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Do not think in terms of "supporting the price" when opting, or otherwise, to invest in TERN at the current low level.
I bought a goodly amount last week including a few at sub 10p and viewed the purchases purely as being exceedingly good value.
The SP seems very likely to rise as the various strands of the investee's progress come more in to focus; no matter how inept the TERN BoD appear to we PIs.
Any upcoming strong rise in the TERN share price will quickly serve to snuff out the discontent currently in evidence.
As for EGM's, any move to secure such can be ignored by the BoD with consequential action requiring court intervention.
No thanks !
That is a moot point Nolupus.
If his earlier calls had been persistently successful, then fair enough.
As with all mere mortals though, such is not the case, I would not therefore attach too much weighting to his call on IMM for he has engaged in a long history of bias against the company.
If it turns out that nobbygnome is more astute than we optimists, then good on him.
There must be an acute shortage of green boxes looming for LSE, given the sheer weight of trolling in evidence on this thread.
I am anticipating that a decent RNS is in preparation, which should for once, have a positive and long lasting impact on the TERN share price.
BUY
Good link antelope except that you understate the magnitude of DA's achievement; for Device Authority is classed as one of just 10 "overall leaders" in addition to receiving an accolade for being a "top implementer".
This all augurs well for underpinning the approaching uplift in market sentiment.
Mrlofer
Q. Were the now Loan Note Holders insiders ? A. Yes
Q What was their motivation to provide BYOT with additional funds? A. A 9% coupon and a basement strike price.
It is a shame that we "clowns" could not obtain an invite to onboard this particular gravy train.
GMS borrowings in 2021 attracted an average LIBOR rate of 0.2%.
6 month LIBOR rate 12 months ago was just o.15%
6 month LIBOR rate today = 3.3% (or a twenty two fold increase) and is displaying a vigorous upward trend.
Should the ongoing dramatic increase in debt funding costs lead us to examine the similarly increasing risk profile.
I have sold my GMS stock.
Do not encourage Uncle Lockjaw by regurgitating his further spurious claims.
His 51 society, I believe, relates to their target for the number of consecutive occasions that they can be proven totally incorrect when attempting to "forecast" a future event.
One no sooner corrals all the ne'er-do-wells into the filtered zone when hey presto another malcontent is created.
Teddy might strike, but only the once.
Time for a rendezvous with Tom and his drudges for you then.
Cheerio !
CauldStream7
Agreed.
There seems to be a paucity of information on "what happens next".
I understand that the content of their meeting is minuted , with Avion subsequently being provided with a copy.
As regards timing, we could maybe take the Minerva response time of 35 days as part guidance:-
"WALTHAM, Mass., April 07, 2022 (GLOBE NEWSWIRE) -- Minerva Neurosciences, Inc. (NASDAQ: NERV), a clinical-stage biopharmaceutical company developing therapies to treat central nervous system (CNS) disorders, announced today that it has received the official meeting minutes from the Type C meeting with the U.S. Food and Drug Administration (FDA) held on March 2, 2022."
IMM are edging closer to a defining moment.
The FDA are due to respond to the meeting request in 14 days.
"If a meeting request is denied, notification to the sponsor or applicant will include an explanation
of the reason for the denial. Denials will be based on a substantive reason, not merely on the
absence of a minor element of the meeting request or meeting package items."
Hopefully though the request will accepted, in which case "the Type C meeting should be scheduled to occur within 75 days of FDA receipt of the written meeting request " or Sept 9th 2022.
Fingers crossed !