Member Info for PL75

FFS. Get a room or give in and buy a temu sealion T-shirt.

Yup, that's one thing I don't particularly like about the latest brochure describing how great PDCs are Vs ADCs. Best proving it commercially rather than in powerpoint.

Is it us? All of their success could have been us, but Alan seemed reluctant to use any of his ink. He preferred Dx to be a drain rather than a profitable business. Lifestyle CEOs eh? What a lark.

Anyway, quite right FW, congrats Timster. Nice to see you branching out beyond THE ROOM. You'll need a new income once we get taken over for 42x 'shortly'.

Ok, I’ll take 42x.

CC will have seen the questions, seen the vitriol thrown at Al via investormeet. She’ll need to show something at the AGM. Another regurgitation and can kicking won’t cut it. A well communicated strategy is needed. Lassos and six shooters available for sale….

Interesting thoughts on CC licencing the lead asset to fund pipeline assets that would stand head to head and likely improve on ADCs. It'll need to be a healthy chunk of cash though as ava6k isn't very far from bringing in sales compared to their pre-clinical assets. A bunch of cash to clear HCI, provide cash for getting in the clinic with other PDCs and a royalty stream to keep the pipeline flowing... Tempting...

To correct the stated fecking obvious... It works for mid fap too. The mechanism works. It platform works. The choice of warhead is a separate matter

Shhh, don't spoil the grand plan Timster. You'll end up on a list.

Absolutely right LLnP. It's about the platform. They've proven it delivers a warhead to the TME. Dox is dox, it's being delivered safely, now just a matter of time to tick the regulatory boxes and gain approval.

Yeah, I agree Timster, brilliant OP. I'd recommend it.

Hi Rambo, thanks for replying. We differ on this one. I'd rather see option 1. For me it's just about getting ava6k over the P2 line as at that point deals should start appearing as well as sales and HCI is then not an issue. A miserable share price in the meantime doesn't bother me if the end result is improved. All we need is cash to get to approval. I appreciate it leaves us in a vulnerable position for a cheap takeover, but I'd imagine the share price would respond rapidly if interest was shown as I'd imagine there'd be more than one interested party.

I drove past the wetherby whaler today, only 1 person in there, a bald fella wearing a shumper gently weeping in to his fish, chips and mushy peas

Why would we sat at 100+p if we've just taken a bunch of cash for Tx and used it to pay off what is Dx debt? We'd be debt free, but the cash runway is limited and what's the option then - head back to Wonga for another painful dilutive raise?

Keep it and cover HCI payments or sell it and cover HCI payments unless you make such a whopping profit from the sale there's enough left over to pay off HCI entirely, extend the cash runway and maybe even enough for vol-au-vents and battenburg cake at the AGM.

Rambo, I fully agree that flogging Dx and using that cash for Tx is absolutely the right thing to do, but with a caveat relating to the amount of money we'd receive. Assuming something near what we paid - despite expanding in to Germany and cutting costs - then that would provide enough cash to get through P2, get a product to market and we'd be a self sustaining business. At that point, pay off HCI at your leisure.

I do not agree at all you would use that cash to pay off any of the Heights cash immediately as there is no benefit to Tx and you're still in need of more cash to get through P2. If you absolutely have to, keep it in cash and pay HCI in cash quarterly.

You've ignored the point I made. You've called it a loss making business. The acquisitions weren't and aren't loss making, they appear to be once you've added in all the existing cr'p. IF, repeat, IF it's not a loss making business and generates cash, all you're doing is making another bad decision.

Selling Dx at a loss to clear debt leaves you in exactly the same position but without a cash generative business (that can cover heights in cash). I would never argue it was a good decision originally and I agree Dx is a distraction, but if you're selling for anything other than a healthy profit then your financial acumen is on a par with Tony.

Rambo, if you end up with a division that's cash generative i.e. can cover heights in cash and provide additional funding for Tx, why sell? Selling doesn't reverse the dilution unless they bought back shares, which would be bonkers.

That's an IF of course. Still waiting to see if Tony had his calculator the right way up when he worked out it'll be cash generative in H2.

WAG, of course. It's a soulless windowless pit of misery. Technically a room, basement would be more accurate, dungeon maybe. All chained to their desks being fed gruel desperately hoping that one day they'll get enough shekels together from baiting idiots in to buying Temu's finery to escape their eternal hell. Sat in a pit of drool and the remains of crayons, it's a gruesome sight. Derek, clueless as to where he is, Eggy next to him, angry he's being distracted from abusing nurses and the sealion, weeping whilst smearing brown crayons on the wall wondering why he keeps buying spikes and averaging down.

It's convenient for delivery that they're all IN THE ROOM Timster. Downside is that all you've done is buy them a spare uniform. Still it'll come in handy, they must look a right state from constantly dribbling.

Hi gje, I’d put them in that order. I think the 2w results will confirm the potential for other warheads alongside the research they’ve been doing. A licence deal at that point is a possibility. They might flog Dx, but they’re expanding in to Germany and are hopefully on track to be cash generative. It can be kept to contribute or sold to remove heights. I can’t see a takeover until phase 2 looms.

Lartruvo is a perfect example. It achieved $500m sales for STS until withdrawal. If Abakta look to start making sales in that ballpark they’re fully self sustaining, have a disruptive pipeline and become extremely attractive to BP. Next couple of years are pivotal. Yes, years - no shortcuts, it’s a long term investment. No amount of 3D T-shirts will stop me holding and seeing it through.

Another thread littered with negative nonsense from the same old tedious spammers - Temu are delighted. I stick by my OP. It irrefutably works and with better financial management we wouldn’t be in this position. CC needs to decide on strategy, sack Tony, we’ll see if Elliot gets through the AGM. Sort out Dx, my preference is cut costs and keep it to pay off heights and extend the cash runway beyond phase 2. If the science continues to impress and the pipeline looks good, by then Simon should have earned a crust. Darkest before the dawn, I think the sentiment on twatter is fair, there’s cash on the sidelines waiting to see if CC is the delivering the necessary change. Enjoy the sun

What a swanchor. I hope you follow up all your failures with as much vigour you crayon munching twat. Binned, previously blocked on twatter and reported for self promotion.

I’ll bet. That’s not a point, it’s a sealion question. They’re working with the fda on optimisation. I’d like an explanation for the reappearance of phase 1b, but whatever, they’ve said H2. It’s taking a while as they’re being picky with recruitment. All of this is known information though. Repeatedly regurgitating the same tedious questions is just selling 3D T-shirts with sealion’s on the front. Fluffer.