Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
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Knew i'd see you again soon
19p? Get real, the cinemas are already closed!
This is not bad news for Cineworld but good news. They are closed and now with the government do not have to pay rent on their UK leases till end of this lockdown. They are already closed. They might be able to pay their staff furlough money, so their staff benefit. This also builds massive frustration in the UK public. So when this ends once a vaccine is available to the general population, then more people than ever will want to go out and party. One of those activities will be a visit to the cinema.
Not only that. But the market has priced Cineworld for being closed already, nothing has changed for them. It is everyone else who will experience a bloodbath on share price Monday.
I'm thinking we might get dragged down by general ftse slump monday but you never know.
@2rein.... looks like you have been busy posting doom and gloom on a few BB's...... get a life... perhaps the SP will go down but IMO we will be fine going forward... gla and DYOR
If you’re not planning to buy more just switch off your trading screen and come back after 2 weeks. Cheers.
Great responses @IanHarding, @UKSL and @Proaanalyst.
These folks that think this SP will falls to 19p are ‘nuts’!
Yes, tmrw am there will be a drop, by panicking Pi’s, then it’ll recover in the afternoon. I’d be surprised if we see more than a 8% overall drop at the close tmrw. Remember that’s 8% from the low 28p, we’re presently at, so we go down to 25p.
As the above canny and informed posters have mentioned Cine’s temporarily closed.
Beside on one of my newsfeeds, The Independent newspaper, at 3pm on Friday, reported the leaked probability of a month Long lockdown starting this coming week. The market knew, or at least had a very good inclination this was going to happen on Friday.
Other shares will get hit relatively hard tmrw, not us. At present we move where the institutional traders and MM’s want to move up, up or down without rhyme or reason. We will do so until the positive refinancing news is released. Good luck LT Cine holders.
Another thread that has aged well.