Member Info for mcadder

Yes Ewing JR who hailed from his dusty ranch in Texas and not forgetting JohnReynolds who used to come on here just prior to a placing and shout "placing ahoy" lol

Their account got shut down but if they were still around they might have saved people a few quid - lord knows there's been a few!
Nazareme would come on here every now and then ranting about fracking and why we should all be investing in tidal energy but would never engage when anyone tried to reply.
Back then there was just 1.5bn shares in issue prior to the 100/1 consolidation. Going back to 2017 there was only around 400M shares equivalent to just 4M shares in today's money :((((
Wow the further back you go the more it makes for depressing reading!

Heading back up again. Let some sellers out now back to premiums for anything half decent volume ;)))

Last price paid - 29.87p

Just gone into auction ;)))

Fair point Tommy, hopefully it comes next week first thing Mon

Synairgen SNG001 IFN-beta Immune Modulator Inhaled Repurposed Continuing enrollment/passed interim analysis/Q1 2023

I agree it is price sensitive that's why I think the company will release an interim RNS sometime today ;)))

We may even get an interim RNS from Synairgen today not next week

One thing's for certain - this will never see 4p or even 5p again

https://t.co/w34XKYN5dI

Here's the link which confirms it ;))))

"mcadder- you must own more shares than Polygon now."

Haha I wish!

Sorry typo error the Activ-2 news not results lol

This will be at 28-30p by the time other people notice the Activ-2 results. Luckily I managed to top up another 17k shares this morning at 24.39p

Excellent stuff, looking perky now, today we could end up near to or just over 30p by close ;))

"expect a big bounce after the initial drop ;-)"

Which drop though? Today's or the one next week or the week after that? Lol

Pre-market opening MM's have already marked this down to 3p bid and 3.5p ask

Wow as if thing's couldn't get any worse here, agreed total shambles!

"If the trial had been designed differently it could so easily have had a different result"

I'm inclined to agree with Manifesto here that Synairgen has been a victim of nothing more than this. Therefore with this being the only reason that I believe SNG001 failed it's primary and secondary targets, I believe the answer to this question.....

"Does anyone know of any example where a drug has failed both its primary and secondary end points but still managed to get an EUA?"

.....is that Synairgen WILL soon provide such an example of this based on the way the trial was designed AND the encouraging data that was confirmed alongside the recent announcement which gives reason to be hopeful.

Yes Polygon will not have access to "price sensitive information" but they will have been in regular contact with the bod given the sheer amount of capital they have invested, and perhaps discussed the plan the bod have in place to analyse and interpret the data they have. I've no doubt they have been encouraged by the optimism from the bod that there is a way forward here for SNG001 and that all is not lost.
No company will just up their stake on a whim from an already huge 18.10% to 25.29% (over 7%) without having sought assurances and doing their own DD, especially with the likes of Polygon.

THE NATIONAL

NEWS 24 mins ago
Boris Johnson to unveil £250m plan for new British flagship
By Angus Cochrane

BORIS Johnson is set to confirm plans to unveil the design of a £250 million British flagship ahead of the Queen’s Platinum Jubilee.

The Telegraph reports the vessel, which is seen as a replacement for the Royal Yacht Britannia, “will be used to generate trade around the world”.

Once source told the paper the ship will be the "the jewel in the crown" of the UK Government’s new shipbuilding strategy.

The way I see it is the sheer lack of such a debt facility or lack of available capital is what has continued to stop Harl landing big contract wins especially one for the MOD. For a company like Bab**** this is not an issue.
This final barrier imo has now been addressed and gives optimism for the future. Let's face it - if such a facility allows them to land a £500M contract then no one is going to care about the £70M debt facility being in place because imo it makes the difference between just existing as a struggling to break even company to actually thriving and gaining a reputation as a world class shipbuilding company.
All the recruitment of recent personnel along with this debt facility means there mustn't be long before something game changing lands.

2 positives from having secured this debt facility - hopefully no further dilutive placings anymore and increases substantially the ability to secure the big contracts (in excess of £250M imo) which they must be expecting soon to have been able to have agreed this.

Looks like big sell off this morning. Lots of 250k sells going through, expected this to be up today not down, something going on behind the scenes perhaps. Last thing we need here is death spiral CLN's! Be interesting to see if the bod have any other credible financing options...