Member Info for bald_eagle

"A deadly virus attack may present an unknown risk, yet it is known to be out there."
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An example of a 'Known unknown'!

Milhous, you miss my point. There is no such thing as 'Unknown knowns', for if something is 'known' it cannot be 'unknown'.

Henry in his popularised quote never mentioned 'Unknown knowns' because it doesn't make sense. Hopefully you aren't trying to defend an honest mistake you made, because that would be silly.

"We are all different my friend.."
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I'm not!!

theItalian, a very sensible well reasoned post to Surfie IMO. Nothing in it I disagree with at all (which must mean it is deeply flawed). However all serious FUM investors should read it, read it again, have it tatooed on their foreheads (or foreskins if that is one's preference). A seriously good post. Congratulations.

It is all about knowing the risks, and being comfortable that the potential rewards are worth those risks. Obviously along the way I would suggest de-risking ones investment if the opportunity arises. Going all out for glory with a share like FUM is a mugs game.

"Beats me quite why ? These shares have dropped so much since Futura Medical provides EU & US regulatory update .Can anyone explain"
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Quazi_M, perhaps it has something to do with the additional MED3000 trial the FDA has requested (design still to be worked out). This may - or may not - require some sort of fundraising. I suspect people are factoring that into their calculations.

I believe Stt1 may be correct for once...congratulations!!

Aren't investors also known as speculators?!....unless you've found a way to only invest in 'sure things'!

Even Edward made a mistake with Tesco!!

He doesn't bother me in the slightest..apart from the repetitive cut & pasting (I hate lazy posting). But he is easy to ignore. I just see Stt1 made a post and move onto the next post...which is usually someone wasting their time by having a rant at Stt1 (which was 'probably' the intention). Better to just ignore IMO, pretend he isn't there.
Unless people really think anything he writes on here can really impact on the SP...if he can then he has my respect. But basically it's just hot air.

"unknown knowns"
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No such thing!

The quote you may be thinking of: "...we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns—the ones we don't know we don't know." [Henry]

The million dollar question is whether - after years of falling - the SP has reached some sort of a bottom. The slow, steady, relenetless fall in the SP has coincided with continuous 'jam tomorrow' statements. The current pandemic and economic fallout is unlikely to help relatively small players like TRMR. But who know...perhaps next year we'll all be millionaires!!

Seems to be a rumour being spread that isn't being reflected in the SP....which would be odd if there was any substance.

Stranger things have happened I suppose.

Milhous....that's a million dollar question! Had to look it up, knew who Tricky Dicky was, but not Milhous....missing an 'e' to my eyes.

I do know who Walker refers to though!

Tricky, to be fair to Stt1 the SP of TRMR has yet to take off. It did show some positive signs early in the year but that 'excitement' seems to have wained. US tech companies have 'apparently' boomed during the pandemic...not TRMR though. Perhaps TRMR just hasa very slow burning fuse...but 'jam tomorrow' still seems to be on the menu.
Still hoping that TRMR will start to deliver on the promises/potential and then Stt1 will 'probably' disappear. Until then his/her comments are 'probably' just as valid as anyone elses. The jury is still out on TRMR.

PS Current SP for former RTHM holders is 14p per share (old money)....isn't it?!

Guess who has posted the most on FUM in the last 30 days...Amanda or myself?

You'll be surprised!!

PS Obviously mine aren't one liners...and I don't just cut & paste from Liberum. But each to his/her own.
PPS Actually it's a dead heat...112 each. I must try harder, I really want to win this competition!!

Muskneo, thank you so much for your kind concern, I appreciate it. And another post to add to my daily target of 50 FUM posts per day. I have to keep my 'audience' satisfied!!

"Futura, a pharmaceutical company developing a portfolio of innovative products based on its proprietary, transdermal Dermasys® drug delivery technology and focused on sexual health and pain confirms that, further to the announcement made on Friday, it has conditionally raised £3.25 million in aggregate before fees and expenses through a successful Subscription and PrimaryBid Offer at the Issue Price of 8 pence per share. "
[RNS, 23rd Dec 2019]

Totally missed that 'placing'? I was right (yet again!!), that last 'placing' (RI) was for 8p per share. The Eagle swoops again!!

"Company expects cash runway to be sufficient to Q2 2021, based on significantly reduced R&D spend and current activities"
[Full year results, 1st April 2020]

Obviously this doesn't factor in the cost of the additional FDA trial.

"Financial highlights:

- £8.92 million net loss in the period (31 December 2018: net loss £5.88 million).
- Cash resources of £2.51 million at 31 December 2019 (31 December 2018: £9.16 million).
- R&D tax credits of £1.36 million for year ending 2018 received in August 2019 (Year ending 2017: £0.94 million R&D tax credits received in August 2018).
- £3.25m (gross) fundraising completed post period end in January 2020."

[Full year results, 1st April 2020]

" Fum has 4mil in the bank with a further 3mil due in Aug which equals 7mil."
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I'm not sure where you got your figures from...they look 'odd' to me. Who is giving them £3m in August?

Yesterday Gheko suggested there could be a RI at 10p per share...I suggested 8p based on the last fundraising. However I was mistaken, the last RI was at 7p per share.