Member Info for AB124

RuckRover
Thankyou for your 13.40 from yesterday. It's appreciated.

Burble, lets hope plug and play was a slip of the subconscious and that the terminology was indelibly imprinted on the mind due to having been immersed for weeks in nothing but all things Scancell! ha ha. Could be the case? ??

Thanks Burble for the rather sobering post regarding the starting/restarting of trials. Makes sense to allocate resources on a considered basis given the seriousness of the present general health situation. I do remember your comments on the recent appointments. Maybe the general scenario you've described goes some way to explaining the lack of recent excitement from the share price. It looks like there are forces at play in protecting and controlling any wild movements and so probably for the time being we can expect more of the same. Eventual news will change things but for the time being there's not much more to say in my opinion.

Bobbust
Since the Options that CH holds gove him an incentive to perform I'm not so sure it is correct to say because of those he has plenty of skin in the game. He's paid nothing for those options so whilst they are a good incentive the only skin he has is about £11,740, so given his substantial Scancell salary It's the right gesture but NOT n earth shattering financial sum for our CEO.
I will say also that I wasn't going to post anything about his investment but Bobbust's statement about CH's Options does not represent skin in the game.

Chelsea 7
Why do you think it's strange for your platform to pay a higher price for a small sell than a larger one?

Sorry should have made clear. When checking prices by DUMMY sales or buys Don't forget not to deal!!! I know it's obvious but suggest clearing down the quote screen when finished checking prices as it could be very easy to hit the trade button without intending to LOL

WeTookPelham
It is not unusual to see different pricing for different amounts of dummy Buy/Sell orders as you have just noted. Not foolproof but it will give a different way of looking at any platform's quoting system/position within the published L2 pricingand sizes at any given time. It's not unusual to have hardly varying headline prices all daty but many variations within as the hours pass.

Yardstick
So there is a difference between what the platform's headline quote and what the actual price to deal is. If you significantly change the number of shares to sell on your dummy there might be a diferent bid price. Conversely if you try significantly different anounts of cash to invest (or numbers of shares to buy on a dummy enquiry) you might discover different ask prices for different sized dummy deals.
Hope that helps.

Yardstick
Not really surprising, Barclays headline quote reflects their own position. Are you checking their levels with dummy trades of different sizes or simply viewing the platform's headline quote? if you have sufficient holding and Funds available you should start to get some different quotes.

Ratcliffewriter
Maybe you could offer new investors a portfolio transfer facility which means that if those investors held Scancell shares they could be transferred in to the fund?
My reason for posting as I did originally was because you specifically mentioned David Evans and his prediliction for Scancell shares. If the Managers (and David Evans) wanted a Scancell holding which he could assist in providing without the share price being unduly moved upwards. I say this as there will be performance considerations for the Fund Manager to consider a year or so from inception. It woud be pretty daft to start a buying spree for Scancell shares at the start of the Fund's performance timescale, particularly as a badly managed investment might actively work against the fund's performance short term.
Arising from your suggestion is the fact that a massive cash injection into Scancell in November after a disputed Board acceptance shows the Share Price lower than before the level of the cash raise, (short term) so a fundmanager in my opinion would be daft to buy heavily in the market driving up his own Book Value when there might be suitable alternatives available.
Hope that helps?

Last sentence should be,

... FAILING that an off exchamge.....
Sorry for mistype

Ratcliffewriter
Could not Mr Evans transfer any amount of his existing shares to the Fund (off exchange) and then receive payment at market price from the fund's assets? I think that would be an arms length deal if it were reported through the LSE.
In that way there would be no effect on the share price. Filing that an off exchange Put Through deal could be completed.

Barbelfisher sorry for typo.

Baebelfisher
Your definintion is the sanction for the crime of trying to manipulate the market. LOL

Krafty
Made weaker or less effective
(in the context of my note).

My 14.29
Typo
These previously large holders have not been emasculated,

should be.

These previously large holders have been emasculated,
Sorry for that...

Crackin
I came back to the Board and reread your 11.44.
As I said earlier I agree with your principal ideas. Well,I should because you described a market. Irrespective of the timing for every buyer there's a seller; a completely basic concept.
I do wonder whrther there's quite the scope for large holders to massage the prices to quite the same extent as existed before April and particularly October.
This week looks like we've seen some protection for the price on the downside and a bit of a top the other way. Any pre April "Large Holder" would in my view be very sensible to reconsider their place in the new order of things. They might find themselves in a position that is new to them. With the increased number of shares now in circulation and with the type of holders we have now attracted I suspect the cosy thought that they can influence the price by anything but a short term and insignificant amount is one that they might find they had rather not had. These previously large holders have not been emasculated, and if they haven't found out yet they will undoubtedly do so if they try and be too clever.
I do believe that the day of the infant school bullies in Scancell has now well and truly passed. There are now some very big boys in the playground.
I do believe that Scancell is now an investment... at last!

Crackin,
Thank you for you explanation. I'm also sorry for having not checked for other replies before I posted mine to LL.
I think we agree virtually completely.
I think with Scancell a measured and patient view is required; because (Dammit) I can't find anyone who thinks Scancell is not a very interesting long term hold.

LL
I imagine you will have taken from your observation that the increased allocation to you (irrespective of the vaguaries of the manner in which the various platforms deal with their investors) that the takeup was lower than the previous OO (ie there were more shares available to be taken as excess applications).
Having raised the money that Scancell has, the market has been treated to excitement in spades.
Apart from the observations that the recent drop has left the shares oversold, why did we not hear that the shares were overbought at 20p?
Looks very much like it to me, (with the benefit of hindsight). But the short term chart signals were bearish at the time we were there.
The mad scramble for Scancell has now been muted somewhat to a level where people need to think about their own strategy, and I imagine that is exactly what is going on now.
I cannot believe that anyone invested here does not believe that Scancell has a great potential. BUT how long will that potential take to be realised?
I imagine that is the key question for the market.
In my view its the trade off between time and (solid share price movement) ie News/Data.
I'll stick with the pyrotechnic analogy, I like the idea of waiting for the big display which is what I hope for (eventually).
I also think there might be some damp squibs beforww e actually arrive though.
Anyway For what it's worth that's my view.

Ivyspivey
Thanks for the comments but please don't include me in with the people who know a lot about TA.
I have enough to get me through but I wouldn't purport to be anything but someone who uses indicators to add hopefully to the information I have available so that any major moves in the share price do not come as too large a shock.
I cannot claim that I am never surprised but to use a bit of all the tools available seems sensible and very occasionally it is possible to be in front of the curve.
I simply wish I could be in front more often. LOL
What I do know in Scancell's case is that good trial data is very bullish whereas no news is unlikely to be a positive for the share price unless that lack of news is followed by regular injections of good data releases (including collaborations, deals and or sales of IP.