Member Info for Brondby

TT has been getting equity stakes and revenue confused for months now. And if Bio brought in $1billion of revenue, it'd be worth many multiples of billions in market cap, of which ciz would have 1.5% AND 10% of revenues of the lung test.

I don't think he's stupid, so I have to assume its a deliberate misread, talking down the sp to a price that he does "like what he sees" to buy in again.

Personally, I think its currently hard to tell what the ciz value is, hence the poor sp action. They are vauge or omit things in RNS's like this key information around the equity stake, which is frustrating. My own view is the test will succ

Nope. 79th will keep them on track. This deal is the best way forward and now the cash concerns are away, the assets will be valued more sensibly. Only our cash position got worse since our peak share price days. Cash is no longer a concern.

If you have a desire to lose more money then go ahead.

Well £2m investment to buy 50% of the company does imply around £4m market cap, so around 4p, yes.

Not sure why we have folk selling 🤷‍♂️

Takes away funding concerns for some time, and 79th would not be investing without having seen the assays.

I'd rather get those weak holders out first, then release the kracken!

I doubt we'll see anything until January, but could of course, be wrong.

Https://x.com/MarcFCMetals/status/1866610711289532915

...business model is to add value and sell on.

Sunbeam has been mooted in the past as potentially the 'jewel in the crown', though I'd say they have a few properties that look very good.

Seventy Ninth's strategic goal is to pursue a public listing in 2025, so having another quality property would help tmake that successful.

We'll see.

An asset sale would make sense, as the busine

For those into technicals, 20 dma crossed the 50 dma end of last week. Last time fcm did that was on its way to 5.5p.

Next target, the 200dma at just over 3p.

Https://www.share-talk.com/top-12-small-cap-stocks-to-watch-in-2025-part-1-amrq-avct-ecr-fcm-ggp-hvo/

No idea, but he now has around 135k in the company. That is an expression of some confidence.

The 10% royalty agreement isn't in question.

Its the equity stake i'm asking about. Where are you reading this 1.5% as additional to a 10% equity stake? Page?

..via private offering

From the web page, Click on "Offering Circular"

It downloads a pdf.

It says $5 m. Being raised via this offer, plus $5m v

Page 11

" In exchange for this exclusive license, the Company will remunerate Cizzle Biotechnology PLC via a 10% royalty on all sales in the USA and Canada. In addition, upon the first to occur of an Equity Financing, an Initial Public Offering or a Liquidation Event by the Company, Cizzle Biotechnology PLC shall be entitled to either (i) participate in the Equity Financing and receive shares pursuant to a defined formula (based on the current Offering, this would result in approximately 1.5% ownership on a fully-diluted basis) or (ii) a success fee of 2% upon a Liquidation Event or an Initial Public Offering (see “Capitalization” section for information as to timing of such equity issuance). "

Found this

https://invest.cizzlebio.com

Check out the Offering Circular.

There is good and bad in here.

Ciz Bio aiming to raise $10million, with notional post cap valuation of $80million.

BUT, if im reading this right, Cizzle plc equity stake is just 1.5%. Might explain why the 10% was missing from the last RNS?

And there is a TR1.

Though as this is an increase of a percent or so, it may not be the only one to come.

OTC trade for about 4.5% of the company.

TR1 next week?

Something up? Or an error?

"Concentrate on the performance of the business" says "Airmiles Marco Polo" man. Please do!

25% up from min to max price today on a few k trades.

Long term this is a steal from this level. Gold at another ATH. A decent RNS and this is up into the 4s.

Today was a classic steal

- Someone wants shares at below current ask

- MMs drop the bid to 1.5 and create huge spread

- Some negative comments on BBs from Scotty (coincidence?)

- Someone is spooked into selling at 1.5

- Buyer gets their shares cheap

- Bid moves back up

👏 Well played.