Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I wouldn’t be so sure. Be careful putting money into a sinking ship. Sinking since p3 announcement that is.
I recently sold at 7p and have made a large return on that investing in biotechs on the nasdaq
Management have ZERO culpability. I would not be surprised if these p2 trials are delayed again or lackluster. Ventilated patients have high high mortality rates, I’m not convinced it will show any improvement. The SP might rise on announcement but will fall instantly when investors realise they’ll be waiting another year for results, which have no guarantee of success and then will have to wait 2 years for a p3 result or another p2 (after a raise that is).
And if you think I’m de-ramping ‘to get in low’ you need to wise up and stop being a sng fanboy.
The opportunity cost of being stuck in here for the last 18 months vs having been invested in other stocks has meant I could have nearly made up my sng loss by now and I’m completely disillusioned at this point after 3 statements by RM that will be in trials within 6 months and 3 times them failing to do anything.
Whoever sold £30,000 worth today at 7p has probably realised the same. Rant over
Looking at level 2 i can see people having been taking positions over the last few weeks seeing as the SP was so low.
With the annoucement of the H2 trials due by the half year report (End of september) i can see the SP moving into the double digits as they did (7p->17.5p) for the full year report back in April.
Take your positions now whilst it's still in the single digits for an easy trade or for long term gains :)
Doc - they have to first get a p2 started which will consume the rest of their funds (£15 mill).
They can’t afford to raise after the results because If the trial fails, it’s over. Plus they will need money for unforeseen costs & operating costs such as the high wages.
SNG have to raise funds if they are going to start trials.
Before I’m accused of deramping, after seeing the sp go from 200p to 7p all I’m doing is trying to generate conversation. If they do raise and people say where did that come from don’t come crying back to these forums saying you didn’t see it coming.
I’m concerned SNG will raise funds. £15-18 mill is just about enough to find one phase 2 study (as per phase 2 Covid study) & they have already confirmed they are planning to go it alone after lack of pharma interest.
With a lack of investor enthusiasm (as per current share price) we might see significant dilution even if they manage to get the sp temporarily up to 10-15p.
Still buying both yday and today. Tr-1 probably next week mon-wed
Anybody stating “big seller out the way”, may i remind you, polar still have shares, they could still be offloading the only change is we are no longer privy to their holdings.
No news leak, just a new buyer :)
What an absolute pleb.
I suppose there will be a statement from RM tomorrow at 8am and the sp will go to £5. Ridiculous post.
@city
Id love to know what you said.. assuming the call actually happened *facepalm*
179 is my guess
Sorry, forgot to thank you Brand for your top tier contributions. Much appreciated.
This is huge. I am shocked the SP hasn’t jumped, ofc there is an order being filled so maybe once that is done:)
HSD, if one nuke drops, plenty more will follow, what is your plan? keep driving thousands of miles away?
Woodstocks point went straight over your head, as do most things it seems.
seems like a share xfer is going on
you're right! Russia is planning to release a chemical agent which switches off the entire worlds interferon beta, before they do, they will buy 10million treatments of sng001. Excellant.
If you sell 3 shares now you will get close to £6, off you go
Andy, you need to go outside , hit a joint or have a beer, good grief.
almost like they were waiting for a certain time period to lapse after LPD to press the "post" button :p
Counting money meme
@scar
Once again, it's not their job to educate the public on the intricacies of clinical trial conduct. This is an example of understanding how clinical trials work + what they have told us = conclusion.