Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I think whoever is left holding here (myself included) is hoping for some game changing news which is going to dig us out of the huge chasm they’ve thrown us in.
What that might be is anyone’s guess.. takeover, inward investment, new partners, new territories. They certainly are not going to get the market to back any equity raise that’s for sure after this latest screw up by Greg.. with Trust totally shot to pieces hard to see where the company goes from here.
As for the funds on the register, wouldn’t be surprised if they’ve all bailed too.
Amazing to think Shield have this priceless iron deficiency cure and have totally effed it up. Expectation for survival (never mind success) have never been lower.
Facts:
1. AOP do not have a loan outstanding.. they were paid up in the last fundraise and converted their debt into equity on the loan from 2022
2. They have c.45% of the company
3. They here supported all fundraises without seeing a single share on the way
4. The IP is held by the new debt provider
But don't let facts get in the way.. jeez
AOP have been screwed over like the rest of us make no mistake.. what they do next will determine what happens to the anyone still left holding on
Came across this useful whatsapp group that appears to update on all things Shield:
Follow the Shield Therapeutics Plc (STX) channel on WhatsApp: https://whatsapp.com/channel/0029VaDFRQp1HspsEQAApC13
no idea who has set it up but it appears the owner updates regularly
Shandy, i didn't think you had it in you to see the positives.. haha that's a very good summation and one that i am also expecting give or take.. as the sales guys get fully up to speed in 2024 i am "hoping" there may be a few "blowout" months where sales growth take an above average pop to get us motoring.. 10% MoM growth seems very achievable given they are currently running at c.25% MoM
AOP supporting yet again i see (albeit probably protecting their position in the process)
i know we're all ****3d with the situation but collectively we can make ripples and get this looked at regardless of whether anything comes of it.
so as well as the fca we should make the effort to advise the lse - they work in conjunction with the market abuse team at fca and they have stated they want to hear from market participants who believe there has been malpractice/foul play:
takes a few minutes to email but we shoyuld all do it:
marketsupervisionenquiries@lseg.com
cavendish and peel hunt would have made their clients insiders to this deal. and it has been some of those insiders who have illegaly traded on this price sensitive news either themselves or shared the info to others who have acted on it.
it was so blatant we could all see that yesterday - so it is up to us pi's to make the formal complaints and request the investigation from the authorities.
they must be held to account and only a concerted effort will this ever remotely be possible.
send this email - don't delay all of us must do it to stand any chance of it being looked at!
Wow cash burn, cash raise, blah blah blah give them a bloody chance to get some traction in sales FGS..
Yes It's about the joint execution and the numbers, absolutely no hiding from that fact.
BUT If we cast our very short memories back to a little over a month ago and you may recall a certain GM confirmed in the July business update that 23 sales target was on track... granted it's a pretty wide target between 125k - 160k BUT he's putting his reputation on the line here (even on achieving 125k) so let's wait and see how a full sales team are 'bedding' in before wetting said bed
Jeez
Are these posts for real?
Concern over sales? FFS Jan just underway and the board already guided Q422 to be c.10k - if that weren't enough guidance then they went onto state the new sales teams would kick in from Q2 so Q1 would be shield on their own as they were last Q.
I mean some of the cr&p and scare mongers on these boards never fails to amaze.
Be careful what you believe and dyor otherwise stay out.
Lot mention of exciting companies in portfolio.
However, No point getting over excited with any of the portfolio NSCI literally don't own any of them.. they are advisory Holdings for EMV clients..
As of interims only Holdings were:
Sagetech was 2.25%
Pointgrab was less than 0.5%
Hopefully that clarifies for everyone as important as easy to misinterpret.