Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
Lemmink,
Just trying to get my head around the figures here and I’m probably wrong (!) but yesterday’s 40% stake in Bisi was worth £9.84M (40% of Bisi’s market cap). LAS has 85M shares in issue is wouldn’t this 9.84M over 85M shares equate to around 11/12 pence… I much prefer your valuation of 43p but I can’t quite see how you arrived at it… I’m a holder of Bisichi so very pleased with the results and contemplating buying.
Surely the divi will be reinstated..? Yes/No? Many industry (power industry) experts are expecting these sky high gas prices to continue and with countries putting old mothballed Coal Fired Power Stations back into service (to reduce their use of Russia gas), coal demand is going to be higher this year and probably next year than anyone would’ve predicted 2 months ago.
Not too sure where to go here… On the one hand todays developments are concerning but on the other the oil price has just touched a 7 year high which means that if ENW are still producing what has been estimated they are going to be spewing out a lot of cash…
It’s not a done deal, which gives us some hope but I’m guessing that this situation will stop the price from rising above 75p regardless of what the company announces/ market does. For how long do we expect this situation to continue? I’m not sure of the time scales here…
My thoughts exactly. How are we in a situation where we have an event which puts a ceiling on good news! Plus, I bet they could have reintroduced a divi which would further inflate the price (under usual circumstances) Very frustrating. Does anyone think that this still may keep trading or is the 75p offer a ‘done deal’?
Guys
I have received a letter from the broker where my SPC shares are held (nominee account) stating that they are being moved to JP Jenkins, a matched bargain trading facility. Has anybody else had a similar letter in the last couple of days?
Big price fluctuations here today. We gone from 90p to 103 in 1/2hr on no news… You would have thought that the good results last week would’ve ‘under-pinned’ the price but it’s actually down! Probably a reflection of the wider market…
Is this worth buying now the price has come back? Results around March I believe but stand corrected. With what has been happening in the energy sector, combined with Bisichi’s fundamentals this looks very cheap… Will they reintroduce the dividend? I guess it depends on the life of the mine and the price which they have been achieving for their coal (agreed contracts etc). One to watch at least.