The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I made reference to this in my first post but was unable to post links at the time;
https://www.baybridgebio.com/drug_valuation.html
That is why I am happy to continue accumulating.
What? Something that was voted on almost 8 years ago?
Bloody hell. You sound like you should be posting on HYS on the BBC website.
So, something that was voted on 8 years ago is your key driver on market sentiment NOW? Do you think CEO’s take 8 years to pivot? 🙄
It couldn’t possibly be ‘cost if living’ (I hate that phrase) meaning people have lesser disposable income, therefore less scope for investment/pension contributions etc? That would be too logical wouldn’t it. Must be BREXIT, yeah? 😂
I’d actually say their agendas are completely different.
That thing on ADVFN is just a really poor troll. I repeatedly asked it to screengrab its short, it was never able to do so, simply because it never had one. (I used to post on there as Norma_Stitts but I don’t bother now as the forum has been destroyed). It’s angry and bitter because it’s been banned so many times.
The thing on here, whilst also sad enough to need and resort to multiple logins to ‘big itself up’ is a cut above. Still a complete twunt but not as illiterate/deprived as the lonely individual on ADVFN .
Sadoldgit, the 2 ‘posters’ spamming up the board on ADVFN is the same person speaking to itself. There are also 2 people daft enough to try to engage with it - HH and Danny.
The ironic thing is that it highlights how SAR is its life. Morning, noon, night, weekends etc. It’s clearly very lonely, has no social life/friends/life.
Best of all, by destroying the forum as it has done, it’s isolated itself even more and has to resort to posting to itself! LMFAO.
It’s not even worth viewing that forum anymore.
Oh tell me then, Mr Self-Proclaimed Messiah, where is the bottom?
What’s that, you don’t have a scooby?
My money. My choice.
You’ll notice 1 difference. I don’t need to run my narrative to ‘give my family Disney’.
😂
I doubt I’ll regret that buy. It could go lower but I can buy more. It’s about leverage. If there is a leverage, will my previous ‘cut’ put me back in a better situation than I was before? Almost certainly so. You crack on. I don’t need to run a few accounts, flaunt rules, be duplicitous or a total twunt. I buy when I want, I sell when I want. What others do is up to them. I’m not so shameless that I feel the desire to try to influence people.
My largest tranche last time came at 0.185p, pre-consolidation.
Currently were circa 50% above that, although I prefer to look at % of market cap as a true valuation of shareholding. I’ve bought today but I’m now sitting on the fence before I determine my next move.
‘ sog
take responsibility for your actions and accept that your ramping people into this share has cost them financially. some people have probably lost more than they could afford to. some people are probably suffering significant impacts on their lives as a direct consequence of your terrible advice.
nobody is financially worse off as a result of reading my posts. anyone who has taken heed of what i’ve said is likely to be significant financially better off.
there are some facts for you, jinky.
hth
rhoa’
i will take you to task here.
people buying shares aren’t on their ****. it’s disposable income. i chucked in £5k today.
people that come on and advocate shorting, as you have done, are exposing people to potentially unlimited losses. buying a share limits your losses to your initial exposure.
enjoy your short. enjoy your trip to disney. you can’t buy class.
‘Hi Meg - I've previously mused that the BoD take a lower salary with bonuses based on share performance as a way of focusing their business minds.’
I’d be in favour of that. So long as the consolidation price is the datum point…
LOL. I had the same with my first post on here, everything got converted to lower case. I had written my post in notepad then copy/pasted it across. It noted it happened with the ‘UndesirableVerminofAIM’’ at one point too.
Without wishing to come across as being obtuse, I expect a LOT more than them being on a reduced wage until the end of 1b. The increase in wages need abolishing completely. Their balls up, not ours. A period of pro bono after the utter car crash that they’ve created is the MINIMUM I expect. No shares in lieu of salary as they should categorically NOT get bucket loads of cheap shares for something of their own making. They should only ever get their old salary back AT BEST after the drops they’ve created and that’s ONLY if they deliver true shareholder value.
Oh, they may do well to realise that ‘shareholder value’ does NOT mean being able to buy more shares for your money.
The 35k ‘sell’ @ 14.1 late this afternoon was a buy. It was mine.
As this is my first post I am unable to post links but Google ‘Bay Bridge Bio How to calculate the value of drugs and biotech companies’ Look at the chart. That is why I feel we will not be unable to get funding away. Pending inflexion point at very short notice.
Not telling you what to do. Buy or sell as you wish. You can have your own opinion, that’s fine.
Sadly my ISA allowance is already maxed out for this year, as is the Mrs but it’s only a few weeks away from the new allowance. 14 trading days left of this financial year so I’d not be surprised to see 100k+ sells per day for Riverfort to get the 1.5m shares monitized and on the books for tax year end.
i’ve spent the last few days reading the comments with interest and felt it prudent to register and post.
are we at the bottom? no. there’s 2.13% more dilution coming in the next few days as they’ve not landed today. it’s likely a further one is coming in order to obtain funding. are we at the top? no. we are awaiting results which are anticipated as ‘top line’, that in conjunction with secured funding will see a substantial bounce imo..
people talk about funding being ‘difficult’ currently but opportunity attracts money. in over 2 decades they’ve always got funding, even when they were still in the clinic and miles away from anything that could rerate them. do you seriously think after almost 21 years, they’ll not get funding with results pending? as long as i have a hole in my **** i don’t believe that will happen. as a financier you look at 3 things; returns, timescales and risk/reward. all stack up well when you’re putting up the money to legislate against the risk and the depressed price has been due to previous funding arrangements. i’d go as far as to say that it is near on perfect circumstances for them?
other options could include selling up their stake, or elements of, 737? ‘loans’ etc. it’s not a given that a placing will happen. it’s not like sareum is riddled with debt.
cheap take over? (see above about why we are not at the top). under rule 9, if someone gets to 30% they must make an offer for the company that is at least the highest price paid in the proceeding 12 months - 147.50p. 8 times the current share price.
robin hood is clearly puma. it’s normally against forum rules to have multiple logins so i would advocate reporting it to the administrators if you’re that way inclined? they’re clearly a shorter. sadly they don’t have the courage of their convictions so have to try to tell people how they should trade via multiple accounts in order to get their desired outcome. that’s financial coercion and manipulation. it’s market abuse. imagine how they treat people in their private life? puma is here to encourage you to sell to help it’s short, it’s basically said as much.
with regards to the directors, i’m in 2 minds. tm and jr are clearly heavily leveraged here - salary/shares/options/pension etc. more leveraged than any of us. they’ve not issued themselves options for a few years which i feel is interesting. i’d not have begrudged them options based on how far the sp had come - ‘had’ being the operative word.
the directors that have driven us down are the same lot we had when we increased circa 40 fold. do i think they should keep their roles? no. parker has to go. he has finance background but has signed off on consolidation (disaster) and riverfort financing (strong argument for bringing back hanging). without the pandemic we’d not have seen that increase, so they ‘lucked out’. no update on covid since.