Yes,i think there's been sustained selling overhanging the price and hopefully thats cleared.If the price can break on through to a 52 week high,around 444 odd,the algos will be positive and we could be on our way to 480ish.(Thereagain,i suppose its always possible that someone knows something!)Healthcare,as suggested some days ago by takeiteasy,may come in for some support on the back of an element of tech money relocating.Healthcare was one of the sector leaders in the US yesterday as Nvidia etc plummeted. |
Have a look at the chart from March to June 2024 above...recent trading looks a little like a similar pattern may (use the term very tentatively) be forming especially if 140 falls in short order :) |
Surely the most likely scenario here is that for quite a while now there has been a large holder (but below the 3% / 5% notification) who has needed to sell some / all of their shares for reasons unconnected to OXB (redemptions / general economy / taking profits made since the lowest lows) and has now finished?
If so then all good. If not then we'll never likely know the reason anyway.
My pound would be on the end of Feb for the update and I say this based upon the trading update on the 8th of August last year. If it's a similar format (and it will come from the same authors) then it's going to be an update and notification of the FY results date combined. IMHO they are extremely unlikely to give us 12 weeks notice of the 2024 FY results date, so based upon that my guess would be end of Feb they will give us that little update and results notice.
None of this of course explains no insiders buying for a very long time now and OXB's apparent wish to say as little publicly as is possible. |
Livelier than for some time. Do they need a plumber? |
83k before 10 suggests a big day ahead, but the SINT trades are still here. |
Will the mega barrier at 129/130 be erected again this time - I think you are saying it might not be...will watch with interest |
I am going to make an educated guess here that whoever or whatever has been keeping a lid on the price for a long time now is aware that a trading update is definitely coming in February and could be as early as Monday. |
Now that the Chinese have pretty much nuked the AI/tech trade near term, I wonder where all that tech money will go into more defensive growth names? we can only hope ... |
Very low total volume for a normal day so far Dom.
Also, out of the 246 trades reported as I type, bang on 100 are flagged SINT.
This is not normal in OXB's past, but seems normal of late.
Either something big is happening with holders below the reporting threshold or we are due an RNS.
As luminaire turned up to gloat the other day, and did the same thing previously before the big US sellers disclosed in summer, I would guess that there is another big forced seller known to insiders (would make sense in our economy) but the market is taking the shares a lot more willingly this time (or maybe the seller just has more patience). |
Up 1p, down 4p, I wonder what they are aiming for the close? 4.15? |
come on DT help us out :) |
We are now expecting a trading update in February. If progress is better than expected, surely they will have to comment on the stagnant share price? Or will there be news in the next four weeks which will explain the present 'hold' on the sp? |
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. |
Register for real-time alerts, custom portfolio, and market movers
Hot Features
Premium
