vcm11

8p/9.15p 1st targets - low downside / undervalued

Long
LSE:ORPH   OPEN ORPHAN PLC ORD 0.1P
Placing was at 6.15p
Jupiter fund seller out - TR1 to confirm
BoD own 11% of the company
Acquisition of hVIVO back in December 2019
New presentation online

at £28.6m mcap we are undervalued

I have 8p as 1st target but we could breakout eventually & head to 9.15p then pullback to 8p & continue the bull trend after.
Will re-evaluate once we hit 8p.
Company looks very impressive so not afraid to add further on weakness.
Trade closed: target reached: Closed at 10p - banked profits

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out