Member Info for RuckRover

GF,

"Ruck so you now see the investment opportunity!"

Now?

BB,

I'll go conservative - 1.5 to 2Bn

Interesting that no one thinks it's worth £8 as a buyout. Surely an offer between £4 and £6 would be hard to reject?

GF,

I wrote this morning and didn't press submit......

"Chuckle brothers"

Oh, I get it now. So if two posters with similar views react to a post they are chuckle brothers. So if Ivy and I are chuckle brothers what does that make you and ratty - a chuckle brother tribute act?

GF,

Again, in the interests of accuracy, I don't believe anyone has described Scancell as "risky"

Sorry, GF, it's not obvious to me. Care to explain?

"What’s the point of ABs post and yours."

I can't speak for AB but this was the reason I posted..

Someone asked whether there had ever been an actual, formal offer for Scancell.

directinggas made reference to the RG interview in Frankfurt in order to show that back then the INTENT was to sell the whole company (at an attractive price to shareholders)

Ratty, quite rightly said there is no reason to believe the comments at the time were not genuine. He did however state, incorrectly, that the interview pre-dated Moditope. Purely in the interests of accuracy, I posted a correction. I don't think it has much impact on the topic being discussed but at the time there was speculation about whether Moditope would be hived off in a separate company. Scancell did make a statement that the issue was being discussed by the board to determine how shareholder interests could be best protected.

The above give context regarding intent. In response to the original question, my understanding was that no official bid had been made but they had come close. The name Roche was mentioned, whether this was the party that came close or just later described as the "preferred partner" is not clear.

Your other comments

"And I’d wager when it does it will sell for a dam sight more than it would have ten years ago"

I'm not sure how you think £1/£2 per share now is worth more than £3.20 per share 11 years ago?

"Just hope you and AB haven’t sold out completely on the rise. Ouch!"

No, not sold any. My last sale was on 7th December 2022 at 28.21p. This was from a tranche I bought between February 2022 and November 2022 at prices between 13p and 19p (most at 17p). So, smallcrow, MEAN=17, MODE=17, MEDIAN=16. The sale was to fund the purchase of a new car.

I have a reasonable large long term holding since 2012. There are frequent trading opportunities that present themselves (within any need for manipulation - they just occur. I don't feel bad about it. Hopefully, the person who bought mine at 28p will be happy when they sell them at £1.

I hope that explains where I'm coming from.

GF,

"What’s the point of ABs post and yours."

I can't speak for AB

Oh, I remember those days well -

"sell the company for may multiples of the current SP (which was around 30p)"

"The holy grail of cancer vaccines"

"Turn cancer into a chronic disease"

Those aspirations are still possible but I'm afraid Ratty is factually incorrect.

This did not predate Moditope. This interview was in February 2013 whereas the Moditope discovery was reported in August 2012. In fact, the "holy grail" comment was in respect of Moditope not immunobody.

My own recollection regarding bids for the company was that they came very close to securing a deal but it was vetoed at the top at the last minute due to negative sentiment around immunotherapy. I think the company was believed to be Roche and this snippet came from Richard Goodfellow or possibly LD.

"So hopefully RNS time in the not too distant future!"

My prediction months ago for a mega RNS was a Tuesday in October- based on the fact that there are more on a Tuesday and in October historically. We are not far off now.

However, given the recent activity, I wouldn't be surprised if it came earlier (but on a Tuesday of course).

Ratty,

Ah, the Parable of the Weeds

He told them another parable: “The kingdom of Scancell is like a man who sowed good posts on his BB. But while everyone was sleeping, his enemy (the "astute") came and sowed negative posts

among the good ones and went away. When the good ones sprouted and drew recs, then the negative ones also appeared.

"The owner’s devotees came to him and said, ‘Sir, didn’t you post good posts on your BB. Where then did the negative ones come from?

"An enemy did this,’ he replied.

“The servants asked him, ‘Do you want us to go and have them removed?

"No,’ he answered, ‘because while you are removing the bad ones you may have the good ones removed as well. Let both live together until the RNS. At that time I will tell the harvesters: It is now obvious that "the astute" were talking complete b******s.

If they are that desperate just put the bid up to 50p - that should tempt a few sellers.

GF,

“ and Ruck interfere and claim to be experts”

In what exactly? Certainly not immunotherapy or finance.

Wtp,

Unfortunately you omitted the posts leading up to the one you reposted here. That would give a rather one sided view don't you think?

Here was the one immediately before:

"Morning Nana everyone welcome to have their input but let us not try and decide in advance the subjects which people may want to discuss.

They probably will need to raise about ?50-60m so potential for a lot of dilution and be interesting to hear others views of when and how it is likely to be financed"

As BOJO has pointed out, SCLP will need a fairly hefty chunk of cash to do all the things they want to do. LD herself hasn't ruled out any options so they are all possible.

Whatever the options turn out to be, the sources of cash listed by Chilltime will reduce if not eliminate the need for dilutive funding. That doesn't mean a discussion Of all the options should be censored.

GF,

"For balance, if you don’t mind, I’ll go with Sardesai rather than you in suggesting his statement is hilarious."

In the interests of accuracy I did not say his comments were hilarious - I said your specific comment was.

Sardesi did not say that Scancells SCIB1 was no risk. He was talking about "Cancer Vaccines" in general. In this group, some will succeed and some will fail.

He didn't even say the group as a whole was "no risk".

You show some disturbing similarities to Inan in having to misquote, mislead and twist.

We all hope for success in the SCOB1 and MODI1 trials. It looks like there is a great deal to be optimistic about and we should be celebrating the recents highs even though they may still be below some peoples average.

I'm afraid making the investment case based on the number of shares you hold (like Inan) doesn't really have any sway.

Self validation and verification is a subtle technique used in religious cults, as is elevating members by comparing them to ones renowned in their field (as you did).

GF,

Just to be clear, this is the hilarious bit.

“ Looks like someone within scancell agrees with inanaco”

The other parts are fine and I wish you well with your not unsubstantial investment.

burble,

yes. this is how calculus described it in 2022:

scancell’s moditope® platform also consists of modi-1, which is currently in a phase 1 clinical study. modi-1 targets citrullinated proteins, in contrast to modi-2 which targets ****citrullinated proteins. ****citrullination is a process that occurs by a different mechanism compared to citrullination and is therefore applicable to a distinct set of highly immune suppressed tumours. scancell will leverage its deep understanding of t cell immunology and cancer immunotherapy together with its strong development capabilities to bring modi-2 to clinical validation, adding value to the entire moditope® platform.

Morning TF,

"Scancell really seem to be on the launchpad."

Well, as you and I know, they have been on the launch pad quite a while.

Now they are fully fuelled and the countdown has started. Get ready for lift-off!

Moonparty,

Really sorry to hear about your friend.

The post was on Macmillan over a week ago which could explain some of the recent buying?

GF,

" So it’s a bit like me having invested in Betamax and hoping VHS works well and sells well."

Except the choice between VHS and Betamax wasn't a life and death one was it?

Burble,

You make a good point re storage. A factor I hadn't considered up to now.