Member Info for sativa

More loading up today

I agree with this: a price around 50-100p today is possible (bias towards lower end). Anything above 100p is not realistic in the near future

no chance

depends on the volumes yesterday, I would assume they are still filling up

Apologies, to answer the question: PE has 3 options, (i) sell out immediately and cut the losses, (ii) average down, and hope to reduce losses, or (iii) continue as the share price decrease is not related to the reason the PE invested.

"Has anyone on this board ever seen a similar situation to this one? Where a large investor increases their holding on bad news, if so, can you tell me the situation and how it played out. Many thanks."

It depends how terminal the news is, and why the investor bought in. In both scenarios, the board will need to be swapped out, or at the very least, be subject to votes from the investor.

Poly are not in the business of running pharma companies and providing medical advice. Private equity invest in companies they perceive have growth, which can be upscaled, and then exit within 3-5 years. It is simply a cash transaction to make more money. Hedge funds (like Poly) will likely have a shorter time frame 12-24 months.

Whoever drafted and approved the RNS wording should exit too

Should be a fun few days

maybe

Woodstock speaks sense: Poly are looking for the least damaging exit

... are some people investing if they don't understand nominee accounts, voting rights at 25%, day trader ramps, lowering averages.

This share is not for the faint-hearted. On the plus side, these endless (mindless?) posts create a community and market sentiment I suppose

Bought in at £1.86 in January, just recovered my losses. Dangerous game this, be careful!

RNS

Waiting too - worst share deal in my 3 years of playing the markets, fortunately not a lot spent

5p!

Bought a t the top this year when I listened a bit too often to an eager dogpog.. And dropped lower and lower ever since :(