Ondine Biomedical Share Discussion Threads

[jailbird] 11/11/2024 19:36

What's the process to take part in the fundraiser Not everyone can I understand , it is who you know that are involved ?

[thebd11] 11/11/2024 16:57

The brokers. I'm taking part in the raise

[marvelman] 11/11/2024 16:22

From todays RNS "settlement of the Fundraising scheduled for Nov 11 will also be delayed coinciding with the Private Placement settlement"...am I reading this incorrectly?

[jailbird] 11/11/2024 16:20

Who did u confirm with ?

[marvelman] 11/11/2024 16:10

Does anyone understand why the other funding raise has also been delayed?

[thebd11] 11/11/2024 10:50

I agree. Confirmed it was a private family issue. It's also a bank holiday in Canada today which has pushed the settlement day back. I'm told it's still expected to be resolved in next 24hrs.

[jailbird] 11/11/2024 08:45

unavoidable personal circumstances Hmm that's sounds more like a private issueWait to hear more now

[bamboo2] 11/11/2024 07:34

I had wondered if the timing and price of the Private Placement [12.5p] and the Placing [8.5p] might create an issue. [no pun intended]

===============================================

Update on Private Placement and Placing

Ondine Biomedical Inc. (LON: OBI), a Canadian life sciences company, announces an update to its Private Placement announced on 24 September 2024 and the Fundraising announced on 1 November 2024.



The settlement of the Private Placement with a Canadian private investor has been delayed due to their unavoidable personal circumstances and will require additional time to complete. In light of this, settlement of the Fundraising scheduled for Nov 11 will also be delayed coinciding with the Private Placement settlement. Further updates will be provided in due course.

[marvelman] 09/11/2024 07:28

Good stuff Jailbird.

[jailbird] 08/11/2024 17:44

Forgot to add https://www.edisongroup.com/research/proprietary-platform-testing-standard-of-care/32309/

[jailbird] 08/11/2024 17:44

OBI taking just 1% of global control market is $500m stillHalf that again if you want to be ultra conservative $250mI am trying to find long term negatives but not seeing any yet In addition to the net savings that may be achieved by incorporating Steriwave into the standard of care for surgical procedures, a long-term vision for Ondine is to see Steriwave included as a standard protocol for all in-patients across the US. While we note that it is a complex process to quantify this, the number of annual discharges from the c 6,000 hospitals in the US is estimated to be approximately 35m. More specifically, the global infection control market was valued at US$50bn in 2022 by Markets and Markets. If Ondine is successful in capturing even a small portion of the infection control market, this could result in potentially significant future revenue.

[jailbird] 08/11/2024 17:29

BambooI just realised the latest presentation the 6111 hospital numbers exclude USA , so the potential numbers will be higher with USA

[jailbird] 07/11/2024 12:12

I have one more chunk to add when cash comes in next month Hoping I can get sub 10p still

[jailbird] 07/11/2024 11:23

A lot of dilution , so I am mindful of the mkt cap in the short term.But if FDA is approved then I expect fireworks

[jailbird] 07/11/2024 11:19

Mind you it was a private placing , so someone in the know

[jailbird] 07/11/2024 11:17

I was thinking the same thingI think 12.5p placing holder must have some other involvement here , willing to pay higher price

[bamboo2] 07/11/2024 10:48

jb, as the new shares enter the market over the next few days we will get more info on significant holders, including the recent buyer at 12.5p

I hope we will eventually see Mölnlycke [M] or another investment partner show up. [on the register]

[jailbird] 07/11/2024 10:45

ICU $225 per patient , 3 times non ICU

[jailbird] 07/11/2024 10:43

Thx Bamboo It is just a estimate of course But even we are conservative and reduce these figures by 50% , still talking big numbers

[bamboo2] 07/11/2024 10:42

Worldwide, there are over 300 million surgeries a year.

Multiply that by C$75.

C$22,500,000,000

Exchange rate each C$ is worth about £0.56

£12,600,000,000

[bamboo2] 07/11/2024 10:35

jb, your calcs look correct to me.

It's obviously very hard to know precisely how many patients out of the total number admitted to hospital will need nasal photo-disinfection.

Certainly anyone undergoing surgery could benefit.

Current treatments are based on anti-biotics and/or antiseptics.
eg Mupirocin, Iodine, Chlorhexidine.

Antibiotics are increasingly subject to AMR, and won't kill virus or fungal infection.

[bamboo2] 07/11/2024 08:06

Hi jailbird, I'll check figures later on today.

The figures for reduction in HAI's and lives saved look similarly extraordinary.

[jailbird] 07/11/2024 08:00

Once FDA approval granted , I wonder if a US listing would be on the cards ?

[jailbird] 07/11/2024 07:59

Are my calculation correct there ? , this based on just 6 month figures

Huge numbers

[jailbird] 07/11/2024 07:55

Thx Bamboo for new thread