Member Info for RichTheNewbie

Had a chat with Richard Marsden this morning. Very nice and helpful chap.
I was mainly seeking clarification that if Pharmaxis were bought outright (rather than a deal being done for the LOXL2 drugs) that wouldn't be a problem for Synairgen's interest, and he was happy to confirm that kind of thing is anticipated and isn't a problem.
Purely speculation on my part, but I get the impression we'll see more positive developments closer to home at some point, as I think he could have answered me more fully regarding certain things (but that would have required making me an insider which I have no interest in being).

First time we've had an uncrossing trade in ages.
Looks like another 100k of the PI sales bought up by someone quietly accumulating and trying not to push the price up.

Just to be absolutely clear (in case some people get confused/concerned) it's not LEAP with the huge debt, it's the competitor that oldmanriver mentioned, that I was referring to.

Hedgehog - no worries ;)

oldmanriver - it's worth noting they're carrying a quarter of a billion dollars in debt on their balance sheet. That MCAP would be miles higher if it wasn't. You could probably treble that number.

The graph on that page suggests it's for this quarter. However it seems to be showing the revenue for the quarter as 9.5m not for the year (and different figures for other quarters).
I'm not sure it's very accurate as I've just compared it to a different listed company's revenue figures from their RNSed half year reports and the figures are completely different. And also has figures for the period not even ended.

It's got to be a prime candidate for IMG to consider gobbling up, whether to save paying LEAP and keep the profits, or to steal a march on competitors by making it a differentiator for them, and denying competition access to it.

In glass half-full mode.....if it wasn't for the Woodford factor I'd have a considerably smaller position and therefore my likely reward upon success would have likely been considerably lower ;)
Every cloud etc.

Conversely I've raised my position as I think the downside is now minimal and upside is massive ;)

also those = all those

Thanks - but to be honest I don't have the time.
Interesting that it's CPU based rather than GPU.
I wonder if that's a double edged sword, which potentially hinders adoption by also those with existing GPU-based mining assets, but thereby presents an opportunity for others to get in ahead of them, and potentially exploit traditional cloud-computing power, rather than needing specialised GPU-based mining equipment to keep pace with others.

Yeah first post was a typo should have been Nov 17th and Nov 18th. The volume has jumped massively in past day and a half.

Forgot the link:
https://pegnetmarketcap.com/daily-volume

Pegnet's gone into overdrive.
Pegnet volume on May 17th - 1,865,875.44
Pegnet volume on May 18th - 7,634,987.16

Another 100,000 block picked up around the 7.5p mark whilst the PIs continue to sell in small dribs and drabs.
Someone still continuing to mop up the sells around the bottom it seems.

ODONNELL, for the love of god, do some reading yourself instead of asking everyone else to spoon feed you, or relying on what people post on here.
If you're actually truly interested in actually learning about blockchain, then there's more stuff out there on the internet about it than you could ever possibly read, so there's plenty to keep you going.
Your total lack of knowledge about virtually everything is scary, and yet you claim to be just continually putting in more and more money, blind. You'd be a lot better off if you started to spend the time actually understanding what it is you're investing in than hanging on the words of people on a messageboard. It's clear you don't have a clue.

I've written several letters to Santa, and been a very good boy, so fingers crossed ;)

Second line should have been dollars obviously.

And that's the nub of it.....$390m upfront and $1,000M in milestones.....

17% of that would be over £66m upfront and £170m in milestones.....

Synairgen market cap....under £9m and with SNG001 looking very good.

It's a deal, it's a steal, it's sale of the fkin century, to quote Lock Stock ;)

Back on the subject of the actual trading....there does seem to be a concerted effort to accumulate around 7.5p before easing off and hoping for more sells before buying some more roughly around this price (give or take a little).