Amryt Pharma Share Discussion Threads

[papillon] 26/8/2020 13:33

They're probably waiting for these EASE phase3 results, Nick, before shelling out with more of their money. Not long to wait now before we see the direction the AMYT share price will take.

To be honest, Nick, the AMYT share price rose significantly from early May until early July precisely because of the imminent listing on Nasdaq and I suspect a large chunk of the buying on AIM during that time was by American investors. Definitely the very large trades during that time were likely made by Americans. Don't forget they have around 70% of AMYT shares. They have seen big gains (sp doubled in 2 months), some, no doubt, took some profits off the table and are waiting before buying back in (or selling the lot if the trial news is bad!).

At the moment if you buy, or hold, AMYT shares you are taking a punt on that EASE trial result. I firmly believe the percentage rise in the share price if the news is positive will be far greater than the percentage drop if the news is negative, but the direction of the AMYT share price will definitely depend on that news. We could get a speculative rise in the share price preceding the news, but I'm only guessing.

PS There are biotechs listed on Nasdaq with less turnover than AMYT and loss making with much higher Mkt Caps than AMYT. Sp's and hence Mkt Caps of biotechs on Nasdaq all depend on how investors view the company prospects and not necessarily whether they are currently making a profit, Nick.

[nick rubens] 26/8/2020 11:46

That NASDAQ listing hasn't done much after the big run up to it on AIM. Perhaps the American Investors aren't as irresponsible with there money like we thought? Maybe they saw the chart and didn't want to be spike victims? lol

Perhaps a sign of profits with all that turnover would help?

[bazworth] 25/8/2020 14:47

Top up time, reckon there may be a very good short-term opportunity!!

[papillon] 25/8/2020 14:18

Well knock me down with a feather!! 3,450 ADS's traded already on Nasdaq. Have American investors finally woken up after being asleep all day yesterday? 😁

Will AMYT on AIM kick off from here now, bazworth and ab321? I sincerely hope so. EASE phase 3 topline data to be released late September or early October. Not long now! Top up time?

[ultrasharp] 24/8/2020 15:39

Volume currently zero on Nasdaq! A big fat zero! 😭

ATB PAPILLON

[papillon] 24/8/2020 12:29

If only I could sort it out, ab321. 😕

Perhaps it'll start on Nasdaq this afternoon, bazworth?

[alphabravo321] 24/8/2020 07:13

Yeah can you sort that out please Pap...

[bazworth] 24/8/2020 06:05

papillon, it’s now next week, can we get started please?!

[papillon] 21/8/2020 14:28

Perhaps the "excitement" will start next week, bazworth? Fingers crossed as always!

[bazworth] 20/8/2020 22:47

Can barely stand the excitement of it all...

[papillon] 20/8/2020 22:09

Bloody hell! Only 504 ADS's traded in total today on Nasdaq!!😒 What's going on?😕

That's just 5 x 504 = 2520 AMYT shares. They're having a laugh!!

[papillon] 19/8/2020 22:43

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I sold 500 and then another 1000 last week out of my 5,500 holding. Bought that 1000 back today @ 175.90p. My holding is back up to 5,000 shares. Sells were going through at 175p

[papillon] 19/8/2020 22:32

AP101 phase 3 results still some way off. 4-6 weeks is a very long time for traders and speculators.🤔; Wait until we get closer to the results before we see lift off, bazworth.

[bazworth] 19/8/2020 22:21

Another gripping day! Beginning to wonder what it is that I can see that others cannot!

Sheeeeesh, we need a WHOOOOOSH,

[papillon] 18/8/2020 22:49

Despite the high volume on Nasdaq today it's still more expensive to buy AMYT shares on AIM.

Closing price on Nasdaq was US$11.24. Dividing by 5 and then the exchange rate (1.32) gives £1.703

[papillon] 18/8/2020 22:38

76,213 ADS's traded on Nasdaq today. That equates to 381,065 AMYT shares. Good volume with some large trades scattered amongst the smaller trades.

[alphabravo321] 18/8/2020 20:27

Yeah its strange, you would fund it hard to believe we are 4-6 weeks away from 101 results and the share price is going sideways

[bazworth] 18/8/2020 20:09

Strange that we are nudging down on AIM caused by only a handful of small sells.

Couldn’t possibly sell, so much potential here and the leadership team seem to be delivering on all that they promise!

[alphabravo321] 18/8/2020 19:59

Rising as opposed to wishful

[alphabravo321] 18/8/2020 19:59

It certainly is

[bazworth] 18/8/2020 19:17

Is the volume on NASDAQ rising or is that my wishful thinking?!

[papillon] 18/8/2020 00:10

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