Member Info for Latino

18 months...let’s see we might see a real rise now and coming days!

Very very poor from the BoD to leave shareholders in the dark till last minute...!

Lol nothing goes up in a straight line fella! Nothing wrong with yesterday’s news, it’s profit taking and will re-rate with a bounce!

Trouble is Solento hold all the cards and them being the major shareholder by a mile it’s hard to see how us PIs votes will make much of a difference when they’re already backing the delisting.

This is hugh news!

Ready to blow..?

Way I’m reading this is that they’ve had the many RTO options on 1 June, so simply they had to choose one and agree terms. So, it’s not that they’re still looking for a RTO candidate...they’re surely in finalising deal RNS now? Jonathan Gold, President and Chief Business Officer of Motif Bio, said: "Following the recent fundraise we are pleased to be in a position where we have several options to evaluate. We are currently working with our advisers to identify the most appropriate RTO candidate for the Company and look forward to providing our shareholders with further updates as appropriate."

From article..

In May, the AIM-listed firm raised £1.6mln through an oversubscribed placing at 15p a throw to strengthen its balance sheet as its partnering and strategic collaborations progress and will boost working capital during the progression of its pipeline portfolio. C4X said the new funds should provide it with at least twelve months working capital.

In April C4X said its closely-watched NRF-2 activator programme for sickle cell disease and pulmonary arterial hypertension was down to a short-list of three molecules.

FTSE 250-listed drug group Indivior was preparing to take C4X’s treatment for opioid use disorder into the clinic as part of a deal worth US$294mln. Phase I and II studies will receive financial backing from the National Institutes of Health in the US.

Yep fully funded, last placing done just a couple of months ago in May....now fully derisked as INDV no longer at risk of going bust!

C4XD should benefit!

But they have not dropped this enough lol

Jeez...why on earth is this dropping???

Yep those gamblers out!

It looks like Spreaex are now out?....

Don’t think I’ve seen a share after bad news bounce from -40% to being blue...! Some big buyers here took advantage of the big drop...onwards and upwards from tomorrow.

Yep MMs flushing weak holders out.

Jump coming..

Agree, market is digressing the frontiers this RNS today has opened up for this tiddler..

Mind blowing potential when you think about it...and today’s news has opened the door for negotiations and contracts...just compare this to MBO news yesterday!

Yep...they’re literally saying the results won’t change...mega market awaits!