The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Just looked for the first time in a long time at Investors page on nuformix.com since soup/purves mentioned the site and it's all change from what I can remember? Anyone any ideas who the bigger investors all are. Sorry if it's already been discussed last time I checked cpi were at the top
One thing we know about nfx is it can fly when good news hits. I am confident (Ish!) we are going to get positive news over the next 6 months (but how will it be affected by the potential big sellers??
That's my only concern here with the likes of DG, DT, CPI potentially selling into any future rises.
Looks poised to move this to me, holding steady at 6 now and id be suprised if we dont hit 7s and 8s soon as pressure grows before news.
Talks for nxp002 licensing in japan being delayed i think is reasonable in these current times. I have added a few more these last weeks as we now have a belter of a hand to play in talks over a deal. We could of had better offers from different parties, interest from other companies that need looking over. Maybe we have had to revise terms with our preferred partner due to covid?
Any of this would have delayed talks aswell as the obvious travel problems dan was talking about back in feb which i guess havent gotten any better since then.
When the deal gets announced this will absolutely blow as fibrosis is unfortunately a term everyone has heard of recently. There will be more and more news articles on fibrosis as the true extent of the damage covid has done unveils itself over the next few months. Fortunately nuformix is way down the line in validating drugs that can help.
Well, amongst all the bits of bad news we have had here over the past several months (sellers, DT, NSB etc) there is one great bit of business. The raise in november just before CV hit is looking amazingly timed now with the benefit of hindsight. Can sit back and relax waiting for dan and co to produce the goods with nxp1,2&4.
Am all in here like a few others , the time to trade this was between 8 and 15 pence ish but unfortunately for me i didnt. Due to the uniqueness of nuformix i didnt trade it, but it turns out nfx is like any other pharma in many ways.....delays, funding issues, bad news, resignations etc etc this can all happen and was why i was hesitant roughly this time last year to invest.
But in reality none of the fundamentals has changed since i decided to go all in here. We have a crazy low cash burn, quick and low cost access to trials, nxp002 trials round the corner, kissei interested?? (Imagine the data and expertise that deal would unlock) we have now decided on the delivery method of nxp002 which was a big step forward.
Anyone worried on the direction of the company i urge to read the prospectus and previous videos from early 2019. Deals take time and this is what can happen to pharmas. Nuformix have been honest about this since day 1.
Mine are safely tucked away and i ll wait for the proper news to come.
Pause in share price is over now IMO, cash has been the only thing holding this share back. Over a million raised and we can now start trials on nxp002
I was mocked for being peeved over that recent leak but i still think this is the best route for us. Licensing 002 before trials would have seriously compromised our ability to negotiate the big deals. Hopefully that doesnt happen now. I dont care about the supposed headline figures leaked to the press, get this through trials then complete negotiations, patience required for us holders.
Next up.... nxp002 trial dates released for healthy volunteers. We now have money in the bank and delivery method perfected. Its all been leading to this, the run up to trial results of nxp002 in healthy volunteers before licensing. OR... Do they go even further and fund trials of nxp002 in patients?
I personally hope nuformix navigate nxp002 through both sets of trials before licensing. Maybe if we manage to successfully do that we ll be well on our way to that billion pound mcap people keep talking about.
Im all in now funding is sorted, 100% of portfolio , life savings are in here. Bought again big chunks at 8 and 9 pence today. Am sure there are many more like me as opportunities like this dont often present themselves.
Nfx leaked info december last year for nxp002 results. A few days before news was due an article surfaced saying we have passed trials in exactly the same casual wording about news on the grapevine... nuformix was much more under the radar then so nothing really happened but its clear someone in the chain talks too much.
There is history for this which makes me feel its true. The author of the article is different though.
Aim you know as well as anyone whos bothered to read the prospectus the plan was to progress 002 through trials before licensing to really maximise future revenues and upfront fees we can command. so the funny remarks dont help. Dan stated that recently in a podcast also
So whats changed....why the early licensing deal IF true?
Maybe we ve been offered a ridiculous deal that thats far in excess what we could have achieved even after successful trials. If so then great anf i ll shut up. Just voicing initial reservations as i want this share to do really well long term
The rumours would be great short term but i cant help feeling this is indifferent news long term. Make no mistake nfx didnt want to license 002 this early, the gold standard was to get it through trials and then license. Somethings changed , wether its 001 not paying up or something else i dont know?
15 mill upfront for our lead blockbuster drug!? Its small change and i hope this means we have negotiated crazy royalty terms.
Lets wait for more details in the coming weeks and hope it makes more sense. Im heavily invested here for the long term and if im honest these rumours (if theyre true) are disappointing to me.
Am sure the short termers will be happy though
Yep bad day here, i was sure we would stick around 3.5 pence at a minimum. How wrong i was. May take a lot longer than hoped to hit 4 pence plus but lets see what tomorrow brings
On the way back up now
They will still take all my shares , hopefully youre right and this recovers later today. Still lots of news to come here so am happy to hold
2.99 pence to buy. 3 pence to sell 700000 shares?
3pence to sell now, but they ll take my entire holding. hoping they are just fishing for shares