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that holdings tns yesterday evening....there was no reduction in their holding at all
placing...forward sold?
Warwicklad. I was told the figures on lse are useless.
Advn saying volume 10,226,729 today
Hope I've got that right or I'm going to hear about it for sure!
According to figures on this site:-
# Trades 1,797
Vol. Sold 2,137,741
Sold Value £1m
Vol. Bought 2,145,718
Bought Value £1m
Thanks for clarifying :-)
@SGD sorry I read that wrong. it has just started NOT completed. It is likely the other test centres are part of the same phase.
OK, it's just that saying "completed" was a bit confusing. It didn't mean the IIa trial (or even the treatment of the first patient of 100) has been completed?
And here too...
https://pharmaphorum.com/news/synairgen-doses-first-patients-with-covid-19-drug/
Article says "Richard Marsden, CEO of Synairgen, commented:
“We are delighted to get this trial underway with the dosing of the first patient."
@Zebra04 "In this case that was completed on a single patient."
Just wondering, where did you get that from please?
They have not sold any shares. It's just a percentage adjustment as the float number has changed. It appears they are holding till results as am I.
Given the exceptional circumstances the study is being fast tracked. Phase 1 of a study is used to assess the safety of the drug. In this case that has already been proven using SNG001 in COPD studies. Phase iiA is used to test the efficacy of the drug on a small sample size, that is whether it actually works. In this case that was completed on a single patient. Phase IIb extends that to a larger sample size which they are doing with the further trial centres.
Studies only progress from iiA to iiB if they show promise.
Gl to all.
fill your boots time, i had a few today, i will have alot tomorrow
Smokingjoe please read Bella652’s comment before you make any more comments! They have not sold it was an adjustment due to the new issuing of shares!
This is a very positive RNS and will reflect tomorrow!
dosent look like they sold any, mixed comments on this, just adjust percentage due to placing
Smoking
They haven't sold a bean.
Adjustment for share number in issue.
SamJSung...Totally agree, I was expecting Link to follow Licht and free up funds to cover the placing. They haven’t, that is a massive mark of confidence. They may derisk a few on the way but then they will be cognisant of the impact on the SP. The only way you can sell such a substantial stake even say 5% without a SP wobble is OTC That’s an option or more likely they know they can offload the whole lot to AZN! They seem very chilled; nudge! nudge! wink! wink! Of course people don’t get a heads up before they stomp up £14m at 35p for shares they paid 6p for! Heresy. All imo!
I will be adding again tomorrow, trying to get to 200k before 80p, I’m just a bit OCD with round numbers!
Trek
Unbelievable that they haven’t sold any given the situation with Woodford. Maybe in discussions with a strategic investor looking to take the entire position off of them.
Trek... This was going through my mind... With Pressure on Link to return cash to Woodford Investors ( They had the Woodford Holding transferred back to them on the 17th October 2019) they have held tight with a substantial holding and not sold a single share, even though SNG has risen substantially from lows of about 6p to current 61p . They must be strong believers in the future.. !
Placing shares were admitted yesterday so their percentage of the new total shares in issue has gone down. Its just a recalculation NOT A SALE OF SOME OF THEIR HOLDING.
It’s a % change from the placing so you add their placing shares to their existing shares and then to the new total shares to calculate the new tr1 % but to save you all time working it out the x the box.....
“An event changing the breakdown of voting rights”
Trek
what does this mean?
MASSIVE NEWS - LINK HAVEN'T SOLD A SHARE - WHY IS THAT???
An event changing the breakdown of voting rights X
Trek
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/SNG/14485991.html