Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
Sorry for the delay scart. People havenāt been saying buy buy buy? Maybe not them exact words but saying this is going Ā£1-Ā£2 donāt miss out, get in quick, and all the rest of the pages of ramps over the last week all means the same to me.
I think a lot of people have just jumped in looking at the rise, with the boards encouragement thinking we have a quick money-making scheme, to one sense there is ,if all goes to plan, but all plans arenāt straight forward.
This is a very illiquid stock with a company who have small limited funds and poor sales. Grants running out, which is a time consuming job in itself to sort.
Yes there are positives but also negatives which some havenāt even looked at.
Product sales: Sales of device and assay (HCV-ID and DoD product) were significantly below forecasts (by -Ā£0.52m, due in part to the delay in fulfilling the DoD order) at ca.Ā£0.3m and represented a 58% decrease on the comparable period last year. The majority of the Ā£0.3m was composed of DoD sales, meaning that there has been little to no growth in HCV-ID sales.
? Grant income: Grant income of Ā£0.3m (including Ā£0.2m associated with TB development work) was slightly below forecasts, but the decline on the prior period was anticipated, as the grant-funded TB and RNR-1 development programmes move towards completion.
? Administration costs: In line with the decline in product sales and tight control of costs, administration costs (COGS and SGA) were below forecasts by Ā£0.36m at -Ā£0.90m.
? Net cash/(debt): Underlying operating profit fell 27% on the prior period to -Ā£2.57m (-Ā£2.02m). Combined with an unexpected working capital requirement, GDR ended the period with cash of Ā£3.5m, which was below forecasts by -Ā£1.3m. Debt in the form of convertible bonds is now being carried at Ā£9.3m, resulting in a net debt position of -Ā£5.8m on 31 December 2019.
I am invested but half to what I initially jumped in with. When the time comes we get the news all systems go, I will double up. Until then I will wait and watch. All just my opinion, just thought this board was very one sided.
Good luck with your investments.
See, my point exactly. If anything it puts people off investing as some of these postās sound like begging letters.
Large viewing numbers which will only increase in my view, also extensive top names in motorsport, athletics and you tubers will take to this growing concept with a possibility of buying into the company. Even people with plenty of money are looking to invest to make a few quid.
4p would be a nice near term target.
Need to take a step back and look at this properly, donāt get sucked in by the constant post after post of buy buy buy.
Read previous rnsās itās not all Rosie.
Looking at the 5day chart itās on a downward trend will see 20p again soon as a level.
Streaming now, with F1,f2 f3 drivers mixed with Ben stokes, jenson button and others lol.
https://youtu.be/y67x0Hu8ssU
The link to the YouTube channel.
https://youtu.be/y67x0Hu8ssU
For anyone who is interested in watching gaming, canāt say Iāve watched any myself, but will give this ago to see what all the fuss is about.
https://www.formula1.com/en/latest/article.leclerc-albon-and-russell-join-the-grid-for-this-weekends-f1-esports-virtual.6kI9lrstvszWDhPOeEqSsc.html
Would be fascinating if they could do it with Wimbledon too.
Itās a lot of shares to soak up, might take a week or two for this to settle.
Hahah
At 9p would make perfect sense, if they raised 10 mill with just over 100 mill shares, would give the company its much needed capital instead of looking for grants, give it more liquidity and set them up for the forcible future. Extra shares would get soaked up in days.
When youāre positioned for astronomical growth
Equity capital tends to follow businesses and industries that have potential for massive growth and exponential paydays. Your local coffee shop concept may do really well, but it doesnāt have the potential to become Google, so youāre not likely to attract many equity investors. On the other hand, if youāre looking to build the next Starbucks chain, and you have a vision and a plan that supports that kind of growth, chances are investors will be very interested in jumping onto your bandwagon on the road to Riches.
There are plenty of other ways to get funding especially when you have significant companyās wanting your product. You know this, so why keep repeating same old. Itās not the only way forward. Your not as daft as you sound.
With the speed things are going with covid it wouldnāt surprise me if we get this before 8 weeks, as a matter of national emergency.
With ceo, a useful insight to whatās going on with bidstack and what they are trying to achieve for new investors like myself.
https://www.proactiveinvestors.co.uk/companies/news/916397/bidstack-in-demand-as-home-working-sparks-surge-in-video-game-playing-916397.html
Thanks inter, that makes sense to me. Iāve learnt my lesson with spikes and missed out, but also Iāve sold to soon which is just as frustrating. Iāve learnt not to be greedy and be more patient . As long as you make money at the end of the day thatās all our goal.
https://ukinvestormagazine.co.uk/podcasts/
Bids talked about at around 12:30
Positive praise.
Just before end of play, plenty of 25k buys going through at 9p.
Thanks girds, think I was just over thinking it lol.
Girdz yeah I sort of understand that but what happens with the share price, does it close one day at say 8p after the news,then open the next at say 18p as the companyās value is more. Or does it just rise with buying pressure to itās fair price range with out gapping. Sorry just trying to get my head round it. Thanks.
Can someone explains to me how a re rate works other than a normal rush in share price, Iāve only experienced the latter.
Thanks for the chart b-up. You were spot on.