Member Info for Ivyspivey

Can’t tell Bunsie as have him filtered but what a fantastic afternoon.

Absolutely lovely breakout.

https://www.courtlistener.com/docket/15958497/idb/outrider-master-fund-lp-v-nicandros/

I know this is from a month ago but any clues

See a new FFS Twitter position has just started posting views on FRR badly treating its SH.
Forgotten Frontera Shareholders.

An interesting discussion Ruck as to what actually causes this TOD.
Is it the virus.
Is it the immune system reacting to the virus in some negative way.
Also many of these organs can readily repair themselves over time as the human body is so complex and has many protective mechanisms.

Hi Ruck,
Another one posted by SloppyG on another board highlights Neurological effects of Covid 19

https://www.thelancet.com/journals/eclinm/article/PIIS2589-5370(20)30228-5/fulltext

The effects on Target Organ Damage are highlighted but appreciate any input into what may act as a pte cursor to these conditions.

In most studies of this type you can find the kernel of it in results,conclusion or findings section.

This is key summary bit imo.Look at Results 4.1 bit if you want more detail on the neurological findings.

During SARS-CoV-2 infection, 41/60 (68.33%) patients had neurological symptoms and over 50% recovered patients still had symptoms 3 months.

The point is that Covid 19 continues to cause Target Organ Damage long after the infection has gone.This looks at the neurological or brain effects but it also effects other organs like heart,liver and kidneys.

Another very good start

If wanting a Covid 19 Vax to be successful and save lots of lives then yes I am guilty.
Wishing the trial to be a failure in the hope it will benefit SCLP when any such action would have the complete opposite effect is not something I would endorse.

These guys did not throw a dart.
They have a fantastic track record of picking winners if you took the time and trouble to acknowledge that there are many more factors that influence the SP than the science.
ATB

Sorry Bunsie,
Inanaco I am not in so not bothered about promoting it and like you I have major questions about the science but it proves a point regularly made on AIM that an SP can rise exponentially based on sentiment and little knowledge.
I am not talking about a P and D here as the rise there has been going on for ages and the folk I know in there are straight guys but they dint know the science.
My point is if you want to make money like these guys do it is not always about knowing the science

Evening C7,
Know a few of the guys in Val and none of these are pharma or science guys but they are great stock pickers.
They are in it purely to make money and you can see how good they are at it.

As you say Ray most odd as only a bit of irrelevant banter whilst the SP took a break.
Never thought about taking a screenshot of the thread to see who may have felt threatened by any earlier comments.

https://www.investegate.co.uk/yourgene-health-plc--ygen-/rns/us-distribution-agreement-for-dpyd--other-products/202009210700075071Z/

RR They will all have different expectations and not about what they want it us about what they accept.
So a PI can make an individual decision based purely on their own thoughts whereas a fund or institution will likely have to take on a wider number of influences such as need to lay a dividend,to satisfy SH/ backers of the fund or maybe just a big cash call on another part of fund/ new fund manager/ different strategic direction of fund etc.
Bit like when a writer gives up screenplay rights to a book yes you get lots of money but there is a price to pay.
Likes if Redmile/Vulpes have their own agenda and should in theory be in total alignment with SCLP but it is naive to think they are going to agree on everything moving forward.

RR,
I was talking about an investor taking a new position of say 20% by buying shares in open market the shares would go up but if that happened the degree of control of any concert party would be diluted.
So for eg if that controlling 51% was made up of Redmile/Vulpes/Calculus/BoD then that concert party would retain any controlling interest say if someone with support of the new investor made an offer of 50p and that was rejected by the controlling interest.
However if that offer was increase to say £1 and one of the concert party say Calculus or Vulpes joined forces with the new investor then the controlling interest could be lessened or diluted.
I know we have struggled with the D word in the past lol and I am talking about control or % age in winning any vote.
It does not necessarily mean that the controlling interest is given up but might be a threat if one party owns 20% and can determine outcomes more than if 20 individuals own 1%each

Crumbs.They don't have to have one but as experienced investors and with a track record of investing and exiting positions I presume they have a defined strategy.
To exit these large positions to maximise the value you need a clear strategy which does not ideally involve drip feeding shares into the market.
They only have limited options like a outright sale,a listing or selling their position to another investor.
They would normally discuss that with the BoD formally or informally and I am sure that the BoD are probably aligned.
The idea of the BoD having big skin in the game is not only a financial commitment it is about keeping control of SCLP.
This is usually of minor concern to PIs as they are never going to be in a position to have any control over the Company so why worry about it.
The simple fact is if someone offered say £1 a share and the threshold for Approval was passed then no matter how much individual PIs might say I want more they would have to sell their shares for the highest price available during previous 12 months.
I do believe it is a moot point a feel as most PIs would be happy to accept it.
Happened to me in RRE earlier in the years and in others sold at 85% premium and it was like it or lump it

The rising SP has no effect on “Dilute control” whatsoever.
It is a simple cause and consequence ifsomeone buys 10 or 20% of SCLP the SP will go up as there will have been a big increase in demand for shares.
However someone will then own 10-20% which means they will have a proportionate influence on any major decisions moving forward and hence a “ dilution of control” so if conflicting parties need their support to approve/ reject any resolution then that puts them in a good position to determine the outcome.
Really seems pretty obvious to me

Inanaco honestly I am not questioning you or Burbles scientific contribution I am simply bowing to his greater knowledge in the very specific area of research papers in which I am sure he have been named and knows a lot more than me.
I use research papers on an ongoing basis and know many contributors but my direct involvement was too many years ago and in a completely different subject area.
What I dont know is if 10 people are listed in a research paper on oncology who does all the actual work and how are the findings accredited.
As Burble works in this field and has likely been accorded in these type if papers I would like his specific input in this area.
I welcome your input as well if you have particular knowledge but it is not about valuing contributions at different levels.
ATB

Inanaco would love to know what their exit strategy is bit sure they will have one but because of the size of their position it will be likely different to PIs.
The stock market allows any individual to sell their shares at any time at prevailing SP.
For likes of Redmile/Vulpes unless they become distressed which is unlikely we know like CF selling on the open market is not a preferred option so their exit plan will likely be a complete sale of business again unlikely imo unless they sell off non core assets first or say a Nasdaq IPO or selling their stake to another fund.
Really interesting discussing possibilities