Member Info for lordloadsoflolly

Ezhik - your decision makes perfect sense now & I sincerely hope my previous comment caused no offence. It certainly wasn’t intended to.

A profit’s a profit at the end of the day. Or to put it another way, a bird in the hand’s worth two hats in the mush.

Sorry to hear of your health issue - hope things work out well for you.

Hi again Ezhik - thanks for the serving suggestion!

Strikes me as a bizarre time to be selling, but each to their own. Guess I may be eating my words as well as my beanie in the morning….

I don’t think your train analogy is particularly apt. You don’t commit to something in an RNS if there are things outside your control which might prevent it.

Least, not if you’ve any sense.

Ezhik - as I suspect you really know, it would be daft to RNS your intention to do something by a particular date if you weren’t 100% confident in achieving it.

Bo isn’t daft, so he WILL meet tomorrow’s deadline. Or at least provide a further update. Otherwise I’ll eat my hat (luckily I don’t have many hats, other than a beanie which should slip down nicely if necessary). Which it won’t be. Maybe!

Span - methinks private messaging’s only available on subscription.

Span - thanks for that heads up. And sorry this is off-topic for everyone else!

The long term (15+ year) share price graph for A…. resembles a cardiograph.

Not sure my ticker could take all the excitement, but I may still decide to do a bit more research.

What makes you think it’s a winner?

Philpot - you’re right. Lowest discount:NAV since around June 2022.

Which to me either suggests investors are expecting NAV to grow imminently (part-triggered by a potential SpaceX IPO). Or the price is getting a bit ahead of itself. You decide!

Span - I fear Tigtig may finally have lost his crystal ball.

Either that or his marbles.

Span - yup, I know - was just continuing the playfulness. But thanks!

Crossthetea - Tate & Lyle developed a very similar product to SALT’s many years ago.

And despite all their commercial expertise & resources it never really caught on and was eventually quietly withdrawn.

Which begs the question as to how valuable SALT and its various patents really are.

Ezhik - yes the sky’s falling in.

Oh wait, it’s only Wednesday and they said an update’s due any time this week.

No way they’d have issued a timeline for the next RNS if there was only a vague chance of achieving it.

I’m 100% confident there WILL be an update by Friday 20th February 2026.

Adyan - agreed. My post was slightly tongue in cheek, though they could perhaps have been slightly more specific - eg “we anticipate our cash position being more than sufficient to cover the current FY” (assuming that’s the case of course!

I guess by stressing that all divisions should reach breakeven by FY end, they’re implying this anyway. Mind, we have had similar (missed) targets from them in the past, so let’s just wait & see …..

Skippy - I can’t imagine many potential offtakers being interested in - or even reading - Hex’s RNSs (unless they’re considering an outright bid longer term.

As others have suggested, I think Friday’s RNS was purely to steady the ship for investors. The SP had been slipping prior, as there’d be no news for a while and unhelpful speculation was brewing about possible reasons for the delay.

Unlike PI, I’m confident Hex will follow through on its promise to give a fuller update by 20th Feb.

* heavy lifting

Yes, a vaguely reassuring update (just over £1m cash position at year end).

I say vaguely, because the language used in this RNS is all a bit fuzzy - “no current intention to sell its SBTX shares”, “no current plans to sell PBX shares”, “no current requirement to raise new funds”.

The word “current” is doing all the heavy listing here. And it’s anyone’s guess how long current remains - er - current.

Still, better than no update and appears to have steadied things for now. Or should I say currently!

Aquae - that sounds a very solid argument.

SOH’s age & past health are IMHO justified reasons to be cautious. As are the company’s current overall finances.

Personally I am invested, mainly in the hope Sweetbiotix eventually surprises us by launching with some big names & taking off.

And yes, that may never happen. But if it does, you won’t be able to get in at anything like the current SP. All boils down to your risk profile I guess. And your faith in SOH (which has been severely tested for most of us over the years!)

At least he has a significant personal holding, unlike many a dodgy Aim CEO, promising great times ahead yet remaining strangely uninvested themselves.

Asimpleinvestor - this is becoming VERY tedious on a board that’s meant to be all about Hex, not individuals.

You’ve a very odd way of interpreting what I wrote. And if your intention is to stop me stating the bleedin’ obvious, dream on.

Just filter me & move on. As I’ve now done with you. Honestly, some people.

* slanging (not slinging!)

Asimpleinvestor - I never said the board was all about me.

I simply suggested that if you want to prevent an irrelevant uninformed slinging match from clogging up this board, best way to do it is by ignoring rather than engaging with the offenders.

If you disagree, I suggest you just filter me & have done. Can’t say I’ll be unduly bothered.

Meconopsis - not convinced SpaceX’s transition to a listed company would significantly narrow SMT’s discount to NAV.

It would undoubtedly increase the fund’s overall NAV though. I guess the question is how much (if any) of SMT’s NAV discount is down to its proportion of private holdings.

A few years back this was certainly a major investor concern. But now, with several of these private holdings way outperforming the public ones, I’m not so sure.

Net - you can’t even take an “educated gamble” here at the moment. Just an out and out punt on whether more bad news will follow as the investigation proceeds.

Given how things have moved on between Friday & today, I suspect there’s still more to come out of the woodwork.

Personally I wouldn’t touch this with a bargepole right now. The CEO has clearly either acted fraudulently or with gross negligence or both. And I doubt we’ve heard the last of it yet. These sort of people tend to be serial offenders until they’re found out.