Australian (ASX) Stock Market Forum

FER - Fermiscan Limited

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VViCKiD said:
damn. ... .sell off is masssive today... i am just wondering how much longer this can last. .. i've been on this slippery slide for 2 years now....
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lol
you're not alone VVicKiD ;)
keep in mind that the hole market is bad
anyway i'm sticking with this horse
only wish that i came across it now
so i could have bought the majority of my holdings this time a year:eek:


saying that all i can see is that there are people selling out but
it seems like these are people who need the cash
not because of selling at value of fermiscan

and there are no real buyers because of the overall bear market
and rising living costs;the small investor is beeing thinned out


hey
an other few month won't harm you...
let's say give it a year....

on the bright site ... you're over half way of making profit!:rolleyes:


---------------
I hear you buddy...
 
VViCKiD said:
damn. ... .sell off is masssive today... i am just wondering how much longer this can last. .. i've been on this slippery slide for 2 years now....
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Original buy 60c. Watched it go to nearlly $3, now back to BELOW 60c. What an idiot. Did trade it a few times in there somewhere though. Not trading it anymore. Bottem drawer (or rubbish bin..just kidding). Suspect investors want proof of demand. That will come I feel. I'll add one test per annum, thanks!

By the way, the fact that a large amount of shares are in escrow is a good thing. Stops takeovers. I personally wouldn't want that to happen at this point in time!
 
I keep telling myself to put this stock in the draw and forget about it, but the lack of news lately is getting under my skin.

Surely Fermi is due for an announcement of some kind by now? There has been no news since 24th June which is almost one month already. At this point, I would be happy with a simple hello from Management to say they are still alive and the Company hasn't fallen off the edge of a cliff!

If we assume that Fermi always makes at least one announcement per month then something must be coming soon, right?

If we look at the last 12 months including all news releases regardless of new information or just basic admin related announcements, Fermi will always announce something every month. Just look at the monthly history for example;

June 08 - 3
May 08 - 8
April 08 - 2
Mar 08 - 1
Feb 08 - 1
Jan 08 - 5
Dec 07 - 3
Nov 07 - 2
Oct 07 - 1
Sept 07 - 4
Aug 07 - 2
July 07 - 2

Lets hope the July 08 announcement (if it arrives) is worth the wait? Would be great if they can tell us how the Singapore trials are progressing or how the Aus commercialization is tracking?
 
i agree gambler
the one a month is something on my mind as well
the chance that we will get an ann soon is real
maybe this week
we'll see
 
No new posts from anyone for 8 days and still no company announcements in month of July or even since 24th June. The SP now at 50 cents.

Nothing more to say at this point ... :(
 
announsment out...
Manifest Capital Management Pty Limited increased his holdings....
now holding almost 11 %
and coming closer to the end of the year ... remember this year they will start selling the test
personally opinion...
at this prices and with plenty of money in the bank this is good value
 
drasicjazz said:
announsment out...
Manifest Capital Management Pty Limited increased his holdings....
now holding almost 11 %
and coming closer to the end of the year ... remember this year they will start selling the test
personally opinion...
at this prices and with plenty of money in the bank this is good value
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drasicjazz, I am more than a little confused!

This notice bought on market 76742 shares BUT
Change in number of shares was more than 1 500 000 shares.

From
13 912 364 9.71%
To
15 407 650 10.73%

Agree that this is confirmation of things going well though.:)
 
grace said:
drasicjazz, I am more than a little confused!

This notice bought on market 76742 shares BUT
Change in number of shares was more than 1 500 000 shares.

From
13 912 364 9.71%
To
15 407 650 10.73%

Agree that this is confirmation of things going well though.:)
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Yippee,,,,,,,,,they have been buying everything available on market! They have since Nov 07 to Aug 08 bought 1 500 000 shares. They only need to put in a change of notice when the % changes by more than 1%. So, they have been buying everything dribbled to them.

Also, last notice.
17/5/07 13 912 364 = 9.71%

11/07 12 292 447 = 8.65%

An increase of 1 619 917 shares.

If you look back in November, there was some huge volume. Since then, I think they have been buying on market.

However, I believe their subtancial holder change notices are wrong, as they would need to show the whole movement in shares, how acquired, and for what price, not just their recent purchase.

Anyway, they have been soaking up on market. Is that what you all think?
 
Judging from the graph... volume has definitely dried up and price has really dropped. If they hold all the volume, then there wouldn't be much trading of these stocks at all right ?
 
Any opinions as to why the sp dropped today after yesterdays announcement?
Although todays volume wasn't huge, 12 trades is certainly not the quietest of days for fermiscan. I though the priced might have at least firmed slightly??
 
livid said:
Any opinions as to why the sp dropped today after yesterdays announcement?
Although todays volume wasn't huge, 12 trades is certainly not the quietest of days for fermiscan. I though the priced might have at least firmed slightly??
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I just can't seem to get my head around the share price movement on this one. Manifest Capital increasing their holding should give all shareholders some hope and confidence to hold. Not sure what is going on.:confused:

Would love to have top 20 analysed if someone can. This one is so illiquid, but that will work in our favour one day I do believe.:)
 
Does anyone know when the next major event is scheduled ? like shares released from escrow, sale of technology etc.. ?
 
VVickid... all will start towards the end of the year
with the release of escow shares at the 25 th of ocktober ...
but they expire on the 9 oct 2009 so they have about 2 years time to sell
and my gues is ... now seeing manifest buying ... that they( escow shares) will not be sold at bargain prices IF sold at all
if fermiscan looks like to be a major hit than why would they sell now; they are beter off to wait an other 2 year and sell them when they have established some market and selling there fermi'scan' mabe worldwide...

think of the price they will be able to ask than...;)

as for now i would say ... just hold on your shares and give theim some time

cheers
 
This month is breast cancer awareness month. Surely this would be a great time for some sort of positive announcement, such as a definitive date for offering the fermiscan test to the general public. Even some more evidence that they are getting the fermiscan test in to the public's mind during this month would be nice. Cant believe we are now sliding in to the 20c's with the sp.
 
secuirities are now released from escrow.. at least we can see a little more volume in this one.. hopefully no more huge price swings down
 
Haven't heard a word from any one about this stock .... has everyone forsaken this one ? Any one have any thoughts ?
 
I think everyone is probably a bit shell shocked by the market in general at the moment. Release from escrow on the 27th (ie Monday next) could prove interesting. I continue to hold and believe strongly, and provided nothing unusual happens next week will hopefully buy more (just need to find the cash)
 
livid said:
I think everyone is probably a bit shell shocked by the market in general at the moment. Release from escrow on the 27th (ie Monday next) could prove interesting. I continue to hold and believe strongly, and provided nothing unusual happens next week will hopefully buy more (just need to find the cash)
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hi livid; a wee bit of DYOR on this one turns up that:
1) the test is on women's scalp hair (note the emphasis)
2) the woman must not have had any hair treatments for 4 weeks prior (note the emphasis)
do you think that customers may be turned off by that?? I understand that current breast cancer technology is anything but flash, but hair analysis for health indications has been around for many years is a good indicator of quite a bit but low interest in it by and large.
otherwise agree with your enthusiasm for the scrip with one other caution - what are the vested interests of big pharma in the existing test regime? A lot of excellent med R&D falls over because of competition with the biggies.
 
treefrog said:
hi livid; a wee bit of DYOR on this one turns up that:
1) the test is on women's scalp hair (note the emphasis)
2) the woman must not have had any hair treatments for 4 weeks prior (note the emphasis)
do you think that customers may be turned off by that?? I understand that current breast cancer technology is anything but flash, but hair analysis for health indications has been around for many years is a good indicator of quite a bit but low interest in it by and large.
otherwise agree with your enthusiasm for the scrip with one other caution - what are the vested interests of big pharma in the existing test regime? A lot of excellent med R&D falls over because of competition with the biggies.
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Fermi's strength lies in the ability to test breast tissue of women under 40. The mammogram is only reliable for women over 40 (less breast tissue density). I think that will help Fermi commercialize. I think they will have a young market, and most women dye thier hair more than 4 weeks apart. I still hold, regardless of the battering the share price has received.:D
 
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