Member Info for Sangijuelas1

I know you guys believe in a Magic Money Tree but I don't.

£15m cash at end of the 2021.

Burn £2m a month but will probably be making cutbacks. For example, possibly delaying start of Bavencio trial as was due to start Q4 last year.

So say they will have spent nearly £10m by the end of this month.

The big question for me is did the $7.5m they had to return to Oxfords custodian account come off the end of the year cash balance?

Not expecting to see any significant decrease in NAV. VC funding valuations tend to lag those of public markets.

Biggest detractors will be UI Path and Cazoo . Think they offloaded quite a bit of Trustpilot.
Others like Aiven and Thought Machine should easily compensate for that.

I trust you read the FT piece on the Thought Machine funding round yesterday. Raise was led by Morgan Stanley, Temasek and Intesa Sanpaolo and included participation from Lloyds and JP Morgan Chase. So they have moved beyond VC funding and are getting backed by banks investing.

A Bloomberg article also said that Revolut is frustrated at the time being taken to obtain a UK banking licence. To the extent that the founder tried to get Rishi Sunak to speed things up. They are already operating as a bank in Europe. At the end of the article an insider said that they would likely proceed to another funding round at an even higher valuation than the current $33bn.

I agree that there is a good chance that markets drop another 20-30%.

I am happy holding this and will continue to accumulate.

That Endomag with their breast cancer spread diagnostic and surgical tools should be worth quite a bit too.

So if Hadean last had funding in 2019 and they haven't needed to raise despite seeming to have major successes that would seem to be good right?

Do you not feel that those with power in the markets concoct these fear based narratives as a way of capturing stocks cheap?

A kind of market wide pump and dump combined with a poop and scoop. I have absolutely no desire to follow the lead of mainstream fund managers, a profession in the UK dominated by the human capital outputs from our wonderful public schools. All white, all male, all privileged, all clueless.

I met one of the Jupiter fund managers at an event dominated by the wise one John Redwood holding court. I couldn't get over the fact that this fund manager, with billions of AUM had turned up with his shoulders covered in dandruff. I mean I had some dandruff on my school blazer as a teenager but I sorted it out.

Has there really been a paradigm shift? Do we all really need to scramble for cash, gold and value stocks and ignore the real world changes driven by AI, supercomputing, automation, internet of things, medtech diagnostics, metaverse etc?

In a context where if people want to work they want to do it from home. The labour force is shrinking, for the first time ever ONS reported more vacancies than unemployed. BOE raising the risk of more long term sick from long covid.

Metaverse company based on distributed computing. Last funded in 2019 where Draper led the round.

Since then received a mega grant from Epic Games to run Aether Engine with Epics Unreal Engine, which is worth a look.
https://www.unrealengine.com/en-US

Signed a joint partnership deal with BAE Systems last month to add to existing collaborations with CAE, Microsoft, Minecraft and the Francis Crick institute.

Iceye was EMEA region number 2 on Fast Companys list of the Worlds Most Innovative Companies.

They have signed contracts with the US military and the European Space Agency for their radar satellite data in recent months as well as Neptune Flood last week.

https://www.iceye.com/blog/being-everywhere-multiple-times-a-day%3fhs_amp=true

FDA approved and focused on global sales
https://www.cambridgetoday.ca/membership/features/cambridge-memorial-hospital-first-in-region-to-use-revolutionary-breast-cancer-technology-5281793

As of last years annual report MV had £9m invested in Endomag

https://www.google.com/amp/s/news.sky.com/story/amp/tumour-spotting-metal-detector-helps-detect-whether-cancer-has-spread-12614951

Quite amusing to see a couple of the car dealing trade press attacking Cazoo for "admitting" in their SEC filing that they may never become profitable.

Standard wording to protect management from future investor lawsuits but presented as a critical newsflash by the likes of Car Dealer magazine.

Must be ruffling a few feathers in the industry

I think the pilot for the rocket here is Marshall Applewhite

Cazoo have just opened for business in Spain and are going for it

They are new shirt sponsors of Valencia and Real Sociedad

Nasdaq up pre market 2%

Means nothing but if it was down 2% you know this would be round 530

I have bought more Cazoo as they move away from $1, as reduces delisting risk

Phil I get that you are like the customers at Fawlty Towers that were happy about the service.

I am more like the American guy

I mean from September onwards I felt comfortable buying the share as it kept dropping believing that an alternative line of funding had been secured and thought it was a massive vote of confidence in the company.

Then it turned out to be much less than the headline figure quoted in the RNS.

One of the reasons I initially invested more here was the Oxford Finance deal, which turned out to be not great

Jack 4D have said in the annual report they require $45m once the current funds run out.

That is over half the current market cap.

Oxford have only provided $5m so far for investment purposes and the most that is on the table from Oxford if loan milestones are met is $7.5m.

SER 109 is not going to be approved this year. They are due to file the application this year but approval is expected to be next year.

Given that some of their funds have probably suffered losses could be getting drawdowns.

Volumes and price here suggest a big seller

I think Stay long has decided to stop Marking to Market and is just making a price up in his head.

I think this thread will do a lot to attract new investors if they come on here to see what the current chat is on 4D

Well Porky2 if you think that you can report the 2 accounts like I did with Porky3 and they will remove 1