Member Info for lambo222

1.5p placing on the way imo, bod no skin in the game and continue to take ridiculous salary’s…. Disgraceful company and hoping one going to the aim graveyard soon enough

I dont want a placing at least not anytime soon!! I’m saying they have done one twice before last FDA decisions and if it does go badly they hve no cash and no ability to raise so they are stuck between a Rock and a hard place really, that’s why I’m saying I’d prefer them to take the risk and not place and just continue not taking a salary

I really do hope the bod don’t do a placing atm, the market is terrible for fundraising for pharma and biotech as seen by the FAB placing last week, no salary and tight financial controls are needed the last thing we need here is a placing after a good bit of positive news flow last few months with the price up 100% from 1.6p

No chance of getting the LP this year, if Velociraptor is a duster which is likely given tiny COS this will be sub 1p very quickly…

Wow FAB placing at 85% discount!! Thank the lord for Lanstead funding lol

They must have a plan for raising money or not taking a salary, even if they did a small raise now say £500k it wouldn’t be the end of the world, if they are working for free atm I would like to see this continue until the end of the year and then take shares instead of a salary

The worst is yet to come!! Still £30m Mcap, no money, Kobold have obviously sacked Disko off completely or definitively for this year, huge bod salary’s which are absolutely disgraceful, infact I hope they don’t get any funding so the bod don’t get paid, they should be taking their salary as shares with this shocking performance, I’d be stunned if they get a placing away higher than 1.5p

Oscar are you Jabob Rees Mogg lol? I always worry about a placing when people who sound clever start posting

Even I laughed at that post Oscar lol are you the broker doing the placing that’s my worry

Here we go lol, main risk is IMM have no cash I don’t see any other risks short term

In that case take the placing of it comes, obviously depends on the price

Your right Pokerchips the news was expected and that’s why it was such an easy trade, buy at 2.6 and sell to others much higher it’s not rocket science, given it was a PRE IND meeting it was impossible for them to reject anything so was a risk free trade

Your a little sheep, I loaded at 2.6p like many others and today is Xmas day, easy money

As I said before a Nolupus and other keep making smart comments while actual smart people make money…. They are called cowards, I’d love nothing more than to take their money shame they won’t take my bets

Nothing will be happening at Disko this year I think that is clear for all to see! You need to start planning in early March is you want to drill in somewhere like Greenland, I’d be amazed if they get a placing away above 1.5p! The market is shocking for funding atm and everyone knows they are desperate for funds, shocking management and still £30m mcap ridiculous really should be around £10m based on performance

Yes your right Pokerchips it was a Pre IND meeting but an important first step, obviously they have to then go back and submit the actual study protocol for approval which will likely take a couple of months after they have included the guidance from the FDA so hopefully by August a full protocol will be submitted to FDA for approval then hopefully approved later this year

Guess they didn’t want to put any more cash in, no idea tbh

10p easily on approval here, Avion we’re happy to pay 11p for £1.1m worth without approval!! And are happy to pay $25m to fund the trial and give IMM £70m…. Approval unlocks it all

Yeah will be intraday or tomorrow as if meeting was sat 3pm US time that’s 9pm UK time and obviously they then need to write the rns get nomad approval etc. should build towards 4p today now as interest builds

Will be intraday tomorrow or Thursday I assume, will definitely be an rns as they will be applying for orphan drug designation straight after the meeting if it’s positive, exciting at the prospect of having two phase 2/3 trials starting within months, both in multibillion dollar markets and one funded for $25m by our US partner Avion, who really have been very supportive throughout the last 3 years, don’t rule out a takeover by them at some point