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With all the progress Faron have made over the last few years. The Placing should be at a Premium In order to start to propel the SSV ?. AIMO
All the placings that I've seen have always been at whatever the market price was on the day which I always thought was fair as alot of companies offer placements for less to entice Investors
SSV? What is that? As I have said in my last post , some here treat this as a charity. How can anyone here be happy to see one guy able to increase his holding to 19%? Are you all happy other funds are invited in at 20% below the last raise? Are you all ok with the constant dilution?
Thought I'd ask No replies required.
Jam soon though ? I doubt it , could be years away yet.
The guy with 19% is obviously eyeing a takeover here , I wonder how low he can get the price before he strikes. Be warned.
With forty-seven kind of a valuation someone could start counting in billion(s). Some reason to believe one has to have when investing millions.
”The guy with 19% is obviously eyeing a takeover here , I wonder how low he can get the price before he strikes.”
Haha. Of course this could be true as I don’t knowledge how to read minds. Anyhow, the guy is Timo Syrjälä. If you Covgaz want to do some background research (obviously you haven’t done this earlier regarding him) you can try to search with keywords like Elektrobit and Stonesoft. Timo has a pretty solid track record from these.
One of Timo’s current projects/investements is SSH communications. The two I mentioned above are older ones.
Heikk, IMO, It's beginning to look to me we'll be lucky to get £1 share and the SVV of a kick In the bum the way Faron Is been traded. What's you're opinion of ALL the 1 share trades a month or so ago?.... and All the tiny trades such as today which brought the SP down again to £2. I'd like to know what any of the more knowledgeable LTSHs opinion Is. AIMO
Just catching up with RNS news . Disregard current SP . It will be what it will be until big news gets announced .
But as for what we are seeing develop , I believe its all following the plan that the BOD have envisaged .
They have the FDA meeting in Autumn , at which point they will have all the PII data , along with biomarker data , staining results , and presumably dosing data all wrapped up . It's at this point that the Bex package ( for solid tumours ) , is ready to be partnered for maximum shareholder value .
We have had all the planning going ahead for Wall st US listing / Investment , with the EGM in July to allow 11 million shares to be held by the company for future use .
This placing allows further acceleration of all the Bex programs , and specifically gives a hint of the importance of Bexmab with the LLS TAP coming onboard .
Markku buys a further £84,000 worth of shares , and the new BOD members taking token amounts to show willing .
But Timo , who is no fool , increases his stake again towards 20% . I have no thoughts that he wants to go to 30% , doesn't seem part of the plan . He obviously sees value in increasing his holdings , and I fully expect that this ' low ' share price , allowing a placing at market price , is no ' accident' .
The SP has been carefully managed to allow for this increase . Not hard considering there is zero trading activity pushing this around . They just set the price and we accept it . Nobody seems interested in intervening , so they have managed to just flatten the SP .
So now we are more funded , enough to keep up the accelerated development .
By Q4 2022 , Markku has suggested that 'something important ' will occur .
All the activity suggests that is what they are aiming for .
Bexmab data may catch us out as , if good , that could stir things up sooner .
But either way , reading the RNS , I'm just seeing it all play out as expected , and that's reassuring .
Markku is making sure they have funds available , and Toni and Erik are now putting their plans into action .
Just don't think the SP has to react to these RNS's .
The whole market is in the dumps . Just look at AVCT for example- cracking RNS and ends up about 7% up .
So long as the news is good , and it doesn't seem dodgy , then all is good .
The fact that Timo ( to a massive amount ) , and Markku and Toni have added is just added comfort that things are going well .