No one has bigger balls than you monkey nuts! I personally don’t see it as a risk. I average 50p so doubt it’s ever going back to that sort of figure. I’m a all in sort of bloke. Hasn’t held me back so far in life.
Sounds very good RK! Like the idea of being an ISA millionaire! ;) Would you go all in at this point? I’m contemplating but also wondering If ODX and SNG are going to come good first..
Great find thanks. Interesting to see their largest holding is Avacta too so they clearly know where to invest at the moment. Although it was in April they bought the shares..
exactly my thoughts Ghia. just cant see any other reason, especially as SNG has had lots of publicity but no reaction to SP. My hope is once the shackles are off it will fly!
Ghia - i think we have had some short term suppression due to their backhanded antics. However if we have new II's on board with sticky shares then we will all benefit in the LT. They will have only invested due to what they have seen. Lansdowne just weren't interested in SNG and wanted out just like most of their clients!
It does explain the low SP though. Lansdowne selling distressed at whatever price they can get and all the others buying them up at a low price. My guess is that if the selling has now been done we will start to see a big rise in the SP. A 10-15% day increase that stays there would suggest the II's are done and now the MM's will need to earn their crust and push the price up to please the new II's. So backhanded especially the 'disappearing' RNS's! Explains a lot though. New institutions positioning themselves for the results and puts them in the room for any possible extra placings.
I would really look at SNG synairgen. Big trial results due for treatment in July for Covid patients and copd. SP sitting very low at the moment so has huge potential. IMHO
Clearly buying before the +10% today would have been better but once news flows, which the last RNS said it’s very soon this SP will be history. If it dips today buy but if not get in at the end of the day at whatever price as most of us expect an RNS on Monday. However DYOR IMO
Not a bad shout! I reckon if you chucked everything in here at 150p come back a year later and you’ll be buying a castle, not the ****ty flat you’ve remortgaged! I may just do that.. not sure I’ll get a lot for my parents tho!
I reckon boohoo owners will buy the lot. Very used to acquisitions and can see them turning this company into a multi billion Mcap. All part of the medusa deal I reckon.