Futura Medical Live Discussion

Butterflybill 23 Oct 2019

Thoughts on Future Market Cap I’ve got a suit like that! I was briefly in profit at the last spike! No longer of course.

Emtee 23 Oct 2019

Thoughts on Future Market Cap If the path is to raise more funding, then surely they would follow the successful route that they took in 2016 and do it immediately after the (positive) phase 3 results? Presumably, none of the team can trade after results are unblinded. Does anyone know if that also applies to fund raising?

fx2452 23 Oct 2019

Thoughts on Future Market Cap My favourite ever post If we get a great set of results, we should all turn up in that suit to the next AGM

Aberdeen_investor 23 Oct 2019

Thoughts on Future Market Cap Here’s my ideal scenario… Headline data gets released and the funding is also announced at the same time…The funding will be completed by a potential partner This results in a mad scramble to buy the shares but alas, the share price rockets…People start smashing their computer screens in frustration at not being able to buy any shares. Meanwhile I have a live data feed of the share price on my computer and it shoots up relentlessly (and the share price too) I shout out “Get in there” so loudly that it causes hernia but there is no pain because of the euphoria. Mr Barder meanwhile gives an interview on Proactive with this suit on ([link] In a scene reminiscent of the Avengers, my family asks me “Did you do it? what did it cost?” I reply “My sanity”

fx2452 22 Oct 2019

Thoughts on Future Market Cap Thinking about it a little more- IMHO FUM would not be able to fund raise prior to the release of these 3a results. Investors would run a mile! The majority of FUM stock is held by private investors, many of which (from reading the various BB threads) are short term speculators. We all saw the stock price reach the recent high of 46p in part thanks to the Investors Chrinicle “major buy”. Likewise, the catalyst for the recent downturn was the Investors Chronicle “Cash your profits” call. This is the “daily noise” that in the long term will be drowned out, one way or the other, by the release of the 3a results. Meanwhile, let’s see if there’s any reaction to the presentations in the US in the next few days. Make your call, ignore the noise, and wait & see… GLA

Lastemporer 22 Oct 2019

Thoughts on Future Market Cap fx2452: I would suggest that the FUM board already have a good idea of the efficacy of MED (as the Open Label Study is already well under way). If FUM were to announce a fundraising prior to 3a results, it would suggest to me that the board weren’t happy with the initial indications from the ongoing clinical studies. I was thinking the same, RE funding before results if it’s not looking good … they would have a good just by now… Problem is all how they did the last funding no one wants to be caught within, though the Cannabinoid partnerships did show to me they are thinking out of the box and trying new ways, though it’s also worrying there hasn’t been much mention of realigning with Commercial Partners after P3, who would give all the funding plus $ signing.

fx2452 22 Oct 2019

Thoughts on Future Market Cap The recent downturn feels like Private Investment nervousness. I don’t think it’s a complete surprise- “once bitten twice shy” comes to mind regarding the last minute debacle of the previous fundraising. Combine this with the fact it’s likely that many investors will be limiting their ‘skin in the game’ so close to the 3a results being published. We hit a near term peak of around 46p per share and I would guess many investors looking to limit their liability to the 3a results are beginning to panic sell since the 46p price is getting further & further away. I would suggest that the FUM board already have a good idea of the efficacy of MED (as the Open Label Study is already well under way). If FUM were to announce a fundraising prior to 3a results, it would suggest to me that the board weren’t happy with the initial indications from the ongoing clinical studies. I hope & don’t believe this will be the case. I think this stock price weakness is “pre-results nervousness”. The FUM private investor market clearly realises how important these results are, and has not forgotten previous let downs. It feels like ‘tetchyness”. I’d love to see FUM’s presentation at the end of this week in the US- it would give a good indicator of the internal confidence. As I’ve indicated all the way along: either we sink to close to zero on poor MED 3a results or, if we have a great set of results, I believe we could have an ultimate value in excess of our anticipated annual peak sales. Don’t forget that we’re already (almost over) the risk of side effects (as the open label study couldn’t have preceded if there was any substantial risk). All rests on the efficacy of MED compared to placebo. If it’s substantial, MED is a much better and very differentiated product in comparison to Viagra. Only time will tell. Not long now… GLA

TonyDeadeye 22 Oct 2019

Thoughts on Future Market Cap Unfortunately FUM have been backed into a position where it’s now just one big gamble on MED, Mark. The real hammer blow was when Church & Dwight pulled out. Recurring CSD royalties would have obviously provided the MED funding as well as given FUM great credibility which would also have given them the backing from institutional investors had additional funding been necessary. I’m afraid zero revenue in the last annual accounts tells the full FUM story. It does look like long term shareholders are going to suffer yet again and the vultures (and yes I admit that could include me) will possibly benefit in yet another heavily discounted placing. But alternatively there is also the chance of a mega deal being round the corner. One or the other IMO but the Market seems to telling us it’s a placing.

markthemango1 22 Oct 2019

Thoughts on Future Market Cap The SP is worrying at the moment, that’s why I’m holding on for a possible fundraiser at some point. In a way they should’ve done a fundraiser when we were back in the 40s, at a reduced price in the 30s. Then there would be no worrying about funding. Like you said Tony I think it’s the ‘not knowing about funding’ that is really hitting the SP, when now you’d think it’d be rising on anticipation of results. It really is all or nothing for FUM with MED now, they desperately need positive results.

TonyDeadeye 22 Oct 2019

Thoughts on Future Market Cap The way things are going, Mark, I’ve downgraded my scaling score to 2. It’s looking like groundhog day and also looks like some PIs are twigging. The falling SP is actually putting me off buying back in rather than seeing it as a “bargain”. It just doesn’t make sense to enter just yet after what happened last year, and I sense they’ll push for funding BEFORE Phase 3 results are out which will probably mean a low placing price. My thinking there is just in case things don’t go to plan they could salvage CSD and TPR with the funds. I could of course be completely wrong on this, but the SP is going in the wrong direction on fairly high volume. They really need to address the funding as soon as possible as the uncertainty is adding to the killing of the SP (I’m fairly confident it’s nothing to do with the prospects of MED itself).

markthemango1 21 Oct 2019

Thoughts on Future Market Cap Some good comments made on here. Today was a surprise for me, I really thought today would give FUM that extra push in the SP to get it back towards the 40s. However, it’s ended up going down on what I’d say is good news, even though everyone knew it was coming. The market doesn’t like it at the moment, and you can’t ignore that. For me like Tony, the funding is the main issue at the moment, but saying that positive results and who knows what could happen with a deal. I like your scale Tony haha I’d say I’m a 4 at the moment, I am tempted to be back in but I’m still waiting yet. FUMs like a drug it’s addictive and I need my hit of it. And I saw before Aberdeen they were firing insults at you for no reason, don’t know why you bother with it, you’ve been one of the best posters on here, they talk a load of rubbish on there.

smashing1 21 Oct 2019

Thoughts on Future Market Cap On the topic of email replies from the company - I reckon the boss probably received a lot of negative messages last year from the on-line community so I couldn’t blame him for being less forthcoming. I still think LOAM have the sp in the palm of their hand. GLA

Pharmatom 21 Oct 2019

Thoughts on Future Market Cap Ridiculous posters over there indeed. A big lack of confidence in the BOD. However, if one or more pharmaco’s were really interested when will they make a first move?..it is so strange no one is moving…or is a deal with Stada already negotiated?

TonyDeadeye 21 Oct 2019

Thoughts on Future Market Cap Hi guys, hope you are all keeping well and I continue to observe but still haven’t re-entered (yet). My main concerns continue to be the lack of clarity on the funding issue, and coupled with the worrying lack of confidence shown by the Market, it just doesn’t sit well with me (yet). The one big thing I learnt whilst being a FUM investor is to not think I know better then the Market - even a gradual rise would instil some kind of confidence. I thought the Market was getting it wrong in the 30s over a year ago but I was wrong. Aberdeen, I totally agree with you regarding the other BBs and to be honest I’m surprised you bother with LSE. You’re better than that. On a final note, and I think you’ll (reluctantly) agree with me on this, Aberdeen. FUM isn’t the same company it was when I first invested. I totally trusted the management and the personal touch given by Mr Barder’s email responses in particular gave great reassurance re my investment. But now that’s gone I can’t help but think there’s something not quite right. Having said that, I have not given up completely on FUM, but I’m much more cautious and at this point in time, on a scale of 1 to 10 where 1 is I would never invest and 10 I’ll re-mortgage my house first think tomorrow, I’m a 3. Please keep on posting everyone - some interesting stuff and free from sledging.

smashing1 21 Oct 2019

Thoughts on Future Market Cap Thanks. As you say, it was 4 months last time from close of recruitment to headline data, but this study is bigger. As FUM were in talks after phase 2 with other parties I assume the other parties will be keen to know the outcome.