Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
Bonz - yes I received the new shares at the 1:47 conversion rate (with a small amount of cash at a later date as 'small change' to make up the difference). There is no cash to shares transaction - just the new shares added to my account = no charge. Online accounts usually are much cheaper and faster than holding certificates (but a few people still do). You need to plan ahead - if you want to transfer to an online account one of the questions would be how much to transfer in from paper certificates. You also need to ask for a full account of their services (to avoid issues like courtier is having). I'm with IWeb (Halifax) - I think they offer excellent value (£5 per online trade on a range of markets). Also the FSA insure your online account to £85k (per individual). With paper certificates you don't have the risk of a broker going under but there are other risks such as theft & loss. My father was in a similar position and has recently transferred all his certificates to an online account, and is even following all his holdings on a wifi laptop - not bad for 81.
Never ending sells - are these from legacy 'pharma' parties? Now that RNVO is a financial company I would expect greater newsflow particularly on SME funding - where are they going with this? The original presentation doesn't seem to have been followed up with anything substantial.
Javier Marín Romano - CEO 'With respect to the U.K., the unit is performing very, very well. We are growing very comfortably especially in the area of SMEs where we wanted to grow. We are transforming a bank from a mortgage bank into a full-fledged bank with all the segments within it. Well, I am able to say with quite success. And with respect to the IPO, we won't do it in 2014. It’s an operation for the mid-term. We don’t have any commitment or any idea in terms of timing. When we feel that the unit has the appropriate value'.
Various comments on the results, Bloomberg one of the first: http://www.bloomberg.com/news/2014-01-30/santander-profit-doubles-on-lower-charges-for-bad-loans.html
From the Mail 'Confident Santander is set for London stock market floatation this year': http://www.dailymail.co.uk/money/markets/article-2545507/Confident-Santander-set-London-stock-market-floatation-year.html#ixzz2rQlIucq3