Member Info for Pugg1ey

Isn't that just how the whole market works if you are a twitter tipster, newspaper stock picker or a broker writing a buy recommendation. PIs just got to make the best of it.
You know when the people on the inside don't know what is happening as there is a 'power outage' on the exchange.

the offer was dropped as there was a 40K sell

Anyway moving on there has been a flurry of small buys after 2.30pm. Has someone just tipped C4XD?

Some interesting trading strategies on here
e.g 18666 buy at 8.47am, sell 4 hours later for nearly a 300 quid loss...

The last update was from 30th July in INDV half year results - 1st dose in man planned for this month

NDV-1000 (Selective Orexin 1 [OX1]receptor antagonist):-On September 26, 2019 the National Institutes of Health (NIH) granted Indivior’s application entitled“Clinical Evaluation of C4X3256, a Non-Opioid, Highly-Selective Orexin-1 Receptor Antagonist for the Treatment of Opioid Use Disorder” pursuant to Funding Opportunity Announcement RFA-DA-19-002 dedicated to the development of medications to prevent and treat opioid use disorder and overdose.
Page | 2-Our development plans were presented at the first HEAL Investigator Meetingin Bethesda on January 16-17, 2020(see publication list).-The Single Ascending Dose (SAD) study was planned to start in April 2020 but wasdelayed by approximately 3 months due to the COVID-19 pandemic.The first dosing in Man is currently scheduled for August 2020.-Nonclinical pivotal toxicokinetics and embryofetal studies have been completed.

hopefully some shocking insider trading going on....

Someone buying in the background? bid going up into the close

those are the people who will sell at 30p in an instant.
Surprised this hasn't dropped back a bit yet. usually a few larger delayed sells in the system after a biggish rise

good luck on your trade.
Whilst the SP rising is a good feeling, I'll need a good RNS to make a profit here.
So that's what I'll have to hold out for and just watch the SP go up and down in the meantime.

looks like the MMs don't know anything as they've opened the spread right up to kill the trading

well it looks like there may be a bit of momentum trading. Be interesting to see where it rests after the trading is done

maybe this time.......

triggered a little bit of buying. Probably one person accumulating a few.

terms seem similar to that of C4XD's with Indivior. Already added £60M to MCAP in early trading
(I know AZ is a different beast but food for thought)

milestone payment in August?

INDV-1000 (Selective Orexin 1 [OX1] receptor antagonist):
- On September 26, 2019 the National Institutes of Health (NIH) granted Indivior’s application
entitled “Clinical Evaluation of C4X3256, a Non-Opioid, Highly-Selective Orexin-1 Receptor Antagonist for
the Treatment of Opioid Use Disorder” pursuant to Funding Opportunity Announcement RFA-DA-19-002
dedicated to the development of medications to prevent and treat opioid use disorder and overdose.
Page | 2
- Our development plans were presented at the first HEAL Investigator Meeting in Bethesda on January 16-
17, 2020 (see publication list).
- The Single Ascending Dose (SAD) study was planned to start in April 2020 but was delayed by
approximately 3 months due to the COVID-19 pandemic. The first dosing in Man is currently scheduled for
August 2020.
- Nonclinical pivotal toxicokinetics and embryofetal studies have been completed.

for SP read MCAP!

maybe, but what is the point of communicating something if it is not meaningful.
The point here is the INDV deal looked in serious doubt (I think around 20-25M was gradually wiped off the SP) and now it looks back on track. The initial 15p fund raise was another kick in the nuts but hopefully the worst is now over.
The share is so illiquid that if you get caught out on the wrong side of the trade it can be very painful short term.

companies often get a payment when a compound is first dosed in man.
Not sure what the terms are in this deal

Notmyjob.
every small company posts that kind of mush it is just par for the course.
The key here is the big Indivior deal looks back on track as the company (INDV) has resolved there legal battle which looked like it might have sunk them 12 months ago.
Around the time of the deal the SP was well over 100p and now things have moved on as a compound is now in the clinic.
Even allowing for the dilution this should be getting back to around 80p not only for the potential milestone payments from this deal and other deals that should be close, but for potential as a takeover target.

Yeah but they are going to get 3-5 million quid for the asset sale...oh wait..
This isn't a viable company anymore. It is just a mechanism for the brokers/lawyers and directors to rinse the last few quid out before the curtain comes down on MWG.

yep.
not much else to say.
still shocked how a relatively small start up can burn through £11million in a year