Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
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Glad I bought the dip. Who was influenced by the deramper`s spouting the words administration over and over again. What was that guys name? If he went short he is now in trouble and has to buy back. Forced to buy back on spike. Wow.
With Lanstead still dumping?
"THE COMPANY IS IN ACTIVE DISCUSSION WITH A BROAD RANGE OF POTENTIAL COMMERCIAL PARTNERS WITH OBJECTIVE OF COMPLETING DEALS ACROSS THE PORTFOLIO IN 2024".
This should jump 100% today..
"Future cash requirements are fully expected to be met through non dilutive income and the company`s assets or or new commercial deals".
Where are those guys who were predicting administration the other day? Were they short? Let them buy back now.
That’s a great update to be honest fair play to the company
Great update
I hope that is the last we hear from Lambo.
Booooom
It’s made a few highly informed posters look like a bunch of cu**s to be honest..
A fair update, although probably could have told us this four weeks ago!
Part 1
RNS full of optimism
Wildbunch:
Wouldn't that be luvverly!
Could be an RNS about an agreement for LUPUS ROTW to include £5m up front!
Well still no rns… and still no TR1 from Lanstead so I wonder who the seller was! EGM will need to be called to raise at these low levels but as Lanstead are majority holder they would support it imo as they can sell at any price given the structure of the death spiral agreement, could get very messy
Lisa works from home, the only offices is the lab in France Nolupus
If you haven't been in IMM since 2018 be quiet. Tim is heading true north.
Imm IS a very small COMPANY With small offices where everyone IS aware of what IS going on, imo
She’s non executive so would not be involved in placing discussions imo, she’s always going to talk positively about the company that’s her job but that doesn’t stop the share price from falling, Lanstead is the biggest issue here and has been since the first 11p placing, it’s called death spiral for a reason
Thanks Dallo. Lisa's response to you is consistent with her response to me a week or two ago. Like you, I believe that she is honest in her belief that IMM has got a great future but it takes longer to achieve deals with prospective partners than investors (including herself?) had imagined.
Are not supported by her response, I should say.
Joshing
Well my response to you is that if a Liquidator is appointed or a massive discounted placing is in the offing, then Lisa's reply and comments would be totally egregious and misleading in the extreme so my point is that the horror scenarios speculated on by some posters here are supported by her response to me.
Having said that I have been totally fooled and shafted by other AIM companies Investor Relations correspondence in the past but for now I trust Lisa Badderoon.
Hmm. Reassuring to some extent but you would hardly to expect her to say anything else. She is not in a position to say 'yep, there is substance to the SP drop and the need for a dilutive fund raise'. To shore up the SP we need a substantive positive RNS that gives confidence that all is well and on track. Anything less is not likely to assuage the markets fears.
I have received a reply to my email from Lisa the full details I will not go into but I would advise any genuine investors here to contact Lisa and she will respond if you are on the shareholders register.
The only comments I would make is that Lisa referred to the detailed update issued by the company last December and to the current collapse in a host of AIM Biotech companies which , like Immupharma, bear no relation in many cases to the valuation of the assets in these companies.
Finally she said the Board will look to issue further updates in the near future and as the Directors are shareholders themselves , they are committed to increasing the value of the company's shares to reflect the true value of its assets.
I hope that is some assistance to genuine investors here as I trust Lisa and her integrity.
ATB
If everything's cool & there's no need to panic, how come the share price is constantly trending lower?
Only reason I can think is that investors are spooked by the lack of any update. And they suspect funds are running dry.
Given the sharp share price drop, when news finally comes, investors are currently assuming it ain't gonna be pretty.
I will forecast the RNS will say,
"Don't panic Mr. Mainwaring"
If its bad, then you can kick the cat, throw your missus out of the house, headbutt your mother-in-law, rob a bank and smoke some weed. Otherwise stay calm.
There's a saying, 'keep your head when others are losing theirs'
What do you forecast the RNS will say?
This is terrible advice.
Literally gambling here.
Wait for the brutal RNS. Writing on the wall since the turn of the year.
DYOR