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But at the end of the day, what will be will be…
We may not be cash rich but we are development rich, the work that has been done, has it’s worth!
@OB
Problem is that the stock can’t be evaluated here whilst the two main ramping forum controllers keep deleting posts containing key aspects that would be potentially material for an informed decision. Basically if they don’t like it, it doesn’t fit the ramping agenda it gets removed. Hence why 7 posts this morning but only 4 showing.
porky you have never wanted an informed discussion. in your eyes it’s “porkys right everyone else is wrong.” that’s now when your not invested and are trying to push the price down and that was also the case when you was holding stock and ramping it to the moon. have you forgotten already the way you used to **** off derampers and i quote yourself “ someone so sad and desperate that they want to see the low markrt cap value of a biotech involved in life changing cancer treatments reduce even further. just a total scum bag as far as i'm concerned.”
so shut up and crawl back into your hole. nobody wants to listen to your ramblings.
@Goomer
No this is your ramping agenda to try to discredit posters rather than discuss the real issues of this penny share play. This is a business, it’s not some charity doing good, the directors have bled investors dry to feed their own pockets but you selectively try to push all that under the carpet like it’s never happened. It’s a lifestyle business.
Further they awarded themselves bonus payments when a) the company was on the verge of running out of cash and b) was trying to get cash in from placing number 15.
Also, The situation with THX for example has been not just badly handled but illustrates a complete lack of commercial acumen by the BOD. At the moment Adrian is trying to find a new CEO and BOD changes need to be made and I await the outcome of that.
So don’t come the self righteous cr@p with me, Shareholders have been treated with utter contempt by the BOD and anyone new to this penny play should be aware of that.
To be fair they have built the company well even though it is not reflected in the SP yet.
They got CLX, progressed it to a decent level, got Imperial and the staff that were able to get that compounds, Lab to help develop the compounds, other evaluation projects, implemented a great strategy and best of all a biotec that only burns less than 2 million but despite that has so much R and D going on which should reflect in our market cap soon.
It would be unprecedented if they now get a huge deal for CLX with maybe 20 million upfront payments and huge milestones. We would be a market cap of 50/100/150 burning less than 2 million.
I haven’t been ramping pigman just showing new investors the real you and pointing out your agenda to push this down as much as you can . I don’t intend to attempt to discuss anything with you as like you said yourself “someone so sad and desperate that they want to see the low markrt cap value of a biotech involved in life changing cancer treatments reduce even further. just a total scum bag as far as i'm concerned.”
Also 11 clients for the lab at an advanced stage. So clearly work is being done just means more upside if it is not priced in at the moment.
@Goomer
I don’t control the Share Price, if the business delivered its results showing it had actually delivered something, rather than just confirming increased spending and a need for yet another placing the position would be different.
@PM2022
Here you go again, x should be worth 20million, y should be worth 10m, it’s total Mickey Mouse, an asset is only worth what someone will pay for it. The lab for example has delivered £9k of revenue for a 3mth contract and it will need yet more cash chucked at it - it’s a financial liability. CLX which is potentially their best asset also needs a further 400k of work on it and at least 12 to 18mths off being positioned for anything, it needs cash it it’s long off generating any. There is nothing short term that will bring a meaningful amount of cash into this business and you know that.
Adrian needs to get cash burn back to a more manageable level and the new CEO will need at least a 12 mph cash runway ahead of them, where do you think that cash will come from? Question is if the BOD situation is not sorted out, I’m not sure Adrian will get placing 16 away even at discount. Who in their right mind would chuck more cash at this for more of the same?
Porky9
Posted in: VAL
Posts: 6,926
Price: 52.50
Strong Buy
Burying Some Myths25 Oct 2021 21:16
1. I have a vested interest in the business doing well. I am a shareholder; I’m adding to my position, and I have total confidence in the business delivering as outlined. I am not at T1 level but getting there.
2. Before I arrived at this forum this was possibly one of the most negative forums on LSE with historic shareholders doing nothing but moan 24/7 it was a god dam awful place to visit. It was certainly not a place to visit if you want to find out about the business. In fact, you were actively put off from investing Imo.
3. I have gone out on a limb to make as much noise as possible to bring attention to this business and attract new investors and I will continue to do so. I have continually kept reposting links and information in the hope that someone new visiting will pick it up and go onto researching the opportunity and hopefully join us.
4. The majority of the LTH could not even be bothered to ask questions of the new management team when they had the opportunity to do so. Why do I know this? Put simply I know who the bulk of the questions were raised by from conversations with fellow investors and frankly some LTH were so dam negative they couldn’t see any return here and simply didn’t bother.
5. Sentiment is finally changing, thank God, new investors are backing the business, the business is finally re-rating and the market cap of the business improving but it still has along way to go.
6. I have continually said that I believe fair value pre contracts is at the peer average 80p line 52m mcap and that I expect this to trade in the 74p to 85p until news breaks. On contract confirmation we will be well north of £65m mcap value £1 SP heading towards £130m mcap value £2 SP. That is my call. It has not changed since the start.
Now some here may not like my ultra bullish stance, I get that, but how can anyone somehow think that its in anyway acceptable for ells-13 to post here all weekend 22 posts on Sunday and today telling everyone to sell so that can try and get back in a few pence cheaper a good thing? It is not, it is damaging to this business. Further it is distracting for new investors visiting here who want to discover more.
Now unless you are shorting yourself or have sold out and want to get in cheaper, for the vast majority here that are long we want the company to continue its success and its share price to continue improving. This is my point. Why not shout about it, we have a lot of positivity here. All shareholders should get behind this great business.
Finally, FAO of jenny as its out of trading hours I will repost the Valirx song posted just for you to prove I do have a sense of humour however, come trading hours its business as usual.
Let us see this business and its share price airborne at a decent level and once that snowball is rolling it will continue. I genuinely want t
@PM2022
What’s the point of quoting me from Oct 21 ie before they gave away what was our top asset to a potless start up. Back then there were dreams of multi million deals, just like you are still peddling today but reality is that the market changed. The landscape is now totally different.
The business couldn’t get a deal with a major that had cash hence why they offered it to a start up. 3 yrs later that start up still can’t get funded that’s the reality.
Sour grapes Porky, sorry for your losses mate.
I wouldn't be sorry for him. He wants everyone to end up potless like himself. Not invested in any share whatsoever, but spends all day on a BB warning people about how bad the current b.o.d. are. Weirdo.
@Uncanny
LMOL - You don't have a clue, you have no idea of my investment profile, further its none of your business either so you can think and make up what you like. It wont change the position here.
Just recently ,you were played yet again like a Stradivarius, in came the ramping crew at 1.8p ramped it, feed some BS, company put out some spin, share price spiked at 3.7p and those that were ahead of the game cashed IN taking a very nice profit with them whilst the suckers were left holding the baby wondering what's hit them as the SP drifts back to 1.8p again.
Same old same old....
Porky you have experience of that no doubt with 4D dropping from 90p down to 0p and the largest holder was smacking it whilst you were printing your buys on Twitter. It shows the difference between a pro and an amateur who can read a basic financial report.
The last person I would listen to is Porky. Buy low and sell high and with cash well into 2025 it should just be up from here with news to come and not really priced in.