Member Info for Sonnets

A belated thank you MM

I did top up!

Cash balance at 31/03/2020 was £4.1m. Is there any likelihood of a fund raise in the near term ie in this financial year? The last raise was May 2019 I believe.

I hold shares and considering topping up.

Just bought 54,000 at 3.88. Guess it will show up as a sell!

Redx have a pretty formidable tie up. Has Mr Keegan got something up his sleeve or are we just drifting along?

Thoughtful response Chester. Thank you.

Well we have an update on half a refit. Progress I guess.

I hold and have for a long time now. i haven't looked at a BB re TRX for weeks so disgusted was I at the Fire raise, the awful discount and the billions of shares now in issue. My main concern was the triffling 14m raised amidst lots of interest and such a short window. Hours to sign up, announced after close, and target fully hit within the truncated nonsense that had many of us borrowing the money to secure a bit part in the placing.

Many will recall that when the company gained 2 US grants in the Spring it extended our viable cashflow future just to early August. I figured we were burning a 1m plus a month. So in the bright new future , with a facility to rekit in addition to all the other overheads how far will $14m go?

Where are we on the Midcap loan? What has sparkled contract or revenue or news wise since?

O.34p a share ffs! £10 buys you 3000 shares.

Happy Days I tell you

M&A mentioned as a consideration. Is NFX a takeover target?

Who knows or late buy trades to be revealed

Tomorrow or Monday?

Thanks Tricky. ODX has many strings to its bow, and I understand major announcements / milestones expected this month and early August, and through the Autumn and Christmas/New Year. Check out the company presentation yesterday and DYOR

of Mr Keegan in these ominous times?

What is his function please?

So who is mopping up the slightly below offer price sells?

They aint having mine.

Duble I am catching up why is it down to Finncap?

Yorkshire Boy thank you for your erudite post.

One might even think that you are affiliated to NFX such is the ease of your command of what is going on. No mention of the 004 update expected once results of trials have been formulated I notice.

There is though an elephant in the room: 3 Board members have left in the last year.

Notwithstanding I remain long and added today.

Thompi yes it is an uncomfortable truth to address. To lose one maybe, two careless ; but three well it reeks. Added to which it is a relatively small Board: Is K Keegan still part time?

I sold some today. The elephant in the room is getting bigger whilst as a shareholder I am kept in the dark.

Jay did D say why he is exiting?

Just saw your post that he replied to you.

Sorry to take you back to Monday

When do we think we might see this? Personally I think after the first piece of good news.

Are there any who think it will not happen?

It is certainly strange that with so much alleged to be within grasp that the man at the top has gone.

Personally , I am not unhappy to see him go , but it does now add up to 3 big wigs that have gone within a year.

SP suggests that the market is quite content. I am, but time to reel in some more tangible progress whether it be NPX004, Deals, merger or takeover, oh and a top class appointee

DYOR & AIMO

Silverpix the problem for LTHs is that they often lose out by being loyal. Look at ODX this morning, and TRX a few weeks back. Capital raising on back of 27% and 75% discounts to sp.

There are many ways to make money through the market but LTHs are sitting ducks for the fleet footed or those in the know or inside the magic loop of real knowledge.

My holding here has declined by many thousands of £s, it has come to the point where the proverbial bottom drawer applies whilst I feel obliged to wait for the hoped for bus.

I wonder if a big fish like Accacia are interested in taking a strong position in nfx. Looking at its recent buy in to Synairgen I think why not. It has bucket loads of money to invest in life science entities and is actively scouring..

Surely a good thing