Member Info for GordonGecko123

Yes totally agree that's the hope here but having witnessed some really big mistakes ,missed targets and delays over many years I'm not getting carried away that they will deliver suddenly just weeks away from when they will need to raise again . Times fast running out imo

Totally agree the problem seems to be with every partner more validation and testing is needed before they put it into their workflow and access their clients . This is slow and drags it out to the point angle keep needing to raise cash . Even though they got Fda approval and it works every new use for parsortix needs data and validation . We have seen this with AZ and esai and doesn't always lead to the bigger contracts .

Not long now before results are due and the cash will be far below what's needed for another 12 months ,no sign of a big deal coming either so looks like a sub 10 p raise possibly as low as 5p if they can't get some news out in the next week or two .

Personally I think it's already getting to late as they will have to recap the shares to raise money and this takes around 4 weeks to put in process. Then to organise the raise etc . It's close so still a little time to pull something out the bag but going off past experience it's more likely the raise will happen below today's SP

Ant it's a sensible post and point . I have seen so many companies go to the wall due to lack of funds and thinking they would get to profits before the cash runs out then failing to do so. For me small raises along the way while the SP is near recent highs and only requiring a small discount are more than acceptable and underpin the SP along the way .

Failure to do this results in a fund raise like the one we saw here at a huge discount due to the amount raised etc .

It also provides a longer runway and security in case things don't go to plan .

I'd rather be sensible than overly optimistic and mitigate risk ,not sure what your problem is with that .

I'm not saying they need to raise yet we know what the runway is but for me if the SP reaches 1p this year I would like to see them raise a million or so at 0.8p to extend the buffer .

What I will say is I hope AT players this cleverly . I expect with a few more deals an SP over double where we are now and if the SP is happy for them to raise funds at a small discount say 15% to raise 0.5-1m just so they have some leeway . Seems too many companies fail to raise when the SP is up and end up in a dire situation . Even here that's happened so raise when you can even if small amounts to extend the runway . In the long run this will be vital unless they can get upfront money .

Happy to watch and remain patient and it seems arron has a good grasp on things for now .

Great news for a company with a mkt cap of 5m let's see how long it takes people to realise what's happening here . Onwards and upwards

Tgtd they can continue on a going concern basis without having to raise but would have to be extremely confident of signing a major deal to take that risk . If they decide to do that and have a going concern on their accounts then they can avoid a raise but if the deal doesn't come they will get slaughtered on the next placing for sure .

To be in such a poor position speaks volumes to the way this company has been ran . It's not all over but it's getting closer if they can't announce some groundbreaking news soon .

I tend to agree without a major deal before the results are due the SP will get hammered and a placing is highly likely . Once again it's upto AN to either deliver something meaningful or as has been the case more often than not fail to deliver and the shareholders suffer .

For now I'm holding on especially while the aacr is ongoing and further news is due but time is fast running out for them to announce a deal .

The good news here is there is no reason for the fall other than an ii selling some and causing fall due to lack of buyers . This will go up multiples on excellent news as it has such a small market cap . Circa 5m ATM which is ridiculous . I'm hoping I can add more before news arrives as the drop will be a short memory as the news starts to fall here

SP is sorted ? They have 1.5m which at 450k a month will last how long exactly ? This was to keep the lights on it's not a 5-6m fund raise which is what they need . This was some because to raise that amount the SP would have crashed to 1p at least for that amount .

Now they are either working on a bigger placing in the coming months or praying some news comes to lift the SP so they can raise at a better price . Nobody knows which it is for sure but it's a gamble . For me I won't be buying as I think another fund raise is likely and better options elsewhere .

Only possible saving drace is the Fda but that I think is going to take longer hence I won't be buying

Utter nonsense . The SP is 1.55p now so it's no benefit to existing shareholders they can get them at 1.5p in a placing . So don't expect much take-up there at all .

The SP rose last time on the study results which were announced soon after and the SP rose leading upto it then sold off on the news .

Your clueless always have been EC

Tried to warn people this was coming . The worst isn't over yet as that will only keep the lights on a few months and shows how difficult it is to raise . If they wanted more it would have been 1p so opted for a far lower amount to keep the lights on for now . Sooner or later they need to raise 5-6m at least and that will take this down to 1p imo

Some perspective here today's news wasn't great otherwise the sp wouldnt be falling . It is hence not great .

The AZ news I thought was promising but without any pound signs attached yet it will go unnoticed . Wether they come remains to be seen but it's more delays and nothing tangible yet for quite some time .

A good point was raised theat the cancellation of the trial.could simply be because the drug in question failed to meet their expectations which using parsortix has highlighted and it would have gone up against a blockbuster drug already in the market ..

Time will tell but they have about 10 weeks before results are due and likely a fund raise so either some good news comes before then or the placing will likely be in single figures .

Place your bets

Optimistic on several fronts to say the least . Several deals are past due considering AN said the paperwork was mostly in place from the initial trial signing . It's almost 6 months since that trial ended in October and nothing . Similar others have completed but nothing yet either .

Consider this , if there is no follow on contract coming there won't be an announcement telling us that as they don't need too notify us that nothing is coming . The same happened with the over 20 companies they were once in talks with that quickly reduced with angle blaming the economy .

They don't need to mention then as at last years results they raised 9m.sontheyvdidnt have a going concern on the accounts . They will need to raise a similar amount this year before the results in June to avoid a going concern qualification on their accounts .

The question is can they release some big news before then so make a raise more palatable and at a higher price . Failure to do so may well result In a raise at 7-8p as tg2d suggests .

The real issue is progress and increasing revenues though and they need to show this is happening . The silence could be due to simply nothing to announce or they could be in talks and therefore confidential . Nobody knows despite what they say and so we await news .

All promising but like so many it has to lead to something bigger or it's worthless . Judging by the no news on AZ or esai the longer there is no news the more it looks like things have stalled there too .

If things were progressing well and the business doing well the SP would not be falling off a cliff like it is . Someone has been selling this for a few weeks now . Werther it's just an II rearranging their portfolio or something more sinister remains to be seen .

One thing i do know is that angle don't have to announce that talks have failed and why the longer there is no news the more likely that things aren't quite going to plan for the umpteen time .

They will raise near end of may so unless something substantial arrives soon the placing will be really bad news

It's excellent news years of increasing and recurring revenues and expands the system ..this is with a top pharma company and worldwide . Important words that some seem to have missed .

Yes I agree too. The nominal value is an issue unless the SP rises from here and AN will know that . It would also require an egm to do I'm pretty sure so that would signal what was to come shortly after it too . Another raise .

The problem simply is good news needs to come soon to avoid that happening .

The illumia news was very positive but is further down the line and to get their they need more cash again .

Wether it goes sub 10p in the grand scheme of things is irrelevant as it will either start to become the business we expect or it will continue to trundle along making little commercial progress .

Personally I don't see it falling to that level again but it depends if the seller has almost cleared or has already .

My biggest issue is that the deals like AZ and esai won't get rns'd if they aren't happening and so AGl can just continue to say nothing while in reality the deals aren't coming . This has happened before when they said they were in talks with 20-30 companies but nothing materialised .

Illumia seem more than Interested at least and maybe that will spark others into getting a move on and making progress .

All we can do is sit and wait to find out wether it's a wise decision to invest or would have been better avoiding . Nobody knows for certain until news comes

Whatever side of the fence you sit of the argument the SP doesn't lie . For those that have been invested for years the current SP is likely to mean big losses as it sits near all time lows . The ones getting in at these levels it's still a gamble if AN can actually deliver something tangible and grow revenues ,something proving very slow and quite elusive this far .

The rampers can't claim victory here ,as much and they try ,the constant need for fund raises and badly judged direction of the company have taken their toll .

Crunch time is fast approaching as they will need to raise come end of may or face a going concern on the accounts .

The nominal value of the shares is also an issue.

Wether news will come that can change the current position remains to be seen but both AZ and Esai deals are well past due now worryingly .

Looking at the chart it could be a good time to buy as it's retraced from the recent peak . Definitely not for the faint hearted this one .

Nobody can say with any certainty what going to happen regarding news but one thing is certain they will need money soon .the spending money for fun in the last few years and not cutting costs by anywhere near enough may come back to bite them .. Delusions of grandeur from AN perhaps ?

He has make some big mistakes over the years and now struggling to get revenue growth . A rabbit out of the hat is needed and what worries me is I think the illumia news may have been what AN thought would be just that .

The gamble is cancelled they announce something significant before mid may imo

For me the MMS are filling an order and trying to do it as low as possible . This leads to big trades going through yet the SP being held or falling back . If retail investors start buying they move it quick to discourage buying . Seen this tactic many times over the years .

I'm going for expecting little in the interims ,they are pretty much known already . It's whether anything else accompanies then .

This is one that could be a lot higher later this year if they can full 60% of the FFS work they have and work towards a bigger deal with any of the big ones they are working with .

Quite a lot of desperate people here trying to talk this up and have done for months . If it is such a good investment why does the SP continue to fall and is sat near all time lows .

Who knows more the city or a few plebs on a bulletin board who are so far under water here they are desperately ramping the share across multiple boards .

Wether they succeed or not remains to be seen but the signs of not good and the delays never a good sign as it shows a very amateurish approach to circumstances that should have been seems ahead of time . Back sub 5p imo and a very big gamblers share this one . Not for the faint hearted