Mereo Biopharma Share Discussion Threads

[bad gateway] 04/6/2020 22:31

As best guess I'd say its the US effect. Stocks price is no longer led by londons pi's or petty funds but by the buyers in the US.
Could just tank in the morning but maybe it will keep its valuation as it all sounds very Nasdaq centric now.

[daveboy1] 04/6/2020 22:21

Yes, but if you/we could see it, 'it' would never happen. In horse racing terms, it's like backing my daughter's namesake - no sense, beat the hot favourite, but it still happens, because otherwise we'd know all the answers, and money would be shizer!

[dave4545] 04/6/2020 21:05

Cannot understand why people were buying this at the highs.

20 mil cap ish yesterday, so they do a £55 million placing at 17p, price goes to 50p so in the space of a few hours the valuation of this company has gone from 20 mil to over 200 mil...bonkers !

Only up 50% on Nasdaq. I cannot see how the valuation can be maintained short term

[avsome1968] 04/6/2020 19:21

Stigo

I need to get my Crystal ball out the loft.

[the stigologist] 04/6/2020 18:56

Looking at the long term chart this looks like the start of the move. Not the end. May try a retrace at some point but if this is a serious Anti-TIGIT contender you are looking $1bn+ right ?

Anybody got a list of the other anti-TIGIT plays and Market Caps ?

[avsome1968] 04/6/2020 18:33

What a day only just arrived back pretty shocked how much they've risen, glad i was out think i would've sold on first spike happy days hope it does a avct, well done to those that held.

[dzygit1980] 04/6/2020 17:41

Tell me something I am in share for 6 months well researched on it I sold it yesterday i put buy back in morning with ig in quotes and it didn't go through I have lost big had 54000 shares and almost had hart attack after work thinking I had 60000 shares I am to long ride and bought it back now and only have 32000 shares now and less 14000 profit gutted

[mcrudden] 04/6/2020 17:15

Not so nice for the shorters hey iamnotsogreat lol

[mcrudden] 04/6/2020 17:14

Patience pays I guess we'll done those who held. Very nice day for holders

[oapknob1] 04/6/2020 15:49

You got 25 and a profit. If you bought back in you'd have had a double dunt. Once the Placees start selling the rise from admission then some might feel a painful spike.Hope not. Good luck. Funding until 2022.

[ember11] 04/6/2020 15:35

Maybe we'll get rns tomorrow explaining the whole situation

[dave4545] 04/6/2020 15:30

In total disbelief at the rise today.

That shares for you, you hold them a while then when you finally give up on them they soar.

Not sure why..add the placing shares on the valuation becomes mental ??

[the stigologist] 04/6/2020 15:22

Imagine being in a stock for ages because its cheap and then selling out before it goes up 200%

The Hatetrader school of trading. Nice one Dave.

[babbler] 04/6/2020 15:14

Convertible Loan Notes have been issued in an aggregate principal amount $50.6 million (GBP40.5 million) to complete the Fundraising.-- Price per Placing Share of 17.4 pence. -- Investors have received conditional Warrants to subscribe for further Ordinary Shares in an aggregate number equal to 50 per cent of both the new Ordinary Shares purchased by that investor in the Placing and the Ordinary Shares issuable upon conversion of the Convertible Loan Notes purchased by that investor in the Fundraising, with an exercise price of 34.8 pence per Warrant. The Warrants will be capable of being exercised for a period of 3 years after the date on which the Resolutions are passed.

[ny boy] 04/6/2020 15:06

Boom boom shake the room! Onwards to 300p by 2022

(SAGA) next for a big breakout dyor as usual

[daveboy1] 04/6/2020 15:01

Here's $70M - what a travesty !

[daveboy1] 04/6/2020 14:58

I did, then came on here, and thought I was in the Twilight Zone !

[bob1995] 04/6/2020 14:56

Everyone read the RNS but didn't understand it. LMFAO

[iamgreat1] 04/6/2020 14:53

You wish u pleb

[wapper] 04/6/2020 14:51

PYC next to go stratospheric ?

[iamgreat1] 04/6/2020 14:48

Timberrrrrrrrrr