This company has been steadily moving up in the last month after sealing a 95m deal with a major pharmaceutical , good press on the weekend is now making it move ahead.

Brokers target is short term 40p.

DYOR

Have had a quick look. What is the reason for the good press? Pancreatic cancer drug development? So why short term target of 40p?

HARRYCAT as I said DYOR , see thread on A**** moneyam's competitor .

This has now moved through resistance level of 20p and should steadily move on up to 40p , alot of news will be released in next 6-12 mths.

Bid has risen 23% since my first post yesterday , volume has increased as it has now appeared on alot of peoples radars. I'm sure there's alot more to come with one big deal in the bag and more news in the pipeline.

Offer has now risen from 18.5p to 28p this week a 50% gain , volume looking good hopefully a good end to the week.

Offer now 30p , there may be something behind rumours that this company is working in an area ideal for a takeover by a large paharma.

Back to flotation price??

Offer now 32p up 15% today

In just over a week it has now moved from 19p to 35.5p well on its way to 40p , a new brokers note has now given a short term price of 60p.

This share is in the field of RNAi interference a new technology in which companies working in this area in america are being taken over for a billion dollars(SIRNA) . SR Pharma is only 30m and has alot to go , you have been warned.

DYOR

Just as an update SR Pharma are now 38p and will go on through 40p next week onto next level of 60p.

I don't believe any other share has had this percentage rise on volume over the last 10 days.

Now 40.5p , between 6 Nov and today has reached the initial broker target of 40p from 18.5p and is now moving to next broker target of 60p.

Strange how theres no posts , are people embarrassed they didn't take notice of my first few posts.

SCORCH, is that 20,000 short from 08:21 hrs going to get burnt?

Canada1

Seeing as it is now up 21% today to 46p I think anyone shorting this at the moment is mad.

I won't be surprised to see 60p next week after it has gone up 8p alone today.

..

is this part of the ERX RGT SPA PYC take over roche are putting in place..

The belief is that a large pharma company is tracking SPA , especially as they have the deal with Pfizer in the bag with possible income of 95m dollars in milestone payments as well as royalties.

Still no sign of SPA slowing down now up to 46.5p mostly buys

Shares mag have today stated that the SPA share price still has got a long way to go with a price target of 73p , currently 43p.

Offer now 53.5p it's more than tripled since the beginning of November and will continue to rise on good news about latest trials.

Well on its way to 73p price target , currently 64.5p . More than tripled in last 2 months and will not be surprised to see it go over 100p after next set of news reports on its cancer technology.

anybody know why SPA moving so sharply today?