RE: This SP is F***ing ridiculous28 Sep 2018 17:19
hardly silly, The point of any placement is to fund the future growth of the scancell IP which is exactly what they are doing. The sad part is the inability of existing shareholders to wait for that resultant news flow. Scancell raised the money with a clear path of how its going to be spent. Nothing has changed, except we have more going on this year compared with last years run to the AGM, Rhatton after waiting 5 years sells just before we go into the moditope era of trials, unless of course he is trading the share. The SP is what it is .. and Scancell are in the position with £10m in the bank to ride any silly market behaviour, knowing that SCIB1 starts very soon, the collaboration with BioNtech could be the first commercial exposure of moditope to the market, CRUK possibly engaging a 75 patient trial, modi1 hits the clinic, with Modi2 near to been ready for manufacture. Leaving our scientists with a clear run to develop Modi3 in conjunction with CRUK ... not many small bio with that pedigree, so good luck if you do sell scancell, finding a share with that level of potential .. supported by so many third party Scientists