Summit Therapeutics Share Discussion Threads

[kmjs] 04/10/2016 15:32

Hugus M

My 21123 just about "bang on the money"?

Now with this major cash injection there's no need for panic re a potential funding and
I would hope time to carefully consider the future path of RDZ.

I'm hoping talk of a large $1Bn+ antibiotic "bounty" for successful new drugs will
tempt SUMM to hold back on a deal, or at least add enhancement clauses to any contract
so we benefit if World governments agree to fund the idea.

Nice to finally get one right!

[freedosh] 04/10/2016 15:29

Just don't want it sold cheap, Hugus
It's not in the same league as DMD opportunity but still has plenty of value

[hugus maximus] 04/10/2016 15:27

I thought the fact that RDZ is still 100% owned by Summit might your day freedosh!

[freedosh] 04/10/2016 15:24

Suggests they have a substantial buyer in the wings, Hugus
Doing this funding deal whilst retaing US rights is amazing
Well done Glyn
Hope this means we can keep RDZ now !

[solomon] 04/10/2016 15:24

Hugus - I would like to think that the MM's have taken the extra million or so onto their own books becuase they have done the calculations and know that they can sell them much higher.

[luminoso] 04/10/2016 15:23

There is still C.Diff news to come - either a deal or a statement that we go it alone.
None of that is in the price yet, IMO.

[glenkaz] 04/10/2016 15:21

🗣 booooooooooooooooom! 🙃

[hugus maximus] 04/10/2016 15:12

Even on a good day the MMs baffle me ... so far reported buys of 550,000 against 1,400,000 sells ? Yet as luminoso mentions 350,000 sold (by Mr Griffiths?) and got swallowed up with little effect on the share price (and the reported time seems to make it chronological)

[luminoso] 04/10/2016 14:57

Richard Griffiths perhaps had a dump of 350k plus shares this afternoon ? If so well absorbed by the market. Turnover is stunning for this share.

[glenkaz] 04/10/2016 14:56

£3.50 tommorow 🤑

[someuwin] 04/10/2016 14:55

Phenomenal indeed - and more to come too.

[freedosh] 04/10/2016 14:45

phenomenal!
OK folks - Hows that for my handle?

[waterloo01] 04/10/2016 14:44

What was I saying yesterday about Nasdaq volumes. Close to 5m equivalent shares traded already today, now that's an indicator.

[glenkaz] 04/10/2016 14:42

Should have a nice gap up in the morning! 🤗💷 yummy!

[poseidon2] 04/10/2016 14:42

Nasdaq up 113.88% !!

[joosepi] 04/10/2016 14:42

Summit Therapeutics PLC (ADR)

NASDAQ: SMMT - Oct 4, 9:39 AM EDT


18.59USDPrice increasePrice decrease9.94 (114.91%)

[joe shone] 04/10/2016 14:35

nasdaq now £2.82

[curlly] 04/10/2016 14:32

look at nasdaq gooooooooooooooo

[luminoso] 04/10/2016 14:25

Thanks waterloo.

[joe shone] 04/10/2016 14:21

£2.57 pre in U.S.

[glenkaz] 04/10/2016 14:08

Well done all🤗 I haven't got a clue! Just popped £10k in at 2 !! Can this go to the moon 🤔 What you guys think we could hit this week 🤔

[waterloo01] 04/10/2016 14:06

luminoso no client only note but quite a lot of it was put out via twitter so suspect it's somewhere on the interweb.

(this guy has a small chunk of it on 16th Sept)

[luminoso] 04/10/2016 14:04

is that a half million pound deal i see before me on the screen ?!!

[colin12345678] 04/10/2016 14:04

hugus loads of pre buying mate $16.40 paid

[luminoso] 04/10/2016 14:04

Was there a link to that wainwright note, waterloo ? lost it with all the posts on here !!!