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I genuinely expect news next week..
Things will move very fast once our results are confirmed...
Enjoy the weekend see you at 7.00an Monday.... We have
a lot to look forward to.... Time to open the bar...No kebab though..:D
GLA!
In my genuine opinion..
RM only discussed getting on a Platform trial/s after after SPRINTER..
I now think his first priority was to preserve the cash left to pay wages,
not progress the opportunities that the data presented. I believe they
were forced to look at funding another trial, as their position was not
going to be tolerated by TGF any longer.... RM and the other Board
members have not acted in shareholders interests, especially those
who funded the placing... Let's hope there are no mistakes in our P2's!
Doc.Dan
You have just defined the reasons I am so frustrated with SNG..
I can see a BP buying us out after P2 for peanuts or best case scenario
we get a JV with a very small slice of the pie for LTH's and then the potential
of SNG will be unleashed when BP looks at the data and explore avenues
SNG have not identified......There was still huge potential here after
SPRINTER but 2 years on we are still waiting for them to do something with it!
Post the Deep Dive results in 2022 I was one of a few on here
championing SNG and potential Long Covid treatment and got
shot down... Apparently there was notable excitement at the 2022 AGM
when someone asked about Long Covid.... Then nothing.... So I would
not get excited about it now as SNG have not metioned it again...
I have said many times they did not make the most of our SPRINTER
data...
Agreed..
They were probably sent last week, so we could get them next week ..
The volumes this week lead me to think the next RNS is not far off !
Now the placing is done I think the rise will be more than many expect..
We can expect more news in the next few weeks.. I think
there are many new significant holders here, and I expect
we will maintain a consistent rise from here.. News
of a JV/MOU will be the one that sees new highs, but 10P
before that lands seems realistic IMHO! GLA!
Doc.Dan
What ???? " He certainly knows more than most of us " Based on What?
..We do not know when
we are starting the P2's.......Some think radio silence is significant
and some don't..... ! That about sums up where we are...IMHO!
I hope for LTH's the bid is fair. But as a poster said earlier..
There is a conflict of interest, and that should not be underestimated here..
JD is acting in his interests and any backer will want to get this as cheaply as possible..
No one in this scenario cares about shareholders getting a good deal... If the offer
is over 50P I will be surprised... The Brand needs an overhaul, you really need
a rival bidder to get something more... If the bid fails then difficult times short term..
IMHO!
Ghia
If there is a delay, that does raise the question of working capital. Therefore SNG
should care about the SP as if a placing is required the higher the better.
I actually think someone is propping up the SP. It was definitely being managed last Dec.
With repeated trades of 12,500. I also thought as we slipped yesterday, that someone had
bought enough to cover the drop... IMHO!
Doc.Dan
Jan 2023 we got a LinkedIn update from RM, even though there was nothing to report.
AGM 2023 Doc 83 confirmed that RM acknowledged shareholders wanted more communication
and agreed he would take that on board... ! So I think it is fair to read something into radio silence.
I think there is a delay, we will have to wait for finanicals for an update IMHO!
IMHO.... He sees an opportunity to get SDRY cheap...Shorters have helped..
He wants it back as he sees potential to make money, but he will be looking after
No.1 not shareholders.... If the bid is rejecte the SP will tank, it is not a good
situation for anyone who is now underwater... I cannot see a bid over 40's
But hope I am wrong for LTH's.
Doc83
I think we will be fine even if we slip into H2... TGF have too much to lose
by not making sure the P2's go ahead... The new CFO will be looking at least
12 months ahead at all times... They have options, cut staff, financing, small placing..
A delay would be disappointing but not the end IMHO!
Don't be fooled here...
This Brand has lost its market share, and any offer will be
well under shareholder expectation... If rejected the stock
will tank, and the shares snapped up on the cheap and
rinse and repeat.... 45p is my guess... GLA!