Member Info for Silverfoil13

The price got to £4.50 (9p old money) which I know because my son sold a decent chunk of his shares at that price!!

I believe Messrs Reader and Mitchell have just over a million shares each (I think) so they will be keen to see funding resolved probably more than any of us.

Decided to bite the bullet and top up from proceeds of selling some other dross!! Never bought at such a low price in all the years I’ve held SAR. Reckon news must be imminent and hopefully there will be enough good news to take it up from these ridiculously low levels. Just knowing there will be enough funds in place to get to final results on 1801 1a should boost the price.

I know I’m torturing myself but I can stop myself checking for news! Something must be very imminent now. I’m expecting a double whammy of an update on 1a testing and the announcement of a new funding plan which combined will see a dramatic rebound in the share price. I’m watching this space!!

60p

Sorry £6 million raise not 7.1 million ! I was thinking 71 million shares at 10p but then thought 8.5p more likely!!! I’m sorry I have a cold !!

I’d raise £6 million .. 71 million shares at 8.5p and get the job done to get us through 1801 1b and 1802.

I would love to buy more at these prices but am fearful of pouring any more money in until the mood swings back in a positive direction with some positive news. My average buy price is 1.3p old money 65p new money so my current holding sits at a hefty loss like many but at least I did sell some in the summer of 2021 so one of the lucky ones sitting on an overall gain although that is little comfort when looking at the losses on the remaining holding over the last year or so.

Assuming the BofD were looking at the sale of their shares at a decent price to fund their pensions (and assuming they probably didn’t have the nous to make pension contributions out of income) then they are suffering like other LTH and will be keen/desperate to arrange some minding of funding to take us through 1b. If they and we are all in it together then there is still hope.

Hope you have a successful trip today .. great effort .

Do we know on what basis GBX came up with £1.70 or was it a complete guess?!!

PCS .. you have a much better handle on the numbers than most .. any thoughts what value the “Bay Bridge Bio calculator” might come up with for SAR?

I’m guessing you may already be familiar with the chart? If so can you hazard a guess what SAR should be worth given current stage of testing?

Hi Gunnar .. if the BofD do try to raise capital from us hard hit investors which I think is inevitable I would certainly be expecting some sort of quid pro quo from them including the offer of reduced salaries all round and absolutely definitely the dismissal of the utterly useless PH as advisors whose appointment has coincided almost to the day with the tumultuous fall in the share price.

If 1801 and 1802 pass muster then a 1 billion valuation is still certainly feasible. With no dilution that is £14 a share which was the dream we all add. The route to raise money will almost certainly involve a dilution. So maybe we just have accept that after money raising there will be twice as many shares in issue reducing our dream target valuation from £14 go £7 a share! I could live with that and it would still be life changing for many. Rather have £7 a share than diddly squit! If we were to raise £7 million at 10p a share would that be enough to get us through 1a and 1b on 1801 and 1802?

Dead right Parrot .. no one likes a “know all” .. let alone God

Just as my beloved ManU somehow contrived to beat Liverpool, the much better team today, against all the odds then hopefully SAR can overcome the odds currently stacked against them and come though this very difficult time and achieve their goals!!

Appreciate you comments Razor; you hold more than me and as a significant shareholder you have every right to challenge management and I notice there has been no negative posting on here by you either.

Irrespective of what happened at the presentation if you are not interested or invested in PRD becoming successful then please just go away .. it is incredibly tedious. If you are shorting or have some other good reason why you want the share price to fall then just be honest and say so .. the positive posters and investors here are generally pretty open and honest about their positions. Call me naive but I’d rather be naive than tedious.

Wish I had been at the meeting I would have happily taken on the disruptors .. what is their point? If they don’t want PRD to succeed then go and find another share they do want to succeed. I loathe shorting and also derivative generally. I feel very optimistic about this share and it would be great if the tedious prophets of doom would go away and just leave us to enjoy our PRD profits in due course.

Anyone have an idea of how much cash SAR may currently have left?