Member Info for bald_eagle

Jam tomorrow perhaps!

Lots of trades showing as sells but the SP keeps increasing...I wonder what is happening. No complaints, long may it continue. Just confusing.

I got the impression that one reason News corp sold Unruly is that it was getting quite expensive to run. Presumably TRMR seem to have got a quick control of costs...which bodes well for the future.

Not sure if they need the capability of Unruly....do they hope to take on the likes of Facebook and Google? Be like an ant having a tug of war comp with an elephant.

Angela Hildreth (FUM financial director) said a few days ago:
"...so in parallel to finalising these costs (FDA trial) we are are exploring various funding options - equity investment is not our only funding option – James mentioned earlier that we have now commenced a formal process to find a commercial partner for MED and we are also looking at other sources of non-dilutive funding....The key thing is we have time, time to finalise the costs and we have no immediate requirement for cash to support current ongoing activities which include the EU regulatory process and we hope to provide more update in the next few months as to the full cost of that study."

Paradosically if the fundraising is handled well by FUM - and they find people willing to support it - it could give the SP a boost (although any dilution would have to be taken into account). The uncertainty of a potential fundraising will 'probably' weigh heavy on the SP until it is cleared up. So early November could be pivotal to FUM investors.

I suppose FUM will want to know whether the EU regulator require additional data because this might have to be factored into the size of any fundraising....so they might wait until they get confirmation from the EU before announcing what money they need. Nothing would be worse than having to come back multiple times for investment...although we are 'probably' getting used to it by now.

Always the chance of big pharma pumping cash into the company...slim IMO!!

Don't even mention the dark web...a place I have yet to find btw.

"That's like suggesting that if people buy anything, from property (houses) to multi-million pound luxury yachts, outside the controls of a trusted and regulated agent, then there may be criminal activity to consider."
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Tricky, yes.

Personally when I buy a house or a yacht I like to use reputable people to conduct the transaction and in a regulated marketplace. One here's horror stories of people who buy their dream villa in Spain or Greece to find that the vendor had no right to sell the property or it was built illegally.

Given the news today about London being the money laundering capital of the world doesn't exactly surprise me....and the scams the big banks have been operating on their clients over decades. At least in a regulated market one has a chance of getting your money back.

Tricky, I'm not suggesting TRMR have been involved in wrong doing....but if 'hidden'places exist (secret exchanges) then there is the temptation for people who are less law abiding than you or I to do their business.

I'm sure such things don't happen and the markets are a level playing field for everyone....trying to keep a straight face here!!

Tricky, well spotted regarding the additional hidden information found by hovering over the 'i'. I didn't know the 'i' gave tailored information. Seems a little crazy though...why not have 'OD' for 'ordinary delayed' instead of just 'O'.

I did notice that the timestamps for the three transactions were a little odd at the time.
first transation 125,000 at 15:47:21
2nd transaction 125,000 at 15:47:31
3rd transaction 250,000 at 15:47:12

So the 3rd transaction happened before the other two but was reported afterwards. It may explain the 'delayed publication'. ALternatively it is just a coincidence and the 250,000 tranche started far earlier...may be days before.

Not sure about the two 125,000 lots being one buy and one sell....they both had the same trade price of 155p. I suppose the broker could have taken a smaller margin and the rounding error showed them both as 155p....e.g. sell at 154.8 and buy at 155.2. In which case it makes me wonder who the seller was....got a good deal!!

"The recent 250k was a delayed publication and 'off-book' so it is difficult to determine exactly what happened."
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Trixky, I'm not too sure how you know that the '250,000' transaction was delayed publication. Again you seem to have access to more information than me.
I have seen very large transations elsewhere that seemed to have been delayed, having a timestamp of many days prior. Also there are the transactions that are released after the market has closed (post 4:30pm). Neither is the case here.

PS I'm also not too sure whey you highlighted the '250K' transation in particular. There were in fact three trades...125K, 125K and 250K. A total of 500,000 shares. We can 'probably' say that one of those transactions was the 125,000 shares that TRMR bought back, the other 375,000 shares are unknown....but it seems a little odd that an other party by pure coincidence bought 375,000 shares at exactly the same time as TRMR.

So through blind guesswork alone it seems fairly obvious that TRMR bought 500,000 shares instead of the 125,000 shares they declared in the 'buy back' RNS. Where those other shares went and where the money came from is another question.

PPS I suppose the broker that is handling the buy back for TRMR could have bought 3 tranches of shares for entirely different customers (with one of them being TRMR)....but again that seems odd and the question of insider trading springs to mind. All seems very odd to me.

Tricky, we have put people on the moon but we cannot seemingly disseminate standard information about a share transaction. A buy may or may not be a buy, it could be a sell.....and of course transactions 'off book' are a whole kettle of stinky fish.
No wonder AIM is the wild west.....it's almost like like the sheriffs in charge like the veneer of 'ambiguity' to justify their presumably well paid jobs. No wonder Russians LOVE it here!!

Tricky, you seem to be saying 'nobody knows'....especially for AIM stocks.

Tricky, but all the transactions are marked as 'O'....when I hover over the 'O' it pops up with 'ordinary'.

How do you know the trades at 15:47 were 'off book'? Do you have access to more detailed information?

Tricky, so large 'off book' transactions reported (to us) at the same time might not be connected? Does the 'off book' mechanism report all transactions for the day at the same time.

We never know who is behind any transaction (off-book or not)....but seems more than a coincidence that TRMR reported a large 125,000 purchase and that seems to me to be one of three very large transactions at 15:47.

I wonder who made the other 2 transactions at 15:47 for a total of 375,000, if it wasn't TRMR.

Perhaps we will never know. We do 'sort of' know that one of the three 15:47 transactions was 'probably' TRMR. That in itself seems strange...Buy backs are usually staggered throughout the day for relatively small amounts, not one huge transaction of 125,000 shares (+£190,000).

Another interesting tidbit from Ken James presentation at circa 09:20 min is that the FDA have asked that the confirmatory trial be run against a "comparative product". I suppose it was obvious that the trial would have to be run against a baseline product (not exactly a placebo in this case), but it was interesting nonetheless to have it confirmed.

It will be difficult if not impossible to prevent the users from knowing which product they are using because they will 'presumably' work in different ways & have different instructions for use. So not exactly a blind study either (presumably).

One thing that did jump out at me is the fancy graphics Ken James was using at 5:20 min to describe the 'theory' behind MED3000's unique mode of action...at least we know they are spending their cash wisely!!

The presentation by Ken sounded quite definitive on this mode of action, almost like it was scientifically proven. Perhaps it is, but personally I would have preferred some reference to who has undertaken the research - Prof david Ralph for instance - and whether they are going to publish that data.

I doubt potential partners will view these fancy graphics as anything more than marketing. They will want to see the science behind the claims. But good enough for investors I suppose...the aim presumably to support the SP (ahead of fundraising?!?)

It would seem that TRMR have declared in todays RNS that they purchased 125,000 shares through the BUY BACK scheme. Which seems odd in itself, because that's a lot of shares in one go....I thought the BUY BACK rules limited the amount that could be bought in one go to prevent SP manipulation.

So the second question is who bought the other two tranches of shares at almost exactly the same time (within 20 seconds), for 125,000 & 250,000 shares respectively. Is this normal practice?

Very strange.

Surfie, I guess the big unanswered question is how do you extricate yourself from your current predicament.

I imagine waiting for the 55p, 85p 105p(?), 150p(?), 450p and even the fantasmagorical £10.00 is getting a bit tiresome, to say the least.

The thought of throwing good money after bad might also be a bridge too far. Possibly sell some if the SP does ever go higher...and invest in something more substantial. But 'perhaps' keep a few FUM shares...just in case 'the jokers' on here have unknowingly stumbled upon something with potential.

It is a very difficult position to be in....you want the hype to be justified but you suspect it is a fantasy. I suspect you also want to be rid of FUM whilst minimise your losses. I wish you genuine luck in whatever you choose to do.

A good singer too. J. Locke must have ben a talented fellow.

No mention of stability work in the webcast.

I believe there was more emphasis on commercialisation potential....but no mention that they don't know if they have a stable product yet. A newbie might think CBD100 was almost ready for sale. Not sure if they have given a timescale for getting it to market....I suppose it may depend on how soon they can get the results of the stability work.