Destiny Pharma Share Discussion Threads

[marvelman] 09/2/2024 14:23

My fears of a funding are beginning to feel more of a reality as each day passes with no comment from our leader.

[bones698] 09/2/2024 03:23

Yup gap to fill to 30p ,chart has turned negative and at some point this year funding will be an issue . If they leave it late it could get very painful indeed

[ttlance] 08/2/2024 19:19

Fundraise in August, share price will be decimated when it happens. I truly believe there will be no transformational XF-73 deal. This will drift over the coming months, we will see some rises but this will be MMs sucking in investors thinking the tide has turned.

[bones698] 08/2/2024 17:16

Brollo meanwhile the price continues to fall despite your drawn out BS . See you at 30p or lower here as not sure what fundamentals your looking at in this market . How long before next fund raise too will start to play into this heading south

[carlisle44] 08/2/2024 11:49

Thanks.

Just looked at the link Mike and cannot see that the company information includes Tovey as JH points out or Sir Nigel Rudd.

Institutional Investors list quite impressive IMO and I would hope that one, some or all are pushing for a stop to this continued fall.

[john henry] 08/2/2024 10:32

Not sure how up to date Tovey not even listed

[vaston] 08/2/2024 10:30

SYME IS NOW READY TO FLY

[mikeh30] 08/2/2024 10:09

https://uk.marketscreener.com/quote/stock/DESTINY-PHARMA-PLC-37788317/company/Accurate with no mention of wade

[mikeh30] 08/2/2024 10:08

https://www.destinypharma.com/capital-structure/Doesn't look to be updated

[carlisle44] 08/2/2024 10:03

Where can one find a list of major Dest Investors ie 3% plus? Checked company website bit I cannot find one.

TIA for any assistance

[john henry] 07/2/2024 11:40

First time in 6 days we are not seeing large sells.
Saying that you can buy at mid 42p and it is only AM

[brooko19] 07/2/2024 07:52

Charts are useful but fundamentals are the most important factor, fundamentals haven’t changed here are very promising so I like to focus on the fundamentals. A week ago this looked like hitting £1 just as much as it looks like hitting 30p now but it didn’t my point is the chart is just a useful tool of many needed

[brooko19] 07/2/2024 07:42

Bones first of all you have no idea how long I’ve been doing it or most importantly how successful I have been during the time I’ve been doing it and how successful you’ve been in the long time you say you’ve been doing it.

Quite honestly I don’t care how long you’ve been doing it you see it reaching 30p I don’t you might be right I might be wrong. There was no excitement from me yesterday hardly posted during the day, a friend of mine wanted to buy cuz of the bounce I said if I was you I’d wait for the sell price to be above 45p before I’d get buying….

I’m sitting on profit here so if it drops back to 30p and I’m around break even or a slight loss think my average is around 32p then I’m not concerned.

Congratulations on your millions you’ve made glad to see you’re using it wisely sat on bb’s sharing all your experience

[bones698] 07/2/2024 05:26

Brooko for the record I'm not just hoping I've been at this game longer than you and most . Based on the charts ,lack of new news ,funding etc etc this is likely to hit 30p before any recovery commences and will take good news to do that.

Unlike you I don't get excited and sucked in with a small rise after a big fall only for the trend to continue downwards after . Too many mug punters get sucked in far too early and end up sat on losses soon after their purchase . Mayen one day you might learn these things

[john henry] 06/2/2024 21:06

Brooko when you sell the MM buys when you sell the MM buys.
The book will remain almost always balanced or will rebalance after a few sessions on a spike. 3 day rule.
With SETS the trades are balanced electronically.
There is a price for everything.
Lets say for argument you wanted to sell 500k in DEST tomorrow it can either be worked with a limit.
Or an MM may offer you 20p
There must always be equilibrium if not the market simply wouldnt work.

[brooko19] 06/2/2024 19:18

By that I mean other than the market makers

[brooko19] 06/2/2024 19:16

There isn’t JH if I sold all my stock Negotiated trade there isn’t a buy waiting that’s why it would be discounted because the mms are committed to taking that stock off you hence drives the share price down. More buys drives the price up more sells drive the price down if there had to be a buyer or seller for every trade the market couldn’t function

[john henry] 06/2/2024 18:31

Brooko for every buy there's a sell and for every sell there's a buy

[brooko19] 06/2/2024 17:38

With the drop we’ve had I’d say 5 of that 7m will be sells 2m stops and panicked PI’s at a guesstimate that so 3M from the seller plus what they’ve been selling for months it’s gotta be really close to them being completely out IMHO

[brooko19] 06/2/2024 17:35

JH wade are above 3% I know the furniture company is below but because she owns that I believe she still has to notify as one entity unless you telling me different that’s just the way I’ve read it… my experience with TR1’s is people hardly ever issue them to the company when they should and usually just do it when the completely out..

[john henry] 06/2/2024 16:14

7 million shares traded past 5 days.Everything being equal that's 3.5 million in sellsNearly 4% of the company in sells

[john henry] 06/2/2024 16:07

This daily drip drip which recently has turned into o a flood has been going on for months.If the seller had been over 3% then we should have seen a TR1 That's why imho the seller is below a 3% holder

[john henry] 06/2/2024 16:04

Henley2 if the broker haven't a buyer then there's very little they can apart from help with an orderly market.

[henley2] 06/2/2024 15:59

No one has replied to Banshee’s question regarding the evidence that the Wade Family Trust are selling their stake. I find it hard to believe that our newly appointed broker Shore Capital would not have approached them to buy the block from them and place it amongst their clients in an orderly fashion, rather than a continuous drip feed of shares onto the market.