Member Info for B2HS2L

Feel free to jump in here:

If there are T/O discussions there are likely to be a Non disclosure agreement in place.

If NDA in place, SNG will probably be unable to mention COPD findings.

Without COPD findings or any other news of consequence released, sp may not move up that far, and shareholders disgruntled without fresh news.

Purchaser will try to use present sp as valuation baseline, but I don't see RM budging from his valuation, and will remind each suitor that there are many suitors he is talking to.

Shareholders will need to be much more patient, as this situation has a lot further to go, unless one suitor meets RM's valuation soon.

https://www.england.nhs.uk/aac/

The AAC exists for two reasons:

We want to get more proven innovations into the hands of clinicians and patients, faster.
We want to make the NHS a great place to innovate, so that we can accelerate the development of valuable innovations for our citizens.
We are committed to doing this hand-in-hand with patients and the public, because we know that doing so will keep us on the right track.

https://www.england.nhs.uk/aac/news/
- Seems devoted to news prior to Covid-19 Pandemic, so makes it look as though the whole AAC website has been abandoned due to advent of Covid-19.

https://www.england.nhs.uk/aac/about-us/aac-board-members/

Some well known faces in here, but wonder if this list of members is up to date, we've probably had an election since this list was published.

Patients and families should be made aware of AAC, who may be able to meet their needs via their member for parliament?

Appalling state of affairs for those in need of a 'right to try' in UK.

Trumps 'Right to try' (RTT) signed into US law May 30th 2018.

"The UK already has something similar to RTT in place already – the Accelerated Access Pathway (AAC)."

https://www.thebraintumourcharity.org/media-centre/news/policy-news/blog-it-time-uk-have-right-try/

Not sure if AAC is well known in UK?

Thanks Dibs, recommended.

...and his skin turn Orange..
Oh I wish you hadn't said that Rookie, I'm feeling much worse now.
By the end of November he'll be history, - we live in hope.

Rookie, - If Trump were taking the larger dose, it might explain some of his tirades and behaviour.
But then again..

Should someone overdosing on Hydroxychloroquine have his finger on the nuclear option?
Check his dosage someone, - he might be sneaking in another dose in his burger.

Good that you have been seeking some answers Graham, thanks.
"With the challenges caused by COVID, it is unfortunately almost impossible to predict when this is likely to be published."

I'm disappointed for you and us that they could not provide a better response.

In the phase 2 covid-19 trial 3 members of the placebo group died.

"SNG001 should be rolled out now and lives saved".
A trial can be stopped due to the futility of continuing, but cannot be rubber stamped due to overwhelming success rate, without peer review and approval, - all taking more time.

Are Venrock speculators?
Venrock are obviously interested in making an investment in SNG's prospects, same as other investors.
What they might really want though is to be holding shares when companies are preparing to make offers for SNG.
Prospective buyers will be looking to find 30% of SNG shares (45 Mil shares), and Venrock might be approached to see if their shares are available.
Venrock could then add their premium.

That's how I read it yes.
I've seen it exercised once at ANGS (RNS - 10.01.2019)

"If a potential suitor now owns 6% of the company it gives them an edge in negotiations."

Don't agree, but wanted others to be aware of section 303 of the Companies Act 2006:

If a shareholder holds > 5% of the companies shares, they have the right to require the Directors of the Company to convene a general meeting to propose various changes to the Board, as stipulated here:

https://www.legislation.gov.uk/ukpga/2006/46/section/303

I'm not saying anyone has plans for board representation, but all holders over 5% could call a meeting to do so by right.

Yes, I think that is correct.

RBMInvest 16:10

"It isn't a five minute job to buy out a company. Huge amount of due diligence for a company like AZN to go through and to ensure that NCYT were the 'real deal' and not another wannabe.
Whilst doing that DD, you might want to do what you could to suppress the target's SP though. Just saying....".

You might also want to suppress the target's SP whilst waiting to see if the Govnt is going to award part of the £5 Bn (over 2 yrs) Govnt cash pile for Covid-19 testing etc to AZN.

No contract, or materially insignificant award, MIGHT change the PoV of AZN board, as NCYT (assay supplier) would also not benefit.

Following provided for reference -

70.6 Mil shares in issue, so 30% = 21.18 Mil shares need to be acquired by prospective purchaser before they must make an offer.

II's (from Morningstar - up to date?):
Vatel Capital 4,784,384 6.77%
Legal and General 2,525909 3.58%

Board:
Graham D. Mullis 61,631 0.106
Mr. James Wakefield 36,839 0.063
Mr. J-P Crinelli 21,232 0.037

Directors deals in the last 12 months:

J Wakefield NED / Chman 36,839 0.05% 18.05.2020
Graham Mullis 61131 0.09% 18.05.2020
J-P Crinelli NED 21232 0.03% 26.05.2020
Andrew Heath NED 20000 0.03% 03.06.2020

Market cap:£215.41 million, (source H-L).

I suspect II's under 3% notification level, and some PI's own many more shares than the 3 board members above.

sh3 - there isn't anyone 'brave' enough to be out at end of trading today, they are the stupid ones.

If those vaccinated die post vaccination, we won't hear of it, and that goes for any other reaction to vaccination.
Anyway having they got the US election to meddle in?
Best get the meddlers vaccinated first.

https://www.colorado.edu/today/2020/07/22/new-covid-19-test-returns-results-45-minutes-without-nasal-swab
I have posted this link before, but the reason for reposting tonight is so that all tonights posters/bb readers are aware of the technology described within this article dated July 22 2020. "The test has not been approved by the Food and Drug Administration yet, but the team has submitted paperwork via the agency's Emergency Use Authorization program. The team is also working with the state to carry out further validation tests locally and, pending those results, expedite regulatory clearance for use in Colorado".

RK,-
"Of course right now with the best on the planet results every LFD manufacturer will want to be working with Avacta to deliver tests to there own markets and global sales may well be much greater than anyone could imagine. the numbers of cases in the US, Brazil and India are growing so quickly but the rest of the world needs testing too and safety on the planet is determined by a simple test and we are looking like we will be right on the top of every governments wish list to have tests"

I think most governments who's nations economies include LFD manufacturers will want to know from those manufacturers, what else the govnt can do in order to get LFD manufacturers making the POC test.

The international clamour (from govnts as well as LFD manufacturers) once tests are approved will be deafening, and the situation will need professional management.

This frees up schools, industry and commerce, and allows the re-opening of parts of the economy most likely to be closed due to pandemic, so there is a lot to lose if your economy is not one of the first to be 'liberated', ie, those nations who do not have a manufacturer of LFD tests.

I have recently mentioned licensing, and I feel it may be the only solution, because after LFT approval, the situation will become chaotic.

Brent, - This might be the link you seek, but am not sure.

https://bdif.amf-france.org/en_US/Resultat-de-recherche-BDIF?formId=BDIF&DOC_TYPE=BDIF&LANGUAGE=en&subFormId=dpcn&BDIF_TYPE_INFORMATION=BDIF_TYPE_INFORMATION_DPCN&TEXT=&BDIF_RAISON_SOCIALE=NOVACYT&bdifJetonSociete=RS00005391&REFERENCE=&DATE_PUBLICATION=&DATE_OBSOLESCENCE=&valid_form=Start+search&isSearch=true

Unfortunately Bungle, my nephew is aware of 3 or 4 cabin staff job losses, and one person offered what is a demotion.
He has worked for BA for 18 months, and completed first class training in March. - I think he will qualify for a (small) pay rise!

I can believe you probably cannot open enough windows with the toxic working atmosphere prevalent at BA.
The whole family breathed a huge sigh of relief when the news came through Saturday afternoon he was to keep his job, tears of relief etc.
I was BA staff myself for 9 years (Engineering).