Member Info for elcap

Had seen it before but watched again tonight. You forget how outrageous it all was. (And they all just carried on). Another documentary worth watching is: Crime of the Century. on Sky Documentary. (and probably You tube). its on the opiod crisis in the US and the actions of the pharma companies. Shocking.

It seems there is some dissention or opposing views as to the short term prospects of EUA share price. There are plenty of very positive comments and plenty of very negative comments. Perhaps those who are makiing these comments would like to predict a SP for close of play in a fortnight's time.
I haven't commented thus far but am happy to give my prediction. I think SP will be 34p in 2 weeks. There will probably be a dip on Monday then a steady rise to possible 38p again before coming to rest at 34p in two weeks time. Now your turn.

Thanks SOG. The Sierra slide states H1 2022 they will start additional clinical studies with SRA515 and/or SRA737. I read that means SRA737 is definitely moving forward with or without SRA515.

Apologies all I am up to my eyes in work ATM. I thought we had already carried out P1 trials for SRA737 albeit not in USA. Our agreement with Sierra means we only get milestone payment once P1 trials have started in USA, therefore it should be a 'fait du complet' as results from SRA737 trials outside of USA were very good.
Can someone confirm if I am correct or am I having 'senior moment'. I'm not sure which.
Cheers
Elcap

sorry Slices not curtains - Where did that come from!

well beef curtains - Let's hope you get a shock.

Hi danny, any sort of volume and SP should go north quickly. The issue is there may be more sizeable buy orders, but without anyone selling they won't have the shares to fill the orders. I think we may be in for a wait until some volume picks up.

Only one trade today. But it's an £86k Buy.

Clearly I don't think so. And bearing in mind there have only been a handful of trades this last couple of days, the market doesn't think so either.
I believe this is currently undervalued, hence my purchase. I look for value and to get in before the masses. Having done a little research I liked what I saw, since then the SP as dropped 12% and we have had 2 positive RNS's, not earth shattering RNS's but decent never the less. Based on the above I bought 94k shares on Wednesady at 4.70p.
I'll pop these in the bottom drawer for at least 6 months, but will be happy to hold indefinitely. Was I right to buy on Wednesday? Who knows. I guess we will find out in due course. If SP drops on NO news or further good news then I will probably top up.
What are your thoughts?
AIMHO DYOR
Elcap

Keiny - should be on or by the 7th Oct. I am checking daily. Still says pending at the moment.

got em for 4.70p this afternoon no problem.

Horrendous - Yes the whole scenario is questionable. Who knows what conversations have taken place between company and II's. In my view II's would have not been surprised by rise to 26p, perhaps it was a condition of share purchase for the amount of shares that BOD allowed them to purchase. Wheels within Wheels. The SP will be what II's and BOD want SP to be at any given time. MM's will facilitate in order to maximise buys/sells. They are market makers after all, that is their job, to make a market. When the players want the SP to drop/rise it will drop/rise. The only thing that will change that is substantive news. Until that news arrives I fully expect the SP to fluctuate.
AIMHO DYOR
Elcap

If recent history is anything to go by, the SP will drop to around 6.2p before bouncing back to 7.2 then slowly slide back again. Only thing that will change this sequence is news.
The next bit of news expected is confirmation of Patent granted.
AIMHO
Elcap

Horrendous - I agree MM's don't care what the SP is. However they are facilitators. Hence the drop to 26p a day before RNS drops advising II has bought in at 26p. The same way price drops in order for shorts to close prior to a rise. MM's facilitate those who are buying big or selling big. The more shares traded the greater the profit for MM's. They do what is best for volume, not what it always ethically right. There is a difference between the two. AIMHO Elcap

I don't think P. Andrew has any plans at the minute. His diary has less social events in it than mine I reckon.

I don't think SAR will be around in 18 months. They will have been bought and assimilated by a large Pharma long before then.
AIMHO
Elcap

saturation diver in North Sea. I watch a documentary on a diver who ran out of air at bottom of the sea. Was down there was 28 mins with no air, they managed to recover his body, gave the kiss of life and 3 weeks later he was back working again at the bottom of the North Sea. Bloody amazing. Well worth a watch. If that is your day job Bruno I doff my cap to you. Fair play.
Elcap

Cheers HBD - I'll keep an eye out.
Just need to focus on getting funds to top up
Elcap

I'm hoping to pull some funds to top up, hopefully in time for positive news on Patent. If SAR don't announce it as soon as they have the confirmation, someone will find it on internet, there will be a lag between it being posted on this BB and SAR announcing it. It is in that space that I will look to top up.

Correct - they are buys