Member Info for Soupdragon78

Greenlabel, your calculations are massively incorrect.

Main listing requires a min. Mcap of £700k which would if TILS were to be valued at would put them at half a penny per share.

The main listing isn’t the news that’s driving the sp at the moment. It’s the developments.

Closing UT was at 2.68. Thats the final closing price.

Its 2:1 as stated by the company yesterday.

"The former ratio of five (5) ordinary shares to one (1) ADS has been changed to two (2) ordinary shares per one (1) ADS and is effective on 31 July 2020. Therefore, ADR holders will receive 1.5 additional ADRs for every one (1) ADR held."

oooh you are a tease!

Is it like when you said it would be 15p by Chinese New Year?

Correction... misread part of that rns think they were allowing shareholder attendance.

Well that’s a bit of a two fingers up to shareholders from Blackwell.

Back in the land of the sane.... another quiet day passes by.

Still think next news will be appointment related.

Glad That Jo Holland confirms that AI wouldn’t have discovered NXP002

““For example,” says Jo, “with NXP002, I was looking for a completely different indication, if it was an algorithm it wouldn’t have gone off piste in the way that I did.

“AI will get there but if you’re asking for a certain thing it won’t spot the other thing that you weren’t looking for, but it’s there. You can spot it but the algorithms won’t.””

https://www.google.co.uk/amp/s/www.cambridgeindependent.co.uk/news/amp/nuformix-ai-cant-take-you-where-we-go-9066463/

yuyu's, it goes without saying, you get nothing for free in this world. I do quite a bit with UCL and the Institute of Making and its a big revenue generator for them.

Look at it through the NFX results, we can see cash spent on activities outside of payroll is circa £800k, some of which will have paid for Fibrofind work on NXP004.

Even if the company is not developing their own products yet, it shows there is significant cash burn outboard of staff pay just getting things to the right point for a deal.

I was always on the look out for more Ebers milestones as this covers these costs and then some. The fact they failed on the Ebers KPI's is part of the reason for Dan resigning imho, as it ruins the strategy of using income for development. My worry is that Blackwell won't hesitate to dilute shareholders for short term gains.

Whimax, it’s not so much internal staff, it’s outsourcing that costs a fortune.

Whimax, as a counter point to saying cash burn will have reduced.

The new three point company strategy includes developing by themselves which will massively increase cash burn.

That’s the one thing that annoys me about Ebers.

It’s a Uk based company (all the directors are Brit nationals based here), but they set it up in Canada so where you can’t get access to any filings.

So unless they tell us, we won’t find out much.

I think Gisli Jenkins is on C4 news tonight talking about Covid and IPF.

Oh and for those who don’t know Gisli has previously acted as a consultant to NFX.

Contradictions not co traditions.... damn predictive text.

Interesting posts today, especially the co traditions between what posters think is happening.

Patience will pay off imho.

No wonder execs don’t listen to shareholders.

Halespur, from the placing rns. Only ever mentions Asia and US discussion (which now seem to be dropped)

“Nuformix is putting in place the team and development partnerships to pursue this path for NXP002. Funds from the Placing will allow Nuformix to drive progress in this programme and support Nuformix's position in the Group's on-going discussions with multiple potential development partners in Asia and the US.”

Totally agree olderbutwiser, who needs a ‘global’ deal when they could go for ‘universal’

Although I’ve heard that those on Andromeda will just nick your IP and not pay.

You forgot to add that further milestone payments were received post year end, with more expected.

Olderbutwiser, just to go back to your website observations earlier. I’ve noticed the following added to the Team page. Sounds like we’ll hear about an appointment soon.

“Committees: Chris is currently Chairman of the Nomination Committee and a member of the Remuneration and Audit Committees, whilst the Board considers the appointment of an additional Non-Executive Director.”