ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

OCTP Oxford Cannabinoid Technologies Holdings Plc

0.75
0.00 (0.0%)
07 Dec 2023 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Oxford Cannabinoid Technologies Holdings Plc LSE:OCTP London Ordinary Share GB00BMVMRB86 ORD GBP0.01
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 0.75 1,054,951 08:00:00
Bid Price Offer Price High Price Low Price Open Price
0.70 0.80 0.75 0.75 0.75
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Coml Physical, Biologcl Resh -5.95M -0.0062 -1.21 7.2M
Last Trade Time Trade Type Trade Size Trade Price Currency
15:49:51 O 500,000 0.7144 GBX

Oxford Cannabinoid Techn... (OCTP) Latest News

Oxford Cannabinoid Techn... (OCTP) Discussions and Chat

Oxford Cannabinoid Techn... Forums and Chat

Date Time Title Posts
24/10/202306:15Oxford cannabinoid technologies 428
21/5/202319:07Oxford cannabinoid with charts490

Add a New Thread

Oxford Cannabinoid Techn... (OCTP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-12-07 15:49:530.71500,0003,572.00O
2023-12-07 15:31:450.781,65612.99O
2023-12-07 15:23:490.7125,558182.59O
2023-12-07 15:05:380.7823,981188.11O
2023-12-07 14:44:510.701,95813.71O

Oxford Cannabinoid Techn... (OCTP) Top Chat Posts

Top Posts
Posted at 07/12/2023 08:20 by Oxford Cannabinoid Techn... Daily Update
Oxford Cannabinoid Technologies Holdings Plc is listed in the Coml Physical, Biologcl Resh sector of the London Stock Exchange with ticker OCTP. The last closing price for Oxford Cannabinoid Techn... was 0.75p.
Oxford Cannabinoid Techn... currently has 960,415,644 shares in issue. The market capitalisation of Oxford Cannabinoid Techn... is £7,203,117.
Oxford Cannabinoid Techn... has a price to earnings ratio (PE ratio) of -1.21.
This morning OCTP shares opened at 0.75p
Posted at 24/10/2023 06:15 by burtond1
A plants beauty lies in its leaves, but its strength lies in its roots."...I am excited to be buying more #OCTP personally. Given the recent Phase I results, the Company appears to me to be significantly undervalued. It is for this reason that I, along with other shareholders and employees of Kingsley, have chosen to increase our direct holding in the business..."https://total-market-solutions.com/2023/10/oxford-cannabinoid-technologies-plc-3/
Posted at 20/10/2023 07:39 by burtond1
Good news this for #OCTP and a massive vote of confidence...Kingsley Capital Partners LLP has sold 39,464,286 shares in the Company to Shareholders of Kingsley and has transferred 15,400,000 shares in the Company to employees of Kingsley. Important this. It enables a number of investors who have long been part of the OCT story to be able to express their support for the business as individual shareholders. It clearly is a sign of growing confidence in OCT that investors want personally to become a part of the journey following last week's Phase I announcement. Kingsley continues to be the largest shareholder in OCT. Neil Mahapatra, Non-Executive Director of OCT and Managing Partner of Kingsley Capital Partners LLP, said: "I am excited to be buying more into OCT personally. Given the recent Phase I results, the Company appears to me to be significantly undervalued. It is for this reason that I, along with other shareholders and employees of Kingsley, have chosen to increase our direct holding in the business."
Posted at 10/10/2023 09:59 by sep800
Nice to received a positive RNS this morning as expected. Phase 2 onwards and upwards.
Markets will soon wake up to OCTP
Posted at 29/9/2023 14:06 by sep800
Very quite on here lately. Not long for confirmation of phase 1 complete. I think we have been hinted that no adverse effect therefore expecting phase 2 fairly soon. Been a long road since IPO and the share price needs some recovery. However at this level take advantage of the very low current share price Funded till next April 2024 and expect a JV or share offer to existing shareholders at a much higher level than currently. Plenty other products in the pipeline and I would expect OCTP would be a great performer during 2024.
GLA
Posted at 14/9/2023 06:21 by burtond1
Capital Re-Organisation Questions..Does this help. This is the way i see it... It's a purely a procedural process allowing the Company to reduce the nominal value of its shares from 1p to 0.1p WITHOUT diluting existing shareholders as the Companies Act prohibits companies from issuing shares at below the nominal value. It'll have ZERO impact on shareholders - no new ordinary shares are being issued. The reason for it is to allow the company to take advantage of the general authority to issue new shares (up to 20% of share capital only) it's requesting at the AGM - that means the Company is able to be more agile as and when it wants to raise some cash. This is all subject to a shareholder vote at the AGM so is entirely in shareholder control. There's no impact on existing warrants currently issued by the company, which have a 5p/share exercise price. There's nothing fishy going on! Amy more thoughts or questions please send to me and i can try and pass on to the BOD if thats helps? david burton.tms@gmail.com
Posted at 28/7/2023 23:05 by sep800
OCTP about to turn heads with its trials, They are still on for results Q3. Once the news confirms the drug is safe and without serious side effects it will roll on to Phase 2.
This phase 1 results will surge OCTP closer to being one of those rare successful Pharmaceutical companies that their R&D actually pays dividends.
@ £9M M/C will be long gone.
Glad to be on board at such an early stage of success.
Plenty news flow to follow.
We are also seeing the price being suppress for some large buy orders, most sells are buys and with 2x 6M and 2M recent buys shows confidence.
I just can't see the share price going down any further especially with recent Videos and announcements.
MM's will have to let this go
GLA
Posted at 10/7/2023 15:22 by sep800
If you have researched properly what company you decide to invest in then OCTP has all the products to be fruitful. OCTP is not for day trading at this stage, nevertheless there are opportunities when the share price has fallen well below the value of a company that one should consider a time to buy or top-up. At this level it's a buy, especially with news of its phase 1 trials due. OCTP do not need to raise and still have £5M cash and are fully funded for its trials and research till 2024.
All to their own, but patients will be rewarded. Buy, leave in a bottom drawer and come back next year, or trade on news
GL
Posted at 05/1/2023 15:44 by sep800
OCTP have come along way since the IPO 18 months ago, And the markets at that time 5p was a sensible value. Since then OCTP have incurred the usual drop in the share price due to lack of activity as most companies sort their admin out in the first 12 months together with the markets shorting the share price as a safe calculated risk due to the given factors.
However £0.005p was well over done and the Markets have now u-turned as OCTP gain advantages from its trials with a product well known to the medical industry.
We are now going to see the share price raise to a more suitable level especially given the commencement of the trials, With £5M cash which means no fund raising this year.
We have so much news to follow very soon and with OCTP on track to deliver a product this year, I see no reason why the share price short term to be 2.5p-3p moving up on further positive news.
Certainly plenty of up side from here and one to hold onto at least prior to results.
Any positive news will accelerate the share price northwards and with just A small amount of free float shares available, the share price will rise quickly just as we have seen in the last week.
I believe the MM's got caught out last week and are trying to force sellers to balance their books, however if there are no sellers to share price will keep rising.
Either way I believe we are in a good position ready for any positive news to land.
GLA
Posted at 05/1/2023 15:37 by sep800
OCTP have come along way since the IPO 18 months ago, And 5p was a sensible value. Since then OCTP have incurred the usual drop in the share price due to lack of activity as most companies sort their admin out in the first 12 months together with the markets shorting the share price as a safe calculated risk due to the given factors.
However £0.005p was well over done. As OCTP gain advantages from its trials with a product well known to the medical industry,We are now going to see the share price raise to a more suitable level especially given the commencement of the trials together with £5M cash which means no fund raising this year.
So much news to follow and on track to deliver a product this year, I see no reason way the share price short term be 2.5p-3p moving up on further positive news.
Certainly plenty of up side from here and one to hold onto at least prior to results.
Any positive news will accelerate the share price northwards with small amount of free float shares available, the share price will rise quickly just as we have seen in the last week.
I believe the MM's got caught out last week and are trying to force sellers to balance their books, however if there are no sellers to share price will keep rising.
Get ready for positive news to land.
GL
Posted at 12/12/2022 07:57 by manual dexterity
Oxford Cannabinoid Tech.Holdings Trading Update
12/12/2022 7:00am
UK Regulatory (RNS & others)

Oxford Cannabinoid Techn... (LSE:OCTP)
Intraday Stock Chart

Monday 12 December 2022

Click Here for more Oxford Cannabinoid Techn... Charts.
TIDMOCTP

RNS Number : 2871J

Oxford Cannabinoid Tech.Holdings

12 December 2022

Oxford Cannabinoid Technologies Holdings plc

("OCTP" or the "Company")

Trading Update

Continued progress, commencement of clinical trials of lead drug candidate imminent

Financial and operational targets remain on track and on budget

Oxford Cannabinoid Technologies Holdings plc, the pharmaceutical company developing prescription cannabinoid medicines targeting the US$ multi-billion pain market, announces a positive trading and operational update for the six months ended 31 October 2022 ("the Period").

Financial Highlights

The budget review, announced on 26 August 2022, realigned the Company's development and expenditure programme to focus on bringing the Company's lead compound, OCT461201, through Phase I clinical trials. Taking this action meant that funds, which would otherwise have been fully utilised by April 2023, are now expected to extend to Q4 2023.

Importantly, the Company remains on track and on budget to commence clinical trials for OCT461201 in January 2023, with publication of its interim results for the period ended 31 October 2022 also anticipated in January 2023.

During the Period, the Group incurred c.GBP3.1 million of R&D costs, with progress being made on all four programmes. As at 31 October 2022, OCTP and its subsidiary, Oxford Cannabinoid Technologies Ltd. ("OCT"), (together, "the Group") had total cash reserves of approximately GBP5 million and remained debt free.

Operational update

Operational progress has been consistent with the Board's expectations and the Board remains confident that OCTP will achieve the milestones set out in its current development timeline.

Work under the Group's GBP2.6 million contract research agreement with Aptuit (Verona) SRL, a subsidiary of Evotec SE (together "Evotec"), which commenced in July 2021 is now almost complete. Evotec will provide the Company with a submission-ready regulatory document by the end of December 2022 and will deliver an approved batch of drug product to the OCT461201 Programme 1 Phase I clinical trial unit during Q1 2023.

In addition to the progress made on OCT461201, pre-clinical work for OCT130401 is almost complete, ensuring that Programme 2 will be Phase I ready in early 2023 at which time further development will be placed on hold in order to preserve cash. Development work for Programmes 3 and 4 has also continued, with the Company still on target to be at pre-clinical stage (for programme 3) and lead stage (for programme 4) with these programmes by Q2 2023.

Clarissa Sowemimo-Coker, Interim CEO of OCTP, said: " We are incredibly pleased with the ongoing progress and the fact that we remain on track to meet our financial and operational targets. This is a big achievement and is testament to the adaptability, skill, and "can do" attitude of Dr Valentino Parravicini, his team, and our external partners.

"As OCTP nears a critical juncture in its journey to introduce prescription cannabinoid medicines to the US$ multi-billion pain market, we are carefully managing cash and are well placed to deliver on our key objectives. I look forward to updating the market on our continued progress with the half-year results."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018).

The Directors of the Company accept responsibility for the content of this announcem
Oxford Cannabinoid Techn... share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com