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Vlad has really done a stinker here, even more so than people thought a few weeks ago. Wiped off milions from his cap. What a bloody mess. Hopefully some UTurn will eventually occur. If it goes too low he really will have to look at extreme measures re funding to complete phase 1.
JFH - Thank you for that. Who would of thought the SP would be sub 1.7p post clinical hold being lifted? But, here the SP is and that is doing all the talking, sadly for LTH's. I think he's going to bumble along for a bit, because organising the alternative option as you point out, is going to take time, a lot of time, and there could be more SP pain to come - this is why I think it's further to fall.
And no, that is not for me to get a cheaper entry, as right now, there are too many unknowns, as attractive the potential looks, even at 1.5 or 1.2!
Let's see how Vlad plays it out. No doubt if a JV is announced, this rockets.
Oh, he still has yet to update the number of SII, it currently sits at the number pre-raise - why hasn't he updated this yet?
I'm referring to post general meeting JFH. With shareholders vote, he can arrange things in such a way a much larger placing takes place. Anything is possible, depending on how he sees best value for him. Diluting may be more attractive than selling part. Look at how Roach has continually done it over the years.........
Annual Shareholders Meeting soon - nothing to stop Vlad wanting to adjust things according to fund he may want to raise. Ceiling can be lifted on current limitations, everyone can be (will be I think) diluted further.
I think your views last night JFH cement Vlad is in a bit of trouble for the foreseeable. Share price goes down, just went I think it would reverse.
I appreciate your reply.
Question is, where is the value to an investor tomorrow 8am? What is currently compelling to buy HEMO.
Logic says one would struggle to understand a good reason other than trials, but the market knows part of phase 1 is funded, the balance isn't. I thought the sp was turning but given what we have discussed it's hardly surprising some think the so will slide further.
I know day to day sp isn't important to you, but it is to others.
Hemo is a challenging investment right now.
I'm trying hard to consider the catalyst for a sustained re rate where the sp gets somewhere and stays there. Vlad will not progress this business on any more pump and dumps. He is on his last investor trust legs. Seriously, he is.
The first short opened on Thursday. Expect another short disclosure tomorrow from Friday I would suggest.
Sadly this continues its decline tomorrow IN MY OPINION.
I admire Mary saying it's only money, but when money runs out for an investor due to bad decisions, what do you do? As I said Friday I cut my losses, my risk appetite just froze when I saw the pressure on the bid.
Equally, as Mary rightly points out, this could end well and rebound sharply. But that won't be any time soon in my opinion.
Amigo loans at one point was 300p I believe, now it's 0.2p. The FCA soon sorted that one out and the court soon declined the offer Gary Jennison and his team had put on the table in 2021 - the judge decided to favour the FCA and claimants. The business fell from there, just wasn't possible to furnish the judges recommendations. And the claimants were probably on the bandwagon!! I do not know understand fully the VANQUIS offering, and if it compares to Amigo in any way, but if claimants numbers grow and the fca get involved, this share will plummet further.
An interesting watch and one would hope the board here deflect the declining SP and issues some news to reassure the market and stabilise its market cap.
Erm, don't think I said that......
Anyhow, nice weekend I've no doubt this turn soon. Just my choice to hop out as I felt my risk appetite here waining. Don't normally comment on my trades so much, now I know why. Note to self on that and no ill feeling intended.