Member Info for MIKODX

Now that the Placing is out of the way and we're 12M richer, hopefully we'll climb back up into the 40s which was where we were settling before the Placing came along. According to Simply Wall St. revenue is forecast to grow 108.13% per year. This Share has been very volatile lately. Sentiment is high with a bid pending, another day of high volumes could see this climb rapidly again.

Whoever is saying this is a confident buy, how can it be when the Placing shares were priced at 20p? Explain.

Sharebel, stop ramping, nothing is certain. I’ve just jumped out of a share that was certain a bid was incoming only to turn around and say they are now looking into obtaining a loan. This could be a devious ploy companies are using to boost the SP and raise capital. Be careful all.

How do you go from an internal and external bid, to a loan. These companies are so full of BS, that's why I say never take what these companies say on face value, always do your due diligence. Anyway stop loss triggered and I'm quite happy to be out of this pile of horse manure.

I dont want to jinx it, but it looks like this will settle around 30 until we get the next news. Very low volumes this week and still the price is holding. This could drop below 30 next week if volumes stay low, but I think it will actually start to move up a little as volumes increase as we get closer to the deadline. I've seen a few stocks going through a similar takeover, I've noticed that MMs tend to keep the price steady when a takeover is in progress.. My guess is this will stay between 30 and 40 and a bid will come in @ 80 which I think everyone will be happy with. Jmo of course.

Maybe as early as next week.

Holding firmly.

What do you expect when you got 3.7B shares in circulation. It will fall just as fast as it rises.

This company will be in American hands very soon, mark my words.

What a pile of s... this Share is.

Petroinvestor - talking out his rear end as usual.

American market opens on $1.48.

$1.51 now.

American pre market price $1.59. 40 minutes until opening

https://www.google.com/finance/quote/RNLX:NASDAQ

I’m quite happy with the pullback actually, managed to get in at 58. This will seem like a bargain by the end of the week.

Actually had a small stake which I bought couple of weeks ago, so really topped up.

Was going to use the funds on HE1 but this one could break out on this news. In @ 58.

Https://ukinvestormagazine.co.uk/renalytix-shares-soar-after-announcing-takeover-approach/

Year high of £1.45 so that will be the minimum.

Not quite what I expected, but more than happy all the same.

At least that's what you'd think. But the markets don't always behave the way you expect it to. Wouldn't surprise me if this opened high.