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Further more looking back at market capitalisation, on a 68M vs 108M my simple maths indicates a 75p share value on a like for like basis. Of course we are still moving forward.
Forget 50p, where my £3 coming.
If we hasn't had the bloody loan shark, we would be above this.
Can anyone simplify the shares issued from the start of the RF funding.
We had 68 M shares in circulation, we now have 108 M in circulation a 40 M swing. A massive dilution, this affects share value for obvious reasons.
Well you can buy at 42p currently, so i guess the headline spread is about to drop
42bid got the sellers a bit excied first thing
Without news SP should trade between 60-75 which was the range as per market cap pre RF fiasco.
There is also buy shown 47 at 7.30
43 to 44 currently
This week I think!
Bill
How soon?
Gla
CORRECTION is what we are witnessing Lsesar.
1801 may not get a chance to be factored in. We should be multiples of this minus rf and this whole farce.
And a £ billion market cap is around £9.20 a share now compared with £14 a share back in 2021 (the fabled 28p a share target at that time).
Smart_inv - the 737 fiasco is painful to recount, and did as much damage as the RF deal in my opinion. It languished for years on the shelf and the final nail was its return by BIG pharma. In my view regardless of where we are with 737 any news related to it is likely to have a luke warm reception. The most likely news on the 737 deal will be disclosures about who the licensee is (probably some small fry pharma). This is why I don’t want to see another license deal. I think the majority of share price is largely based on the expected positive results of 1801 (1802 is too early in its pipe line to have any real impact on our share price right now). All bets are on 1801 and I think everyone can see where we are headed with the imminent results release finally starting to be factored in.
Not to forget these valuations at that time were when we were not into phase 1 though 737 was with SO which could have been factored into the price. In my opinion, these valuations are easily achievable on positive results. The further movement will be triggered by licensing and 737 payments.
Just catching up on this thread and can share my figures. From the records I made at the time:
The maximum mcap occurred in August 2021 when SP hit a high of 457.5p (equiv) and was £308m. (These are based on closing prices, so interday SP would have been higher.)
So today's SP would need to be £2.85 to achieve this mcap.
I think this is a realistic first target for those in for the long haul. (After all some of us have been here over 10 years already!)
Boyasaka You sound like you believe in the potential of Sareum.
Almost irritated at the progress in sp. Can't decide what you are doing. So will you sell your 8k at double or will you hold because you believe like everyone else the mcap is worth hundreds of millions.
Some could have easily taken their capital at 20p and left the equivalent amount in profit. Also a worthy option.
Or let SAR do what it historically does and mulitbag after multibag. People might think covid is back. Some Millionaires have invested at multiples of this. We are the lucky ones.
Am not selling a bean till the fat lady sings
Lseser
Thanks for your logical and common sense approach
Nothing is guaranteed and I have no idea of the percentage of recieving good results Vs the percentage of these results not being good
It's a gamble for everyone here ,many on here have questioned and been amazed why anyone has sold already ,some people have doubled there money here in the last month or so
Invested ,doubled it and cashed out
That is brilliant for anyone to do
Profit is profit and those who take profit generally so much better than those sat on a loss or 50 percent up hoping they gonna 10 bag
I sure to hell hope it ten bags from here to a MCAP of around 500 million
That would make me about 80 grand ,but I'd be also very happy walking away with doubling my 8k investment as you say hopefully over the next few weeks this can keep moving up and get to maybes what ever one would class as a reasonable MCAP of around 100 million
We were 70 million before RF came aboard. We are further forward with 1801 and 737 has been on licensed to an unknown company.
One pound a share to me is still low. Confirmation of satisfactory safety data is what is required at the moment.
Not far away now. On the plus side we are doing well in the absence of RF. Clearly they have a reputation or indeed an agenda.
I would be happy for a 5% rise per day over the next 6 weeks.⁰
Regards
I agree. We are much ahead in the game compared to what we were then when HNWI invested. Even if we take 50% discount we should be at least at 100 Mcap with SP nearing £1.
Boyasaka you raise some very good points. The whole market capital value is ridiculous. I think we’ll slowly climb to a more reasonable valuation in the next few weeks prior to results. When I think about the business savvy of the board it does worry me. We already have a deal with 737 and if you look at the total upfront payment (ignoring we’re only getting 27%) it’s hardly transformative. As I’ve said before my personal preference is for the board to just sell lock stock and barrel. Anything over £500m would make a lot on here wealthy. The Likelihood of the board striking a £billion deal - I don’t know. Hope we get to £1 before results which would be a good foundation to start another climb pending a deal announcement or even a milestone payment from the unknown 737 licensee (although it will likely be just an update of who they are) - here’s to a great week
Thank you Dr zed
I have always been positive here and remain so. We all just require hard data from the trial to support our enthusiasm and the share price increase we are all anticipating. All bets are off then as the permutations become endless
Apologies boysuka, if you are a holder. Nothing is guaranteed but I be stunned if our data is not great and basically we will be screwed
These lot on charge don't know much about business but science, they know fantastically well.
We should kick ass in posrisis and the fact we can increase dosage 30 times the allowed dose and no side effects is amazing
Am sure sadoldgit has commented on posrisis link and why.we going after this indication
This molecule kicked the leading psoriasis drug in laboratory trials, as thoth caught.on, all them years ago.
It's coming along.nicely.
That’s what happens on aim, many Companies are 100,s of millions and the rest in issue.
Good Evening
Total Number of shares following RF warrants exercise 107945783, so let's round it up to 108 million.
In terms of peak market cap it was in excess of 330m, whilst it was certainly frothy, I wouldn't dismiss it all together as the last HNWI invested at over 7p (£3.50 new money).
The market cap was over over £200 million at that time and IMO SAR's worth should be closer to that than our current Mcap, given the progress we've made so far.
KR
ZA