RE: Huge October1 Oct 2025 07:00
Yesterday’s comments were very bullish and the share price reacted well. My own take is that this is lining things up for a fundraise after ESMO rather than a licensing deal. They need £13m by 15 Jan 2026 under the bond terms, so timing it straight after ESMO makes sense. If the data are good and sentiment is on the rise, that’s actually the best moment to raise – not a bad thing at all. Like everyone else I’d love to see a partnership, but that feels a bit too soon. For me the more realistic sequence is ESMO, then a raise to meet the bond condition.
Not long to wait to find out. Either way, the future certainly looks brighter this morning.