Member Info for Lazarus2

NM

Great info SCH - very positive here.

It would require a share suspension and an EGM for a takeover. Not sure it is the right time for that. Would love to be wrong though

Great finish - SCH bang on

It certainly is…good spot. All good here

Oh - and salaries probably in the Banks and my fiercest critic - Mrs Lazarus - has also topped up her ISA.

Hi SCH

I would normally agree about a Friday pm sell off but with news imminent FOMO may well kick in. Also, if brokers were short on the sp as I suspect, they will have to buy back. This may well finish strongly today

Agreed DeAar - it will be interesting to see what plans - if any - GSK have for SRA737 but more pertinently, whether they intend to buy out the licence for which we would get 27.5% plus any agreed amount for loss of revenue stream.

It would appear that the market agrees that there is no bad news.
I think that the BoD are doing what they are paid to do and have options in play for funding. It is all delicately poised and probably under discussion. If all falls through then a placing will come. Nice problem to have.

Aaaaand breathe out - I can feel the tension in the ethernet

After hours buying is strong with a latest buy showing at 1.75p
Something is stirring

Couple of chunky buys put through.

Doubt it Star unless it’s bad news - not expecting one tomorrow either being it is a Friday. Poor market conditions to release news into anyway. They can’t with hold material information but there are ways and means of delaying news quite legitimately.
Not long to go anyway.

No 11am RNS so will we get one at 2pm. SP poised to go in any direction.

We are past the 60 day period according to the calendar. Up or down? who knows. No RNS also means that it has not been rejected either as we would definitely know by now. Deal or no deal?

Glass half full and drumming my fingers.

So have we Utah

Yep - plenty of options for funding so we shouldn’t be concerned. I’m thinking about GSK or some such body taking a stake rather than HNWI’s or individuals.
Either way funding appears to be covered going forwards with a placing being the fall back position in the event other options fall short

Great confidence boost from the research here whilst we await news going forwards. Turning this into hard commercial reality I understand Potnaks points he has previously made although I think he is a bit cautious in relation to timescales. But I particularly agree with the fact that we don't require the completed scientific process, just a major willing to dig deep for us all to benefit at an early stage and to complete the process for us.
I am still bemused as to why there hasn't been a placing yet. There remains plenty of headroom to do this and put decent cash in the Bank. For example, with 68m shares in circulation a further 32m placed shares would take us to a meagre 100m shares in circulation and could put as much as circa £58m in the Bank at £1.80 per share. The Bod must be confident of funds arriving from elsewhere would be the logic, or, a placing is imminent. SP doesn't suggest this though.
Secondly, we have had no TR1 - with 68m shares in circulation a 3% threshold would be triggered and reportable once an investor has 2.04m shares. 5% threshold (overseas) would require a total holding of 3.4m shares to trigger a RNS for this particular threshold.
An inflection point for the sp was reached last week and we have now started to climb leading into news.
I get the impression that once the trickle of news starts (and is positive) then the dam, potentially, may well burst.
For balance, any setbacks as alluded to by Potnak, would see our SP drop depending on severity.
Great time to be invested and buy when others are fearful remains the mantra for me!

Great research - as ever - guys. I am grateful for one.

Not many more dots to join up
Not many more ducks to be aligned
The cat can see the light at the top of the bag.

Hope we all make money

And there’s a 10k share buy after hours at 1.68. Getting stronger

Yep - all manipulation. Don't take too much notice of the 165.10's either. They are predominantly sells. We should be moved higher once orders begin to be filled.