Member Info for potnak

Laz, I'm not outraged, i'm confident of a short-term profit on some of the shares I bought. I just think the board needs the pressure that a short cash runway and disgruntled shareholders bring. I think most here aren't backing the board they are covering the potential shortfall in returns that a dilution does to the MC. If you are backing the board, why are you backing them? Scary to say it but if we haven't got a deal by the time this last load of cash is used up, we're done for, IMO. I'm sure the board know that and I think they have a good chance of getting a deal.

Ben, every £100k added to the wrap adds 1 million shares to the pot. I don't think it's a good deal for the shareholders, it's only good for those participating. and worse still, it takes the pressure off the board. Last week, they would have had a plan that would've had a contingency for if the WRAP wasn't subscribed to. I want them to be under pressure to deliver the plan not take a bit more, just in case. There is no just-in-case here. IMO, this is the last roll of dice. Lets not keep limping on, Succeed or fail fast. If I could wave a magic wand today and condense the next 2 years into one day. Wake up tomorrow and it all be over, good or bad, who here would take it?

Maybe not 100 million then but well into the 90's. if the WRAP is oversubscribed 2 or 3 x and If all warrants are excised (RF and HWNI) then they will all add up.

The new WRAP terms is good for those who want to participate with bigger allocations but takes done pressure off the board and could add millions more shares to the pot. We could be looking at 100 million shares by the time it's all sorted. That's a big dillution by any standard and after what seemed like a confident plan last week, they taken some easy cash rather than be confident about the plan. Give them a inch and they will take a mile but I'd rather they were under pressure to deliver.

I'm with the Halifax, so I just bought in the open market. If you think that the sp is going back to all time highs, it makes very little difference whether you bought them at 10 or 12p. I will continue to buy each month, anything under a pound.

I'm optimistic because we haven't had any negative news from the trials, im pessimist because the board, in 10 plus years, have yet to prove they can get a deal I'm buying because the natural end, e.g. the trial failing hasn't happened yet. You can be both at the same time.

Cobalt makes me laugh! I would wager that a lot here feel like warty but are hesitant to say in case they are labeled a Womble. The market cap has been decimated since Aug last year. Parker and the board were instrumental in alm of the bad decisions. I've added and have been adding since last Aug, that doesn't mean i'm happy with how the company is being run. It's a s h i t show which ever way you look at it. I admire the confidence of those that are adding big chunks of shares and there are some shrewd investors here so my guess is, with bigger hokfimg, their sell targets can be lower. e.g. If I want to sell at £10, I need most here to think it's going to £15. Beware of sheep in wolves clothing. I'm not acusing anyone but if you want to protect your own holding, you need the pessimists as much as the confident.

Seen this before or something very similar. This is, why I think we could be around 2 billion at the end of a successful 1801 P2 trial. Roughly made up of 800 million for each of the the TYK2 and 400 million for our share of 737. The above assumes outstanding data from all 3 compounds and a clear runway but even half that would be an amazing return for everyone here.

Looks like RF have got rid of a load though. They can't have many if any left. Yes, I know they will get another million. But if they want more via warrants they will have to pay for them.

Quick Google for P2 ready asset is 86% discount and because 1801 is ready, it would mean 1802 is almost ready. Just some preclinical work to do. So the valuation would be based on 2 x TYK compounds and 27% share in 737. There might also be some value in the Skil platform but I think Aurora/fkt3 is shelved for the foreseeable. Do make your own mind up. All time highs would seem very cheap IMO.

Yep, I'm not happy with the dillution but I already sorted that. I agree with Damion. This feels like the last roll of the dice. The switching from 1b to 2a will require more funding for the trial design and trial and that will mean another place or 737 to come good. We'd need the likes of RMM to do a value analysis to work out a value for a TO based on a successful P1.

Aber, maybe that's all he can afford. He gets a decent salary but we all live up to what we can afford. I work for a living as do lost here but most of my investments are locked away do I dont have the option to liquidate anything so for me, my extra buys are from my disposable income slush fund. Maybe JR is in the sane boat.

2nd quarter starts next week. We might not get the data, for a month or two but the short WRAP timeline suggests they aren't hanging around.

Made me laugh this, Kat. I've always done this and I'm not sure why others don't. I once had a glorious run on PYC, for about 3 weeks. I was riding the daily fluctuaions. Making approx £200 a day. No much but was £3k richer for not doing anything. Use the volitity to your benefit. When I had an AIM portfolio. I aimed for £250 a week profit. Again not much but that was a pretty easy £12k a year added to my pot. You don't need a system just a simple spreadsheet. Ticker, date, buy price. That's all I use and for the shorting trolls. Thats why I've been buying the way down. I know I can sell a big chunk on the way back up and I know when to sell in profit.

Correction. Forgot to add my 5k shares bought this morning. I have 23k shares to play with on top of my 50k main pot.

I've traded SAR for 12 years. Sold out completely twice and taken profit via top slicing many times. I've increased my pot by 30% this week and have a record of the buys. If we see a spike on 1a data, I will top slice again. My main pot is 50k shares and I've got around 17k shares on top of that to play with. My SAR shares own me nothing so I'm just playing the game now and have been for 3 years or so.

I've no problem with shorters. If it's legal, then it's fair game and at least someone is making money. It's also nice to troll the so called saviors, those who are trying to save us money. Well, I'm a lost cause. I said earlier, I will keep buying while under a pound. I increased my pot by 20% this week. So the dillution is now covered. I will take part in the placing too, just for the lolz. And if your really are going to Disney land, hope you have a great time. We'll probably not see you until Tue, you know because it's, "family time". I wouldn't be looking at my phone if with my kids. Not worth the time you lose with them. Live in the moment, health, family and friends are more important.

Just had a little top up, mainly because, why not and to troll those that seek to help us save our cash. I will keep buying while ever under a pound. It's as simple as that.

Agree with all of of that, PC.

I love reading Advfn for fun. I love that I/we can live rent free in their heads. So much of their time spent repeating what is said on here. And for the advfn guys. I don't know what is going to happen. I've bought anyway and you know, it might just turn out great. I'm a free rider BTW, like a lot if the LTH so, technically, I will have lost nothing.