Member Info for Troutisout1

Bluegrass, The format of these message boards can lead to people answering someone before you and not the direct post before, if you look back someone called Mazerunner was stating (wrongly in my opinion) that LC sale was essential for the cash situation.

They really don't scream Maven.

There are two sell trades 70k ish that weren't delayed, so they look like a rollover, the rest look like PI sellers, again we have a lot of £10.01k sells, that doesn't scream a broker working a sell order, that suggests a PI placing a sell order of £10k with a tenner in costs. IIs don't pay costs on each part fill.

This was around the 12p level 4 weeks ago, it went back up in an OptiMAL launch inspired spike and has now seen some profit taking and dare I say recent purchases being sold as they start to lose money (stop loss, etc).

The other day the clearest of signs that Maven were out was the large trade which had the last 5 digits of their previous holding, in other words they had sold down (been filled by their broker) in even amounts and this was the remaining shares left.

What you are seeing is the wave effect as a large holder sells out, new buyers buy their shares, these new holders (some of which are traders), then sell out when they start seeing profits and a peak in the SP. This effect will dwindle but will be evident at the moment with T20s expiring and people closing positions before Christmas.

Err because there were 3x 50k sells, MMs react in a dramatic way and drop the price and then rise it when buyers come back in.

MMs happy they have accelerated trade, buyers happy they got a cheaper price, sellers happy as they wanted to sell.

This is a very normal holding pattern when there has been a rise in SP and now going through a consolidation phase.

We all eagerly await the next news even if we all have different views on what that may be. It's very nearly Christmas and a New Year beckons. Just enjoy that.

That sell was to pay for the tax on his options that he exercised, if he exercised now he would still have to pay tax but a much smaller amount so would have kept more shares.

"Of the 6,440,119 options exercised, Mr Khan has sold 3,062,246 ordinary shares of £0.001 each in the Company ("Ordinary Shares") at 17p per Ordinary Share to meet the exercise cost and tax liabilities. Following this transaction, Mr Khan's holding in the Company is as detailed below:"

At least we are not in the "Constuction" phase.

I bought some yesterday, but there is no appetite from PIs as the SP has dropped and people will wait on the touchline to see if it drops some more. That is the nature of people, trying to get a bargain. Of course you have to be very quick and very lucky to get the bottom of a trough and so some people like myself will try and average into, buying in lots and hoping the average price remains as close to the trough as possible but also having the benefit of waking up and seeing a blockbuster RNS and knowing the Price has not escaped you. Each to their own, I am happy to hold a decent amount of shares here and will keep adding as and when I am able to.

Sammybow, didn't your earlier post answer your later question?

"Traderboy - DVH stated on here that he’d sold in October on the way up during the first decent ride before 1p. Think his average was around 0.30p and he got 2.5/3 times that back so think he was very happy. It’s sometimes very sensible to have a strategy and not be too greedy."

I am no tax accountant, but would think there may be tax reasons when dealing with such a large value of shares, not sure of Aussie Rules (the ball game as well) on tax, etc but both will be in for large bills, sometimes best to clear them early (especially when at the last UK budget CGT was in the frame to be increased).

Well I managed to grab another million just before the close last night and hope to add more shortly, as many have said, they were going to sell out t one point and this has given many a chance to add at lower prices. Has anyone questioned PW on X or seen any posts from him to see if he has sold all?

They can't afford them? Many trade on long dated settlements.

They don't want to hold for any length of time.

Fickle investors will always see another stock where the grass is greener.

Top slicing/profit taking the recent rise in the last few weeks and the long term rise over the last year will have left some with a disproportionate amount of FAB value in their portfolio and they may want to rebalance.

Christmas, bills, tax reasons, treating themselves to a new car, holiday, microwave.... There are hundreds of reasons for investors to sell a share they think may still go up in the future.

One person's sell is another's buy, so it doesn't matter in the long run, the main reason though is a profit is only a profit when it is taken!

What pattern would that be?

Aldebaran,

They actually recently pointed out they have more cash now than in those results, recent Broker note states that cash burn for this half is forecast to be £20k per month and they are forecasting an 80% uplift in sales, so the Company is very close to breakeven, it also has access to two grants and the FMI for use of it's facilities, equipment and staff. This would not have affected the first half as much (started half way through H1), as the second half of the year so margins will be up.

All in all I think they believe they have enough cash to get some meaningful contracts in. However the last two placings here were done at a 6% discount and the last one earlier this year at the previous day's closing price. There is no shortage of Institutional Investors wanting to hold FAB. I wouldn't be worried about a placing, if it is done with the right investors, there doesn't need to be a discount, I don't think they will need much cash and it would give me more headroom to add more stock here.

2 weeks ago, it closed at 12.5p, so it dropped a little today as traders sold the news, it's still up 30% in a fortnight...

If you're worried about a daily drop, then you really haven't grasped how sooooo good it is.

London, You are either of a very nervous disposition or like to dream up every scenario and ask about it.

Try looking ahead a little and work out the investment proposition in the future. Peter Wale crossed the 3% mark over 3 weeks ago that could even mean he had sold completely out by then, There has certainly been enough selling pressure to believe that both Wale and Peters and the Warrant holders (their pals) have all but sold out. But they will do soon if they have some left.

Slurm excellent post!

KennyJ,

They both had to RNS their different % earlier this year for the placing adjustment, these are definitely because they have been selling/sold out

I think most felt you were a fool for thinking we cared about what you did...You are an anonymous person on this BB no-one knows if you held, hold, traded as you say or for how any shares, you are inconsequential to almost all on here, I say that because I have replied to you, but this will be the last time.

Well they dropped the price but no getting very difficult to buy at 17p, no quote for 10k.

Peter Wale went under 3% over 3 weeks ago, that could mean he went to zero before then, as many people don't announce until they have finished selling/buying and the fact he was 3 weeks late shows he has no respect for the rules.

I would suspect they are very close to both being out maybe 25% of their combined holding left, it will be noticeable as the trading pattern will change when they are close to being fully out or indeed out.

No TRENCH, but look at the times of the posts and then the times of the buys, why would anyone that knows PYC try and day trade it? However the EQT thread is a new one for Laura to pump on, note how many times Laura points to supposed successful recent investments, if you can't see the ramping then you are probably part of the ramping problem, even turning a blind eye to it, makes you complicit.

Laura, we all know (even TRENCH) that you are reading everyone's posts, so stop pretending you have filtered people.

If you have any questions just ask them and I will reply, you might need to be a little more researched if you are going to score any hits though. FAB have over £1m in grant money to draw down on, have reduced their cash burn considerably, have a better cash position now than at the end of September, have increased incomes going through in H2 and as I said below are launching their OptiMAL platform in San Diego now.

If they did raise then I would suggest it would be with no discount and go to IIs as before, that would not bother me as I was quite happy being the 5th largest holder and now am the 4th largest holder, I don't mind dropping down the table.

Absolute Chalk and Cheese there Laura as you know. No sure why you have stopped mentioning the peer, you used to.

You came on the FAB BBs on 4th December 2024 telling everyone to get into PYC as it was the next best thing, blah, blah, blah...

You did that, no-one asked you to come to another BB to pump your own share book.

On the morning of 4/12/24,

PYC opened at 0.675p,

FAB opened at 4.2p,

Close of both tonight was

PYC 0.285p

FAB 17.5p

Both Companies have had placings since,

PYC placed for £500k at a 37.5% Discount, no major buyers, only RNS after was a reduction in Ryan Mancrief's holding.

FAB placed for £1.17m at zero discount and vast majority sold to IIs as shown in RNSs and all those still held.

As for IP platforms, PYC are several years behind FAB on this, FAB are announcing the commercial launch of their platforms tonight in San Diego, ably assisted by Dr Mitchell Ho, one of the World's renowned scientists on Antibody discovery and who in his role at the US National Cancer Institute has spent 2 years validating the platform and has produced unheard of results (so impressive they NCI want to licence the platform for continued use).

In the meantime have either of the studies for PYC actually started in earnest? They were still recruiting when I last read about them and delays have hit both, it is a long and costly road to get to commercial launch...