Member Info for JohnLewis79

A small drop on the week (19) (0.375) on vol of 217k and 9 dealings is very much back to the norm. When there is no newsflow we drift and interest is minimal but stock is being squirreled away week by week. Wk 20 (last) opened at 11.75 & saw 2 large late trades go through (1.0m & 1.269m) at 11 but for those two trades vol was 70k Sphere closed at 10.75 on no Co specific news though BB chatter was focussed on the tortuous CE marking process, which if rumours were to be believed was on the point of being granted. As we now know it was many months away.

rugs tells me you can still buy decent chunks of stock (200k+) at below 7.5.

Odds on Swa, evens Palace next game.

Some cheap buying ahead of "I wouldn't want to be holding this ahead of weekend" bull****!!

Good question cellis...I'm hoping to attend and will try and find out ref: other uses etc...

Wonder if there had been much change to ii holdings since 2/17. Currently top 6 iis hold 70% or just under 100m shares. That leaves c 43m to be divided up among other iis and hnwi whose holdings are below 3%. cc have you still got that list you prepared a few years ago? With a likely placing in motion will we see the usual suspects at the head of the queue or will new investors proposed by SVB take up the lions share of 100m new shares at 6? Could they get this away at a small premium? It's been done before, Zambeef got one away at a premium, obviously a very different co so not comparable. Has it been done in our sector? Would definitely show some faith in Sphere if they could achieve this! Just a thought but in reality we'd be happy to get £6-7m away at any price. Prepare for another massive dilution taking us from 30m<>240m+ since IPO. Bet nobody thought that was on the cards back then!!!

Agreed this is in 'last chance' saloon..I'm assuming they will have funds for at least another year giving us a full years accounts. Hope we will be at the least break even point by then though TD has us losing money still. However if losses are small we can soldier on until revenues are able to support the monthly outgoings and we can carry on as a going concern. Many companies lose millions but manage to continue trading so I'm loathe to think that Sphere won't carry on even if losing money. Not ideal I grant you but if the worst comes to the worst somebody is always prepared to lend as long as revenues are steady and constant there is always hope.

SCLP got 50m away at 10.

Ok...but we could be headed that way...

£5 million at? You can bet at a deep discount to current 7! For once I'm happy they have not extended this no doubt very generous offer to their loyal long term shareholders. How certain are you of this Del?

Comeonvog where are you?..... Jodrell Bank by any chance?

200k @18.25 late on yesterday should see us a touch up at open but 20? No chance!

again says the OECD. The group of 35 countries are showing stable growth with an index score of 100.1 while the €Zone leads the pack at 100.4, Asia at 99.5, G7 at 100.1 & UK 99.7 which they see as coming under pressure due to fall off in consumer spending and thus an economic slowdown. However exporters are confident benefitting from the weaker pound which will help us selling into a growing €zone.

Once the funding factor is arranged hopefully not a RI or OO poss a D4E or similar the sp can start the long road back to 16 (last seen 4/15). I have little doubt Sphere will raise the cash but at what cost and how much blood will lenders extract? TD reckon £7-8m will be needed and should see us through 18 once sales start to come in as a year from now we could have 20-40 hospitals using P and connections substantially higher than the 150 last reported. Once P becomes embedded in hospitals revenues might exceed cash outflows quicker than we think. Don't want to get ahead of the game but prospects definitely look much brighter than when the sp was at 90-40-16-10-7! Remember it's estimated 12m arterial lines are in place each year so potentially we could achieve 10% which gives us the £200m mrkt size. At a guess Sphere has been de-risked by at least 80% since the IPO leaving 20% risk to sales, production & supply. Go back a year and where we're we? I'll tell you, not CE marked, not in production, no distributors, no sales, no added analytes, little news flow, continuing spend on mfg, no hospital orders, P seen as strictly c/care use etc, etc.... That's a huge turnaround in 12 months! While Sphere has been transformed and on a growth path the sp reverts to the mean.

Good luck a-2-b hope you find more profitable pastures! This has been a war of attrition for most long-termers, not suitable for women & children, if you get my meaning! If my avc was nearer 10 than 20 i might be tempted to take a loss and look for something with a pulse but that would mean taking a 60% hit and my cash position and horizon won't allow me to do that. Probably the worst position a pis can get himself into....

In my expirience cellis few pis ever bother to vote at AGMs, as these are nodded through on iis votes. We have zero say in these matters and getting two or more pis are to agree on anything is well nigh an impossibility re Co matters, so most never bother! Of course you can turn up at the AGM and voice your displeasure but as I said....

I noticed this in the AR. We often read that the 'global' potential for P is c $200m annually but since the addition of glucose and P being used on children of a certain weight the addressable market is expanded to £130m in Europe. TD see us getting between 1-2% of this by 2018...well they did say their assumptions were extremely conservative.

I have read the AR on my mob and I could find nothing on Co resolutions and voting to re-elect Directors etc...

Cellis you feeling alright? Your last few posts were incomprehensible to me. Not been at the sauce? Res no 7 would have been in the AR for shareholders to vote on at the agm. If your in nominee form you won't know what they are as these would be sent to certificate holders and Del is a 'paper' holder. You can always ask IR to send you a copy of the AR where voting forms should accompany the report.

If we can't get a lousy point on Sunday (will ensure Prem status).... we deserve to go down!