Member Info for SirTradealot

Yes it is: https://online.hl.co.uk/my-accounts/security_deal/sedol/BQB6FF8

"Thanks Mr Ozzy. So it is. It's moving up and down with the share price too so it's plugged in and waiting for the Microsalt Ticker, whatever that is to, to be populated."

Yes, quite obviously a "placeholder".

What "tie in" exactly are you refering to?

Personally I would prefer they focus on making the existing investee companies a success.

Looks to me like an attempt to dangle "AI" into an RNS to try for a higher valuation.

I wouldn't dismiss soft drinks companies, Pepsico is one of the biggest snacks companies in the world.

I'm excited about Microsalt but filing a patent application and stating you "believe" something to be true isn't a game changer.

They don't attempt to quantify the reduction in baking time, nor do they use an adverb such as "significantly". The reduction could be de minimis.

I also find it a little disingenuous that they highlight the size of the bread market. The company won't sell bread, it will sell (or licence technology to produce) salt.

And see here the tweet from TEK: https://twitter.com/tekcapital/status/1684839113524965376?s=20

Personally remain yet to be convinced about the integration of ChatGPT into glasses, but to be fair, from an aesthetical perspective that is truly a lovely pair.

As they've explained in annual reports etc, the buy back is merely to offset dilution from share options in favour of employees/directors.

Wouldn't shareholders on here be equally unimpressed if Cliff had personally exercised pre-emption rights while depriving them of the same opportunity?

If it's right that LUCY was the second highest traded share on Nasdaq after Tesla when it announced ChatGPT features, that is pretty amazing!

Agreed although the word "advertisement" isn't for Lucyd, the picture just hasn't loaded on your browser!

"MicroSalt, a business that has developed and makes a proprietary low-sodium salt".

How can Simon Thompson not even get this right?!

For those wondering, Microsalt is NOT "low sodium"; it has much smaller crystals than normal salt, so the saltiness is maintained with much less product, meaning overall you don't need as much salt to accomplish the same thing.

Why the arbitrary 2 week figure?

Unless you've got insider info, you're just as in the dark as the rest of us and what you "would expect" is utterly irrelevant.

May as well dust off the crystal ball.

I don't get it. It must have been foreseen that Microsalt and Guident would need further funding prior to IPO/sale. Why not just do a big raise in one go and let existing shareholders exercise pre-emption rights. The costs involved surely can't be so prohibitive compared to destroying good will and suppressing the share price through a series of placings.

BREAKING: Small illiquid shares can be highly volatile.

Who knew?

Never ceases to amaze how people are willing to put their money into a company's shares and don't bother to read what that company tells them.

No need to spell Salarius any more, the company's name is Microsalt, it changed months and months ago.

As I understand it, Microsalt is simply salt with smaller crystals, so it would already be permitted without the need for regulatory change? If that's right, then I would argue this regulatory change might actually be a little unhelpful for Microsalt. I doubt it will make a massive difference in the end, because how successful Microsalt is will depend on the taste and economics, but allowing manufacturers to use salt substitutes might mean a bunch of them first try something else instead, rather than Microsalt.

Or, food manufacturers who want their products to taste the same (to keep their consumers happy) will need to look for alternatives that let them comply...

No major competitors, no outstanding debt, solid management team, and a clear focus on shareholder returns. Just a really good company with excellent products and continued growth prospects.

Only real business downside is cyclicality but it's rated accordingly.

Just wish there was no withholding tax on the dividend (sadly I have to hold outside of a pension).