Member Info for RuckRover

Just my opinion but I see the price to merge with Neuphoria at $4.50-$4.75 (100m shares) and the subsequent placing at 20-25p per share.

The result - Scancell listed on NASDAQ with a bigger pipeline and fully funded for SCIB1 P3 should see a share price in the range 39-62p.

Personally I'd happily take 30% dilution for a 200% SP uplift.

Miavoce,

I guess that what the discussions are all about.

Currently, "the markets" value SCLP at £200m and NEUP at £20m - that is 10%.

Most of the value in NEUP is cash in the bank so difficult to argue against their valuation.

They could argue that Scancell is worth more (as we believe it is but these sorts of deals tend to use recent SP history. If either party aren't happy, they walk away. That is why it is not yet a "done deal"

Just to add....

With Scancell listed on NASDAQ and fully funded for a phase 3 trial, we should see a proper value in the 39-62p range

The RNS Stated that the proposed merger would be a share only transaction.

Given NEUPs £20m mcap and Scancell's current 20p per share, Scancell will need to issue 100m shares in order to reimburse Neuphoria shareholders.

If it all goes through, the result will be a NASDAQ listing for Scancell trading at around 18-20p considering dilution.

The NASDAQ listing will open up Scancell to US funds. Hopefully this will push the SP up.

This has not raised the cash for the P3 Scib trial (other than £20m of NEUP cash acquired by the merger) so the question is, do Scancell wait and see what happens with the SP following the merger before doing a raise or will they do it simultaneously?

I heard SpaceX shares are set to skyrocket

Got to be MEL-B surely?

Ray,

Well let’s do the maths. Leicester were 5000/1 when they won it. They had a respected manager and some decent players. That would make Burnley 10000/1.

In that case Scancell would be 100/1.

I think I’ve been done, should have got 10 million to one for the double.

The other scenario would be Scancell hitting £100 and a kindly investor with nearly 3 million shares takes over Burnley and buys up the Man City team! :)

Ray, commiserations about Burnley. Do you think they will hang on to Scott Parker? He's got them promoted once.

I think a double bet - Burnley to win the premier league and Scancell to hit £8 within the next 2 years. I was quoted 1 million to one odds.

"And could the share price be in pounds, not pence? "

Cleaner, here's the share price in pounds....

£0.135

Bojo,

Well said. I've lost count of the number of times people have been ridiculed for suggesting the possibility of a fund raise only for there to be a fund raise. Some people never learn!

Yes, we haven't even reached "derisory" yet! (17p)

"The "Happy Clapper" watchers seem to be remarkably quiet at present"

I suspect they are all too busy happy clapping.

Chester,

"So let’s dispense with the years gone bye because they are now irrelevant it’s 2026"

They are only irrelevant if you are new to the share and invest in 2026.

If you invested before this the annual return is lower. If you have invested for 14 years even a five bagger from here will only represent an annual return of 8.9%. (Assuming an average buy in of 15p)

Unfortunately this has been a long standing fault in these discussions - a complete inability to factor in TIME.

But if you want to "dispense" with up to 14 years and pretend you will make 500% return then go ahead.

Ddubya,

You mean one for every year from 2026 to 2206?

Happy New Year to all!

So once again we get the "2026 Pivotal year" predictions as we have every year since 2012!

Which brings me to some bad news - the "Scancell Pivotal Year 2026" T-shirts have arrived. Unfortunately, due to a printing error they have come out as Scancell "Pivotal Year 2206".

Might be worth buying and hanging on until then - they could be worth £8 by then.

I thought we could be a little less cheerleader and more numeric so I have ordered a batch of:

"Scancell Annualised volatility > 60% with upward drift 2026" instead.

TF,

PFS WILL go down as patients will eventually die even if the cancer doesn't progress.

Morning TF,

PFS (Progression‑Free Survival) is the percentage of patients who have not progressed at a given timepoint.

You can't include difference in time in the improvement percentage, just point out the difference if there is one.

Chester,

"I would also expect some discussions with the Australian medical authorities. iSCIB1+ could be of great value to the Australians as their melanoma numbers are very high due to miss sold suncreams that were no better than moisturiser"

Having lived in Australia and been indoctrinated with the sun safe mantra I found this hard to believe. It is absolutely scandalous - some brands sold as SPF50 were only SPF4.

Australia had the highest melanoma rates in the world anyway, this will only make it worse.

I think the companies should face substational fines and the money given to companies developing treatments.

Funding problem solved!

BTW, anyone been watching the Cancer Detectives on the TV.?

Botski,

Good point. I guess when LD was developing cancer cures in 2008 she hadn’t factored in a Rachel Reeves budget in 2025

News is coming soon, trades will follow