Our live Investing Matters Podcast Special which took place at the Master Investor Show discussing 'How undervalued is the UK stock market?', has just been released. Listen here.
They've already given their explanation for 50p - "difficult market conditions". Ignores the clear previous demand from PIs that could have been tapped into. The real reason is mates rates and Alan's ego. Why not give away shares at 50p to get an unnamed specialist fund on board if it makes you feel good. You wouldn't care if you've just awarded yourself another batch of 10p options.
Timster, pffft, mine are the finest quality diamond tipped pitch forks. They'll impale a CFO at 50 yards
Fully agreed - it's more about his own clout than anything else, that's another reason he clings on McPumpy's coat-tails. Anything for clicks on their VOX garbage. If Abakta want to put out any video content why bother pretending that it's an interview as they're always scripted. That said, I wouldn't be surprised if Alan doesn't want to speak to him again as last time - egged on by the twatterati - he asked about funding / strategy and it was thoroughly embarrassing for Alan.
By the way, I'm sharpening my collection of pitch forks if anyone attending the AGM would like to borrow one.
That quote is blatant FUD. Not sure why anyone of sane mind would continue to engage with someone with an agenda who is dim witted and disingenuous - no benefit of the doubt given by me. The sealion is a troll and the counter arguments are just attention seeking disruptive spam. Bin, report and ignore are the only sensible options. That only leaves fluffers that can be treated the same. There is no value is constantly debating tedious doomsday scenarios. Equally, there’s no value in constantly spamming it’ll be £50 next week. The reality is this will take years, they’ll flog Dx on the cheap, but ultimately value will be recognised. There is a large lucrative market for chemo without side effects.
"The comms have been poor and subsequently we are all forced to speculate"
Unfortunately this has been the case in the now 4 years I've been invested. Despite repeated promises of improvement in comms it never happens and it's extremely easy to fix. Schedule quarterly business updates and stick to it. Communicate any changes between but most importantly tell the truth and treat your investors with a modicum of respect. OR... simply resign WaffAl.
We got a good detailed set of answers following the last Investormeet just a couple of months ago and the latest plan doesn't reflect the answers given. It was great to see more info provided. How the design has shifted that much in such little time is anyone's guess. Back to square one and the quote above.
They need to buckle down and focus cash on ava6k. They haven't got the resources for a pipeline. Get that to market, start earning profits and at that point developing additional assets becomes viable.
As for 'he's gone from hero to zero and I don't see him regaining his previous kudos anytime soon'. He's got form, I've been saying for years the bloke is hapless and needs to go. Hates PIs, bumbles aimlessly with a trail of BS and failures behind him. Not sure he's ever had any kudos.
Sadly filtering doesn't stop me seeing the failed gambling moron (that phrase is now in my predictive text incidentally) has started a cry baby thread. The more sensible entertaining option for anyone that hasn't binned the hypocritical twat would have been to have reported this attention seeking board clogging nonsense. Hopefully the thread gets removed. As you were...
Spot on notrex. It might not have been possible for Alan to grab that cash at 95p, but it demonstrated retail demand at that level. When the price was 120p, a fundraise for retail at 95p would have potentially raised more at far less dilution. The money I used to 'top up' at 70p would have gone straight in their bank account. Never mind though, Alan's mates got a good deal.
NY, doesn’t matter who leaked it. Company or participants, the end result is the same. In the past we’ve seen the placing price named. This time it does look like it wasnt pre-determined so we were on a hiding to as low as possible with mugs like me getting a ‘bargain’ at 70p.
Should have been at over £2 according to the broker that’s on the payroll, not a quid. I would question that they’ve managed to obtain any qualitative funding as it’s lost in the roundings of the share register. Shafting PIs to reduce their overall percentage by raising ant 50p hasn’t achieved much, it was only 20% dilution. Alan has a few more mates n the register at small amounts. So what.
Good posts though.
"STS is rare. About 3,300 cases per year are reported in the United Kingdom,2 and 13,500 new cases were reported in the United States in 2021, with 5,300 deaths, for an incidence rate of 15 to 35 per 1 million of the adult population."
https://www.ccjm.org/content/89/2/73
Given the usual appalling comms we've no idea what's really going. The 'delay' could be recruitment and there's no way to fast track that. They're focussed in a particular area - you don't get ODD for common stuff. So there won't be a readily available pool of people with the particular cancer they're interested in, having been treated previously in a particular way that are willing to sign up for a trial in a particular group of hospitals. It's not difficult to imagine that numbers are small. Yeah, we could flog it / licence it (ink well is still full) and BP could run the trial in more sites, but it's not getting to market overnight, you can't shortcut trials. We can see that from the 1b phase (now named as "leading up to P2") that's reappeared in the (nonsense) timelines from nowhere (thanks for the comms Al).
Bella, they're not moaning, they're trolls. Although a thread titled disappointment does hint at some moaning - but that was aimed at Alan and fully deserved. He hates PIs and it shows. The reason is because he gets asked awkward questions that make him and his ever changing embarrassment of a strategy look like the shambolic mess it is.
The science looks good, they have cash, the trial crawls on - it'll take as long as it takes and if it takes longer they'll just rip off PIs again. Let's wait a year or two and see where we are.
It’ll be a quick debate in parliament, the FCA already have the power to ban short selling. That petition is pointless.
‘The SSR gives us the power to apply short or long-term bans on short sales in shares, and certain other financial instruments. ’
https://www.fca.org.uk/markets/short-selling/statement-short-selling-bans-and-reporting