Member Info for R55DRG

Bazza - agreed, it would be good if he could negotiate a purchase of all the Opti shares.

Thought he had missed out on his ‘top up’ today but hey, an hour after the bell two trades for a million shares each appear from 11.30 this morning - a matched buy and sell or maybe two buys?

Whatever - I am however comforted by the fact there is no manipulation of this share . After all he’s only acquired 32m shares without moving the dial on the share price.

Oh well, in typical SBTX fashion I’ll just have to go on waiting for the accounts or heaven forbid some actual news.

Bazzaman- I’m with you all the way here we need a radical overhaul because we are going absolutely nowhere under the ‘leadership’ of the current CEO.

As a business it’s technically a no to potential investors because as you say there is zero communication and how can you invest without information? However, this doesn’t appear to be deterring MD who is acquiring shares daily - I'm fairly sure he has added 1.1 million more across last Friday and today - if anything, he appears to have picked up the pace rather than slowing down. He is also rightly or wrongly acquiring these at shall we be generous and say an engineered price? What is his end game, is he just taking a punt or does he know something we don’t or could he be working with David Brierwood?

Ashman publicly declared that we would have Croda money before the end of December 2024 - we are just six weeks away from the end of 2025 and we are still in the dark regarding this and you are saying it could now be March 2026 before we hear anything!

I agree, what is the CEO doing? The whole business is a mess, administration is nonexistent and he can’t even be bothered to update the investors who employ him - he may have a few shares but as a director he should have more - end of but as usual he has blustered his way through this with promises to buy but no action.

The current charade has gone on for too long now - there is only one person making money out of this company and it’s Stuart Ashman and the longer he strings us along the more he receives. The gravy train has to end somewhere and it’s time for him to go. Skinbiotix needs promoting via modern, dynamic leadership who will create shareholder value because at the end of the day we are all in this to make money.

Jansy - Ashman moaned about having 300 questions at the last IMC - he’s going to have a damn sight more to deal with from ‘the plebs’ next time. A lot of water has gone under the bridge since he last addressed us - much of it polluted hence the stink around this company at the moment.

Whackery - he has been asked on numerous occasions. If my memory serves me right, he did say at either the last IMC or previous one that he would definitely be buying as soon as he was allowed to. Has he done so, of course not. He always claims he is in a ‘closed period’ or. ‘precluded from doing so because of information he is aware of’ etc, etc - just the usual old flannel from him.

The news blackout on this company is totally unacceptable and it lies firmly at the door of our CEO who has total disregard for long term shareholders of this company - as Toyin says he ‘can only come to one conclusion and I don’t like it’ - neither do I and I have confidence that many more pi’s feel the same way.

Aqua - in truth there has been little to laugh about with this share of late, today simply confirms this.

I have to say though your ‘pedal bin’ comment raised a smile on a dismal day. As a dear friend of mine would say ‘You gotta laugh’! 😊

Good luck all - we are definitely due some.

The trading pattern appears to indicate that since the 27th October he (Rock Nominees) has added at least another 1.2m shares since that date.

Contender - agreed.

If this is a horse race it’s the strangest one I’ve ever seen - just when the finishing line appears it disappears round the next bend. No wonder the runners and riders are f@cked the race has been running for over 5 years.

Patience has limits but I suppose it depends when you got in the saddle.

I’m unsure whether the Superdrug ‘deal’ is worthy of comment but anyway……

We should be two months in by now but the ‘shelf wobblers’ were a big issue and held things up…..no evidence of them in the ‘X’ link and if there was should they be renamed ‘ankle ticklers’?

I thought according to our CEO Acne was going to be ‘big’ but it’s looking like another Axis launch to me and is likely to go nowhere fast?

What is the deal with Superdrug - have they paid us for the ‘massive’ stock we had to supply, is it on a sale or return basis, if so we’re going to be hit with another load of useless stock when the expiry dates approach?

If I’ve missed something on the Superdrug deal my apology or is it another NDA?

Anyway, as many are saying it’s all about Croda - but as usual we know F all about this.

As a final observation, I see MD appears to have bought more shares today - given his connection to the horse racing game, do we think he likes a gamble (because atm this is a big one) or is he in the know?

Ashman meanwhile remains silent…..

No wonder more and more holders are becoming disillusioned with this stock - everyone here invested to make money, not lose it. Just how much longer can this whole painful process be dragged out?

The whole business is stuck in a rut, we need a dynamic CRO who promotes the business and uses the media to showcase the products - I sense that Superdrug have simply put boxes on shelves (anyone seen the all important shelf wobblers that were vital to the display?) and it will be another Ashman ‘blockbuster’ that fizzles out like a damp firework.

He has had his time and I feel is just running down the clock to eke out his overblown salary as long as possible.

Is there no one out there prepared to make a bid and put us all out of our misery?

Elrico

I don’t have the experience and knowledge of the market that you have - a couple of questions for your opinion if you don’t mind but fully understand if you don’t wish to comment:

I assume the 500k purchase of shares late Friday was Mr Dixon - there was a sale of 800k on Thursday (Opti) but no corresponding like for like transaction so I assume they weren’t transferred directly from Opti to Dixon? Therefore on a simplistic basis there’s another 300k sloshing around to be acquired if Mr D wishes say on Monday from that transaction?

My estimate is that he is now approaching the late twenties in millions of shares held (12%)- he’s a long way off the 30% where he would be required to make a formal bid (?) but he is acquiring at a fair pace and very cheaply at the moment At some stage he is going to come up against some resistance and have to pay more (once the Opti tap is turned off) but by then he could be holding an additional 15m of shares?

Any thoughts on what his end game is?

Great posts Toyin - I’ve had him filtered for some time now,

A point to all who are saying this is a good time to buy if our investor is loading up - he can’t be wrong can he or……

It’s ok to take a punt with a couple of thousand pounds bearing in mind we have absolutely no information regarding revenue etc (other than what we can surmise) but with £3.6m of purchases to date either:

A) He has money to burn

B) He is a fool

C) He has information that you or I as private investors are not privy to

I know which one my money is on and if correct, as Toyin says it’s material and needs to be released to the market.

Bazza - hopefully more investors seeing the light and additional votes to rid us of this incompetent CEO at the AGM.

Contender - I agree. This is basic housekeeping and any reliable business would have this up to date and properly filed. It begs the question what else is being sloppily managed but of course we haven’t a clue because we receive zero communication?

Stuart Ashman has a good financial package from this business and he needs to start earning it or as you and others are saying, it’s time he left. His performance over the last few months has left him wide open to criticism and he has done nothing to help himself in this regard. The longer he remains silent, the more difficult his next communication/interaction with shareholders becomes.

Another for the concern list is that the next mistake/error could cost all shareholders dearly - the share price languishes in the mid teens and the board have done absolutely nothing to stem the slide, some may even say the have been complicit. I’m convinced SBTX is wide open for a low bid and if we are taken out for much less than our true worth the blame will fall squarely at the door of our CEO and Board in whom I have very little confidence.

Bazza - I wasn’t surprised when Manpritt left in May, whatever people’s opinion of him, I’m convinced he left because he no longer wanted to be party to the Croda receipts situation and being FD he was in the firing line for any shall we say possible irregularities of reporting.

I agree with your opinion of Hewitson, he definitely didn’t inspire on the last IM but given the continuing Croda funds situation and the latest placing and share price manipulation I’m sure he has decided enough is enough. I thought he was a mate of Ashmans?

Just my take on the situation.

After yesterday’s pause in proceedings, looks like our buyer was back in force today - 2.7m shares acquired.

I make that approximately 4.25m since the market opened on the 2nd October.

Dustbin you really do spout some drivel.

I’ve been invested here for over seven years now and remain invested - I’ve sold these shares at 80p and made a good profit.This was five years ago, long before you arrived but no doubt you’ll tell us you were waiting in the wings for the right entry point given your amazing track record in investing.

SBTX revenue is the fastest growing on AIM - that’s a bold statement given you’ve nothing definite to back it up with or are you privy to inside information - care to share more or are you subject to an NDA too?

income streams - I deal in reality and until I see the audited figures then I’ll reserve my judgement.

Cash in the bank - no doubt all resulting from the latest murky placing that most shareholders haven’t a clue why £4.7m was raised when only a fraction of this was required for Superdrug. If as you claim we’re raking in the money why was this needed? In reality, we all know why and who has acquired the shares issued.

Transformational will be when the board and CEO start treating all shareholders equally, issue communications that keep everyone informed in a timely manner and when the truth about this so called NDA is revealed. If this doesn’t happen soon, then you can kiss goodbye to your squeaky clean investment track record because SBTX will be taken out for a fraction of its true worth and the blame will lie solely at the door of the board and our CEO.

Foggy - agree with all you say, it is frustrating.

Ashman and the board have completely disregarded loyal PIs of late. The news black out has left this business uninvestable to retail buyers. However, someone has seen fit to invest a sizeable amount to build a stake in SBTX so he’s either taking a huge gamble or has information that we are not privy to and are unlikely to until Ashman gets off his backside and levels the playing field for all shareholders. When that will be, your guess is as good as mine?

Yes TC, opacity without doubt for the lowly PIs but if you’re prepared to acquire 10% of a business I think we can safely say he has more information than we do.

Is Ashman complicit (which opens a whole can of worms) or totally clueless?

All will be revealed shortly I’m sure but in the meantime what has happened with Superdrug has this fallen by the wayside?

I have lost all faith in the Board but if a bid comes at a decent number I’ll gladly accept and rid myself of this soap opera.

Two more trades today totalling 500,000 shares - add these to the 467,000 yesterday and if as I suspect all are MD , this takes his total holding to 25.9m shares or just over 10% of SBTX.

All acquired at around .15p whilst the share price stagnates and loyal shareholders are left in the dark.

RNS from the CEO when he returns from holiday - your guess is as good as mine.