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BLT, BENITEC BIOPHARMA LIMITED
plastic
post Posted: Oct 7 2020, 06:30 AM
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SEC has issued their Notice of Effectiveness.

BLT has issued their prospectus.
https://www.sec.gov/cgi-bin/browse-edgar?CI...p;owner=exclude




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What did Uncle Mel do to us?
 
plastic
post Posted: Oct 4 2020, 07:59 AM
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Definitely a nasty capital raise coming up. Hence the filing of this.

Also, there is no mention of any Melbourne office in the following documents. So the redomiciling of BLT must be complete. Probably brought about by a IP transfer or some other almost impossible to see act.

Guess the fate of BLT now rests with the SEC granting a Notice of Effectiveness. Otherwise this share will drift under a buck and eventually be struck off the bourse.

BLTs story is a sad and sorry one unless you were a insider. Just look at PFs largesse. Quite sickening tbh.

https://www.sec.gov/Archives/edgar/data/180.../d11440ds1a.htm



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What did Uncle Mel do to us?

Said 'Thanks' for this post: rubra  
 
plastic
post Posted: Oct 4 2020, 03:55 AM
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Down 37% on Friday trading in the US. With 40 times the regular volume!!! Thats 60% price destruction in two days.
No reason for it that I can see. In which case it can only be someone getting out quickly ahead of bad news or a naked short attack to ensure a cap. raise on the cheap.

This management have been sell outs since day one. Time they went.
What a mess!




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What did Uncle Mel do to us?
 
plastic
post Posted: Oct 2 2020, 04:33 AM
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For no reason, BNTC crashes 23% in the US overnight.

Things can't be good.




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What did Uncle Mel do to us?
 
plastic
post Posted: Oct 1 2020, 05:14 AM
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While we live in hope something may come soon for this sector, there is always this. I wouldn't be surprised if the entire year ends with nothing having happened anywhere.

QUOTE
J.P. Morgan 39th Annual Healthcare Conference (#JPM2021) will begin onMonday, 11 Januaryand ends onThursday, 14 January





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What did Uncle Mel do to us?
 
plastic
post Posted: Sep 23 2020, 05:27 AM
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One other thing I can't figure out is, how does a company redomicile to the US but never leave its Melbourne office?

Its like, what does redomicile actually mean?



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What did Uncle Mel do to us?
 

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plastic
post Posted: Sep 19 2020, 08:00 PM
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Can't get past the US military's involvement in MRNA. Using the atom bomb as a guide they are not averse to just pushing the red button with new technology just to see what happens. Could be that is how Covid came about.



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What did Uncle Mel do to us?
 
plastic
post Posted: Sep 18 2020, 02:27 PM
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Apparently, Moderna's vaccine trial outcomes are about to be delayed for longer analysis of the data. This leaves Pfizer's vaccine as the leader.

It will be interesting to see what happens if they should emerge victorious in their quest to be first with a vaccine. If they do "win" it means they will be out of Merck v Integra safe harbour provisions and into the commericalization world. That means royalties and licencing fees to somebody.

I don't think that somebody will be BLT though. PYC possibly.




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What did Uncle Mel do to us?
 
plastic
post Posted: Sep 15 2020, 08:23 AM
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In Reply To: plastic's post @ Sep 12 2020, 07:05 PM

Somebody likes something. MRNA and ALNY up about 7% each. BNTC dead in the water. Must be a reason for it. Why would they "redomicile" to the US and keep their cupboard office in Melbourne.

None of it adds up except for the fact that there is more pain ahead for shareholders who have already been done like a kipper. But if you were a new shareholder coming in then its probably a good time to buy. There exists the caveat that whatever develops out of Covid vaccines may leave BNTC absolutely dead in the water and ripe for the picking.


https://www.sec.gov/Archives/edgar/data/180...8/d11440ds1.htm



QUOTE
We are offering shares of our common stock. Each share of common stock is being sold at a public offering price of $ per share.

We are also offering to certain purchasers whose purchase of shares of common stock in this offering would otherwise result in the purchaser, together with its affiliates and certain related parties, beneficially owning more than 4.99% (or, at the election of the purchaser, 9.99%) of our outstanding common stock immediately following the consummation of this offering, the opportunity to purchase, if such purchasers so choose, pre-funded warrants in lieu of shares of common stock that would otherwise result in any such purchaser's beneficial ownership exceeding 4.99% (or, at the election of the purchaser, 9.99%) of our outstanding common stock. Each pre-funded warrant will be exercisable for one share of our common stock and will be exercisable at any time after its original issuance until exercised in full. The purchase price of each pre-funded warrant will be equal to the price at which a share of common stock are sold to the public in this offering, minus $0.01, and the exercise price of each pre-funded warrant will be $0.01 per share. This offering also relates to the shares of common stock issuable upon exercise of any pre-funded warrants sold in this offering. For each pre-funded warrant we sell, the number of shares of common stock we are offering will be decreased on a one-for-one basis.




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What did Uncle Mel do to us?
 
plastic
post Posted: Sep 14 2020, 08:21 PM
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The HK dairy company I keep an eye on has still not released the final decision to delist from the HK stock exchange. After more than ten years of suspension and a final appeal on the final appeal two and a bit months ago there is still just nothing. Not even from the PWC guys after being appointed as liquidators, still nothing. Neither a delisting nor a liquidation. Just more than ten years of suspension.

Something a bit fishy here.

https://www1.hkexnews.hk/listedco/listconew...20073101215.pdf




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What did Uncle Mel do to us?
 
 


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