Member Info for Lazarus2

Follow the news - ignore the noise from the lackeys

Good post AugustDestiny - hopefully the link says it all especially the pipeline

https://sareum.com/research-development/

Interesting point - personally, I don’t see a requirement for dual listing as the investment case would be the same as here in the UK once de-risked.

I think the stated strategy of licensing is intact and I also think a TO would be welcomed.

I say this because no takeover would take place without safety and efficacy being demonstrated. Any buyer would need to show due diligence and respect for their own shareholders.

Also, I look at the age of the NEDs and of Tim and John. They must all have an exit strategy and I see no signs of succession planning within Sareum. They can keep going for a while longer yet but if the right offer came along I am sure we and they would accept it.

Only my take on things which I am throwing into the mix.

As for the sp improving and when to sell, the mms know that at this level, £1 per share would provide a 100% return and likely trigger some selling and/or slicing. This will enable them to retain control of the sp in the future as will RF warrants at £1.43 as and when they are exercised.

All remains good here for now and we should follow the news.

The trades showing at 50.85 are definitely buys.

Most that I know have also added more yesterday. Bigeasy and myself discussed mm games and short positions on the chatboard last week so no surprises this week when most of it has come to fruition.

Yesterdays spread of 48-50p was this tightest it has ever been I believe. Nobody could have made much profit with MM's relying on fees more than margin. There was an absence of daytraders with RF selling after hours - again. A cynic would observe that the selling down suits RF position and also suits Brokers clients - Collusion? I couldn't possibly say. Funny how they never take it up to make a market.

Congratulations Silverfoil - well deserved rest I am sure.

Also, don’t overlook the manipulation of the spread in order to show buys as sells and vice versa.

They have many levers they can operate.

I take your point Potnak. Unfortunately, I do not believe it is that straightforward. I agree with regards to RF but the sp can be taken down when demand is higher at a lower sp. MMs - if they accept the lower priced orders, need to take the sp down even further in order to make their margin.

I also believe that larger brokers may not lend out shares to hedge funds but they never state whether they themselves are selling clients shares held in nominee accounts, in order to lower the price temporarily.

I am afraid I am a cynic. Brokers and their clients can make money from a low sp and that low sp also benefits RF. Recent concerted selling made it obvious what was going to happen.

If the City can manipulate LIBOR as they have done in the past, I am sure that AIM is a doddle.

Coincidentally it is PH that is helping to suppress GGP sp.

Good luck with it Rayboy. I will buy a chunky amount end of this month/feb: Personally, I am not too concerned about a few quid here or there as I am anticipating that any positive news will lift the sp

Very wise Surfie - it is as if you knew! Anyway probably saved yourself a few quid - hope it doesn't rise too quickly for you!

*their

If only I knew Rayboy. If PH are short and RF are selling then this could go lower. Buyers are often scarce in January due to post Christmas blues and January is the month that we all pay our tax bills. Individuals that I know will put there tax liabilities aside and into the stock market until it falls due in January and then sell. That being said, yesterdays and this mornings sells are all round figures suggesting a concerted effort to get it down

There we go - down - as predicted.

Take a read of the GGP board - being shorted again and house broker complicit. No wonder investors are leaving AIM in their droves- legalised fraud IMO. Transfer of wealth from pi’s to ii’s. Or to paraphrase Alan Bates “ The City controls the market and we are just little skint people”

Thanks Bigeasy - explains what is happening and vindicates my earlier observation. Watch for a drop tomorrow as a result of all of this. Leaves a bad taste in the mouth.

Not sure any broker holding nominee accounts would report shorts as they just sell our shares that they hold into the market. It’s as easy as that.

Surfie - the sp had been inflated by the arrival of the HNWI's and most of us here took advantage of the inflated price. We have subsequently endured Covid, MHRA delays, Global conflicts whereby investors fled to cash or gold leaving traders and shorters to take control. The RF financing (which was necessary to get us into trials) also took us down aided and abetted by Puma and Maj (I am sure you remember them).

There are also in-house issues with general PR and communication but there isn't that much factual information that can be released.

Underlying all of this, is the fact that we have now made some significant progress operationally and scientifically and we all have visibility of 1801 progress and 737 progress with 1802 to come.

Why would you wait until the sp is much higher to invest when the bargain is there to be had at this level. I respect the fact that it is your decision to make and you may wish to wait for further progress to be made.

I will continue to buy at these levels whilst I can although I acknowledge the risk. The early bird catches the worm.

I think it’s you that needs to pay attention Surfie. Put my comment into its correct context and by all means rubbish it if you feel the need to. We all know the reason it is down at this level but - apparently from your comment - you don’t.

So genuine question Surfie - is this a buying opportunity or a selling opportunity?

Somebody is looking to take this down this morning - unless there is a decent buy in the background yet to show.

Some decent buying has been going on recently and, although it hasn't altered the sp range, I fully expect to see a larger sell coming in from RF today to balance the books for the mm's. I am pretty sure that the buys are slowly but surely eroding RF's position here.

Add that to the fact that 737 deal is on its trajectory and, if successful, could well provide funding for 1801 ph2. By that time I would also expect the sp to have recovered sufficiently, therefore allowing for a substantial raise to take place if required.

Sareum does not have a clearly defined cashflow runway just yet but some building blocks have gone in.

I know funding is always a source of genuine concern to investors but I think our options have improved.