Member Info for Toffeeman123

SGS failure priced in when it hasn't officially failed, but will drop another 50% as and when failure confirmed.

Perhaps they should rename themselves Loopdown Group.

to come as well reading the rns

discovered in Angola due to sell for $70m. If we could just find half a dozen of them the SP might nudge 5p and the professor can get a placing away at 2p.

Best guess the warrants will be extended by another 12 months. Once any funding is sorted I actually think a buy and hold for a year would be a good plan as SGS seems priced in to fail and most of the rest are around all time lows. Having said that you can buy most yourself and save the "management" costs.

Saving grace here is that, imho, all the big sellers have now cashed in their chips, meaning any new series of big sells, 10million or above, will be forward selling of any placing, hence giving at least a bit of warning for anyone still unfortunate enough to be holding.

to be fair if I thought there was a bit of good news coming for them to pump to get a placing away I would be a definite buyer to sell half way up the pump. I think no one is buying because they don't see any good news coming.

Well, if they have 12 months cash I reckon most companies in this position would be looking to sure up cash position 6 months before they run out. If I knew there was to be no raise in next 6 months I would be a buyer of at least 100,000 shares, as new deals or progress with products could see a nice rise. As it is with no such assurances I could just be chucking 15% down the drain in the next week or so. Far safer just to wait for the funding, whatever it is, to be confirmed.

Absolutely. So to summarise, todays pitiful sp is totally self inflicted. Even if Bungay had said in his comments todays results mean further funding would not be required in the short term this would be 50%+ up. The fact no comment was made leaves the Sword of Damocles dangling right over the buy button.

No idea, its just they said they needed one. Baffles me.

Hopefully they will use this rise to forward sell the placing that everyone has been worried about for months now and we can get it out of the way. Maybe even get a loan, unlikely as that may be.

No trades for over half an hour and SP moved less than 1%. Much ado about nothing.

This sits on my watchlist below two other Pharma/medical shares, all three have hit 24 month low this morning. There may be a lack of news here but other factors at play. Sadly I don't think a turn around in the wider market for this type of share is imminent, so its a couple of deals at least required.

to get their next conversion at an increasingly lower SP. Terrible.

Really must learn to keep my mouth shut. Seller has inexhaustible supply apparently.

that this went over £2 and the more bullish commentators were targeting five pounds. Now folk are worried about the possibility of five pence. Hardest game in the world.

It was 5p only a few days ago. Something about to occur hopefully. Just need the block seller to stay away this time. Or they may be finished?

Hopefully he will be able to see the wood for the trees.

But while there's moonlight
And music and love and romance
Let's face the music and dance

Don't know if Im reading this correctly but they are inviting folk to take part in the placing without knowing the price? Don't think so!