Puretech Health Share Discussion Threads

[doctor 69] 08/1/2024 07:08

Wed is conference where pure tech may tell us the plan with their cash . 250 p should be within reach soon

[linton5] 05/1/2024 16:00

Resistance is 221 on the daily 265 on the weekly this is a mega hold

[rimau1] 05/1/2024 15:50

I'm no chartist but this looks like a break-out through resistance at £2. We remain below the radar which is fine with me, daily buybacks continue to be massively accretive.

[colinblackbourn] 05/1/2024 15:01

295p in cash and anticipated royalties from Karuna..plus multiple Karuna like opportunities.Peel has 930p target.JPM conference is 8th to 11th.Im sure Puretech will be meeting plenty of big hitting institutions presenting on 10th

[rogers49] 05/1/2024 13:29

Yes, But the share price needs to break the £2 barrier and avoid profit taking after the recent rise.

[edwardt] 05/1/2024 13:08

Only blue on my screen - think £2.50 is attainable here in coming months

[mirabeau] 05/1/2024 09:36

r1 - thanks

[rimau1] 05/1/2024 08:45

Welcome Mirabeau!

[mirabeau] 05/1/2024 07:59

Biotech coming back into fashion

[doctor 69] 05/1/2024 07:49

Next week at conference we should hear plans on what Pure are going to do with all the cash

[edwardt] 04/1/2024 14:41

flurry of trades to the close to take this over £2?

[mirabeau] 04/1/2024 08:49

joined late yesterday after tip from Baron and of course my own research

[doctor 69] 04/1/2024 08:05

Good start today

[edwardt] 03/1/2024 19:45

Would prefer more buybacks than cash if we are so far below intrinsic value. If funds are meeting redemptions- they can sell into it.

[colinblackbourn] 03/1/2024 17:06

475m pounds is the current cash.maybe give back 175m pounds cash.

[colinblackbourn] 03/1/2024 16:44

Buyback can only be 25pc of the volume per day..the options are a cash distribution or tender offer.or a combination of both .475m pounds ish.

[rimau1] 03/1/2024 16:33

I hope they pick up the pace with the buyback, massively accretive to shareholders if we are buying back stock at these levels. Caveat being (and my major annoyance in general) they are holding in Treasury rather than cancelling but hey ho.

[linton5] 03/1/2024 16:25

Quite possibly one of the stars of 2024 puretech

[colinblackbourn] 03/1/2024 14:27

https://news.puretechhealth.com/news-releases/news-release-details/puretech-present-42nd-annual-jp-morgan-healthcare-conference

[lendmeafiver] 03/1/2024 12:38

Agree, you would think BMY would want to tie up all loose ends sooner rather than later.

[edwardt] 03/1/2024 12:18

expect some news on the sale of karuna equity to cash. i think that will be done asap. why wait? also the sub license fees must have some value and why wouldn't a deal be done with them to buy that out. also we own rights to two thirds of royalties above $2bn in sales. analysts think karxt might peak at $10bn pa sales. lets say it peaks at $5bn - still real value in that imho. if i was bms i would buy us out early on this too. who knows but i think the karuna gift might just keep on giving...

the glyph platform looks super exciting too.

[doctor 69] 29/12/2023 17:56

good day today , this has a good feel about it and with so much cash we are looking at £2.50 in short order i reckon

[edwardt] 28/12/2023 10:37

That article needs updating - I guess the return is now nearer 900% on Karina. Not too shabby if only I had bought that at ipo!

[edwardt] 28/12/2023 10:34

Doubt Daphne will sell up. She will want to prove karuna is not a one off. Btw would we get royalties off karuna's Alzheimer drug if that one delivers?

[brianblu] 28/12/2023 09:46

Actually expecting the whole biotech sector to make a comeback this year