RE: BREAKOUT is on12 Sep 2024 14:42
Doubt its anyone with inside knowledge, Stu appears to have had some connection to either brokers or others in that community and in the past if there was even a sniff was first to short and start rumours on here even when it was only at the feelers stage. Now? He has repeatedly gone on record that he expects some sort of non dilutive funding attached to CDX or CBR, time will tell! In terms of this particular short? IG report the position a day behind, so 2% yesterday means someone went short late monday/Tuesday IE after RNS drop which is what always happens. Wait for RNS, wait for SP to go up, wait for volumes to die down and LSE to go quiet, then sell or short and NORMALLY you have 2 weeks of silence / No updates.
This time? Stupid mistake, Both the CDX and CAR-T updates are transformative and unlocking updates. CAR-T indicates trials now with MD Anderson to screen for patients, its on their timetable so update could come at any point (After 10 days). CDX? That RNS PROBABLY unlocks some sort of JV or agreement conversations with this third party, FWIW I think Stu is correct and thats where funding will come. Also significant that 2 mondays in a row both 7am updates.... Things always come in 3, I have a strong feeling there is another update coming on monday 7am, my OCD demands it.