Member Info for MCB55

Mr A, I agree in many respects with what you say, I think that the only explanation is that it is still a bit early (!) as there is an NDA with Medusa and probably DHSC (I know that old rabbit again!)! When all becomes clear on both counts, hopefully within a month, then I would expect marketing, etc, to ramp up to professional standards!

The current sp does not currently have any real relationship to the value of the IP of the company, it is purely driven by sentiment/emotion and frustration of no sales data and not logic or NPV valuation (as in the Trinity analysis). True value will out eventually!

"These people will, sadly, be terminally ill"
Also they will have exhausted all other treatment options awhile ago before they can enter the trials, so this is their best/last chance for a bit/a lot longer! Best of luck to them and of course for us investors.

AS did say that feedback/results from the Ph1a trials will be available by the end of year!
However I wouldn't rule out an interim statement after a few doses of escalation, in the autumn, even iif just to say" Trial progressing well patients responding as expected".

"However, apart from their obligation to service the NHS, the govt. wants to wash its hands of LFTs and make people pay privately."
HMG need to protect their total workforce, not just the NHS, that is the Armed Forces, Civil servants and council employees, Border control, so quite a few really (say 3-4million overall). If they were tested twice a week that is then ca 28m/mth.........that is what a sovereign test would be for! Everyone else can be catered for from the private sector.

Sounds like a free for all, bet they have no idea of the specificity or sensitivity of the tests being used!?

That must surely be the shorts closing or a vote of confidence! Only way is up from here! GLA

As the Ph 1a trial is in 3-4 stages of dose escalation, I think there is a real possibility of a rns/comment at the conclusion of each stage. Not in detail, just to say stage1 completed satisfactorily and now moving on to stage 2, etc.! So asome potential feedback every 4-5 weeks or so.

PL75,
I would suggest ask why top quality LFD's (with s&s of say min 98%) cannot be used as the equivalent of a PCR test, thus providing a rapid non invasive quality test at low cost. If necessary a positive result can then be backed up by a PCR test.This would be a massive boost to travel and other business.

AS would not recommend a bid of less than £10, so it would have to be a hostile bid that shareholders vote for at an EGM. Many a PI might vote for £2-5 right now, but I very much doubt if over 50% of shareholders including II's would!

Oily, I agree as long as MHRA do not extend The EUA for home use for Innova beyond the end of August! It would take one big player out of the race! However don’t bet on it, because although Sunak will want to end free tests soon, he will be under pressure to hold off, and HMG when in a corner just extends what they are used to doing! However the landscape is changing albeit slowly, I am still hopeful of HMG orders as it beggars belief that they wouldn’t support UK Diagnostics after all the talks there have been and no doubt still are ongoing, and all that govnmt LFT machinery standing idle!

oops "outweighs "

"If you read the new govt guidelines, the acceptable level of sensitivity is above 60%, so quite a low bar."
That is my concern too! There should be either a higher bar or a two tier bar, the second tier being close to PCR accuracy!! The cheap n cheerful tests will go to the uninformed organisations, but hopefully the large organisations will understand that the best is not necessarily the cheapest and the impact on their productivity/workforce absences far outlays getting it wrong!

Of course one drill does not quantify the size of the find, it just increases the chance that it is a big one (and hence the sp will respond accordingly, basically from zero to hero!), however to truly delineate the field/reservoir will require multiple drills and logging to build an understanding of the reservoir. This analysis then has to be certified/endorsed by an independent body, this is called a Competent Persons' Report (CPR). only then will the facts be certified and the sp underpinned, however prior to that the sp will have gone hyper anyway!

It makes my blood boil reading that, beggars belief!

I guess we are in with a chance until we know otherwise, all still to play for!

Vostok, I agree its the resolution of the sovereign debate that is needed one way or another......that is why we are in limbo!

Wyndrum,
I think that the main problem with airlines is that the diktat from HMG is still use PCR to go on a flight or when returning from an amber list country.. The key to me is that HMG have not yet accepted that there are some LFT's that are nearly as accurate as a PCR test! When they do then the orders will flow!

Monty check the locations towards bottom of the notice, ALL in the UK, reported on a US website means nothing, just a Global noticeboard!

A hostile takeover is one that the BoD rejects, but the bidder then makes an written offer to all shareholders to gain majority support for a vote at an EGM. If a majority vote for then deal done. However to get greater than 50% of the vote they would have to persuade a lot of II's as well as PI's to sell. Given the sp crash a lot of PI's may sell for say £2-3/share, however I doubt that II's would, however everyone has their price. Takeovers are rarely for more than +50% of the average sp for the previous 6 months (Autnomy was sold for +70%, which is now a court case!)! So AS's best defence is a realistic sp (min £3++), not an artificially low one as at present!, so its in his interests to re habilitate the sp to a better level, however he cannot lie to the market, just feed it with good news!