Member Info for Lazarus2

Agreed PCS - of course if RF could find a friendly and sympathetic broker then the 60k sell this morning would be snapped up by the said brokers clients, the drop would then be counteracted and RF make maximum return. Said broker and clients also benefit. Stitched up all round if you ask me and a good read for the FCA.

Aber - the only rational and scientific progress and validation v sp.

The art of profit making is buying low and selling high. You would double an investment bought now for 35p - or even lower. Same as 40p or 45p. The reason a lot are whinging on here is because they bought high and either can’t get out or have taken a loss. Basics really

Even stronger buy signal now Bluenose

Best of luck Krusty.

If the manipulation of the sp wasn’t obvious to people before, it should be now.

Morning Koolkat, I agree with RF being the only viable option. Not necessarily the bankruptcy comment though as we should be funded through to end of Ph1b. Also, the comment "subject to funding" is a necessary caveat as the Board are not permitted to mislead investors if they do not have sufficient funds at this moment in time. I would imagine that the Nomad would have picked this up if they hadn't stated it themselves (maybe the Nomad did)

The Board have to be honest when they are being open about progress and developments otherwise they would be rightly crucified. It is also a personal integrity issue.

We can all see the flaw in the financing deal however, the flipside of the coin should also be examined. Some of the detractors here still think that there is a magic money tree or a queue of would be lenders out there. Sareum had to move quickly and had to move away from UK in order to make progress or whither on the vine. Setting up a subsidiary Company in Oz to facilitate things and moving the business plan forward at speed after the UK delays. Can you imagine the board had Sareum gone for the 50p per share when they were sat at over £1? The Board have worked diligently to get this going. The CEO will be aware of his numbers and his balance sheet, H&S, Regulatory compliance requirements, tax laws, scientific developments and manufacturing requirements not to mention dealing with would be suitors, legal requirements and NDA implications. Meetings, non-official presentations and market regulations all require attention.

These guys sacrificed salary for shares. This told me the believed in their science and themselves. How many of you guys would work for nothing or for a deferred period? And they did this all for what? Personal vitriol from individuals who, once the sp reaches a higher level, will sell their shares and never be seen or heard of again.

Anyway, enough from me. There are 2 sides to a coin

As with yourself Surfie. You don't appear to be invested and take delight in any drop. Who are you lackeying for?

Not an unsubstantiated at all Bluenose. It may well go lower courtesy of RF and any short positions, however, the RNS outlines significant progress. Fair enough if you don’t believe that but I do and will continue to buy. No advice intended, just my view and my position.

Yes - I do run a business

Totally agree PCS - mind-boggling. It demonstrates that our directors are damned if they do and damned if they don’t. Just accept the progress report and take a helicopter view of events. Much simpler, less speculation and less angst.

I am really pleased with the update as it reinforces the buy signal, especially at this low level.

That is the most relevant point Silver. Sends a big signal

Probably not Silverfoil. But it is certainly welcome and Sareum remains on track to deliver.

@DeAr - MAD ongoing but keep finding the negatives

Basil - maybe they have used that expression due to the fact that they are looking to replace RF. we know there is sufficient funding to the end of Ph1b so maybe it is a sign that they are looking elsewhere. I hope so. Saudi may be a good starting point

Basil - maybe they have used that expression due to the fact that they are looking to replace RF. we know there is sufficient funding to the end of Ph1b so maybe it is a sign that they are looking elsewhere. I hope so.

RNS out and all good with Ph1a which is now complete.

Great research last night SOG. Appreciated.

Steady as she goes and 1802 “safe”

Cheap as chips

I think you are all missing the point that RF would not want to miss out. Expect further manipulation in order to facilitate maximum benefit - not necessarily for us shareholders. Just RF and their cronies

An after hours trade of 25k shares at 42.50

Gunner - have a read of SOG’s post with the link in it to Industry wide issues facing the smaller Biotechs. It could have been written with Sareum in mind. It would probably provide you with independent answers to the points you raise as opposed to hearing it from the likes of me. I am not saying you do not have a point but it seems to be an industry wide problem

Agreed Aber - another 25k just gone through. Keeping the lid on any buying pressure.

The good thing about price manipulation is that eventually, whoever is behind it, they will have to buy back. Bigeasy may have been correct with their Intel

No problem Potnak - I am pursuing a similar strategy so not too far removed from your own position.

Good luck with the refurb: