Member Info for potnak

I think we will see a spike, personally I think over 70p then a drift down while we wait for licensing or phase 2a funding news. If we get a licence with enough upfront to progress 1802, the sp is going over a pound, possibly more. With safety proved and funding sorted, the next inflection point is 1802 indications and translational studies for trial design or 1801 2a data whichever comes first. I never count 737 as it's all unknown. And Krusty, I don't feel misled by the board either but thats because I expect a delay when investing in Sareum.

Krusty, you have a level head and you tried to say dont get too excited yet, in an earlier post. The word is, as you say, "expectation". But why havnt the cheerleaders been saying "ah, but its only an expectation" leaning on it now with less than 10 working days left until the end of q2 smells like anxiety. This sort of argument could easily be avoided with better comms and built in contingency. Aber is right, we the shareholders should scrutinise what the board say and do and hold them to account if they don't deliver. I'd imagine if you bought at 45p a couple of week ago, you would be getting but worried right now. Water of a ducks back for the LTH.

Laz, the best project managers I have ever worked with all have 1 main skill. They set expectation right at the start and they build in contingency. It isnt hard. We're arguing about something that hasn't happened yet.

Fine not gone.

Honestly, demons? I'm gone if we don't get news, I'm still buying and the longer without news, the cheaper the shares will be. Afterall that has happened since 2018, some still want to cut the board some slack when they start to get anxious. How about the board build in the slack they need? Q3 could still have meant 1st week in July but would have given them and the investors a buffer. I didn't bring this up but, admittedly, I was triggered when some started getting excuses ready. I will never understand it. As the saying goes, fool me once, shame on you, fool me twice shame on me. Let's see what happens.

They did.

If the compound and 1a data is good, we won't need HNWI investment and the dillution that brings. We should get a licenced, as per the RNS.

If the compound and 1a data is good. We won't n

As far as we know, they didn't sell at the highs. We had access to a terminal showing at least one of them. We think.

Yep, I'm still confident that we will get news. Just triggers me when some posters start lining up the excuses for the board. It's projection of anxiety. They same posters have been doing a countdown to June 30th for a couple of months. Now, we are nearly there, it suddenly doesn't matter.

A lot of the good work that HBD has been doing around finding trial recruitment and MAD schedules. Shows how tight this deadline is. The board will know that to. It's not a big deal and probably a moot point but the hard fought gains from 10p are at risk of the deadline slips. The market isn't anything like the LTH here. The market will see another missed deadline.

"Cut the board some slack" was used a lot when the RF started to show their real colours. And we know how that turned out. I don't care if news doesn't come until July or even Aug but I do care that self imposed deadlines are met. Again, it's really not that hard to leave a bit of breathing space. It they had said Q3, then this board would be excited that we are almost in Q3.

I disagree Oracle, setting correct expectations should be no 1 priority when updating investors. Even if there was a slim chance that wouldn't happen, they should have said Q3. Its really not that hard. I still have a feeling news will drop before the end of June but I'm not going down the sycophantic route saying it isn't the boards fault if it doesn't. They are paid some nice salaries, the buck always stops with them.

Sorry for incomprehensible posts. A mixture of predictive texts and a phone screen that is starting to die, I think.

If no news next week. I think some holders will get itchy feet, especially if they bought around 10p. The drop from 47p is already a bitter pill to swallow and I think we have lost some if the new investors already. It certainly doesn't is, quieter in this group. Having said all that. I've go a feeling that we will get something this week.

News can anytime and we are waiting news from Aus so it could be different again. But generally, bad news comes on a Friday. Sareum have done this twice in recent years. Also, because of the Aus link, Monday is probably out too. So if not this week. From Tue next week. If not next week, then expect done red days after that.

Isn't today's market cap true value. A small cap bio with no income, limited cash runway and waiting on pivotal news that isn't nailed on. I think it's holding up quite well. The sharks that circle AIM only want one thing. More winner than losers. And you can't lose if not invested. IMO we'll have a blue day tomorrow on anticipation of a Thursday RNS. Then a red day Friday if no news this week.

I'm not saying there isn't any corruption in the markets because there obviously is but the the small caps and AIM in general. The companies are at the mercy of dumb money. Inpatient investors who are looking to get rich quick. They sell up and move onto the next dream if no movement. For the Mm's this is easy pickings, tiny volumes when compared to the main markets but being to stop the price 10% on nothing is a nice money spinner all the same. Not sure how you can regulate that without breaking what punters come to AIM for on the first place. Not one person here will complain when the Mm's manipulate the sp to a pound when we get the next RNS.

Yeo, Billy, don't want out him but he is probably the biggest investor here. He holds more than the the board members.

That buy is almost certainly one of the posters here. He said he was going to buy and it's in the same ballpark that l he said. Shows confidence.