Member Info for MrEMC2

@Shatter back in Feb you forecast 4p and here we are. Also around that time Tim Watts stated that there was enough cash only to take the company into the summer 2016. Cash must be nearly all gone so matter should be coming to a head soon. Are we about to be diluted out of even a measly few pence? @Doffer are you still in this share?

there was a pump and dump or something!

9 million sales so far this morning. Anybody with words of comfort?

Brian paid basic salary $500,000 bonus $62,000 (earned in 2015 - nil for 2016) Long term incentive $913,000 total $1,475,000 ($992,000 in 2015) That a 48% increase - and where is the share price????

"Chris Akers gave Concha as one of his share tips for 2016 on twitter at the end of last year" Was that before or after the failed Fansz negotiations? Anyway share price is right back at December low levels and cash mostly invested so how do we go up from here?

Shorts still at 3.27% so they have not been seen off yet!

Hi Shatter - I doubt that the manufacturing side will make enough money to pay for any immediate trials as they are very expensive - we are talking about £10s of millions - and look at all the grants and previous funding they have already swallowed up! I understood that they went into their own manufacturing to provide certainty of production foremost for their licensees. I have never bought more than my original investment at 13p. I suppose if pushed I can crack a wry smile that the share price has more than doubled since the all time low around 2p. Good luck.

Shatter we have been there so many times before with Oxb. As I have stated before I bought at 13p years ago and I can't recall the share price ever going up following a fund-raising. I am nearly diluted out of existence!

"the third quarter of 2016" so enough cash until sometime July - September 2016 (is that right?)

"The Directors have considered the cash position in the context of going concern and their conclusions are set out in the Financial review (page 31), the Directors' report (page 69) and in Note 1 to the consolidated financial statements (page 81)" [all three state the same text] The Directors estimate that the cash held by the Group together with known and probable receivables will be sufficient to support the current level of activities into the third quarter of 2016. This estimate does not include the potential benefit of any upfront receipts from further contracts for process development and bioprocessing services or from licencing-out the Group’s intellectual property, and the Directors are therefore continuing to explore other sources of finance available to the Group. The Directors have confidence that they will be able to secure sufficient cash inflows for the Group to continue its activities for not less than 12 months from the date of approval of these financial statements, and have therefore prepared the financial statements on a going concern basis. However, because the additional finance is not committed at the date of approval of these financial statements, these circumstances represent a material uncertainty which may cast significant doubt on the Group’s ability to continue as a going concern. "

Was it really a sell - price is up to 19p?

Lottohopes - as long as the tide does not turn into a tsunami! I read somewhere that 28th April will mark the second longest bull run in US history. I hope that is not the catalyst for beginning of a 'great crash' that is forecast by some commentators. OXB is a great survivor but I cannot get too enthusiastic about the next set of results because the company have a very long history of letting down its long term investors promising 'jam tomorrow' and I won't be surprised if things have slipped up again. That said I recognise that Bio companies are a big gamble, nevertheless let's hope this turns out to be one (of the one in ten) successes!

Hi Doffer now that you have bought these shares fingers crossed that you make some profit for me too (like you did in RMG). However, I have been here many years and I am well underwater with break even at 13p!!! Good luck.

No change at 6-4-2016 shorts still at 3.28% http://www.fca.org.uk/your-fca/short-positions-daily-update

Morgan Stanley below 3% - is that good or bad for future share price? As the share price has risen a little someone else has bought the millions of shares - the shorters?

Morgan Stanley below 3% - is that good or bad for future share price? As the share price has risen a little someone else has bought the millions of shares - the shorters?

Shatter - I could not agree more having seen my investment fall from 1p in profit (literally) in March 2015 descend into such utter loss once again. Buffet advises buy and hold not sure I have enough life years for this one to come good!

Only consolation for me is that I have not been completely diluted out. The current price is higher than lifetime low of 2p - but for how much longer!!! @ Treadstone - just seen your reply of 12th Feb - thanks.

If nobody is prepared to sell at this price - I hope it is proving expensive for the shorters to hang onto their positions but I think someone once advised me that the shorts can be kept open for years!!

is only 0.25p now but I see only AT trades. PIs appear to be holding - good luck.