Member Info for spike912

They wouldn’t get a deal with anyone else one major walks it’s highly likely there was a good reason so others wouldn’t be keen either

Look at the times and bid/ask 100% sells at that time. Either way makes no odds factored in yesterday. SP wouldn’t have tanked either if they were buys which did at that time

They were sells

So why not invest in that one then. Toodle pip

Good post. But only one thing will stop the fall and it’s getting seller out. Until that happens we don’t stand a chance of a good rise. It’s all about the seller now. Hopefully they will issue an RNS or update on next stages. I have emailed comms today for a statement on the current fall and how the bod are proposing to assist us PIs in shedding clarity on operations and trial failure (in the very short term) and how this will be managed at the forthcoming investor meeting. Director buying whilst nice, could also be seen as a quick fix to try stop a falling SP, seen it on many AIM investments, with directors making small buys on the hope of giving confidence knowing they sell out at any point for minor profit or loss under the radar...games if AIM. A large or second director buy would help, but it’s all about seller, and trial update now I’m afraid. Just got to weather the storm for now. It will rise again. Everyone focuses as this stage on latest failure (if indeed it turns out to be) and forgets Japan trial, clev phase II. They wouldn’t have signed manufacturing contracts etc if they weren’t 95% confident on their product. And given T had a phase I and II success I can’t honesly see how it would suddenly fail completely. Also.....if the was a hint of it, why didn’t the big boys sell out prior? Why wait until now? They would have known the problem which begs another question how did they miss the boat on this? Personally I think they thought it was a slam dunk success too, that’s why I feel we will in due course have a full explanation (I hope!). If it does turn out to be an error we will re rate on sentiment and prospect alone. Patience will be rewarded!

Where do you get that from?! No one in their right mind would be taking over a company that hasn’t proven a single drug as yet, coupled with the latest issues, and so soon after IPO

Just goes to show with Faron nothing is granted in pharm, this could be no different. Although I do think Faron will recover massively over done and looks a bit of a cock up on results and II selling. Let’s hope EVG isn’t the same, too many people putting hope on update tomorrow, can’t see it, seen it on others weeks of ramping on nothing. We will see

Agree itsagame and can’t see they selling out totally given japan trials plus clev trails etc. Rumour was aviva was selling and l&g out completely which is nearly done but you know city rumours ;) based on volume of the II are shifting circa 300k shares a day, and we only have circa 31mil in circulation (with directors holding circa 4.5mil) it won’t last long bearing in mind some have been selling now for best part of two weeks I would imagine. II hold circa 20% of shares so they must be very nearly out!

Two late sells there £250k now showing, at least that’s another good chunk out of the way and dealt with. Sooner they get rid quicker we move up. The company didn’t raise at £8 and II didn’t buy into some 26% of the company on one single drug trial. Ride the storm and we will be rewarded. It’s just II de risk and moving on for short term gains. With little shares in issue once seller out this will bounce big time and quickly as it will only be PI buying rather than insitutions selling in bulk undoing all PI buying. As they say it’s a way of taking money from the impatient to the patient

Do we know when Japan results are due? Noted re insider information, however, given they must have some form of idea now what has/is happening i would say they would be sailing very close to the wind to say they had no material information on anything imo. As i said, its simply the II offloading, remember we only have circa 30mil shares in issue, once the seller is out it will recover. THERE IS NO bad news, or reason to panic just ride the storm!

Well news wont be soon as i am assuming the directors will now be in a closed period due to the buy. This will rise once seller is out, just have to be patient. I am sure more will become clear soon enough. Youll find it will be coupled with nervous PIs panicking because of the drop, which just makes it worse. There is a great deal still going on, and i am hopeful come the investor meeting on the 6th June more will become clear.

cant buy a bean right now

I emailed the IR/Comms team, and have had a response within 24 hours. I have questioned the SP reaction, cash burn and next steps. Whilst they have made it clear the contents could not be expanded upon other than that in the RNS in appears that investigations are continuing and they see no reason for the fall in SP, and appear to have confidence going forward. Market forces at play. It is promising to see a company responding to investors with 24 hours, I have asked further questions and will update once i have a response, but i have no concerns here.

St George good post also. You can see it coming, whilst some positions being closed there are others being opened. Once seller done we will see steady rise imo. It’s painful to watch at the minute but once out will recover nicely

TR1 expected

All I would say is Ii holding was 26% Friday according to Reuters and now at 20%. Seller off loading imo hence drop. One position now closed and 3 increased positions now taken

And low and behold they are back to taking as many shares as they can find. Same old same old! Blue day tomorrow. Wouldn’t surprise me if they were filling big order during day. We will see after hours. Either being dragged down to fill someone at mates rates of II reducing but once seller out stock will have a premium

All those lovely blues. Taken down MM games today. Lots of buying coming in now for last half hour!

Sea of blues....

The bounce. Well and truly over done today, MM robbing the impatient