Hemogenyx Pharmaceuticals Share Discussion Threads

[apotheki] 01/3/2024 08:30

Orchestralis 29 Feb '24 - 21:34 - 8802 of 8804

I'm not sure what people expect. This is an early stage pharma with no revenue currently. They have to raise money through the markets to fund research and development. Why is that so surprising/disappointing for people.

[saint in exile] 29/2/2024 23:53

Dont tell the FDA it's a fraud ffs

[orchestralis] 29/2/2024 21:34

I'm not sure what people expect. This is an early stage pharma with no revenue currently. They have to raise money through the markets to fund research and development. Why is that so surprising/disappointing for people.

[luckyabbeygale] 29/2/2024 18:06

Over on the lse forums it is like something I never seen before in how excited the posters was about BOIL and HEMO before these dreaded placing come along. I wouldn't be surprised if at least one has not hung themselves. It must be so depressing all this disappointment on top of disappointment for them. It's bad enough for me loosing 40k that is hopefully going to recover some of it soon.

[trader4ever] 29/2/2024 17:34

Vlad is a deceiver and Fraudster, He has been doing this to the shareholders for many many years. Artificially pumping price with Lies and than raising funds via placing to pay his and his crook team huge salaries.

[apotheki] 29/2/2024 14:15

Absolutely spot on Paul, time and time again this happens to the unwary investor and it's scandalous how easy it is to get away with it. Some of the financial press are complicit in this - on a regular basis. Perhaps they are plain lazy and don't do any research before they write a glowing article for a company promote - or perhaps they are just interested in any old story and just haven't got a conscience. Perhaps they don't have any financial experience at all and are just as unwary as some PIs. My tactic now is that if there is a sudden concerted effort by a co. to ramp its share price and its balance sheet is low on cash then if I'm holding the share I sell into the price spike - more often than not there's a fund raise coming soon.

Fundraises Generally

A pattern seems to be emerging, where speculative companies run out of cash, then they pump the share price with upbeat-sounding RNSs. Shortly afterwards they announce a discounted placing into any subsequent share price rise. Private investors speculating on these shares, buying the price rises, seem to be lambs to the slaughter.

It doesn't seem right to me that shares are still trading, when the company is secretly offering discounted shares to larger investors in placings. It's often obvious from the share price that news has leaked. We really do need the rules changed (and/or enforced), so that shares are suspended when any company decides to do a fundraise. Also we need quicker, cheaper mechanisms for companies to raise cash.

In the meantime, there's a simple way to avoid being clobbered by a discounted placing - don't buy or hold any share where the company doesn't have a cash runway of well over 12 months. Ideally investments should be companies which are profitable and cash generative, hence won't ever need to raise more cash just to keep the lights on.

Jam tomorrow/ blue sky shares are a graveyard for optimistic investors, avoiding these things has been the biggest boost for my personal portfolio returns. That said, the odd one multibags, which is what excites people.

[trader4ever] 29/2/2024 14:15

Vlad is a deceiver, He has been doing this to shareholders for many many years.

[trek3] 29/2/2024 11:34

Jibba, I`m with you on that, in the next month or two
I can see 1.5p, very little confidence left in this company!

[orchestralis] 29/2/2024 11:27

This will bounce again on the next news.

[apotheki] 29/2/2024 11:13

Not at all Jibba Jabber as I for one really appreciate your honest approach which is most refreshing I must say. On the other hand I am now buying again sub the placing price so sub 2p. Anyways each to their own I guess.

[jibba jabber] 29/2/2024 11:07

Keeping powder dry, i know this comment won't be welcome by holders but i see a 1.5p ish buying opp.

[trying2trade] 29/2/2024 10:56

Sorry for the long term holders. Vlad cannot be trusted he has shown time and time again.

[countbasie1] 29/2/2024 10:31

That was my thought too.

[countbasie1] 29/2/2024 10:31

Jayrh You are confused. I didn't ask that question.

[jayrh] 29/2/2024 10:16

You asked what the money would be used for and it tells you in the rns. Clinical trials money is another story

[apotheki] 29/2/2024 09:50

Perhaps it is just a bit too early now but not for phases 2 & 3

[apotheki] 29/2/2024 09:48

Or alternatively a major industry players joins the party with a gift of mega bucks?

[dreamtwister] 29/2/2024 09:46

smart money to be made ! The share price will fall below the placing price !

do not override Dr Sandlers awarded share option are being Primed to be

added to the shares in issue in the New Financial year !

[saint in exile] 29/2/2024 09:00

How do you think.More Placings and on it goes

[countbasie1] 29/2/2024 08:52

Jayrh That's what it says. Then how do they pay for clinical trials which are very expensive?

[jayrh] 29/2/2024 08:47

Read the rns. This money will be used to progress car t to clinical trials

[saint in exile] 29/2/2024 08:44

Beeks I didnt buy that much and was at 2.4p so not that far away.Wonder how long this money will last before the next placing.Guess that's the thing,these clinical trials go on for years with no revenue coming in apart from CRs.

[luckyabbeygale] 29/2/2024 08:40

Tempted for some Hemo, but worried it will take to long to clear.
If I get some spread bet funds from Oriole rising I will get back into Hemo.

I have 55 grand of normal share money in Oriole, and 30 grand of spread bet funds into Oriole and different shares.

[roughandtumbleone] 29/2/2024 08:37

Ok, change the record now fella, no point crying over spilt milk.It's gone now, some will see today as an opportunity to buy at the placement price... others will see 166m shares that will be sold into any rise so likely to see a below placement opportunity as those on T+ have no option but to sell.