We Took Pelham24 Oct 2019 00:30
Before falling into one of my 16 hour sleeps, it"s coming, just wanted to say further to our last conversation we are so mot a million miles apart. I have been thankful considering sentiment is slow, a falling SP and every probability of a deal recruiting patients for the SCIB 1 trial that the posts on here have not been as slathing as they were a short while ago.
Given those points I tend to argue on some points on the basis that we never know the true picture, until notified, which can often explain many ofthe pent up feeling we hold.
I would never ask anybody to change their views, but I do Often add, but we don"t know that for sure yet as we are not privy to so much information until notified. May be today falls into that catagory, on the face of it criticisms and frustrations should be vented,l but as we saw today 14.5 shares have been bought, to me someone knows something and the buying party take advantage of a market where there is no news and choose the price the MMs wills accept, as I believe the falls we have seen day by day have brought us down to a level where a buyer awaits.
Personally I hope Vulpes are behind those buys, I am sure they are better researched than most, and wish to increase their holding, would Scancell have issued new shares to take their stake towards 25% at this moment? Our cash position is around 7m and as Scancell have said we are funded to early 2021. Being the case why give up anothe8.34% of the company at a time when we don"t need to, holders suffer dilution, and for on the face it little advantage. Is it a sign that we know a commercial day is being finalised too. So buy putting up an alternative view I am far from not agreeing with you, just making a point we could expect the unexpected at any time, like today, even though the big dily falls on low volume have seen us hit 6p in a short time, to meet buying orders.
Where are those shares coming from, is the question i am sure many are asking, and how did we not have a blue day toay with the ask met with a 7.67m buy at 6p?
Tomorrow morning should be interesting, a tick up on the opening should occur, and I jus hope that is the prompt for many us to see a big PI demand which has been so lacking for weeks. Either way, we want the same thing, so the point is we are not a million miles apart at all, just we never know as a fact what we are frustrated about ,is not being solved as we think
Hope that helps, even given there may well be a delay in recruitment someone see fit to take 14.5m shares today, must be a very good reason IMHO..