Member Info for Traa-dy-Liooar

Taken a time but it has commenced.

This was only blunted by peel selling their large holding, it never got over 4p. they have long gone. The arbitage between here and weshop listing in US is ridiculous. Then there was the concern over the bond debt but that has previously been extended and no doubt will again. That is were we are at now. Awaiting bond extension..

Looking strong into close wanting 2.2. News ?

Doesn't seem to be much progress being made. Guess it will drop news out of the blue one day, when that is, is anyones guess.

MMs too creedy - opened it up too high with ridiculous spread. few trades.

This deal is subject to approval given the it being a Hong Kong entity (National security Act) by no means a given. Also it is on fumes for funding going off last full year results. A co supported by the benevolent owner.

At 16.10 for nearly 5mill at 1.65. Hopefully seller clearing. It should be due, time will tell.

Interest seems to have diminished, people awaiting bomd update. Looking at the charts seems a good time to buy. We know the BoD are 'exploring options' to address the debt and that the bond holders have, on previous occasions been amenable to extending the bond repayment date. It would be nice to get an upadte on the bond before the AGM. It would certaininly add some impetus to the share price.

Julys raise was at 12p for over 870k and todays 1mill at 9p .2 shares for 1 warrant at 15p. Not a great direction of travel but that is the miserable markets that we have atm. Really like the concept and makes simple sense. The dosing due to start q1 and they may have some early indications on tolerance etc. Also awaiting further updates on US and prostate progress. Management are very aligned. That said, as in common with all such clinical co., the cash burn is large. They look to be chewing through 1.5 to 1.8 mil a year (had 1.28m at beginning of this year, raised the 870k in july and had 900k at 12.9.25 in interims - also had grant moneies} I note they didnt give a time runway for this million. The Clincal trial in q1 willabsorb a large amount.

Https://www.lse.co.uk/rns/POW/high-court-approval-of-share-capital-reduction-j8cw8q6ggkfcgvz.html

It was all old known news about the bond. unfortunately buyers have thinned out. But it will boom when they clarify the bond being extended, further updates from weshop etc and it will no doubt be at a premium to buy on the news day. Have a few just for these pivot points and will add if drops further into the ones.

Letitrun - yes all a bit futile. Especially as it seems to coincide with the big II selling drawing to a close. Games a foot no doubt. It will undoubtedly be renegotiated and put out to the back end of 2026. There will be other drivers too, but these will be upadates from weshop progress in US. Content to hold.

When there is this large disconnect there will always be avenues for all interested parties to sort the most beneficial measures to every entities position.

I am looking forward to WHSP providing an update on their US ops They seem to have hit the 'sweet spot' with investors who like the model. Now, if this initial interest progresses into hard numbers, other far larger competitors may just take them out. That is the way with the large corps. Interesting to see the progression.

Second seller. Res Privta NV. Fair chunk they have off loaded

https://www.investegate.co.uk/announcement/prn/wecap-plc--wcap/holding-s-in-company/9254870

Bought back in - in anticipation of some good news flow.

The sp drift is not helped by the vacuum of news. Most would welcome an update on the UK plants performance and progress of other plants. Also a the timeline for US listing. The sp has the feel of the air slowly escaping. Come on BoD give us some news.

This is still firmly in the hands of Peel. They accummulated the shares round the 1 mark and have made nice profit thus far and will probably continue to sell down. Personally think they still have a sizeable chunk, perhaps 35 mill. The problem here will be if it continues to fall, buyers may become exhausted particularly if there is no news to drive the price. It will run at some point but that may be some way off yet.

If presssed. Maybe 40mill

Its still Peel. No way were they out. They had 63m to dump after mondays notification. Reckon they still have a good few to go. There was 15m in two trades at lunchtime. They are not very subtle at dumping.

https://www.investegate.co.uk/announcement/prn/wecap-plc--wcap/holding-s-in-company/9246543

Expect another TR1 soon

Once they are out however.....

Being held down by a big seller-probably Peel Hunt who hold 18.4% - although it will be considerably reduced given this weeks trading.