Member Info for Doc83

HSD - maybe someone can clarify this.

But whoever analysed it, it took more than 10 weeks to get the high level data. The deep dive could take months. I’ve told myself it could be months before we hear anything substantial on the trial results. Again, I hope I’m wrong!

Wadogara - it took Parexel more than two months to work out the top line data... deep dive, my expectations as far a timescales go are very low!

Disappointing end to the day for the SP after it was starting to move up well. Still, and up day is an up day.

I might be delusional, but I just get that feeling the SNG story is not over yet.

TommyD - I really want you to be proven right, and me wrong. But I just don’t see us getting EUA with what we have so far.

FTC7 - I wouldn’t say averaging down is a red herring but I do agree with a lot of what you say thereafter.

Clearly, if averaging down you have to still believe the SP will go up. My own thinking is that while I remain positive, I think the upside is no longer £20+ but more like £2+. So I want to take advantage of that, if it happens!

I might yet try to trade some of these additional shares. As someone else mentioned, we know this stock better than others so it might not be the worst idea. But historically I’m not the best day/short term trader!

I’d rather be a dreamer than a troll! Trolling on a Saturday… desperate. Go outside and enjoy your weekend. It’s what I’m off to do!

Polygon got it wrong like the rest of us. So I’m fairly confident they know nothing more than the rest of us, and I’m therefore not reading too much into what they are doing. To me, it makes sense for them to average down for a fraction of their original cost… we are still (hopefully) in a paid for P3 trial with cash in the bank.

If they can get their average to around £1, I bet they’d snap someone’s hands off if they could get out at that.

The-Lockie - takeover rules mean they couldn't offer 30p:

• When a person or group acquires interests in shares carrying 30% or more of the voting rights of a company, they must make a cash offer to all other shareholders at the highest price paid in the 12 months before the offer was announced (30% of the voting rights of a company is treated by the Code as the level at which effective control is obtained).

cmww2014 - my view is that Polygon are hoping, like the rest of us, that ACTIV P2 data is very good and then that ACTIV P3 goes ahead and is ultimately successful.

They are managing to bring their average down dramatically for an extremely small (relatively speaking!) outlay. Those extra 2 million shares for that TR1 just cost them around £0.4 million. It would have been £4 million the other week.

I don't think they have any inside information. They might have access to RM, but what can he possibly tell them that we all don't already know?

Sharedealer2019 - I agree. This has been their pattern since Miserable Monday, leaving the TR1's until the very last minute because they are busy buying on the cheap and don't want their TR1 to bump the price up. Although it didn't make much difference today. I fully expect them to get to 25%, maybe 29.9%. they won't go beyond. on the 0.01% chance they do, I'll be very happy as it will mean a £2+ per share bid. Considering I averaged down myself to £1.20, I'll be ecstatic and will count myself very lucky. But I really don't think that will happen.

Calm down everyone. This TR1 was expected! It does not mean any bids will be incoming.

If anything, it’s slightly surprising they didn’t buy more on Wednesday. SP down at sub 20p for a long time, they could have really loaded up were they so inclined.

Phil - they could hold off for 11 months and buy the company on the cheap. But I think in a years time we'll know if Synairgen is completely dead in the water, or if ACTIV P3 has happened (and passed).

If the latter scenario, I don't think any shareholder (including the other II's) would accept 30p for their shares, so Polygon would have to offer more.

In summary, I don't think Polygon are looking to take the company over. they are hoping like the rest of us that ACTIV P2 data is good, that ACTIV P3 goes ahead and that maybe we can get on some other trials.

Well that RNS was a surprise... NOT!

Polygon will almost certainly get to 25%, so the TR1's aren't done yet. But much beyond that, I'm not so sure. And definitely not beyond 30%. They would not want to trigger takeover rules and pay the highest price paid over the last 12 months. That would be crazy.

Geovanni - so much in that RNS was vague. RM needs to come out and do an interview. But it seems he has decided to lay low for the foreseeable future. Not ideal from your CEO and leader.

quasar - yes, because that’s how share prices move… up or down in a perfectly straight line.

Docdaneeka - I agree. And it’s another reason why RM should face the cameras and explain things more clearly.

My back of a fag packet calculations had Polygon’s average at £1.20. But it’s certainly above £1 so I would guess they won’t be selling any time soon.

They can’t low ball offer either. Highest price achieved by SNG over the previous 12 months has to be offered. And they won’t be doing that. Nor will other II’s or PI’s accept nonsense like 35p.

I’ve brought my average down to £1.20. I’d probably cut my losses now at £1 but am hopeful of ACTIV P2 data being great, which if it is would mean this SP could go anywhere again.

If Polygon want to get to 25% and beyond, then surely they’d have bought yesterday. If so, TR1 could land any time. That might settle us back around 30p.

But to have a serious leg up (say 50p), we’ll need a really good RNS on the SPRINTER P3 data deep dive. Beyond that, we need outstanding ACTIV-2 P2 data. Ultimately, a lot now rests on that. If they are as good as I’m praying they will be, I see us back in the game.

Just what were the likes of aj242 thinking this morning pre market when they said this would close down on the back of that RNS?
And antofelli with his 7p?

They should be kicked off the board for trying to spread fear.

This board is absolutely flooded with trolls and traders this morning. Some complete nonsense being spouted.

Anyone who thinks that RNS is negative must be mad. Sure, it might not be the most positive ever, but it sure ain’t negative.
I treated myself to a lie in this morning, woke up at 8.30am and had the RNS waiting for me to read before I checked the SP. After reading it I was sure the SP would be up. Bear in mind, things were seriously grim last night, so anything better than us formally being off ACTIV was going to help.

My views on the RNS…

It says “temporarily paused”, not indefinitely paused or kicked off the trial. We haven’t started dosing yet so it would have been easy for them to cancel it altogether. IMO they want us to compete the trial but the design of it has to be right.

Omicron/Delta IV we were 99% certain would be positive. Still nice to get the 100%, but why so long?

And hopefully they will dig some more positive data/trends from SPRINTER P3.

We need Volodymyr Zelenskyy to run Synairgen when he’s done fighting off the Russians. Now that man knows how to communicate and rally the troops.

reece - where's the £25m probably gone? I know gas and electric bills have flown up. but not by that much.