Deltex Medical Share Discussion Threads

[gbenson1] 26/4/2023 07:45

Can't understand the MMs they drop the Sp 3.6% without a trade, presumably from yesterdays sells? Then start this morning to sell for almost full ask?? All adds to the theory that their short of stock?

[nobbygnome] 26/4/2023 07:24

The MMs here are being exceptionally mean making someone pay 1.4999 for 15k when there is such a wide spread!

[nobbygnome] 25/4/2023 20:04

The price is up 30% this week so there are bound to be some sellers; this is Aim we are talking about. However there were also buys at the higher level so there was healthy 2 way trade

[bigt20] 25/4/2023 17:21

ramnik007 25 Apr '23 - 17:42 - 11874 of 11875

The sellers came out in the afternoon after the spread was raised. Makes me wonder how much more volume is waiting to sell.

[nobbygnome] 25/4/2023 16:46

Well I wasn’t expecting that sort of day after I read the RNS this morning. I guess it’s down to the apparent promise of a big rise in sales once the monitor is launched as that seems a slam dunk now. Anyway very good to see the share price rising at last and it would appear from the MMs behaviour that it should go higher in the next few days and weeks…

[ramnik007] 25/4/2023 16:42

MM not able to quote offer price of 1.5p for even 250k. Perhaps will need to get to 2p before decent number of sellers appear.

[bigt20] 25/4/2023 15:27

Looks like 1,068,000 buys v 950,000 sales
or am I misreading the 200k and 250k trades at 1.29?

[nobbygnome] 25/4/2023 12:07

No online offer at all now. Maybe a delayed buy in the works…

[nobbygnome] 25/4/2023 12:05

Wow, it briefly went 1.4p bid before the 100k sale

[nobbygnome] 25/4/2023 11:19

Someone bought 260k just below 1.5 and up we go. Ridiculous spread but a sure sign the MMs are struggling

[nobbygnome] 25/4/2023 10:47

I’m being quoted the full 1.4 offer even for small amounts. Hmmmm….MMs caught and short!

[gbenson1] 25/4/2023 09:47

Currently 1.245 to sell with ii, so bid quoted on ADVFN way off (1.10)

[ramnik007] 25/4/2023 09:41

Still no online quote for 50k. MM have very little stock even at 1.4p

[nobbygnome] 25/4/2023 09:36

1.3 offer gone

[nobbygnome] 25/4/2023 09:34

Yes we should get another move up shortly.

[the count] 25/4/2023 09:28

--->ALL

Ridiculous spreads by the MMs.

Was able to get electronic quote for 50k @ 1.3p a short while ago, now only 25k available at that price, which is simply not worth the effort.

I enquired for a price to buy 250k. I was quoted 1.45p. That's way, way above the touch price of 1.3p. Madness!

Regards,

TC!

[amt] 25/4/2023 08:40

The margins are very high and overheads very low so it won't take much to push this to cashflow positive.

[nobbygnome] 25/4/2023 07:25

Oh and Nigel won’t let the company fail so that is a very reassuring backstop especially when they are so close to better times. I am looking to increase my holding as and when I can

[nobbygnome] 25/4/2023 07:24

>> Ramnik

They are a cash strapped company let down by NICE/NHS, trying to develop new technology. Yes of course all companies make mistakes but the environment they have had to operate in has been extremely difficult. Let’s hope the launch of the new monitor will drive the price up and lead to the much vaunted takeover by Edwards or the like. This is not a pipe dream and could easily come to pass

[chrisdgb] 25/4/2023 07:10

Past performance is no guide to the future.................

[amt] 25/4/2023 07:06

Yes he obviously believes they will come good in the end.
It's been a ten year wait but leading edge tech particularly in the medical world takes forever. I really think the year ahead will be very exciting.

[ramnik007] 25/4/2023 06:51

Better late than never. Without Nigel's cash guarantee, company could have gone bankrupt. At least now investors have some hope of getting some of their investment back once new device sales gain traction. It is a given bad decisions we're taken historically, resulting in where Deltex finds itself.

[amt] 25/4/2023 06:49

Better late than never.

[mrc2u] 25/4/2023 06:33

Is this the same as the "next generation monitor to be released in Q4 2021" which we were told about two years ago on 22 April 2021? They could at least acknowledge that this is very late and explain why and what they have done about it. Also sounds like they will only have a week or two of shipments to move the H1 needle. Sloppy, pushes back exit and Mr Greedy has pushed up his interest rate.MrC

[amt] 25/4/2023 06:12

This is the launch at last of the noninvasive monitor. This should be much more attractive than previous models so the potential is enormous.
I recall when this technology was first announced ten years ago from memory the BBC reckoned on it saving the NHS a billion pounds per year. Globally the opportunity is huge. There is competition but perhaps this will now be the best monitor on the market