RE: Cliff Holloway17 May 2018 10:16
Context:
John Glencross
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@GlencrossJohn
Apr 18
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Replying to @scancellpharma
If it was oversubscribed, why was it necessary to have such a big discount?
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John Glencross‏ @GlencrossJohn Apr 18
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Replying to @GlencrossJohn @scancellpharma
I understand that after a week of strong road showing and a very good story, they were disappointed when the adviser told them where early pricing indications were. I feel it�s coming good - even very good - but it�s the capital markets side that has lagged.
Bryan Walker
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@bryanwalker88
Apr 18
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Especially on the same days as announcing the acquisition of a potential 3rd platform, which any other day would have driven a rise in the SP
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Millionsbytheminute
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@millionsbythe
Apr 18
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Replying to @scancellpharma
What happened to the states side push for finance? Or is that what you are referring to John? Frustrating to say the least but at least bits of the trial are funded now. One wonders if scancell will ever escape the ever present issue of funding at least at depressed valuations!
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John Glencross
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@GlencrossJohn
Apr 18
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The US is a 2-3 year plan which is underway. They need to be known to US funders and they then need some more milestones and to have a larger cap. At the end of the day, data and progress on the drug candidates will determine things.