Member Info for potnak

I didn't say it was right. Small market cap with a small number of shares means multi-bag potential regardless of the size of deals, cash in the bank or success. We have a relatively large MC compared to NAV or any other way you'd like to value the company, we also have 2.7 billion shares in issue. Even if 10 million milestone payment was made it would only take us to 1.5p The market may even factor it into the current SP. It's just the way it is. A �500k deal wouldn't touch this SP but the same made PYC rocket to 32p and that's what most on AIM are after. That's also why so many lose money.

Low market cap but a massive amount of shares in issue. It isn't conducive to a multi-bagger. A 10 bagger from here would mean a �200 million MC. There are numerous potential 10 baggers out there that will do it on sentiment alone. Most people are on AIM to get rich quick regardless of what the company does or even if they are successful. You could easily get a couple of multi-bags in before this one wakes up. It the AIM mentality.

Utar has been here a long long time money. As have quite a few of us. Its generally a good board with some very knowledgeable posters on both sides if the fence.

'Current operating plans'. That 100 mil won't go far with all the trials they've announced today.

Yes, agreed. They wouldn't tell us about the milestone In the interims so an RNS is due IMO.

I'm also not bothered if the sp doesn't rise I'm not planning on selling anyway.

I'm even more convinced someone will take our 27% of our hands. Whether that's part of a company takeover or just cherry picking. I genuinely don't believe we'll still have chk1 in our portfolio by the time PIII starts.

Yes, I'm lost now. They sound very positive though.

I'm listening.

Have a look at hemo. I'm not ramping, I'm steering well clear but all the rampers saying 'cure for cancer' does it remind you of anything?

They must need the money pretty urgently. They would only have to wait until 3pm tomorrow. It also depends if you think we'll get a mention tomorrow. I don't think we will as it happens. It may take an RNS from SAR to reiterate the update for the UK market to wake up. Personally, I think we'll see a tweet and we'll put the findings into our interims due in a few weeks. The full data release in April will be the big IMO. Whatever happens, I'll take advantage of any5hing the herd may bring in the next few weeks.

The market over there will realise that Sierra will need to fundraise to progress. Lots of people think this will be done on the back of this update.

It's not news. It's an update. There may not be anything in it for SAR but the provocative language that SRRA have been using to promote the update suggests it will be good news for SRRA holders. We're looking for talk of milestones and\or efficacy. PI doesn't look at efficacy but just imagine if some of the patients are still alive after the trials?

Or 99.9p. Maybe 1 day with all 3 main compounds we'll have a mc of 2.7 billion.

The program update is on Tuesday. There won't be any news on Monday. Remember though, this is just an update, what we are looking for here is any talk of efficacy and talk of moving to PII. The latter could generate a milestone payment to SAR. If so we'll get an RNS after the presentation or on Wednesday morning. Then we wait for our interims which I expect to be blah blah blah but it is hotting up in here.

Aber - If we could predict share activity, we'd all be rich. We actually know 3 KEY dates when we are going to be told something and one is less than a week away. As always with SAR, it's what isn't said that's important. I'm not worried in the slightest.

JT people are going to start showing up here in the next week. The ones who've bought in will be ramping the dung out it the ones who haven't bought will be trying for a cheaper entry. Probably best to leave them alone. There is the premium chat board for paid up members of LSE? But it's going to get noisy in here.

Aber - what difference would it make if it were 1 or even 2p? would you sell?

LOl, If the herd pushed this to 32p I sell in a flash. In fact, I'm pretty certain I've got a sell order in for 32p. Let's hope the herd is big and gullible.

Why would that be better? no one is selling either way. People moan about sellers but we'll need plenty of them to break the various resistance points. Just as we'll need plenty of buyers who are willing to buy at the resistance points. We don't have to worry about this though. The MM's sort all that out for us whilst skimming a bit off for their trouble.