RE: Two Trades for £1.5M on Friday20 Jul 2021 15:45
Well look at this little gem.
The letter behind the RNS about Nasdaq.
Gatemore is the type of Investor we need and they make some fantastic points.
They realise as we do how undervalued SENS is.
Loving the broker bull case for a price of over 900p !
The revnue projections are amazing too.
So much potential that has not yet been realised by the market.
Bring on Nasdaq I say :-)
The whole message won't fit on here so click the link. Or copy and paste also for the charts.
https://www.prnewswire.com/news-releases/letter-from-gatemore-capital-management-llp-to-sensyne-health-plc-896254573.html
Letter from Gatemore Capital Management LLP to Sensyne Health PLC
News provided by
Gatemore Capital Management LLP
Jul 19, 2021, 07:36 ET
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LONDON, July 19, 2021 /PRNewswire/ --
Sir Bruce Keogh, Chairman of the Board
Lord Paul Drayson, CEO
Sensyne Health PLC
Science Park
Schrödinger Building
Heatley Rd
Oxford OX4 4GE
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Dear Bruce and Paul
As you are aware, Gatemore Capital Management LLP ("Gatemore" or "we") manages the Gatemore Special Opportunities Fund, which as of today, has an economic interest of approximately 5.9% in Sensyne Health plc ("Sensyne" or the "Company").
The purpose of this letter is to request that the Company take steps to achieve a secondary listing on the NASDAQ market in the US in addition to the LSE's Alternative Investment Market (AIM). We believe this listing will unlock significant value and assist in positioning Sensyne to become a global leader in clinical AI, a field which is estimated to grow 40% per annum to $120 billion by 2028[1] and will fundamentally change drug discovery and shape better global health outcomes.
In this letter, we will explain the rationale behind this request and detail why, in the next stage of Sensyne's growth journey, a secondary listing is the appropriate course of action to ensure an appreciation of the Company's intrinsic value in the market.
Background
We have been enthusiastic investors in Sensyne since January 2020, and have appreciated our collaborative engagement with both the Board of Directors and Management. We have been particularly impressed with the progress you have made over the past year, including:
amassing a database of 18.2 million total anonymised patient records, comprising 8.5 million from the NHS in the UK and, most recently, an additional 9.7 million from two US healthcare systems: St. Luke's University Health Network and the Colorado Center for Personalized Medicine;
making an equity investment and executing an exclusive strategic collaboration with US-based Phesi and gaining access to an additional 13.5 million anonymised patient records, bringing your total accessible records to 31.7 million;
the imminent completion and launch of the SENSIGHT database, comprising the standardisation and curation of patient