Just what have we broken through? "Most silent running company"? |
breakthrough of the year award sponsored by RBC Capital Markets shortlist Oxford Biomedica plc ..... hxxps://www.plc-awards.co.uk/nominations-overview/ |
True steepljack. 'Risk off' in the UK isn't it. |
Yes,that was pretty much the way of it but it’s not personal.The vibrant LSE of yesteryear has given way to inertia and disinterest,a backwater.OXB updated four months ago and with the lack of trading volume -day in day out-there must seem precious need to furnish shareholders with fresh news unless its earth-shattering,in which case they’d be obliged to release the news anyway.I think everything is almost certainly going along nicely which will be confirmed in due course,yawn.Meanwhile OXB have a job of work to do.I agree that the absence of director dealing is a bit of puzzle but history is festooned with such mysteries.Investor interest is more than ever currently concentrating stateside and many a smaller UK company is being tossed hither and thither on the back of algorithmic trading with this lack of investor interest. |
I got it wrong. So there were buyers during the early morning, then sellers got out of bed, then everyone ignored the share for the rest of the day. |
Looking more and more to me like OXB management don't want the share price higher. Could be wrong but thats what it looks like to me. |
Thanks Phil. So last year's we learn in February, this year's first half September....
Meanwhile. Open up, down during the day, to finish at opening price? Same old same old.
Who is controlling it, and why. |
Just had a reply from IR, can’t comment on SINT trades but trading update set for February: |
OXB
Block Listing Application
Oxford, UK - 23 January 2025:
Isn't this another indication of a company tidying up extraeneous stuff (in this case the bonus scheme), so it can't be an issue for an aquirer?
Never seen this tactic before and can't think why otherwise a company would do it. |
Rinse and repeat. |
There seems to be a sense of daily urgency on this chat, as if a magic wande will change things overnight.Blackrock are heavily involved now, so the anticipated search for a game changing 0700hrs RNS is futile at best.I sense the daily stress levels emunating from this BB. I have found the recommended practice is to check your price ONLY when you get a surge notification of 5p. |
My shot in the dark for this morning Dom, would be that today's little drop is likely to do with the dilution from half a million new shares for bonuses and such. |
Lots of SINTs, must indicate lots of trades off book..... strange how they don't affect the SP? |
Indeed. Here we go again. Up now, close at 4.15.... |
Rinse and repeat. |
I had honestly expected something from OXB by now Dom, and I based that expectation on what Frank put out last year, but for some reason they are much quieter this year.
If OXB had briefed the analysts then I think we would be aware of broker notes / updates, so that doesn't seem to have happened either.
If OXB can't (or don't want to) tell the market anything at the moment, then what do we expect back from the market?
It soon passes though, and a week on Friday we are one month into our return to profit year.
You know my guess around why they are quiet and why no insiders have bought, but the jury is still out with that one. |
Rinse and repeat. Up in the morning, close at opening price.... |
We're in one of our phony war periods super - of which we have seen many over the years. Yes we are technically due some kind of mid term update from OXB which might help, otherwise the prelim FY results & webcast are about 3 months away.
You will either lean towards the Novo idea or you won't (which is fine) but I can't ever remember such a long period during which no OXB insiders bought any shares. So something is going on - we just don't know what it is yet. |
I claim no expertise but I guess it's just Blackrock trading on its own account, which it's known to do with its holdings. It would certainly use a bot, which might explain the 'pinging' (if that's what it is - it does seem credible) and the occasional holdings RNS they've produced.
Of course there's also other institutional interest - eg Briarwood, M&G, Ameriprise, Liontrust in recent RNSs - and they could also be trading on their own behalf, with reporting pending a boundary crossing.
I imagine the company uses one of the shareholder monitoring services, so they should have a clearer view of what's happening, but if they do it's guaranteed they're not going to tell us :¬( |
For the trade spotters amongst us:-
266 trades today with 67 of them marked SINT.
I obviously don't know what that means, but it's not normal for OXB. |
The same Mr Black as in Reservoir Dogs? |