Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
fuddstone, PMO have not been taken over. At this stage it is only a proposal which has to go through all kinds of approvals before it becomes so. Until then, don't expect the BOD to comment as no material event has occurred. I'm sure RKH are working hard to determine where we will stand if the proposal plays out.
Enjoyed the micro rise while it lasted. Always runs out of steam then endures a drip drip drip back down. Expect more of this over the coming months. What I can't work out is why so many of the trades are for such small amounts i.e. <£10 traded?
"if the new company even hints SL work is starting up again!"
Hmm, and there is the problem - the 'new company' won't even exist until minimum, 6 months time. Wonder who FIG will be awarding the licences to next year? Bet they will be wondering what extras will be in for them!
There seems to be a few comments questioning why we haven't had an RNS from the RKH BOD. My thought on this is why would we? The news is all in PMOs house. Yes it affects RKH, but not until the deal is signed, sealed and delivered. Until then it is speculation that will drive the share price. Would you rather have the BOD release an RNS saying all is now good and we're all going to be rich, only to have PMO change direction in a couple of months. RNS's are for material changes that affect the company, not speculation - unless it's unfounded. Be patient and hope the speculation comes to fruition.
Thanks for taking the time to contact ICSID pauldrayton and letting us know your thoughts. What you say sounds quite feasible to me. Would be an excellent end to what's been a pretty poor year for us all. Roll on Christmas.
I've thought about doing the same but am suffering from too may set backs with RKH. Wish you well with your strategy Much but this PMO deal doesn't appear to be going through (Subject to shareholder approval in the NY) until Q2 next year. Are you happy to commit further funds at this stage? Knowing the history of these companies I expect a few twists and turns before then!
Finally we get a reprieve from the continual daily chipping away of the share price. More than 20M shares traded in over 1k trades. Daily posts here over 100. Not been like this for a long time. SP holding up above 30% can't be bad. Shows there is still an apatite for this share. With the potential for more news in the coming weeks, could we finally be turning a corner? Lets hope the RKH BOD now step up to the mark and make sure we remain players in this long game.
GLA
Thanks for the reply Marunam2. I note that the expected merger date is expected to be Q2 21. Navitas has until Apr 21 to sign as I understand it. Would it now be a fair assumption that the planned Q4 signing (or not) will push out to 2021?
We have now entered Q4 which is when Navitas have been reported to hopefully come on board. With PMO suspending Sea Lion recently, I can see this as another date that will pass us by. Why would they throw themselves into a deal that is currently suspended?
Day by day, the share price is slowly being eroded. As the daily volume is very small I can only guess that this is due to people giving up. Any wiff of OM news will hopefully send the price soaring to at least double digits. Can't be too long now, surely?