Member Info for RENE_to_40p

I don't want to sound negative but I've been here so many times before with RENE. People awaiting news pushes up the SP, the news comes but doesn't say what we want it to (i.e. RP trial update this time) and then they release a string of lame RNS's to try and stop the SP dropping off in the run up to the next big event. But it doesn't work, and down it goes.

It is probably worth selling now (especially with Woodford still around) and buying back in September BUT as I've said before I'm pretty sure if I try that there'll be a power RNS out of the blue and I'll be reaching for the razor blades.

Best not to look until September, I suppose. If that's actually possible :)

Because we've had 2 RNS's telling us so

Feels like they're trying to drip-feed RNS's to stop the SP nose-diving in the run up to October. Hopefully it will work and Woodford sells have dried up.

Certainly shows they're seriousss

Completely misleading though egg. They can move to another broker but they can't get their money out.

Eh?

I listened to it, Phil and it all sounded very positive although I have to admit they did say they wouldn't realistically be looking for further partnering for RP until the October results are available because it's only when they've got that data that they can realise the true value. But who knows, plenty of other things could happen in the meantime.

There are two strategies for investors here:

1) try to trade in and out on dips and peaks short term
2) play the long game for potentially huge gains

We didn't get an update on the RP trial but the rest of the results are very encouraging with multiple mentions of increased interest from 3rd parties, low cash burn with injections of cash from Fosun and exciting new opportunities including this:

"We are now working to develop further new allogeneic cell lines, including NK and T-cells (the cells that can be modified to attack cancer cells), as potential therapeutic agents for out-licensing to third parties."

RENE haven't really gone for the big C before. That line buried in the RNS could on its own have huge implications.

Investment strategy 1) is perfectly reasonable and is responsible for the deramping comments you see on here today. What type 2) investors like more than anything else is a curve-ball RNS out of nowhere that announces a deal and shoots the SP through the roof leaving type 1)'ers with their pants down :)

All looking good for type 2)'ers. Just hold your RENE and hold your nerve because this is increasingly looking like a definite multi-bagger for those with the patience to see it out.

GLA

There will be an RNS 7am guaranteed so you can start deramping at 7:01am Harry

And don't forget, we were a lot higher than this anyway recently with no news since

Should come in handy one way or the other. LOL

Someone just weighed in with £48,600's worth at 270p. They must be confident

Fairy muff PC01.

I, on the other hand, am remaining resolute. I'm going s... or bust here. Either they make it to market and I'm minted or I lose the lot :)

COME ON RENE!!!

Nah, it's got to be bull**** Mani!

We're still trading at a significant discount from where we were before the Woodford debacle began.

Sniffs of further partnering deals, or positive progress from clinical trials in tomorrow's news will the SP move in to a whole new range

The RNS shows virtually all the selling recently is down to Woodford and he's effectively being forced to offload a few to build up his capital.

Actual willing sellers are few and far between. This is looking strong.

OK, well that's that then I guess. Many thanks for chasing it Mani and posting the reply.

Yes, it's bizarre but pointless.

Thursday is financial results update but the company must be keenly aware that investors are expecting updates on the clinical trials so I reckon (hope) they will release a separate RNS earlier next week.

TG, Hair Dryer etc are clearly all the same person. The way he writes is idiosyncratic and obviously and easily detectable.

Anyway, whatever.

... tomorrow.

Just changing the thread header!