Member Info for CHELSEA7

Crumbs, thanks for posting that again, I posted the same yesterday and commented that many of us, me included temd to miss things in RNSs and after reading it a couple of tomes early Friday morning it is all there, exactly what some say hasn"t been explained.

GF, agree with you entirely

Bermudashort,

It was me who suggested Vulpes position was untenable based on what I have heard as a background to this situaton and I stress not from the existing board. I agree wat and see how this plays out but in the meantime that will be dictated by how we vote now.

In no way am I trying to see Vulpes in a bad way, just a stuation where I feel knowing the stratagy Vulpes have adopted we are better off on many levels going with Redmile, indeed time will tell.

in

Once again you twist my words....................."".C7: probably no point discussing further, if you believe an 8% selloff is the result of net demand for shares then we'll never agree. Have a good weekend and stay safe""

I clearly stated as just posted..............."".Exactly my point Knowlesi, 1.3m volume is NOT a high volume, in fact as you know that is afar lower volume than in recent months, but we fall 8.40%!!"""

Where have I mentioned an 8% sell off?? That would be some 60m shares!!!!!

As you say more importantly, have a good weekend and stay safe.

And Knowlesi, we have spoken several times, no need to twist my words, which is why I rarely got involved in a discussion here. I clearly said....................."" My reference to your post when I commented just a volume of 1.3m, with many buys took us down over 8%"""

Why do you need to twist words, that is clear enough.

Ruck.................it is a legitimate question to ask, nothing more to add other than Rays comments, and what I said before we will find out in the AGM. Simple question really, we have been astonished at times by what Scancell have come up with on small fundings and expenditure, and we have also grown from just 6 employees to 24, most with PhDs, and are planning on adding another key 4 scientists on top of Ursula which hasn"t brought much reaction to the BBs, but I think the statement is very clear. What is your hesitancy about us having such large resources at our disposal, at a time when we have more platforms than ever before and existing platforms which are now ready for trials, whilst ensuring new platforms keep getting developed?? Not a single one of us could have written this back early in the New Year, let alone having an ii of Redmiles stature at the helm at 13p when our M/Cap was just £24m. Funny enough not a single person did write that, wouldn"t you in Lindys shoes (a pretty site I"m sure) and fellow Board members take that and finally take the years of development into the Trials stages and not be distracted by having the funding to do it.??

Not suggesting you are against it, and right to debate the issue, but I keep coming up with the same answer yes, and as empty end further said..............."".one way or another this financing will get done more or less as planned"". agree with that and Vulpes with a stratagy that has been gazzumped will make a big statement that there shares are open for a deal, and by publicly going against the BOD it couldn"t be clearer. I do believe another ii has been lined up to take there holdings, they simply on a financial basis cannot compete with Redmile and from our viewpoint, do Vulpes have the connections they do?? I doubt that, and if being the case they want to build there holding on the cheap would it matter at this stage if they did??

All will be revealed soon.........................

Knowlesi....................hope what you said was just a misunderstanding..................

""3Knowlesi

Posts: 2,546

Price: 13.75

No Opinion

RE: The bottom line..Today 19:09
C7: still not sure how high volume is a positive thing particular when most is selling but thanks for your response.""

Exactly my point Knowlesi, 1.3m volume is NOT a high volume, in fact as you know that is afar lower volume than in recent months, but we fall 8.40%!! And no "most of them were not sells, at all, I will run the numbers again tomorrow,, some took a great opportunity as I mentioned to buy,

As empty end just posted...................."".But I bought just before the close of Friday - one way or another this financing will get done more or less as planned.""....................couldn"t agree more.

GN

Ray,I hope too someone comes n for Burnley, Dyche has done so well, but I always said by Xmas Chelsea will get it together with so many great signings, and after watching the last few games I think they are genuine contenders.

BOL

Evening Ruck, Yes I am well, considering like all of us this lockdown is hard, particularly as I have been getting stronger in recent months, but the rest of the world doesn"t want to play like I do!!! and I got a letter yesterday from the hospital, just saying what they removed from my bowels is not cancer!!! So now we just have to start on the sugar uptake in the offending lung for the 5th time!!!

Yes I understand what you are saying, but I was lookng forward to the plans have from the AGM on the 9th, which won"t change signifcantly ATM IMHO.

I just feel that Vulpes have their own agenda in taking a bigger stake much cheaper than what Redmle have paid, and in these days to get such investment is a great validaton for our science and I do believe (kind of know) that a Big Pharma has alerted us to Redmiles attention.

Also the rest of the BOD really want this to go through, and I think that says a lot about wanting to step up to trials which lets face it is long overdue now and so important to us. I wasn"t aware until last nght about the e-mail from Lindy being posted on ADVFN, I have seen a copy of it, and regardless of whether it should have been posted or not (I just have no time for the rows) Lindy really wants the resolutions passed. As my trust in her is so vutal for my decisions to keep adding here, I will back her to the hilt and that means a YES vote as she desires.

I think too, after seeing the trades all week, and there was considerable buying Friday too, that many of us will have sizeable refunds on the OO application for excess shares. I bought 10k in the market last week at 14.37 in the event of the offer being oversubscribed "significantly"", allocated 6.5k shares and asked for 22k, so presuming I get another 10k that takes me back up to 225k, and in the event (or not) will be looking to add 40k in the market, preferably at 11/12p, which I can"t see happening, just on the basis that we have already dropped some 25% from a recent high. I just think in view of 18.50 being paid just days ago, I am only too happy to buy at a level I didn"t think we would see again TBH and I believe there are many who feel the same way....................

GN guys, have a great weekend and stay safe

Evening Guys, .............Ray...(0v3! Least you have a good view of the table)

Many good posts again, miavoce and hasiba well with you and yes I voted for on Thursday through H/L, just took a few minutes and glad I have.

Bermuda, I saw your post today about your wiew that the boardroom situation is not untenable. Respect all your views, but I think it is. The BOD really want this to go through, I just don"t see particularly if the resolution is blocked how Diggle can sit round a table with the rest of the board?? Perhaps you can comment on that further.

Regardless, I tried to do a quck day trade yesterday, by sellng 30k at 14.50, but the price moved to 14.04 within seconds, so I didn"t. Unrest in the boardroom would normally result in a slight fall the day after, but the positive is that Redmile and Vulpes ultimately want to get a great nvestment from their holdings, so in that they are alligned, except it would seem to be the case that Vulpes wanted to do a series of smaller dilutive raisings to build their holding much lower than 13p, which as a PI doesn"t allign with me.

I just wonder how two of our biggest shareholders can work in concert with such a dfferent stratagy and I do think in time Vulpes will lose their battle and by voting NO will bring their holdings up for offer to the highest bidder, which I am sure has been something that Redmile are working on and a third party will take on Vulpes holding in due course. That is of course IMHO, dependant on whose birdies one takes note of..

In the event of a NO vote being passed which from posts on here I don"t think it will, but will be mightily close though, how long must be allowed before Redmile can give cause for another EGM to pass the resolutions??? My understandng is 3 months, but not sure on that nor the circumstances needed to achieve their stratagy. I am surprised however, that other parties have voted NO, despite the BOD reiterating it is just a few voters, because simply with the platforms we have, notably SCIB1/2, MOD1, Covidity and Glycan/ mabs and a couple of years expenditure covered it is easy to see where the warchest could be utilised, and surely it is the case that the most important steps we take forward is gathering positive data?? which again IMHO could well lead to a NASDAQ listing in the next 2/3 years, realistically??

Knowlesi, sorry tohave not come back to you last night, but I was beyond tired and didn"t really want to debate the SP going down to 4p!! My reference to your post when I commented just a volume of 1.3m, with many buys took us down over 8%. You asked me what was the relevance of that, well I think enough said. Lets get this sorted, the elephant in the room was banished why let it come back in Vulpes??..........well I think we know the answer to that one.

Ha ha.............."". This is a real mess - hence big sell down today. All about the science - lol.""

Volume 1.3m!!!!!!

GN

Hasiba, perhaps make that three!!! Have a great weekend all

Spot on LL......................"".FalseDawn: I do not agree that the CEO should resign, and I believe that ALL the other Board Members were happy with the deal. So Should the whole board resign?"

And yes Vulpes position becomes untenable. I too am sitting tight waiting for the next move. Nice to be wanted isn"t it?"

14/14.50

4.20%

Buys 285k

Sells 280k

-5.04%

LL.........."".Perhaps it's time to lobby other institutions to get on board""

Getting closer

For 30k and 22k respectively, after a 30k and 20k sell at 14.10 and 14.04.

Not sure how they managed to sell those mind?

Well 14.22 paid for 11k, went down to 4 MMs on bid, now back to five.

Good questions False, not so sure this is a mess, perhaps a lot of jostling and Vulpes will cut a lonely figure IMHO.

Indeed it will be. I think regardless of the vote Vulpes will be in an untenable situation as to having a seat on the Board and general trust in the company. I think as a result of that there stake becomes more valuable for Redmile to remove them and I don"t believe Redmile walked into this blindly.

Buys 150k

Sells 207k

-5.04%

For 68k

One PI selling in 20k and 19k lots