The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Spot on Bigeasy. IG is attempting to create FUD as he knows that RF selling alone will not feed a short position and needs other sells to take it lower.
Hi number of posts are immaterial - read the content. Recent uber ramping on GCM has been a damp squib to date. It doesn't take a genius to work out that, with RF sustained selling, the sp will drop. But how long for? - not too long I would guess.
It is what it is and RF will be clear soon other than for Warrants. Where will it go once we have clear skies?
IG - who do you work for.. oh hang on… that’s a very large portfolio and lots of your GCM predictions haven’t come to pass.
Fine that you express your opinion but forgive us if we just follow the news and the science. Thanks though
Morning HBD - The final tranche of shares hit the market on Friday but I am quite sure that the market is able to control the sp whilst some remain - I think this is currently the case. The warrants are not an unusual event so I do not think it would put any prospective partner off and nor would this final tranche as everything is enshrined in contract and will not vary. Therefore it is a known liability.
My own opinion is that the safety data requires publication as any would be suitor has a duty of care towards their own shareholders so would be ill-advised to enter into an agreement before the data is published. Just my own opinion of course and I would like to see a "completion of trial" RNS from Sareum with no adverse events identified subject to confirmation and publication
I don't agree Nicely. The open was particularly obvious as is the decline. Yes it is sells from RF shares being trickled through on a forward selling basis I would bet. My point is why open at 38p? I am sure you know as well as I do
It seems that this morning is another prime example of manipulation with the sp being opened at an unrealistic and unsustainable price of around 38p - leaving a significant gap between last nights close and this mornings open. As a result, the MMs have been able to present a declining sp this morning. I suspect they are also forward selling RF shares on a trickle basis. Whatever the case those shares will disappear and the sp will rebound.
We reached 28p before dropping back courtesy of RF and looks like the pattern is repeating itself. Less shares though. Still all good here and we are not that far underwater from last nights close.
Yep - It was overpriced and market cap at that time was unrealistic with no revenue stream and very little cash. However, we are, potentially, getting into a much stronger position. I agree that we should be back up to over £1 but there will be investors selling out on the way up.
All good though and looking forward to news.
Aren’t you all overlooking the fact that you all probably have many more Sareum shares in your portfolio as a direct consequence of this dilution? Ample compensation I would say. At least be balanced
I wasn't referring to you DeAar - but if the cap fits then wear it.
I warned early this morning about the uber rampers as I am now warning against the uber negatives. Why would anyone get themselves burnt if they don't sell? News due would also guarantee them a payday in the other direction surely.
I do not have an objection to individuals making money but I do hate the disingenuous ones who collaborate in a blatant attempt to scare or over enthuse investors.