Member Info for Soupdragon78

Investopian on twitter has sold out now, time for the sp to move up.

Goup, its up 8.5%.... whats the problem?

Wilfred, because its not new, its Canada only.

Its the twitter crowd getting excited about something they don't understand. There won't be an RNS for the patent.

Ox will be the next news.

As FX says there won’t be an RNS about the patent.

Awaiting news on Ox.

FX, the filing of a patent is the first key step. Once a patent is filed it is active, you can make the product and there are legal mechanisms for you to challenge someone who infringes on it, although these are not as strong as a fully granted patent. The company can also license the patent whilst its still pending.

Filter, the website hasn't been updated, the line about two patent applications has been on there a while.

Nothing unusual FX, imagine having to check such a patent application and make sure there are no other claims anywhere on the planet that conflict with it!

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/977633/patent-timeline.pdf

Updates to patents, looks like the patent for Tranilast has been cleared and fully granted now.

Tranilast compositions and cocrystals
CA2908440C Joanne Holland Nuformix Limited

https://patents.google.com/patent/CA2908440C/en?assignee=nuformix&oq=nuformix&sort=new

I use it as well Filter, not had anything 'non-RNS' yet so maybe something with your settings.

That said, not had anything looking like an RNS from NFX either. Lol!

Impressive purchasing power Kane.

All gone quiet again....

'a data driven approach to business development'

Agreed older, personally I think that Oxilio will have enough to cover the immediate upfront payment which is likely to be less than £500k. They may then have an agreement with whoever is backing them to fund the milestones.

FX, from what we know Oxilio raised £110k at the end of March, so this combined with the £500k they had in the bank at end of Jan (unless they've spent it) means they only have circa £600k that we know of.

It may be that it now puts NFX in a position of strength following the placing, having £1.5m+ in their pocket they don't need to be held to ransom on any low ball figure put forward by Oxilio

DM2000, in theory yes, NXP002 could be used across variants as it treats the damage done rather than the virus itself.

Oxilio won't get much of a deal if they don't have much money. That's the first thing that needs sorting.

Oooh my very own fanboy. Wonder why they didn’t quote the bit about large sells going through?

FX, I don't believe its just twitter P&D (although there is a small element of that trying to latch on) for a few reasons.

There have been 34 trades over £20k in value (5 of which are over £100k) this is typically out of the league of many of the twitter crew, a couple of them can do this, but the majority not. The likes of Michelle typically only buy £1500 to £2500 and look to make a quick £100 or £200. She's been caught out in the past talking about her trades here when it was quiet so it is easy to spot them in the data.

Also, the spread is key. Without significant momentum, it takes a lot of buys for traders to see the real bid price get up to the price they bought at, and quite often they see the book flip really quick and the bid drop. Hence a lot panic and sell out quick, like the guy who bought for 10 minutes today.

Also, for all the chat of 'seller out', nobody except the sellers know when they are out. Much as the twitter crowd go on about the amount of buying, they conveniently gloss over the big sells that are still going through.

Hale, if they are a transfer then I doubt the transfer would show up as a settled trade. They would just transfer the stock electronically rather than go through a market maker.

Whilst its 40% (235m) of the shares in issue that is the cumulative churn, we don't know how much are permanently held. i.e. A lot of that 40% are effectively the same shares being bought and sold multiple times. For example we know that today someone bought 110,344 shares only to sell them 10 minutes later. So those shares form part of the churn and aren't in sticky fingers.

For me its the 18m trade that I don't understand, as its declarable in any way you look at it. It was an 'O' trade so a standard trade made on the open market and big enough to cause a new buyer to have to notify or and existing holder to have to notify if it was a sell.

Yup, 40% of shares in issue have been churned in the past four weeks.