Member Info for potnak

You should've sold at 3p.

Hi Aber, yes the timing is strange but it's probably a regulatory thing. Maybe this would have been the week we filed the CTA so this is the week they have to tell us the aren't going to.

They haven't said it in the RNS but the delay to 1801 autoimmune is cash. Like I said the other day. I don't think you can file a CTA without saying where the cash is coming from. And we don't have enough cash to file. We will raise on the back of successful Covid studies.

It also makes 1801 more expensive to license because as it stands I can't see how they can split it from autoimmune. You license it for one indication you get it for all indications. This is why I think that the current studies are being done with a tweaked compound with its own patent filing. If we get news to this effect then an 1801 autoimmune license will follow shortly after. All speculation and as Thoth would say WTFDIK :-)

Yes, and I think 8p would be a fair value whilst still in P1/P2.

Just noting that SNG has put on 25% today with an RNS stating that in Vitro studies show their drug showing 'potent antiviral activity ' They are now going to P3 in Indian patients. I know SNG's offering isn't TYK2 and they are not in direct competition with Sareum but the SNG MC is £260 million today. That's where we should be or thereabouts once we enter the Agile trial. And that is without 1801 autoimmune, cancer and 737.

4p would be fantastic before news. I'd rather think in realistic terms.

I'm thinking 4p in the next 3 or 4 weeks.

I don't do research, well, I do but what I really like to do is second guess the strategy of the company. Right now I'm really struggling but there are some positive signals. Parkers tweets, suggests confidence, language used in RNS suggest confidence. No raise, even though based on other years, its due and the sp is up, suggests confidence. But confidence of what? Dilly buying shares in SRRA probably means nothing happening over there in the immediate future. So is the confidence 1801 Covid, already funded if we go into P1. Or is the confidence 1801 autoimmune? Pretty sure a CTA has to include where the funds for the trials are coming from. We'd need a deal to take it into trials or we've need to raise,so why haven't we? 1801 Covid seems like the only logical path which is why I'm excited and nervous. I wouldn't be opposed to Parker or Sareum reiterating the TYK2 Cytokine storm links. :-)

I said on Friday. I'm equally excited/nervous.its difficult to put a fair valuation on SAR but IMO, we are undervalued. There is a literal re rate attached to every bit of news due (up or down). But having said that none of it is big enough to be catastrophic to the SP. We aren't anywhere near the point where the drugs don't work rns but there seems to be a lot of hope pinned on the Covid angle so if this isn't a goer, we may see a big drop. 50% or more but that doesn't mean the compounds are not good. We've got to take this Covid risk even if failure knocks back a few steps. Ahfam is correct. We should keep our eyes on the bigger picture. It would be good if we could see a few more tweets about TYK2/Covid. That would show confidence of entering the AGILE trials and make the next few weeks more bearable. Ha ha. Think we are headed for a proper roller coaster.

Echo the sentiments here, SOG. Awful news.

I reckon, it all depends on how confident they are of the covid thing going onto P1. If they are very confident they will wait to raise on the back of that news where we may see a baseline of 4 or 5p. Or we may partner up at that point. I'm excited and nervous in equal measures. June could be huge or just another step in the right direction.

I would say that's a yes, wip. However. I don't know what the rules are in terms of how long before news you can buy. 30 days? Just a guess though. You could also argue that the Sierra investors won't see this as good news because they may need to be diluted to move 737 on. Basically, I don't have a clue.

HBD - I've had a few wild weekends in Edinburgh, Stag night, mates weekend etc. On one such occasion, twas about 3 in the morning and I found myself separated from friends in a chippy in Grass Markets, where all manner of fried delights were on display. I turned to the guy behind me and said whats good. He said nay bother, it's all ****e! I got a selection of food and we sat on a bench outside where he told me how much they hated London and the English but I was ok because I was northern and we were practically Scottish anyway. Then he directed me to a strip club where I thought my friend might be. like passing ships in the night. ha ha

Obelix used to be a regular here. Using old relationships but yes, not in the rules or spirit of the board.

Wintzy - I missed it. Did he really?

Purely anecdotal from me but Thursday 11 am has always been a good time for good news in my experience. Could be next Thursday or the one after though :-)

I once dallied with lithium but out of pure luck I doubled my money over night and sold them the next day. It was KOD. I'd just been made redundant was OK for cash so stuck 8k of my redundancy into KOD and literally the next day or day after, cany remember, the sp doubled and I sold. Had a fantastic summer with the missus and daughter. We basically went on holiday for 6 weeks. Hydrogen production might be big too. No more gas boilers to be sold after 2025.

Yes, I agree Warthog. The market has seen it all before. I said last week. There are loads of AIM traders who have no intention of long term holding anything they follow each other around looking for a quick rise but will set a stop loss for if it falls. They don't care what the sector is or if there is anything tangible, only that there is some upside. As soon as SAR appeared on the day riser board, they started to appear here. Some even pretending be LTH. Its laughable but it works if you are quick.

Might play into my hands. Got a plan for when sar come good. 20k into crypto. Split across 10 crypto. 2k each then forget about them. **** or bust but hoping for a 20000% as in Dogecoin. Do know which coins yet will decide when I have the cash.