RE: Oliveira6 Jan 2022 11:54
The problem with being a shareholder is that we are at the bottom of the food chain. One of the directors was good enough to respond in detail personally on NYear’s eve. to an investor expressing himself and his chagrin. So we are not wholly ignored. I will be emailing today and I encourage all others to. Obviously with half his holding left, Oliviera could take 6 months to offload. This downward pressure could last right through to his sellout , if that’s what he intends to do. Sentiment can be annihilated which would be grossly unfair to long term holders. To offer these gratis options at 53p is itself painful for those of us who bought in at Placing. Two downward pressures. Not sure what Oxford feel about their options at 85p now either.
A curious rock and hard place for us to be in. I think it was Alrx who wrote the s/h reply. He failed to address the question on SO’s selling ( a brief mention of not having control over shareholder behaviour ).
SO is not just a common shareholder. So the question on the implications of his full selling was not answered at all. He is the big thorn in the flesh now , and the timing of the share options was imo frankly terrible. To do with CFO appt.? Ok.
But we are really having our noses rubbed in this share right now. I am on a 44% loss. I do not earn £105,000 a year . And if I had £1m to spare for the Placing, I would need to be fairly wealthy anyway. I am absolutely in the opposite place to that.
So….it seems to be a case of just sitting it out until S.Ocean Capital have sold out. A long time. And shorters just knowing this.
Delayed information does not help.
I cannot buy into this bravado/ enthusiasm syndrome. I know what news awaits but its content is of course a mystery regardless of IBS/Asthma/Blautix positivity. Alex suggested in his email that directors communicating with the market is generally self-destructive. So I think we have an answer there as to BOD’s position re. intervention. They do not need to pander to shareholders so I expect nothing except updates as and when.
I know and read here of how exciting all this science is etc.and how this will fly etc.
We need to have feet on ground. Market takes no prisoners.
I see no harm in any or many of us emailing them however. We do exist and we do matter!