If I was Takeda, Astra Zeneca or GSK this would be a no brainer for 40 million .. why don’t they go for it .. GSK spent a fortune buying Sierra for just one product .. makes no sense ?!
The CTA application will either be accepted on resubmission or rejected. If it’s rejected we’re back to where we started and below 50p .. if it is accepted then I believe it’s back to £1.50 to £2.00 overnight
Watching AIM at the moment is so tedious can’t get any upward traction on anything .. SAR, RKH, BOR, GGP, ARV, POW, BOIL, GFM, CDL, POLY, Predator Oil ..these currently really are the Dogs of War!!
That’s quite reassuring indicating our current experience with MHRA is quite common with 50% of applications requiring further information (as people on here have noted before). Just a shame we are not n the wrong 50% because the link does say a lot of these situations are avoidable!
In spite of nearly all our friends and family having had 4 Covid jabs and the flu jab (and in some cases the pneumonia jab) people are dropping like flies all around us with a really nasty cold bug.. sore throat, thick head , mucous chest and snotty blocked noses and it lasts for ages up to 2 weeks in some cases. Is it possible all the chemicals we have been stuffing into our bodies has actually weakened our natural immunity?
It is 4 weeks since the RNS advising of problems with the CTA application.!We have not received a written confirmation that the 1801 application has failed or been rejected yet so that’s good news. That suggests SAR are being given time to put things right which is good news too. So feeling quite optimistic of good news and a retrace to at least £1.50. Not sure I’d be totally happy with a deal at Neogene’s level which is about 5x SAR current market cap. Still hoping for at least 1 billion for the final sale.
Posed the question last week. Any thoughts out there on likely share price if CTA approval RNS comes through in next few days? I’m thinking back up to £1.50 + but ever the optimist!!
I think an announcement is imminent they are just dotting “t” s and crossing “I” s to make sure they’ve got the wording right. They would not want (and don’t have to) go into an AGM with this big elephant in the room.
RE: AGM shareholder portal is www.signalshares.com24 Nov 2022 08:24
Oo great it’s at PH offices so hopefully might get some indication of what they have been doing for last 12 months. Sadly I’m up in Manchester that day (to see Jools Holland) so sadly can’t go. However hopefully that means another RNS re 1801 is imminent too because they don’t have to rush into holding the AGM. Was amused by a comment from my daughter in law yesterday when I said I was hoping to attend a few AGMs now; she goes to them in the course of her work and said a lot of retired people go to these events .. it’s the free drink and food that attracts them .. guess that’s me now!!!
For what’s it’s worth SAR and Bitcoin are both down about the same % YTD! Completely pointless bit of information I know but just illustrates how volatile markets of nearly all types are!!
As this is likely to return to £1.50 + once the CTA is approved and as 97.5% of CTA applications are approved (50% plus 95% of 50%) then as a pragmatist this looks like a pretty good bet from the current level! My next “sell” trigger is £3 so will need a bit more than CTA approval to get to that!! Might sell some at £2.50 as my fingers are a bit twitchier after the last few weeks here!
Is this RNS new information or just republishing old research. The RNS refers to a link but couldn’t see the link? Who has done this research .. was it Sierra?
I thought they might have said something after they had responded to MHRAs request? However happy to wait for MHRAs response to our answers. Would be a lovely day if we got the approval hopefully back towards £3
RE: Has been an awesome end to the week !19 Nov 2022 14:15
Great end to the week .. having catastrophically piled in rather “over enthusiastically” on 20 October it only has to go up another 100% and I’ll be above water .. but I still like the mood music here!! I’ve waited a lot longer on other AIM stuff !!