Member Info for GlenFidrich

Yeah, baserite, I'm not sure what his beef was/is but he would appear to be seriously unhinged. Probably got spiked on the year high and had to sell out for a loss (happens to the best of us). But definitely a contender for "plank of the week"! Best regards.

We get bought out for a billion dollars (by Gilead), but insist we're paid in Bitcoin (say at $100,000 per coin, by the time TM gets his act together). That nets us 10,000 BTC. When BTC hits $1,000,000 per coin (in 24 months) we all cash out. 10,000 x 1,000,000 = $10,000,000,000. Divide that by 3,268,000,000 (shares in issue) gives us $3.06 per share, which in real money (GBP) equals 2 pounds and 18p per share. QED.

Inshallah. mroverlyoptimisticbutwillingtobeprovedwrong

I'm a little confused by your post from last night (22:06) in which you state: "Maybe you missed the bit where Jim the CEO, who knows more than anyone, sold a bulk of his shares at 8p. Even the CEO thinks that's a good price and doesn't agree with your pie in the sky figures". The only relatively recent disposal of shares by Dr Millen I could find was on the 12th August, last year.
"The Company announces that it received notice today that Dr Jim Millen sold 597,332 ordinary shares in the Company at 6.45p per share to cover the cost of his exercise of options announced on 5 August 2020." So could you clarify when Dr Millen sold shares at 8p? If you were referring to the above i.e. selling a bunch of shares to pay for a greater number of options, he actually sounds like an eminently sensible bloke to me, but I'm sure you'll put me straight.



Following the sale of shares, the total holdings of Dr Jim Millen will be 1,386,947, representing approximately 1.42 per cent. of the Company's issued share capital.

Pay attention, 007. Really couldn't care less about the day-to-day price movements here. Wake me up when we get to 3p. In the meantime, patience. Q.

Yeah, I'm disappointed, too. The lack of news isn't helping, but the GP is sliding as well. Read an article today suggesting that if Bitcoin is the new gold standard, does that render physical gold irrelevant? I guess the jury is still out, but hard to hold here when BTC and ARB are hitting all time highs. Perhaps that's the nature of the game? People are being suckered into the bubble, and when it bursts, gold will be flavor of the month again. Who knows? The world has gone completely mad, and I'm struggling to make sense of it all. Can anyone out there enlighten me?!! Thx in advance.

https://www.youtube.com/watch?v=wVqWhM9COLM
Demand for copper will only increase as EVs become more commonplace. Hugely bullish for RMM over the long term, imo.

A pullback/consolidation is actually bullish so let's keep things in perspective.

Agreed. There seems to be support at current levels though, and if/when positive news on v25 is announced one might expect the sp to re-test the 1.33 level of early January (a not insignificant 30% increase from where we are at present). Is this a good bet therefore? Hopefully.

Cheers, webstar. An interesting read. What price Sareum if we were to list on Nasdaq?

Warty, give it a rest! As soon as the sp stagnates (never mind that we're up) you come on board peddling the same old negativity. You're like everything that's wrong these days with investing. You want your profit today (or, preferably, yesterday). What? Jam tomorrow? Forget about it! Whatever happened to investing for the long term? I admit I have on occasion questioned the board's ability to close the deal, given their somewhat gauche public performances. But, having known scientists in the past, their inability to engage socially is actually reassuring. Their brains function differently to ours! They're boring geeks to the mere mortals amongst us, but give them credit. We are, according to Tim, "best in class". OK, I'm willing to believe him. We now need to let him prove it! Patience, people.

So, too, OXB. "The Board considers the Consolidation to be in the best interests of the Company and its Shareholders. It believes that the effect of the Consolidation will be to improve market liquidity by reducing the volatility and spread of trading activity in the Company's New Consolidated Ordinary Shares and make trading in the Company's shares more attractive to a broader range of institutional investors and other members of the investing public, both overseas and in the UK". This from 2018. Sp has gone from 7 pounds (after consolidation) to 10 pounds today. 40% increase in just over 2 years.

I think Stach has a point. 3,268m shares in issue would normally put me right off. That's why companies like PYC and (perhaps to a lesser extent) DMTR see faster moves to the upside, purely based on the paucity of shares available to buy, in the event of a frenzy. But having said that, we all know from recent experience how fast the SAR sp can rise on good news, which I believe is down to the fact that there are many amongst us with extremely sticky fingers. The problem might come when trying to sell a million or more shares at, say, 10p a share. Will it go NT, in which case you're left at the mercy of those pesky mms? On balance, I favour a 1:10 (or even 1:20) share consolidation, which I think would see faster sp moves come the anticipated licensing deal/takeover, and maybe a greater chance to sell out when one reaches one's target. Just my opinion, talking out loud, etc. Forgive me if I'm barking.

My strategy with share dealing has always been to build up a portfolio that has cost me, in essence, nothing. With Sareum, that was to sell half my holding when I doubled my money, which I have done. That leaves me with 'x' amount on a free ride. I have to say, as someone else posted recently, it takes the stress out of the day-to-day gyrations of the sp. All I can say is, if you are 100% up or more, perhaps think about recouping your initial investment, if only for ones peace of mind. This is AIM, after all, and drug discovery to boot. You won't lose everything with Sareum (as they have many strings to their bow), but we all know how bad news can affect the sp. Cover yourself, and maybe be ready to buy back in should the opportunity arise. No disrespect to Ahfam and others, who are eternally bullish, but just a thought. GLA.

"bbs dont affect the sp". True, but they can affect sentiment, especially for those who have not bothered to do the most basic research.

The simple answer is that most of us who are invested in Sareum have done their research, their due diligence if you will, and believe in the IP and the company. Even Tim's interview on Tuesday gave some hints as to why many of us maintain the faith. He specifically said it wasn't about being first in class, but (by implication) it was about being best in class i.e. learning from the shortcomings of others and delivering a product that "ticked all the boxes". He also mentioned the possibility that news in the near term could be "exciting and topical" (I think these were his words) when talking about the recent Covid-19 grant, funding the exploration of the efficacy of our SDC-1801 molecule in suppressing the cytokine storm (or the worst effects of this coronavirus pandemic). These are the reasons, and others, as to why I remain invested. But, as always, dyor. If you don't like what you discover, vote with your feet, but I can't see the point in sowing the seeds of doubt on bbs such as this. Just my opinion.

No, you're right! Sooo, probably best to sell your holding in this 'Johnny come lately' company, and plough all your hard-earned dosh into whichever company you think is streaks ahead, and stop annoying everyone with your inane comments. Simple, even for you to understand. Jeez.

"Let's hope that one day something actually happens - none of us is getting any younger". Yes, Warthog, hopefully!

1.47p was intraday, if that makes a difference. I seem to remember it closed that Friday around the 1.77p mark, but anyway, Fadec, thanks for reminding us!!!!! By the way, do you still believe that 'quoteddata' assessment of fair value remains true (i.e. around 1.38p if I remember correctly). If so, you must think we're grossly overvalued?!!!
https://quoteddata.com/research/sareum-holdings-potential-strategy-covid19/

1) Painful is Tim's stock in trade.
2) Replacing? With whom? Better the devil you know...
3) Fund raise is odds on. But, as many have pointed out before, it wouldn't necessarily be bad news. The market might perform its usual somersaults, but in the medium term it might actually prove to be positive for the sp. I think it was Dr Zed who pointed this out, based on previous dilutions.
4) 2020 was one of the most rewarding years for shareholders that I can remember - far from 'infuriating'. We were, perhaps, slow off the mark (regarding the Covid-19 potential), but a steady approach sometimes wins the race (reference Aesop).
5) No need to apologize as balance is always welcomed on this board!!!!!!