Synthomer Share Price (SYNT)

I need to admit.. you created a bit of a hype around MIRI. I got burnt long time ago on a small cap and decided never again will I touch companies below 100m in market cap. Hardly any TA strategy work on those small companies.. and they are cash thirsty.

SYNT is doing well and resisting to go anywhere near the sell button. As much pain as it was up until Feb this year, the strategy and patience is paying off.

SYNT is doing well, but wow.. have you seen OXB Oxford biomedica? The magnitude of the pump is astonishing 🤩 it was on my radar for ages but chickened out and never bought it.

Sorry I meant to post that message last night but got distracted with to many other things :(

Hi GMHK,

It is what it is, a cash raise was always there in plain site.

The price & timing are appalling & make no sense neither does issuing another near 100M to extend it.

I've had a busy morning lots of phone calls & I'm not letting it slide, they've made a big mistake, watch this space as they say.

SYNT is treating you well at the moment :)

LOTM

I'm truly Sorry to everyone who has bought in recently, following me highlighting the company & asking people to take a look at it.

Yes I did know a fund raise was a possibility, but I didn't see it coming so soon & its slightly larger than the £5M max requirement that I thought they might needed.

The issue price is a disgrace quiet frankly, if that's the best the company can do with the pipeline of opportunities it has & all the hints its been giving through informal channels. The CEO has a lot of explaining to do & his position is in Jeopardy for sure after this, if not untenable.

Again my sincere apologies to everyone.

LOTM

LOTM, I can’t help but to feel truly sorry for you with regards to what happened at MIRI this morning. You seem a knowledgeable person, always helpful and with great research skill.

AIM is a casino ☠️

GMHK, I've reduced MCG yet again today. It's a painful one and there's plenty of scope for further trouble down the road. Like you say, a potential exit from the 250 is likely why the shorts increased. Big problem when it's shares are so heavily ii owned.

For SYNT, the trading update has to be nothing worse than already stated. Left too soon but I'd do exactly the same again simply because there remained insufficient commercial stats to back up and sustain the current SP.

I hope you're wrong with OCDO as I bought more today. Had been waiting for 330's but bought at 343. Just felt the shorts were struggling to bring it down further despite adding. You have to think 10% plus will be short volume there now. Crazy how OCDO goes through these ebbs and flows. Whilst you might never catch the bottom, this seems to provide 2 or 3 opportunities a year.

Keeping an eye on FRES again if it goes sub 500.