Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
The one who bought in at 8.25p either:
Did their research and believes in the future value, so doesn’t care too much.
Didn’t invest what they can’t afford to lose.
Has a diversified portfolio and understands the ups and downs of the stock market.
Invested on a whim, seeing +20% and was dreaming of being mortgage free and retired at 27, without so much as looking at a balance sheet.
I’m done here :)
Grover, I see it everywhere. It’s boredom and rainbow chasers. People will be sitting on something delivering news and sell here to put their cash in that good thing.
Or simply run out of patience and sell up.
Think of shares as cornershop sweets stock. If nobody is interested in them, the store owner will drop the price a little to get people interested. Suddenly all the kids want the SARBAR at a bargain price. Then he puts the price back up and kids have had their fill. They spend their money on the latest winka bar. SARBARS are still delicious.
Then one day, from nowhere, SARBAR release a tv advert with Angelina Jolie eating one, big news. And you can’t buy them for love nor money. SARBARS are the same recipe. Perception and sentiment returned on news. All the while we were wondering why nobody was buying SARBARS and they were always on sale in the local store.
GLA
Yes Danny! I was going to reply to your post on another thread that had this snippet.
If the results were cr@p then they certainly wouldn’t SUPPORT the continuation.
At worst, they will meet the minimum criteria to continue, and that’s good enough for me at this stage :)
Thanks all.
Forgot to add that markets are also made on liquidity. MMs need liquidity to create the market, and if it’s not there they trickle the bid down to either tempt weak holders to sell, and indeed encourage people to buy the dips. They make their money on spread and try not to hold excess stock themselves for long periods of time; that’s risky. Volume * spread = profit. They don’t care about the science one iota.
We are frustrated because we know the potential and can’t believe we aren’t higher. Patience.
We are “in the club”; we know the potential. There isn’t going to be fresh meat piling in and creating the market. Give it 6-12 months and we will be the ones watching people fall over themselves to raid the sofa to get in at 20p :)
Reality check here.
We are pharma. Unless you’re Pfizer/Moderna in the midst of a global pandemic, you follow the procedures with no waivers, exemptions, or BILLIONS of dollars thrown at you to accelerate trials and research. Process takes time. We are talking human lives at stake if we get it wrong.
The BOD don’t care about us little shareholders. Or the share price. AND THAT IS A GOOD THING. They care about the science. About the results of that science. About saving people who need that science. Yes, one day once that science is proven the BOD will be worth billions of pounds, having done their good part for humankind, and sail off to the sunset. If we are patients and believe in them, we can be on the yacht next to them in the marina.
I’ll tell you a brief story about a CEO for an “inventory monetisation” fintech. Rocketed from 0.06 to 0.75 in weeks. 14 months on, struggling to keep 0.18. He LIVED for the shareholders. Constant updates, tweets, promises. I steer clear of these types who build the dream and don’t deliver.
I’m the last 18 months we have gone from trickling at 1p to holding 5p fairly comfortably. 9p was dizzying to see on the screen but I held for the science.
We aren’t “being held down” by MM’s. Sentiment drives a market.
HNWI’s aren’t “only in for 50 bags”. And they’re not wrong about SAR either. They know that investing is a long game. They diversify their portfolio. I’m December 2021, they probably made a million from something they invested in back in 2018. They’ve bought into the science and have focussed their efforts on other new investments. They don’t care if we are 3/4/5/7p. They know one day it’ll come.
If you’re after a quick 100%, go somewhere else. Maybe crypto if you’re feeling lucky.
If you’re slating the BOD for not making you a quick 1000% by risking human lives and taking shortcuts; seriously get out.
If you no longer believe SAR will deliver, that’s okay :) Set a sell target and take a bit of profit.
I’m not selling a bean, no matter how long that takes.
Feels like a few here may be over invested or wanting to chase rainbows elsewhere.
Long post, sorry. Just frustrated with a lot of the same cr@p lately.
Tox results soon.
1801
1802
737
Lots of reasons to be positive
A closed period regards accounting is 30 days prior to publication of financial results.
A blackout period could be imposed for internal employees and directors to restrict trading on inside information. ie. news or a buyout . I'm not aware of any fixed rules, such as MAR as to when a blackout period must be enforced.
Additions and deletions to the index were announced last night. The index is rebalanced twice per year but the November one is the big one.
We are “only” in the Micro cap index based on Mcap but still a great place to be
Sorry for the delayed reply.
Being in the MSCI index means that certain funds HAVE to buy stock in the companies included the MSCI index, all done by weighting. Some ETFs follow MSCI.
I believe the funds have to rebalance by Dec 1st.
It’s not going to be game changing moves at all, but there will be buying over the coming weeks.
For me the big factor is exposure. Some funds/IIs don’t buy stock on AIM but being in the MSCI makes us more accessible and visible.
I don't begrudge them at all, and absolutely they deserve it, and still have massive holdings.
I just think - if this is not a closed period, we can't be expecting big news for a number of months. And if they are selling at 6p, they can't be expecting a big uplift for a number of months.
I still believe in this company, and above is all today's news says; not that the directors are selling out...!
1: I'm not sure why consolidation is even being discussed. Pointless exercise for us at this stage, IMO.
2: if we consolidated 10:1 you would have 10x less shares in your purse, but each one would be worth 10x more. Net benefit zero. Doesn't change our mcap.
And to add, with the recent raises by HNWI + options, I very much doubt we need a placing. Unless, what we have is absolutely freaking MASSIVE and needs even more millions to progress.
Which puts me in an interesting position...get more in asap, or save cash for a potentially discounted placing...
My 2p.
Only now are big pharma actually able to start discussing buyouts, takeovers, licensing etc.
I would VERY much doubt Sareum would give any of these guys a view of what is within the patent before it is protected. Even with NDA’s. I can imagine big pharma can afford way better lawyers than us to squirm out of copying.
Just my views, doesn’t mean it’ll take long though. Can imagine this morning they’d have their scientists and lawyers poring through the documentation and expect a high level recommendation by the end of the week of “get whatever cost” or “don’t bother”.
Then over the the purse holders to decide how they will play/much they will pay.
Exciting times !