Member Info for TraderMatt

Today's Values:

£300m Mcap - £2.77 SP

£1bn Mcap - £9.25 SP

£1.5bn Mcap - £13.89 SP

Trial Information, thanks to HbD.

Note the recent updates

Registration number

ACTRN12623000419662

Ethics application status

Approved

Date submitted

31/03/2023

Date registered

27/04/2023

Date last updated

26/05/2024

Date data sharing statement initially provided

27/04/2023

Date results information initially provided

26/05/2024

Type of registration

Prospectively registered

Have I missed something or does the update suggest that initial results were shared today? If that's true Sareum must be in receipt of the data...?

The signals suggest they're after shares and thinking perhaps there's an increase in volume coming, probably FOMO pre-bank holiday jitters

Math that sits well with my estimates earlier this week of 250k ish sold Monday and Tuesday, possibly a few more. I think 300k tomorrow and Friday the final 100k or so to round off. Perhaps then an RNS of progress late Friday or early Monday.

From my observations (could be way out) but i saw potentially 100K shares sold yesterday for what I believe were the RF Warrants, there's easily another 150k this morning, meaning they're possibly at least 25% of the way through selling up their final load. Add in some potential forward selling last week and we could be very close to a big lift just purely because the larger sells will dry up. Certainly by Friday I think RF will have no affect on the SP any longer

Thoth may he rest in peace, does his prediction still hold weight? £14 sp would equate to roughly £1.5b deal, perhaps 1801 and 1802 £600m each plus then £300m from 737? Stranger things have happened.

I trust he is dancing in heaven with his champagne filled yacht

Just Monday morning excitement following RF warrants being issued and relaxation of the stresses on the SP. Probably anticipation of news, but nothing yet still a fair few weeks to go

Mms keeping a tight (ish) lid on it. They don't want big buys going through to raise the price too much. Trying to keep it at this level to max out profits for when news lands

Noticed it too SOG, ticked up to 28p on my trades.

Really confused why everyone is upset about comms from SAR. They can't release any other information other than what has already been issued via RNS. They aren't going to tell you anything new. So there really isn't any point contacting them.

Hangover from yesterday for sure, but even though it's not buy, that doesn't necessarily mean it's a bad thing. Very likely RF selling which I'm clocking over 600k shares shifted today. Can't be far off seeing the final RF salute

I kind of agree, perhaps not exactly 20p but the early 20ps. The RF finance is still in play, some selling to come and news needed. The bull run is still potentially around the corner, I'm thinking there's a possibility of a 5x here on news

There's a lot of chat about base prices, where the SP is going and support etc.

Very difficult to pin anything like that down due to the subscription shares being issued on Friday, there's still some RF selling to come. That is the one thing holding back the SP at the moment, when they clear their final tranche, we should see some stabilisation to more realistic levels, possibly likely to coincide with news.

For now GLA and see you in a few months for the Phase 1 RNS

Quite surprised at the rate of return to sensible SP levels. I was predicting circa 30p by the end of the month.... might need to revise that to "end of the week"!

I strongly agree that the receipt of positive news could multi bag the SP.

Just awaiting the next tranche of RF subscriptions to be requested, assuming it will be today/tomorrow/Monday.

Must be another RNS incoming shortly for RF requesting the next bulk or shares. Hopefully chopping another £200K off the bill

*quantity rather than quality

Thanks Mathsprof, the issued share quality and outstanding balance are not aligned, hence we could be further down the path of completion with RF than anticipated. Funny feeling that some of the cash from the WRAP might be used in the coming days to settle up.

GLA

An interesting observation:

RNS 9th April: "the Company expects to settle all balances by the issuance of Subscription Shares prior to the Maturity Date"

RNS 15th April: "the Company expects to settle all balances by the issuance of Subscription Shares or by cash prior to the Maturity Date."

Or by cash? So the change in direction maybe that they're aiming to settle up soon. I think perhaps one more issue to £500K and then a pay off and goodbye. Starting to get a more positive feeling about SAR again, here's hoping by the end of the month RF is settled. Perhaps then we can see a reparation of the SP to somewhere around 30p by May, news in mid may would be lovely and seeing north of £1 by the summer.

Perhaps then end of the year a serious offer which we would need to vote on, hoping one of these big market cap smashing offers materialises.

I'm definitely not sure about the legal requirements for wording in an RNS and the finer details of the AIM rules about distinguishing between warrants and shares. My understanding is that warrants are shares that are to be exercised within a given time frame.