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Heathrow airport reportedly selects iAbra Virolens rapid covid-19 test after trials and not mologic reports sharebuyers.co .uk
I think the pregnancy test Boris was referring to is the one created by Southampton University. They are talking to manufacturers to get it produced. Essentially a silva test swab which goes in a tube.
I tend to agree nicetomichu,.. I think it has more to do with SecuraBio and that not progressing well. Particularly because of the comment"granted dispensations from Rule 2 of the Code such that any interested parties participating in the formal sale process were not required to be publicly identified". Makes you wonder what's been going on...If it turns out we can't get anything for MTX110 because we don't have access to panobinostat then expect a drop in share price. The company had both bits of news prior to the release so you have to ask yourself why release in that order and why such a monumental rise considering it's just another collaboration agreement. There was clearly activity pre-release so rather leaky. I don't doubt the agreement with Pharma has potential but at the same time wouldn't surprise me if another placing was just orchestrated in the rise. With cash burn at £400k per month something needs to happen. Disappointed overall removing the for sale sign. Mayor_buyer is certainly a one man band, banging his drum on this one..keep it up we may get on the leaders board.
Nice if you can get it... interesting note statement
Note 1. 20,000 if >$20m raised before 08/09/20, 7,500 on 09/09/20, 1,875 each of 12 quarters ending 09/12/23. Once vested, the options will be exercisable until 1 October 2029.
Note 2. The Options will vest 25% upon the one year anniversary of grant, with the remainder vesting in 12 equal tranches quarterly over the following three years. Once vested, the options will be exercisable until 16 June 2030.
Interestingly though the US is still holding strong and trading at c.27p which is a 65% gain from here. Games a foot..
48p/20 = 2.4 pence
Rgds
Assuming something does happen and it is in the healthcare sector then anything related to vaccines could be huge. I have everything crossed in hope its Emergex as they are working on a coronavirus vaccine. They are a limited company and maybe the time is right for them to have an exchange listing. Wishing everyone the very best whatever occurs. Not long until we find out now..
Let's see what impact news on monday will have. I have a feeling in my bones that more news is on the way... if not I put the feeling down to the takeaway last night! Happy to hold throughout 2020, hoping for a complete buyout. Let the interest grow and we'll see where we are around June time. Looking at previous bio take outs over the last 5 years there's plenty that go either after phase 1 or immediately after phase 2 results. Ideally the latter would best as the value would of increased significantly if successfull. Wish everyone all the best here.
Offer @ £1.51
Can sell plenty..Can't buy bugger all...Hmm left me think.. NOT A CHANCE..
I think announcement for new CEO tomorrow or Thursday and this was a forced announcement. GLA, Hold for Gold.
I agree and look forward to the next few weeks, interesting times.
I don't know if Mr Nozomu Takaoka or the Japanese Ambassadors are billionaires but if not then wouldn't it be 3 degrees if the the Japanese Ambassadors know one? Clearly you are more connected than me. I bought a Dyson last year so technically I'm connected to a billionaire also. Happy days..
Interesting challenge RKB and somewhat impossible to answer. It's entirely dependent on probability and the number of connections the pharmacist has. It could be highly probable that the pharmacist knows someone in that industry who knows a billionaire given nature of said industry. It could also be plausible they don't given my experience on how introvert some pharmacists are! It will require someone with far more mathematical knowledge than me to work out the probability to ascertain the likelihood for the degree of separation between the number of billionaires in the world against the world population. Two degrees between yourself and a millionaire would be more probable but we are in a would of unknown probables so maybe the pharmacist slept with the plumber who recently renovated a billionaires house. The same mathematician could also work out the probability of futures raises and the number of undeclared TR1's )
PS. your gesture of 25% is well and truly safe. If you could up your stake in PSL, undertake a hostile takeover I would vote in your favor. You'd then be 1 degree from a billionaire.
That's £235k cash burn in 2 months after £275k raised in January and another £170k in March..
Cash balance was £215k after 6th March raise. Must have been one hell of a Christmas party...
And there it is, right on cue. So 6th March we raised £170k which have likely been flipped already. The directors may not get their 240,000,000 millions shares which doesn't really generate that much anyway. It's not as if they have purchased any on the open market. In all honesty I don't have an issue with the 6th March placing and would vote to approve that but the 19th March is just too much. Many on here have already lost plenty and to rub that in our faces whilst they have a nice payday. It's not as if they have maximised shareholder value!!.. Alternative resolutions or even an open share offer to existing shareholders might be better. Either that or make it more transparent what is actually occurring. Don't give me crap about due diligence costs, we could reserve into dog shit and be in a better place than we will be with x billion shares.
Agreed, fingers crossed..
Babbler2, I don't doubt there is medium term potential with the technology but until they show significant improvements they will have to raise more cash and dilute everyone here. They must have got through £16.75m by now and that doesn't account for any associated costs pulling out of certain markets if there is any. So lets assume they have £5m in the bank, how long will that last? They say Q1 2019 results are better than H1 2018 but that isn't much to shout about is it?
an RNS reiterating that should all resolutions not be passed then the directors will need to reconsider the viability of the company. That scaremongering would likely impact the sp negatively. We'd then see huge volumes and a later RNS suggesting a RTO opportunity has been identified. BTW that's a complete guess and just my opinion. Still holding, the drop seems harsh given the volume but I suppose we're now at placeing price. Hopefully it will only go one way now. Come on BOD pull a rabbit out of the hat for LTH's.
They've correct it... one warrant for 2 placing shares. That's better!