Member Info for Lazarus2

I have mentioned GGP before on here. The similarities continue with JBER leading the race to the bottom (Berenberg). Interestingly that is also GGPs broker. PH are here in a similar role with similar outcome.

In my portfolio XViolet, it is the stocks with good news due that are being hit hardest. I suspect that the shares with "good prospects" are in demand but only at a certain price. Also, brokers will be loading up to sell back to punters at a premium. The market is riddled with manipulation of some sort or other. The art is in identifying it and riding it out with each of our own agenda.
@Warthog - yes you are right. The FCA are toothless and I have had dealings with them. No good even though I won my case.

No I think it is pure manipulation of the sp whilst market conditions are able to justify it. That, along with the lack of news and an impending consolidation. One of my other shares (GGP) is also way undervalued and under attack in a similar fashion although it has been adequately demonstrated that it is being openly shorted.
If only the FCA had teeth eh!

Definitely will Spank. Been in this position before with Sareum and bought on lots of drops to 0.5p etc: It is a case of you either believe in the science or you don't - binary choice really.
My rationale is that, as a news dependent share - there has been no bad news to justify such a drop and there is plenty of news to come. If that news is poor then that would blow my rationale and optimism out of the water.
What is happening is immoral for sure. Illegal? I doubt it in such a lightly regulated market.
BoD have gone from hero to zero but they do not control the "market forces"

I am afraid this is the harsh reality of AIM investing. Those of us who have been investing since God was a teenager will have seen it all before. There is very little we can do other than ride it out or get out.
If PH or any other mm want this to drop then that is what it will do. It is also aided and abetted by brokers and traders alike. If you suspect that the BoD have colluded and are complicit then report them to the relevant authorities.
They have their boot on our collective throats as I said last week. They are obviously still squeezing.
It would not be right to offer any advice at this point as each individual has to make their own decision and then own it. It give me no pleasure in seeing profits seep out of my portfolio let alone anyone elses.
Good luck whatever your choice - not for the faint hearted at the moment.

Good, sensible post Xviolet and good to see a sense of perspective. Also like the FCA description from Star. You cannot just sit on information as too many people have reputations at stake but you can query them or ask for further clarification on a small point which would delay publication. Then, of course, it has to be checked by the Nomad for legal compliance etc: plenty of ways to slow down the inevitable release IMO.
I think T2 has worded his post wrongly as it gives the impression that Tim is holding them back and should be replaced by somebody who will release them. Fat chance of derailing a strategic plan in my view even with a new person at the helm.

Well, whoever is walking this down has their foot firmly on our collective throats and they are squeezing until it hurts even more. Not sold one of mine and not going to. Whether it is the mm's or the large brokers (or both colluding) they certainly want these shares on the cheap.

Section 91 is interesting although probably standard blurb. Leaves the door wide open for a merger though. Maybe my speculation relating to GSK R&D spin off is not quite so fanciful after all. Who knows.

I think we have all flogged the C word to death now and - as it is a binary decision - it is inevitable that it will degenerate into argument. Actually, we should respect each others views and positions and not try to win the argument or dissuade others from their chosen path. Myself included, we have all had our say on the matter.
Moving on, the fact remains that we are very close to news and this year should see a growing momentum in our development and towards our commercialisation of our science. It won't be a quick zoom for the sp, unless deals are announced, but more of a stop/start with the odd retrace almost inevitable. The case for investing has not changed one iota other than we are closer than ever for Company-defining news.
Good luck to you all - Traders included.

Spot the Trader....anyone?

Thats part of my point Warthog. The sp is where it is due to lack of news and not much else. I fully get that it can be used to disguise an ailing company, but, IMO Sareum is not an ailing Company. If it is why are we all here? I'm here for the news that I think is to come and I believe in the science. It doesn't matter a single jot what the sp is either pre or post consolidation. What does matter is that the board have the freedom to implement a strategic plan which will probably involve a placing, lets say @ £2 per share. So 10m Institutional share placing would raise £20m. If it is a no vote, the BoD would still want to raise the same £20m at a price of 4p (using consistent figures). Add that to the 3.4bn shares already in circulation and it starts to get ridiculous and a traders dream. No institutions will touch us.
As I have stated previously, if you do not believe in the science or have major doubts due to post consolidation drop and no meaningful news due, then surely it makes sense to sell now and buy back post consolidation at the much vaunted and feared lower sp.
I have no doubt there will be volatility and drift post consolidation but no different to what we are experiencing now. To state the obvious, the whole future of Sareum is dependent on news flow and progress towards commercialisation. I struggle to see where holding back the strategic plan and having no Institutions on board helps our cause.

So you are voting to remain at the same market cap or low level sp. Instead of the same market cap at a higher sp. I can respect your decision and your opinion Groverlad but I do not see what you are protecting.

I should also add that neither PH nor the Sareum BoD will be able to influence the timing of a Sierra update regarding SRA737- that could drop anytime in the next few months

Hi Silverfoil, I don't think it does matter other than their stated role (provided they succeed). I think far to much emphasis is being placed on their appointment. I also think it is difficult for them and anyone else to release a brokers note in the absence of the tox report which is a key milestone. They would look really stupid sticking their necks out at this juncture.
I agree with some of what Aber has stated regarding post consolidation but the real focus should remain on market cap and the number of shares in circulation. So for a market cap of around £130m we have all of this potential being lined up. Post consolidation, it will still be the same market cap with the same potential. Just under 70m shares in circulation and they will be in greater demand in the event of good news. Raising money will require far less shares to be issued for a larger sum of money. If in the hands of Institutional Investors they should be in sticky hands IMO.
My opinion is that there is far more heat than light being generated around the EGM and PH.
@Jonshare, if the sp were to open at £4 to keep us all happy for a while that would equate to 8p on the current standing. I am sure several would get out and not look a gift horse in the mouth.
A final note of caution: Please do not allow speculation become assertion and then be treated as fact. Very dangerous. Deal with facts and wait for news. If tox is not good then we are all struggling in the mire. News/updates are the crucial element to the sp.

*sheer

I think we are well oversold and the drop has been orchestrated compounded by weak holders selling out through shear frustration.
As you all know I have no issue with the BoD or Tim.
Look around at other shares (GGP) and you will see similar stories and retraces. CEOs not being castigated.
News is required - plain and simple.
Not much more from me today as very busy so sighs of relief all round - good luck to you all though

Hi Thoth,
I - and I am sure many others - would appreciate your views in relation to Chk1 and pancreatic cancer.
Don’t let the bar stewards grind you down!

And from a low of just over $13 this time last year. Something happening and may well bode well for Sareum

Absolutely fine and sensible if you are unsure or not committed.

So are we to take it that yourself and Mr Underhill, are either selling, sold or not holding?
It is only simple maths (or arithmetic) if the assumptions are correct.