Member Info for ChrisToffer

I spoke to Halifax about this earlier and they said to call them when I receive the corporate action on both accounts and they would allow me to purchase my full entitlement (including the ISA shares) through my share account.

Yes it could have been more but equally they weren't obliged to give us anything.

It's simple math Antofelli.

The allocation is decided as the ex date this morning. Any shareholder who held shares at the end of yesterdays trading will now have two weeks to take up the offer.

Depend who you trade with Rich but here should be an option on your platform for corporate actions and the offer will appear there at some point over the next week or so. You'll have until 30th October to decide and pay.

Oversubscribed to the yanks overnight. No surprise there ha!

Morning all, what an evening! I agree on the EUA. The more I've read about IND agreements I've realised that's its a natural lead in to it. They need an IND just to import SNG001 into the states.

Were going to see lots of newsflow over the next 3 or 4weeks. Tr1s, Trial approvals, emergency approvals, trials starting. Exciting!

Theyre not going it alone. They're just not signing up with a big pharma (yet?). Theyve outsourced the running of the phase 3 and signed agreements with several companies to ensure supply. Thats SNG positioning themselves as a prime.

If pharma want in now they're gonna have to pay a lot more. Same for government.

Agreed Welshfalcon, and the fact the placing is at 1.75 makes me thing it will easily be oversubscribed.

Possibility of a placing was always there. RM said so himself. The reality is that by going it alone the company take greater risk onto themselves but with greater risk comes greater reward!

I'm delighted because the long term prospects are much higher now than they were in my mind.

...and you'll have time to take up your share offering. That part of it won't happen tomorrow so no need to panic!

Yea right Dacorum. That's relative to feck all here you absolute wally!

That's correct Wafer. It means that with the c.200,000,000 shares issued, each Billion in Mcap is worth about £5 a share

Dacorum the Deramper. Thinks a therapeutic that works in the middle of a pandemic will sell for £10-20 a dose. What a wally!

Weedkiller i meant annual revenue.

Fantastic point dumbpunter. A phase 3 trial was always on the cards but is not necessarily a pre-requisite for EUA.

The FDA IND is needed to actually ship the drug into the US ahead of any licencing

A Billion + in revenue wouldn't be unreasonable for 100k treatments a month

Broker notes had price of treatment between 1k and 2k. 14 day treatment and £100 a dose is about the middle of that. Other interferon treatments are similar so Hard to see it being much less if any.

I wouldn't worry about that warleb. If they get approved and sell 100k treatments a month that'll give us a SP waaaaaaaayyyyyyyy higher than £2.34.

The book build is only expected to run tomorrow so they must have II's lined up.