Member Info for micru

>Wonder if it's a business trip. Possibly meeting Auctis and potential institutional investors.

You're welcome to speculate (and that would be cool), but my thinking was it actually had to do with the final results publication.

A warmer lighting cosier interview than his usual office environment, haha.

>Delistings come in all shapes and sizes. I honestly don’t think the concert party have ten yrs to sit on their money..by the way, Alex is one of the concert party.

I did ask the other poster to give an example of their other company they are holding, just out of curiosity, but you're absolutely right - no two delisting situations can be directly comparable, it's all just personal biases. It could be good timing. We are (I hope) near the bottom of this economic cycle. Once things start looking up and investor confidence starts looking up, it would be prudent for them to try to relist in the US.

Even if they exercise the option to convert all the warrants (which is not a given) and end up with 1.5B shares, as a modest scenario is it too crazy to say this could be a 150M market cap company - 10p a share? US market valuations are crazy, could be way higher than that. Sucks for all the OG holders for sure, but not for any recent ones.

What's your other share out of interest? Which sector?

It's not worthless, but you are illiquid. You won't be able to trade your shares until (and if) they re-list.

You should have been asking this question many weeks ago if you were contemplating selling.

> Yeah isn’t it amazing how professional funds have overlooked an opportunity to make a couple of thousand or even twenty thousand percent on this busted flush.

Gatemore, Lansdowne, Sand Grove, Hambro Perks - how many more do you need?

For any new entrants, perhaps the risk profile is too great, and they are afraid of getting burnt and taken advantage of by the above.

https://www.theregister.com/2022/06/13/nhs_england_palantir/

Anyone got thoughts on this? If it does happen, does this pretty much make Sensyne obsolete? Or would someone like Palantir be potentially interested in acquiring Sensyne?

Not heard anything from freetrade (I know I know...make fun of the freetrade plebs)

And the 666k just before close. Is that you, Satan?

What was described as 'short-term pain' at time of placing is now slowly morphing into 'medium-term pain'.

Things kind of started going down-hill towards end of last year.

They were fined for failing to disclose Drayson giving himself a bonus.
https://www.cityam.com/former-government-ministers-firm-sensyne-slapped-with-400000-fine-over-covert-bonuses/

Then there was a 'substantial' debtor that they were chasing (still no outcome on that).

Then a bunch of contracts that were supposed to generate money, but didn't. They then started whining about running out of money and not being able to continue, this bled into the Spring.

Old CEO left, there was some hope and hype with new CEO, but it's now clear the de-listing could not be avoided.

What happens now is uncertain. Best case scenario for holders would be them re-listing in the US.

Looks like the NHS were advised to vote in favour.

You brave man.

We're not in it to break even, soldier, get it together!

Thanks for sharing.

Stock up on popcorn.

>Obviously some people think there is a chance

You misspelled 'degenerate gamblers' hahaha. I'm still positive. There was an interesting development on Amur (AMC) recently, where shareholders rejected an offer for the company, despite low vote turnout. Stuff can happen. Good luck all.

And not exactly £50 chunks either. Seems like a lot of money to just throw into the 'guaranteed' financial abyss.

>I see no one can be bothered to explain a CA in April last year .

Nobody here owes you anything.

Actually really surprised at the sell-off. I thought this was priced in. They said nothing new in the RNS and re-iterated they are committed to exploring other opportunities just now.

As I recall (please correct me if wrong), the data and the seismic they were relying on was outdated, and they chose to wholly rely on it because it supported their narrative, instead of doing the prudent thing and maybe putting some money into it (under the explanation of de-risking) to refresh the data. So that's where people can fault Peterkin and the BoD. They can also fault Peterkin for not having a plan B, and when explicitly asked about a possible failure and 'what then', he simply chose to avoid the question by turning into a zen master and telling everyone to think positive thoughts and not think about failure. How can you not think about failure and have nothing to fall back on in O&G exploration? 88E? Empyrean? Many more just in recent memory.