Member Info for stt1

Trout,

"about million pound contracts"

How's the other CRO doing? You were ramping HVO expecting millions of pounds of contracts there. I was warning of the red flags.

What happened? They crashed from 30p to 5p today on the red flags I warned about.

Worth a trade given it's being ramped.

Cash is the concern here.

Vikr

" Let it sink in, Pharma companies of all descriptions and existing CROs are definitely taking note."

Wake up from that over playing the potential.

Can you provide evidence existing CROs are definitely taking note?

It's worth a punt on the back of it being ramped by you and others but lack of cash is a big concern.

Gtc,

"“Cash Position has improved since period end ”"

That means nothing. An extra £1 is an improvement!!!

By stating a vague statement that cash position has improved since period end, it raises more questions. They should have stated what the cash position is.

As per my previous assertion, they have a very low cash balance. I maintain, unless they sign significant contract very soon, they will need a placing over the coming months.

Debtors owing money could take months to repay.

As expected, the sp continued to fall.

The point some of you fail to see. I've posted company newsflow, red flags with links. The red flags were there for all to see. The rampers, such as Hallsworthy, have no clue hence why they were buying/ramping at c30p.

As per my assertion, the current red flag is the new facility was largely paid for by clients. That, I see as a red flag.

The sell price was '26.6p', as per my assertion.

The points some of you fail to see:

1) Once confidence is lost, it takes a long time to regain that trust.

2) It's nearly end of year. One £5m contract won't be enough to prevent a placing. Previously they spent c£40m on projects and fixed costs, like leases.

3) The new facility was largely paid for by clients. Those clients would want the new facility to continue at a certain level, even if the company wanted to close it or significantly reduce the capacity.

I don't think they have enough cash to continue at the current rate for another year.

Without more significant contracts, I believe they will need a placing over the coming months.

Gheko

"And for all those reasons, folk buying at these prices will be handsomely rewarded as the deals start to flow. "

Some of the rampers were saying similar at c20p... the sp is now down, as expected.

Those who were gullible enough to follow these rampers and brought at c20p now need 50% rise just to break even.

Strictly/Wigan,

To back up my assertion of HBs will need to sell unsold new builds at a significant discount.

TW did exactly that recently. They build 34 affordable, social housing, homes which were unsold due to a cancellation. TW then offered them to the council at a significant discount, otherwise risk unsold property on their books and potentially a ghost development.

TW built development.

Offered by TW to the council at SIGNIFICANT discount. 34 new build, social housing flats.

Social Housing already built at very low margin. And these sold at significant discount, to avoid empty for prolonged period of time, ie ghost development.

Flats to be bought by council for social housing

"Empty flats could be bought by a council for social housing after a deal to manage them fell through.

West Northamptonshire Council said it hoped to purchase 36 apartments in the new Buckton Fields development in Northampton.

They had been built by private firm Taylor Wimpey as part of a Section 106 agreement with the authority, in which developers make contributions for the local community.

They were meant to be rent-to-buy affordable housing, but arrangements with a private sector affordable housing provider did not go ahead."

"It would "avoid the risk of these units standing empty for a prolonged period of time", it said."

A council report said the buildings had been offered to the authority for a "significant discount" and a conditional offer had been accepted by Taylor Wimpey.

https://www.bbc.co.uk/news/articles/c5ypxexkzq7o

Building tens of thousands of new builds without confirmed buyers risks leaving many unsold new builds and ghost developments.

Building so many during an uncertain property market risks property prices falling faster.

No HB would want unsold new builds, so they would have to discount any unsold property, either by lowering the price or offering more incentives.

The more unsold properties they have, the deeper the discount they will need to offer.

That reduces margins, profits and cash.

I think we'll see more and more unsold new builds and ghost developments over the next couple of years.

I think we'll see 40% price drop, peak to trough, in some property prices, as there was during GFC in 2007.

Asking prices fall the biggest. New builds command a significant premium, can be 20-30%. During a property price crash, those premiums are likely to significantly reduce.

I believe we're heading for GFC Mark 2

There's nothing stopping authorities to compulsory purchase land from HBs, who are hoarding land and therefore, keeping land prices high.

By using compulsory purchase, authorities will persuade HBs to either build or risk losing their land banks so those smaller HBs who want to build can.

Lots of trader talk.

That is the real problem here. Look at the previous spikes, traders come in and sell, whilst trying to convince the gullible to stay invested. The sp then dropped back, backing up my assertion of pump/dumps.

If investors were truly invested, they wouldn't talk or worry about current trading.

As per my assertion, they were pumped/dumped to 20p. Anyone who bought last month would be at heavy loss.

They are worth a punt at current levels. Best to sell before the pump/dumpers do.

HVO still crashing down and the same rampers moved here. On HVO I was saying sell at 26.6p, now 6.5p... my opinion based on company newsflow and red flags, which I repeatedly posted throughout the past couple of years.

Mmhater

"Nice to see you finally accepting this company has potential."

I've said before they have potential but there's also the huge risks. The potential is in the price, the risk aren't.

However, I don't agree they have the huge £100m potential by Xmas that is ramped by some on here.

I believe they need another placing if they wish to take the company forward.

It's easy to trade hyped companies, as I proved on HVO, Polb, Byot, Trmr etc.

My posts are there for all to see.

Gtc

"FAB news to see on this Monday morning, should be nothing holding back the NCI contract now they get back up and running."

So you think they will announce significant revenue contracts within the next few weeks, 2-3 weeks.

Really? I don't they will announce any significant revenue contracts, even by Christmas.

Humpalumps

"I'd expect to see the SP up a bit once the US government shutdown ends which seems to be fairly imminent "

Will it? Can you provide evidence that the end to the US shutdown IS imminent? You're making it up, as according to news, it's entered it's 40th day and there's no signs of the shutdown ending.

https://edition.cnn.com/politics/live-news/government-shutdown-flights-airports-snap-11-09-25

Once the shutdown ends, the departments will have to catch up with workload. You think the 1st thing on their minds would be NCI and FAB, really????

Realistically, catching up after a lengthy shutdown can take months. Look at covid, when organisations shut down for a short while.

"AK will want that NCI deal signed ready to go above the line with optimal at the event in December it'll be a key point he'll be mentioning"

How do you know what AK wants and what he WILL mention? You're making things up.

MMhater

"The company is expanding and getting new contracts and just one royalty could be worth more than the whole company. Let’s not get started on if a company wanted to take over Fab"

Lots of IFs and Buts.

How much cash have the company got and is it enough to see them through to getting significant contracts so they don't need any more? They had around £250k, didn't they? I don't see that as much cash going forward. for instance, how much are AIM listing fees? The costs would be rising...

There is potential but the cash is the concern.

Optimistic

"Cash runway til year end 2027."

They said same a year ago...

FACTS. Company Newsflow....

2024, a year ago. TU.

They stated:

"Cash runway until H2 2026, ie until next year!!!! AND NO plans to raise cash.

8th Oct 2024

"Cash continues to be carefully controlled and, as set out in the Company's FY24 results announced on 5 September 2024, based on internal estimates the Company has a cash runway into the second half of FY26. The Company continues to seek to achieve cash neutrality during that timeframe and has no plans to raise cash through an equity placement."

https://investorhub.fusionantibodies.com/announcements/6568461

19th Nov - just 5 weeks later. Cash as of 30/09/24 was £0.4m(£800k lower than 6 months earlier, 31/03/24)

" Cash position in the bank at 30 September 2024 was £0.4 million (31 March 2024: £1.2 million) with a further £457k owed by existing debtors"

https://investorhub.fusionantibodies.com/announcements/6636471

They then had the Grant awarded.

AND a contract win in Feb 2025, generating $250,000.

"Work in relation to the CLD Project is expected to commence shortly and last six to nine months. The Agreement is expected to result in Fusion generating revenues in the region of US$250,000 by the end of 2025."

https://investorhub.fusionantibodies.com/announcements/6816239

Despite stating in Oct 2024 that they had cash runway into H2 NEXT YEAR, 2026, ie next year

AND winning a $250k contract in Feb

AND being awarded a grant,

they STILL raised over £1m in a placing in March, 6 months ago, THIS year.

"Placing to raise approximately £1.17 million (before expenses) through the issue of 17,365,228 new Ordinary Shares (the "Placing Shares") at the Issue Price, of which approximately £0.57 million is conditional."

https://investorhub.fusionantibodies.com/announcements/6868372

Why won't they need to raise more funds in the coming 12 months?

Trout

"This will pop and move up soon, those that are left behind become the next set of derampers"

You were suggesting similar not long ago on HVO .... Whilst I was warning of the red flags.

What happened? HVO crashed from c30p to c6p today.

FAB are low on cash, as evidenced by their updates. Read the company newsflow.

Without any big contracts, they are likely to need a placing.

Scinv,

"You ignore the fact that you've saying the exact same things on ups and downs"

Unlike the pump/dump, who constantly changed their posts to fit the narrative, I was consistent throughout.

The shares crashed because of those red flags, I was warning about. Lack of growth, Chairman dumping all his shares etc etc

Cash is their big problem now. The new facility largely paid for by clients is a huge red flag.

Without any big contracts, they will need a placing.

Read the company newsflow. It would have saved making yourself look a fool.

Where is the ramper Hallsworthy, who was ramping these at 30p???? He was completely clueless.

Thinice,

"The share price was realistic relative to the company’s turnover, pipeline and strong balance sheet prior to the recent downturn, so nothing remotely hyped there."

No it wasn't.

The company was talked up.

Pump and dumpers ramped it suggesting IIs know more than the sitting chairman.

The red flags were clear as I've repeatedly stated

The sitting chairman dumping his entire holding whilst the company was being talked up.

The new facility was largely paid for by clients. That is a huge red flag.

Growth rate slowing significantly.

From the company newsflow, it was obvious there were signs of growth slowing. All any poster had to do was to follow company newsflow and not blatant baseless ramping by pump and dumpers.

As to Trump's agenda. The huge risk of consequences of Trump winning and his policy was there over a year ago, when the sp was 25-30p...

My suggested sell was at 26.6p...

Trout,

You were ramping HVO at 30p with the same.

Your comment...27th Sept 2024

"IIs buying means the market comes to them"

You obviously sticking by your assertion of market following IIs. The opposite now applies that with both HVO and FAB, IIs selling..

https://www.lse.co.uk/profiles/troutisout1/?page=34

Stan

"Not a huge reduction: 330,000 sold. Value estimated at £45k"

"Maven is part of their overall shift away from AIM to private."

The shares are illiquid, few trades move the price.... That was my point as to why the sp spiked on lots of small trades.

If Maven are moving away from AIM then they are likely to sell more. The question is whether Maven will continue to sell down and therefore, there'll be selling pressure on the sp.

Given the supposedly strong outlook, you would expect significant buying by IIs.

My assertion was this was talked up pump/dumpers... They have disappeared...

The hundreds of small trades, by the pump/dumpers, to push the sp higher aren't there anymore either..