Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
Did they take any in the mega raise before Xmas ?
Also, I wonder what is the current position regarding the EPSA from the beginning of last year. I know we were to repay the mezzanine loan facility but the instos still had nearly 5 million of the 14 million shares they had ‘purchased’. Remember they were paying for these in monthly instalments based on the SP and a reference price. The company had requested an extension - does this mean these instos still have nearly 5 million shares they’ll want to offload some time soon ? What happened to the monthly repayments we were getting - did these stop as well ?
The joys of Foolers opaque (p1ss poor) financing schemes.
Baldrick gratitude at the end :
I would finally like to extend my appreciation to our investors for their continued support and to our strategic investors who are bringing their expertise to help deliver value for all.
I think we’d rather have something more tangible from our investment. A bit like having ‘clap for carers’ instead of giving them a pay rise.
That ‘huge’ trade was , once again, reported at the same time. As previously stated this is something to do with one of the spreadbet companies and the netting / covering of their position. I don’t know the full details but seen it previously explained and have seen it a lot of times and many other stocks, always reported around the 17.06 - 08 time.
Not an individual buy and can’t really be taken as any sort of positive or negative signal.
On your list of 4 points, numbers 1&2 will only be applicable when talking in the past tense for the last few months. Fooler will never commit to not doing a fund raise or diluting shareholders. Look at Tema and other examples where raises are done off the back of any SP rise. I wouldn’t trust him if he said there’ll be no placing in the next week !
Profit for first quarter - unlikely.
Positive news on new contracts. But that’s the thing, Fooler has been giving nothing but positive news on most contracts - or should we call them cusps - for years, but still there is jack s**t delivered. Until he announces an actual signing, with numbers and not the Tema style deception, then the market will treat any ‘positive’ words from this clown with the contempt they’ll deserve.
Bring on tomorrow and let’s get yet another anti-climax out of the way.
Seen this before. Trades around 17.06, 7, 8 ish are related to one of the spreadbet companies which generally shows there’s been a lot of activity on the day that needs to be covered.
Not an individual doing the trade or a TR1 worthy transaction.
Worth a listen. Good reality check on WSG, years of failing to deliver, seen as a family lifestyle company, should be positioned to capitalise on the pandemic but failed miserably.
As he said, WSG have a hell of a lot to do to convince the market again.
These are the results to end of December so pretty much already known.
Key is the forward looking statement. The usual Fooler guff of how company is now poised for growth with a long pipeline of active prospects. In other words ‘Jam’, none of which will be seen.
Can’t see them getting another placing away just yet. Too many were suckered in to the mega placing on the expectation of imminent transformational deals. Jacks**t delivered since then.
I reckon it’ll be back to the death spiral CULN providers for the next raise, even though we’ve only just cleared the decks of that sort of pain.
Seems a loooooong time since there was anything positive to say here, and even longer since anything made the SP fly up.
This has been range bound +-10% of 4.3p for nearly 5 months now. At least that’s better than the previous 6 months which saw a 50% decline. Grateful for small mercies, if not small share price.