Member Info for elcap

Definitely Buys - one of them is mine

SP was 140p when SAR notified that we did not get authorisation for trials in UK back in Nov. So there is still some upside to be had before we get back to that point. Also we are now a little ahead of that as P1a is already underway.

MM's happy to take all mine off me for £1.25. They are not having them, but clearly they still want shares.

New website is very good.
Is that the first time they have officially shown SRA737 to have completed phase II?
Elcap

I took Bailiffs advice and bought just after he did at 70p. (I'm also looking at buying my wife a cruise)

Well I can sell 25k shares for 96p so things aer looking up. (I'm not going to though)

Elcap

Not sure what "itchy bum time" is. But last presentation by BoD was just under a month ago. It was without a doubt the most positive I have felt about real progress with SAR for some considerable time. General consensus was that it was a very positive presentation and that the BoD had actually been incredibly pro-active in the last few months.
What has changed sine that presentation? Nothing, just the passage of time. Did we expect an update in te 3 or 4 weeks immeidately after presentation? I didn't.
News will come when it comes. Hopefully within the next 4 weeks we will get an update and hopefully it will be positive. Worst case I think we will get news within 6-8 weeks. Fingers crossed.
Until the news drops (one way or another) I think the SP will stay in this range. If it drops though I will top up.
AIMHO GLA
Elcap

Perhaps Tim is looking for a cruise. You are both experts in Cruises.

HBD / SOG - Is it worth emailing DR's Mitchell & Parker this info? I know they should know, but it might be worth highlighting it to them.
You will say "of course they will know", but nothing surprises me anymore.
Elcap

I'm not sure describing yourself as "famous" is very self aware. I bet over 90% or more of general public have nver heard of you.

No Joey - I think the SP dropped to this range because of the news a few months ago regarding the MHRA. I think the SP is artificially being held back because of MM's, or more specifically whatever the demands being put on themat the moment. (Potentially a large buy order(s)). That is why I asked the question if it is possible to buy a large amount at the moment on the market. I know it is possible to sell at least 25,000 shares in one hit, so clearly their is an appetite for MM's to buy shares, not sure if they have an appetite to sell the same amount. I don't have the funds spare to try and buy that amount (either in reality or as a dummy trade).
AIMHO
Elcap

MM's still want shares IMHO. Looks like they are trying to fill a large buy order, but no one is selling. Are they going to raise the price or lower it? I think they might lower it in the short term in a hope to flush out sellers, they won't want to raise it as they will have a price to meet for the buyer. Otherwise they will be out of pocket. Or they have to say to buyer they can't fill the order. Let's see how this plays out.
What I don't know as do not have the funds is whether it is possible to buy a large amount.
AIMHO
Elcap

Horse I look forward to having to make that decision.

Friday they were willingto pay 83.5p for all of mine, so in real terms they are willing to pay me 3p more today than Friday yet the SP shows a 5% drop on the day. Fun & games!
Clearly SP not going to rise until MM's fully loaded, or they are trying to fill a large order. Or both.
AIMHO
Elcap

Well they are happy to take my entire holding of me for 86.5p per share. They're not having them though.

it does show the MM's have an appetite for the shres at the moment.

AIMHO
Elcap

Can someone please email Soo Romanoff , she is the author at Edison to put her straight on the facts and the current Share price. I can't email her at the moment as am in the office and I don't want to use my work email.

Many thanks
Elcap

Does it matter how long it takes?
It's done, and in this instance it has taken SAR about a month. Who cares if it could be done a day quicker or a week quicker. It's done.
To their credit the BoD have clearly been working hard over the last couple / few months. Long may it continue. Once we get green light from our friends in OZ it will be all systems go. We may just be starting to build some momentum.
Let's focus on that for now.
Elcap

The Ozzies must be rubbing their hands together. The MHRA are a shambles.

I managed to get another couple of grands worth earlier, but don't have any more spare cash until Monday (Pay and bonus day).
There is always a risk of a curve ball being thrown in the mix but (touchwood) everything is looking more positive than it has for a long long time.
AIMHO
Elcap

Just tried a dummy sell. MM's happy to take my entire holding off me, despite the extremely low volume of trades today.
I think we migh tbe going on a little run once the MM's have loaded up.
AIMHO

Elcap