Member Info for bluetigeruk

Placing - its possible the trials partner wont run the trials unless the funding can be proven - that's my guess - esp if they have been burnt before - so it becomes a non negotiable from the CFO - so placing coming. Thanks Blue

The bonds are in default - but the debt holders have agreed on a 30 day by 30 day basis not to close in on the assets - so of course the bonds are not shifting yet - they are below junk status, if there is such a thing. The equity sees a way out if the debtors agree a pathway that removes this position and as the equity ranks behind the trade and bond debt then its reflecting a little glimmer of hope. The thesis is if they can trade through this then the business will survive and the equity reflects shareholder value again. // Thanks Blue

Does anyone know the diff between HEMO and JUNO / SANA Biotech - the technical diff in the application of CART + T and what the novel aspect may be for IP claims? Thanks Blue

Their fee in shares is not that much - £60k for a year of corporate finance consultancy advice - and its been successful and closed - its not a huge fee.

Only question that remains is can they dig it up and load it for shipping in enough volume and at the right price ?

Thanks Blue

There was a fund manager a few years ago who identified stocks that traded at below their asset value - and OK its not a quick momentum trade, but over the medium term he outperformed many of the active funds that chased momentum stories. I suppose its kind of Warren Buffet territory too - but yes - find a company that is worth more in administration than trading and your investment case is sound -its just the time line associated with getting value that is the question. But yes sell me £5 for £1.50 and i'm happy. Thanks Blue

Mr I - yes i agree the market cap is very low - i would guess just selling any patents or PPs would cover this value - also they still have 2M ?? in the bank or more. I was with a pathologist yesterday discussing the new chemical markers that various cancers are showing and then how new assays are identifying these in blood samples and then a specific treatment / prophylactic can be designed to treat. So the big take away is that the advancement of pathology tests gives the information needed for the CAR-T treatments etc to be designed and delivered. Thanks Blue

Any small business that is burning cash, has no revenue, will need to raise several times in the next 5 years and does not even have an MVP yet will not get a full valuation. As soon as those 4 factors are satisfied then you will make lots of money because the business will be making revenue, balancing sales with costs, not requiring additional working capital and with a product it can sell. This is not really an investment its a gamble that HEMO makes a product and then gets bought out.

Thanks Blue

If you want to buy cheam HEMO shares - why not just wait until the next funding round - tell the corporate broker you are interested and they will put you on the call list of whoever is organising the placing - there is no point in rying to get four or five private shareholders to sell into the market - it will haveno effect at all - any sensible investors - i mean family / institutions will just be on the call list waitingto buy at a discounted placing price. Just join the call list like the clever money does. Thanks Blue

Its the safest method there is to date - and so its best in class for the next decade i guess. I'm not saying that nothing is unbreakable - because then in fact once encrypted it could not be decrypted - im not the worlds leading expert in this but i've had lunch with him twice and i can state very clearly that this is the best method you can use today. Im happy to share a very summative 1 page PDF or visit quantum-mqtt.com // Thanks Blue

If you are reading this you may know a bit about encryption. My small business has just created the worlds most secure end point to end point (2x RPIs) VPN using military grade symmetric key agreement technology. It is confirmed as Quantum Safe - and uses the NIST approved algorithms. Sorry its IT bingo i know.

We will be raising funds soon under SEIS - if anyone is interested in a seed level investment in a small business that has a real chance at deploying this tech into larger teleco and enterprise use cases then please DM me here and i will connect.

I am preparing SEIS documents now and will also engage with a professional angel investor network.

Anyway - good luck and thanks for reading this shameless promotion !

Thanks - Blue

Why would WOOD take over Petrofac with all that debt and loss making contracts inside - makes no sense - just wait and if they go into Admin then pick off the contracts worth running and leave the rest in Bad Co to get re-tendered - maybe to Wood - at a profitable rate. Thanks Blue

Abu Dhabi Do ?

Also PFC is a major supplier of these engineering services - their customers want price competition - take out PFC and it could cost the market easily as much or more in reduced competition and margin / cost increases from Wood / Haliburton etc. IF i was buying in large multi million contracts i would like some price competition.

It pays to keep them in the game. Thanks Blue

Restructuring in a debt for equity swap is good for shareholders, not bad. OK you get a price wobble now because the market needs details and the dilution is not yet clear. But if it moves all of the debt ratios in the right direction, satisfies lenders for project guarantees, and lets Petrofac convert 8bn of pipeline into say 500-800m of net profits then happy days. Then we can sacrifice some divi for share buy backs in the future - if thats the shareholders issue at that point. Also the bankers will like it because they get paid restructuring fee! Doubles all round.

So i think the interims were OK - sold some rock and the backers are still there - they had an extraordinary weather event - thats a rare issue - and the new seperation equipment is on lin very soon and so th operationcan move towards production - not so bad after all.

Mystic - they also have a debt facility of A$50m and a bank consortium Debt structure of A$200m they can access. I doubt if they will raise now given they are 80% towards the head of the ore body.

Ex Miners - what do you guys think - how much time until they start the extract ore - 6 months ??

Maybe when they list on the ASX they will raise a placing to add some ASX institutions onto their cap table, it does make sense, but not now.

Surely the next raise, if needed, is after the first scoops of ore are extracted.

But you could then ask why then? if they can access debt funding against the ore extraction cash flows.

Thanks Blue

Placing Explained.

A placing is a way to raise working capital in exchange for shares. Thats the function of the stock matrket - providing capital to businesses. A pre revenue bsiness can either borrow or raise capital. To borrow for a start up its about 15% to 25% interest currently - that would fast place the business in the hands of the creditors.

So it has to be a raise. A business that is consuming WC without generating revenue and profit is always going to need to raise WC - so HEMO will burn around £6m this year in WC - so it will have to raise again sometime around July i guess.

The placing provides dilution and then increases the assets of the business. Now the markets change this - so a business at 10 m value x 10M shares - and share price £1 raises 10% at 75p - so the new share price is 10m shares at 100p + 1M new shares at 75p = 750k = 10M + 750K (post money) = £10.75M / 11M shares (new) = 97 pence fully diluted.

But the market is aware there are loads of new shares available at 75p - so why pay 97p ???

So the price is now 74/76 - for a while - until the capital is successfully deployed and then the value of the business increases.

Or they burn the capital and don't add value and then the ext raise is down at 50p or whatever.

There are many factors in a share price.

Thanks Blue

You know this !! so only buy in after a share placing hits the price and sell into good news - then reload. Its easy - just repeat this Sell after good news, buy after placing, sell after good news, buy after placing ...

Thanks Blue

A final word here.

The professional investors knew as soon as a 2p placing is made the SP reverts to around 2p.

Why did they still take all those shares if they knew this?

Wht didnt they tell Vlad and his brokers that overtheir dead body would tey raise at 2p?

If the professionals are happy with a 2p share price - why arent you?

Thanks - Blue

Main Shareholders (Pension / Investment Funds) are always given information ahead of a raise - its standard business - if you don't know how many new shares the current shareholders will take and in what size you cant price and arrange a placing. The market makers are also informed to see if they are running short books and want to square up. As soon as the market makers hear that there is a placing coming they will hit the share price because they know there are cheap shares around the corner. I recall a Fund Manager losing his job because he hit the options market through a broker on my desk ahead of an offer on a UK listed share - he was working for one of the really big pension funds as well - a utility one. So it happens all over the market. See where the price is in a month - the worst event for any business is liquidity - see what happened to Petrofac - HEMO raising now and a decent chunk of WC is probably a good thing, once you remove your eyes from the SP. If they get the business into Phase 2 then the value will emerge - its never going to rise until it looks like they have a product anyway - or something they can sell to a bigger party as a maybe product. The role of shareholders is to provide capital for the company to deploy and create excess returns over bonds - inflation. That's the business you are in when you invest in a small start up company - you are a working capital provider - and whether you take part in a placing or not - your capital value will reflect that. What is rubbish is that the institutions get to buy in anti dilution but the PIs don't get the nod. So only buy after a placing makes the SP weak, because then you more or less get the same treatment. Same rule for all small capital consuming businesses. Thanks Blue