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Too right, Jimmy. I think this is the key right here.
Excalibur Healthcare Services has granted the Company rights to co-invest in all healthcare and life-science investment opportunities sourced or invested into by Excalibur Healthcare Services.
If Vela takes a stake in Angelfish via placing, then this turns into a long term Life Science play. AZD1656 will be the first of many potential game changers in the years to come.
panamabob, i think the proof in the pudding will be over next couple of trading days as the posted rns is digested by the big boys,
i have read it over and over,
the more i read, the more im convinced,
WE ARE ON A WINNER,
and evans and nomand will know its out the bag,
also,
thanks to all today for your lovely comments and remarks,
its made me so happy to be able to contribute something of importance,
although it was a copy and paste,
but thanks,
gla jimmy,
We must be mindful that only approximately 33% of phase 2 trials actually go on to phase 3, or to be developed further, (on average that is, with the caveat that I think only about 4% of cancer drugs get through but much higher % for say vaccines), however, there are known knowns (if I may be permitted to paraphrase Donald Rumsfeld);
AZD1656 has been shown to activate the migration of T regulatory cells to sites of inflammation in preclinical experiments, which is the main objective of this trial
And,
AZD 1656 has a blood glucose lowering effect for four months, which meets a major part of the second objective
And,
AZD 1656 has been found to be safe in almost 1,000 patients with diabetes and healthy patients in a set period of months.
These are known knowns!
Drugs do however sometimes complete a successful phase 2 then their efficacy fails at phase 3 testing, so grounds for optimism perhaps, despite the 66% failure rate.
Correct me if I am wrong please and DYOR of course. 3m and LTH
I occasionally remind investors of an investing truth and that is that thee is always a 'leak'. This was revealed to me yearsago by a very successful millionaire investor. Somebody always knows something and acts on it. It usuaally takes the form of unusually large trades that arrive 'out of the Blue'.
Did we have that scenario today? I would say yes. WE had large trades at various times during the session but those two 25000000 BUYS seem to point to something about to happen.
NO guarantees but let's see what happens tomorrow.
Some great research and linkages made here today and thank you for sharing. However no change on the big picture for the trial - good results = good times!
Hopefully initial results out soon - it feels like its been a long wait (and indeed it has been).
GLA
NtD
Is Angelfish the mystery 10th investment?
On 23/02 Placing RNS states 9 investments and includes reference to hydrogen investment but did not name Aeristech til 25/02. Subsequently invested in MTI (25/03) and disposed of North Peak (09/04) which should mean the 9 investments in total was retained however this last RNS mentions 10 investments. So between 23/02 and 09/04, a further, as yet unnamed investment was made.
On the 26/04, Angelfish announced a placing of £42k plus a CLF of £90k without mentioning investors by name. This is also when Simon Grant-Rennick was appointed to the Board. If these funds were raised prior to 09/04 but info released a couple of weeks later only once all paperwork was finalised, then feasible that Vela were one of the placing investors & may explain the radio silence.
Thoughts?
Simon Grant-Rennick:-
Executive Chairman of Angelfish
Independent Non-Executive Director of AAA Capital
:-)
The key here is whether Vela is part of the £2m fundraise which certainly looks like a very strong possibility. Should have more info from General Meeting on June 28.
This deal seems to be more about the participation in all future co-investment opportunities with Excalibur. Angelfish invests in EML for cash in return for 2% plus share consideration only if AZD1656 is successful. The current agreement re 8% of proceeds to SGS (less defined costs) should remain intact.
I don't see reference to initial results, will we just have a final report published?
Anyway, next 2 weeks should be quite exciting as we ponder what this all means.
looks like we both got in at the right time :-)x
Likewise.... I also got in last week
glad your good hun....I only got in last week...
All good.... Good to see you here.....
Y-Alam how are you keeping Hun x
Busy...... Great minds
The delay is working out sell for Covid stocks like SNG/VELA. Any news will be covered by all the main news! We have great partners so for VELA we are moving into transformational period for the stock!
Bought 3 million more today!
GLA!
Yes, it certainly looks like it’s all coming together nicely.
GLA
I think with the new covid delays and cases on increase if arcadia is positive i think will be on national news as be a great story for the fight against covid.
Good luck all great price to get in at !!!
jimmy it all helps though, and i dont use ADVFN so i wouldnt have seen that post, so thanks x
Credit goes to edcrane on advfn copy and pasted ,
Gla
.0827 to sell and it started at .0810 this morning, happy to watch this bubble away till we have news
As many have said Jimmy, what a great find you've had! Probably deserves it's own thread
I couldn't open the RNS from the Aquis website so found it on Angelfish's website if anybody needs the link
https://angelfishplc.com/wp-content/uploads/2021/06/Notice-of-GM-Board-Changes-and-Change-of-Adviser.pdf
If this isn't bullish news then i don't know what is :D
GLA
Awesome find Jimmy
Major move around ready to all be rewarded when the positive results come out.
Makes it easy to distribute shares and all be in place if drug gets commercialized
As at date of publication, 156 patients have been recruited and have completed treatment. The data is now being assessed and outcomes will be reported formally on or about late July 2021. It is the intention of EML to seek a sale of the drug, a license or partnership deal as soon as possible after the data is published.
The above is from the Angelfish RNS. Late July for final results, which should mean initial indications are ahead of the "end of June" expectation.
Great find Jimmy, I see that Peterhouse Capital is involved which seems to be Vela's go to broker.
Need to read it a few times , slowly, to understand what it all means.
Great find and share Jimmy! Worth another top up