Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
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I've just spoken to John Depasquale at Allenby Capital - and he has confirmed the fundraising " has gone through cleanly with no issues at all".
OAPk...you're losing my respect
I refer you to my previous message.
You're obtuse at the best of times. I have just telephoned them and talked to John Depasquale - the fundraising HAS happened, he confirmed. and it's a pure bookkeeping situation about sharelist.
Wait and see.
Tech the shares, have they or have they not been issued ? Do CIZ need to apply for the placing shares to be listed or as a poster has said, they've had a call and there's no need for further RNS ?
Total Voting Rights by month end.
Wait and see
Good. Then CDT can recover
Just a couple of observations, the RNS out on April 2nd actually stated under "Further Information" that "On 26 March 2024, the Company completed a placing raising gross proceeds of £620,000, which will be utilised towards completing Cizzle's first proposed commercial test ..." etc . As the wording states that they "completed a placing raising ..." to me it seems that they've already RNS'd the info about the successful conclusion to it a fortnight ago.
Something else, in the same RNS under the comments section at the end Behnke states: "Our investor group sees this as an important opportunity to make a major difference to lung cancer survival rates and we have already made progress in developing further relationships with major cancer hospitals ..." etc. I get the impression from this and other statements through-out the RNS that things are far more progressed than some commentators on this share chat are giving credit for - the implication from Behnke is that the group of HNWIs has already formed, and maybe has been for some time, given the details in the RNS about what the exact relationship will be between CIZ BIO and CIZ - which includes an already committed upfront payment of $100,000 by the end of April, closely followed by another $300,000 on signing the formal agreement (due at the very latest by July 29th). So it seems to me that CIZ BIO already has the HNWIs signed up, and it's pretty certain that the commercial test works, that CIZ has spent the last few months preparing for the best way to roll it out in a way that doesn't impede the core purpose of CIZ which to carry on with researching other applications for the CIZ1b biomarker (and not having to get bogged down in all the hassle of the commercialisation of it). It looks like this US group are already very clear on the way forward and have already started pressing ahead with preparations for rolling out the test. The relationship CIZ BIO has with CIZ first has to be legally cemented before any green light can be given to Corepath to assess and certify the test but I get the feeling that things are now on the home run, there are very few unknown elements left that make this a risk (but still some potentially important ones, like if a big player suddenly unveils their own new and highly accurate test, albeit unlikely, given how CIZ seems to be being received in medical circles). All this just my opinion, but mostly taken from the RNS and the success of the recent placing confirmed by recent posts from Greend100 & Techtonic.
I just go on instincts with info gleaned from positive and negative contributors, and as it's not hard fact I don't like to post, so I'll take this opportunity to express some deep appreciation to all contributors, especially those solid regular contributors (eg like the two mentioned above), and also the negative ones who give cause for re-assessment... not to forget of course the big daddy who unwittingly caused me to risk heavily in this, Neilin62
New account or name change - Pump is starting.
Member since 26th Mar 2024 but already a cheerleader of Neilin.
Good luck to genuine PI holders here.
This was bid up to get the placing away. They didn’t expect the share price reaction to the placing news.
If this test works, brilliant. Lives will be saved.
Anything else is a bonus.
OAPK: Quite right! Both. A new account with a name change. Almost 2 years ago when I last posted I gave away too much personal info, which made me reluctant to post anything else. I drafted something on 26th March to post vaguely along similar lines after that CIZ RNS but then deleted it before sending. The urge is still there so I posted something this time, altho again I felt like deleting it because it added nothing new and was just emotionally based. Just FYI I've been in CIZ for about 18 months, now have (for me) a sizeable holding, but I've no interested in selling soon nor interested in trying to turn a profit from these short-term ups & downs in the sp over the coming few months, it's what happens to it when the test is out and the breast cancer test approaching that I'm interested in, and that's not going to be dependent on anything that anyone says + or - on these share chat boards. Probably you won't hear from me again! (But maybe the lid is off the bottle now and you'll get several more and not just on CIZ...).
LSE updated this morning
shares in issue 396.39 m confirms placing completed, as techtonic/greend100 posts
Neil
Good to see that it has been updated.
Can put that all to rest now then.
Veiled threats nice .