C4x Discovery Share Discussion Threads

[trotterstrading] 13/3/2019 06:43

Better day here yesterday, once we clear 60p buyers will return as the chart shapes up

[richardjohn10] 12/3/2019 13:25

Just bit extra exposure wouldn't hurt

[davemac3] 12/3/2019 13:10

Justin and Vox are just a PR machine, I would rather let C4XD's results speak for themselves - just need to be patient

[richardjohn10] 12/3/2019 12:04

It's about time Justin Waite covered it again on VoxHe's invested here and holds it in high regard

[rafboy] 12/3/2019 10:50

April is not that far away and the share price can move very quickly. I suspect this week is a turbulent one due to Brexit votes etc; however, opportunities to buy at these levels will be limited very shortly. Yes, the director buy was an indication that no major news will arrive in the next couple of weeks or so but the shares are tightly held and a few decent buys will see us well above 60p in short order.

[john henry] 12/3/2019 10:41

Any volume selling seems to have cleared Thurs, Fri last week.

If the share price can move back above 60p and hold, buyers will return.

Aimho

[trotterstrading] 12/3/2019 10:32

I think there are now only a tiny pool of sellers at this level, 99% would be selling at a loss. We just need a few buyers to join the party. Of course buyers are in short supply in the current environment, but I would suggest anyone with a investment horizon beyond Easter will do very well. Short term CEO buy was a double edged sword, often a trigger for hot money to move on in expectation of a news free period.

[john henry] 12/3/2019 10:11

55p was the old all time closing low , notice how the price has stalled. hopefully a temporary short term resistance.

[trotterstrading] 12/3/2019 09:50

Agree 100%

[alloa2003] 12/3/2019 09:47

I think there was some short term profit taking when the director bought - means in general that no announcements imminent. However, now the short term traders have been shaken out I dont think there is much stock around at these levels.

[trotterstrading] 12/3/2019 09:42

Bouncing nicely off all time low, good sign for a strong move north IMHO

[alloa2003] 12/3/2019 09:39

I have just topped up and moved the price - dont think there is much stock around at these levels.

[rafboy] 12/3/2019 09:36

Would be good if we have.

[parob] 12/3/2019 09:35

Think we may have seen the bottom. Love a double bottom on the chart!

[rafboy] 11/3/2019 09:12

Just had a small 2k share top up. Wish I had more spare funds as I think the share price will be much higher come the end of next month.

[richardjohn10] 10/3/2019 20:03

Great price currently....Will keep adding!!!!

[pol123] 10/3/2019 18:23

yep agree, next license deal should underpin the business model / approach

[trotterstrading] 10/3/2019 15:14

Rich, when the last license deal was announced the share price was around 60p and shot up to £1.47 within 2 trading sessions, it then pulled back on profit taking. If the next license deal is of the same magnitude (around $300m) then I would expect a similar reaction with one major difference, the pull back would be far smaller, if at all for three key reasons.. 1. The third License deal is expected in the same calendar year. 2. The Co would have proven they can repeat their previous success, so no fluke. 3. Acceleration of the business towards their target of 3-4 license deals p.a. IF they close two license deals this year they will have a pipeline close to $1 billion and a cash balance of c.£30m in the bank. The share price could easily exceed £2.50 in that scenario IMHO

[shrewdmole] 10/3/2019 14:54

I shall be adding further on weakness.

Just a crazy price and that distressed ii dumping stock has given shrewd pi’s a chance to take advantage.

[rafboy] 10/3/2019 11:38

Yes and from what I can see fairly tightly held. Although, I suspect there have been a few traders about recently with the drop.

[pol123] 10/3/2019 11:36

Thanks TT, been getting my head around their products etc. Feels like C4X is currently pretty much off radar with potential for the share price to move North very quickly given further news.

[richardjohn10] 10/3/2019 09:23

TT what's your personal prediction for share price this year?

[trotterstrading] 10/3/2019 08:35

Welcome aboard mate, I continue to add on weakness also. Seems sensible given Mgmt have acquired much higher so to have reputable II's taking £10m at 90p just 4 months ago (a whopping 50% premium to current price)! The extra cash also allowed C4 to accelerate multiple programmes, including their exciting Parkinson's programme, for which we are due an update soon IMHO.

[pol123] 09/3/2019 11:24

Picked up some of these on Friday, interesting and look to be undervalued