Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
Delighted and honoured to take the stage at the Cannes Lions International Festival of Creativity on Monday, 19th June to share my thoughts on how marketers and creatives can help brands unlock truly transformative growth. I’ll speak to the challenges brands face today, how AI will impact our industry (and the need for creatives) in the future, and what marketers and creatives must be doing now to capitalize on the digital revolution.
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Stockis,
Stock on loan for May 23 was up from 14.58 to 16.07% although I believe this is an average of stock lending over the month.
Stockis,
Not got the May figures yet will post on here when I do.
Good luck all
Total stock on loan here for the month of April was 14.58%
So I believe there are still a lot more to take profits and close.
Even conviction shorters Kuvari have reduced from 1.25% to 0.60%
Marshall Wallace down from 3.40% ( Oct 22 ) to 0.45% below notifiable threshold
If they are all closing there is going to be quite some rise here !
Interesting 'Jellyfish is taking investment from France’s Fimalac group in a deal that increases the size of the UK digital agency by more than a third to 1,100 people and puts a £500m valuation on the expanded business.'
'Marc Ladreit de Lacharrière, a French investor in his seventies, owns Fimalac, which has a diversified range of interests, and he is said to have ambitions to build a fast-growth digital marketing services group to rival Sir Martin Sorrell's S4 Capital.'
Has been very low over the last few weeks/ months. Morningstar was showing a lot of the funds with small positions here selling out,
and we know Permian were also selling down below notifiable threshold on 28th Feb. Even with the low volume the selling should be done by now !
Yes they do do that, the bonus of shorting stock is you can sell the borrowed stock into the market in a manor of your choosing, suppressing the shareprice and hitting stop losses. I think Astaris are at about 74p average.
It would make good sense to buy the high paying bonds and short the stock for a hedge. I don't think any of the over 0.5% club are doing that but the stock on loan must relate to some of this.
Fishslicer,
You have 'sort of got it' but 'kind of not'
The short position we keep looking at is net short ( above 0.5% ) meaning the institution cannot have the position covered by holding physical shares. If you are suggesting some sort of derivative short exposure I guess this is possible. i.e. to hold shares and have a short CFD for example, I would have to check what the FCA rules are re CFD disclosure also and shares held would have to be subtracted off of the CFD short to give the net reported short figure 2.91% net short last reported and there was about another 10% stock on loan.
AmatuerInvestor,
Hes just cashing in on the Mighty Hive sale, Victor Knaap and Wesley ter Haar sold a lot more at £5.00 back in 2021.
I don't remember a panic then. Just very bad timing for the latest sell.
I bet no one is more gutted than these two as I think they still have half each out of 35 million shares, once worth £175 million at £5 now only worth £45.8million.
I think they need to put their respective hands in their pockets and spend some of the money they got for the £5 shares they sold in 2021
Dilara,
There was a bout £4.5m in borrowing last reported as of Oct 22 and around £28m in liabilities, but back then they had a cash balance which exceeded the £32.5m
Hello croftorginal2,
Yes but I think they have already thought of that. www harbourenergy com/media/qc1k2k4i/fk-sl-pmo-ev-rep-0008-sea-lion-eis-b04.pdf
Could it even be sold at a premium to Brent as in VLSFO bunker fuel. Brent $564 Metric/Ton VLSFO $630 M/T
'c65% of THG shares sit with me and several long-term shareholders. Our LSE pain comes from the 35% of “fast money” shares actively trading. I’ve personally spent £39m since IPO, increasing my stake and reducing THG shares on the market. The most recent being £5m at 39p in late 2022.
Yes, it’s unpleasant being listed in London. But I’ve spent 20 years building THG, from an idea while sat on my sofa, into a global Group with Sales of £2.2bn. We’ve just completed a vast expansion of our Tech and global infrastructure. We’re just getting going.
It’s well known that PE deals are lucrative for Management. THG would be worth billions more away from the daily market manipulation involving Bankers, Hedge Funds and Pundits.'
Abode,
In the case of chat GPT only up to 2021.
I think you still need experienced people to apply and interpret the data and for ideas, concept and content creation. Clients aren't just going to be happy to have meetings with a chat bot and let AI run their campaign. Hence SFOR should be in a dominant position to take advantage of the AI revolution in the Ad space.
Dark_Knight2020,
I guess they are running short on stock to sell.
Any chartists agree after consolidation in some sort of wedge pattern we are looking good for a run to 80p then 100p. I also expect shorts will close/ reduce.
Dilara,
I don't think anyone has offered 5p. A listing for Strike via reverse takeover would be good in my view but where do you get your info that a listing would cost £5m in fees ?
I would say they just haven't bothered to change the wording, partly on purpose. If no value was mentioned the shareprice would rally hard on speculation of a bid. They don't want this. Its all above board because no price has been agreed or offered so it is factually correct. I very much doubt Strike will be able to get this for 1p or even 1.5p a share.