Member Info for PeterS23

Welcome on board Sully. Think you’ve invested at a great time as there’s still a monumental upside left in ORPH and all its spin offs. GLA

Pad

Padrock - that volume will have coincided with the last large fund raise I think when the share price was around 12p, and will have been driven by a number of of II’s who bought their shares cheaply in the fundraise and then selling for a quick profit. Just one II selling at the moment, and they’re ‘managing’ their sells into a rising share price. GLA

Thanks Trader 3 for the update. ORPH is now nearly 70% of my portfolio by value and maybe I should be getting nervous that I’m top heavy. That list however makes me think I should be ditching the others stocks and going in ballz deep here! GLA

Cheers Wally. Very helpful as usual. GLA

Vascular - basically that’s correct but make it 75p not 70p. i.e. £500million divided by 669 million shares. GLA

Arden have also provided new sales figure and profit projections for 2021 and 2022. They are sales of £53m and £76m for 2021 and 2022, with net profits before tax of £9m and £16.5m for 2021 and 2022.

Stockopedia today given the whole sector a p/e average of 30.5, meaning ORPH’s market cap should be £275m for 2021 and £503m for 2022 based on these updated figures.

Above figures exclude non core assets.

GLA

LI - no doubt you’re correct in stating that Invesco will continue dumping but given the share price has kept steadily rising during the period of their relentless selling, then you have omitted to state that tomorrow should also normally see more buying by other parties, relatively speaking. “The price of a commodity is determined by the interaction of supply and demand in a market” - Britainnica.com. More buying than selling and the price goes up. More selling than buying and the price goes down. GLA

Earache - metaltiger was only hypothesising on the question in the header. GLA

Ha ha - should have saw that coming ;-)

Excused, because there isn’t one ; - )

Thanks DDB for the clarification. GLA

NST1 - from memory I don’t think CF rubbished claims but rather downplayed them. Probably couldn’t say anything definitive one way or the other as it would be deemed market sensitive IMO. Personally I believe MOGP will be a SPAC vehicle for an OO spin off. GLA

Thanks Trader - Superb research as usual. GLA

NST1 - Agree with Demon- CF definitely intimated one spin off alone has the potential to be a 1 billion dollar business. GLA

Below is from today’s Share-prophets and TW writes:

“However I note a couple of interesting names have appeared on the shareholder register who are not your normal common or garden sewer dwelling Peterhouse client. One is my pal Chris Potts who owns just under 5%.  That he is not flipping is interesting. But more interesting is, at 4.52% Raglan Capital which is the vehicle of Cathal Friel the man behind Open Orphan (ORPH) which has been a bit of star since its IPO two years ago.

I put it to Cathal that he was up to something and he said: “I can’t say much on Mountfield, it does not necessarily have anything to do with Open Orphan. Let’s see, as we have already guided by the market as we are planning on spinning out 1, 2 or possibly 3 non-core assets. “

So it could be that Peterhouse goes away and makes this another blockchain cum cannabis cum green energy bag of ****e to ramp or maybe Cathal is is going to use this to create a proper company.  I am not sure I’d chase it at 0.3p but on a bad day at closer to 0.25p I might be tempted to have a small flutter hoping that Cathal does get involved”

Thanks Magoo - So he’s not connected. Back to Auf Weidersehen Pet. GLA

Who’s Pat Roche and what, if any, is the connection to ORPH? TIA

If CF gets clearance quickly to be able to purchase more shares then it’ll probably be CF who clears out Invesco on the open market. If Invesco still now have circa 3%, then that equates to about £6 million to clear them out. CF still holds shares in Amryt Pharma Plc worth circa £33 million. Sell a few there, purchase here. GLA

Extrader posted on 3rd Feb this year that CF had possibly managed the share price in them last 6 months because he may have wanted to buy more shares at a good price. Looks like it was a great call. GLA

Skywalker - I just caught the end of the presentation but in answer to the the question of whether a billion dollar valuation included non core assets, CF did say, after going around the houses “a Nasdaq listings is part of that”. GLA