RE: Next Data RNS - When ?11 Jun 2023 11:34
Hi crumbs
Lindy will want to have all her ducks in a row, I suggest that in this past 2 months quite a few ducks have been lined up very nicely. Are you saying that there may be many more clinical data points that have to be achieved before a possible update ?
That could be many weeks or possibly a few months away. I am hoping that Scancell stick to their promise of 'Regular Updates' or positive sentiment for the stock could continue to ebb away.
I'm not to concerned about the day to day movement of the SP but a continued downward direction is unnerving as we all assumed positive trial progression would mean we would see a positive market response, and we are seeing 'Positive Trial Progression'.
Vulpes said that the SP was 'Derisory' at 16p what must be their reaction to 14.5p. Vulpes have invested over £4m, the vast majority at 5p but also a chunk at 14p so you may say 14.5p is not a bad return on their full investment but that money is locked up and I'm sure they would feel much happier with the stock back in the mid 20's, especially when you factor in the current trial advances.
Ultimately LD and Co will decide what and when is shared but it has been nearly 7 months since the very positive AGM, where we left believing that very exciting things were happening. ModiFY was moving forward with early indications that it was working really well in the first patients. SCIB1 ( SCOPE ) trial was opening more centres and the advancement to iSCIB+ was not to far away. Deals would happen in 2023 for GlyMabs and AvidiMab.
The point of all this is to say that virtually 7 months have elapsed and the above list of outcomes has only seen only one entry, the ModiFY update on the 21st February. As investors we would presume that there have been some items of progress across all of our products, that can now be shared. It would be awful if nothing has happened regarding potential deals and / or clinical advancements that are news worthy.
I hope that the within the next two weeks we are given some official notice that the cogs are not just grinding our investment into dust.
( AB124 please do not post another lecture on the virtue of pacifism when investing ).
Chester.