Evgen Pharma Share Discussion Threads

[wololol] 18/1/2024 08:35

Yes they must know a big rise is coming and are short of stock and don't want to be caught with their pants down.

[dave4545] 18/1/2024 08:31

NT to buy but they have fill or killed me 100k at 1.4p so why not just offer the stock online instead of these constant games

[the imperialist] 18/1/2024 07:58

It's his age :-)

[wololol] 18/1/2024 07:57

Clock you are reading into it too much. The wording is correct its just the way it reads in the same sentence. All is good. Looking forward to today's price action at all lows when the company is in its best position.

[clocktower] 18/1/2024 07:28

So Wololol they wrote to you and clarified the message but even knowing the consequences of this, they have to date not wished to inform the market as a whole.

Is that incompetence or was it their intention to be vague and leave the news to interpretation?

So the question is, what are they cooking up?

[wololol] 17/1/2024 19:38

I've just calculated looking at previous share volumes, that AXA must have sold at least 8-10 million shares but maybe more since the holdings RNS on 27th. They must be running on fumes and could be out any day now. Is this why it's been so hard to buy today as the overhang is nearly done?Time will tell but if my hypothesis is correct we should head north pretty quickly in the very near future. Coupled this with all the news due in early 2024, it's definitely a good time to be invested here IMO.

[clocktower] 17/1/2024 17:33

Wololol another 230k sold at 1.35p after 5pm is not the best of signs for tomorrow but the chart according to T I is always right.🤣315;🤣

[the imperialist] 17/1/2024 16:15

Clearing the pipes old boy, just clearing the pipes. That's how we eventually fly to 4.5p with little resistance.

Watch and learn son. ;-)

[clocktower] 17/1/2024 16:14

So much for T I's charts.

Truth is that the share price is driven by news be it positive or negative and a bit of inside knowledge and a number of day traders.

[clocktower] 17/1/2024 15:05

Not much confidence around, which I guess is because they have not made a public statement to that effect Wololol, seeing another 500k sell just now.

[clocktower] 17/1/2024 14:39

Cheers Wololol.

However, the news T I talks about could just as well be about a 3% holding, up or down or both I guess.

[wololol] 17/1/2024 14:26

I have had response from investor relations and it's all good as we expected "The language used in yesterday's Reach was consistent with our previous guidance on cash runway which we have always stated does not account for receipt of milestone payments." Hope that clears the air for investors on the sidelines.

[clocktower] 17/1/2024 13:58

Well so far all that it seems is those 2m shares have been taken up by buyers but will we see a few more million sold by the end of the day. There has already bee a few sellers and I doubt they are those that bought at 1.4p.

markth, did you write to investor relations about the news and if so have they responded, as they do not seem keen to make clear their intentions but I think we can now assume (because of all the buys, that it was just poorly worded)it was as I thought, and if you go back and look at the proactive video, it was always stated that:

"A total of £4.4mln ($5.5mln) in milestone payments are expected from collaboration “within 2024”, Evgen confirmed."

So the news yesterday just reinforced that now S have the cash.




Good luck.

[markth126] 17/1/2024 13:33

Look, Im no believer in charts but the latest movements are very reminiscent of the October 22 movement. Hopefully we will see a similar movement up soon and be rewarded for our patience. I, for now are giving the board the benefit of the doubt.

[the imperialist] 17/1/2024 13:32

Thanks Clocky, so that suggest more news in the pipeline. Great stuff! Exciting times.

[clocktower] 17/1/2024 13:27

T I it would have to be a huge lot more than re-writing the non-rns from yesterday.

[the imperialist] 17/1/2024 13:21

Does the 4.5 p news land tomorrow?

[wololol] 17/1/2024 13:18

People were paying 2p only last week and that's before the Stalicla funding news, so naturally that would be the first target from here which is some significant upside.

[lawson27] 17/1/2024 13:05

Joined you for a few @1.49, looks to be a decent recovery play in the right sector for 2024 imo, GLA

[wololol] 17/1/2024 12:12

Does anyone have level 2 to check if overhang gone? I've never known it this difficult to buy.

[the imperialist] 17/1/2024 12:12

“GDR, BLU, WSBN, and EVG.”

GDR popped (first phase last week), BLU went today. EVG and WSBN left to complete the quartet for this month. ?

EVG is clearly in-play. WSBN just started its journey with an 8% rise.

NOTE: I've added NANO to the list. (not the same algorithm by which I can predict the aforementioned stock rises with precision, but a 20p stock considering a 10-11p special dividend. They are also cash-rich following a multi-million pound payout from Samsung).

DYOR as always.

[the imperialist] 17/1/2024 12:01

Watch and learn Clocky!

[wololol] 17/1/2024 11:59

Currently NT to buy. Maybe the overhang is gone and the MMs are struggling for shares.