Nero and the ongoing hoopla12 Feb 2024 10:21
The fact that Newland has been reduced to p[resenting to HNW individuals & penny punters in the US says it all. The fact is that we're in a situation that thanks to him pretty much all serious institutional support has evaporated, as the likes of Baillie Gifford have seen through the bluster, and more to the point supported the raise at 80p only to see that Newland has misled them. So Newland has taken his 3 ring circus to the US in the hope that they will be more supportive, ie gullible and pony up cash.
Mean time as s/o on ADFN noted, Newland has stopped talking about the flagship Ovarian and Prostatr programmes, that he promised us in calendar 2023, and is now back with his moonshot fabulations, in what is clearly a 'ramp' ahead of another bloody raise. The level of fantasy& dissembling has to be seen to be believed -has anyone told Nero that the Micawberism is not a sound basis on which to run a company let alone a listed one.
Remember too that Newland has already burnt through £100s of millions. Griffiths the Finance Director is equally unimpressive and another past master at talking with fork'd tongue. Newland is trying yet again to ramp the share price in order to raise some more cash, but without a strong narrative this time around he will need to have some serious commercial contracts to get support even from the Yanks. The ludicurous rocket to 30p on the breakthrough cancer rubbish based on a primary school class size study, is what we've come to expect from Newland. How the staff in Guildford put up with his behaviour, God only knows