Latest Forum Topics /
IX Biopharma
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iX Biopharma
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spursfan
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11-Feb-2022 13:12
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temp. halt to allow 30min. dissemination time following release of results
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Stocksguru
Master |
11-Feb-2022 13:04
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Yesterday think of going in but chose ipx secura .... | ||||
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piscesmonkey
Supreme |
11-Feb-2022 13:00
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Wow halt liao | ||||
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piscesmonkey
Supreme |
11-Feb-2022 12:58
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SuperB result.
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spursfan
Supreme |
11-Feb-2022 12:57
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iX Biopharma Records 1H22 Net Profit of S$3.66M &bull Revenue lifted to S$13.19M v 1H21 of S$0.83M, driven by Wafermine outlicensing contribution &bull Strong balance sheet with cash balance of S$16.69M, another upfront fee payment of S$1.58M received in Jan 2022  https://links.sgx.com/1.0.0/corporate-announcements/M3RMLRGJR0R9X85O/701761_Press%20Release%20-%20iX%20Biopharma%20Records%201H22%20Net%20Profit%203.66M%20final.pdf |
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piscesmonkey
Supreme |
11-Feb-2022 12:55
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WOW after so long start have profit liaoz huat ah | ||||
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Smartbet
Member |
28-Jan-2022 16:46
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I am just waiting to exit when I break even. No patience waiting for this joker stock that keep trending lower despite being in a better position than before. Hard to justify.
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Observers
Elite |
10-Jan-2022 09:06
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Ever considered investing in this counter but scare kenna karma? Then again not everyone believes in it? Specific to the deal, personally I' m wary of JVs with partners that don' t have enough capital and have to use their shares to make up the shortfall? | ||||
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ahberngh
Elite |
10-Jan-2022 08:31
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Now to aggressively market all their other products, NAD+, xativa, Wafesil, etc. | ||||
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spursfan
Supreme |
10-Jan-2022 08:11
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WAFERMINE LICENSING TRANSACTION &ndash RECEIPT OF UPFRONT PAYMENT The board of directors (&ldquo Board&rdquo ) of iX Biopharma Ltd (the " Company" ) refers to the Company&rsquo s announcement dated 24 November 2021 (the &ldquo Announcement&rdquo ) relating to the Exclusive License Agreement for Wafermine and other products incorporating R- and S- enantiomers of ketamine utilizing the WaferiX technology (the &ldquo License Agreement&rdquo ). Unless otherwise defined, all capitalised terms herein shall have the same meanings as in the Announcement. The Board is pleased to inform shareholders that the Company has received, as consideration for the license under the License Agreement, an upfront fee of US$9,000,000 comprised of: (a) US$3,500,000 in cash (b) 2,570,266 shares in Seelos (the &ldquo Upfront Shares&rdquo ) and (c) US$1,173,728 in additional cash (the &ldquo Additional Cash&rdquo ) as reimbursement of the Shortfall Amount (as defined below). The Upfront Shares were issued by Seelos and have been registered on 27 December 2021 with the Securities and Exchange Commission (&ldquo SEC&rdquo ) pursuant to a Common Stock Purchase Agreement dated 24 November 2021 entered into between the parties (the &ldquo Stock Agreement&rdquo ). Following the registration of the Upfront Shares, the Company is entitled to sell the Upfront Shares without restriction. The Additional Cash was paid as reimbursement to the Company by Seelos for the difference in value (the &ldquo Shortfall Amount&rdquo ) in the event that the aggregate value of the Upfront Shares is less than $5,500,000 when calculated in accordance with the Stock Agreement. Under the Stock Agreement, the value of one share will be equal to the volume weighted average closing price of Seelos&rsquo shares, as reported on Nasdaq for the ten consecutive trading days ending on the third trading date prior to the effective date of the registration statement filed by Seelos with the SEC, being 27 December 2021. In addition to the above payments, the Company will be paid up to US$239 million in development, regulatory and commercial milestones and double digit percentage royalty payments as further set out in the License Agreement. The Board will make further announcements on any further material payments received as and when appropriate. BY ORDER OF THE BOARD https://links.sgx.com/1.0.0/corporate-announcements/4GGY92TVA3NGQIFQ/697076_iX%20Biopharma-Wafermine%20licensing-Receipt%20of%20payment.pdf |
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Smartbet
Member |
24-Dec-2021 14:45
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Don't dare to average down as seem to keep getting lower and lower.
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ahberngh
Elite |
24-Dec-2021 14:33
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Did not hear any bad news!!! Don' t know why today down so much. Bought some at 0.196. Hope year end result is going to be ok, even if no profit at least much reduced loss. Need management to be proactive to stop the bleeding, defend against shortists.  ![]()  
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Smartbet
Member |
24-Dec-2021 14:22
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Any bad news?
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Smartbet
Member |
24-Dec-2021 14:09
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What happened? Keep getting lower and lower.
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Smartbet
Member |
17-Dec-2021 18:06
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Thanks Bro. The stock market is an illogical game anyway.
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ahberngh
Elite |
17-Dec-2021 17:23
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Barring any bad news (which I have not heartd), I think this is because of our SGX market. It is not wrong to say that the majority of players are shortists, contra and short term players. For a company like IX, which is not profitable at the moment, there is no interest to buy, because  cntra and short term players cannot make money. There may be a few shortists looking to make some coffee money. Anyway, with no buys and some disillusioned holders looking to to recover their money, the  price will tend to drift down. Just my oipnion, please dyodd.
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Smartbet
Member |
17-Dec-2021 16:26
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Thanks Bro. I just don't understand why the price does not indicate so as their position now is much better than before. Don't expect it to fly now, but with the safety net now, it seem the price is much worse than without the safety net.
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ahberngh
Elite |
17-Dec-2021 16:04
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I have been following this counter for some time. But, my understanding of the situation is like this: for drug and pharma companies, the most draining and time consuming phase is during development and testing of products. This is the time when they burn money, and if the drug tests fails, they may go  bankrupt. As far as I can see, IX has passed this stage and have developed several promising products, based on their Waferix platform. Now, it dpends on how well they can do their marketing, how they can tie up with distribution companies, etc. If they do this well and their products are well received, the future is very bright. China is a very big market for beauty and supplement products. Look at BestWorld, how well they perform despite their problems. With their outlicencing in place, their partner must be quite confident of their Wafermine product. This provides a safety net for IX while they push their other products elsewhere. These are my naive views, and I may be totally wrong. And I am willing to bet big for a big payout in futre, I don' t mind a timeframe of 2-3 years. Of course I go in with eyes open, I may lose it all but nothing venture, nothing gain. Just my opinion, please dyodd.
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Smartbet
Member |
17-Dec-2021 15:42
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Bro, why are you so confident?
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ahberngh
Elite |
17-Dec-2021 15:38
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Bought some at 19.5c, still some in the q. Will also q to buy at 19c. Play by the ear. Already have a sizeable load, but will load more if the price drops.
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