Member Info for Soupdragon78

I guess it depends what you’re expecting.

If you don’t think they’ll get a deal done, then any deal will be better than expected.

Fair post barwickman

Indeed yuyus, the key patent filing is the one for the different uses / methods of delivery published 20 Feb, this I posted about on 3 March.

It describes how they can achieve solubility of tranilast salts, which has been a big issue for the delivery of tranilast since it’s development.

Ps. Nuon would disagree with you about Kissei having all the data.

Aim, it’s quite clear you don’t actually understand what NFX do, nor have you read the patents.

Tell me why NXP002 is called a ‘tranilast-salt’ by Nuformix?

Investor111, Kissei is a link because NXP002 is based on developing a co-crystal salt of Tranilast which was developed by Kissei.
Its like car manufacturers using the same chassis for different models.

Cottoner, look at the date of the rumour article and the fact that Alan Chorlton sold 6m in the two weeks after it but didn't tell the company till this February.

Indeed Sonnets, it uses the simple mechanism of the mid price as differentiator. If a trade is above mid, it allocates it as a buy, and if below mid, it calls it a sell. But quite often you can buy below mid or sell above mid price. So its more important to look at the pattern of prices.

Sonnets, pay no attention to whether a trade is labelled ‘buy’ or ‘sell’, it’s a simple mechanism that’s quite often wrong given this trades between bid and ask price.

As has been previously pointed out by a few here, last weeks rise was on the basis of a twitter pump and dump crew, without news it’s just drifting back.

They’ve been doing this on repeat between 4 and 5p

It’s milestone related, not time related. The company was expecting £1m by end of 2019 then further milestones by end of April 2020

The question then has to be, if there is a big buyer why is the sp down on the day?

Just providing balance, whilst acknowledging the 100k buys it’s only right to acknowledge large sells as well.

Why post anything at all if your long term?

Hale it’s been 6.21p to sell since 8.43am. Anything at that price is a sell.

Good start, although the 250k seller is still there as well

As you say, its done now anyway.

That 779k was a sell imho. Spot on the bid price at the time of the trade, buys were closer to 6p at that time.

He hasn’t lost anything.

JAdam, if this reached the same valuation as Ncyt it would be around 64p

Probs around 37m left