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ETX E-therapeutics Plc

10.025
0.075 (0.75%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
E-therapeutics Plc LSE:ETX London Ordinary Share GB00B2823H99 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.075 0.75% 10.025 325,706 16:35:27
Bid Price Offer Price High Price Low Price Open Price
9.50 10.50 9.75 9.75 9.75
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Coml Physical, Biologcl Resh 475k -8.27M -0.0142 -6.87 56.92M
Last Trade Time Trade Type Trade Size Trade Price Currency
15:45:45 O 150,000 10.14 GBX

E-therapeutics (ETX) Latest News

E-therapeutics (ETX) Discussions and Chat

E-therapeutics Forums and Chat

Date Time Title Posts
12/4/202410:22E-Therapeutics ETX : Applying AI / ML to drug discovery & development999
13/9/202014:39ETX : Stocktube Vid75
13/9/202014:39ETX, The Boss & the Company3
13/9/202014:39ETX-Fighting MRSA & winning.1,095

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E-therapeutics (ETX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-04-19 15:45:4610.14150,00015,210.00O
2024-04-19 14:38:2910.174,000406.80O
2024-04-19 14:34:1810.19100,00010,190.00O
2024-04-19 13:56:079.601,500143.96O
2024-04-19 13:26:549.606,000575.85O

E-therapeutics (ETX) Top Chat Posts

Top Posts
Posted at 19/4/2024 09:20 by E-therapeutics Daily Update
E-therapeutics Plc is listed in the Coml Physical, Biologcl Resh sector of the London Stock Exchange with ticker ETX. The last closing price for E-therapeutics was 9.95p.
E-therapeutics currently has 583,844,162 shares in issue. The market capitalisation of E-therapeutics is £56,924,806.
E-therapeutics has a price to earnings ratio (PE ratio) of -6.87.
This morning ETX shares opened at 9.75p
Posted at 12/4/2024 07:49 by 1347
Yes, good points. I'm not sure why any fund manager would say: I'll invest in a company but only if it's not listed? If you believe the company has serious prospects then what is the downside as an investor/fund manager to it being listed? Seems more to me that existing large shareholders prefer it to be unlisted as then there is less scrutiny. Makes you wonder eh?

As for the NASDAQ listing, well the pre-cursor to that is usually an OTC listing, well they had that but then delisted at the end of 27 December 2023. They gave just 4 days notice over the Christmas/New Year period, so if there were many Americans interested in the company and taking a stake then they'll be hacked off I would imagine, as are the UK PIs now.

As far as AI is concerned, well I can see the potential and it's a field I've worked in, but there's an awful lot of hype/rubbish being spouted about it at the moment, including by ETX I suspect. Ask yourself this, why have they only ever had a few contracts on the go paying relatively small milestone payments after all these years? Go and look at the last Business Update in January 2024 then look at what's happened since.

By the way if you chose to hold then if it's anything like Deepmatter, which I suspect it will be as Griffin was behind both, then as a minority shareholder you are not going to get much, if anything, in the way of updates and so are very likely not going to realise what's going on until it's too late. I got just a few hours notice when they did the placing and consolidation at Deepmatter that wiped all but the biggest shareholders out.

Personally after this behaviour I wouldn't touch anything Ali's involved in or Griffin is a large shareholder in with a bargepole, even if they discovered eternal life, but that's just my opinion, others should DYOR as they say.
Posted at 12/4/2024 07:11 by pireric
Very much agree with The Millipede/1347

Nice excuse to complain that fund managers don't understand the potential risk reward in companies in this space. Most are serial destructors of shareholder value while management get paid richly. Hence they want to go to the US which seems all too happy to throw cash at ventures in the hope that one in 5/10 turns into a multibagger to justify the other failures. Or just to ride the coattails of US retail investors who are happy to pump and dump whatever the latest theme is

If they really cared about investors they would have:
1) bought out the minorities or at least put a tender offer in place
2) evaluated a US listing mechanism while keeping ETX listed in the meantime

Instead they are just annoying a large proportion of the retail shareholder base. Question around their fiduciary duty to force a bunch to sell at valuations which they self-believe are too low.

Eric
(no holding, never have)
Posted at 11/4/2024 19:26 by the millipede
Ali - I am not invested here and I don’t know what I would do in your shoes.

Might depend on my time horizon. But note there is no promise at all of any future listing so if my horizon were not very long I think I would look to exit. As takeiteasy suggests this move is really about etx being able to raise more capital = more dilution, rather than necessarily any benefit for current shareholders. Silence’s share price has not risen at all since moving to Nasdaq (once you account for the 3:1 consolidation and exchange rate) and at times recently has in fact traded far lower.

You are right to say the vote might not go through. Would be worth also checking with your broker about what would happen to your holding on delisting.

This is not advice. I am here because I wondered briefly about buying some shares for my SIPP which I won’t need for a few decades. But having looked, I think I will pass.

ATB and good luck, TM
Posted at 11/4/2024 15:52 by the millipede
Worth looking into the history of Silence Therapeutics, a previous firm run by Mortazavi. It delisted from AIM in 2021 and moved to Nasdaq.

Currently the Nasdaq share price is lower than the price was on last day of AIM dealing.
Posted at 11/4/2024 14:07 by gnnmartin
When a share is delisted, the company usually arranges with a broker to enable trade of matched bargains. However, I don't think that is mandated, and anyhow it is a poor substitute for trading a listed share. That said, I've never actually used such a facility, so my criticism may be misplaced.
Posted at 31/1/2024 13:12 by dplewis1
Similar line of work to ETX -https://techfundingnews.com/5-things-to-know-about-cambridges-nuclera-eyeing-a-new-york-ipo-and-unicorn-status/
Posted at 28/9/2023 15:00 by 1347
What'a this got to do with ETX?
Posted at 25/9/2023 13:42 by maccamcd
Did you listen in on the investor meet presentation a few months ago?I believe it's been mainly one retail investor who's been selling bits continuously...Annoying, but I hope his colour about the opportunity plays out vs one retail seller doing the damage in a tightly held share
Posted at 25/9/2023 13:06 by 1347
Do ETX do anything, or have they become just another placings today, jam tomorrow company? I hope it's not going the same way as DeepMatter, it was a disgrace what happened there and I note Griff is involved in both. Ali needs to get his finger out and let shareholders know what they are doing, if anything.
Posted at 04/6/2020 18:14 by paulcon1
DP.....

I agree but my initial reason for investing was the share price was at 2p, the MKt Value was 6-7 million (approx) and investors were taking advantage of Mr Woodford's misery...

At 21.75p (week back) I thought ETX share price was in unchartered waters and needed a contract to justify the share price . Other posters disagreed...

It is very difficult to place a price on potential and Intellectual Property..

That said, ETX, look to have great technology that could have game-changing possibilities, have a strong team and some wealthy investors seem to be very keen to hoover up shares. The more I read (and partially understand) the more impressed I am with their work and vision.

I bought some shares at 17.25p today... The joys of investing!!

GLA and IMHO
E-therapeutics share price data is direct from the London Stock Exchange

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