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There could be a number of reasons Lansdowne have sold.
They have most definitely sold their placement shares by now for a tidy profit. They or others could be doing the same. TR1’s would be the only way to find out.

Also II’s have many reason to sell (nothing to do with the company) everything to do with their own policy / bottom line. For example they might only be allowed to hold 5% turnover shares in a business. Share price goes up they have to sell down back to 5%.

As I say many reasons.

Lansdowne have their own issues.
They need money and they are up on us so they will sell shares. This is no reflection on Synairgen, it a reflection of the nightmare markets they are in.

We should also remember we have a buyer.

Synairgen has faced a huge headwind.
First we had Richard G selling his 8%
Next we have placement (much needed)
Now we have Lansdowne selling some shares.

That is the joy of AIM. Yes I wished Richard had locked in the placement shares, but time was against them, they needed money urgently to start trials and recruit consultants.

However you can only sell once. Richard told me this would be an investment not a day trade and that makes sense.

For me this is an exciting journey. We have Asthma and COPD results looking very good. We now have Covid19 results looking the same.

No matter who sells or how hard they shake, I am holding my shares to the buy out.

Good luck all and listen to your research and make your own decisions. Don’t be influenced by me or the trolls that populate and spam this board.

One thing is guaranteed. I won’t be out of this share over the weekend :-)

Ghia

I agree. Richard already commented about international discussions and he had a webinar this week with Evercore. Anyone that has been involved with a drug company that has a successful drug, will know how crazy it can get. Hence Richard is lining up support to handle such discussions.

IMO this company will be bought out quickly. Certainly within the next 12 weeks. A bid can land any day. World press might be ignoring what we have, but I’m 100% certain the biggest drug companies on this planet are all over it.

With a MCAP of £65m we are also a sitting duck quack!

I have no doubt a buyer is accumulating shares.

This is not a day trade drug.
The price is falling as we have a II selling and day traders jumping ship because they have not seen a 100% return in 12 hours.

You can only sell once.

No press today.
Time for some to call LBC and make this the headline news it should be.

Nebulisers can be reused for sure. There are many different brands most allow critical parts to be changed. Indeed I have one at home which allow the mouth piece to be switched.

As for Interferon supply we have our own bespoke formulation and long term supply options. They ha e a team working just on manufacturing and procurement.

The cost of use will be low compared to some as it is self administered. Given the cost of to the economy, I believe they will use and support anyone with a treatment. Combine this with Bill Gates and others who will also want to save the world by pumping billions into any treatment, I think we should be fine.

I do agree if a £1 tablet come along that would be cheaper and more adopted. But how likely is that ?

Morning all.
It’s a new month and hopefully the II selling met their targets and the head wind is gone.

I think we all agree this share is well under the radar of press. Even yesterday’s announcement has failed to his one newspaper!

GLA.

Very interesting to see no delayed trades as yet.
1st May tomorrow maybe seller has finished. Total guess work !

It’s impossible to tell the buys from the sells today.
We should be around 15m trades today.
Remember we had that 135k buy on the news. Money is moving in.

As we said last night, this is a significant step forward for our business and will put Synairgen on the world stage.

Guys please just report our trolls. 5 reports and they should be kicked. Thanks.

I have tweeted and emailed links to every news channel.
Anyone with contacts to press or journalists please reach out to them. Anyone with ball please call LBC 03456060973

See you later Floyd and others.

Amazing update by the Synairgen team.
We are now hitting radars of press and bidders.

Anyone got hold of James yet at LBC 03456060973

Early stage drugs go for £250m
Advanced around £1 billion
This is a world issue so who knows allot more than you think !!!!

Now we should see some very large buys start to appear.

Well done all. This is just the start.

The hard work for the teams at Synairgen starts now.

We should make some headlines now.
The eyes of the top drug companies and politicians will be on us now.

Good luck to those selling !

Richard will update the market.
He might have to update with unexpected news. I have no doubt discussions will be intensifying with potential partners or potential bidders. This is a drug which historically has attracted a bid, whilst on the asthma study. It has now progressed to COPD and now Covid19.

I think we will get extra news when it lands.

For now Richard just needs to focus on delivering these highly complex and high pressure trials.

Anyone got through yet 03456060973 ?