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Haven’t looked at this for a while. But just listened to the presentation and read some comments.

What i find incredible and appalling is what Mr N said about Eisai. Here is a situation where they have a $250k contract. Two hundred and fifty thousand dollars.

But what does Newland do - he says there’s a 180,000 test opportunity per annum with each test costing $5k ( he was quite specific that Eisai would pay at the top end of the range which in itself was one of the most extraordinary things i have ever heard from a CEO ). So what’s the opportunity from EIsai per annum? It’s’ $900 million . So he takes a contract for $250k and gets all the punters to dream about $900m. And of course people like TomHuk re-post this and stick that number on this Board

I can’t say i am surprised this was done - I’ve seen it before - but what a thing to do.

BTW - Eisai’s total sale are $5B so only complete fo0ls would fall for the idea they can take this level of cost on. Hilarious.

My guess is it will also seriously upset their new customer who will not like it being publicly stated they are paying five times what other’s will pay.

Finally - how many cartridges are being used for the current contract. If they are going to charge Eisai $5k for each cartridge that means they get to play with 50 cartridges today. Even more hilarious.

Then Newland actually said “ Hey Presto’ . Twice. Brilliant!

And he said ‘ blah blah blah ‘.

And you lot dive into the share and think it’s going up to 80p or 47p or 120p or whatever figure you alight upon.

And TomHuk - i thought you were a great researcher and a great analyst. Well if you posted this stuff you must believe it. And if you believe it then Angle is worth $100’s of Billions. So i am looking forward to seeing your TR1 that you said you were so close to.

Viking - i may be right, i may be wrong - but i don't think that any proper institutional investors ( i exclude global frontier as i don’;t take them seriously ) have bought shares.

I also don’t think there are ‘ fundamentals’ in this company - just hope and hype.

So i am interested in how the share price moves on Monday after a week of serious decline and no new news. If it goes blue - maybe the hot money is staying in. maybe that’s a reason to invest. If it’s red - thats a really bad sign IMO.

TomHuk and his mates think i am a really bad guy with a bad agenda. It’s a bit silly. I am just giving an opinion - which i think has been more right than wrong on this company. But i will make a bet - no Directors buys announced this week. And no TR1’s unless Global have bought more ( which IMO is irrelevant as they keep losing money )

I think TomHuk’ s last post was appalling - just a silly bull case ignoring all the downsides. There are lots of risks here that he glosses over. I understand that every ‘breakthrough’ is a cause for hope and change. But look at the history of hype versus outcome before you invest as TomHuk is encouraging you to do.

And those people who suggest big Pharma is about to bid? Appalling. I have seen that so many times - and it’s always wrong. Simple device to create FOMO. And then those people attack me. Interesting .

So i understand 130m shares were traded so far in January. That means a lot of new shareholders, pretty much all of whom bought above the current price. It also means a lot of old shareholders were quick to sell up for a premium ( correctly in my view ).

So surely where the price goes next week depends on their actions? In other words, the question is whether the hot money stays put or jumps.

And the fact is that none of you ( or me for that matter ) know - you are all guessing and coming up with exciting share price targets like the Golden Cross 47p that was apparently imminent last week.

Will be very interesting day tomorrow. My guess - and it is a guess - is that if it goes blue tomorrow it could set a trend. But if it goes red - well i can’t see new money coming in in size after that. If it’s blue i might buy.

Agreed. Great names to be named with. Thanks for posting.

Yes TomHuk.

Anyone listening to me would have missed out on the rise. That’s a shame but the £1 they had before is still a £1 today. And the only reason it went up was because there was sufficient hot money to drive it up ( encouraged by you ) on a close to zero content announcement. Being invested wasn’t actually the stroke of genius you seem to think it was.

But anyone listening to you as the price was driven up by you and your fellow rampers could be sitting on losses of up to 45p in the £. In the space of a few days. And you know very well that there are a lot of people in that category who have lost many £millions between them. And all on a lot of nonsense. And while the inevitable retrenchment played out you told everyone to ignore what a few of us were saying - and in relation to Sanji questioning his motivation and being quite personal about it.

So i am suggesting you reflect on that.

TomHuk - don’t worry about me.

You’ve encouraged people - hot money - to buy and hold. Maybe you are sitting on a paper profit. But others are sitting on very large paper ( or maybe crystallised losses ).

So maybe it’s time to get off your high horse and accept that your words and actions have contributed to other people’s losses.

TomHuk - what does it take for you to accept that this has played out as we expected.

It’s the same every time.

EC knew that which is why he sold a chunk at 30p. Smarter than he looks.

But TG2D, Sangi and me can’t be in a cult because as some of your mates have pointed out - there’s really only one of us. And i think 1 member is insufficient to be termed a cult

Not a safe space for cult members to hold hands and pray for rain

Tom Huk - you have to admit that’s quite funny!

Looks to me like the market wasn’t worried about an imminent placing yesterday. I certainly wasn’t expecting them to announce one at 6pm in a pre-booked presentation.

So we can conclude that the share price drop was nothing to do with that.

It was more to do with the hot money leaving after it had rushed in before. Pretty simple really. Following the normal Angle script.

My guess is that continues. I won’t forecast a price - that’s for the rampers to do - but it feels we are in for a soggy period.

Ok - thanks. I take your point. So here’s the thing.

When i have worked on similar forecasts for corporates you have to make an assumption about the trading outlook. You don’t just assume that historic revenues don’t change. In other words Newland will factor in his £6.6m forecast for this year.

If he does much better than that then that will impact how much / whether he needs to raise. But he’s told us two things recently - Q2 and £6.6m. So hes got to really outperform. His own expectations to avoid a raise.

So feels to me like double talk from Angle…..

A bit better!

The point is that either they expect to run out of money and need a fundraising or they don’t expect to run out of money and so won’t need a fundraising.

The company have stated they have funds till Q2 2025. Therefore they have stated a fundraising will be required at some stage.

Your friend’s wording ( who i imagine was simply quoting AN ) complicates something which should be very clear and leaves the impression that maybe a fundraising won’t be required. But i guess that’s typically Angle.

TomHuk - i am surprised you have written this post.

If no placing is required because they will trade through to being cash positive then there is no need to say they are funded till Q2 2025. But if you say you are funded to Q2 2025 that means you need funding after it. So - if they don’t need more equity they should state that they now have a runway through to cash generation. AND THEY HAVE NOT SAID THAT.

Really surprised you post this.

if you had said ‘ i think a placing unlikely this year’ - fine , that’s a fair opinion.

But to say NO PLACING. Unimpressed.

I didn’t see anything new in the presentation apart from use of the ‘ qualifier ‘ potential’ to breakthrough. Which i guess is a good thing if Mr Newland is being more careful with his language?

But i didn’t hear it - just read it - so probably missed the good stuff.

EC - what was the best bit and where do you think the price will go to today?

Potential breakthrough clinical application

Thats the heading of slide 14.

The word ‘ potential ‘ has been inserted.

Not very difficult to understand why.

Just got back from dinner and had a quick look at the presentation. Nothing new was there?

BUT why do they now say ‘ Potential Breakthrough’ rather than ‘ Breakthrough’ . Odd to change the wording like that.

Popeye - Mr Carrot isn’t waiting for it to get to 37p. He’s already told us he was a seller at 30p. So you’ve got one of the biggest long term bulls on this board who thinks it’s sensible to sell some at 30p. I wonder why he thinks other people should be buying in at that price?

Yes - agreed we should keep it friendly. It’s not life or death.

Time after time everyone on this Board has seen Angle hype some announcement.

Then they’ve seen the rampers at work and the hot money flooding in.

Then they’ve seen the realisation that the announcement had zero commercial substance

And then the share price tanks to a new low. [ BTW i am not saying this time it will hit a new low - but i am not dismissing that possibility either].

This has happened again and again.

So why do you guys think it’s any different this time. Is there something really substantive with clear commercial implications that I’ve missed?

TomHuk - as a long term investor who’s done huge amounts of diligence i was hoping you were going to set out your sales and profit forecasts for the next three years with a brief rational. Plus the cash burn assumption and the cash raise requirement. These are very simple things aren’t they? . If you are so sure about the value proposition you must have some brief analysis you can share with us.

You just spent £100k on this? You have balls of steel. Impressed.