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£174 is the punt and you thought that worth posting, as a sign of better times ahead?
You're spreading confusion. You have as much idea as to what is going on as anyone else on here.
He is a liar and a rat.
He knows that of course.
They have based their entire career on “taking us all for a ride”?
I hope it goes well for you but what have they risked? They have taken all of us for a ride in stupidly believing in what they were saying with us shareholders losing thousands whilst they have continued to be paid extremely well. What have they risked? Absolutely nothing.
Hi All - I have decided to make a small punt this morning 900 shares at 16.4 on the basis that I cannot believe that the directors of Sareum will have risked many years of hard work & shareholders money to have put themselves in a position of putting themselves & shareholders into the 'last chance saloon'.Fingers crossed for a positive update this week.
LSE why are you allowing RobinhoodofAim to post here as he he a liar and a rat as evidenced on 100's of occasions.
You fail miserably in achieving the poor standards you set yourselves.
No chance
Sflf
the trading results should, we would hope, give us an indication of how deep this mess is, and a forward look, something more than 'exploring possibilities etc'
However I'm not as despondent as you seem to be, despite being in the red, just... I can't see Tim/John letting this fail when so close to the finishing line.
All the talk of big pharma offering them roles etc...they are of an age where they should be wanting a payday to retire on, not a monthly pay cheque...hence my belief that things will be resolved, to all our benefits, maybe not as much as we hoped but such is life...
1. Potentially bodes well for SDC-1802 when/if we get it moving into trials (decent data on SDC1801 is of course critical, not just for 1802 but the whole ball-game!):
Targeting TYK2 alleviates Rab27A-induced malignant progression of non-small cell lung cancer via disrupting IFNα-TYK2-STAT-HSPA5 axis:
https://www.nature.com/articles/s41698-024-00574-1
2. Of mice & men.... discussed here many times with some excellent data shared previously; if TYK2 inhibition is helpful in T1D treatment, the potential rewards are huge:
Pharmacological inhibition of tyrosine protein-kinase 2 reduces islet inflammation and delays type 1 diabetes onset in mice:
https://www.biorxiv.org/content/10.1101/2024.03.20.585925v1
ATB all Genuine posters, fingers crossed we can look back on this period from a far better place in the months to come.
An interesting week ahead. A 4 day trading week this week and next week. I wonder if there will be any positives in the publication of the results. You'd expect that we'll get clarity this week as to the true gravity of the situation, and an insight on the strategy to fix it.
I have a feeling that this is going to be very negative for us existing holders. I don't see much of a way out of this mess without significant dilution........ And the business can't continue without fresh capital.
Earnings are due next week, so let’s hope for some good news beforehand.
I’m sure they are working on something Silver and that trial Data is due anytime, good data is very important.
Sorry £6 million raise not 7.1 million ! I was thinking 71 million shares at 10p but then thought 8.5p more likely!!! I’m sorry I have a cold !!
I’d raise £6 million .. 71 million shares at 8.5p and get the job done to get us through 1801 1b and 1802.
"Assuming they raise £2.7m, which is the shortfall on the Riverfort CLN, that would be another 54m."
Assume they raise less - again the RiverFort full whack was to finish 1b (I think, damn this story is not one I know all the ins and outs of) - if they revise their plans, they can revise the finance.
I'm well out my depth on this discussion!
The only thing I have a feeling about is this is a very bad year in which to be raising money. I think a few AIM companies are keeping their heads down and waiting for interest rates to go down before they go to the market. Anyone who can tread water will be treading water - my 'idiot' theory is raise money to finish 1a then raise again in better times. But I haven't been following the ins and outs of 1/1ba and I have no idea if they can just stop at 1a without incurring any costs or issues.
That’s definitely possible, another rodent.
You make sense there xviolet.
They could raise a placing if indeed it is needed to complete 1a.
Personally l think they have enough for end of 1a, but as Damion suggested would require the money for the trial so they can recuperate the 1.6 million tax credits at mid July.
Should they reach a stage whereby all data is recieved and proves satisfactory then a placing to a higher value maybe required unless a deal is struck with an on licensee
Regards
How many of these do RFO have....from the RNS...its quite a lot. I must say its seems to be a very badly worded RNS - or maybe its just me, I struggle with the maths on this. I'm just gonna guess its a few £100K worth and will be quite a drag on the sp if they dump the shares. once again I can only hope that whoever comes in to do the placing will do a deal to buy the warrants. But I guess they'll impact/drag the sp a bit at some point whoever has them.
Warrants aside if we assume they are placing to finishing 1a and 1a only and get some working capital it might be a small placing - £500k to £1 million. The RFO facility was for a more ambitious £5 million to finish 1b. If they forget about that for the moment then perhaps we can look at 1a only and then do another placing or JV on the results. Or hibernate for a while - because by 2025 we might see more favorable markets.
From the RNS...
The Investors will also be granted a number of warrants equal to 45% of each deposit divided by the relevant Reference Price. The exercise price of the warrants payable to the Company will be a 40% premium to the relevant Reference Price (the "Warrant Price") and with a 48-month term ("Warrant Term"). Accordingly, RiverFort will be granted 879,094 warrants at the time of the First Deposit, exercisable at 143.33 pence each.
· Should the Company undertake a share placing during each relevant Warrant Term, the Warrant Price will be reset to the placing price if the resultant Warrant Price would be lower.
TBC
You say you don’t want a tit for tat but your first post I think it was opens fire with insults… what did you expect?
Same old method - start of by reasonable words which most can resonate with and then open fire with insults to posters who take the time out to research and share…
Wouldn’t surprise me if you’re linked up with our resident rodent
And why do you feel the need to start posting now?
Actually don’t answer that… I know why
I've no intention of getting into a 'tit for tat' with you SOG and Carter. You clearly enjoy the conflict.
I expressed my opinion. I don't claim to speak for the masses. However, with regards to the 'worth' of my post - I guess that will be subjective to each individual.
I also think that people can see for themselves how you quickly react to criticism and different opinions with spite and bitterness. It suggests to me that rather than a forum you want an echo chamber for your views.
Wise man.
No, l was not talking to you Hood.
You are worse than a rat Hood.