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BLT, BENITEC BIOPHARMA LIMITED
plastic
post Posted: Jun 11 2021, 07:35 PM
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Just three weeks to go to Independence Day. Biden off to the UK for a G7 meet. Still no North Atlantic FTA.
Advanced market commitments model being put into practice.
Exciting times.




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What did Uncle Mel do to us?
 
plastic
post Posted: May 27 2021, 08:10 PM
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Strange goings on across the board today. Big volumes and price spikes. Right at the end of May and end of reporting.

Perhaps something is about to finally go down.

Long weekend in the US. Memorial Day. I still think we will have to wait for the big one on the Fourth of July though. Five weeks for that.

At these prices BNTC could offer up the chance of a lifetime if ARWR, ALNY and others are anything to go by.



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What did Uncle Mel do to us?
 
plastic
post Posted: May 13 2021, 08:31 AM
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Weird. Just weird. Plus zero percent during the day. Plus 17% after hours.

Can anyone explain that one?




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What did Uncle Mel do to us?
 
plastic
post Posted: May 12 2021, 03:34 AM
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Where will they go next year?
QUOTE
Our corporate headquarters and our research and development facility is located in Hayward, California, and consists of approximately7,295 square feet of leased office space under a lease that expires in June 2022.

Last years annual report states Nant as being the only shareholder with more that five percent. Execs, employees and staff own about six percent. But since the last annual we now have a bunch of new shareholders with more than five percent. Mystery men in Luxembourg and Cayman Islands and other US funds.

What is their purpose?
I don't know exactly but I would not at all be surprised if this disappeared from view altogether before being repackaged and relisted in the future. These people aren't buying in because they are charitable by nature. The only other alternative is for the share price to reach for the sky.




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What did Uncle Mel do to us?
 
plastic
post Posted: May 11 2021, 07:53 PM
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Another mystery fund with its master based in the Caymans buys into BNTC. All very mysterious.


https://www.sec.gov/Archives/edgar/data/000...88/d8849683.htm




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What did Uncle Mel do to us?
 
plastic
post Posted: May 11 2021, 05:05 AM
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With the exception of BNTC, everything is down down down. ALNY is fifty bucks off its highs. Everything is looking exhausted and weak. Can't be long now before the worm turns. Super sleuth Charlie McFarley could be on this case.



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What did Uncle Mel do to us?
 


plastic
post Posted: May 7 2021, 07:23 PM
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These are comments from the ex-CEO of Silence Therapeutics, another gene silencing company based in England. Before they were called Silence they were called SR Pharma. They conducted trials which were a terrific failure, with Daiichi Sangyo out of Japan. We have seen much from Takeda in the gene silencing space but none from Daiichi. That the ex-CEO of Silence is saying this, perhaps he knows a little something and Daiichi is about to play their hand in unison with its partners.

QUOTE
Ali Mortazavi@AAMortazavi·May 5Bios... need a takeover. #xbi

QUOTE

Ali Mortazavi@AAMortazaviI think this has been the news that the market has "known about". Buy the news opportunity coming up over next few days. #xbi

QUOTE
Ali Mortazavi@AAMortazavi·18hMy #xbi nausea indicator is getting high. Time to buy.




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What did Uncle Mel do to us?
 
plastic
post Posted: May 4 2021, 04:02 AM
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Here are the details of the cap. raise. Price is down again today. Lincoln Park are known shorters. Wouldn't be surprised if this falls foul of the minimum price and market cap requirements of the NASDAQ in the end.

https://finance.yahoo.com/news/benitec-biop...-015500360.html

QUOTE
HAYWARD, Calif., April 27, 2021 /PRNewswire/ -- Benitec Biopharma Inc. (NASDAQ: BNTC) ("Benitec" or "the Company"), a development-stage, gene therapy-focused, biotechnology company developing novel genetic medicines based on the proprietary DNA-directed RNA interference ("ddRNAi") platform, today announced that, due to demand, the underwriter has agreed to increase the size of the previously announced offering and purchase on a firm commitment basis 3,036,366 shares of common stock of the Company at a price to the public of $4.25 per share, less underwriting discounts and commissions. The Company has also granted the underwriter a 30-day option to purchase up to an additional 455,454 shares of common stock at the public offering price, less underwriting discounts and commissions. The offering is expected to close on or about April 30, 2021, subject to satisfaction of customary closing conditions.




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What did Uncle Mel do to us?
 
plastic
post Posted: May 1 2021, 08:34 AM
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In Reply To: plastic's post @ Apr 13 2021, 02:04 PM

QUOTE
School holidays this weekend. As my broker mate once said to me, forget about school holidays. Nothing ever happens during school holidays.


They finish this weekend. So far, he is right on the money. But that's not hard when nothing happens at all for ever!




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What did Uncle Mel do to us?
 
plastic
post Posted: Apr 30 2021, 12:00 PM
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This explains a few things of whats going on recently. Lincoln Park were the buyers. Not a good sign.

All it really says is, business as usual.


https://www.sec.gov/Archives/edgar/data/159...526d1_sc13g.htm


QUOTE
On April 27, 2021, Benitec Biopharma Inc. (the “Company”) entered into an amended and restated underwriting agreement (the “Underwriting Agreement”) with H.C. Wainwright & Co., LLC (the “Underwriter”), relating to the sale of 3,036,066 shares of the Company’s common stock, par value $0.0001 per share (“Common Stock”), in an upsized, firm-commitment public offering pursuant to the Company’s effective registration statement on Form S-3 (File No. 333-253259) and related prospectus and prospectus supplement, in each case filed with the Securities and Exchange Commission (the “Offering”). The public offering price is $4.25 per share, less underwriting discounts and commissions. In addition, the Company granted the Underwriter an option to purchase, for a period of 30 days from the date of the Underwriting Agreement, up to an additional 455,454 shares of Common Stock at the same public offering price.

In connection with the Offering, the Company agreed to pay the Underwriter an underwriting discount equal to 8.0% of the gross proceeds of the offering and a management fee equal to 1.0% of the gross proceeds of the offering. The Company has also agreed to pay the Underwriter (a) $50,000 for non-accountable expenses, (b) up to $100,000 for reasonable, documented fees and expenses of legal counsel and other reasonable out-of-pocket expenses and © clearing and settlement fees of $15,950.

The Company estimates that the net proceeds from the Offering will be approximately $11.3 million, or approximately $13.1 million if the Underwriter exercises in full its option to purchase additional shares of Common Stock, in each case after deducting underwriting discounts and commissions and estimated offering expenses. The Company intends to use the net proceeds from the Offering for the continued advancement of development activities for its product pipeline, general corporate purposes, and strategic growth opportunities. The Offering is expected to close on or about April 30, 2021, subject to satisfaction of customary closing conditions.

The Underwriting Agreement contains representations, warranties, indemnification and other provisions customary for transactions of this nature. The representations, warranties and covenants contained in the Underwriting Agreement were made only for purposes of such agreement and as of specific dates, were solely for the benefit of the parties to such agreement, and may be subject to limitations agreed upon by the contracting parties. Pursuant to the Underwriting Agreement, the Company and its directors and officers agreed, for a period of 90 days, subject to certain exceptions, not to offer, sell, pledge or otherwise dispose of the common stock and other Company securities, without the prior written consent of the Underwriter.

The foregoing summary of the Underwriting Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the Underwriting Agreement, which is attached hereto as Exhibit 1.1 and incorporated herein by reference.

A copy of the opinion of Proskauer Rose LLP as to the legality of the shares of Common Stock to be issued in the Offering and related consent is attached hereto as Exhibit 5.1 to this Current Report on Form 8-K.

Item 1.01
Entry into a Material Definitive Agreement.







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What did Uncle Mel do to us?
 
 


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