Member Info for SssEee

For a few weeks now I have had the Accustem (125U) shares show in my online sharedealing account, but they have no value associated with them and cannot be traded. Does anyone know approx when these shares will be able to be traded? I was expecting by the end of 2020.

zeratul, you ask why would someone hold onto share options with an exercise price of $0.44 when they will be granted more options with an exercise price of £2.80.
*If* they believed the share price will be higher in the future than it is today, then they should hold onto them - because selling them at a higher price will earn more money.
On the other hand, *if* they believed the share price is likely to drop in the future, then they should sell now, because selling now will earn more money than if they wait longer.
So, based on them selling today, do you think the directors are more likely to believe the share price will go up or down?

tom111, but if you (as a director and knowing how the company is performing) were certain the share price would rise above $2.80, then why on earth wouldn't you wait until it did so and sell even more shares then?

tom111, if you had 500,000 shares that you could sell today for $2.80 OR you could sell them in 3 month's time for £3.50, what would you do?

Share price down 5% already. Looks like the market think it's bad news, not just me

zeratul, what sensible reason would the directors have to "take money off the table" if they genuinely believed the share price would rise in the next few weeks/months? They had to make a conscious decision to sell, and had to take steps to do it - why would they expend time and effort to do this if they were confident the share price would continue to rise?

zeratul, what sensible explanation would Sean and Darin have to exercise and sell their shares now at $2.80 if they believed the share price would rise in the next few weeks/months?

Sean had 500,000 of Share Options.
These Options have an Exercise Price of $0.44.
On 16 Dec he chose to exercise 500,000 of those options
This means he chose to pay $0.44 per share ($220,000 total) to convert those Options into real, common shares.
The next day on 17 Dec he sold "disposed of" 365,400 of those common shares for £2.83 each.

Why would he "cash in" on his share options at $2.83 if he believed the share price would go up?

He obviously believes the share price is probably not likely to go up any more and that now is a good time to sell.

This is not simply share option churn. The RNS clearly states

"Sean Tetzlaff Disposal of common shares 365,400
Darin Labrenz Disposal of common shares 540,000 "

Sean sold about $1 million CAD of shares, about £580k
Darin sold about $1.5 million CAD of shares, about £870k

If the director's believed Pure Gold was just days away from posting positive news share-price-increasing news, then why would they sell any shares now? This appears to be yet another warning after several warnings of other sales from other directors

In the Sydney Morning Herald article:
They are testing anyone with symptoms. But if someone has symptoms, they should stay at home anyway, why do you need to go out for a test to tell you that?
They refer to the COVID PCR test as "the gold standard of diagnosis". But a PCT test can NEVER be used to diagnose any disease. And a PCR test is far from any gold standard. a PCR test can only indicate if a fragment of RNA is detected - it is not designed to detect a whole, living, virus, let alone whether a person is infected with the virus, and it certainly cannot indicate whether or not a person is infectious. The traditional gold standard to diagnose infection is to perform a full serological test and sequence the full viral genome to see if it matches SARS-CoV-2. But noone seems to be doing that. I wonder why.

This was news to me, too. It appears to be buried deep in the Proposed Fundraise RNS on 24 June.

https://www.lse.co.uk/rns/VLS/proposed-fundraise-inlgy4c54c9fowa.html

How many other shares does director Robert Pease still own? If this sale today is a small fraction, this is not as big a warning sign. But still, to sell over $200k worth just before the first pour makes me think he knows the pour won't be as good as most people expect - he thinks the SP will go down.