Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
He did make the school boy error of stating 200m shares in issue. Unless he know's something we don't?
I t does seem like TLSA may be starting to ramp up the PR machine.
BB
Lowest close since the 1st April 20.
Let us hope the Fireside chat gives us something to improve the current SP and overall impression of TLSA. Managed to buy 4000 shares today at $0.84, so only 5% down by close of play.
BB
BB
Fireside chat tomorrow may give something away wrt 'A Plan'.
BB
Tiziana issued 11,009,615 ADSs (representing 22,019,230 new ordinary shares of nominal value £0.03 each in the capital of the Company ("Ordinary Shares")) at a price of $5.20 per ADS raising gross proceeds of approximately $57.25 million (before deducting placement agent fees and offering expenses).
$5m @ $0.66 = 7.5m shares of the 11m ADR's issued.
As long as good new gives a higher price before the next raise, or is there a buying/partnership on the cards. This drop is not TLSA alone, dddd are on a similar path.
BB
SK
Probably frustrated by the progress of TLSA. A long way off what was planned for the previous 12 months.
BB
Lasted 12 months - Former VP of Regeneron
It was massive news when he joined. 12months ago we closed at $4.23
A mere 80% fall since then.
BB
Has the business address changed from Park Lane, London to New York?
https://sec.report/Document/1850767/000149315222001231/0001493152-22-001231-index.html
Accustem website still shows HQ as Park Lane:
http://www.accustem.com/index.html#contact
Companies House still has it registered as 'Cheapside, London, but they state that the accuracy is not verified:
https://find-and-update.company-information.service.gov.uk/company/12647178
70,000 Tils shares now reduced to 35,000 TLSA with a value around £20k and whatever Accustem may be worth.
Roll on a change in fortune, I will then be annoyed I didn't buy a load at the bottom (Wherever that may be).
BB
Traded between $3.30- $3.0 & closed @ $3.23
75% destruction
Mcap of $320m with $40m cash (guess) - $280m asset value (No Accustem)
Now $80m with possibly $20m cash (guess) - $60m asset value (No Accustem) $220m write down
Foralumab proving safe on one person so far. Roll on the next 12 months
A silver lining is:
We can't lose as much over the next 12 months :-)
BB
Hi SK
I'm very disappointed with this SP here. I won't be buying anymore TLSA for the foreseeable future. In fact I have started to buy 4D (no ramping), I have bought 3 lots so far, with an average of price of 52.89p (18% down already) .
BB
Tils & 4D have followed a very similar path - Total destruction!
BB
A new low - Sub 85c for 2 Tils shares.
31.4p
Lowest since early April 2020
BB
If a 2nd patients use didn't materaialise, we may not have heard anything further. However, the FDA have approved a 2nd patient after witnessing data from the 1st patient, so I see this as big news in relation to Foralumabs safety and it's potential as a treatment for MS.
BB
https://ir.tizianalifesciences.com/static-files/9f5d2bf4-2746-40bd-8226-923f3c95b466
BB
https://ir.tizianalifesciences.com/static-files/c2e630f4-1901-4c78-aae0-0aaf4a972828
BB
From RNS 6th Oct:
The acquisition takes Mr Cerrone's interests from 34.178% to 34.208% (within the 1% incremental threshold under Note 11 to Rule 9 of the UK Takeover Code).
What is the the Nasdaq equivalent if there is one?
BB
Halifax shows original TILS shares and zero value
II shows consolidated shares (TLSSA), Price,Book cost & Average Price is shown in $ and the valuation is shown in £'s. Well done II.
Halifax = Must try harder!!
BB HNY to all.
The Accustem shares trading OTC have not been consolidated 10:1 yet. They are 2 shares equalling 1 ADR
UK holdings will be consolidated 20:1
Around 6p/share presently, so about £1.20 after consolidation. That could be way out after news flow or heavy dilution. All guess work since last year.
BB
They probably sold out at two to three times the price TLSA is now and can buy accustem for about 16cents. Smart move in hindsight.
BB
However, I received this today ref Tiziana shares:
'These are in the process of being deposited with our international custodian and accounts will be updated accordingly. Hopefully will be done soon.'
So hopefully they are nearly sorted.
BB
All UK holders are waiting for their TILS holdings to be converted to TLSA shares to allow selling.
BB