RE: Inexperienced investor in this sector21 Oct 2022 11:15
Jamboian
I've just reread your 09.13 and I'd missed something on the first read.
You mention "there is so much going on in the Company", but by definition none of (whatever that "so much" might be) is required to be published (unless Scancell are not doing their duty in publishing legally required information - and i won't accuse them of that)!
So if there's nothing price sensitive to publish what's the beef? Even Chelsea11 admits to negativity in his own mind, but if there's no data that should be published where does that negativity come from?
I think Scancell are guilty of lack of understanding of their shareholders needs for moral support (after a distinctly apalling return over ten years).
OK the science might be great but most aren't here for that. People buy shares for capital appreciation and the likelihood of an income flow over years.
Well, Scancell have had ten plus years to provide both, but with only a short time of sustained Capital positive price movements and no Dividend in sight it's probably better that they have been very sparing in the release of good news..... That's because for the inmvestors looking for a return of their funds there's been precious little that I can see.
Calculus demonstrated frustration in 2016 (or maybe it was 2018), whereas most Scancell shareholders have held loyally on.
The best information Scancell could now impart is an impending distribution from some form of commercialisation of the SP.
Since that seems unlikley to be the case (an RNS would be required if asset sales, licences were in progress) I'm not sure they've got a lot to say.
I know some posters will be ready to say that they're holding back information for the AGM..... Yes, of cousrse they are; just like so many people have told us that for every AGM since 2012.....
Can't wait for the end of November or whenever Scancell deigns to share its information this year.
Hope I'm wrong, but I've learned not to expect too much in the next Chairman's statement.
AIMO