Member Info for LUCAN

Just in case anyone missed it, the hedge has been cleared. It's in the RNS, a little way down.

either those are placing shares still washing through, or other major holders have completely lost confidence.
Hope it's the first.

is confirmation that the hedge has cleared, and we are trading at spot prices.
Now! not in two or three weeks.

The problem here is the same as it always has been.
Dr Sandler is a top rank scientist.
However, he is not in the top rank as a CEO.
So we just have to wait, and hope that the company stays on course until the science can deliver.

I have filtered Moon, but I might as well not have bothered, because the board is all clogged up with people commenting on what I presume are his posts. Please don't.

I expect the BOD will do their best to deliver positive tox results before the consolidation vote. But they need to hurry, as people are voting already.
Presumably the HNWI votes will be cast with the BOD, which gives them a flying start. Nevertheless a big NO vote would not look well.
If the plan is to list on NASDAQ, the SP would need to at least double from today's level even after a 50-1 consolidation, and hold at the new level. That will require plenty of good news, the tox results alone may not be enough.

Somebody is selling sizeable amounts today in spite of the depressed price

It's not a lot of money, an d it looks as if they had trouble getting it.
This is now in the last chance saloon. One more setback and ---

We should have had some news by now.I wonder are they delaying news of a placing, until they have some good news to put with it?Is that too devious a thought?

Un fortunately feelings count for nothing. This will con tinue to trade down until we get the news we are waiting for.

In your post yesterday you included this extract from the RNS:
'Brain tumor patients have limited options. The standard of care remains maximal surgical resection followed by concurrent chemo- and radiotherapy. These harsh treatments impose tremendous financial burden on patients and their families. Monthly costs for chemotherapy alone can exceed $20,000. Our hope is to offer a minimally invasive and non-toxic treatment alternative for these patients and their families.'
Isn't this a bit misleading? It suggests that IQAI's treatment may offer an alternative to chemotherapy. I take the point that the IQAI system may lead to better targeted surgery. But surely chemotherapy will still be needed afterward? Or have I misunderstood?

Putin is playing poker?
Maybe, but he can't throw in his hand without gaining something.
The loss of prestige would be terminal.
Since there seems to be no disposition to offer him anything, it looks like we can expect serious trouble. Soon.

another few euros down .
This will continue until we get news that all is well again.

No, I'm not saying that.

In the first place, it's not just SRRA that is down recently, it's US tech stocks generally. Just look at Gilead for example.
Secondly, SAR is down i.m.o. because there is no compelling reason for anyone to buy in the short term - and there are always people selling for all sorts of reasons, so you need something to balance that.
Thirdly, it doesn't help when directors start musing about things like consolidation, which may or may not happen, sometime.
Finally, the SP has been propped up to a considerable extent for the last year or two by one particular poster. It may be that his posts are no longer having the same effect, in default of any visible progress.
If a share has no compelling reason to rise, it will always tend to fall, in my experience.

Let's hope Mr (Dr?) K joins the dots too.

One more thing we need:
5. clarity as to the financial consequence, if any, of the recent delays.

Seems a fine and important fellow. Plenty of cash, evidently.
But I don't see where he connects with Sar.
Forgive me if I'm slow.

Nothing is confirmed. That's the problem.

We will not see sustained improvement here until we hear
1. Covid problems are resolved;
2. Contractors are back at work;
3. Escape route is finished;
4. Hedge has been cleared.
It would be good to hear all this by early February, if not sooner.