Member Info for Digittt

Having worked on Great Portland Street until 2 years ago...many corporate tenants moving out as landlords jacking up the rent significantly...can't tell if it's a concerted effort to clear the buildings or really a correction on pricing by the landlord or landlords.

I sold a chunk and took a heavy loss a while back and have conveniently chosen to never remember that ever again. The losses on the remaining are still eye-watering but I'm much happier when I pretend they're my only losses!

Thanks. Yep, I've got no illusions with Echo...a large job to be done by a real management team to save a lot of shareholders bacon here, mine included.

I've forgotten - what ownership share is Echo left with in TA?

Nicely put. My average is down to 4.3p from a stupidly higher number a while back. I'm ignoring the big loss I realised on selling out half my holdings before...really would love to at some point see my average hit and take my cash out and claim lessons learnt. Was close on a 6 figure cash loss at one point...ignore...damnit...ignore!

If your attention span is short and you're wondering why you haven't doubled your money in a few weeks and have instead halved it - you're in the wrong part of the casino.

Thanks...that does sound familiar. We were just stuck in ground-hog day with the same message for so long last year.

Lunus, we've been waiting for the Globalco collaboration news for a year now...ie feels like it's dragged and dragged. Did they suggest feedback end of April before, or was that all of our guesswork?

Try smoke it.

Do you mean the company or, well, the company?

Gell - Very large listed companies with thousands of employees and advisers and relationships = many opportunities for leaks. Yes announcements may take a few days to draft and revise and go through legal review in large corporates, and yes many people might get a look at it. Small company with no money or time to maintain active relationships with many advisers and a small employee group of scientists who don't interact with company advisers often are all harder for unscrupulous elements to target, or likely too much effort. They're more likely a target for hacking than anything else in my mind. The potential for a leak would be a substantial RNS with a large pharma...ie where the pharma had to be involved in the drafting.

To those of you who are new to this share, you'll burn off your puppy energy soon. It's a share with massive potential, but LTH are used to the MO of the company which is slow to deliver...but it keeps moving in the right direction. True we are due some progress soon, but soon doesn't mean days. Soon means months.

The RNS is simply their annual results which were expected for the last couple of weeks in line with their timing of release last year. Starting to wish that we cut membership on this chat group to shareholders who have held their shares for longer than a week and who have their drivers license. Seems we could save a few mice by using some of the new shareholders in the tests instead.

Shukan - how many keyboard warrior tw@s leapt in and gave zero chance of the info even being considered?

Was holding out that this thread was a little more sensible than that, good on you for verifying, hopefully sensibility will remain, although I'm not holding my breath.

Thanks InvestNI...interesting info. Will have a look at HNW. Volumes have been significant, so would tend to agree that the balance of the 17m she had as of Feb ought to be out of the system by now. But it might explain the malaise in price over the last while when the volumes were low. I picked up 100k at 1.1 at one point.

InvestNI - honest questions:

- Are you saying Hemo was the borrower or some unrelated shareholder who used their shares as security?
- And the lender defaulted?...Or do you mean the lender went insolvent? Or the borrower defaulted?
If it's the lender who defaulted, that doesn't immediately allow enforcement / sale of security from the borrower unless the borrower is in default.

Just trying to understand what you're outlining.

Agreed...this is a win for everyone except us retail investors...all the local Yorkshire investors will be told by Boris that they're bearing the brunt for guaranteeing employment and additional benefits in the region going forward. AAL have the double-win of ultimately having income to offset for tax against their large corp and financing costs due to their bloated UK head-office/corporate structure.

Son? Funny coincidence, used to work for an Anglo sub, and I’m in Zambia right now.

Anglo will love SXX for many reasons but also because they have significant costs in the UK for their bloated corp offices that they get no tax shield for. It will be a long time before they’d have to pay any taxes on SXX profits.

Err...no. The risk hasn't reduced yet. There is risk over the entire development process...it's not like we have a plan and hence the risk is gone/mitigated. If things go wrong, ouch. As I said before, the only thing that will move the government is the risk is mitigated via either the risky work being complete, or a strategic provides the completion guarantee.

But at least it's a that start of an alternative plan to target the risk...hopefully it withstands scrutiny over the next while and we don't get completely mugged by the $600m investor / funder. Desperate to tell my kids that their Junior ISA investments weren't in vain.

Err...less than a half finished project and all the risks lie ahead. Any buyer will screw s/hers over to keep as much as they can to cover the risks or more upside for them. There's no goodwill for faceless shareholders. If there's no competition to buy, the buyer can just wait until the company is insolvent and pick it all up for a song. Mgmt if retained will get sweet new options to tie them in.

Also...as for Boris and the government helping out while we're shareholders...that's a pipe-dream full stop. They need a strategic to take the completion risk and then they'd be all over it...I think that's the likely way it plays out. Strategic with big balance sheet takes it off us for pennies...after some DD they provide completion guarantee and government provides funding...Boris is a hero for saving the project. Mgmt will get their options and reputation as they will have closed the "original" ST2 funding...we get lost in the footnotes.

Not a very cheery Friday message...sorry. Very much want to be wrong on this.

Did he give you a reason for the apology or for the initial blocking?