Member Info for kc911

So your man Mark Harper followed you in Mary on Monday :)

You might want to check here before posting..

https://www.rank.com/investors/news-events-alerts/financial-calendar/

17 Oct 2024 AGM

17 Oct 2024 Q1 Trading Statement

The need to raise comes from the fact that they have breached the SWK covenants

Riz29 are you serious?

if you are asking that question then it is clear you have been here less than 2 days.. go look at the latest RNS 30/4

JAllis has nailed it - those newbies have no idea about the covenants smh - they are absolutely in breach and will either need to reneg, swap out, or raise new funds to make up the shortfall.

You have been warned - massive elephant in the room. 40 days and clock has already started ticking. This should have been mentioned in the results but they could still be talking/arranging /settling this in the backround which is why they said financial results would come 10th May

I think whoever is left holding here (myself included) is hoping for some game changing news which is going to dig us out of the huge chasm they’ve thrown us in.

What that might be is anyone’s guess.. takeover, inward investment, new partners, new territories. They certainly are not going to get the market to back any equity raise that’s for sure after this latest screw up by Greg.. with Trust totally shot to pieces hard to see where the company goes from here.

As for the funds on the register, wouldn’t be surprised if they’ve all bailed too.

Amazing to think Shield have this priceless iron deficiency cure and have totally effed it up. Expectation for survival (never mind success) have never been lower.

Facts:

1. AOP do not have a loan outstanding.. they were paid up in the last fundraise and converted their debt into equity on the loan from 2022

2. They have c.45% of the company

3. They here supported all fundraises without seeing a single share on the way

4. The IP is held by the new debt provider

But don't let facts get in the way.. jeez

AOP have been screwed over like the rest of us make no mistake.. what they do next will determine what happens to the anyone still left holding on

Have some Shame PRO_TRADER

This is an utterly disgraceful update today

Peel Hunt raised its rating to 'add' from 'hold.'

Came across this useful whatsapp group that appears to update on all things Shield:

‎Follow the Shield Therapeutics Plc (STX) channel on WhatsApp: https://whatsapp.com/channel/0029VaDFRQp1HspsEQAApC13

no idea who has set it up but it appears the owner updates regularly

Someone intent on dumping.. smells of a fund wanting out regardless of any good news or prospects..

Hi Frankie, yes thank you for that - Shandy's post read like revenue split Viatris 55- Shield 45

Cheers

Shandy, shield receive 55% not 45%.. fair few other typos in there too so you may want to proof read before posting next time to avoid confusing those who haven't much of a clue anyhow

"Not sure where this 2023 "target" of 125k-160k is from, are you?"

Hi Jim, it was in the offer document for the 6p placing Dec 2022

Shandy, i didn't think you had it in you to see the positives.. haha that's a very good summation and one that i am also expecting give or take.. as the sales guys get fully up to speed in 2024 i am "hoping" there may be a few "blowout" months where sales growth take an above average pop to get us motoring.. 10% MoM growth seems very achievable given they are currently running at c.25% MoM

AOP supporting yet again i see (albeit probably protecting their position in the process)

i know we're all ****3d with the situation but collectively we can make ripples and get this looked at regardless of whether anything comes of it.

so as well as the fca we should make the effort to advise the lse - they work in conjunction with the market abuse team at fca and they have stated they want to hear from market participants who believe there has been malpractice/foul play:

takes a few minutes to email but we shoyuld all do it:

marketsupervisionenquiries@lseg.com

cavendish and peel hunt would have made their clients insiders to this deal. and it has been some of those insiders who have illegaly traded on this price sensitive news either themselves or shared the info to others who have acted on it.

it was so blatant we could all see that yesterday - so it is up to us pi's to make the formal complaints and request the investigation from the authorities.

they must be held to account and only a concerted effort will this ever remotely be possible.

send this email - don't delay all of us must do it to stand any chance of it being looked at!

Wow cash burn, cash raise, blah blah blah give them a bloody chance to get some traction in sales FGS..

Yes It's about the joint execution and the numbers, absolutely no hiding from that fact.

BUT If we cast our very short memories back to a little over a month ago and you may recall a certain GM confirmed in the July business update that 23 sales target was on track... granted it's a pretty wide target between 125k - 160k BUT he's putting his reputation on the line here (even on achieving 125k) so let's wait and see how a full sales team are 'bedding' in before wetting said bed

Jeez

Holy Cow!! Not at today's news but at the questions being asked on this board.. beggars belief.

Do yourselves a favour and put your money in a high Street Bank.

unbelievable jeff

sorry 38% of 10,500 = 4K Prescription for March alone

they did 10,500 in Q1 - March was 34% of that i.e. 4k prescriptions with only 30 sales people and just fully trained.. so with 100 all fully trained on 1 May...