Member Info for CrustyPete

Aye aye. Methinks so.

Chester, in my view, unless there is an exclusivity arrangement between the two parties, it is likely that an NDA would only apply to the potential purchaser and be specific to details of negotiations and the potential deal. SCLP will likely or by necessity exclude any information that SCLP is required to announce as part of any regulatory, legal or contractual commitments/ obligations and, surely would not want to prevent the subsequent interest or bidding war that may result from the production of such things as Modi trial results might trigger.

But Ripley I presume you were not going in to Scancell for a quick flip? I suspect that most of the SpaceX IPO punters will be.

EyeEyeAM, the greatest prospects for Oil (which were still marginal) at CH1 lay with the deeper Triassic targets which now, after TPDC intervention, they will not now be targeting. So it Oil is most likely going to have to wait for subsequent drills.

EyeEyeAM for information I can tell you that the issue with the NT2 drill was not the "rig" it was the casings. They identified after the event that, with such high pressures they needed casings that allowed for the gas to be vented off as they were drilling; mudding up was their only available resort and has ended up compromising the productivity of the well. The "new" upgraded and fit for purpose casings have, reportedly, been supplied and "on site" for months.

FWIW I hold 7 AIM listed and Small Cap shares of differing size, liquidity and sector (though 3 in Helium) - all but one of those shares have fallen in value over the last week and by differing amounts; He1 is "mid-table". let's face it shares in AIM and Helium in particular appeal to the more "adventurous" risk junkies like me and therefore many will have been looking seriously at the SpaceX IPO (not me!). The IPO is 4 x oversubscribed and the Cap Raise enormous - so many PI's will have been creating liquidity to take a punt on the SpaceX IPO and that means selling holdings like He1 and similar risky small caps. In retrospect it was quite predictable but something that I certainly failed to pick up on, though the same has been happening for Cryptos and CFD positions too.

The fact that the IPO has been 4x oversubscribed means that circa 75% of those assets will not be allocated in the IPO and will ned up being reinvested over the coming days and weeks - where it goes is anyone's guess thing BUT certainly some of that will find its way back into He1 and similar positions.

I have been raising a bit of liquidity to take advantage of the opportunity provided by these (temporary, in my view) sp dips.

Yes Luke that is why I suggested earlier that selling today would be too late to fund SpaceX IPO. Though many people may have transferred cash to the IPO and now need to replenish the short fall in their bank account....

As you say EE, SpaceX is 4 times oversubscribed so circa 75% of that money will not be invested via the IPO and therefore much of that 75% will be re-invested over coming days.

Today has certainly not been a "typical" day on the trading front but, if recent trends are anything to go by, there will be a flurry of buying activity just after "lunch"....

Are there really, or were there really any traders in SCLP Vas? Most got out on the last "spike" surely? Maybe even some of the "investors" have been hedging their bets? Certainly not me - I wouldn't touch an "Elon" investment whether it was likely to make me money or not and wrapped up in SpaceX are "X" and "Grok"..... ?

"Buying opportunity"? Yes, it surely is but, unfortunately, I ploughed in too early and cannot justify yet more.

I think they may already have C11....

Can our recent falls be attributed to Spacex? Maybe yes but then I hold seven AIM listed or Small Cap Co's and all (but one) to some extent have seen falls over recent days, so maybe they too have been similarly affected - however, none have fallen to the extent that SCLP has has in the same timeframe.

If this is the explanation I can only hope that their punt is a success - then they may take their immediate profits and return. If the sp tanks on flotation they may get tied in for the long term.

Well I have to admit that the same thought had occurred to me but a placing at these levels after having been holding steady at 22 - 23p? Surely not. I bloody hope not..... cannot justify buying more, top heavy already.

Well if so it would have to be at one hell of a discount.....

And still the slide continues.

Well that 20.0p theory crashed and burned pretty quickly. And to think that the sp briefly touched 30.0p only three weeks or so ago...... just the vagaries of a fickle market? Or is something else going on?

You may well be right roses, though, what is your opinion of what, if the same offer (ignoring valuation) were made today would be the BoD's attitude? Bearing in mind also that, as has someone mentioned in the last few days, Lindy once foresaw the sale of SCOPE as a preferred means of funding continued development of Modi? Would that still be the case?

Thankfully I was not around to watch the continued painful sp drop yesterday - It is difficult to understand; why would people be selling with news imminent? Unless a forced sale or looking for a short term punt on SpaceX? Bizarre. And this morning, it seems, the sellers are out again (too late for SpaceX). Let's hope that 20.0p proves to be the support level yet again.

Cars, as you say "Time slippage possibly due to delays from MHRA ". As I have stated, believe and seriously hope, I do not think that is likely; though many, after Phil's audience with the Parliamentary Select Committee , may have taken that view. If so, and that is the blockage, there is no telling how long we might all have to wait. And that iSCIB1+ Phase 3 trial need funding.... the BoD cannot rely upon the company's and shareholders' fortunes to be dictated by deliverables that are not within their control. Hence maybe the Nasdaq "conversation"?

Tanz, I am sorry to disappoint you but I no longer have the size of commitment that I once had. I have sold and repurchased a couple of times in the last 2 years (as I announced at the time) and now sit with very little exposure to AEX, I am now largely running profits from those transactions.

FWIW I do believe that AEX will provide steady and continued gains from here and DONT believe that there is any immediate risk of a buy out, least of all from ARA.

I wish you all well.

With zero likelihood that SYN BoD are going to find a buyer for their 50% of Cambay or a Farm-In partner for Medway, the only reason that SYN's Nomad is not recommending the BoD wind the company up, distribute receipts to shareholders, and create a "tax loss" AIM shell is that, by doing so, SP Angel waves goodbye to their never ending "gravy train" and Roland cannot continue to bolster his pension fund.

Most shareholders, including me, have already written this off as a "lesson learned". What and where is there any reason for anyone to buy this bucket of s***e? There is zero upside.

Put it down to experience.