Member Info for Stakis

RR it relates to the o/o only - £2m / 0.055 = 36.36m (not £2m / 0.0055 as I incorrectly used to give 363.6m).

Agree with your other comments.

Lol thanks again C18 - maths never was my strong point!

Yes fair point C18.

Just done the maths on the o/o - if fully subscribed that represents an additional 363.6m shares !!!!!!

Apologies if I've missed it but what are the terms on which these can be converted into shares? I understand that the conversion price is 6.2p but even so, if / when they are converted, won't it represent a sizeable dilution?

I'm just about to subscribe for additional shares under the o/o. I expect it will be oversubscribed and scaled back but just wanted to fill in the necessary information gaps before I do!

Thanks Dalester - great story about the pregnancy! 15000 does seem a high dose although I can see your logic and the benefits to her are visible so good on you. Best of luck to you and your wife.

Hi Dalester. Just curious - what dosage does your wife take and in what form (i.e capsules / liquid drops)?

Congratulations C7. Can only imagine what must be a really big weight lifted off your shoulders - you must be floating around now!!!! Really pleased for you and your loved ones - they must be so relieved to

Cheers C7

Think I have missed something C7 (not unusual!). What exactly is happening on Thursday?

So one can sell their entire holding now at 6.5p, subscribe for additional 4/51 at 5.5p plus an unlimited subscription at 5,5p.

(granted it may be over subscribed and you may not get what you want.)

Interesting.

Interesting timescales Dick - how did you come up with them? i.e. "just about out of cash" and getting back in "next month".

I share the view that there is likely to be a placing and hence dilution but share C7's view that this may be be offset (or at least partially by some positive news so maybe not worth trying to trade / average down and risk missing the boat.

Decisions decisions ..............

Chester - I don't know enough about SCLP to guess which way it will go but to play devils advocate for a minute - what if they are burning cash and need a rights issue to fund the ongoing trials, thus diluting the share price and even then we won't know whether the trials will be a success or failure or somewhere in between.

As a modest sized holder I do worry a little about a rights issue and wonder whether I should sell - problem is there is always a carrot dangling!!!!!!

It always mystifies me how some "buys" are "sells" and vice versa. How does one know which is correct?

Yes a very merry xmas to everyone on here and all your loved ones.

May 2020 bring us all health ,wealth and happiness

Thanks again C7

I've just noticed the daily volumes on the 3 month chart above (I'm slowly learning!) - can see a spike on 23/10 when the volume was 7.7m - something must have happened that day I guess. Notice the spread also of 4% which I guess is pretty normal?

Best wishes to you too - only 2 more days and it will all be over .................

............... or will it? :)

Thanks C7.

Part ignorance / laziness on my part - not bothered about doing the maths for exact figures - was just trying to tap in to your knowledge on this share and what you're thoughts are when you see / post the various figures. Please don't take this the wrong way but the figures in isolation don't really mean anything unless you put some context around it.

Good point Dinoken.

I have always been of the opinion that a Conservative majority would be good for the SP at least in the short term (positive spike) but on the flip side with such a GE result, the £ would strengthen which is normally bad for this and other FTSE100 companies so maybe the spike might not be that big with the market having already priced this in. Taking that a step further maybe there is more downside that upside in the short term?

I know trying to second guess SP movements is fraught with difficulty but would welcome others thoughts.

GL all

Morning all - not been on here for a while but noticing the steady decline over last 2/3 months. Has there been some negative news or is the decline just a result of a lack of news / updates re the trials?

One other thing - C7 hope you're keeping well and I read your posts with interest. Forgive my ignorance but when you quote buy / sell / volume figures etc and what MMs will pay etc what is the significance of these figures? E.g. what is the average volume and what is the average spread %?

GL all

C7 it’s the full year results announcement on20/8. I’m sure there will be an update then

In my case yes - I've made 2 purchases at 3.8p and 4.5p and as far as I can see there have been many purchasers up to the recent peak of over 9p