Member Info for PL75

“c.£32.5m cash-in-hand at end-June 2024 stage, together with expected net proceeds from disposal of the Diagnostics division (for which credible indicative offers have already started to be received with further bids anticipated), should provide sufficient runway to complete AVA6000’s Ph.2 study along with development of pre|CISION™’s next generation programmes.”

Very true. I heard the additional NI cash is being gathered via a standing order to abakta’s bank account.

Thanks for the Roche link. So she means a collection of assets for an indication.

Quick reminder that Coggers is a yank and has no idea how to speak the English language properly. Remember her use of ‘quite’ and the debate that caused. It’ll happen from time to time. As for today, if you were expecting anything other than a presentation on the science that’s already been presented at the conferences then you’re an idiot. Nice to see CC smacking down the finance update chasing brigade straight away. She reads twatter, she sees all the nonsense.

It says multiple not all.

Poor eggy, just lashing out as MATD is a dog. Expect there's more dilution due over there soon. Funding eh? Lolz

Yes, it’s a real shame we don’ get coverage like this. I’d love a spike in the share price that’d last a week and a few more retail investors.

Muck, can’t see it happening. There’ll be few surprises in the budget. The current method is to leak potential ideas, see the reaction, then decide. Heard nothing since it was rumoured unlike others, so it’s probably shelved.

So, hoping for Commercial Day rather than Science Day then. I’m sure any Q&A will include questions about finance. I can’t see the answers being any different to those already given. They have cash in the bank, they’re divesting Dx, they won’t do early deals, they’re gathering data (and have the funding they need for this) that will lead to the kind of deal they’re interested in.

No details given.

https://www.cybrexa.com/news/#

They just said thanks for the cash and are moving on to a phase 2 trial

Thanks for sharing Muck. Perfect example. A bag of cash upfront, a whopping amount of cash for development through the clinic just to get to the promise they can buy it. I’d prefer a percentage of sales, but if the price tag is large enough…

Interesting to see the similarities, other than their mechanism of action sounded vastly inferior to targeting fap. Lots want it apparently. Poor quite busy Simon.

You could just imagine a deal like that. It would unlock getting ava6k to market, give resources to get more drugs in the pipeline. What a day that would be, genuinely transformative news, the price would probably spike a massive 10% before falling back.

Love it, proper advice for Kenny.

I’d also recommend the two titans of finance journalism. If you’re looking for high quality research there are only a couple of places to look. Motley Fool and Yahoo Finance. Best of luck Ken xx

The lurker clutches his keyboard tight,

"Beware these bots in the dead of night!

They've scoured the web from years long gone,

Echoing voices from dusty dawn.

Those FUD-filled tales! Those rumors old!

Aged whispers spun like tarnished gold.

And biochemistry? Trust them not—

They’ll lead you astray, those data-bots!"

But someone chimes, with calm reply,

"Relax, my friend, give ChatGPT a try.

This bot keeps current, browses live,

With real-time checks that help it thrive.

No ancient forums cloud its view—

It’s here and now, just made for you.

So ease your worries, calm your nerves;

It’s smart, it's fresh, and it truly serves."

Thanks Ken, just sold. Who knew early stage biotech companies lost money? Honestly, I was only in it for the dividend yield and without your insight I'd have looked tremendously stupid. Thanks again.

Hughesy? Seems legit…

They’re trolling big farmer, literally laughing in their faces 75 times. All the farmers view them in the same way we view the green bin brigade

The poster suggests there’s no chance of reaching an MTD. The dream of 326 cohorts is back in play

I on't know

Echoing positive sentiments. Looks like It Works (tm). Great RNS. Brilliant science, hopefully it'll get recognised by the market in anticipation of big farmer wanting in or all of it.

Fascinating thread. Let’s do it again in 3 months time.

To clarify, stock of that whopping machine. I imagine they've many shelves full of unsold Avacta LFDs.