Member Info for Bazzaman

Another great update tonight. Every Covid 19 vaccine manufacturer want to use Open, a good dozen of them. Existing contracts recently announced Open are paid 1/3 up front then milestone payments over the next 3/4 months. He has guided the market to expect more contracts. He wants to SP to move up nicely on the back of good news flow. On the deal announced Monday he expects the clinic to be up and running on either 25th or 26th May. They will be doing 3000 tests per day 24/7, no extra staff needed. He was more hesitant on his exit strategy as the company could be worth 'hundreds of millions' and therefore substantial value at year end. He was complimentary on Roche but also said more than enough room for both of us. He knows that banks in the city want to test their staff, also health workers, GP's. He is clearly excited but not over the top. A great investment for 2020 IMHO. GLA

FRR were cancelled in Jan 2019 due to AIM rule 1 - no nomad. Nothing to do with takeover!!

You could then sell at them slightly lower price of await the takeover. Last year 7 companies in my portfolio were taken over and most of them were on AIM. That's the way it works.

Spy the shares wouldn't be suspended on any offer the sell price would just rise to below the offer price of the takeover until it was finalised.

at 12 O'clock today. https://www.investorschronicle.co.uk/comment/2020/05/14/hunting-down-undervalued-small-cap-buys/

Sure will

No doubt we can ask some interesting questions with CF in tonights presentation. I'll update any new stuff when it finishes. BOL

Company bullish about the results, even better in the 1st quarter 2020. They expect to see growth in SP in line with increase in oil price (if and when that happens). GLA

I'll ask the question at the next webinar on Thursday then maybe he'll shut up for good. GLA

Out of the 100+ developing a vaccine, he said only about 20 had a serious chance and he was looking at between 8 and 12 of them for the clinic to service.

He also said that he will provide much more detail on the RNS today in the next couple of weeks once it is up and running. The detail will be both press & shareholder updates.

The presentation deck he used is on his website but he did say it was out of date and will be updated in the coming weeks.

Some additional updates: FinnCap have great life science capabilities & CF always had 2 brokers with previous companies. COVID challenge studies, the 24 bed is partitioned into 3 so can do 3 big Pharma companies (8 at a time). Lab will have first runs next week, lots of revenue there as under utilised now. Imutex spin off likely in next 2/3 months. May do a fund raise (Primary bid) if they have opportunities for more acquisitions but no current plans.

Is for Sharesoc members only at 5pm, not sure about the transcript. CF is also doing another one on Thursday for Shares mag members. That one is at 6pm.

Yes, disappointing. Sometimes he does an update on Wednesday as well, although SP moving up nicely now. BOL

5pm tonight, Sharesoc webinar with CF for 1 hour. You have to be a member though. I'll update if anything new materialises & also whether he builds on today's announcements.

Has an initial target price of 1.95p https://www.investorschronicle.co.uk/comment/2020/05/11/five-bargain-share-success-stories/

Great news today, I'll listen to his webinar update tonight at 5pm and see whether he adds any new information following the announcements today. GLA

I know he interviewed CF but worth a listen. He mentions Open at around 14mins if you don't want to listen to it all. https://soundcloud.com/doc-h-4/dlc-2-5-thought-provoking

Yes, sorry I think you're right.