RE: MM Activity8 Sep 2021 09:47
The anticipation of good news here is palpable and credible. However, I think we are all guilty of over-anticipation, over speculation and of subsequently over-thinking the anticipation and speculation which often leads to believing the speculation as fact. It isn't.
I do not know who the 3 x HNIW's are and, quite frankly, I don't care. Their confidence to invest is good enough for me.
Directors dealings are reportable as RNS almost immediately they are concluded - so no Director deals have taken place.
Directors are sitting on the knowledge of a secret patent which surely would constitute insider dealing should they load up before releasing details.
I am confident that our BoD would not fall foul of insider dealing rules therefore the HNWI investments would not fall into that bracket whatsoever. We have no idea when these individuals approached Sareum nor what the conditions of investment were but they have obviously been met. I suspect the Edison presentation was the catalyst and that occurred way before the initial trial concluded.
Stick to what we know, trust in the BoD and watch for news.
The science is compelling, results to date are highly encouraging. We just need a commercial strategy to be revealed, funding option, and a road map to commercialisation.
Sounds simple enough but I am sure it must be like wading through treacle for our BoD along with any confidentiality clauses to comply with.
Great opportunity though.