We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Woodland, your probably right but when you are already 100k ish down it makes you a bit nervous about losing more.
Chart looks really strong uptrend
Nicely, assuming you are genuine, might it be worth you buying a few shares at 30p to reduce your average / breakeven? I bought in years ago at 1.44p so 73p new money then when the Wrap was happening I topped up at 10.5p so 0.21p old money. I think this could be your solution.
Nicely you are spot on with your first part.
36p
Expecting big day today.
No idea, I need news to take this to £5
Nicely, when is the news due then?
Yes on news
Strong buying into close yesterday, expecting big things today.
£3.25 rns pending
Still great entry.IMO.
Nicely, IT CAME DOWN IN A STRAIGHT LINE FROM 105P OR HAD YOU NOT NOTICED?
I will go for 51p.
Based on where we sit financially with no reliance on RF and a million and half plus in the coffers.
News due soon on SDC1801 phase1 data.
Update on CCT245737 due anytime.
Regards
Fully anticipated.
Nothing goes up in a straight line, there has to be a re-trace at some point, traders take their profile share price pulls back, buyer come back in price rises, its how the stock market works.
@nicely......you do make me chuckle pal.
gla glth x
I will go for 20p
I'll go for a Friday closing price of 31p
Thank you Sadoldgit for posting that summary, and your view. Very appreciated of your time.
And I'll take a look through the board for historic info too.
Look forward to 8am.
Your such a delusional fool and I understand why people block you.
Good morning cupacoffee.
Suggest you look at RNS,s
Sareum experienced a problem with MHRA approval for SDC1801, now Sareum had tested in preclinical with 30 x treatment dose with no adverse effects.
MHRA requested more clarification, but exactly what this is we do not know.
Cut a long story short it has subsequently entered phase 1 clinical trial in the land of down under.
A further setback was Sierra Oncology returned the license for 737 back to the CPF at end of 22.
No reason given but l do have my views on this.
Subsequently SRA737 has now been on licensed to a US private pharma of which the details are not disclosed. I believe the signing of the contract is still yet to take place.
Most difficult set back was Riverfort Global finance equity release deal.
The price of Sar dropped from around 300p per share and with set backs by MHRA and delay, the return of 737 the SP suffered taking to around 105p.
Deal with Riverfort in August 23 caused a rapid decline of SP due to the finance described as a death spiral.
In effect rather than pay back loan in cash they take shares at a discounted price plus fees and options on top.
The more the share fall the more shares that have to he issued and the process continues until nothing is left.
Look at Riverfort finance and how companies have been devastated!
Sareum due to the terms contained within the contract could not draw down a further 300k
Share holders many of which are here raised under the WRAP offer 1.2 million pounds of which initially were capped at 300k pounds.
As a result Sareum now have sufficient funding to complete and evaluate phase 1a safety data in SDC1801.
A matter of a 2 to 3 hundred thousand pounds remains owing to Riverfort. We the rising shareprice shares will be issued to RF as they request. They have been off loading shares at a rapid rate.
The result the RF finance no longer has a stranglehold on the SP and the price has risen from a low of 10p.
To achieve the appropriate value Sareum had prior to Riverfort and the number of additional.shares issued you are looking at circa 70p per share which should be easily achievable.
News of the WRAP funding and non reliance on RF death spiral finance has removed the devastating downward pressure of Sareum.SP
Regards
This just strong buy and hold for substantial reward.Company will decide.
This used to trade 450p and now 27p.Way over done stock.Now everything is back to track.seller cleared.Trial results due.asset payment by big Pharma due..This looks win win situation for investment.DYOR.
Given you are on this board just read the threads....