Member Info for TheWednesday

Awareness may be growing, slowly, and if you actively look for it.

I think the problem with our share price not reflecting the potential represented by the latest news is simply in the way people think.

The idea that Scancell was entering the fray in terms of trying to find an answer to Covid-19 was exciting. It truly is exciting, as there is potential for this to be a truly long term answer to not only the current crisis, but also any future ones.

However, I think most people who have read this will simply pick out the fact that there does not seem to be any intention to even start trials until 2021.

The average person will be reading the news and seeing that the number of infections and deaths are falling at home and abroad. They will be seeing gradual easing up of lockdowns around the world. They will be aware that many trials for vaccines are already going on around the world as we speak.

They will probably put all this information together and think that by the back end of this year we will all have returned to work, football will be in full swing, we'll be enjoying a pint in our favourite pub and a meal in our favourite restaurant. A vaccine will probably already have been developed by someone.

In short, I think a lot of people already believe that by the time Scancell gets close to trials, Covid-19 will already simply be a memory.

I don't agree with the above by the way, I just think that a lot of people do.

Had Scancell indicated they'd be ready to start trials in July/August, we would have a very different share price now.

Doesn't help that a major shareholder offloaded 500,000 either. I know it is less than 1% of their holding, but in a lot of people's eyes it looks like a significant amount. It's not even the amount that people will see as significant, it is simply the sentiment generated by a "major player" choosing to sell that can spook shareholders.

Anyway, I'm not selling any yet as I still believe in this company long term.

GLA

He did say significant revenue would not be until later in the year, but of course that was before the world changed.

Today's RNS may alter his earlier statement.

Then again, not sure what I believe anymore

Does anyone know when they go x-div?

I have looked in the report and also the Financial Calendar in the Investors section of the website, but can only find mention of the dividend pay date being 2 June.

Many thanks

What are Vox rules on this please?

What £10m in the bank?

I'm guessing, and it is only a guess, that Fursake is referring to James's comments in the recent podcast, where he alluded to some sort of deal that was progressing, only to fail due to BIDS SP falling.

No idea what this could have been though, unless something BIDS wanted to purchase using stock. Similar to the Pubguard deal. A falling SP would have made this less appealing to the other party, or to BIDS as it would have meant much more dilution.

As I said, pure conjecture on my part.

GLA

Agreed Roley, if revenue for full year is over £0.5m I will be pleasantly surprised.

2020 is pivotal though. We need to see significant, true revenues to prove this is viable.

GLA and happy new year

In for a penny, in for a pound.

Possibly against better judgment, but I've just had a little top up. Definitely intend trading this top up though. If/when it hits 15p I'm selling these acquired today. I'll be keeping my main holding but with less exposure and a lower average.

All sounds such a simple plan when typing it out. What could possibly go wrong?

GLA and a Merry Christmas.

Totally agree Abkaz.

If only the company had known about this bit of news yesterday! Why, they could have released it alongside the trading update and helped your average investor avoid suffering some pretty painful losses just before Christmas.

If only the company had known about Milestone eh!

Still, let's look on the bright side. There may be a few people who "guessed" this right and bought yesterday. How lucky for them that this piece of news should land today.

They sure can thank the company for a happy winter break can't they?

Unbelievable.

Timing sure is everything.

Thankfully for once my procrastinating has paid off as I didn't panic and sell out yesterday. Kicking myself for not topping up though. I did think about it, but then realised I am here from the Fitbug days and couldn't bring myself to throw any more money at this.

GLA

Couldn't agree more Helx about possible update and vague message.

I was totally shocked when H1 revenue was zero, however, despite claims on here that full year has been smashed, I will not be at all surprised if full year is also nil.

Still hoping this comes good though.

GLA

I agree Big,

he did say this and I too hope we will get some news to provide some festive cheer.

However. I'm sure we've all followed or been involved with enough companies to know how they can spin things. At the end of the day this company launched on AIM at a price of 6p so even if we're at 18-20p at Christmas, I would not at all be surprised at reading a company update that summarises where we are and laud's the fact we are already a three bagger.

After all, who could argue with that. It is fact.

GLA

Not according to people with dwarfism either I would imagine.

Anyway, please give us an RNS James. A positive one that is.

Hi Chelsea,

without wishing to be too negative I have to say I agree with Bermuda. When I read the response you posted from CH my interpretation was that there was nothing there to indicate Keith Flaherty was leading anything. In fact, it comes across as though he has probably taken a step back and any involvement he has will probably be minor.

All down to interpretation of course.

GLA

I hope you're right Bielseball. That way we should soon see the SP perform strongly.

I do have some doubts though. I can't help but feel that if these were indeed anything to do with Bidstack we would have had JD tweeting about how beautiful they are, "starting to bare fruit", "we're in the game etc." I don't think he could contain himself, yet there is silence.

Confirmation of revenue is now the only thing lacking here.

GLA

Also, more than a few on here were insisting that the Fitbug offering was actually better than Fitbit.

Maybe it was, I don't know. Could just have been another VHS v Betamax scenario.

I know it was Jilson, but for a long time there was some hope that we'd get one over on them in court.

Wasn't to be though.

"which may make some readers who have been hanging around here since it's previous incarnation *"

Insert laugh or cry, I'm not sure which.

If Synge is still around he may have an opinion.

In other news, which may make some readers who have been hanging around here since it's previous incarnation, Fitbit has been snapped up by Google for $2.1bn.

Ahh, what could have been...

...perhaps still could be.

GLA

Many thanks

3%-4% is not a lot.

However, it has been suggested on here that this was all he was allowed to sell under the terms of the lock-in. This view seems to be supported by the wording of the RNS.

The question is, had he been allowed to sell 10% or 20% of his holding, would he? Only JD knows the answer to that.

Francesco sold 20% of his holding. (1.5m out of 7.25m). He does have over 20m options though.

GLA