Riddler - I definitely give you 20 out of 10 for positively selling PYC whilst the company and marketing team remain bloody useless at comms ... however you may need a bigger trumpet as very few have your positivity at the moment due to lack of news flow out of PYC as opposed to ‘from you’ ... fingers crossed things change soon ... must admit that large seller made a few people nervous yesterday
Good luck as you deserve it for your continued efforts
I am with JT on this one as I believe that if there was a placement then TM would not have best served his shareholders two weeks ago when, on the back of the SRRA news he had the opportunity to really sell SAR to the public as the CHK1 compound creator .. and thus drive up the SP .. but instead decided to play it down and simply reference their materials
So for me a placement would show the board to not be behaving in the best interests of shareholders
At the moment ... obviously down as no milestone news to date, possible worry of a placing and potentially also because the larger pharmas seem to be doing deals around us ... would be happier if TM had tried to push up SP on news last week ... let’s hope BOD are not overpricing and we get a deal before it’s too late ... but please please please NO PLACING at these silly prices as that would be too much dilution
I am very hopeful that the SAR BOD are in negotiations and therefore have not bothered to raise the SP as opportunities arise such as the amazing SRRA news last week where SAR had an opportunity to sing their own praises as the brains behind the CHK1 compound
However the future is still uncertain as a) negotiations can fail at any point or b) SAR may be losing deals due to overpricing and over-expectations .. who knows
But as for NDA’s, I am sure that because no deal is signed, other large pharmas like Merck would have been permitted to do their own due diligence on the SAR compounds/company ... so I would be lying if I said I was not bothered that Merck picked up a SAR Look-alike rather than us .... in my mind the question is ‘why not us ?’ And that does worry me as we have seen in the past that the SAR BID are useless at dealmaking ... fingers crossed that I am nervous for no reason
Sick of the SP downtrend on such low volume - just hope that news is forthcoming else the placing this time will be sub 0.5p .. ouch .. and I am particularly ticked off because I added another £12k to my isa at 0.75 which at the time I thought would be the low ... how wrong I was ... ARGHHH
To quote .. so don’t expect anything soon ....
1. They have been bloody quiet for many many months so may be close .. hopefully
2. If not close then they will need to place again and in that case TM missed the opportunity to ramp the SP up based on SRRA news ... so placing at this low a SP would really upset me and many others
No - they just have a lot on their minds walking round IKEA and choosing their new Senior management position office furniture as part of their transition to new well paid jobs in the company that is buying out SAR .... lol
I must commend you for almost. Single handedly providing the readers on this BB with a constant stream of information and positive outlook on the future potential of PYC. Whether or not they succeed in growing the business along the lines of your expectations is still to be seen but I do think that they should transfer their current marketing companies payment fees over to you as you are far more vocal at publicising than are they at the moment - GL and regards
Maybe I owe the SAR BOD an apology for criticising them over not singing their praises on the SRRA news released to try to up th SP
It may simply be that they could not be too positive as they have an agreement with SRRA to not say anything that might intimate receipt of a milestone, thus plummeting the SRRA sp .... who knows but maybe that is one possible reason
As there must be a reason because otherwise it would be seen as a deliberate act of keeping the SP down ...... SO LETS JUST HOPE THAT SINCE THEY HAVE NOT MORE PROACTIVELY TRIED TO UP THE SP THEY DO NOT NOW GO FOR A PLACING AT THIS LOW PRICE
Elcap - never heard so much bolux ... do you jangle when you walk .. with your crystal balls .. pick a number .. any number ...
so if they announce fast track straight to market as a cohort of patients have had significantly fantastic news then we will reach 1.8p .... I wonder ? .. especially as $88 million in possible milestones would equate to 3p just in the current MK so a major rerate would probably be on the cards
But you just keep picking numbers ... if you pick enough you might be right .... jangle jangle jangle ....
I wonder why - maybe it was the fantastic way in which SARs PR and marketing team went to work today on reporting such fantastic news - however the cynic in me does wonder whether TM IS DELIBERATELY trying to keep the SP low cus he is doing a bloody good job of it ... who knows .. maybe he has been offered a 500K per year job if he can sell SAR on the cheap for 3-5p say ... Just me wondering as I am completely ticked off with this loss of a golden opportunity for SAR to headline on the BBC
A very reserved message from you this morning JT .. I just think it’s a golden opportunity wasted to say to the world ... hey look what SRRA are reporting in the cancer world .. and guess what .. SAR developed that drug and we have another couple from the same stable that we believe are also best in class
Or is it simply a suppressed response as you cannot sell a company for £300 million if the SP/MK rises to £500 million on excellent news .. I dream
Exactly - in typical TM style he reports the SRRA news in words and phrases that are not showing any level of excitement ... just flat and mono tone like all his presentations
For gods sake ... this is amazing news so use words like ‘bloody amazing’ and shout it from the rooftops ... at the end of the day you do have a commitment to share holders to drive up th SP and this was a golden opportunity ... so WHY HOLD BSCK ?