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.
1) They have admitted they need to raise. No one sends their advisers off asking for funds just for fun, they do so because they need money. Last placing was Sept 2022 I believe at 14p, today it sits at 4.15p.
2) "in response to incorrect bulletin board comments regarding a speculative placing price and resulting unusual share price movements, the Board has decided to not proceed with any potential placing at this time." Utter tosh !!! if you need money, you need money right. You don't pause because of an anonymous bulletin board chatter. IMHO the reason they have temporarily paused the placing is that there would have been an avalanche of complaints across social media and into the FCA to investigate if they had announced a placing the day after the share price collapsed 40%. I'm sure ROQ doesn't want the FCA knocking at his door.
3) They still need money, so the placing is as they say postponed "at this time" which leaves it open for ROQ to lie low for a month until the market feels this has blown over and then go for the placing. Note, those people now under water ain't gonna forget the 40% drop in 2 hours, sp ain't going anywhere special before the placing. I wonder what price they will be able to get the placing away at now everyone knows the placing is postponed at this time?
4)"will update the market when a binding agreement is entered into." They just went looking for money, so they ain't just about to sign a deal are they???!!!!
So you’re not a holder - are you just creepy or bored? Go for a walk, write a novel - holders are ok looking after their own interests I’m sure. Thanks however.
But I was caught out in the exact same situation as this with APTA.
They told the market they needed funds, then placed at a 90% discount
I’m not saying this will happen here and I seriously hope not for holders
The CEO holds a lot of stock and doesn’t want to dilute himself or holders down here so go spout your sh it somewhere else.
Are you two a tag team? Ps spoken to bel this am and he hasn’t sold or intends to sell any stock. See his post on X. Also if you continue to post this stuff you could land yourself in a libel case so shut it and give mummy back her laptop. You’re not even a good deramper.
After admitting they’ve ran out of cash before getting the placing away is amateurish
I’d suggest all holders sell and re-buy after the placing
I hope not but some recent placings have been at an 80+% discount.
Fcuk off you scummy bottom feeder .. to low to place thats the point of the RNS!!!
The longer this goes on the lower the price will be, They just need to get it out the way as soon as possible
They could have probably got 4p yesterday, now it’s looking like 2p or lower in my opinion. They need
To sort it in the next 24 hours
They go from board to board doing this, same names every time .. scum ...yawn
I see the trailer trash are here trying to scare people into selling for a trade .. boring.
deal still live and the current market cap is tiny:
'As previously announced, Roquefort Therapeutics remains focused on completing an out-licensing agreement during the course of 2024 with potential Big Pharma partners and will update the market when a binding agreement is entered into'.
This is poised for a raise a lot lot lower, stay short.
The guy seems to be on a emotional roller coaster. This is what happens when you play big boy investor in illiquid plays like this. Any raise now will be nearer 1p than 5p. Disastrous two days here. They need to raise by looks of rns. Don't be fooled by 'main listing' - it belongs on AIM imo.
No mention of cash they have, we were thinking of doing a placing and not now, plus the offer is 5.5p not 4.5p so not worth the risk for me buying in. Good luck to those that do
No placing great news and deal still live - back up. Investigation required as to seller.
i see you're all over this like a smear of ****. what a sad way to live.
Market know they’ve ran out of cash and will drop the placing price even lower now
Delist - pull the other one buddy haha
No placing apprently .. should get RNS tomorrow
Wait and see, the only thing it has going for it was the appearance of a distressed seller, once the mm's know somebody with size is getting out at max online at each bid level they tend to all work together to screw them over so a small amount of stock say 1 million can have way more of a reaction than normal. They do this with me when I try to sell in stocks I hold size. So it is possible it's this but I've seen so many massive discounted placings in this sector that any company suddenly after money gets butchered. RNS one way or another in the morning
Rare you 35% drop on nothing in a few hours ..
Well better not be a discounted placing after saying a deal coming for months and months. Either way they need to say 'no reason for the drop' in an RNS if its nothing to steady this.
W
makes me very nervous. hope just a ****ed off seller, and not insiders selling due to a failed deal.!!!
Distressed forced seller, who knows, had to buy more at this level, Skin in the game and all that potential. Just keep it in the SIPP and hope for the best. Low float moves it about so fast. Hopefully nothing and it moves back up
Did something leak?