consolidation and repurchased shares.
2. Possibility of the company buying back shares to increase their stock: This strategy may be pursued if the company is still profitable, which would make sense.
3. Potential buyout by another company: While this remains a risk, it is improbable given the CEO's plans for the company.
These are my thoughts, but with 52 million shares , and company on profit , I feel happy
Re invested in this morning. I liked the rns, it does sound promising
You know what be great is either a share buy back or another consolidation.
Imagine 8 million pound of profit with 25-30 million shares in play.
Acquisition are extremely dangerous with skeletons in the cupboard x
The low share price can be attributed to the lack of historical data available for prediction. Instead, what we have is a sense of caution and careful financial management.
However, I am optimistic that a special dividend is on the horizon. This assumption is based on the logical reasoning that comes with share buybacks and consolidation.
Forget Black Friday sale the buy price at these levels is absolute steal........
But that's my thoughts, if you can't afford the risk don't do it....or don't embarrass yourself later by complaining
@Jamrock Although it is disheartening to see the share price drop from 28 pence to 10 pence, it is important to consider the context in which we arrived at this point. The consolidation of shares, with a ratio of 13 to 1, effectively reduced the total number of shares from 750 million plus to 52 million.
This strategic move has the potential to create opportunities for special dividends or rewards for our valued shareholders. It is our hope that this consolidation will ultimately yield positive outcomes and benefits for our investors.
The opportunities are potentially buying shares at a very attractive price
Could someone kindly provide me with an update on the current balance in the company's bank account? I seem to have lost track of the exact amount. Thank you in advance.