Member Info for kernowlad

Unless of course they do know how it looks and are taking what they can when they can.

Still holding as the loss for me would be very large and hopefully the new people can pull some thing out of the bag.

Shatter

it's inexorable so yes I can't see why it won't fall below £2.

The boost from the last announcement is long gone as we don't see any progress. Give them time of course but the market seems to have made up its mind.

Remember the consolidation was supposed to put an end to these wild swings but £15 to just over £2 is pretty wild in my eyes.

OXB not the only one to be decimated as Angle went from £1.50 to 11p when the CEO rubbished the company and the pi's.

All biotecs languishing atm as it is an unloved sector so companies need results to change the sp direction not just aspirations and words.

Market clearly doesn't believe so. Almost 5% again today.

Preparing for the worst!

Well that burst of optimism seems to have dissipated. Back to watching daily drops.

Jackdaw

Certainly stopped the rot for the moment. Long may it continue. At least there now seems to be a plan to take things forward with a timeline and goals so let's hope for better times ahead especially as my average is £7.24!

Drop off from the high slightly concerning. Hopefully only profit takers and not uncertainty about the way forward after the initial enthusiasm.

Who knows but it looks as if I am in for the long haul now

Yes. The losses are horrendous but the jam tomorrow looks promising - break even by the end of 2024 and then profitability.

I am assuming they are confident in their predictions going forward otherwise they would not be buying the European venture.

Market seems to like it so onward and upward?

We are now below the 5p we were when we consolidated. I will wait until Thursday in the (vain?) hope that all is not as ghastly as it seems but my historical judgements on these things has not been good!

Are we in a slow death here?

I know bios are not the flavour of the month atm but we are getting back to 5p in old money.

Hopefully there is a bonanza interim report in the wings on the 20th and they are keeping their powder dry for that!

I know I'm not very good at this game as I should have sold at the top and not sat on my hands and have been averaging down all the way; the last time at 8.6; but I can't get my head around some of the logic on here that the sp keeps falling because people keep buying or want to buy and no one is selling.

Back to the drawing board for me.

Thanks!

There must be something behind today's drop. Seems too large even for OXB on nothing at all. Nothing from the Board though. 20th can't come soon enough as then we should have some idea not only of where we were but hopefully where we might be. Sitting tight for the moment.

More undisclosed payments. I can't help but feel that if they were substantial they would spell them out. I guess this will be too late for the interims though could be included in the look forward bit. Fell even further on the news. Will await the interims before deciding what to do. Biotech in general seems unloved at the moment - or at least the ones I am invested in are. Angle is another case of "should've" - 150 to 11 took a bit of doing!

And it continues. I wish I had Jackdaw's optimism but I don't.

Unless they pull something out of the bag at the interims this will continue to drift downwards - or even faster possibly.

Where is the value?

Thanks. Interesting.

I see from the rns it should be a full disclosure at the interims so hopefully we will have a clearer picture of where we are and where we might get to. I shan't do anything before then in the hope the market likes it!

Jackdaw

Given what has happened to the sp since your email are you in a position to explain why you feel the way you do when the evidence seems to point in the opposite direction. I am considering baling so would welcome any glimmer of good news

Very worrying for those of us still in it. No pr since May so obviously nothing to write home about and the web site tells you nothing.

Somebody knows something and they don't like it. I am contemplating eating my substantial (in my terms) losses and saying goodbye.

Something going on here and not good news by the fall in the sp but as usual total silence from the company. Can't even see the one step forward but agree with the 2 steps back!

I hope you are right as we have been in the doldrums with no news for far too long but OXB has never been forthcoming with news unless it has to. I can't se what you are basing your optimism on but hopefully you are more clear sighted than me.

Is Shatter still around?

Jogi

I am not a financial adviser so you need to check what I say but I believe the whole loss will be liable to be set against CGT. Losses are now even more important as the amount of gain you can claim before tax has been halved to £6k this year and will be halved again next year. Losses can also be carried forward indefinitely so it is important to alert HMRC to any large ones as I am told they are suspicious of big numbers that suddenly appear.

As I say I am only an ordinary investor with no financial qualifications so do double check before taking any action and do not do anything based on my opinion.

I am only a small holder so cant influence anything but am intrigued that while selling most of your shares you are still a strong buy.

There seems as disconnect there and while it is nothing to do with me and I never criticise anyone else's strategy, I was intrigued at the juxtaposition.

Given the fall back from 14 plus it was the right decision but intriguing nonetheless.

K