RE: Markets stating to move up7 Apr 2025 18:18
Rat, ME’s VAL investment is in his pension (and partners and business name) l believe so a non-starter in terms of tax relief sadly, so all those of years contributions are gone whilst underwater so he is hurting too, not to mention the pressure of the role plus in terms of salary, he will get whacked higher rate tax so a case of people in glass houses!
The options as l see it as a layperson to get the cash in:
1. CLX is being fast tracked and I would now ramp up to the hilt and ensure it is being super, super fast tracked to get an early deal in 2025 despite what the scientists say as this is pounds, pence and survival, even if discounted from its full potential.
2. OR……do a very quick deal on 201 with these people in Taiwan or any other parties even at a significant discount to THX’s deal to get some coppers in the chest
3. OR….. we know we will get updates very shortly on the new SPV (Stingray?), on the PC (201/CLX) SPV and also on clinical progress with CLX - all of the above should l hope push us past the magical 1.3p warrant strike price which will bring in close to £5 million or part if exercised.
So quite a few options for ME and choosing the path of least resistance or a combination of the lot l am sure he is looking at.
We also have a number of unknowns and bonuses which have helped cash flow to date such as grants, tax credits, lab income.
So as Viera says, we are trading at circa liquidity, so no accounted for any value for any IP both new and legacy or the lab income and its various assets such as the 4000 vials .
GLA NAI DYOR
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