Evgen Pharma Share Discussion Threads

[lovewinshatelosses] 04/1/2024 15:08

Well, sentiment here could not be much lower, so if by some miracle we get news that suggests we current holders are not mug bag holders, then sure.
I took a couple of tranches of C4XD yesterday and set a sell order for around the 200 DMA. Both hit earlier. Nice little profit and hope for LTH's in that one that it continues to rise and rise. But I am done with investing in this space (apart from the legacy bags, such as this one!) so not going to concern myself with whatever direction it takes. Trades only from now on. GLA.

[clocktower] 04/1/2024 15:06

Good Luck with that W but three months ago, almost to the day the CEO said:

"I'm also pleased to welcome Toni Hänninen to the Company as interim CFO. His proven experience in the AIM market and beyond will be invaluable to us as we enter the next phase of our development."

Toni Hänninen commented: "I am very excited to join the Evgen team and to support the Company development going forward. I am impressed by the highly experienced team and the board of directors, and the Company strategy of demonstrating proof of concept and concluding partnerships with larger organisations to accelerate the development of SFX-01 to the market."

Of course Toni Hanninen has enjoyed working with Huw, as he to has been paid how much for for what?

KingAlf has been correct all along you have to admit.

Yes it could change but if I had taken his posts more seriously much sooner, I would have saved a lot of the loss I made here.

I really wish you all well but it seems to me that few have acknowledged KingAlf's success if he was short.

[wololol] 04/1/2024 14:58

Just a little longer to wait then we do 200-300% off one RNS.

[dave4545] 04/1/2024 14:40

Surprising this is dropping still when the sector is going crazy today with huge rises in so many bio's and pharmas

[clocktower] 04/1/2024 14:36

LOL W background buyer - wishful thinking.

Axa still selling?

So much for the expected news you were hoping for.

No new 3% holder you all were hoping for when the MM were working those Axa shares out at 1.6p

The directors have been taking the P.

[wololol] 04/1/2024 14:32

Bids gone to 1.4 can sell 500k in one go, must be background buyer.

[wololol] 04/1/2024 12:50

Other pharmas smashing it. C4xd, Angle hopefully EVG next

[wololol] 04/1/2024 12:49

No options this year? Must be news next week.

[xxproinvestorxx] 02/1/2024 08:53

Kingalf,Again, you are sprouting absolute nonsense and it is clear you lack any reasonable thought processes. Could a share placement happen this year? Sure, it cannot be ruled out as a possibility. However, the company expects good news flow and $5 Million payment from Stalicla by the end of the year.Even if they were to raise, with the share price so low, do you really think the bod would ever attempt to place over 600 million share like you suggest? Absolutely not, it would be career suicide for them to do so. Also, they only have the authority to place "up to an aggregate nominal amount of £229,073 (being approximately one-third of the current issued share capital)".Anything over circa 90 million shares and they would have to call an EGM and ask for shareholders' approval. Do you really believe that existing shareholders would support such a heavy dilution when it is not needed? Not a chance in hell.Any reasonable person would be able to deduce that it would be utterly illogical and moronic for the bod to attempt to dilute shareholders 70%, when it is not necessary for the company's survival. They do not need that much cash or a cash runway that long (would give approx 4-5 years) and you would be idiotic to believe that they would attempt this. No chance will this happen.I don't mind people having alternative views, in fact it can often be a good thing. However, I have issue with people making up lies and spreading misinformation – this goes both ways with positive and negative views.Spreading such rubbish that has no logical reasoning and not based on facts highlights your lack of education and goes a long way to undermine your argument.

[kingalf] 01/1/2024 19:56

Rizs,from a share dilution you could well be right.
If they try and raise another £10 million again at today's price they'll have to issue around 666 million shares, add that to the current issue of 275 million they'll have a hefty 941 million shares in issue. If these ever got back to 10p, it would value the company at £94 million. Can you now see why these are such a bad investment.

[wololol] 01/1/2024 15:53

Website investors section has been updated last week. Only AXA have trimmed the position out of all the holders and I expect there will be a RNS next week to show who has bought them. Holding strong here for massive returns in the forthcoming days.

[rizs mummy] 31/12/2023 20:46

Administration by July

[xxproinvestorxx] 31/12/2023 16:07

Absolute nonsense. They have no knowledge of a placement as that would be insider trading and illegal.A company with €850 Billion AUM are hardly going to commit insider trading for assets worth circa £300k.

[kingalf] 31/12/2023 00:09

AXA probably got wind of a new placement, they are either getting out all together as the dilution at these levels will probably wipe out any potential future share price growth, or alternatively are freeing up cash to participate at a much lower placement price. I personally think they are cutting their losses.

[clocktower] 29/12/2023 13:45

If that last 250k was AXA they are still selling but if it were PI's they would never get 1.6p which goes to show how manipulated the market has been for them to move over 10 million shares recently without it killing the share price even more.

[clocktower] 29/12/2023 12:05

Will there be a new entrant with 3% plus announced in the New Year, as someone has been buying a lot up as well, and the 250k buy today may have tipped the scales.

So maybe it might be good news for markth126 and others still holding.

Good Luck in 2024 may be the directors will start buying but somehow I doubt that, still the confirmed CFO might pull the bunny from the hat.

[markth126] 29/12/2023 12:03

I see it is as a positive and perhaps points to why directors couldn't buy as they would know axa were selling down. Might be forced from a valuation point of view and had to sell out. Someone's bought them though. Looking. Forward to 2024 and beyond

[clocktower] 29/12/2023 11:35

Well that RNS answers a few questions - over 10 million shares disposed of (which I guess was the trades at 1.6p).

Question is have they finished or is there more to come and is any other big holder selling?

[kingalf] 28/12/2023 22:36

Die hard Tories must thought the same thing when Cameron came back. Sadly, they and you are both wrong.

[peterm10] 23/12/2023 13:35

Very encouraging to me. No decent CFO is going to sign up to a dog no matter what the options

[markth126] 22/12/2023 10:44

I think the same but now watch for the options now he's permanent. Which is a shame unless of course he buys some. Merry Christmas holders and see you on the other side

[wololol] 22/12/2023 10:33

No doubt Toni has been over the Stalicla deal numbers in detail and thought yeah I'm having some of that. It must have great long term prospects otherwise he wouldn't have joined permanently.

[clocktower] 22/12/2023 08:54

Sounds to me that they want to start providing news next year, as they stated they are looking forward to a busy year.

What that means based on their past record is anyone’s guess. Is it like “we wish we could buy shares “

On the other hand you might hit the jackpot.

[wololol] 22/12/2023 07:51

Great permanent appointment that's definitely good progress with his background at Faron. Looking forward to lots of news in Jan.