George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Probably reduces the probability of a tie up with AZN as their own Breztri treatment is now FDA approved. GSK have Trelegy Ellipta for COPD already approved in US (2017).
COPD still large markets as third leading cause of death globally and fourth in US.
https://www.astrazeneca.com/media-centre/press-releases/2020/breztri-aerosphere-approved-in-the-us-for-copd.html
General market taking a hit today....US unemployment numbers rose for first time in a while, growth tech under pressure and reopen trade is stumbling. All leading to down market. TILS has had a decent run but does seem tad more volatile last couple of sessions.
Fundamentally nothing has changed.
Bounce of the $10 level....for a bit. The spread on Nasdaq is wide...20 cents.
$10 is a first level fib retracement. Can't go bottom left to top right without some bumps along the way.
" What we really need are drugs that, when given early, can prevent a symptomatic person from requiring hospitalization or very dramatically diminish the time that they are symptomatic." From Facebook live interview Thursday.
Over to you Mr Marsden.
Maybe it's the Brits thinking they are getting Tesla on the cheap....ha ha
Looks to me like it is a Fibonacci retrace from the opening on 7/10 at $6.92 to the high today of $9.94. That would indicate about $8.10 and low today was $8.26.
That's my assumption and will find out tomorrow when the bell rings.
This is stretching a theory.
Tesla share price is $1,500 vs Tiziana $8. There might be some confusion with the ticker but doubt it when an individual reviews the cost of a buy.
Down 6 cents after hours.
$10 now pre market Nasdaq but no volume to speak of.
Rich....If I follow your thesis of just PI sellers, which lack of TR1 would support, although Acacia don't exactly seem timely on issuing RNS, then this could put a dampener on any spike on trial good results...perhaps.
Looks like decent amount of holders at significantly higher prices. If we assume good trial results and spike up then even with a 75% spike that gets price to 59p (seems decent amount of people around there).
I have to think that there will be sellers happy to get out without significant loses and of course we have Acacia whom I would expect sells into strength.
Hopefully buyers outweigh sellers. Game changer would be a licensing / partnership announcement in conjunction good trial results. Guess have to wait and see the results.
Unfortunately yes that’s what I meant...ha ha...
Six trades all day.... back in the box. Looking to pick up some more around £1.10...see you all in 2 years.
I have followed Redchip for a while and a couple of other companies I invested in used them, which seemed purely coincidence. Redchip tends to cover early stage lesser known companies. I tend to take their prompting somewhat skeptically akin to house broker notes i.e. they are paid to cover the company.
I suspect it'll be a short term arrangement with Redchip as once they have done the initial promoting the word gets out and tends to be diminishing returns on future videos.
Not concerned they are using them and $45K for promotion isn't huge given the opportunities.
Rich....I don't like seeing the cases up in US....I live in NY!!!
I long suspected that the Pharma world was driven by networks / friends and the last 4 months have reinforced that.....Moderna, Hydroxychloride, etc.
I have a slight worry that if results are good then the team doesn't have the business acumen to fully take advantage of the opportunity. Hence why I am hoping for a partnership with big Pharma that will open doors.
First step though...positive trial results
The world has changed and DOW is not en vogue now as its biased towards value / cyclicals... Boeing, Chevron, CAT etc. and not growth stocks.
Dow down today but Nasdaq hits another 52 week high. Take a look at China...it's on fire as government is talking up the markets. The world has been shaken up this year.
Seems like it has been the longest two months in this waiting for trial results.
Not good news. Even if it was open seems like very few tourists in New York so not sure they would be flocking to the theatre.
Friday? It’s a holiday here in US.
SEE for my sins