Member Info for Dibs61

I'm wondering, fascinated actually, to see just how much further they will be able to drive this down or are prepared to take it without attracting some huge buying interest. Its not like the volume is that heavy so theres not actually serious selling taking place, just taking advantage of nervous holders and buyers holding back - falling knife syndrome. EV is currently just over £80m which is absolutely crazy for the position they are in - realistic chance of success P3 = blockbuster sales - vaccine or NO vaccine.

Looks like we're getting some good support at around the 12.75/13.00 level.

Hi Doc,

Completely take your point on vaccines and of course I want them to work. I fall into the extremely vulnerable category so absolutely. I guess my intention was to just put a realistic perspective on the actual effectiveness outcome for these vaccines. They haven't even been tested for a year yet so the percentage effectiveness figures they are putting out can realistically only decline from here! They will become less effective over time and over a much wider population as all vaccines do. Thats what
I'm trying to say.

On the subject of SNG001 I can assure you I am NOT in love with any stock whatsover. I take a very dispassionate view and do not get emotionally involved in shares. I am here to make money and if I think it is the right time to sell a stock I wont give it a second thought.

Did vaccines 'eradicate'flu? No, far from it. There are a number of strains and it constantly mutates. Thats why there has to be a different flu vaccine every year. Even then its only a scientific best guess if they've captured the dominant strain in the following season. Thats why we still get Flu PANDEMICS. Not only that but did you know the flu vaccine is only generally 40-50% effective...

SO, do we really believe it when we are told that in a matter of a few short months, tested on only a TINY TINY fraction of the worlds population that it is going to be 95% effective, or even 70% effective?

Onto treatments. So, because we have a Flu Vaccine I guess that means theres no need for a Flu treatment yes? NO. THere is a definite need for flu treatments and they are out there alright. Roche have Tamiflu and GSK have Relenza. And guess what, they sell in hundreds of millions, even billions in years when the Flu strain produces a pandemic type event (not rare).

Conclusion: there will absolutely be a need for SNG001 whether it arrives in Q1 or Q2 or Q3 next year. And quite realistically monthly sales could exceed the current market cap. eg.100,000 treatments x £3,000 per treatment = £300m pm.

Current MC £172m (which includes up to £87m cash from the placing to fund P3 trial)

The BIG mistake the market is currently making, and its a whopper, is that somehow SNG001 is in competition with Vaccines.

It 100% is NOT.

Bruce - Pension companies pmsl are you serious! Pension companies shorting shares?!

Totally agree. This is not caused simply by Retail investors selling. This is concerted shorting now.

Oxford12 - imho virtually zero.

Jolly! The Grim Reaper has arrived at a dark time to give his verdict lol. But seriously, you know I respect your views, so why do you rate this a Sell at this level?

Price action looks very much like this is being shorted.

Definitely. I’ve been loading up with some more this morning sub 13p.

With no more than a few months, or perhaps even weeks in this market, this is a give away.

You frame that as a statement of fact. It isn’t. It’s an opinion. My opinion is that there is noooo way POG is heading south for the winter. And I could give you a list of reasons as long as my arm why.

Frankly, this is getting silly.

Market is in everything’s ok mode now COVID will disappear in a puff of smoke with the miraculous global vaccination which will happen in a blink of an eye.

Versus the Reality.

Hold firm and strong. Sentiment WILL change here but a lot of patience will be required.

It’s coming.....;)

Sure as night follows day. AAZ transformational JV Incoming. Free carry on all exploration and other expenditure right up to mine ready status. Multi million oz potential.

All for less than £11m MC.

Bonkers.

DYOR.

https://www.investegate.co.uk/escape-hunt-plc--esc-/rns/director-pdmr-shareholding/202011240700042398G/

Doc - sounds like a plan ;)

Btw agree we probably haven’t hit rock bottom yet. If we knew that.....

I mean isn’t that the idea of investing. Buy low Sell high?

Docdaneeka - I’m buying. Picked up roughly 10k shares this afternoon. Am I mad? We’ll see won’t we.

You have to put your money where your mouth is.

bagitup- your calculation is correct. However, your calculation are based on the current MC divided by the previous number of shares in issue. My calculation is derived to calculate the reverse ie. to calculate the equivalent pre placing SP by deducting the placing value from the current MC and dividing that by the old amount of shares in issue (150m) if that makes any sense!

102,000,000/150,000,000 = 0.68

I was thinking about the SP prior to the recent placing. Roughly speaking, we had 150 million shares in issue pre placing. Post placing we have roughly 200 million shares in issue. So, again roughly, around a third more shares in issue.

What’s my point?

My point is that the shares which now cost you 92.5p to buy as of today would’ve cost you roughly 68p to buy in comparative terms prior to the placing. It’s not a precise figure but it’s close.

150,000,000 (pre placing shares) x 0.68 = £102,000,000 + £87,000,000 (Placing) = £189,000,000 MC

68p equivalent. Just for fun really but that’s how cheap they are now!