Member Info for Joshholdforgold

I can’t make sense of it either.

Synairgen had a section on their website of significant shareholders. No other names posted.

Do we really have 6+ small holding ii’s? It seems unlikely but that must be the case. That or a single foreign II is late submitting their TR1.

If an new large II was accumulating post placement, would it be worth the fine (or whatever the punishment) to hold back the TR1 and clean up the cheap shares available now? Assuming they believed their TR1 would help the share price recover? But far fetched, just trying to think outside the box.

https://www.handbook.fca.org.uk/handbook/COMP/10/?view=chapter#

Not the most user friendly document, however it appears to me, that claims for loss due to a late TR1 would be very difficult to substantiate.

Follow me down this hypothetical rabbit hole:

You are a major player (J&J, Pfizer, Gilead or more likely a subsidiary or venrock type acting on their behalf) who had bought most of the £80m new shares, then 2 days before you are due to submit your TR1, the SP halves and you believe this is an over-reaction. An opportunity too good to miss.

You know that you can acquire shares half price now without driving the share price up. You know that if the TR1 were to be released then it would likely cause the SP to recover.

You buy all he shares you can in the fire sale.

Then, when happy hour runs out, do you keep your head down and keep acquiring?

What would be the consequences of submitting a day or two late?

I got an article on my phone news app the within the first couple of mins of the share price dropping.
I think the info was in the public domain which caused the drop.

I’m still in. Battered and bruised from such a vicious day. But nevertheless, I’m sticking with it.

Mod pod - what does trade sideways mean?

This strongly supports the theory that Sng have not wanted to be tied to the U.K. government rather than the government not having offered to fund and support them.

That is massive!

All my additionally request shares appeared in my account this morning.
I put in for 3x my open offer allocation.

Following on from the earlier post by GBK questioning why we might be overlooked, I decided to try to do my bit.

In response to GBK, Volit1lity posted the trial at home link and PMJH listed key notes to send to MPs and media. (Worth picking up)

I posted the Facebook link with a 1 paragraph summary of recommendation on my Facebook page and will email my local MP later.

I was shocked to find that the Facebook sign up page has only 290 likes. As Pmjh said, we can as a group raise the profile of SNG to help others, and to help our investment.

So who else is going to do something to help raise SNGs profile today?

https://m.facebook.com/covidtrialathome/

UpDownWinLose: 9pm summary again tomorrow evening please?

Eva - I think the excitement comes from that fact that one of your posts said billion not million.

Maen - this is not true. The dilution would not have equated to such a large reduction.
As many posters said yesterday, it is likely they will have been invited to take part in the placement and taken the opportunity for a bit of arbitrage but we won’t know until 2-3 Nov.

Thanks bagitup. I thought that might be the case.

And do we think this means the offer wasn’t fully filled?

I was eligible for 1700 shares but requested 3000 if available. Over night Lloyds took the funds for 2800 (as I didn’t quite have enough in the account).
Has anyone else had the funds taken for additional shares?

Kirky - it is definitely supplied in syringes. Under the dosing description relating to the phase 3 trials it talks about 1 syringe or two.

It is syringed into the nebuliser, I believe.

Bong koh have sold some shares. It’s simple maths.

However that may well be to fund their purchase of shares through the open offer and/or part of the 80m at 1.75.

Like PIs I’m sure they would take advantage of the arbitrage opportunity.

It seems to me that someone who was not involved in the placement is hoovering up shares at 1.86.

Makes sense

How do you know that it was a transfer? Is that speculation based on the fact that you think PI buys were not significantly less than PI sells?