Share Capital1 Nov 2018 08:26
Looking at past performance of other biotechs we need to be prepared for the next company re-structure. SAR has almost 3bn shares in circulation. All the signs are that there is news in the pipeline. My view (FWIW) is that nothing will happen before Xmas (but would love to be proven wrong). In January we will get a share consolidation (between 10 and 30:1) and news will then drop in February. Currently we have a buying opportunity. There will probably be another in January as consolidations rarely hold value. As the Scouts say, 'be prepared'. I'm hoping to be at the AGM but I'm not anticipating any straight answer to my questions. The answers will be cloaked but tone, body language etc will be everything. Mr Parker has been through all this before. Thoughts? Perspectives? Anyone?