Member Info for HotblackDesiato

Hi SOG - no worries, I wasn't expecting an instant answer!

Thanks for the comprehensive response. Yes, it's essential that SAR are able to position themselves in such a way that we have options for the future. Will we see another HNW add to the pot in the next week or two? I expect so. Will we have access to the additional £30m? Yes, in due course.

As others have alluded, unreported trials may already have started and our postion can only grow stronger from here on in.

My other holding has recently been underwater but appears to be heading back to the surface in the coming days. The decision to go all-in on SAR is very much at the forefront of my thinking. As Thoth has pointed out, if you have complete conviction in a company then why wouldn't you go all in?

Buckle up those seatbelts, it's gonna get wild!

Regards,

Hotblack.

Hi Mafuta - do you mean this? https://www.gov.uk/guidance/elect-a-qualifying-company-for-tax-exemption-on-uk-capital-gains

Hi SOG,

It's all just speculation but rather than sell the whole company as some predict, do you really envisage SAR wholly financing something like this? Or would it be more likely they go into partnership along the lines of, say, a 40:60 revenue split e.g. you make our pills and market/sell them at a max price of £10 per pill? I'm sure some large pharma would take 60% of multiple billions rather than have 100% of nothing.

Oh to be a fly on the wall at Sareum HQ.

Regards,

Hotblack.

Lest anyone be in any doubt - https://www.gov.uk/tax-sell-shares

Basser - where have you read that most AIM shares are exempt from CGT? They are exempt from stamp duty, not CGT as far as I'm aware.

CGT is due the moment you realise the gain (that means the day you sell your shares) and your gain for the tax year is over the threshold i.e. you sell shares in your trading account and any profit over £12k (or whatever the tax threshold is) is liable immediately for CGT. Some people think as long as they keep the money in their trading account they're ok. They are not.

Anything in a Stocks & Shares ISA is bulletproof, dividends included.

https://aim-watch.com/project/aim-tax-benefits/

Regards,

Hotblack.

Hello all,

Once we know what the secret patent is, do you think that will be the final catalyst for takeover offers?

For all we know the BoD have already received figures written on scraps of paper slipped under their door but the next patent could be what they're waiting on before actively entertaining offers from prospective pharmas.

Any thoughts?

Regards,

Hotblack.

Cheers for the update Krone, at least you tried.

Plus he liked a good yacht.

Same on all other shares. Maybe the techs are poking Quavers up their bums instead of Wotsits.

Yeah, think there's something up with the algorithm - each trade is getting reported twice.

Hi Potnak - can you ask your daughter to monitor the trolls for Stockholm syndrome ;-)

Thoth - one side effect of getting covid appears to be you've turned into some sort of soothsayer. As predicted https://www.theguardian.com/world/2021/jul/25/seriously-ill-young-people-in-current-covid-admissions-expert-warns

Your next prediction is 17p by Friday. Someone make sure that man gets an extra ration of Wotsits.

Tilly? WTF? Dilly!

To be honest I'm not sure if responding to any of Sierra's tweets has the slightest impact.

Will their BoD read their own Twitter feed? Doubtful - why would they when they already know what the business is (or isn't) doing?

As for their media team posting the tweets, would you expect any of them to have the slightest idea as to what 737 is?

What we need is some sort of Ray Winstone character to go round to Sierra's HQ, sorry, 'gaff', and catch Tilly as he's getting out of his car, "listen 'ere, sunshine, fings could get a bit tricky for you if ya don't get your act together pronto. Now I've got a friend, goes by the name Knuckles, yeah, and he's got an interest in medical matters....well, 'e breaks bones...an' not in a nice way either." etc.

I presume whoever is behind the Sierra-Noncology Twitter account will keep badgering them until they get their finger out. 'Course, wouldn't be any of the good folks on here now, would it?

Further to my recent posts on covid from the latest issue of New Scientist, on the subject of how many deaths are acceptable, it said -

"Opening up society will mean that more people will die from covid-19 than if restrictions remained. No country has explicitly said the level of covid-19 deaths it will tolerate, but some countries, such as New Zealand, have effectively decided to accept no infections or deaths, instead pursuing an elimination strategy.

Ministers have acknowledged that the ending of all covid-19 restrictions in England will lead to more deaths, but haven’t said how many are acceptable.

Modelling by Anne Cori at Imperial College London and her colleagues suggests there could be anything from 9400 to 113,000 deaths from covid-19 in England between 2 July 2021 and 1 June 2022, depending on how people behave and how well the vaccines work, but she stresses the uncertainties. “I would not emphasise any specific numbers,” says Cori.

Other modellers agree. “Forecasting death numbers is much more difficult than anything else,” says Matt Keeling at the University of Warwick, UK.

Even countries that have pursued an elimination strategy may be forced to tolerate waves of infections and deaths when they open up after vaccination campaigns are complete."

Just remember, as mum used to say, 'if it isn't clean enough to put in your mouth, don't bring it in the house'. Sage advice.

Hi Luvely - well played! Whilst not in the same league as you & others, I'm 6-figures up on paper at the moment and want to make it 7. Patience, patience, patience.

Hi WIP - 0.29p? Aye, that's it, rub it in. I just missed out on the sub 1p club (was thwarted by a weekend between deciding 'yes' and buying in) but I can't complain. Just a pity I've averaged up since then!

Also not sure what pressure could be put on the Patent Office to speed things up - it's not a new type of mousetrap we're dealing with here, it's a potentially life saving drug so there can't be any shortcuts or death my result...much like a new type of mousetrap ;-)

Del - the only thing we know for sure is the details of the patent application are no longer a secret after 18mths. Not too long to wait now to confirm if SOG's thinking is correct re the contents.

You never know, it could be granted next week and the sp scoots up to Thoth's next target of 17p before the end of July.

It'd certainly be handy if it did hit 17p next week as I need new socks.