Breakout as Deals Flow....
Happy Days Ahead.. |
Armchair Trader is very positive...
remains on track to report full year revenues of around £3m, more than double the £1.15m from a year ago. Momentum is expected to be maintained as FY ’25 gets underway and despite some contract deferrals, revenues for the current trading year are expected to be around £4m. Management note the prospect of some transformative deals for the business...
Again mention Transformative Opportunity!! |
Time to wait and see what happens with their finances.
If they need to do a raise in Feb to sign off the accounts then there could be a chance to buy far cheaper. |
Simply Magic.... "Oncimmune is discussing a number of significant strategic collaborations and transformative contracts with several parties which, whilst there is no certainty, could materially improve its revenue position in FY2025."
Future Transformative!! Time to add and reap rewards |
The problem is will they be able to sign off the accounts without a going concern major uncertainty statement?
The accounts are due by the end of Feb. |
Simply Magic at these levels as Transformative Deals Flow and costs are reduced.
Adding at these levels as Opportunity Transformative with huge gains in the pipeline. |
Note a Transformative opportunity!
We remain optimistic and are pursuing several opportunities which could be transformative for the business." |
Shocking update.
Revenue was forecast at £6.9m for FY25. Now anticipated as £4m!
They raised £2.3m in October and the cash balance is already down to just over £1m, plus they have debt of £1.5m.
They are seeking 'additional finance to extend its cash runway'. Another fundraise so soon after the last?? |
2025 will be Transformative with Value Creation and share price increasing beyond expectations.
Future getting brighter as we start 2025. |
New budgets as Drug companies expand services from ONC.
Mega Deals in the making 2025 |
..Get on the Train before RNS expected soon
Future getting Brighter for all |
Ho! Ho! Ho! plenty of Suiters Circulating Ho! Ho! Ho! |
Ho! Ho! Ho! plenty of Suiters Circulating Ho! Ho! Ho! |
Happy Days Ahead as Orders and Deals Flow..
RNS any day soon, get on the Train soon |
BREAKOUT !!!
Successful delivery increases as demand flows.
RNS on Deals soon...Future Brighter...another Tick up!! |
RNS on Deals soon...Future Brighter... |
Fantastic update as future is bright...
The Company is pleased to confirm that as a result of obtaining shareholder approval for the resolutions required to implement the Fundraising, , the Company has raised total gross proceeds of approximately £2.3 million in aggregate from the Fundraising.
These new Ordinary Shares will rank pari passu with the Existing Ordinary Shares. Admission of the Conditional Placing Shares, Conditional Subscription Shares, Conversion Shares and Retail Offer Shares is expected to occur at 8:00 a.m. on 11 November 2024.
Shares Move up to next level this week from MONDAY11th November.
Get on the Train...lots to Gain as Retail Deal completes at 15p. |
Simply Magic.. Breakout soon as Orders Demand Increase
Recent Highs 25p and since Order wins and stronger Outlook and Management team we can easily break above those recent levels. Also, the Broker share price much higher !!
They must be a bargain at current levels with massive upside. Future steady and Bright with extended Demand/Orders. |
Interesting as Orders flow Deals in the pipeline. With Massive NHS and Industry budgets then expect more contracts to be awarded as Demand Increases.
Recent Capital Raise Successful.
Significant amount of Capital by the Big AI Teck players will be transformative as Big Data Sets can be Analysed Faster and more Accurately. This will be a massive advantage for the future growth of the company.
Previous High Highs 60p with Recent Highs 25p and since Order wins and stronger Outlook and Management team we can easily break above those recent levels. Also, the Broker share price much higher !!
They must be a bargain at current levels with massive upside. Future steady and Bright with extended Demand/Orders. |
And there we have it, the inevitable debt for equity swap and fund raise:
everything being done at 15p a share |
Great update interview here today with CEO Martin Gouldstone of Oncimmune |
Oops -intended for Val chat -apologies for any confusion |
ONC had strong update today which Martin G will be very pleased with .Todays Lab deal maybe positive medium term but short term relatively immaterial & I suspect there will be more news (Results at least )before Marks presentation on 24th .Lack of volume & share price action suggests that insiders are aware of fund raise discussions -let’s see ! |
All the details & commentary wrt today's positive trading update from ONC here |
I have noticed that the share always doubles from its previous low point. The recent low point was 10 p. It has since risen for two consecutive weeks to 17 p now. By reference to my observation it should reach 20 p. As a matter of fact the MACD is about to cut upwards, signalling a rise. |