Replies to post #806640 on NorthWest Biotherapeutics Inc (NWBO)

[SkyLimit2022]

seekazy,

“We still have no idea what Advent is worth”

Fact ✅️: YOU do have an “idea” about what Advent is worth. You told us (before it was announced that Advent would become a wholly owned subsidiary of NWBO):



NWBO Acquires Advent

“not even a mention at the ASM”

Fact ✅️: Advent was “mentioned” at the ASM on Monday, & Advent was mentioned at last year’s ASM too.

[exwannabe]

Speaking of Advent, the change in financials from FY 2023 to FY 2024 was stunning.

In 2023 Advent reported earnings of about $10M (US) on rev of about $25M

In 2024 Advent reported revenue declined a bit to about $20M. OK. But earnings went to a staggering loss of $25M. That is a $35M swing.

Oh, and fixed assets (which would trigger a forced reporting if over about $5,5M) dropped from about $8M to about $3.5M

Book value dropped from about $30M to about $3M

UK Company House for Advent Bioservices

Something happened, My bet is value transfer to Advent-Unity.