Member Info for superritch

I really don't get the market reaction. It is clearly very good news (unless I really am missing something?!)

We have protected the downside massively as others have said and that surely should strengthen our position and the share price.

When will the market start to believe in the FI and Rockhopper?

Yep, seriously damaged my wealth but I remind myself that it was entirely my fault for having a too high a % "invested" in AIM and in a single holding.

I should have got out at £2 when everyone was becoming greedy....Buffet et al reminds us to be fearful at that point and in truth I was but I guess I also got greedy with the talk of tens of ££££s and stayed in the water just a bit too long :(

On the plus side if it drops another 90% this time I only lose a few hundred quid :)

…and specifically mentions Rockhopper 😎

Labour are going to destroy this country and this time it will be much harder to fix economically and socially. Hopefully our Israeli "masters" won't need to look to the lunatics in power in the UK and can fund this and progress the FI opportunity without them.

Hoping for the best but to some extent we are in the hands of the incompetents and eco zealots in Westminster

Only 320k for me but anywhere near a pound and my retirement fund is done

Absolute bunch of crooks the lot of

Good info and you make a fair point XKR. The one thing that may change this is if these examples had multiple fields in production or development so the % rise only reflects part of the overall business.

In the case of RKH this is IT so a go ahead decision should, in theory at least, be more significant

25 representations!? Some bloke wants to add a gate to a field near us and there have been over 40 representations 🤣

Nah, more nuanced;

Cambridge, UK, 15 June 2021 - Sareum Holdings plc (AIM: SAR), the specialist drug development company, announces that it has raised £1,470,000, before expenses, through a subscription for 30,000,000 new ordinary shares of 0.025p each in the capital of the Company ("Ordinary Shares") (the "Subscription Shares") at a price of 4.9p per share (the "Subscription Price") (the "Subscription").

This subscription is by the same high net worth individual who subscribed to shares to the value of £900,000 as announced by the Company on 1 June 2021 (the "Subscriber").

Under the terms of the Subscription, the Subscriber will also be issued one five-year warrant, exercisable at the Subscription Price, for every three Subscription Shares issued (the "Subscription Warrant"), which can only be exercised following the Company's closing middle market share price being above 7p per Ordinary Share for five consecutive days. The Subscription Price was set at the closing ask price on Friday 11 June but represents a discount of approximately 14 per cent. to the closing middle market price for Sareum Shares on 14 June 2021.

Also cjh, if someone offered you 9 x the current market value for your house would you take it? I would :)

£30 ? so well over £3bn, er ok! if you want!!!!

£1bn is around £9.3 I think and given that would provide the HNWI with a 100% return he/she might consider that a fair return, tbh I still can't see that is likely given where the SP currently is. Normally there would be a level of buying in the open market up to the required trigger point for a formal bid and there has been no sign of that.

I remain hopeful but this still seems like a gamble like all AIM stocks

You have to be realistic, this is a highly, highly speculative stock with only a small chance it will get anything actually over the line and reward shareholders in the manner we hope.

The old adage of never invest more than you can afford to lose applies more than ever to this kind of company.

If you are in over your skies here then go and read what happened at Synairgen or 4D Pharma, people on here might try and tell you it was different but really it isn’t; AIM, Drug Development cost and complexity, BigPharma and our own very real greed and dreams conspire together to create a very dangerous environment.

If you’re over invested then please be careful, the losses I made at Synairgen and the horrible stories I heard from people who had gone “all in” because they had been told “we know it works” was horrible

Two faced Argie clowns. So they will be developing oil and gas in their waters but want to stop the same in other countries waters :) this will be met with the contempt it deserves by Navitas and the FIG

Of course that idiot Starmer might agree with the Argies

This really is turning out to be a false dawn. AIM shares are a fraud tbh, stuck in this and a couple others but would never waste my time and money buying on AIM again

no two ways about it, marsden is nothing more than a crook, effectively stealing money from naive “investors” including me who were stupid enough to believe his half truths and to allow him to enrich himself for years and years. sng was my final new aim stock and i will never dabble in this circus again. i got caught on the wrong side of the original rns and lost £60k, i wrote it off two years ago but it’s taken a long time to recover. sickening to think that my money really has just gone into his and the rest of the boards pockets. i hope the ****er eventually pays for this

And yet the SP stays put!

Fell out with Italy and Argentina? LOL

Yeah sure, for absolutely no reason whatsoever. Both those corrupt nations constantly “fall out” with anyone they do business with or play football against.

I need a £6-£7 for retirement so less chance for me but you never know :)

Pump and dump

So not an MK franchise fan then?