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Its all innthe RNS of March 28th
Cln funder offering existing holders 10pemce per share versus current 3.25p and also under takeover conditions with Elon Musk firm Neuralink in pole position
Sandyman - 10p.
What price?
Morning rocket
The 3.15p+ trades are buys
Looks like CRUX offloading more.
I'm sure they will have to reveal their hand soon
That`s what has happened, they have off-loaded 1million on the market and another buyer has bought the rest directly from them. As it was under 3%, then dosnt need declaring in a TR1.
I wonder who would want to be building a stake in a Company that is about to go private ? Cant see it being ROX as it would have to be declared given that they are currently funding the Co. Surely not Mr Musk in disguise......
Because yesterday they went down by over 3mlnshares but only 1mln was shown (u were right Rocket...the 1mln at 3.3p was CRUX)
Someone is buying these off market in my view
No problem
L
Thanks, will have a look. If this one comes off, then can put aside for retirement luxuries, if not, then will go on waiting list at local foodbank. Not sure what My Akashic record has destined for Me yet.
Hope it comes right for You as well as love to see those that take risks rewarded...
If wanting to boost pension
I have been holding a very well run A.I bio tech that hels drugs companies model their trials and get past FDA red tape
Market cap only £1.5mln yet recorded highest H1 revs and due to hit £900k in June , pipeline of verified client projects with major pharmaceutical up 50% to £1.5mln....unloved and ridiculously under valued
PYC (Physiomics)
The block buyer is back (eg 60k at 3.37p) so looks like the easy stock has gone so there buying in smaller blocks
Can see a major re rate here Rocket
Quite a few more than I have at 306,666. Average 3.5p. Nearing retirement so a 15p offer would be very welcome. You cant win it if Your not in it..... Cant survive on a government pension...
I have over 500,000 and they were offering about 250k at that price , so it's either a worked sell or even a buy
Last trade was a sell as I tried a dummy sell at this price just before close. Looks like someone dosn`t want the ordinary punters to benefit from any price rises at this level. Usual scare tactics to get more sells. This is a make or break share as long as You dont bottle it and panic sell.
X@elonmusk Worth a try although I would think He would be already aware of the situation. ROX will get a potential ARM in the making for peanuts if no other interest come in the next few Months. Think i`ll risk it and keep shares should it go private as I`m sure there will be a deal to sell out after. Worth the risks to Me. Other larger fundholders are very quiet given that they are down massively and dont really have any say now.
Recent Share Trades for Sondrel
16:29:083.301,000,000Unknown*33.00k
16:25:133.50571,058Unknown*19.99k
The funder has offered 10p per share fund raise in cahoots with the inept CEO Mr Curran who was 44% and is backing them
At £4mln cap and with Elon Musks Neuralink amongst the big clients using SND also Google and Tesla there will likely be a takeover approach before the 6mths is passed
in such manner that would allow an orderly exit for those shareholders who do not wish to hold shares in a private company environment, where a trading facility will not be offered. The Company and ROX are of the opinion that the costs and complexities of being quoted on AIM do not benefit the Company and its shareholders during a period where the business is undergoing transformation.
It is anticipated that a Cancellation resolution will be put to Shareholders within six months of completion of the Fundraise. Graham Curren has irrevocably undertaken to the Company and to ROX to vote in favour of a Cancellation resolution in respect of those shares in which he and his connected persons are interested, being in aggregate 39,253,866 Ordinary Shares, representing 44.88% of the Company's existing issued Ordinary Share capital.
28th March RNS
Thank you 99. Is that a certainty? Which RNS stated it was delisting. I've read through but never noted that.
However
1 the vote to de list is not for 6mths
2 SND is now under takeover recode
3 Elon musks neurakink having worked with SND as per the Feb sky news report are in prime position
4 since the RNS last month only one fund has TR1d....meaning most of the fall was due to P.Is and MMs
5 theu have $200mln contracted revenues over next 5yrs
6 someone is buying the loose stock in batches last 7 days
Because they are going to delist with no facility for PIs to trade afterwards. So people are bailing to get something now rather than nothing later.
Hi,
Must admit I don't have a clue why the RNS's at the end of March have caused the share price to crash to it's current level.
Anyone invested here able to cast a light as to what it's all about? I mean it looks like the company is going to get the funding it wants so surely that's a good thing?
£19,000 buy just shown up qt full price