Member Info for elcap

I have been working then travelling for the last couple of days so have just caught up with this BB. I read all the comments prior to reading the Chairmans Corner update. From all the comments on here I went to the CC update with an amount of trepidation. Having now read the CC update I am very pleased with its contents. I think it is the most positive and bullish update I have ever seen from the BoD. I thought it read very well and it very much feels like they have everything under control. Fingers crossed they now finish the job off and get a/some deals done.

It feels like we are now in touching distance of the promised land.

From a Sunny Pennsylvania

Elcap

Now they are offering 22.2p for 50,000 shares.

Fun and games.

Elcap

MM's currently offer 22.21p for 100,000 shares. So they do have an appetite for a fair amount of shares.

If appetite increases then I think we are off to the races.

Elcap

Potnak - You are the voice of reason and are right.

I just keep imagining what impact good news (however small) would have to the share price and my piece of mind.

Elcap

Fair enough Glenmere. I take your point. But if Chairman was to say on website that it is "so far so good" and that they were successful in completing the 12 week trial without having to terminate it early. Would that not me financially impacting the Share Price?

If he was to say that I think it would have a positive effect on the Share Price. If he can't say that in a public forum (other than official RNS) then he should RNS it.

If he can say it in a public forum / online etc without having to RNS it then he should say it.

Either way I think they should update the markets at every milestone. Completing the 12 week trial is in my book, a milestone.

Unless there is another reason. (in negotiations or potential buyer doesn't want them releasing that type of info).

That is my view. I appreciate some or all may have a differing opinion.

(I may be in the minority of 1 on this, but for me, we ar missing a trick).

I don't think you can get in trouble for releasing too much facutal information. And by definition every piece of positive news (however small) has an impact finacially to the Share Price.

Elcap

My view is that they can RNS at any stage. They could have RNS'd every single week of the trial if they wanted to. They could simply have stated. We have now successfully completed x weeks of the 12 week trial and at present there have been no known issues. Equally they can release an RNS stating the dosing phase of the trial has now concluded successfully. We have now entered the post study evaluation period with timeline as follows........

The question is do you release the teaser RNS's or do you wait and release a (hopefully) banging RNS?

Personally I would prefer the teaser RNS route as it generates a lot more interest from the market. More eyes will be on it as more PI's become aware of the potential good news coming.

However I also see the merit in one big banging RNS. But I'm not sure it has the same impact as like it or not, SAR remains under the radar.

SAR have done such a good job of hiding their light under a bushel that most of market won't know they exist.

BIG pharma probably does though and maybe that is the only audience SAR are looking to please. A drip drip of positive RNS's would also please the markets as well so that's why I prefer it.

Ultimately though if it's good news it might not make too much difference.

AIMHO

Elcap

MM's are currently offering me 23.01p for 75,000 shares. (I tried 100k but didn't offer)

Potnak, good idea. (We can dream).

With the amount of shares I have accumulated over the years a £1 a share is live changing.

£3+ and the mansion is a real possibility.

Also means I can retire. I'm 54 in a couple of months. Retirement at 55 is the dream.

SP of a £1 and that dream becomes a reality.

Elcap

Elcap

SOG, HBD, Laz (and all of the other LTH's who regularly contribute to this BB). If this comes good how we hope it will then I won't have agarden to put all these statues in , I'll have grounds!!!

Fingers crossed.

Elcap

If it gets to £7 a share I'll put up a statue of you and Thoth on the driveway to the mansion I will be living in!!!!!

I think you're a bad influence on me Bailiff!!!!!!!

Well they are willing to take 225,000 shares of me. That's the most they've ever been prepared to offer on.

So who knows, but I'm hopeful it's a massive positive.

Ps. Couldn't resist a further 19,982 top earlier.

Elcap

I feels like MM's are trying to fill a big buy order, which is why they want so many shares and have dropped the price.

AIMHO

Elcap

The are still offering to buy 250,000 from me so they have an appetite.

Previous higest number of share they have been willing to take of me in one hit was 200,000, and that was last week before we went from 20p to 25p.

I think we might be going on a run!!!

Elcap

Well MM's are willing to take at least 250,000 shares of me, so looks like we could be about to go on another run!!!!

I'm not too concerned (if at all) about warrants. More cash into the kitty if they do convert and warrants are already factore in to Market Price anyway.

Are we on the cusp of something special?

Could be.

Elcap

Couldn't resist my final final final top up. Another 40,520 shares for me.

MM's happy to take 200,000 share off me. I'm not selling but it shows they have an appetite.

Elcap

How many weeks have we done on trial now?

MM's will take 175k shares off me so looks like we might be going on another run.

Elcap