Member Info for Magic-orb

"The initial formulation of docetaxel-ChemoSeed has been developed and the Company is seeking non-dilutive grant funding to accelerate development of the programme."

Great but seeking and securing are two different things.

@sajy "Not necessarily, they only need £1M for the first part of the trial."

There you go, you said they need more cash than they have.

From results Net cash at 12 September 2025 of £906,864

How much do you think they will have by the time they start the trial. Management have already demonstrated that they will place at massive discount to the share price. NHS grants may help but I'm pretty sure it won't cover the costs of the trial. I have a small holding at 14p, luckily it's only small as like you I think they have an interesting product, but they don't have the cash.

The constant 100k 200k sells have finished, perhaps the warrant holders have finally deposed all. Yesterday was the last flush. Time will tell of course. Gladly top up at higher prices if I know we're generating revenue, but for me, I don't want to risk any more cash until we do.

Top of the leaders board, but at 15% up after more than halving since consolidation is small consolation. Anyway I'll take anything positive right now.

The RSI(14) is the lowest it's been since late June when we were in the low teens. Currently at 20

Reckon the labs want to get things out before Christmas, GEO will want them before everything slows down before the holidays as well. Anyway just my gastric juices behind that thinking, nothing concrete.

Reckon we'll have the assays before the 12th December so anytime in the next 3 weeks. Remember the assays just need to prove there is gold in this system, it doesn't have to show 100's of grams per tonne.

It is strange how a company that worth £17m gets £4m out the blue and the SP stays the same.

JT, BLUE hay, it feels like the bailiffs have just repossessed my home and car, the wife has left and while I'm walking the streets homes and alone I find 10p and I think to myself hay things are picking up.

The bid was 44p at 16:25 yesterday. In a space of 20 minutes light trading, it's now 40p Hate to think how this would react if they ever released bad news.

Hippy chick it's not really how it works, the SP is a reflection on what people are happy to buy/sell at. People happy to buy at 1.3p but not 1.5p.

As of yesterday Barclays clients still had 3.45% in short positions. Also noticed one broker (forgot the name) sold 11m shares the day before.

Are the directors not up to their eyeballs in cheap/free warrants ad options.

What's their financial situation, yes lots of warrants being cashed in, but that has raised very little. Is a placing in the offering hence the accelerated decline in the SP.

At least the 40k buys keep coming, now worth just £500 a pop where as a few days ago they were over £800. Oh hang on a minute, this is SETS, so that means somebody is selling them.

1.2p bid. or .12p in old money, but still up about 300% for those that bought at .04p.

With about £800k in the bank the market knows another discount placing is on it's way.

4m volume already. When I bought in the .40's I never thought I would see 1p so soon. lol

The SP reaction here is exactly the same over at CPAI, as soon as the product was launched, the Blue sky hype was over and reality kicked in. Show me the money was the cry, no none yet, OK let the SP fall.

Look at the rush for the exit door, not looking good.