George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Is this gone or is there hope
Hey all, hope you are all well.
New vacancy posted:
https://apply.workable.com/sensynehealth/j/C09DD28F4D/
Things are ticking along. Had a look at LinkedIn out of curiosity, hardly any 'opentowork' profiles among current employees.
>Delistings come in all shapes and sizes. I honestly don’t think the concert party have ten yrs to sit on their money..by the way, Alex is one of the concert party.
I did ask the other poster to give an example of their other company they are holding, just out of curiosity, but you're absolutely right - no two delisting situations can be directly comparable, it's all just personal biases. It could be good timing. We are (I hope) near the bottom of this economic cycle. Once things start looking up and investor confidence starts looking up, it would be prudent for them to try to relist in the US.
Even if they exercise the option to convert all the warrants (which is not a given) and end up with 1.5B shares, as a modest scenario is it too crazy to say this could be a 150M market cap company - 10p a share? US market valuations are crazy, could be way higher than that. Sucks for all the OG holders for sure, but not for any recent ones.
In my view, this company was failed by bad management but with a capable captain in Alex, I think very soon it will be oven ready. Gut feeling is 2yrs maximum for results.
Delistings come in all shapes and sizes. I honestly don’t think the concert party have ten yrs to sit on their money..by the way, Alex is one of the concert party.
What's your other share out of interest? Which sector?
Yes put it with my other delisted stock which has been there for 10 years. No dividends and pretty well no information other than the published accounts, if either produce any value it will be like winning on the lottery. Suspect all those on this site who seemed to be looking forward to the delisting will realise that the grass is not greener.
it wouldn't be possible for every share to be sold! it's just pi's selling and, even then, the opportunities have been limted. there have been some gamblers who fancy this being sold at 10, 20 or even 30p which is possible. but i suspect anyone actually interested will be able to pick the company up for less than buttons at some point. 10, 20 or 30p is likely to be your payment in total!
written off... but keep the docs just in case. if you can believe in santa then anything is possible.
........and some you lose.
Yes but i have 43120 which i would like to sell for 10p (each!)
I think sellers have already made their minds up to hold, unless they are unable to sell
You would think that there might be a little more action today as there is no chance of trading after today
It's not worthless, but you are illiquid. You won't be able to trade your shares until (and if) they re-list.
You should have been asking this question many weeks ago if you were contemplating selling.
Quick question is the share after today totally worthless should I sell my holding today ?
Do you think we'll have a flurry of buying this afternoon?
> Yeah isn’t it amazing how professional funds have overlooked an opportunity to make a couple of thousand or even twenty thousand percent on this busted flush.
Gatemore, Lansdowne, Sand Grove, Hambro Perks - how many more do you need?
For any new entrants, perhaps the risk profile is too great, and they are afraid of getting burnt and taken advantage of by the above.
Mo
“if your shares halved or even 1/3 it will still be worth more than the price investors bought in at”
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Yeah isn’t it amazing how professional funds have overlooked an opportunity to make a couple of thousand or even twenty thousand percent on this busted flush.
If is a word that gets used repeatedly by losers
My answer to that is - if my aunty had balls she’d be my uncle.
No, the number of shares re-listed on say the NASDAQ would probably be double or triple the number of shares we had here. However, the IPO is like to be 10p+ (using Pence for simplicity) which means even if your shares halved or even 1/3 it will still be worth more than the price investors bought in at over the last few months. Whether it will ever get back to the £1+ level is impossible to tell. £26m funding in the bank which will definitely keep the business going for a few years
If it was relisted in US, would we have same number of shares?
https://www.theregister.com/2022/06/13/nhs_england_palantir/
Anyone got thoughts on this? If it does happen, does this pretty much make Sensyne obsolete? Or would someone like Palantir be potentially interested in acquiring Sensyne?
I think for me as long as Alex Snow is still here, there is hope this will re-list in the US market or will be bought out and relisted. I don't think it'll be 2 years personally I think it will be much shorter than that.
Yep, anything below 1p is a steal. Even if you have to wait for 2 years or more
Hey Latino, do you think it will get back to 0.8p before the delist?
I’m holding, topped up just now on the low
Nope, no major shareholder has left. So this is very much likely the case. Extremely good chance for them to also increase holding and these rock bottom bottom prices and buy on the open market before Monday one would think..