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Plenty of support @30p the last time I looked.
You seem desperate genius ....this will not go to 20p but good luck....
Got a bit overbought and ahead of itself
Looking for 20p area to provide support after a nice run from 9/10p area
Again. If this was true, that would be an incredibly long game someone was playing. the consolidation was Dec 21. Nearly 2nd a half years ago. There is a tendency, especially in the social media, and internet age to not trust the narrative, citing they are all out to get us. When in reality, we probably had ideas above our station and the board (and shareholders)have been brought down a peg or two. I'm not saying there is no corruption as there always is but in Sareums case, we've been shown to be lacking in some areas and exposed as the AIM minnow we actually are. Big learning opportunity for me and all to play for as far as I'm concerned.
Nicely, if someone told you a snowman was white you’d still have a contradictory view.
May have a lil rise
Smart - we had the RNS yesterday. We wont get anything else.
''the consolidation was a deliberate play to make dilution and a possible take-over easier... and that they already had Riverfort in mind as the executioner''.
No prizes for guessing who the architect would have been in all of the above (IMHO) and we actually pay them a fee for the privilege! 😡🤬😡
The sooner they are gone the better!!!
Just pleased this has held over 30p, just wait for a bit news. there should be very few gaps on the way back up.
Even if the case, there are still another million unaccounted for. Probably just a nice number to sell through broker without lowering the price. We might now see 2 days of 500k sells or 4 days of 250k sells or a mixture.
There should be a ticker tape parade!
Should there be an RNS if they are fully gone now ?
RF may be out but sell/buy indicators still can be manipulated .. for example 20K Bed and ISA (68K shares) shown as 2 sells
May take a while for this to move upwards ... but are we not imminently awaiting MAD report ?
Great spot, just re-read the RNS and 260,488 was definitely included as part of the last tranche. It seems they may finally be out?
The warrants are a different scenario all together. RF sold all shares as quickly as they could at any price, knowing that sareum would keep giving them more shares until the debt was settled. The debt is as near as dammit settled and they have made a decent profit too. So the warrants are the cherry on the cake. They could exercise them when ever they want at what ever price they want, know they will only ever pay 10p for them.
Anyone else noticed this late trade from yesterday? It's the last 6 digits of the RF final tranche!
Lol
Is finally off top of the Ask❗ Which means upward mobility may resume
Hi Eazy - although that would be the sensible thing to do, RF have sold immediately so all notions of 'investing' go out the window. They look as if they need cash to help their rto of another company so rather than playing the long game, I was thinking they might just go for a quick profit and exercise their warrants very soon instead of waiting for the sp to hit £1+.
A colleague has suggested to me (and for the record, I'm not sure I subscribe to this view) that the consolidation was a deliberate play to make dilution and a possible take-over easier... and that they already had Riverfort in mind as the executioner.
Https://www.nature.com/articles/s41590-024-01804-1
direct .pdf: https://www.nature.com/articles/s41590-024-01804-1.pdf
ATB all genuine posters :)
Luton ... if SP, TM and JR all jointly agreed to this funding option then there is no way they will ever admit to taking responsibility as they feel it is their (not our) company ... unfortunately I feel the question will never be answered in a satisfactory manner that attributes ownership to any individual ...
What peeves me is the fact that I suspect quite a few of the genuine long term holders that were underwater will have had enough have bailed out at sometime during the recent maul of an SP decline and lost a he'll of amount of money as a result.
The broker or person that advised the RF mode of funding imo will have to walk the plank asap. I hope we find out soon who is going to be held responsible.
They have to buy them first for which we will see a RNS; and then that is another 100K in the SAR bank - so not all bad news;
And then SAR should get a TAX rebate cash payment mid year (£0.7M) ....
And then in December don't we get 27.5% of 500K shares in Company X (737 related) ... so more potential cash into the SAR cash pot
Best thing for RF to do is wait for the share price to rise further then exercise…
With the SP at this level their warrants(10p) have tripled in value…with the SP back over 100p there’s a lot more money to be made…
There’s now an incentive for them to want the SP much higher than current levels.