Member Info for Deal3r

Simply wall looks really interesting as I've not seen the holders list like displayed like that.

The vast majority of the company names are private client stockbrokers and their nominee companies.

I could only see a couple institutions on there and Hargreaves Lansdowne is the largest PI broker it's no surprise that it is number 4 on the list.

All the dates of the holdings though (except top 3 holders) is 2 March, so we'll out of date.

Capital Accumulation LTD looks like it's registered to the same address as TD Waterhouse Manchester address, or now Interactive Investors s. The Director is also a director at II. It looks like a PI Ex-o nominee company.

Does anyone have a level 2 - What is the NMS for this stock?

The story is rubbish. It has been directly denied by the CEO.

I do agree with that, and my base case discounts most of those points.

I have family experience of the medical side to this, so I hope and expect it will be successful. The upside is soooo much more positive, but as ever, when investing in AIM stocks there is always the potential for a sting in the tail.

Chrishar

There is always downside f rom here.
The trial may be inconclusive, or not as effective as predicted. If that is the case the stock will fall significantly and depending on how bad, fatally.
Another firm may come out with ahead of SNG with a cheaper product which is found to be effective.
SNG may have positive results but struggle in a phase III trial.
It may run out of money.

All of these and many others not listed may happen. I guess we all have to quantify the risk of each and measure against the significant upside.

This is not a de-ramp as I'm significantly invested since Xmas.

Do people not have work to do!!

Any way.. I suspect Lansdowne have only paused their sales until the price drifts back above 60p.

Yep agreed. However I'm working, so I don't follow second by second prices. It can be all consuming doing that. I know investors climb a wall of fear as the sp rises. Long term investors should ignore the day to day prices.... However. I do not always follow my own advice.

There is likely to be strong selling pressure above 70p.
Example. I didn't tell Mrs Deal3r that I bought the stock at Xmas below 8p. As the stock went up I bought more, so I have over quarter million shares. Now I know Aim biotech stocks can be binary, so even though I'm confident in the drug I could retire or be broke!

Would it be sensible to topslice? Of course, however I suspect that the stock will suspend immediately prior to the results and move (or anounce either a license agreement or even a condition take over) that would prevent piling in on a low price on the news. You will only make money being prior invested.

Decisions decisions ??

Bella.

Hargreave Lansdown and the Lansdowne institutional shareholder are different entities.
This is complicated by HL was a large holder of the Woodford fund that is now Link which is a holder of SNG.

Someone asked on the cost per dose.

I understand that they are aiming for $4000 a dose and 10 doses in a treatment

I suspect they will head lower than 10m. With a small holding if say a few million shares will make the same profit as what they make on selling a larger holding at a lower price. It's there risk management that will dictate it.

Every type of share holder plays their part. Don't forget that if there wasn't day traders you would not be able to buy or sell as easily.

Large trades can account for upto 1/3 of daily Volume. Can any see total vol on the last few days?

There are a few institutions still holding stakes in the firm. I know that the demand was well oversubscribed in the placing so they were scaled back to a third.
They will have been topslicing but many will still be holding it.

Phone went a bit weird....
If the MM count be protected when taking position, they would only trade in NMS. Fine, but if you want to trade in more than 10/- shares when they were 5p that's not going to get you far.

It will make it more expensive for EVERYONE.

Delaying trades protect the MM from other MMs and therefore enable them to effectively trade and by extension provide liquidity for all participants including PI.

If

Why do II sell good companies. It's all about risk management. If an institution bought stock at 35p and it went up to 55 or 60p whilst the market declined 25% he would be a fool not to lock in some profit and top slice.

Why the cynasismn. The market makers do what they do. Why do some if you think act in a conspiracy and manipulate the market. ( Actually they have the right and obligation to set the price )

Lolz
Quality posts guys!