The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Hood, should you be here. You really are as thick as mince.
Were you never told to stick in at school.
You posted here on Monday along the lines of, I am off to Disneyland with my family with the gains from your losses. I looked for the original post but it has been deleted with the other 1000's of your posts. What kind of human being are you. I feel sorry for your family really. I think you may be off to cuckoo land.
Try and look after yourself as I guess that you are not in a good place at the moment.
I doubt I’ll regret that buy. It could go lower but I can buy more. It’s about leverage. If there is a leverage, will my previous ‘cut’ put me back in a better situation than I was before? Almost certainly so. You crack on. I don’t need to run a few accounts, flaunt rules, be duplicitous or a total twunt. I buy when I want, I sell when I want. What others do is up to them. I’m not so shameless that I feel the desire to try to influence people.
My largest tranche last time came at 0.185p, pre-consolidation.
Currently were circa 50% above that, although I prefer to look at % of market cap as a true valuation of shareholding. I’ve bought today but I’m now sitting on the fence before I determine my next move.
A rights offering? I just don't believe it.
my bet is suspension. let RFO or RFO or whatever they are called (or whoever they sold out 2) dump their shares, clean the slate then suspension.
and during that suspension period SAR will finish 1a, take a breather and work out what to do next.
but...we shall see.
Hood, your not even professional in how you come across, your embarrassing at times, the Good Samaritan my ars-
‘ sog
take responsibility for your actions and accept that your ramping people into this share has cost them financially. some people have probably lost more than they could afford to. some people are probably suffering significant impacts on their lives as a direct consequence of your terrible advice.
nobody is financially worse off as a result of reading my posts. anyone who has taken heed of what i’ve said is likely to be significant financially better off.
there are some facts for you, jinky.
hth
rhoa’
i will take you to task here.
people buying shares aren’t on their ****. it’s disposable income. i chucked in £5k today.
people that come on and advocate shorting, as you have done, are exposing people to potentially unlimited losses. buying a share limits your losses to your initial exposure.
enjoy your short. enjoy your trip to disney. you can’t buy class.
I love reading Advfn for fun. I love that I/we can live rent free in their heads. So much of their time spent repeating what is said on here. And for the advfn guys. I don't know what is going to happen. I've bought anyway and you know, it might just turn out great. I'm a free rider BTW, like a lot if the LTH so, technically, I will have lost nothing.
Hood.
'I hope you aren’t naive enough to truly believe that by banging on about how amazing the science is, readers won’t buy more shares.'
People still buy whether they read my posts or not.
How many people do you think you have taken your advice and sold and how many have not bought shares to you constant forecast of doom?
You make a statement that Sareum.need to raise money to continue trials.
On reality they only need for phase 1b which is around 6 months.
How can you make such a bold statement then admit you know nothing of the science, ie compounds potential worth and importance of data.
That best laugh of the day. Go and play with your buddies over on ADVN.
You must be their mouthpiece as they are inadequate to post on here.
Night night and be very careful.with that bow and arrow sonny.
‘Hi Meg - I've previously mused that the BoD take a lower salary with bonuses based on share performance as a way of focusing their business minds.’
I’d be in favour of that. So long as the consolidation price is the datum point…
Hi Meg - I've previously mused that the BoD take a lower salary with bonuses based on share performance as a way of focusing their business minds.
I agree Damion that the next RNS has to bring clarity but I don't know what the timescales are with regards to a rights offering e.g. if they announced one tomorrow, are they able to say it will take place on, say, 8th April or does it have to be within a day or two of the announcement? This is why I wonder if they'll just say they've enough money for the moment but then issue another RNS at the end of next week to declare a rights offer - I'm presuming at this end of the financial year most punters will have used up their ISA allowance so it's maybe better to wait a week or so and do it for the start of the next year when punters maybe have the funds to support it.
LOL. I had the same with my first post on here, everything got converted to lower case. I had written my post in notepad then copy/pasted it across. It noted it happened with the ‘UndesirableVerminofAIM’’ at one point too.
Without wishing to come across as being obtuse, I expect a LOT more than them being on a reduced wage until the end of 1b. The increase in wages need abolishing completely. Their balls up, not ours. A period of pro bono after the utter car crash that they’ve created is the MINIMUM I expect. No shares in lieu of salary as they should categorically NOT get bucket loads of cheap shares for something of their own making. They should only ever get their old salary back AT BEST after the drops they’ve created and that’s ONLY if they deliver true shareholder value.
Oh, they may do well to realise that ‘shareholder value’ does NOT mean being able to buy more shares for your money.
The 35k ‘sell’ @ 14.1 late this afternoon was a buy. It was mine.
They need to lay open the RNS warts and all otherwise they run the risk of making things worse / not forgetting they had sight of RF finance issues back in January and no finance update since....
Reported stolen: capital letters, last seen on a computer screen just moments ago. WTF?
i presume rf are dumping shares simply to maximise tax losses for the current financial year ahead of whatever their own plans for readmission are. there was some apparent confusion posted the other day about whether riverfort were rgo or not, from the related rns the finance ****fest was with, "...riverfort global opportunities pcc ltd (the "investors" or "riverfort") as arranged by riverfort global capital ltd..." (perhaps their understanding of the word 'investor' is different to mine.)
anyway, in a best case scenario i think we'll get the interim results tomorrow stating they have enough funds to get the 1a data readout and this will form the basis of a new funding arrangement. this will buy the bod a short space of time. they could then do a public offering in the new financial year - punters getting cheap shares that they can have straight in their isas. if they take this approach i think they could get enough money to see us through 2024 & p1b. the bod would do well to also say they're on a reduced wage bill until the end of p1b.
as others have pointed out, the majority of shares are in the hands of punters and we want a fair return. as long as the bod don't act like weasels we can all profit.
if everything works out and new finance allows the sp to rebound then it might be worth remembering the cgt allowance for the next financial year will be just £3000 so if anyone has any shares (not just in sar) outside of an isa it might be worth getting your act together. this is not financial advice, just an observation.
fasten your seatbelts for tomorrow, it could get bumpy.
"If the UK government was serious about supporting UK businesses and startups...."
Oh Mr. Potnak you are a caution-'aven't laughed so much for a very long time!!
The Drones who inhabit that House of Shame on the Thames just spout rhetoric about the subject-in reality they don't give a Donald.
If the UK government was serious about supporting UK businesses and startups. They'd clean up AIM. No shorting, access to government unwritten short-term loans, better tax breaks and better protection for shareholders. The threat of prison for dodgy directors should sort that one.
I have been reading about the LSE in general and the destruction of Company valuations is rife across the board. It isn’t just Sareum. Larger firms are de-listing and re-listing elsewhere. TUI to Frankfurt etc due to low valuations. Direct Line has rejected a low ball offer as have other Companies. Private Equity firms trying it on. The analysis was done by….PH..well they would know wouldn’t they. More defections will follow. Even GGP.
The insider dealing and general disdain for genuine shareholders is driving investors and Companies away from LSE. I fear that hedge funds and shorters are killing the goose that lays the golden egg. We can’t all be wrong
Just waiting for the after-hours volume now. But it looks like RF could've offloaded another 200k or more, hopefully more.
Yes, the ask has been close to 14 most of the day so most are purchases for the brave, myself included with a tiny top up.
There all buys today over 13.5
16011 shows as sell
Out of all the scenarios i played out in my head. I think the same. More meat on the bones and details of the steps taken so far. Hopefully finishing with, we have enough funds to get to 1a data readout.
Unless they have inside information of course. Same applies to the Easter break - I suspect there has been a concerted push to get the sp down further ahead of buying back and closing out.
That being said I am not expecting much by way of information tomorrow, just a regurgitation of the facts from the last RNS but with more specifics. I sincerely hope I am wrong and we get an absolute stonker- not holding my breath though as, personally, I would release good news next week.
Just bought 16011 let’s see how that shows
Yes, and for all their Bravdo. I can't any of our new posters leaving a short open overnight. The chances of a 7am RNS is high.