Member Info for Soupdragon78

I get your point FX, but once they get data, then who leads the next stage of business development if there is effectively no board?

Don't worry FX, soon we'll be in the position with no executive position on the board present, only all non-execs.
Even Alex E has been demoted from 'Head of Chemistry' to 'Research and development chemist'.

If they try a bit harder they could virtually make a business out of this....

Looking in more detail, Oxilio only issued 8,262 shares in their recent fund raise, so most of the people on that list were already shareholders.
The person of interest would appear to be Tristan de Boysson who looks to have shelled out £265k of his own cash.
https://www.tvmcapitalhealthcare.com/team/tristan-de-boysson/

Interesting list, looks like they've attracted a few interesting characters to buy in, mostly from the local rotary club by the looks of it. Although old Henriette Mountain-Ritter looks like she'd raise a few eyebrows around the village.

Concern is that it'll start to hit traders stops.

Traders getting impatient again and no background buyer.

Indeed, we can’t even get Oxilio over the line and yet people are talking bidding wars!

Certainly looks like no-one wants to commit to such a prediction.

I'm sceptical on this 'take-over talk', the market doesn't seem to be buying it, the company talk about licensing being an option post data returns.

As I mentioned to Kane the other week, there are two figures involved. The figure that individuals wish to see, and then the figure someone is willing to pay.

If you were a company CEO proposing to your board a bid for NFX, you would be positioning a bid easily sub 5p. No company board is going to sanction you proposing a bid 4 or 5 times (or higher) greater than the current market value. Yes, you may draw other bidders out of the woodwork, but you'd try to get success through as cheap as possible.

For a while I had been thinking Ebers and DT were playing a game here, with both DT and AC drip selling to put pressure on the sp, whilst Ebers are in the process of their RTO raising £25m. They would then buy up NFX for something in that zone.

That said there is also Senari Pharma who Anne Brindley works for who are currently raising £20m and are looking at the same pharma space.

Like others I would love a double figure share price, but NFX is very very exposed to low-ball offers down here with little or now defence.

If it was sold at 3p, JH and DG would get over £1m so doubt they would complain.

Hale, had thought about that scenario, but if there was a buyer, why would the ceo resign? They would no doubt get a bonus if a buyout, where as now they won’t.

Mars, Oxilio only have circa £1m in cash, they are struggling to licence NXP001 let alone consider NXP002.

bunsen, on the director purchase (lack of)... if they are still in negotiations with Oxilio, as they say they are, then under FCA rules they would be in a 'prohibited period' so would be forbidden to buy shares anyway.
Does raise an eyebrow as to why the company didn't say this themselves.

Probably left it as long as possible as they feared it would have a detrimental impact on the sp if released straight away.

Personally I don't think there is anything suspicious going on, its more like there isn't actually much of anything going on.

Have to say the Q&A is quite something, the board really don’t like optimism do they.

Good luck with your 30-70% today Sentiment.

Sentiment-Attack
Posted in: NFX
Posts: 18
Price: 1.425
No Opinion
RE: Dear Nuformix26 Aug 2021 17:49
Level 2 was like comedy hour

Some buying going on all afternoon

I’m going to just speculate tomorrow is 30-70% minimum

Filter, maybe the company are waiting for proactive to be onboard to accompany the agm Q&A, after all they wrote the update to the Allenby note.

FX, the point is the likes of Jiving buy and sell at the drop of a hat, yet somehow feel that the company is working for them and them only.
A company is not beholden to small fry pi's like him who hold a few hundred thousand shares at most.
Anne has been clear on the direction of the business since March when they published a timeline and how they will achieve value, the problem is most bulletin board folk have never run a business and expect results every two minutes.
Jiving should really be more upset with the 'scum' traders who have pushed this down with constant pump and dump activity, you just have to look at the trades from the past 5 months, you can easily see the pattern.

Thanks jiving, you sadly don’t understand basic human decency, if you call someone ‘scum’ and then expect to make money from their efforts then you are sadly beyond reproach.

Thanks jiving, so none of your money has been used to pay salaries. Thanks for confirming.