RE: Volume 169k30 Aug 2019 21:15
And just one MM movement all week, that being on Tuesday when SCAP went fromn7p to 6.80.
6.8125 was the lowest price MMs took for 300k, 7.33 for Retail PIS and 7.10 for our buyer from 7p. AFTER THE 100K buy level 2 remain unchanged, mmS Still taking around 500k and all looks on course for the same on Monday, a sideshow indeed. Grateful we have doubled, fibonicci retrace 50% on profit taking and whilst we are 7p just grateful to see somebody increasing their holding and I make that about 10/12m over 4 months. bought between 7 and 9p
No point including you Knowlesi in such a conversation, after all these buys are a figment of team ramps imagination, but Torquay can you not see what is happening, for a company deserving derisory questions as if they were idiots by people who do not know the half, and for all their love of the science ££the science will see us through"", lol, are perhaps missing all the sciences we are working on. Does it make you feel better to have no faith in the BOD, the same BOD who have taken us here and received many validations, and is it just possible they know how far they need to go to get maximum shareholder rewads? The Glycansand Mabs alone could fund us through Immunabody amd Moditope through many human trials whilst the company continues to grow, and for anybody concerned about the next raising of funds, does it not reassure you that Vulpes know exactly what is needed and when subject to no commercial deals pending data.?
I know for me all these things make me feel confident in my investment, to have Vulpes financial expertise on board is a game changer IMHO, and work of Lind and her team fill me with excitement, and we are still valued at just 34m to allow a seller out and a buyer in. Many reasons for selling, just the one for buying, so that is why i say we have a buyer rather than a seller. I do thimk largely the expectations and timelines have been more than what was possible at the time, but we seem to be arriving at a time when three major trials could be running together next year, adding the king, the data, with the Glycans And Mabs serious platforms in their own right. Lets get behing this BOD, show our appreciation for their efforts and not humiliate them with derisory comments. You gain respect by giving it, I give it to them a lot.
So at the end of a challenging week with emotions running too high, at times, and the small details of what angered us we will communicate. No 7p is not where we want to be, but it is double where we were, and as long as we have a serious buyer building i can deal with it for now. One day the sellers will want a heck of a lot more than 7p and the buyers will pay more as a result, and i dont think those days are that far off at all. Have a good un all.