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The Shanta SP is due for a significant rerate.
Very low MCap considering the money that is almost ready to head into the coffers
Great Prospects mean nothing to Mr Market Maker but a steady increase in revenue and a guaranteed increasing income stream will be enough to make him raise his head.
The excellent prospects are still here , but the probability of short term profits at the moment seem a little remote.
Still confident of a positive outcome , but for me time to tuck my Sareum shares in a bottom drawer.
Hoping for an RNS that will bring a nice surprise at some stage.
Will add few probably early next week to bring my holding up to a round number.
Have a good Xmas and a great New Year fellow long termers.
Won't look in here again until the next RNS.
ATB Guys.
Crystal Ball required
Will our shares in Sareum be worth a fortune or will we end up selling our holdings for little more than a pie and a pint?.
AIM has been even more ruthless of late to non profit making shares irrespective of potential.
The desperate economic climate we have found ourselves in has added fuel to the fire .
SP drift downs between news have resulted in steeper declines than usual and any hint of uncertainty has as we have seen has resulted in the share price going into free fall.
What sort of luck is there in store for us just around the corner?.
A string of good news that will send the SP into cartwheels or nothing relevant off the press which will exacerbate the decline.
Still of the belief that there is a few golden days here ahead and quietly waiting to increase my holding again should the time feel right.
A gamblers lament, win or lose. Toss the coin of fortune.
It will probably spin around quite a bit before it settles as at the moment it seems a pretty close call.
No one who posts on here knows the current situation regarding the CTA.
If there was an outright rejection then an RNS would have had to have been issued to clarify the situation.
Certainly you would have expected the company to have provided an update by now and in normal circumstances the longer the period of continued silence from Sareum regarding the issue the more chance of an unsatisfactory outcome.
For me as we have been informed that it is common knowledge that around 95% of applications eventually pass this stage swings the pendulum of hope towards a successful outcome.
Hoping for clarity from the company sooner than later. But on that point pig's may fly.
Well I certainly haven't been screwed.
This has been the best shares investment I have ever made.
Took mega profits last financial year and the holding that I have left which is very decent by anyone's values is on a free carry.
Not concerned whatever the outcome .
To add a bit of balance. I am surprised we haven't had an RNS by now regarding the current status of our trial application, the more time that passes without a response to us from the company will only sow further seeds of doubt.
It's locust time here again
Every so often a plague of locusts settle on the bb of a company like Sareum . The key ingredients are non profit making , no positive news for a while and listed on the AIM hell hole.
Given those parameters it's very easy to plant the seeds of doubt. Informative posters such as SOG, Thoth , RMM as recent examples and I can think of at least half a dozen more that have been targeted and belittled to such an extent that they either refrain from posting altogether or cut down on their very valuable input.
I could be wrong but I am not in the camp of believing that the majority of these vermin are deramping to try and obtain financial gain but consider most are just mischiefmakers taking advantage of the facilities available on a bulletin board that has free access to all.
It's a very fine line with a company in Sareums current position whether investors will end up making a mint or doing their dough. A circumstance which will always provide an opportunity for disruption for those that thrive on trying to cause it.
It will only take one good RNS and they will all fade away.
It's a trait that has happened time and time again here over the years .
No conspiracy theories for me, Imo with the exception of the odd utah they are not here to try and drive the SP down .
It's a free forum that any one can join in , so you have to put up with the oddities that congregate onthe bb from time to time.
It's worth putting up with the garbage to be able to access the fantastic content posted from the more knowledgeable members of our community.
The bb reminds me very much like the bar at my local greyhound track , some of the the richest in society standing next to some of the most potless and a few of the better informed in the same company as the clueless.
Bring on that ruddy good RNS.
The problem with you COL is that,
You like the sound of your own voice and its not what you say but it's the way that you say it.
Odds on you have posted on here before with a different handle.
As they say you can fool some of the people some of the time but not all of the people all of the time.
MattyBoy
It's a hard ask to make money out of AIM. Having lost a small fortune on the likes of VOG, RRL, BHR, ANGM, BZT, BLVN and others I feel that I am qualified by the bad experience to make an observation that might be of assistance to others.
I turned the corner on AIM when I realised that insurance is the only answer. By that I mean take a percentage of your profits when you can. So I have regularly top sliced here on spikes , admittedly only selling a percentage of my holding and never selling at the top but making a decent profit as the SP has trampolined upwards. Fortunately on the majority of occasions I have bought back in here on the dips to see the SP move up a bit and justify my decisions. If you look at any basket of AIM shares you will see with most of them that they will have peaked at a decent high but more often than not end up languishing at all time lows.
I made enough mostly here in the last financial year and on a few other shares n previous recent years to wipe out my losses and put me in front overall on all my AIM dealings, not by a lot but by enough to wipe out a very huge loss that I endured up to a couple of years ago. By the way I was underwater here for the first couple of years and I missed out making a mint when not selling years ago when the SP rose to over 4p old time when the 10 out o 10 results with mice where released.
Still have a decent holding here which is definitely my last AIM investment on a free carry and hoping to exit totally if the SP ever reaches my get out point which is a lot lower than many others.
Not trying to tell a chicken how to suck eggs.
ATB. Hope you get all your hard earned back.
2 choices imo
Either Sareum have made a complete **** up in their preparation of the CTA and its not going to proceed at all or that all that is incorrect within the documentation can be put right and we can resubmit and proceed with the trials after a time delay.
Fifty fifty at this point but if we look at the other variables that come into the equation.
A) Around half of these initial submissions fail the paper trail and have to be resubmitted
B) The vast majority of submissions eventually pass this stage and go forward to clinical trials
Then the probability seems to be in Sareums favour that they do at least proceed beyond this stage.
But only just.
Good post Celtic
The constant negative musings from those not invested begin to grate on you as time goes by.
Long term holders here are very much aware of the risk v reward that there is when you invest in a company like Sareum that has never made a profit and has survived from day one by fund raising of various sorts.
We have paid our money and made our choice. No bleating from me in the unlikely situation of it all going tits up.
A lot of us have made a great deal of money here to date by taking some profits out on a number of the huge spikes that have happened during the last couple of years and hopefully will continue to so.
To be honest a dip further in the SP would quite suit me as I would be more than happy if the science remains positive to buy a tranche more at bargain basement prices . Obviously a good RNS to send the SP into orbit which shouldn't be to far away would be much better.
Atb guys
I have always been as positive as anyone on the prospects of Sareum.
But with regards to 737 CRT should have taken it back once Sierra failed to bring it forward within the time frame agreed.
Imo GSK not taking it further was not good news , if they had announced that they were going to progress the combo then the share price would have rocketed and enticed new investors to get aboard in anticipation of further gains with regards what other prospective news we have to come.
Unfortunately the reality is that we are a high risk non a profit making company which gives the MMs license to manipulate the SP as much as they want to either way whenever. They will as we are well aware take advantage of this.
We now more than ever need some good newsflow in the bag to give us some momentum.
The potential here hasn't changed but perhaps the time frame for realising true value has been extended.
Very interesting month or two ahead of us.
I reckon that by Christmas the SP will either be well over double what it is now or less than half.
I am still positive and siding with the former.
Atb guys.