RE: Morning all2 Jun 2019 14:31
This is the intriguing thing about Scancell just now - Many of us have held for a good few years, and that gives plenty of time to reflect on the what it is that our money has gone into, a process that should involve some pretty hard staring at the facts available. I put some posts up last weekend outlining why I was happy to stay invested here, so it is interesting to see other quotes - Chester saying a feeling that 'the juggernaut is now turning", and crumbs saying the ‘rate of increasing understanding’ curve being steeper than ever, and a feeling that Scancell is near the front of that curve. It is a thought shared by a lot of us, and the more researching one does, the greater the feeling imo. I know it has been said before, but the decent number of outside people and organisations rubbing shoulders with Scancell is fascinating, and not just the number, but the sheer quality - people at the very top of their profession, widely respected and learned, and of course people who would not waste a second on anything that looked at all like a looming disappointment - people who have to back winners and have plenty to compare competitors against. I also love the way Scancell doesn't leak - a measure of professionalism if ever there was. So many companies just happen to spring a leak on the eve of good (or bad) news, which tends to lower the perception of integrity within an organisation. So do I think a commercial deal is imminent? No idea, but I think it looks increasingly promising, based on hard facts and the whole environment both business and science-wise in which Scancell is circulating. I am also more than happy that the board have a long-term plan, as I tried to make the point last week, from looking at how the company has been run in tandem with how the science has been developed. Every time there is a significant movement in the broader industry, it tends to move a bit closer to what LD and co have been moving towards as well, and every time there is a significant statement from someone at the higher echelons of immuno oncology, more often than not I will think 'I know that name'...do a bit of looking and find they have an association, often a strong one, to Scancell. I think the future is looking very exciting for us here - but will it take several more years to explode? Or will it be next week? No idea - but it is fun to watch, an imo it's coming sooner or later and it will be good.