The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
When the time comes for a takeover deal to be done, which in my opinion is only a matter of time. It will far better to create auction between a number of interested parties rather than a single run race. Thats why PR and regular updates are important. It could be argued that any interested parties should / will already know of the offering and will have already done their due diligence, but nothing like creating a bit of competition and the FOMO.
I have always felt that they should have been more robust with Sierra and 737. Totally agree that we are now in a much stronger position to negotiate, our financials are looking good. We should be far further ahead than we are at present, perhaps time to get back around the table.
Interesting developments which we all knew were coming soon. Although Merck is the first company to report trial results of a pill to treat COVID it is also well known that a number of other companies are also in the race and working on similar treatments. Advance purchases of $1.2 billion in the USA for this version is not to be sniffed at, come on Sareum time to start move forward. The good old fable of the tortoise and the hare, spring to mind!!
Unfortunately Dr’s Mitchell and Reader are damned if they do and damned if they don’t. Good on them for exercising a small amount of option now for a relatively low profit. In the grand scheme of things this will be small drop in the ocean compared to multi million tax liability they will holding in the very near future. Let them carryry on with the good work behind the scenes and focus on the science. Leave the financials to the brokers and the experts who we have appointed. Onwards and upwards from here.
Low volumes all week but still moving up in the right direction. The MM don't hold any surplus stock and in my opinion are trying hard to flush the weaker sellers out. Massive potential when we start to get some real volume moving, something bubbling in the background and when this goes it will be hard to hold onto. Good luck to all.
The latest RNS again confirms that Sierra are trying to off load and on licence our SRA737. Would we Not be better to take it back and on licence it ourselves. Why pay the middle man for the privilege of holding us back and doing absolutely nothing to progress. Again we show that we have the product, just need to be more savvy on how we get it into the market.
This will take a short time to settle as it flushes out the quick profit makers who will then move on. SAR still has massive potential. After today’s RNS has been fully digested and with all the future news yet to come I feel we are in an interesting afternoon and few weeks to come.
Cannot see the reason to worry, the monthly charts shows a study rise and the massive volumes traded recently over the last few days speak for themselves. I would agree that the MM's and day traders / stags may have made a good profit. Hold the line and stay positive. I strongly believe that the LTH's will soon be repaid for their patience.
Interesting to see the changes to the website including some updates on the ‘some of our partners’. section. All looking positive, fingers crossed that all the recent hard work will soon start to pay off.
Andrew Scott the interviewer asked all the right questions, you can lead a horse to water but you can’t make it drink springs to mind. A real shame and a missed opportunity in my view. We raise a further 1M but haven’t really decided what we are going to do with it and whether to apply for a grant or not, really !!!
Excellent post Basil I couldn’t agree more, well said. No need to be down at this Important time, Sareum are definitely in a good place, IMO the best they have been for many years. The only ones to benefit from this negativity will be the MM’s. They will seize any opportunity to manipulate the share price price down and buy your shares cheap. News could drop at anytime, so don’t miss the boat when it sails and get caught out.
The indecisive messaging and lack of clarity Is simply playing into the hands of the MM,s and allowing them to manipulate the SP to suit. The same old, same old tweeting and lack of PR is frustrating. Well done for an update on the official site, but why not back it up with some meaning and substance.
I don't disagree that the last 10 years has been slow and at times painful, I have been there. Unfortunately this is part of the long game that Sareum are in. I share your frustration, but have we ever been in a better place than where we are today? When news drops this will go.
With news of the COVID -19 Grant applications expected anytime for the TYK2 / JAK1, the MM's are manipulating the market because they want your shares. Let them bring it down, IMO this will provide the LTH's and those that follow further great opportunities to buy in.
I have been in Sareum for a number of years and research it very carefully. We are currently in a good position, no need to be so negative. For the ones out there that think the AIM and MM,s will give them a straight graph and easy ride, think again. The MM need your shares, look at the recent volumes - buys against sells, it says it all.