Member Info for Doc83

Dippfs, I’m trying to dig into my memory banks here as I’m not at my desk able to view the research note, but I’m sure Numis updated their estimated royalty rate up to 30%. Regardless, it was certainly comfortably double digits.

I personally still think this will blow up. But I have such a small amount invested and wouldn’t be surprised to see it spike in the meantime. I’m holding for now really to see where it goes… it’s a bit of fun.

Oh, and I’m a terrible seller who has massive FOMO!

And this is why derampers are just as bad as the rampers.

DYOR DYOR DYOR…

FTC7 - quite correct. I should have been clearer.

The main point stands, though. Polygon already have significant control over what Synairgen can do.

Jint - thanks, useful to know.

Aether, I think 225p would secure the company. I’ve averaged down massively so would be making very nice money but not as much as I’d once dreamt about. 225p would certainly have me thinking.

Docdaneeka - as soon as you accumulate 30% of the shares, you have to bid no less than the highest price you have paid in the previous 12 months for all remaining shares. Once you have agreement from 90% of shareholders, then the remaining 10% have no choice but to hand over their shares at the offer price.
No chance of Polygon breaching 30% before February 2023 because it would cost them a fortune. That said, hopefully by February we’ll be on multiple trials and at £5 ;)

This talk of 51% meaning you have control is moderately irrelevant IMO because at 25% you can block any resolutions… Polygon can already massively influence the direction of the company, is they so wished.

I recall Matml74 saying the company could issue new shares. He seemed to know his stuff, even if he did drop us all like a hot potato post February disaster, so I’ve assumed it’s correct and nothing has changed.

I’m trying! I’ve had at least half a dozen final top up’s!

We can be forced to sell if 90% of weak holders capitulate.

Bermuda555 - you’re very negative. So presumably you didn’t buy in recently but back when things were looking more positive.

So why only post now after so long?

MrCosts - I just automatically assume everything you say is sprinkled with sarcasm. But I hope what you say is indeed true.

FTC7 - I’m talking about a takeover, rather than “control” and where minority shareholders are forced to accept a bid offer.

I suppose could argue Polygon already have a lot of control. Any resolutions now need their approval for a start.

Is Rick Bright actually endorsing Synairgen though, or is he going to be speaking more generally about other things, pandemic preparedness for example?

Dunk - MrCosts thinks networking is coming on an LSE BB and repeating himself on a daily basis.

Any bidder needs 90% of shareholders to approve. Put another way, I think they'd be 10% of shareholders who would turn down anything less than £1. I couldn't see the BOD accepting less than that for a start. At least as things stand right now.

Hell, some of the numbers people throw around on here with regards their own holdings should mean we are safe against any derisory 30p bids!

I don’t recall investing in any other stock where the CEO/mgt team are so quiet. The SP has virtually halved in two months, why not come out to at least try and defend the SP? They could learn a thing or two from POW.LN. RNS’s on an almost weekly basis and regular webinars from the CEO.

For the first time I’m now considering selling my admittedly tiny holding and putting the money to work elsewhere.

You’ve got to ask the question, why no TR1’s yet? Been ample time for one to come through and with volume as it is, I doubt one is due tonight.

I’m still in here for my small punt at sub 2p and watching with interest.

Possibly the most insincere “GLA” I’ve read.

MrCosts - I did notice that. Incredible those posts were removed as I didn’t think they were that bad, but then they’ll leave other more offensive posts in.

MrCosts - I think you’re right. The sensible thing to do would be to sell. Better to get 17p now than the 0p it’ll go to, surely?

A bit like 99.999999999% of your posts... :D