Morning Guys21 Jun 2018 06:30
Thank you Ray for joining in the conversation yesterday. It has been a long time since i visited the Scancell website, and not only then do so many things make more sense, including the Grand Challenge, but it has refocused me enormously. As far as Grand Challenge goes i don"t remember ever having read that pdf. So much information that ive been craving for, on my own doorstep. I know my memory has been compromised but not sure how that happened. if it did, i do remember suggesting that all parties must have been working together for some time, feel the same now and am really looking forward to their findings.
So we have drifted down from 15.50 on the ask to yesterdays 13.60/64 being paid., just three buys, in a very low volume day. Even if we do drift on the ask to 13.50 hoping that becomes our new low, and if i had the funds would have topped up late yesterday FWIW.
With SCIB 1 & 2 financially ring fenced for trials, MOD 1 & 2 in late development and MOD3 the subject of Grand Challenge, not even to mention the new platform received from Nottingham University, we trade on with a M/Cap of £51.62m. IMO that is about what i reckoned around June 13th, and would be good to see some support today.
Still none the wiser about H1 news update, sure i read it here. Very possibly not, my memory is not so goo these days.
I couldn"t help thinking again last night, that from inside that team lies future commercial activity for us. We know ouit is imperative for our treatments to work wonders in humans, Scancells and LDs involvement in this Grand Challenge could well elevate us to levels where bidding will take on a new life. The exposure to others in the Oncology Arena is awesome, relationships will be fermented and that list of team members seems to get more impressive each time i look.
Potential, potential and more potential is what i see, happy to hold through this and IMHO the 20s beckon. A dry dock for many of us.