Member Info for Malafuster

Sadly, an opportunistic takeover bid seems all too likely. The consolation will be a bid above £1

Let’s hope so. Currently it’s an extreme example of ‘sell on news’ - even though the news is really excellent and promising for the future. My assumption is that it’s largely profit taking and very short term.

A lot of profit taking going on. If you are an investor, rather than a trader, I would suggest relax and ignore the noise. Polx has a great future and patience will be rewarded.

Not medical, though I do have WWH. I hold Jarvis for income and a Symvan SEIS for the tax benefits. I also hold BHP, Woodside and Alumasc for income. But I have increasingly been moving into AIM shares for the IHT benefits (I’m 80 and no one lives forever).

Whatever one’s view of the prospects, panic selling is the very worst policy.

Polx is one of my top 3 holdings, and I haven’t sold any - and don’t intend to

You need a UK broker who deal in Aussie shares. We use Charles Stanley.

The Aussie sp is 1.885 and rising. They pay a dividend too.

Not sure about the accuracy of the trades shown. I bought £5000 worth at lunchtime which are not shown at all and exceed the alleged entire volume of buys for the day!

The further delay is annoying. But there’s no reason to be downhearted, in my view. For me, we’re on the last lap to approval, with the remaining obstacles narrowed down to one narrow issue - eminently resolvable. If I weren’t so considerably overweight in Polx I would regard this setback as a buying opportunity.

I think we’re seeing profit taking this morning. I certainly hope that’s what it is, as I have bought more at 112p.
This is a fundamentally sound business. It has got to be a good long term investment.

This morning I bought 10,000 shares at 107.00 and then a further 1998 at 108.5. I’m still heavily down on my large holding , but the trend is in the right direction, the dividend is soothing, and I’m assuming the shares are exempt from iht. As I’m 80, this is a highly relevant factor for me.

I have made two substantial buys since lunch, both at 163.80, and a small third buy at 163.975p. All three are showing as sells!

Very frustratingly, I have been unable to trade on my HSBC InvestDirect account. Technical issues, they say. That’s enormously irritating, as JIM is now down not 20%, but ‘only’ 14.84%

Mr Market always over-reacts, up or down. More than 20% down currently, in this case. Surely a buying opportunity, if one has the nerve - and the funds? (Of course, one always has to beware the dead cat bounce, but in the longer term the dividend is very tempting.)

Definitely not!! Sp down 18%+ this morning

Not quite yet. Profit taking pulling ITM sp back?

In my view the RNS is exceptionally light on detail. This makes it largely valueless.

‘Also, people are not very patient these days.’ Including you, apparently.

Polx is now my largest holding. I expect great things. But it’s no use trying to talk the sp up. A share is worth what people are prepared to pay for it. Patience, patience.

For god’s sake get a grip! The sky is not falling. Do not invest if you can’t take reverses like this.

Mr Market can be very foolish in the short term. The market regularly over or under responds to news. This is a sound company imo. I’m holding long term, and expecting some bounce in the next few days.