Member Info for smalltrader

Lack of volumes is one thing and even with current volume more sells than buys. Usually as we get closer to D-day in anticipation of good news, SP rises. Still we are not that close Feb. From Jan may be rally begins but surprise good news can land anytime from now so better to buy in now at these cheap prices to reap rewards.

Innate pharma drug acquisition by AZN was done 1 month after FDA approved their drug but AZN was in collaboration with Innate pharma since 2015 so may be it was easy for ANZ to finalise the deal within 1 month but with MTFB there is no such collaboration with any major so don't know how long it would take to complete a deal after FDA approval.

One thing is that MTFB wants to commercialise soon once FDA approves so they don't want to waste time for another 6 months in finalising the deal.

So sell off pressure is easing down across the markets I think. BT could go up by mid day

Innate pharma's cancer drug was approved by FDA and AZN made a deal with them for commericalisation.

Surely AZN had their eyes on this drug and the company before FDA approval and they made a deal only after FDA approval!

So it looks like same may happen with MTFB! Companies might be interested to do a deal with MTFB but may be they are waiting for FDA approval and now that it is just another 3 months left for FDA approval so may be they want to wait till FDA approves it.

Surely companies know that there is 90% chance for approval but may be companies like to wait for another 3 months. Also MTFB don't want to do any cheap deal so may be MTFB is also happy to wait until FDA approval as the offers they get would surely be better than the offers they get now before approval.

Attending conferences is good as there will be investors and companies who likes to see which pharmas are close to FDA approval and we should easily be in that top 10 list.

Also FDA approval can come even before Feb 2019! So I expect any RNS that will see would be mega news or the conferences one :-) but do not expect any negative news so I believe SP would be around this range and happy that our SP is not affected by the current markets trend.

comparing with XEL is absolutely ridiculous. Completely different sectors...you just can't compare...

with oil stocks, we need to trade and not hold for Long term! so am selling when this hits 42p again

what goes up will go down and will go back up again so this will rise again surely but not sure when....I would say not until for another 2 weeks and by end of November, we will be back to 35p atleast and that is just my prediction...having taken up rights am going to stick with ENQ and will surely add more at these prices...

last time when this went down, it had hit 22p but I hope we get some support at 25p and hope it bounces back soon...I would say just hold and don't sell for a loss...just switch off and nicely manage your day to day job and come back in mid of november, things will certainly change for better! ATB

Rebarm, am just saying that there is no harm in mentioning in RNS about advance discussions that our CEO and the company is having for partnership. Mention it in every RNS along with NDA acceptance. Is there any harm? It would bring new investors who read the RNS and that could help move the SP.

Not sure if anyone asked or heard anything in recent AGM about partnership. Wondering if MTFB is looking for a complete takeover or only joint partnership with taking royalty fees for the product and let other company do the manufacturing, sales etc

there is a nice 15k buy today.

can't believe this is back to 30s. I topped up at 34p thinking that the ultimate rise has started after AMP RNS.
thought momentum picked up with that RNS and price would stay above 35p or rise slowly from 35p.

I think it is the global sell off that drifted our SP too and IG sell off too may be !

like the other cowboy CEOs may be our CEO should atleast mention about the advanced discussions with majors in every RNS that they release about conferences so that our SP could get boost!

With Oil up, the only reason SP down is because someone wants to load up cheap at 140p! By thursday and Friday SP could reach new highs

Well done! I regret for not buying more when it was at 36p. Missed the last 2 rises from 30p to 44p and now after rights issue, we could see SP surpassing previous highs of this year...provided POO is close to $80

The link that I posted earlier may not work. Click this link and then click on Qualifying Share holder FAQ - http://www.enquest.com/investors/rights-issue.aspx

I was doing my own little research on these rights issue and I see that ENQ website has got beautiful example on how the rights work out -

http://www.enquest.com/~/media/Files/E/Enquest/prospectus-documents/qualifying-shareholder.pdf

Go to the 3rd page, you will see a table explaining all the calculations.

The way I see it is that if you are entitled for 1000 shares, for example, based on 3 for 7 of your current holding then you are buying these 1000 shares at 21p so you spend £210 to buy these 1000 shares. Post ex-rights when the trading is back to normal and if SP(TERP) goes up to 40p then your 1000 shares bought at 21p for £210 would give you a return of £400, which is a tidy profit of nearly £190(£400 -£210)!!!!

The 1000 shares bought from RI surely gets added to your existing holding of ENQ shares so you can sell these shares anytime in future I believe! If so then post RI, when SP goes up, you are going to make nice profit out of the shares acquired from RI.

So my conclusion is that we will benefit in buying the shares from RI than ignoring it.

The last date to decide on whether you want to buy, ignore or sell your rights is Oct 19th.

Sorry for naive question. Am new to these rights issue. After ex-rights, my current shares get converted or we will have 3 for 7 added to added to our e current shares for no extra cost? If the current shares are converted then I may sell my holding today not sure of that is a good idea ?

I have been few times to Next for early morning sale and saw ppl carrying 2 to 3 large bags dumping in their car and surely they would have spent atleast £400 but they may return most of them later.

Thing is that I have not heard of such early morning sale with Debenhams.

The price tags in Next is way too low compared to Debenhams so shoppers like to buy more from Next and happy that they are getting a branded clothes than Primark whereas Debenhams have high price tag items.

I think Debenhams should also start selling items with their own brand name instead of being a middle man....just my 2 cents!

hit 152p ...tomorrow being Friday, we could see this at 150p and I will then top up. stupidly bought in just before results day hoping that WC Ad revenues and few other positives at that time would boost the SP significantly but look where it is now. This will rise as we get close to dividend date?

dumping it just before the results day as you never know whether market would like the results or not....my prediction is that even with positive results, SP may not rise as high as some are expecting and few days after the results, SP will drift down further...but if there is news about more stores lined up for the products then we could see big rise on the results day....ATB

sorry for being lazy but would help if someone can confirm when are the results due please?

it may take lot of years for billion sales for Iclaprim but our SP will rise much faster within months once we get to who the partner is!

If ITG stops selling then we will rise much faster! :-)

depressing to see SP back to 31 and I think ITG is responsible for that as he is reducing his stake! :-)
May be a trading opportunity to buy at 31 and sell at 34! Every little helps!

http://investors.morningstar.com/ownership/shareholders-major.html?t=mtfb

why AMP and Sandstone not listed?

Once this gets listed I will hold as they will do whatever it needs to atleast get the money back that is in invested by the company so far and as the regular updates are provided via RNS, I strongly believe LION will be admitted back soon. If there is no intent to relist then they can keep quiet without needing to provide updates to the market.

As price of gold is low and with ppl selling out on relisting, sp will slide first day but will recover again as gold price recovers and with positive news we could see gradual rise in SP so I just need this to get listed back and not worried about SP on opening or days after.

Thanks kopfkissen. I will register with investegate.co.uk

good strategy by LION so no or less tax to pay when they start the transactions.

just want to ask which website are you guys using to get RNS notification. I'm using HL website and there is a 10min delay with the RNS as I see comments already here about RNS.