The future and expectations..22 Jun 2026 17:27
A few weeks ago a rather astute and sceptical shareholder on here (I can't remember whether it was Vince, Fastfood or another?) voiced the concern that Frazer Lang's huge shareholding could pose a problem in depressing the share price on any good news..
This appears to be born out in fact (although we are still waiting for confirmation)..
But I'll go one further, not only do the management have options all over the shop, there are some huge shareholders on here..Neil, Jace, among others... Brondby said he has circa £30k and I'm sure there are many others with similar amounts.
We have now seen in real time experience what supposed earth shattering good news does..
The share price goes down.
If this is a pattern there are still £100,000s in many different hands, that I'm sure are in it for profit of whatever nature.
Over the last 2 years I have stated scepticism about how high the share price can go. Everything I've seen up to this point, seems to indicate that this will never reach some phenomenal threshold.
Europe will be far away and the NHS appears a distant dream. There are many other companies out there now developing lung cancer and other tests.
I'm afraid this is a perennial damp squib.
Wildgild is probably one of the only few to have predicted this.
There are some inflection points to come but if the selling continues it's not going to mean anything. And if people are learning by experience I'm guessing there will be more selling at lower price levels.