Summit Therapeutics Share Discussion Threads

[luminoso] 10/4/2017 18:55

C Diff deal before end of year, though, surely ? Also milestone payment from Sarepta. Might not be that long before another bounce.

[hugus maximus] 10/4/2017 17:10

Hi Chris, there's nothing actually negative been reported in the recent DMD RNS other than the fact that as of last month, there could well be yet another year before any news whatsoever is available and little chance of an share price hike due to C Diff deal news.

For die hard investors like us, who may well have their investment sitting in ISA's there's not much to be done if we want the chance of a huge tax free gain next year (IF the drug is a success)

However, for many who make their money work for them from week to week, month to month, there seems little reason to leave anything invested here until the end of the year.

Mmm ... ?

[chrisatrdg] 10/4/2017 15:53

Discrepancy between the NASDAQ - currently £1.94 & AIM using Bid price currently is £1.80 which has therefore widen today as the AIM share price gradually declines.Do we think the market is now showing a thumbs down to Summit following its recent DMD RNS or is it me being negative.

[abergele] 07/4/2017 19:48

More buys than sells Solomon,so good for my top up,
keeps me in a happy mood,as usually when I buy more they drop,
perhaps I choses the right time...for once,haa,haa
a 20k roll? and the almost 9k rolls or isa's and the other"?" a buy it seems according to the times brokers posted them..gla lth's

[solomon] 07/4/2017 14:37

With cheap brokers I don't think you get the privelege of choice of rollover price. Certainly with Bed & ISA it's all done online not on voice.

[abergele] 07/4/2017 13:42

freedosh,
Yes I agree with what you say , for somebody to do it at the top it would almost have to be a short rolled I expect...but brokers can move mountains,I have seen a sell just under the offer,on the offer the buy rolled up..gla lth's

[freedosh] 07/4/2017 10:24

Abergele
Just for interest. Prior to 2008 I often traded T trades. The brokers leave it to you to do the rollover at your choice within the quoted range. It makes no difference to them. They take a fee or adjust the numbers to take their cut or if you have substantial other holdings they will do it at no cost. In 2008 the real cost of rolling on credit was substantial losses on such holdings. Lesson learned!

[abergele] 07/4/2017 09:45

A decent roll or bed and Isa again..aye and at the bottom of the price range..

I believe there are 51k more buys than sells over this past 6 days of trades,so
I have taken some more this morning,cash available from elsewhere..and all seems well still,and at cheeky levels...gla lth's

[abergele] 06/4/2017 20:17

Well put Solomon,,,
I cannot understand how or why they don't roll isa's or whatever at the top of the offer ,rather at the bottom of the bids price,
all to bring the prices down in my estimation..gla lth's

[solomon] 06/4/2017 20:03

I guess it is times like this that I wish institutions would be more involved, then the share price would be less prone to volatility in low volume. However, (don't begin a sentence with 'however', I hear my English teacher say) it's proly too risky still for pension funds and the like. It's us and our meagre resources that keep things going for the benefit of the advancement of hope for the unfortunate sufferers of DMD (and C. Diff, don't forget C. Diff). Aren't we a magnificent bunch eh?

[luminoso] 05/4/2017 23:20

Fed minutes and sabre rattling at N.Korea more the cause than anything Smmt specific, IMO.

[hugus maximus] 05/4/2017 22:55

Apologies. Famous last words Waterloo.

[waterloo01] 05/4/2017 21:05

Nasdaq not looking too clever but they do get rather 'twitchy' over there!

[hugus maximus] 05/4/2017 18:36

And as another day closes on planet AIM ... volume figures reported once again make no sense whatsoever. However there do seem to be some 'chunky' buys ... so whatever information the MMs allow us access to ... things seem to be on the up this week.

FM Thanks for the positive update.

GLA

[luminoso] 05/4/2017 18:28

Ah, yes. Thanks for the resume, freemoney1.

[chrisatrdg] 05/4/2017 17:18

Thanks freemoney1.

[freemoney1] 05/4/2017 17:15

Another nice comprehensive presentation in NY today for new investors.
A little more description of the way forward for RDZ phase 3 funding. Enough term sheets on the table to fund it with partners but want to see how much they can raise via government and non profit organisation capital first.... just taking time to process and will know to balance of funding this summer.

Nothing new to report, all known before but a good clear summary of the current position on both programmes and the company finances.
GLA

[luminoso] 05/4/2017 17:05

To what, chris ?

[chrisatrdg] 05/4/2017 16:45

Anyone listening?

[luminoso] 04/4/2017 18:47

They obviously ignored the trades on AIM and just followed the fall to 12.7 on the Nasdaq up until the close in London.

[hugus maximus] 04/4/2017 17:55

Thank you for your dispassionate diss about disparity luminoso!

The reported figures on todays AIM trades are nuts. Nothing new there but even so:

120,000 buys - 5,000 sells - 32,000 unknown

Yet the price ends up falling almost 3p.

I assume there's some very large figure unreported.

[luminoso] 04/4/2017 16:07

hi hugus. No real idea about the workings of dual listings, but my theory ..and what it is .. is that the disparity has something to do with currency trends. When the AIM share price was running a few percent above the nasdaq a few months back, there was a perceived weakness in the pound to the dollar. Now, the dollar is perhaps being seen as vulnerable and the disparity of around 5% may be to cushion any moves on the dollar ?
Probably a load of rollocks, but its all I can come up with !

[hugus maximus] 04/4/2017 14:24

and the NASDAQ is before opening $13.2 .... £2.11p

[abergele] 04/4/2017 13:13

Nice one, kick us in the teeth why don't they,
somebody rolls 2500 shares and we get it done to our disadvantage,wonderfull

[hugus maximus] 04/4/2017 08:14

Interesting to see that the MM's have allowed an 11p disparity between AIM and NASDAQ this morning. I always saw the advantage of Summit opening up on the NASDAQ was that AIM would pretty well share a parity .. and the american market being so much larger, being the driving force.

Does anyone know how closely 'parity' should work?