Aptamer Share Discussion Threads

[ddonaldson2] 05/2/2024 13:32

amaretto1 Friday - "Alzheimer test
Going to get lively here !!
Mark my words"

stock down 24%..

amaretto Monday - "I'm right, don't worry about that"


looooooool

[amaretto1] 05/2/2024 13:07

I'm right Don't worry about that ! York was very wet at the weekend I've heard

[icac] 05/2/2024 13:06

personally I wouldn't wait, beacsue the only thing that will come next from the company is more firing blanks. follow by running out of cash and offering more discounting shares to the market.

[icac] 05/2/2024 12:55

wish you luck and hope you are right

[amaretto1] 05/2/2024 12:40

Nicely set up

[amaretto1] 05/2/2024 12:40

Don't worry Believe me ! Wait for next news drop

[icac] 05/2/2024 11:11

just think deeply , if apatmer twch were so good, many pharma companies would have jumped in to sign deals and not walk away.. they've been and seen it and walked away, what does this tell you??

[icac] 05/2/2024 11:09

aptamer tech maybe a slight cheaper than antibodies but not as proven. many many pharmaceutical companies simply not taking the risk of changing supplier / method.
cash will burn though until end of 2024, then what???

[argylerich] 05/2/2024 10:43

The company has annualised costs of £3.6m or £300k pcm.

They have £2.1m in the bank.

That's all costs covered with no income for 7 months until August 2024.

They have £1.4m of contracts signed which is just over 4 months money.

That takes them to Dec 24 which is well into FY25 as they have stated (not 2025 calendar yr as some lazy reading is saying).

So any new deal from now extends the 'runway' by 1 month for each £300k of value and they have 11 months of cash/business to go on.

[icac] 05/2/2024 10:38

today RNS is the same bull ..t. jam tomorrow to buy time , hoping they can use investors cash to hopefully one day invent some thing big..

[icac] 05/2/2024 10:36

as I said before the drop from 1.1p. their product is simply not a game changer.. I lost 12k in this buying from Higgs 6p and lows 1.2p. only found out from people in the biotech business who been to see their aptamer tech ( one of many leads) saying it's not a game changer tech, and too risky to change from a proven antibody method to their method to make a drugs.

[npk2] 05/2/2024 08:48

Statements like these don't instilled confidence."Revenue for H1 FY24 is now anticipated to come in at approximately £0.3 million (H1 FY23: £1.0 million).""The Company expects to progress the £1.4m of signed work and a proportion of the additional £1.5m of advanced stage sales pipeline through the laboratory before the end of the financial year, subject to target material being delivered by customers in a timely manner and scientific attrition.  Accordingly, the Company expects to deliver less than market expectations, in terms of fee-for-service revenue, for the full year."

[bones698] 05/2/2024 08:30

You will find the cash runway is dependant on getting the deals signed . Problem here is that dilution is never far away and the share price is so low that another fund raise would be crippling even worse than the last one . For that reason this is looking extremely risky now .

[ydderf] 05/2/2024 08:29

Cash burn is huge - fuel may see it through next winter only

[argylerich] 05/2/2024 08:11

£2.1m of cash, every deal signed from now onwards pushes that cash cushion forward into FY25. One or two medium/larger deals and they're in the clear.
Now we watch to see if anyone increases their stake/or not.

[bones698] 05/2/2024 07:52

That explains the drop end of last week tbh not great news as they are low on cash and not signing deals fast enough so will need to raise money end of this year probably and that depends on if the deals they think will get signed happen or not .

[parsons4] 05/2/2024 07:51

The main news is that they have a cash runway well into 2025 that is good news. GLA

[npk2] 04/2/2024 16:07

Then you might have to get that long awaited 3pcent RNS issued.

[amaretto1] 04/2/2024 08:01

If it did I'd buy another 5 million ! So i hope so

[icac] 03/2/2024 22:42

I can see this company mcap drift down slowly and slowly into 0.5p territory..

[icac] 03/2/2024 22:40

my worry is not about future placings.. my worry is about out of 100s of lead, there has not been a great amount of parties interested.
the more placings , the more money they get, the more cash they burn...
I invested hoping that aptamer tech would a game changer in the biotech world. I'm afraid all the other pharma companies see it differently.

[npk2] 03/2/2024 18:26

You could be right as it could be a placing at a lower price than close on Friday.I don't think it would be too much lower though.

[amaretto1] 03/2/2024 11:44

Maybe But it won't be from near this share price Maybe you should buy back in !!Stop you stressing over your losses

[icac] 03/2/2024 11:38

there will be another raise soon..
no doubt about that.

[icac] 03/2/2024 10:20

cash burn is higher than what they can bring in is the biggest worry. 👍 👌