Member Info for Laura2022

Like Neil777 latest re incarnation Santa2024 has gone

Good riddance

But no doubt back soon

Bbc article 10th Jan , 6 part series on A.I..the bit pertinent to PYC etc

Using AI to do drug discovery could make an "enormous difference" for patients, says Chris Meier, of the Boston Consulting Group (BCG).

Bringing a new drug to market takes on average 10 to 15 years, and costs more than $2bn (£1.6bn).

It's also risky: about 90% of drugs, external that go into clinical trials fail. The hope is that using AI for the drug discovery part of that process could cut the time and cost, and result in more success.

A new era, where AI is at the centre of the drug discovery process is emerging, says Charlotte Deane, a professor of structural bioinformatics at Oxford University, who develops freely available AI tools to help pharmaceutical companies and others improve their drug discovery.

"We are at the beginning of just how good that might be," she says.

Thanks N

Hello Profit

This is out of date (Dec 2024) as signed then First Equity/Mr Black have taken out 2 or 3 sellers ...Cannacord and Miton + maybe one other)

Directors hold 11%+ on this link

https://www.enteq.com/investors/significant-shareholders/

Any thoughts on .

Who partner (s) may be

When the next news might be (extension offered in Jan 2025 of course )

Eg.

Physiomics' approach is to apply its technology and expertise in interpreting pre-clinical and clinical cancer data to help predict when to treat patients and with what dose of drug. This approach relies on advanced analytical techniques, many of which (such as machine learning and neural networks) are in the field of artificial intelligence (AI).

Market review

There is a significant potential addressable market for the SABER Tool, which is an RSS technology within the Directional Drilling market. RSS captures $3.6 billion of the $11.8 billion Directional Drilling annual global spend.

The RSS market for onshore United States and Canada is estimated at $1 billion per year(1), and independent Directional Drilling companies provide the majority of onshore drilling services (versus multinational companies)(2). The international onshore market for RSS (excluding North America) is estimated at $1 billion per year(3).

The top three major multinational service companies currently generate approximately 60% of the global Directional Drilling market through proprietary technologies(1). Independent Directional Drilling and regional service companies need access to third party technologies (such as SABER) to compete

They've taken out all 3 sellers over last 2 weeks which is why, in Friday there was very little stock on offer at 1.10p then 1.15p

17th Jan 202512:36 pmRNSHolding(s) in Company15th Jan 20253:45 pmRNSHolding(s) in Company15th Jan 20253:42 pmRNSHolding(s) in Company15th Jan 20253:38 pmRNSHolding(s) in Company15th Jan 20253:33 pmRNSHolding(s) in Company14th Jan 202511:08 amRNSHolding(s) in Company13th Jan 20253:34 pmRNSHolding(s) in Company13th Jan 20253:33 pmRNSHolding(s) in Company

The Black Estate started buying more in October 2024 at 4 pence to go above 4%, now ...in Jan 2025 they've gone to 26%

If they do indeed go for a takeover it has be based on the highest price paid within previous 12mths I think

That would be 4 pence ( x 4 upside)

Morning profit

See my 08.00am post yesterday

IF...and it's an IF....Mr Black Estate (first equity]) want to launch a bid the Minimum price they paid was 4 pence in October

Marmot cap £900k and net assets £11mln albeit cash flow has been a problem

First equity could make an offer and simply keep the £11mln net assets shiwnninnthe 2024 final results

Net assets

 

 

 

11.1

13.1

 

Both the closing balance and the increase in the year in the intangible assets relate to the on-going spend on the SABER rotary steerable system.

 

The increase in net book value of property, plant and equipment is primarily due to additions in assets under construction relating to SABER tool build.

Should be an interesting week

Are going crazy on AIM and some are £40mln with no assets or revenues

Yet PYC genuinely is A.I

Very many thanks Martin

Thanks

I saw the rise was due to the amicable resolution of legal action, just don't know why fallen so much since

Afternoon

Silly question..

Why did it rise so much to 30p then just come back down to 15p ?

For a mid cap it's got a very small amount of shares in issue (98mln)

https://www.thedesigngroup.com/shareholder-info/

Be interesting to see what the institution/funds do

I may add more next week

It's a carefully and cynically thought out plan by chairman who will ALREADY know he has support.. as will be proven when circular comes out

Look at the numbers !!