The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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Yes, that £160 trade on close was very telling today.
5p?
someone paid close to 7p today.
Monday might be interesting.
I topped up after reading brands post.
This is my last top up, news soon I hope
Good effort EFT. You've made an 18% return today.
Afternoon Dudio are you saying you've be confident of further investment at 5p but not at 5.86 ? Hardly a ringing endorsement. I'd encourage anyone who still believes to top up now - as news is long overdue and it must land in one form or another in the next month.
Rarely post, but just topped up today to bring down average price.
The science is there and surely RM must have a duty to respond to SH, unless hands tied by a 3rd party - read a lot of posts on here,but legal obligations?
Thanks in advance
Can the trolls keep on trolling? I really fancy topping up, but want the SP to drop below 5p again.
So, come on lads, do me favour will you?
Feels like a new era, 1 trade this morning.
Someone knows what is happening!
The CEO has got this covered!
"and more importantly shows incredible data to back up its patient identification techniques".
work for AZ after all. Like Sakura.
I would lower expectations that the company will share commercially sensitive information like this with just anyone. You could work for a competitor after all.
Thanks Elsol. Gloomy and realistic for where we are now - in this news vacuum. Things could still change dramatically for the better if Syn is about to tell us P2s are starting in H1:- and more importantly shows incredible data to back up its patient identification techniques. If we get a further non specific delay the game is up
Yes the Target Price estimate of 8p is not worth the paper its written on. For an analyst to issue an 8p/ share valuation today and was it c. £ 10/ share valuation in early 2021ish for the same underlying asset is crazy even given some material market changes and a delaying clinical knock back. On 'average' the analyst may have a better answer but lets see what evolves and how much of said upside we can capture alongside a greedy big pharma partner. .
Could you say that in English for the CSE Grade 2 Maths crowd please E
DB broker report appears v. v . prudent because they assume 50% probability of an IP fire sale (2m value) and 50% commercial DCF going concern value. But the 13 p/ shr of the go to market going concern is tiny tiny tiny value and looks held back. It was an optically aligned excel maths squeeze out. Plain and simple so disregard it IMHO. It's meaningless relative to the option value the this stock has now become.
Although Synairgen missed the H2 2023 suggestion. As far as I’m aware every other trial they’ve met near enough the timeframe they suggested, so that was very much an outlier.
I see no point in getting wound up about a deadline that as yet has not been missed.
If H1 2024 does not materialise I will expect a clear explanation and a disclosure of the plan and how much has been completed or an indication that they have partner negotiations which are subject to an NDA.
Simple silence will not suffice.
But as yet we are still in H1 and if the trials have not begun our finances should remain sound. So I remain calm waiting on either an update or the year end results.
One way or another we will soon have some answers.
A business operating as a going concern is expected to trade for 12 months or more without any threat of liquidation. Going concern means it does not appear that the company is at risk of closing due to insolvency but instead is expected to survive and thrive.
SNG have a decent cash balance, they may be short to complete
the trials if there is a delay, but I don't see an issue as a going concern
this year. Next year who knows!
I invested in Oxford Biomedica in the mid 90s. Alan and Sue Kingsman. Been a disaster!
"never materialised". I'd qualify that with a hefty "Yet".
My position has not moved DocDan. One outcome does not limit the other from being possible. I would assume that something is going on. And that they cannot update us yet.
Nice one Brand
"In addition to multinational pharmaceutical corporations, the UK has a thriving biotech sector renowned for innovation and entrepreneurship. Biotech companies like Oxford Biomedica, Synairgen, and Immunocore are at the forefront of developing cutting-edge therapies, including gene therapies, cell therapies, and immunotherapies."
https://valiantceo.com/the-pharmaceutical-industry-in-the-uk/
Edit again h1!
Agreed Tommy - the company still have 7 full weeks to land the trials before end of H2 or will the goals post be moved again noting the trials didn't start at end of 2023 as previously stated.
April 2022 onwards discussions about platform trials and new trials never materialised.
The cave will need some oxygen (money) soon therefore we will get an update when it suits the board.
" This report should also include the "going concern" portion which Spacman has mentioned on a few occasions "
Thanks Wigster - can you or anyone else who might know about this express an opinion on the "going concern"
issue. Is Spacman correct that Synairgen may need to exclude the P2 trials in some way to pass this test ? We were told sufficicient funds until at least September but when they said this it was with trials starting in the winter, and I guess being over by now.
Fruits I notice you've moved from " they'll update us when they have something to say " to " unprecedented radio silence means something is going on "
My opinion, for a long time, has been that the longer they go without getting started on the P2s the more likely they will seek a JV at least to ensure the money doesn't run out mid trial
FnV - an NDA is certainly a possibility and would certainly explain the total radio-silence. Fingers crossed if there is a JV or TO in the offing that it's very favourable to us long-suffering shareholders.
The company quoted H1 of which we still have 8 weeks remaining.