It's only just started..!!6 Feb 2024 12:55
Whilst sharing the disappointment at the current share price I cannot agree with the "it's over" comments when in fact it's only just began. I still hold more than 30,000 shares (yes i took some past profits which I've been completely transparent about) hence I too am carrying a significant paper loss from where we were 12 months ago. However, let's put things into perspective, our key molecules with the most potential were always going to be SDC1801 and 1802. We had a false start with 1801 when the UK testing agencies lethargy / incompetence rendered it necessary to switch trials to Australia. Since initiating the trials we have proceeded in line with the road map indicated at the commencement of trials, unless anyone can tell me differently. So the reality is, like it or not, we have to await the outcome of the trials to determine our future.
Now let's have a bit of spleen venting, the BOD are woeful with their comms, it is quite apparent that several posters here could do a much better job and most likely are better qualified in marketing, than the shower we have employed. I do however hold faith in Michael Owen to deliver a deal when the opportunity presents itself, he has done so for other small cap pharma companies similar to SAR. We must also point the finger at the BOD, probably Parker, for entering into the current (P!$$ poor) finance arrangements, I don't have to elaborate upon the outcomes they are there for all to see. Finally we have to recognise that the MM's are making hay whilst the sun shines at the expense of our share price. Whilst they have endless cheap shares from RF they can keep walking the price down, but, eventually they will have to go long as they will be unable to keep convincing us to buy into the drop. As mentioned earlier, if you can afford to hold then try and do so, as imho and for what it's worth we could be in a very different place in 12 months time. It would be terrible to see genuine long term holders miss out on either getting their money back or hopefully realising some profits for their continued loyalty.
And finally Mr Mitchell don't forget we know where you live.!! GLA. Andy. :+))