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Spoke to RM last week and he said that he likes a mature malt and that he wanted the 'Synairgin' to distill a bit longer in the barrels. Said that he hopes to get it bottled and packaged in a special Christmas box in time for an extra special Christmas!
It means Pfizer and the likes of Sanofi, Gilead know all about Ifn1 and its benefits. They will all want a slice of of our cherry when its placed on top of our P3 celebration cake.
Maybe RM needs to come clean that AZ are paying for his haircuts and GSK have offered him a lifetimes supply of cashmere jumpers?!
MCap is probably about right based on the fact we haven’t sold a unit yet or had a pre-order. The drug is unlicensed and still in development stage so some would say £300m is pretty high for a one drug company. P3 active not yet confirmed either.
It will come and I expect us to be a circa 2-3b MCap company by say end of next year but now is a great opportunity to buy more if you haven’t already filled your boots!
So raise money via placing on something that won't materialise and then fund their long term projects? Thee will be a lot of ****ed off people if that is the case, although was my suspicion at the time as they clearly didn't have enough funds to complete their cancer development. For what its worth i believe AVCT is too cheap now and for the first time since early last year I have bought back in on a short/mid term trade. My goal is 150p by end of sept.
“The options that have been exercised were due to expire in September 2021. Certain of the new ordinary shares have been sold, at a price of 140p, to meet the tax and subscription costs associated with the exercise, with the remaining shares being retained by the directors.”
Nothing to worry about here.
Aren’t we all invested for the same reason?!
I don’t need an institution to convince me what we have here but it’s certainly better than a reduction in holdings RNS. In this quiet news void it’s a great reminder that others are also seeing what we see.
I woke up to the infamous RNS and said to my wife "we've done it!"
That was one long hour waiting till 8am open. Heart rate off the scale. Kids locked away. Do not disturb on the 'home' office door. I was 20% down on opening buying at various intervals and averaging around 45p. It hit around 80p straight away and i thought that was good. Multiple auctions later it just flew from 80p - 200p+ Just kept going, I've never seen momentum on a share like it. Multiple screen shots of my account to my brother (who eventually caved in and bought at 150p!). His reply was "you've just paid for your children's school fees for life in a day!" Cashed out about 20% (my stake) at 215p. Turned £100k (£80k at opening) to circa £400k. Next day i took an hour off watching the share price and visited my local Aston Martin dealer. Didn't buy one at the time but it felt great that i could buy any of their cars with cash to spare!
A few sensible conversations later we prioritised moving house and building our dream home. I'm sure it would have come but it certainly came quicker with the help of magic monday.
I'm still convinced this will come good and we will see somewhere between £5-10 before a buyout or major partner takes control. Timeframes have obviously slipped but I'm in no rush and by the looks of it Covid doesn't seem to be going away anytime soon!
GLA