The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Looks real good from a chart perspective, today has crossed the 50 EMA, 8 EMA and 1p shy of the 21 EMA. Coming out of oversold territory on the Stoch so should make a move north fairly easily on a bit of good volume. Perfect time for news to land sometime this week.. Certainly seems like everything is aligning, I for one wouldnt want to be out of this share!
That 1million has shown up as a buy at 11:09 @171 on L2. Been unable to buy the past 45mins as well
FCAP 24.2 vs 27.2* so looks like it was their 1.4m sell earlier, and JBER moving off with the 500k sell going through looks like they've either filled it completely or are nearly done at these levels. Looks good for a blue day tomorrow
imo yes.
There was a 250k buy order in auction at 24.5p...
JBER moved off the ask a few mins prior to the close and a 500k sell has just gone through, so werent suppressing the share price in the closing moments of it... Could the sell order be done?! Guess we'll find out later if any further big delayed sells or tomorrow if we move more freely.
Heavy buying support at 24.2 though, all looking very positive compared to earlier when FCAP and JBER were trying to outcompete each other pushing us down. FCAP have now moved to the bid at 24.2 and sell at
Remember they can only sell once ;)
Huge trades already today
Sell of 1.4m
Buy of 922k, 500k at 24p, 311k at 24.2 and 179k at 25.2.
JBER still pushing us down, was them and FCAP earlier, so expecting another large sell printed later today once JBER have filled their sell order. Once that happens, we should be bouncing.. Purely down to institutions taking profits here, either having hit x targets and their company rules say they have to, or they need the margin from other calls / with the uncertainty of the USA election
Very very good investor call, said next year will be absolutely transformational, in advanced talks already with the sites that have been built/being built in Melbourne, USA etc, many sites around the world etc. Melbourne have approached us for a JV, sounds almost nailed on that we're going mutlisite globally given he said they need us due to the timeframe it takes for these 9 studies they have. Very bullish on the data they have with infectious data and for the wearables...
Anyone whos an investor here will be absolutely buzzing with whats to come. 24p is a much better investment than what it was at 6p when many of us bought in last year. Upside is truly mind-blowing.
Briefly spoke about it on BBC News Channel. Hopefully a bigger section on the 6pm tonight. Word is getting out!
Yep 100% broker target price of 990p. Theres a further upside price taking into account whether vaccines are successful or not. If not, the TP they've published is much higher. Personally think vaccines will be successful, so won't get carried away with the higher price.
IG only allowed 3.5%, I topped up earlier this year for a long position, and was unable to open further trades for the past 2 months (closing only). But it opened up the end of last week, so added a significant spread bet holding again
Peter, you're missing the key factor here that imutex isnt currently priced in. Once its announced that there will be 1:1 free shares / divi payment, the share price will rally. If for instance the divi payment is expected to be 22p, then Orph's price will increase substantially up until the cut off date. Lets say we go up to 50p on the back of the free shares. Once the dividend payment or shares are given out, then yes the price will drop back off to account for it. But its definitely not priced in right now.
Agree with you that Imutex isnt currently priced into our SP. Just look at our current MC of just £135m and we're delivering contract after contract at the moment which adds considerable value to the business. Look at our little we're worth compared to other companies in this sector who dont have half of what we have.
Imutex for me im going off a £300m for a sale, even though I believe its worth more when you compare our competitor with the universal flu vaccine and they're worth much more than that with less assets. But 300m / 49% would mean approx 22p dividend payment, which is in excess of our current SP. Added to the wearables etc, once the wider public start clocking on to what we have, this will rally hard, an example is look at TILS when it rallied to over 300p when the free 1:1 shares were expected.
Down to everyone here if they hold for it, or if they sell into the rise on hype.
Anyway, it doesnt really matter, we have huge contracts that'll be signed and booked out for the next 18-24 months which is massive. Been in since 6p, and still think 20p is an absolute bargain. Personally think we'll get over 30p in div payments minimum within the next year.
Well done to everyone who has had the patience to hold. Expect this to be a transformational next 6 months and then who knows what else we can pull out the never ending bag of assets
Fully agree, however Orph ticks every box and them and Avacta make up over 50% of my PF now.
A) Pharma services company that has a core non covid business but next few days will be all over the news with vaccine trials
B) CEO has invested over £2m of his own money in which is over half his net wealth, fully in line with shareholders
C) Stated never doing another placing and the next funding will be giving back to shareholders in large dividend payments
D) Will be all over the media being Gov backed, and half of what they own is "off balance" incl universal flu vaccine etc valued at $1bn by Goldman Sachs
E) About to be booked out within the next month for the next 18-24 months
F) Issue is also theres too much demand
Daily occurrence in nearly every share. Completely normal. And "falling" nothing ever goes up in a straight line, will rally, some profit takers, then will rally again, wouldnt get caught up in daily movements too much as thats what the market makers thrive on and youll get caught out ;)
Those people who know the company well will add on all possible dips today. News as we know is imminent and will be trading in the 20s very soon.
Anyone selling on the basis of H1 results are purely looking at the figures and are oblivious to whats about to land. (Unless they're derampers who want a cheaper entry price).
Never been so confident in the company, and its so nice to be backing one that is going to play a major role in helping fight this awful pandemic.
As always DYOR, and gl!
Blessed22, it will 100% open at the mid price of 175 (providing theres no RNS for it to gap up). UTs mean absolutely nothing, just a completely fake price, 1 share as well, someone just taking the ****. If I wanted to put in 1 trade at 120 that'd be the UT, yet the price on open will still be 175.
550k delayed buy showing (£283k). Follow the money!
It says the Gov are funding these studies! More money in the bank for us! Ding dong!
https://www.ft.com/content/b782f666-6847-4487-986c-56d3f5e46c0b
"according to several people involved in the project, which will be announced NEXT WEEK"
Look at the bigger picture, the entire market has tanked because of 2nd wave / lockdown fears. Majority of stocks are between 4-8% down.
Avacta primed to be in the best position out of the lot to get the economy out of this mess. In for a major rerate when our "holy grail" test comes out which the UK GOV (Boris,Han****, Lord Bethell) etc keep saying about, every test will be sold and in massive demand.
I can see if we nail the identifying infectious people then we will get major manufacturing partnerships and our test will be the most sought after test in the world. Think GSK etc
Hold for gold everyone!
10x the share price therefore 10x less shares. You own exactly the same part of the company, the share price is irrelevant, could be 3p or 30000p and its worth the same, its all about the market cap.
If you're willing to sell, I'll happily swoop up your shares. Big big things to come.
https://twitter.com/CNBC/status/1305447447980777472
Be interesting what happens tomorrow at the apple event...:
The sixth iteration of the Apple Watch is set to be revealed at the 'Time Flies' Apple Event on 15th September 2020