Member Info for LUCAIN

Can anybody explain the meaning of the string of cancelled trades from earlier this morning,. just posted? What is the point of buying, and immediately selling, 384,746 shares - and about six similar transactions? Is it some kind of price discovery game?

Looks like the placees are selling around 1.40/45, so that anchors the price for the moment.

Nice money if you can get it, 30% for a day or two.

Take a bow. Thks for the tip.

Games being played here again, single figure buys at full ask, someone trying to skew the chart

People are playing games here, selling tiny amounts at low prices in the hope of pushing down the price

Does anyone know how Polarean's magnetic resonance imaging technique compares with Imaging Biometrics (IQ-AI)?

Am I right in thinking both are addressing the same market or task?

One good reason would be no money to pay him/her

Doesn't mean a deal is on the way. Just means they have finally recognised they need a deal-maker at the helm at this stage. So let's see what he can do.

This is stated as a fact, but presumably it must be a forecast - since Q4 2024 doesn't begin for another few months.

MRSA is a danger for anyone entering the hospital system. It costs a fortune in precautions, and it kills people. If XF73 can safely prevent infection, it surely must be a major priority to get it through testing and into use. It would be a travesty if the company could not raise the cash to get it through the necessary tests.

Determined bear raid here this afternoon, bound to come at some point given the steep rise. Price held up reasonably well i.m.o., but they will be back. News would help.

Some people here are living in cloud cuckoo land.

£5 per share is not remotely in prospect. Nor is there anyone currently offering £2 or £1, so far as we know.

The recent RNS, and the Edison note, indicate that existing cash will run out later this year. Full P1 results are due in the next 2-3 months. This raises the alarming prospect that the company might run out of cash BEFORE receiving the full results. A further cash-raise in these circumstances would be an absolute disaster. It would not be at 20p, more likely all the way back to 10p. They must see this, and i.m.o. it is irresponsible to leave the possibility open.

Personally I do not believe they are foolish enough to try to raise cash in those circumstances. But until the possibility has been clearly denied, the SP will continue to slide.

Loads of day traders here now. They will be back in the m orning.

I think we can assume that if that sort of money is available, a deal would have been done by now.

Make no mistake, a further fundraise this year would be a disaster.

They need to do a deal, on the best terms available.

So, The Edison note has knocked 6p (15%) off the share price, for starters.

And that costs us 60k? Not much value there.

Sustained selling this afternoon.

Hard to make sense of what is happening.

There it is now, 120k just over 34p.

Must be a massive sale early this morning, or last night. Couldn't buy under 37 yesterday.

All will be revealed in time.

Anyone know why?