Member Info for Andy96

To my mind there is only one holder with enough shares to affect the price by selling and that is LO.

They sold 1% of the total shares at the end of April being approx 3m shares. In order that they can convert the warrants of 20m shares they will have to sell another 6.5m shares to bring their holding down to 67.5m shares so that when the warrants are converted their holding will be approx 87.5m shares or 29.9% of the total.

The 9

9.5m shares were probably bought at 7p so a healthy profit.

When the wartants are converted at 40p it will fill the coffers by £8m.

So i will not lose any sleep if a RNS appears showing LO have sold 6.5m shares in fact it would be good news.

Just my opinion

Yahoo have obviously not read the year end report where it clearly states the cash runway will extend beyond the Eroxon launch through 2023

FUM said the cash runway would take them to full launch of Eroxon but to produce the stock for an Americam launch may drain the cash. Rather than have another placing it would make sense for LO to sell shares at 50p and convert warants at 40p to put cash into the company without diluting the LO holding.
Or could be any numder of reasons but failure is not one of them

LO had 78m shares. If they convert heir warrants of 20m shares they would be way over 30%. When LO convert their warrants they will want to have less than 30%
When L O convert the warrants the shares in issue will be 313m so expect LO to sell more shares in the coming weeks so they have less than 30% at that point.
What LO will have is the final say over when this company is sold and for how much.
The punters selling shares over the last couple of days because LO sold have done so for the wrong reason. They should really have been buying.
Not ramping just my thoughts

Was just reading an old article in the Guardian from 2019 regarding Viagra patent coming to an end an it mentions Eroxon in
detail and it said Futura suggested sales could be £1bn. That was 4 years ago so bring it on

Every supermarket everywhere will stock this product. Perfect for self chechout.

From the video Dr Hellstrom more or less says why bother with Viagra when Eroxon does not need a prescription, works in 10mins and has no side effects. What's not to like. Multi billion market so ready for Viagra manufacturer to take over FUM.
They will lose their market share big time.

TB must have a Cunning Plan for buying 10% of AUK

This may re-rate over time but with over 100m warrants at 4p to get rid of its going to be a slow process

Not so much a leak more a drip

Look on Valirx news

Must be more to this. £200k to invest is peanuts and going to make no difference to the sp.
So apart from some pals getting some cheap shares it means nothing. TB taking us for mugs. Again.

See Abingdon have completed the CE test for their Covid test and are starting to manufacture.
So why have we given up on our test after investing £2.5m.
Seems to be demand for testing kits.
Will the sepsis test go the same way as our covid test. No plan has been given on a timescale so we have no way of knowing and the Prof has climbed back into his shell

It is a general meeting tomorrow. There will be no updates. They will count the votes and close the meeting. That is all the meeting is for. A RNS will be issued to that effect

Hw will be watching the No votes creeping up and try to stay ahead. Just my opinion

Wee top up at 26.99 shown as sell tell it all

He was voted down and defeated on NNN so it can be done

It would appear that TBs token purchase of shares at 11p + have given the market a floor and an indicator that he will buy at that price. It is worth remembering that last years bonus shares 1.2m for TB and 600k for Vic are redeemable at 33p. So a way to go to collect last years bonus

Send them an email they ask for feedback. I did

Yes but he made about £5m with his divi and share sales last year so he ca afford the loss.