Netscientific Share Discussion Threads

[blakieboy7] 28/5/2024 07:15

Following various fundraisings and strategic changes to the Wanda business as detailed below, the NetScientific Directors believe that the Wanda business has now been materially de-risked, having made significant commercial and operational progress, underpinning significant growth prospects, placing it in a stronger position than in 2019. The Board is accordingly delighted for the Group to be in a position to re-acquire a strategic stake in Wanda, providing it with exposure to the fast-growing remote patient monitoring market. The Investment is in line with the Company's strategy of deepening stakes in selected portfolio companies with high return potential.

[loafofbread] 28/5/2024 07:05

Another decent deal for NSCI.

Wanda on the books as 90% CUA valued at £3.6M. We have no direct holding.

We now have 30% direct holding so worth £1M+ (see above)

£150K upfront fee.

£100K a year management charge. (£8K month)

[kingston78] 24/5/2024 08:58

When this share goes down on light volume it is mainly to do with MM's widening spread to 4 p. When it goes up the spread becomes tighter at 2p or less. You can say that there is actually no movement.

[loafofbread] 21/5/2024 07:15

Interesting tweet/X out last night from Netscientific.

Charles Swindell is presenting at the Jefferies Health Care on June 4-6th, talking about Glycotest and ProAxis.

He runs Glycotest and he hasn't said or done anything for at least 5 years.

Is it safe to assume we will have some positive Glycotest news beforehand otherwise he won't have much to say other than talk about 4 years of delays!?

[loafofbread] 17/5/2024 12:29

Finally, a nice move up on the bid.

[blakieboy7] 17/5/2024 12:25

That's better, now let's crack 70p and beyond

[loafofbread] 16/5/2024 16:42

70,000 of straight buys today. That first 15k moved the offer up.

Interest slowly returning.

[1gw] 16/5/2024 13:38

In PDSB's 1Q 10-Q report, filed yesterday, you can see that they used their "at the market" sales agreement to sell 3.4m shares into the market at an average price of something like $5.70/share in 1Q. They raised $19.5m this way, which is great for their cash runway, but obviously acts as a headwind for the shareprice.

"During the quarter ended March 31, 2024 and 2023, the Company sold 3,428,681 and 553,293 shares of common stock for a net value of $19.5 and $4.6 million, respectively, pursuant to the Sales Agreement."




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[kingston78] 16/5/2024 11:51

I hope that Fosan will bid for the whole of Glycotest. That will be a quantum leap for NSCI.

[loafofbread] 16/5/2024 09:31

The MMs do love their delayed trades in NSCI!

[loafofbread] 15/5/2024 18:32

NAV is £44M vs £15M MCap

I think the risk/reward is as good as it gets.

Glycotest is valued in the books at £11M and we are finally close to a read out. Could be worth £5M or £50M if the test works and Fosan want full control.

ProAxis worth £8M. since then received another £500K in funding grants. Might go for £10M/£15M with a fair wind.

Downside fully protected but upside is potentially massive.

[loafofbread] 14/5/2024 12:21

Vox interview much better than yesterdays Proactive effort.

Clear explanation of what's to come and how this is a win win for NSCI shareholders.

[blakieboy7] 14/5/2024 09:49

So much going on but nothing being reflected in the share price!

[sev22] 14/5/2024 09:31

NetScientific Q&A: "we're right in the middle of the action of venture capital"

[blakieboy7] 13/5/2024 21:13

hTtps://stkt.co/Z4P0GIZh PDSB presentation a few hours ago

[senttothegallows] 13/5/2024 19:37

Today's news was hugely significant I suspect we will kick on from here in my opinion

[blakieboy7] 13/5/2024 18:49

Could also do with some Simon Thompson PR

[mortimer7] 13/5/2024 10:35

great points.
think results are due imminently - perhaps there'll be some positive narrative to expand on the recent raft of good news which stirs up the wider markets.

[loafofbread] 13/5/2024 10:18

Yet again completely ignored by the wider market.

M7, I think the ProAxis value uplift from £3.5M to £8M+ might have had you opening that drawer a few weeks ago.

They won another £500K grant last week.

The sooner the company starts a share buy back to narrow the discount to NAV the better.

Once they have closed the gap somewhat they can invest elsewhere!