Any coincidence that any post that threatens the stability of the house of cards that is this share price, is instantly removed.
Anyone who has any genuine sense would be very concerned of such an echo chamber. The lengths folk on this bulletin board go to remove ANYTHING that isn’t hyper positive.
Scary
Acker,
I commented on WINS omission from the ask on Friday. Which was correct.
I don’t think you’re in a position to call people out when you were ramping every man and his dog to PREM at 1p, at which point I was highly critical of you.
PREM very well positioned here, there is simply minimal interest from traders at the present time because they believe they can get back ‘in’ around the designated production timelines.
The share price will be well north once that communication commences.
This isn’t new funding at all.
This is just confirmation that Canmax received approval on the previously announced funding that was announced in August.
More coffee needed for a few of you this morning :D
Just thought I’d add my observations of the stock available on the RSP all week.
WINS were offering lots of stock on the ask from Monday through Thursday. Each of those days we saw a big block print at the the end of the day, which is the WINS sell order for the day being executed.
That is almost certainly a CMC market placing flipper taking some quick profit.
The positive today, WINS stopped offering stock, and were infect bidding for stock. Would imply that the placing flipper in question is done.
There was no block trade at close either.
Few natural private/retail investor sells through the day; but they’ll be back.
Should be primed for a good run now
Elcap,
FYI - Riverfort starting selling when the share price was 105p, being at 85p is definitely not a victory! Well maybe only on the inverse universe that is Planet SAR investors.
Lazarus - "we will continue to buy wherever the sp goes", I just got ODX shudders from reading that. A similar level of naivety!
FearG,
Without wanting to state the obvious, you are aware Riverfort will aim to sell every single day. So when some giddy retail investors buy a few grand each, Riverfort simply work an order into that volume.
My guestimate is Riverfort aren't even 50% through their initial tranche of ~£2m, with a remaining £3m to follow.
Good luck all
OldJohnners,
It is worth noting that the chance of success on the well is 14%, that's effectively 1 in 7.
It is prudent for the board to plan for failure as 6 times out of 7 this opportunity will miss.
This will be a decent trade from the 6p level, maybe slightly below.
Heckler,
Being transparent is generally classed as a positive trait. I am being transparent with my position here yes.
I’ve stated my views on the finance deal with full transparent.
I hope this message is transparent enough for yourself and other readers of the bulletin board.
Lazarus,
Didn’t realise you’d started predicting falls in the share price, careful, Ahfam will be calling you a t-at next.
Mafuta,
Yep, he’s certainly not scared if he loses £1000 on his recent purchase when these hit 50p.
Yesterday’s buy was epitome of a ‘token gesture’.
On 27th August, someone posted:
“My opinion is that the BOD took out short term funding because deals are close and needed a better negotiating hand otherwise they would have raised. Could be 737, could be 1801, could be both, could be 1801 and 1802, could be a TO I have no idea which but also see this as why there are no Director buys. GLA”
This genius post got 23 (yes, twenty three) recommendations.
That token £3,000 Director buy has just spoilt 23 people’s buyout dream.
So basically, with a short position in SAR, within two days I’ve been told that the trial results are a minimum of 4 months away, and now there is no takeover/buyout anywhere close.
A seriously comfortable hold. Riverfort will do their thing next.
Parrot,
That was actually very good!!
Cheers for the kind words chaps.
PS. The buy price is still falling
Sorry, a lot of errors in that.
Rushing to post before I tee off.
Gents,
Too many requesting responses at want, I can't keep.
One thin I will say, is the price to BUY is falling. The RSP is weakening. Riverfort's influence once again takes effect.
If this day of news is so great, isn't it quite surprising when the price to but goes DOWN when buys come in.
Well no, it's simply because Riverfort have got their sell order in place.
Good luck all
Aber,
If you understood corporate finance, you would understand how little interest SAR had from brokers/institutions to fund what is apparently such a great scientific platform.
You will also learn one day that Riverfort deals are only prescribed to companies who have such poor outlooks that a CLN is the only remaining option.
We’ve gone round in one big circle, but when this goes sub-50p in the weeks/months ahead, you too will understand why Riverfort are such feared financiers throughout the small cap space
“ £4 a share is nailed on in due course”
Laughable to think 85% of my posts get removed because I’m apparently giving advice. Read the above that has just been posted. You guys are literally bonkers :D
Ouch. That’s a very long time in this game.
The trial commencing was well known, confirmation today. What has provided me (‘a shorter’) with great comfort is that this RNS highlighted there is now no more news to come from this trial for a minimum of 4 months.
A schoolboy market mechanics/PR error from the BOD.
The share has fallen 25% in one month since the 3rd August finance deal. Four months is going to feel like years for those longs this stock.
Good luck all!
Scheck,
We confirmed your lack of understanding between the RSP and Level 2 last week.
The fact you are operating on this level means the two of us conversing is not productive in the slightest. The fact that you seem to think anything you don’t understand is a lie, means much of this investing malarkey is likely one big fairytale.
Scheck,
If you reply 40 minutes after the event, is it a surprise to you that the quote has changed.
The Shepherd has clearly said he’s buying today, so it’s hardly a shock you can sell 20,000 at 75p.
To think of the celebration at being able to sell at 20p.
If there was a way of posting an image of the RSP on here, you’d see who the liars were very quickly!
Shepherd,
You could call Riverfort and get your 100,000 shares direct. They'd be delighted to find a buyer brave enough.
Currently NT to sell.