Member Info for Ssccss

I was referring to the mcap when we were at 15p. Sorry for the confusion.

Poker, please can you explain to me where JHFH got 15p as a minimum. Sorry if I'm being dense on this point.

Poker, it's not the number of shares that concerned me, it's the SP's proximity to the nominal value of 1p.

Thank you Poker. So the rules are around market cap. So no take over happening soon then.

Why would...not why wouldn't.

Thanks, I'll take a look.

My point is why wouldn't company pay 35p (15p) per share now when they would get a much better deal if shares are consolidated. They still get them at 15p. I think consolidation is an option because having an SP so close to nominal value is an issue. The capital structure is flawed.

There won't be a takeover until after consolidation then.

Is that actually true JHFH? Seems madness.

Sorry Dan, I meant to direct that question to JHFH.

Why 15p? Interested in your maths. That's 35p per share in pre Mint disaster money.

Vlad is hemo...

Agree Dan.

It would be good to know how much was sold.

JHFH, if you were so confident people were going to flip yesterday and hence the SP was going to take the main brunt yesterday, why the early ramp about what a strong day it was going to be? You change your tune repeatedly.

JHFH, thank you. I do understand the concept of forward selling. It encourages flipping because a profit can be easily made. Hence the fact people bought the shares says nothing about their faith in hemo.

I don't think Vlad would allow a takeover.

Mylucy, it might be better to get the new shares issued next week. Give that time to settle, then there may need to be some restructuring of some sort. After that, once we have a new slate, it might be better to start issuing the research updates. If they issue them now, I have a feeling that will just encourage people to flip their 1.5p placing shares to recoup their previous losses, then they can buy at the bottom again, double win.

It is difficult to tell at the moment because we haven't had any further information on research progress. Future funding is up in the air. We are still in the middle of a massive upheaval/aftermath of the disaster of Mint. With so many unknowns, we can all only but guess IMO.

DanRey, me too but if it does happen, it will take time, lots of it. I think we have to accept that. Any quick rise is not going to be based on a strong foundation.

Sell up? I'm well under water. Like all other LTH here, I will average down when we stop getting screwed over. If you don't like my posts, filter me.