The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
A lot of nonsense being written this morning. It's a positive RNS but it is only reaffirming the last update. No reason why this should propel us up to 10p. Then again there is no real reason why have dropped over the last few months and climbed back up over the last few days. A couple of big 'unknown' trades this morning that are clearly buys, so it's looking good.
PCS1954 — Fair enough. It was a little tongue in cheek. I've read just about every message here in the last 6 years. There are plenty of well-informed posters. But Potnak consistently keeps his feet on the ground, which is not easy to do with all the surrounding noise. It is much appreciated.
As usual, Potnak is the only person here talking sense.
How priced in something is directly related to how certain it is. If we are 99% certain that the tox results will be very good then I think we can say they are 99% priced in. I'd expect a flurry of excitement when they are published but I don't expect much of a rerate. Still, there is plenty to look forward to.
HBD, apologies. I misread what you meant.
Bluenote, the decline started before PH and is nothing new. We've seen this happen for years when volume is low. Fearg's analogy of a hot air balloon is a good one. It's annoying but I don't think it is anything to worry about. As for what PH are bringing to the party, I've no idea but I'm not going to make my judgement after a couple of months. Let's see...
HBD, you're usually more measured than that. We have not seen a decline in SP over the last 12 months. A year ago it was about 2p and we are now at 5p. Pretty good going and I'd take the same again this year. Of course, it is never a smooth line and I wish I'd got closer to the peak when I topsliced (I sold a chunk at just under 6p) but overall progress is good. Between news the price always slides but with so much due it should turn again soon. My only concern is that some of the news might already be priced in. I'm not sure that the toxicology report will change much, but hopefully it will lead to more news. All good here.
https://twitter.com/Sareumplc/status/1472919636299632650?t=BegsumU-8Yc5Jg0ujB22ag&s=19
Ahfam3, I am excited about all the upcoming news but I am getting a little frustrated by the hype around the 'secret' patent. I was at the investor meet. Someone asked about the patent. He said that they had the option not to reveal what it is for, which gave them protection. They took the option so he wasn't able to reveal what the patent was. However, in 18 months the protection ends and then the whole world will be able to find out about it. I didn't detect any barely controlled excitement. Just a simple statement of fact. He wasn't being coy and it would be revealed in due course.
That's not to say it won't be important and obviously I hope it will give a boost to the price. But let's not get carried away by reading too much into a few words. Anyway, hopefully we will find out very soon, maybe even today. Fingers crossed!
https://www.wnycstudios.org/podcasts/radiolab/articles/unsilencing
Not directly related to Sareum but an interesting listen.
Delighted with the recent rerate but the effect on this board is very frustrating. I have filtered the obvious idiots but I'm still having to wade through dozens of posts responding to the idiots. Please just ignore them.
Listen to the great Richie Benaud's advice: If you can't add to the experience it is better to keep quiet. Or something along those lines.
I'm glad to say I am a victim of the tree shake. I have been thinking about topslicing since last week and finally sold about 15% of my shares for 5.81 following the RNS. It is a really encouraging one and I'm glad that everyone thinks it is good news, but it also reminded me that it only takes one negative bit of news for the price to plummet. I don't think it is going to happen and this is definitely not advice but I feel so much more relaxed now. I'ved
https://twitter.com/Sareumplc/status/1401818258160996354?s=19
Quite dry and boring as to be expected. Nothing was ever going to be given away. Tim did finish by saying he was excited about the next 6 months. I suppose you would expect that, but if you are looking for a positive signal that was it. Anyway, back to waiting for 'mid 202'. Hopefully it is early June rather than late August.
GlenFidrich, I completely agree with every word of your post (perhaps not the moron bit) but I don't see how it relates to Fadec's posts, which are usually very detailed discussions of the science. I'll take that over predictions of 7.6p by the end of the month, any time. But everyone sees what they want to see.
Of course I'm worried, but I have seen this happen to know that it doesn't mean anything.
One thing I would question is why you think that any potential price increase on news will be limited to a certain multiple of the price at that time. 500% from 1p is much worse than 500% from 2 or 3p. Well, yes, but if the news makes 10p a fairer price then that is what it will rise to, regardless of whether that is 500% up or 5000%.
Either way, I'm not going to consider selling anything until we have that news so it really doesn't matter where the price drifts to in the meantime. Just hang in there and wait. Can't be long now!
Can someone explain to me why anyone would bother to deramp this. Those making those accusations all think we should be miles higher very soon. If that is right, why not just buy shares and ramp with everyone else?! Are they really trying to get the price down so that they can get an 11-bagger instead of a 10 bagger? It seems like an odd strategy to me.
Thank you for the responses, everyone. Ahfam, that's a nice summary of what we have to look forward to. I suppose the question I still have is, given all that, why is there not more interest? I find it hard to believe that institutions and big investors don't know about Sareum.
Saldoldgit, I do, of course, wish that I had topsliced when we got close to 3p recently. I never have because I am waiting for the big one. I'm still hopeful that we are close. But I really think it is silly to think that we should be cheerleaders for the company here. Nobody significant is going to be influenced by anonymous postings on a chat board anyway. I am here to keep up with developments. I admit that I don't have any knowledge to contribute but I am entitled to ask some questions.
This is exactly what I mean about people on this board closing down anyone who questions the narrative. I have an average of 1p so I'm already pretty happy. But I think it is valid to ask why there is not more interest in us given the circumstances.