Ray 09.3221 Dec 2018 17:27
Evening ray, everyone ! Just looked at that document again .. it sets scancell apart from many other biotech’s I’ve looked at on aim ... it really is worth printing off and going through .. everyone has the ability to understand some of it !!
I feel for long term investors in VAL .. the dilution has been toxic ..
Whilst it is necessary , I think scancell has kept a lid on it and managed to raise significant amounts of cash without the same levels of pain at Val.
When I first came across scancell there were 196,000,000 shares in issue .. so the numbers have almost doubled ... but that’s taken 7 years ... what have scancell done with the funds raised? I’d say quite a lot !!
It’s an efficiently run and organised company in my opinion and it’s IP is huge.
Am I still happy to follow its progress and increase my holding? You bet I am !!
Take care all and seasons greetings !!