Deltex Medical Share Discussion Threads

[nobbygnome] 23/4/2024 12:47

Good to see the bid move on just £700 of stock bought. Of course it’s the cumulative effect of the buys over the last couple of weeks and if we get a big buy, the offer should move too

[bigt20] 23/4/2024 08:35

The spread 11 - 14 may confuse people, you have to look at the trades

[nobbygnome] 23/4/2024 08:18

It’s also worth saying that you can currently sell above mid price at 0.1266 so the screen price is a little false

[nobbygnome] 23/4/2024 08:11

Yes and any hint of good news about sales or approvals will propel the price forward very readily. With cash not an issue in the medium term after all the cost cutting, this is a relative open goal at this level IMHO

[gbenson1] 23/4/2024 07:52

Apologise just checked the trades and it has indeed been increasing over the last week to now 0.137, either a senior moment or rose tinted glasses. But as Nobby said very few sells, I think a concerted push of 100k+ buy trades would force the mms increase the sp

[nobbygnome] 23/4/2024 07:25

And more importantly there have been very few sells. A price rise must be imminent….

[nobbygnome] 23/4/2024 07:22

Last Thursday there was a 750k buy at 0.133 then on Friday buys at 0.136 so the ask is definitely creeping up

[gbenson1] 23/4/2024 06:58

Hi BigT20 if my memory serves me right I think that's the been price for over a week now on the 22m+ shares bought, the mms seem reluctant to raise it nearer to the full 0.14, even after so many share buys!!

[bigt20] 23/4/2024 02:36

I see the ask (ie the buying price for us) has creeped up to 0.137 thanks to the buys on Monday.....

[sidam] 22/4/2024 20:59

That will be a problem for UK based brokers. I do not know one that will open account for someone who is not a UK resident. But there should be some local brokers who will buy Uk shares. It might be that AIM is considered too high risk. However, you might be able to prove you are a “sophisticated” investor. I do not think I can help, but I will ask one of my personal brokers.

What is your nationality? If you are UK national and have a house here that would certainly help.

[greedfear] 22/4/2024 20:55

Thanks Sidam, I appreciate that!

[sidam] 22/4/2024 20:51

That will be a problem for UK based brokers. I do not know one that will open account for someone who is not a UK resident. But there should be some local brokers who will buy Uk shares. It might be that AIM is considered too high risk. However, you might be able to prove you are a “sophisticated” investor. I do not think I can help, but I will ask one of my personal brokers.

[greedfear] 22/4/2024 15:38

The Netherlands.

[sidam] 22/4/2024 15:19

Greedf where are you based.

[greedfear] 22/4/2024 13:55

It is, what it is. I already use 5 different ones. Especially placing UK orders is a problem (I wonder why). And can’t open UK accounts.

[nobbygnome] 22/4/2024 13:44

Time to get a new broker then! I wouldn’t be letting a broker tell me what I can or cannot buy…

[greedfear] 22/4/2024 13:27

No, I never use derivatives. Thanks for the tip anyway.

[nobbygnome] 22/4/2024 12:18

So I presume you are using some sort of derivative. If so, Spreadex will let you take out spreadbets on DEMG

Oh and I am far from certain Lupuzor will work in the current trial so wouldn’t hold for the results…but of course that is 2-3 years away

[greedfear] 22/4/2024 12:11

Saxo. It’s financially not attractive enough for them to accept DEMG orders, thus they tell me it doesn’t fit all kind of rules regarding risk. Degiro doesn’t accept my orders as well. Lynx (IB) same story.

Hm. Maybe I’ll take a look at it then. I still recall you warning people for IMM going to fail regarding lupus. People hated that. You were right after all.

[nobbygnome] 22/4/2024 10:11

Which broker won’t let you buy DEMG? That seems very strange…

And I am not in IMM but just acknowledged that despite all the delays and issues with the Lupuzor trial, the company is looking cheap

[greedfear] 22/4/2024 09:13

Hahaha, just noticed. You’re in IMM (again) Nobby. Haven’t looked at it in years. Still worth looking into it? Cheers!

[greedfear] 22/4/2024 09:08

This will have the same share price movement as POS, LBE and GMS made from their lows.

[greedfear] 22/4/2024 09:05

Still frustrated my broker doesn’t allow me to buy this. At this price I would have loved adding at least 1% of the company. Good for you, the others who see value in this. This is so incredibly undervalued….

[gbenson1] 22/4/2024 08:17

After the reorganisation there are now twice as many shares in issue, it will take a lot of volume to move the stock unlike before when 100k shares would move the sp, that said its really nice to see some concerted buying, we just need the company to issue an update on sales and give us some real figures in pounds/dollars.

[nobbygnome] 22/4/2024 08:06

In a thinly traded stock 1% is relatively quite a lot. But yes point accepted!