RE: AGM Statement8 Dec 2022 17:01
Stevebru - that is an angry and nonsensical observation. I am unsure how much you have researched or how long you have been invested, but flash to bang for a Company such as Sareum is 10-12 years. Most of us have been around for that long. The 737 situation is not of Sareums making and there is a lot of fake news surrounding this. January may well bring further clarity.
1801/1802 have been developed along professional lines and both are highly promising. Sareum is not "sitting on them". We have a frustrating bump in the road that is widely accepted as not that unusual. My own source confirmed CTA delays which I posted on here before the news hit the wires. All consistent. We do need clarification but it will come at some point - good or bad who knows but my glass is half full.
The AGM will come and go. PH will blame a range of circumstances for share price performance including the delay. They have no control over the science/MHRA. Sareum will blame the market for the share price performance along with other factors such as investors selling due to cost of living crisis during the run up to Christmas etc: BoD have no control over market forces. Meanwhile, Traders/Brokers/MMs/Investment clubs will continue to trade or place really low orders for shares and the mms will happily oblige. MMs are all suffering from vastly reduced revenues and profits. They will take this where there is money to be made and where they can reduce their own exposure.
For comparison I make no apology for referencing GGP once again. Worlds biggest gold find (almost), mine being developed. SP absolutely crucified. Excellent BoD and CEO in particular but they can do absolutely nothing to influence the share price due to market influences/shorting etc: bigger ****show than here
I hope this helps put some things into a reasonable perspective. I share everyones disappointment with the share price drops but trashing your own BoD unfairly, trashing the CRO's, speculating over what is wrong is really not helpful unless part of a trading strategy which some here have openly declared.
In a meeting of executives or managers or people the first person to answer is usually the dissenter, the second one is the antagonist and opposes the first view and the third one is the one who should be respected as he/she has listened to the wider argument before plunging in.
No amount of handwringing and wailing will change the course of events.