chester25 Apr 2020 19:25
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RE: Scancell in today's UK Times Business sectionToday 11:48
We've spoken before about the amount of coiled up tension in all of Scancells platforms. This current drive towards a vast new platform in the control of human viruses could very well unleash the full technological worth of Scancells patents and approvals.
The poundland biotech may just be waking up. Key to it all is the funding.
Chester.
How very true. Can"t even explain how good I felt seeing us open up 30% and racing on to 10p in very quick time, 540 odd trades and a 17m volume, something I don"t think we have seen for a very long time, if ever.
For so many years I used to focus on how the market had undervalued us, that has not been the case the last couple of years at all, and I am finding it a very good friend these days. The MMs tried a few times to move the SP up in the last 2 weeks by raising the ask to 5.50 whilst still taking many shares around 4.90/5, I was waiting for a very big buy, but the MMs seemed to have known this news was coming during that time, carrying on taking shares, and there was up to Thursday last week some 1.3m more sells than buys and we were up 2/3%. Seeing the RNS on Friday I think we can safely say that was why.
Still think we will see even more press tomorrow and the weeks ahead, and that is why I highlight chesters post, it has certainly raised our hopes here during a weird time, where the odds of good news were very small indeed.
And so to Monday, well I can get used to seeing the share 94% up every day, but just feel we are ready to break 10p next week. I took a bit of profit on my last £1500 trade, 22983 shares at 6.40 odd, taking £500 at 8.70, thats the fourth such trade this year, and still I have my core of 220k. One thing a few on here have taught me is to decide on your selling trade and stick to it regardless of whether you think it is going higher, and I kept to that stratagy to the £.
Well done to all of those who have been topping up in recent months, whether you have sold, top sliced or hanging on in. A particular welcome to all those who have joined us too. I highlight chesters post as I too think this will revitalise us on the three platforms, our quest for funding, all underlying the scientific genius of Lindy Durrant and I too feel that dependent on which way this ill wind goes with COVID 19 America through the FDA will be allowing cancer trials to restart well before end of 2020.
So enjoy your weekend as much as I am, boy have we waited a long time for such a potential scenario as we have now, and I think we just might be hearing a few regular updates on this in the weeks ahead. We are not just talking about COVID 19 here, but so much more. ATVB GN