Mereo Biopharma Share Discussion Threads

[escapetohome] 04/6/2020 12:43

Yes very much so, im thank full i retained some.

[harleymaxwell] 04/6/2020 12:41

nice u turn

[escapetohome] 04/6/2020 09:57

I went in to Hurricane energy.

[escapetohome] 04/6/2020 09:57

I took some profit, but i retained an allocation , which ill hold throughout.

[bad gateway] 04/6/2020 09:52

Probably-or it will be one of those co's that has its placing its taken well and it flies on the prospects the funds see in it.

[iamgreat1] 04/6/2020 09:33

This share struggled without the placing now at 17p will be around these levels for a lot longer

[ember11] 04/6/2020 09:21

Agree. They are now fully funded and a few pence in these uncertain times doesn't really make a big difference unless someone is a day trader.

[avsome1968] 04/6/2020 08:20

I think its a good time to raise money for any company at these uncertain times can see lots of companies going to the wall later in the year because they cant get funding, price holding up well.

[showmethemoneyhoney01] 04/6/2020 07:44

They only raised a few months ago. Just goes to show how cash hungry these early stage pharma's are. Back under 20p imo. I've got a few for the end game so not that bothered.

[rediffusion] 04/6/2020 07:38

Lucky escape. Death spiral funding with warrants plus two sellers probably still want out. Biotech sure does bleed cash.

[dave4545] 04/6/2020 07:35

If it was 25p to sell yesterday what a result for anybody that took it.

[pejaten] 04/6/2020 07:16

placing at 17p rather kills things

[escapetohome] 03/6/2020 19:48

Yup holding steady over there.

[oapknob1] 03/6/2020 19:30

1.96 - 1.98 MREO. Hope it hold to US close

[escapetohome] 03/6/2020 17:29

Seems to be down a little over the pond, but holding up well.

[rediffusion] 03/6/2020 17:05

Sold out from 18.50 entry today. Happy with that

[ny boy] 03/6/2020 14:51

Holding for 100p + in Q4, say around 150/160p area
Good progress, some news must be leaking out me thinks

[barrywhit] 03/6/2020 14:49

You can sell at 25p...just sold 44k

[stopstopgo] 03/6/2020 14:08

By following the correct MREO/MPH price conversion procedure outlined in post 451.

Yesterday's VWAP for MREO was $1.90 equivalent to 30p for a MPH share. (There had been a high of $2.33. The normal hours closing price was $1.99.)

The pre-opening price at 2pm BST seemed to be about $1.75, equivalent to 27.7p. The UK order book was showing 23-24p bid-offer price.

[dave4545] 03/6/2020 11:25

Cannot believe a few actually bought the massive mark up though !

Seems the mm's after the last time they were caught napping are now alert to US price but to open 24-25p from around 18.5p offer yesterday would only be a trap for those that bought the spike, hope some of you read up and managed to get some out at 24p for a buyback later perhaps if Invesco sell down more

[master rsi] 03/6/2020 09:14

A buyer of 100K at 24.70p just now 9:03 am naturally paying a premium as the offer was 22p

[swinsco] 03/6/2020 08:56

Big disconnect in share price from here and the Nasdaq. Feels like a Mexican standoff whilst traders gauge how to play it - US open will be the catalyst I feel.

[oldvic] 03/6/2020 08:38

directors paid over 60 pence 2 years ago for their shares

[roks] 03/6/2020 08:19

whats going on? i'm in the blue all of a sudden