RE: Not selling21 Jul 2020 08:51
In my opinion it does sound like they are trying to slow down this share. When it happened at ODX it was obviously related to the already agreed placing that had happened in the background. We still have Home Trial & COPD results still to come which could make SNG fly even further. My theory is takeover talks have already taken place but if they don’t slow us down the price could be astronomical, even for the big boys so they’ve asked to try and slow it .
Not sure that’s gonna happen though.
I’m been sitting on 10,000 of these puppies from way back when they were my biggest paper loss. Might top slice at £2.50 but other than that very very happy to hold and see where this goes. While Acacia are still selling up the MM’s have some shares to trade but once that final 2% goes or Acacia finally see the light , then strap in as the MM’s start trying to activate some stop losses.
Good luck all