Member Info for AB124

It doesn' really matter what one poster (however straightforward and informed (?)) might think and to jump in defending RM is a strange thing to do. RM's history is a matter of record.
The Share price has been in an incredibly (a word used intentionally) tight range for so long that the impatient start to twitch.
So once again we have to ask, "What will move the price significantly?"
I would suggest Data and since we know that there will be some significant data in the future we all have to wait.
Maybe there could be some other price moving news, but that would be a bonus to impatient investors.
I am quite happy to wait. and since the Share Price seems likely to do the same there's not much point in *****ing (either way) about it.
AIMO

In any case Vulpes' interest in Scancell has increased by exactly 100K shares since the last notification (re EOY Figs).

Wouldn't that suggest that there'd be no need to notify as the Family Members to which you refer would require the purchase in their own name for their ISA?
AIMO

Hasiba,
The last was Friday, wouldn't be surprised to see some more on Monday.
AIMO

Hasiba
Looks encouraging from a trader's perspective. I guess looking to cover back is the next stage. There are many who would say it's tricky but I suspect you have the answer in your head and good luck to you.
AIMO

Famous last words LOL

Ruck,
Bet we do get a Zoom meeting then. LOL

Ruck Rover,
I can't work out whether it's better to have a face to face AGM (where we can see and (to a small degree) interact with the BOD or a Zoom where they're not in fear of their lives (Heavyweight security guards) but able to pick and choose the questions and then "finetune" the responses.
On balance I wwould prefer the face to face I think.
However time will tell.
AIMO

Shame,
Tolerance and politeness cost nothing but in places can be in very short supply.

JB1
Completely agree with you on the "precision" with which the SP has been kept level.
It would certainly allow any interested parties to see what a solid investor base there is and also to demonstrate a mature company not subject to the wild gyrations of SP that some similar companies have seen.
It's a pretty fair bet that there would have been much greater SP volatility (say) two years ago than there has of late on the various RNS we've seen.
So if the "Lidding" of the SP has been the outstanding feature what conclusions can be drawn?
I'll leave that to others simply to see whether anyone has similar ideas to me (or even if anyone wants to discuss it)!
AIMO

Bermudashorts,
You have a point there, and maybe if people could accept that that is EXACTLY what happens in an open Market it would be possible to discuss points in the knowledge that some might have bias either one way or the other.
Whichever way the bias is directed some will be constant buyers, some sellers and some undecided.
Maybe that relates as much to the level of investment strategy than to the "rights or wrongs" of any view at any given time.
So a view held today might well change on a sixpence, and then back again. It is that pattern which has been very sucessfully "ironed out" of the SP price over the last six months and is interesting in its own right.
Yes, Bermuda, I agree with you and your question whether it's that simple is, IMO, yes!
So maybe we could see some acceptance of ALL views. Then there really would be something to discuss rather than one view is right the other wrong!
AIMO

Crumbs,
Not convinced the weakness on Thursday and Friday had anything to do with the bottom line announced.
It's patently obvious that the loss was going to be greater this year than ever with more staff arriving. Next figs will be really interesting on that score as the REAL costs of trials and new premises and greater staffing levels hit - as well as Mr Holloway's payoff too!
The numbers are all relative and the importance of the next ones are what the rate of burn will be. In fact the Company will pretty much know by now (I hope) what they have to tell us at the end of January in that connection.
Yep, sub 20p buys long term hopefully are an attractive proposition, but in the meantime to me it's useful to keep a handle on what is actually going on in the market of Scancell's shares rather than simply agreeing that all will be fine..... Eventually!
Tomorrow is another day!
AIMO

Good to see a bit of rational discussion start up following Ruck's earlier question.
Irrespective of where the shares from the LD "recognition of past work" ended up (which has in itself been a very good indicator of RM's demonstrable commitment), there remains the question of ,
"why now"?
I am intrigued to understand why it was necessary to "pay off" our New CEO at a time when the Shareholders are more than interested in hearing what's actually going on in the Good Ship Scancell. In that connection surely it would have been sensible to announce the date of the AGM (however far away the intention to hold it is) at the time of the publication of the Y/E results.
So the old CEO has gone, The new CEO has been rewarded for past efforts and the Shareholders are continuing to wait (whilst wondering what's next).
Hasiba has made the point that Investors should be aware of all aspects of the information which is available to interested parties and that is (IMO FWIW) a very good thing to bear in mind. In fact Hasiba made cautionary noises the other day where he says that,
"One charting site changed its stance from stay long to short the stock..!
On technicals we may see a short lived blip rise but the general trend for now is downwards…
It’s what it’s in the short term ,it seems and the market reaction yesterday is relevant..
Lth may take a different views…one can understand this too…
Any positive news or rumours would be greatly appreciated this year.."

He follows this with the comment that all investors should be aware of all Market dynamics and that is also sensible.

I am not Hasiba's greatest fan, but I know he has support from many (including C7) so I feel happy to quote him here without fear of contradiction - or being accused of being in any way partisan.

I reckon the RM takeup of LD's shares is a positve.
I think that the BOD largesse in allowing the movement of more than (?) 6.5M shares is strangely timed.
Before I saw JohnnyB1's post about that I saw the extension of the CLNs as bearish (short term) but that was tempered by the JB1 post.
I believe that Data is the key to future positve SP movement.
So I hold for the longer term, but I also believe the AGM (or any previous anoouncement) can't come soon enough to give the more enquiring shareholders something to allow them to consider the future of their continued commitment to Scancell because at the moment there's precious little to go on.
I don't believe that all holders here are disinterested in what the share transfer to LD was all about. Why shortly after the departure of CH was it necessary to demonstrate the BOD' s desire to reward her for past efforts? I believe I (as a shareholder) have a right to know.
If the radio silence from Scancell is about a substantial positive financial inflow to the Company, OK I can sort of understand, BUT if there's nothing of substance to report at the AGM I believe there's been an error of judgement on how to communicate.
AIMO

Crumbs,
It does also keep 4m 0dd shares in the Redmile fold and supports the share price.
Let's be hones a sale of such a holding by the CEO wouldn't look good would it?
Add to that the fact that the previous CEO had resigned and it looks like a complete Corporate mess.
The more I think about it the less the "affection" label fits.
Maybe you make a good point Ruck. What was going on there?
Before anyone gets agitated if there's a simple explanation then maybe the AGM would be a good place for it to be explained.
I had forgotten that at the same time a further 2.38M shaes were sold to a Private investor in a second Off Market deal.
Since the sales were allowed to reimburse LD for her work to date it seems unlikely that there wasn't a good reason for this largesse.
Yes, a good question RR.
AIMO

Or maybe all will be revealed at the AGM, LOL

Ruck, i think we need to add to your question, "Why CH resigned".
Connected?
I have no view on that but it does beg speculation.
AIMO

Chelsea 11 (08.40)
Who do you think is overthinking things?

For the sake of clarity I'll post what I should have said in the first place!

Since we now know (thanks to Johnny B1's incisive research) that RM have paid 20.38p for shares that lifts their obligation (should they take their holding over 30% (unlikely) from a takeover at 13p/sh to a new level of 20.38p/sh.
So thanks to our new researcher we can say that there's pretty well a floor on the SP at 20.3p unless the entire edifice of Scancell collapses or RM depart (also unlikely).
This changes my perception of the SP's likely near term level.
A very significant find Johnny B1 and many thanks for sharing!
AIMO
Again many apologies for my error.

Sorry should be 20.38 at the end of the first para in my last meaning that we have a floor at 20.38 (in certain circumstances).
So I see the floor comfortably at 20p subject to no disasters....
Famous last words?
Nah....
AIMO

Since we now know (thanks to Johnny B1's incisive research) that RM have paid 20.38p for shares that lifts their obligation (should they take their holding over 30% (unlikely) from a takeover at 13p/sh to a new level of 23.38p/sh.
So thanks to our new researcher we can say that there's pretty well a floor on the SP at 23.5p unless the entire edifice of Scancell collapses or RM depart (also unlikely).
This changes my perception of the SP's likely near term level.
A very significant find Johnny B1 and many thanks for sharing!
AIMO