Member Info for Doc83

Dunk, I think Ghia means we were close to the last few buyers at a certain price/point on the order book and were very close to having the SP fall quite significantly.

Ghia - Please correct me if I'm wrong.

Melton, these are the fuc5wits we’re dealing with on the BB!

“A nice punt fora day trader if you bought in at at 16’s.”

I don’t recall it dropping into the 16’s on the buy price this week?

All my own opinion and I don’t know this stock as well as others, but I’ll be very surprised if it goes anywhere near 20p.

Hereshopin makes a fair point. They only need 75% of votes cast at the general meeting. I’m sure you’ll be able to proxy vote rather than travelling up to Scotland, but how fair the counting will be I’m not sure…

Also, the “in concert” part of Kevin Dorren buying shares is key. He could have all kinds of family, friends and associates buying effectively for him.

I don’t think they’d have pushed for this delisting unless they thought they’d get it through. In hindsight, perhaps I should have sold at 4p today (I bought at just under 2p post initial delisting warning), but I’ll be keeping a close eye on the price next week. I have such a small holding, it was a genuine small punt, that I might just hold onto them for the hell of it.

Surely there will be a limit how much the CEO will buy at. Being daft, if this does go to 10-20p, he could decide he can't afford that and therefore there's a good chance they won't get the 75% of votes needed to delist.

Now, if the market thinks Parsley Box can survive, the SP could rally. But if they are short of funds and can't raise any cash being listed, it could end up going to zero pence.

This could be someone acting in “concert” with Dorren… the plot thickens.

My understanding was that he only has to inform the market once he's bought them? This is a bit of an unusual scenario though, so perhaps if intending to delist the rules are different.

It does say it's not guaranteed he'll buy them.

I wouldn't be surprised to see this increase to at least the value of the cash currently held, albeit they are probably burning through it.

It really is fascinating. I bought a few at 1.97p after the initial RNS informing they were considering delisting. After the RNS this morning I thought it would be sub 1p but Move Fresh wanting to buy up to 29.99% does make it doubly interesting.

I will add that it say Move Fresh AND those acting in concert, which I think includes any family or affiliates… I could be wrong but just making the point it might be a bit harder to keep a track of than it might first appear.
They key if they are determined, is to hold strong until the last minute and to try to force the price up.

Yes, don’t be fooled by the disruptors. They all care really. Even MrCosts. He was over exposed to one stock, is now in the doodoo and his coping mechanism is to come on here and repeat himself over and over and over and over… again.

Docdaneeka - I don’t think we need a fundraise just yet. I was more making the point to our resident nut job that if we do one for a trial, then I’d personally be happy for that.

Here are some of the reasons why I’m happy to hold…

- Representatives of both the US NIH and UK NIHR have said “SNG001 merits further investigation”.
- We passed ACTIV-2 P2 and would have presumably took part in a P3 trial if ACTIV-2 wasn’t canned. They could easily have told us it was all over, just like they did with fellow P2 passer SAB Therapeutics.
- SPRINTER deep dive analysis looked positive.
- Long Covid data looked positive.
- We seem to fit the bill for STRIVE.
- Job roles advertised.
- Polygon continue to load up.
- Maud hasn’t been found floating in the dock.
- As fruits mentioned, none of the previous senior hires have jumped ship.

ART123, it doesn't sound like investing in risky, small/microcap exploration stocks is for you. Better to go buy an index tracker perhaps.

Mani, I should have said I don’t think a fundraise will happen. Certainly not any time soon. But if I did need to dip my hands into my pockets to help find a trial, I’d do it.

We have plenty of cash yet to 'keep the lights on'. If there's a fundraise within the next few months, I would imagine it would only be for a trial... in which case, so be it. Get the cash raised and let's get things moving.

Docdaneeka: “Maud would get one chance to make him a coffee - and if she doesn't have a bloody good reason why Arbor Day shade-grown coffee is not in her cupboard - she'll be floating in the dock with the rest of them.”

I don’t know about Arbor Day coffee, but I nearly spat my own Douwe Egberts out after reading that!

1. No
2. No idea!

WTF, end of December, not end of January!!!

I appreciate winter technically starts at the end of January, but I can’t help but think it starts by start of December!
I really do want to be hearing about any trial(s) very soon.

Gunto, on fire today! Thoroughly enjoyed listening to the interview.

I know very little about Polygon and Reade Griffith and this has really improved my understanding of how they work. I feel more comfortable with them having such a large holding in SNG than I did before listening to it.

I liked this bit around 33 minutes:
"when we invest we make a bet, you're our bet. We're going to partner with you. We're entrepreneurs like you, we know what you're going through. In the first 5 years of you building your business we're going to be way more valuable to you than you are to us, but if you're successful you're going to be way more valuable to us than we are to you in the second 5 years and beyond... we let people run their own businesses, we'll be on their investment committee but they control it, they control the brand... we try to partner with people who are number ones in what they do. We don't want a bunch of number twos reporting to us. We want number ones to go out their and build their business...and we'll support them."

Also, interesting towards the end him talking about Tetragon. You can buy this on the London Stock Exchange (TFG.LN) and it's trading at a significant discount to its net asset value. I just checked on the BT and the last NAV recorded (30th September) showed it trading at a whopping 66% discount, i.e. if they sold all underlying stock held, it would be worth $28.20 per share, not the $9.55 it is trading at right now. Of course, investment trusts and the like can trade almost permanently at discounts but still interesting.

Why don’t you have a listen and try to be a bit more constructive?