Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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.
I bought here a couple of years ago on the court case. I then doubled down when Avi M bought more just over a pound. I'm about break even now, and it's been a torturous journey.
I am no biotech investing expert. The current enterprise value I guess at gbp100m less say gbp40m (post deal) in cash giving gbp60m. Prior to this deal it was approx gbp60m less gbp20m leaving gbp40m.
Seems to me the present value of potential usd2b in payments should be worth more than a gbp20m increase in EV. Even under the most pessimistic scenarios and high discount rates. I would guess gbp100m... But again I'm not a biotech expert.
If this lists on the Nasdaq (long talked about by previous management) I expect it to double for starters just on the above and comparables. low float could continue the ride a lot higher.
Numbers above are just guesses for cash, excuse typos
Great to see. Great times ahead. Great opportunity. Holding and buying...
Once the sellers are out this will rally past £2 as there simply isn’t enough stock for the mm’s to fulfill the huge orders that are waiting to be filled.
great start of the day
Wilfrid - seriously mate you need help, you were also here yesterday trying to put a negative spin. You seem to post negatively whenever you see a retrace after news spike..either is genuine lack of knowledge or intentional don’t know!
People can’t blame Twitter rampers here. There only appears to be 3 of them this morning lol. This is moving on the news and realisation of what the true SP should be.
In a weeks time I can see £3+ here.
Remember even at year high, they had nothing like the deal they have just struck yesterday. This is min and should break through this..tiny free float and these are most likely being snapped up by institutions..don’t give them away cheap!
Silence Therapeutics plc (SLN) Ordinary 5p (View Factsheet)
Sell: 160.00p | Buy: 153.00p | up16.66p (11.99%)
Not even back to the year high here on this news. Can see £2+ easily today and them more next week on media coverage over the weekend
Sell 160
Buy 153 ! but can't buy any !!!
Now 158 to buy 156 to sell !
Wow!!!That is one very happy man!!!!
Crazy HL giving 157 to sell 156 to buy! got to be £2 by close
Think after that transformational rns then the CEO call, I would have thought it would be criminal that these would still be under £2...we got more on rises on Twitter rumours than this on even modest funding news!
Finally moving, hopefully we got rid of all the traders yesterday and early today...should move fast as free float is extremely tiny as you say!
Silence said the collaboration has the potential to bring in up to US$2bn in clinical, regulatory and commercial payments for its assets
https://www.proactiveinvestors.co.uk/companies/news/224143/silence-therapeutics-agrees-major-collaboration-with-us-firm-mallinckrodt-224143.html
Yesterday’s news was transformational. These should be £2.50+ at least yet there are sellers??? Such little stock too the mm’s should be paying premiums to fill their orders.
It’s too far off to warrant the mcap imo. This is the reason
People trading in and out
Amazed by the number of people who seem to be bailing out.
Totally agree...onwards and upwards. Gla
Plus have you seen how tight the shares are held.Only 15% available!!!
Latino
These series of sells are just shorts/ stop limits etc being triggered off by computers. We need these sells for liquidity otherwise there is no market for the mm's to play with.
Lets say you buy at 138p, and to protect your investment place a limit to drop 135p. The markets will just take this out if there are no shares available. Hence why the erratic up/down we have been seeing.
Either way this company will be over £2 very soon.
Good summary there, this is a once in a decade type deal..don’t come very often. I will be immensely surprised if we don’t see a surge in the SP in the coming days and weeks. Many institutions will be piling in now and why not. The single biggest risk with pharma companies is funding..in one stroke this hugh has vanished! Just look at majority of the pharma companies cash hungry and risk of going under all the time due to limited income!