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Bigeasy94 – The Reader’s and Mitchell have c. 50M shares each. 10p would land them a windfall of 5M. Do you think that they have invested so much time and effort into Sareum that they would sell world class assets for a benefit of 5M each? IMOH I really don’t think that they will be setting their TO price anywhere near 200M.
I am no expert in the science but the “assets” due to the current situation and the big pharma need for second gen molecules have significantly increased the value of Sareum. There are some significant events soon to be unveiled:
It was absolutely crystal clear to me in plain English that 1801, 1802 and Covid are the main Focus and the emphasis is on “these assets” and a deal. Anyone that didn’t get that must have been listening to something else? The question is how many billion is Sar IP worth.
Fearg my records they referred to deals for both; could be one huge BO. SAR have a lot of IP value locked into their assets.
DP the market is too hot for this to drift; as Thoth advice I would keep a vomit bucket to hand at all times.
other key notes, also correct if you see fit...
In contact with UK gov about ordering molecule in advance. Studies have to take their course.
Patent cards have to be held close to chest
FLT3 update from partner Jan, not been informed of any delay
Funding adequate Grant OK for COVID and 1801 in paralle internally funded
Example of TYK2 deals on website
Feel free to correct notes
PR Approach - Tim answered, focus on JAK1 media level to increase.
Keep investors more informed - will keep investors updated via RNS 1801 1802 - Covid . Focus on these 2 “assests”
SRA 737 - SAR not party to this agreement. SAR position separate agreement 27% of deal but no involvement in negotiations. Sierra saw milestones as hurdle to progress. Programme to advance sooner than later
Licensing intentions - 1801 and 1802 PC stage or early clinical. Licensing deals wip !
Damion looking like the MM forward sold anticipating that but we have enough cash with the milestone payments and given the turn of events we will not have to worry about that. It’s funny the support play became the main event ; )