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Both strategies can work. Why buy? Cheap as chips and if we all wait for funding to be resolved we are likely to pay more. Also, there is no guarantee that we lth’s could participate in any raise. It would also be interesting if something came from left field. With the new ISA allowances within touching distance, I would imagine PH may well go long. Interesting times.
Ah! Joey - birdbrained as well I see and no intelligent response other than insults. Nobody who is invested can feel smug - this is about simple arithmetic from here. Oh! and I have read your negative views for years and never understood why anyone would talk their investment down - that’s if they are invested at all.
So it’s goodnight from him and it’s good night from him (and all the other aliases used on here) goodnight
They do seem to be becoming a tad worried and are doing everything to dissuade investors from buying. Makes you wonder where all these buys are coming from. Anyway, new ISA allowances not far away now. MMs and Brokers will want prices higher in order to cash in. Follow the corruption!
Do not misquote me - you are disingenuous. I stated the downside from here was minimal. You will buy to close your short as will others here.
It matters not and I will continue to buy. This difficult period will pass and the sp will rise again. I assess that I can make significant profit from this level. When a share is unloved, that is the time to buy.
I am not in the least bit intimidated or worried with regards to your negative insults
I, for one, have been buying at these low levels. There will never be a better opportunity to get shares at this price once news drops. The downside from here is minimal and the upside is significant. The shorters know they are on limited time and RF shares are dwindling. No point in complaining when this rises and you can’t buy in. Even the shorters will be buying to close their position - especially PH and their lackeys
I hope somebody will be in to at least offer you both a cup of tea. Personally, I do not understand the logic of visiting. There may well be nobody there or, if there is, they can probably only provide reassurance without divulging anything material. I am not unsupportive but I do not see what there is to gain.
As for Puma/Robin/CoL/Whitesuitguy what a disgusting comment regarding age and Alzheimers. Not remotely funny and shows what an odious individual he is. Shameful.
I agree Bigeasy. I've been banging this drum for a while with regards collusion and posted yesterday how Brokers get away with their corruption through the lack of regulation and obfuscation. Legalised fraud.
I still have the "operation Cleopatra" screenshot saved which was further evidence of possible insider dealing in my opinion.
Easier to blame the BoD than the market makers and Brokers as the BoD are high profile targets whereas the Brokers are faceless and have all the cards stacked in their favour.
Tom Winnifrith is all about Tom Winnifrith. It is fair to say he will make you a small fortune but only after you have invested a large fortune.
The sp has got the better of me at this level and I have bought more. The BoD are not panicking and may well be working through implementing Plan B. Shares are a gift at this level IMO. 36p and a 100% return is possible
Ben - you have inadvertently made a good point. The BoD are accountable and rightly come in for some flak. We are also accountable for our own decisions and, in my case, I am accountable to Mrs Laz who loves being in the negative “I told you so” mode. No escape.
The ones who always escape scrutiny and accountability are the brokers. They are a bunch of complicit rogues who will use our shares from their nominee accounts to go short. We were tipped off about PH going short and the next day sure enough, the decline began to where we find ourselves now. There is a wall of silence from Brokers who hide behind weak regulation and obfuscation.
Will the sp rise going into the new tax year? You bet it will. We are all being played and/or mugged as small investors. What is happening now is all about creating greater churn going forwards so that - if news comes - we private investors cannot take millions out of the market leaving the Brokers licking wounds. It is a callous game. You never see a bookie/broker going to work on a bike!! They always win
I agree Graking - seen it happen on so many occasions over the years. We knew what was coming after the RNS and the weekend visitation from a prolific shorter who operates under many different guises.
Despite the situation, there appears to be plenty of buyers with only RF and brokers encouraging the drop. Personally, I will follow the brokers as opposed to the herd and I will buy after the next update.
I agree that the BoD would not want to throw away a lifetimes work. I sincerely hope that Sareum are screwing RF by going elsewhere for funding. There are only 72m shares in circulation so plenty of headroom for issuing more.
The BoD has deferred salary in the past so they are well aware of how to operate on a shoestring. Best to wait for the next update. I am not advising buying or selling. This is just my personal view.
Despite the negative RNS relating to funding there are a few possibilities for raising funds:
HNWI’s
A major purchasing a stake in Sareum
Open book raise to include shareholders
Shareholder action
Saudi Investment as per their stated ambitions to become a centre of excellence for leading edge medical science and medicines.
737.
I have no idea how it will play out but there are options. Also the RNS suggested that wheels were already in motion.
A long way to go but we are far from being skewered. We just need the plan B confirming.
Also worth mentioning that there are only circa 72m shares issued so plenty of headroom
That can’t be the case funnyguy and you know it. If there was anything adverse with the trial it would have to be reported. We have had nothing to date other than the finance caution.
The finance has been a poor deal but I would imagine that there is more to come in terms of updates. Who knows what direction we will take but the fat lady is not even warming up yet let alone singing! If you think we are screwed I would sell up and take what little you can, while you can - that’s if you have any of course