Member Info for Doc83

“Bit WHY would they want to get to 29.9%. How does that benefit them?”

It still seems odd to me that you’d spend £60m, buying relentlessly all the way up to 28.02% or whatever it is, then stop, when relative pennies would get them to 29.9%, quite significantly reducing their average in price.

I suppose we’ll never know for sure Polygon’s rationale.

Fruits, do you not think it’s an odd place for them to stop, though? 28%… for £0.5m they can get to 29.99%.

I'm not sure Polygon are still adding (they've had ample opportunity), and it is something that vexes me. To get to 28% then stop, it seems an odd thing to do. It would cost them literally peanuts to get to 29.99%.

Could be a few reasons why:

1. They have lost confidence in Synairgen.
2. They have a strict buy process in place, for example, they'll only buy more below a certain price.
3 They have been made insiders by Synairgen and can now no longer buy/sell.

Anyone else have any other potentials reasons why they'd stop at 28%?

Hamm - I'll say one thing... you have the courage of your convictions. You'll either be retiring this year, or never!

UWOS you POS - sneaky is a CEO telling investors he was told 1-3 months the LP, then it not turning up. And is still not here 5 months on!

Sneaky is telling investors clearly that a fundraise was not needed but then doing one.

Sneaky is giving investors advice not to take part in said fundraise and instead buy at a higher price on the open market ;)

Sneaky is coming on a BB to shamelessly ramp it with no balanced view given.

Sneaky is changing your username from PhilipTan, LOL!

Ojay- I’d argue that the market clearly isn’t pricing in the LP being anywhere near guaranteed, at least anytime soon. If it believed like many on here that the LP is definitely coming any day/week now, then the SP would be a lot more than 4p.

iamrich/UWOS - nothing in life is certain, other than death and taxes of course. Oh, and UWOS posting an unnecessarily long message on here every morning.

So even if you think it might be a 0.1% chance, if LP doesn’t arrive this year for whatever reason, what do you think the SP will do?

I wonder if the new R&D tax credit rules will encourage some more JVs with small UK biotechs. I'm not sure how it works, but could a BP who would not be eligible for the tax credit, instead JV and run trials with a small company that is eligible, and effectively run said trials at a 27% discount?

If so, that would surely make UK biotechs quite attractive for foreign investment.

Good luck Professional and thank you for at least wishing LTHs well. I still have hope we can rise from the ashes, based on:

- Associate Director of Medical Affairs on big money
- NIH and NIHR saying "SNG001 merits further investigation"
- Passed two P2 trials and identified hope with the failed P3
- Risk/reward ratio IMO makes us worth a punt for BP
- Lack of quality therapeutics available for Covid and the like
- We would seem to fit the STRIVE criteria
- Rick Bright and others supporting SNG.

I could go on. This could be a dead duck but I'm a glass hall full guy, unlike our MrCosts, and would like to believe the silence is because they are working hard on whatever lies ahead.

Zellman - you’ll never win an argument against the iamrich ultra types. Nutters.

I think I’m correct in saying that an AGM can’t be any later than 15 months after the previous AGM. Typically and to my knowledge, they’d usually have a reason why it would be delayed beyond the 12 months.

I must admit, I’m feeling very relaxed about the situation. I think they have something in the works. Could be wrong, of course. But as pointed out already, the pain was back in February 2022… if it goes to zero from here, so be it.

Just the 23 owl droppings today on the MATD BB!

"First you tell everyone how exactly you work out 40% cos for LP? lol"

Oh dear. You didn't read up then on what hypothetical means!

Thanks, Lockie.

I am invested, I am not shorting and I am hopeful of a successful outcome. But it is not guaranteed and the delays suffered so far support that stance.

UWOS - enlighten me, what % chance do you have down for LP arriving? And how do you work it out?

WOS you POS, learn what hypothetically means.

Misterpositive - I agree.

My point is that LP isn’t here so don’t count your chickens or 58p’s just yet.

Any prospective new investor coming here would read UWOS’s and iamrich’s posts and think it’s a done deal.

Master - if you read my posts, I’m very consistent. I’ve always said there’s a great opportunity here but not to think it’s guaranteed.

A little bit ironic though from you, who went very despondent at the cash raise but is now back to being positive. But you are one of the very few posters on here who posts really useful research so I am grateful for that.

Thornogson - ditto. I’ll be staying around. My issue is unashamed rampers like UWOS. I know him from other boards and he’s dangerous.

Thornogson - there can be as many meetings and changes of law as you want.

But do we have the LP yet? And can we drill our oil out of the ground?

UWOS - no pant wetting here. I’ve a decent holding but not over exposed, and bought a good chunk in the 2.5p raise, unlike your 3p+.

“Think everyone know person who say Mongol Govt playing game and does not want to give LP is bit simple”

And yet here we are, still without the LP from the government, be it local or central. Daft owl.

iamrich - some people take real offence at people who take a more balanced view to their investments. I’m hopeful of a successful outcome here but also appreciate there are significant risks here. Velociraptor has far more chance of failure than success. Fact. And the LP is still not here. Fact.

Hypothetically, I might think we have just a 40% chance of LP success, but the potential returns if it comes in more than compensates for that risk. It’s call risk vs reward.

You carry on posting the same inane crap… “I reckon this should be 10p, 20p 50p…”

Yawn.