RE: Newland in last chance saloon. Time to deliver5 Feb 2025 10:42
Additional:-
Fevertreeman.
"After 10 years of hype, misinformation, failed initiatives, work that went nowhere, repeated revenue misses, endless equity raises, & woeful arrogance, Newland is close to running out of road with serious investors. He now needs to deliver proper commercial results that match his endless puffery. After £100m and counting from s/holders, that he has turned into a pitiful £2.9m of revenues, he has no more lives left.".
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And with the tie up with Illumina, who's market cap is $21 Billion it looks as if he will. Plus, don't forget the Contracts with Eisai ($15 billion market cap) and Astrazeneca ($200 billion market cap). Illumina and Angle have worked together to enable the dual analysis of both CtDna and circulating tumour cells (CTC’S) from the same tube of blood. The first one is dual analysis for lung cancer. Obviously, similar assay panels are being worked on for other cancers. These are now jointly being promoted by Illumina (clients 9,500), and Angle (clients about 300).
This is why the sp has substantially increased this year.
I should add Angle's Parsortix machine is needed to catch the alive and intact CTC's before using the assay panels to test. The Parsortix research model is about $70,000, the medical use one about $80,000. The one time use filter cassettes about $300 each. This should generate substantial cash. The we have the prospect of the services side providing CTC analysis before, during and after cancer drug trials. Possibly 10's of millions more.
- It's a buy!
All IMHO.