I am considering buying on a sudden dip in the sp and then wait for it to rise up to the AGM and sell the day before.
It is still possible that we will be considered for STRIVE though. I would welcome honest and comprehensive answers from RM at the AGM!
Our perception of our drug seems very different from the decision makers. However one of my tutors at pharmacy was very enthusiastic about the drug.
Fruits - I wasn't agitating for a change in the BoD. I was pointing out this would simply continue until they retire unless there is a PT or JV.
I am mildly pleased with the RNS because the cash burn is less than expected and there is *some* plan forward.
BUT it all hinges on a PT or JV now.
I just want to recoup some of the cash at this stage.
100p is also my exit price. Given the sp recently doubled on no news and relatively low volume, I suspect it is an achieveable price. I am over-extended in this share. So, if Synairgen is included in another PT, I will not wait until completion again. This is still an AIM stock with no commercialised product.
This has been a brutal lesson.
SNG has survived for 20 years. It has good data and a need for it's product.
Whatever it did to survive in the past, it will do again (RM in a tiny room in SU with a dial-up connection but without a secretary).
But it will be a very long term hold then.
Personally, I am not expecting any news on Thursday and the speculative buys going in now will turn to sells causing a decline in the sp.
Then, the AGM where serious questions will need to be answered about what the new hires are doing, and whether the director of medical affairs was hired and for what purpose. Finally, questions about their salary because without any definite news, this is just an AIM company with zero commercialised products and suddenly it starts to look like an AIM lifestyle company with middle aged directors who are unlikely to get such well paying jobs again milking as much as they can from what remains of the capital our capital.
Then, we wait ...
... for news of UNIVERSAL and STRIVE.
If there is no new news on Thursday, I suspect the attitude towards the BoD will change significantly.
However, I doubt that the BoD are simply burning through money doing nothing because TFG would notice and start asking questions and making changes sharply.
You're a continually and obsessively negative poster so you would.
Check the authors' posting history and you'll see it's very similar in terms of content and style to the usual trolls.
Green bin it.
Don't feed it.
Into the green bin with the rest of the garbage.
https://www.mayoclinic.org/diseases-conditions/narcissistic-personality-disorder/symptoms-causes/syc-20366662
Green bin the garbage.
Why is anyone still responding to Macosta?
He has been exposed as a liar and fraud. Someone even had the post that exposed him taken down. He is probably seriously mentally ill or has a personality disorder. For the hard of thinking, it doesn't own half a million shares in SNG.
Green bin the dross.
Don't feed it.
University College London (UCL) is the first confirmed UK site to be taking part in STRIVE. More to follow.
https://twitter.com/pmjh1991/status/1647870460032327680