Member Info for Leggster

The drop in sp is disappointing but not as bad as the fall in many other stocks in the current turbulent scenario. Personally comfortable with news not being issued in the current market conditions.

Today in my opinion was about Ukraine not SAR, lloyds were down more , its unfortunate timing but this is the time to sit on your hands GLA

My personal belief is that the share price will trend up for the remainder of the week, based on this weeks RNS all being positive, tree shake will have taken out weak holders, more news could well be incoming GLA

That was supposed to start Ahfam, auto correction is a pain....

Ahead, great post really good to be reminded of the opportunity here, patience is needed when investing in this sector, let's hope for some news in the coming days and weeks to give further momentum. GLA

I have said at current price levels my intention is to vote no. This is not though because I fear dilution, if we are going to go deeper into trials before licencing funding will be needed and although other options exist dilution is an obvious option. However future licence deals revenues will be higher and ultimately for those who hold rewards  maybe greater.

I am still though hopeful that this is positioning in negotiations and that this scenario may not materialise. Although pure speculation if SAR were negotiating and wanted to maximise their hand perhaps they would appoint a broker, at short notice, to give legitimacy to other options for moving forward eg consolidation and access to ii's. I have no view on manipulation of the SP, it has drifted but the news flow has dried up and volume has been low.

The science is though still exciting with potentially multiple pieces of good news on the way at any time. I personally am still positive about prospects for this share GLA

At this point I am still intending to vote no, for me I want to see some news before the vote and sp increase before I will vote yes. I have though topped up today, for me the science and opportunity are still all very positive. GLA

Well I did not think we would see these price levels again. The science is good, 737 royalties will start to move soon, hopefully MTD info soon, trial applications coming, news still to drop on Covid and unknown licensing deals undoubtedly being discussed. Hopefully the consolidation is driven by optimising those discussions. Also maybe one day PH will issue a broker's note. What is not to like here, I had intended to stop accumulating at the higher price levels but IMO this is a time to buy, sold some other stakes last week and will be adding again next week GLA

I am not at all concerned with the warrants, 4 years for an exercise right is normal practice in my experience. My view is that they have been priced to allow early use, I believe its a good indicator that the 7p level will be broken through again in the near future. GLA

A decent performance by Tim, no surprises in a negative way and good to here that Covid related avenues are still being considered. For me this was all positive re-inforcement of why I invested and I will continue with a strategy of patience while matters unfold. GLA

I agree with Aberystwyth here, After thinking this through over the holidays I will vote against consolidation if the price has not risen from current levels.

Looking forward to see the development and news flow for 2022, I would like to see the tox report published, some progress on 737, a partnership on 1801 or 1802 and then consolidation. IMO one or two pieces of news and then consolidation is the best outcome for existing holders GLA

I'm an optimist I hope we will see the results, with my lens being the BOD having the AGM scheduled to allow the maximum opportunity for news to drop. Always hopeful for the positive personally GLA

There has been some discussion around yesterday's buy from Parker and that this buy means no news imminent. There have also been views that this does not apply because he is a NED. I think a closed period would apply to him as a NED but I think there are allowable carveouts, one I think is for 'stabilisation'. IMO the SP falls were significant enough to enable a stabilisation action and this therefore means that a closed period could still be in play and news could still flow on a number of fronts. GLA

Thanks Mafuta good to see this formally on a slide, let's hope the design is finalised at pace. GLA

I wonder if the next RNS will be a disclosure of a major shareholding? If PH are accumulating for someone we must be getting closer by the day

Sadly a true observation, I had hoped naively that the reduced milestones would result in some progress.....

My view on SAR is that the BOD have done well over the last year. Their main focus is science and this is first class, they have also done a decent job on promotion. Not perfect but I prefer them to concentrate on their key competency, the science, yes timelines have slipped and they are taking their time on making decisions. Not something I critise at all as you only have one chance at optimising a deal. I suspect they are working very hard on delivering in line with the strategy that as shareholders we have noted and accepted. Of course sp falls are frustrating but no science has failed and for one I continue to hold and trust the BOD to deliver the best outcome.I remain confident that this will be a great investment but some patience is required. GLA, I personally will continue to sit on my hands irrespective of short term fluctuations

Completely agree feel PH are in mix for deal expertise. The silence from SAR I believe will be driven by gagging claue's IMO they are tweeting where they can. This in itself for me is a sign post that we should be patient to get our reward in due course GLA

Working, not entirely the same as last year. Those options lapsed in Dec 2020 much closer than this year when they lapse in March 2022, why sell with all the positive news yesterday unless they suspect they will not be able to sell for some months. A closed period being expected is entirely logical IMO