Member Info for Warthog4

60,000 gone at 31.50????

The best that Parker could understand notwithstanding his so-called glittering career in the City

A great CV but what did he actually achieve.

"....in a market that's resembling a casino these days."

In reality it has been a gambling den ever since "big bang" when the City was deregulated back in 1986, and niceties like

"dictum meum pactum" were thrown out of the window for ever.

PCS 1954

In your post of 11th Feb. you stated:-

"A copy of this posting will be sent to IR@sareum.com during the course of next week, to which, I trust I get a reasoned response."

You'll be lucky my Friend. As I posted at the time the IR email system is not working and has been the same for a long time.

Conclusion: IR don't want to have to answer awkward questions As they are uncontactable makes one wonder what exactly they are doing for their money, rather like Parker.

Spot on Potnak!!

Electricians/plumbers/plasterers etc are naming their own price plucked out of the air. The most prevalent cunning wheeze is they quote you £xx for a job and when you enquire how long it will take they say "about 2/2.5 days" which, when brought down to an hourly rate seems reasonable. They then take just over (or under) 1 day making the hourly rate something Sushi Rinak would grab with both hands.

It is rife- my last plumber was charging £330/day + VAT or about £80k pa allowing for 4 weeks in the Bahamas!!

The other NLE is the "call out charge". So, £20 for a replacement ceiling fan: 10 mins to fit it then £60 call out charge.

Memo to the Chancellor: if you want to know some of the root causes of inflation get out into the real world.

Parker fee increase of 56%.mmmm! How justified??

£92k for 3 days a week-NLE Rodney.

Yes David-I'm afraid freedom of speech is under the biggest threat ever from the cancellation/censorship culture and its self-appointed disciples, which when added to an increasing incidence of ignoring communications which ask awkward questions, rife at all levels of government and increasingly in IR Depts, is reducing shareholder/public confidence to an all time low.

Very good summary of where we are in terms of mediocre management PCS but surprised you haven't received any form of vitriolic comment from the owners of this board, especially the one who sounds like a dishwasher liquid.

Good luck with contacting IR- every communication from me over the last few months has come back with "out of order" or similar.

Reassuring Potnak. Thank you for a civilised response.

Well Potnak, whatever transpires we need to get a move on. SP down another 7.5% this morning making over 40% in the 28 days since the blip following news of the 737 licensing. News expected "in H1" (other companies work in Q's) which still has over 4 months to go-do the maths if this trend continues!!!

".....with the right............ management/marketing of the science, investment and value "

Parker et al please note

"Whilst the Company has yet to receive a formal letter of non-acceptance, the MHRA has indicated that it seeks a review by the UK Good Laboratory Practice (GLP) Monitoring Authority, or further support, of the non-clinical data submitted as part of the application to approve the clinical study. Sareum and its advisors are seeking additional clarification from the MHRA and will provide an update on next steps for resubmission as soon as possible."

Rush? Most certainly not but with the SP plunging rapidly, now back to where we were nearly 7 years ago, a degree of urgency is beginning to look attractive because the lower we go the more dramatic any news will have to be to get us back to anywhere near reality.

Turnover 1.65 m shares out of 522.05 million-hardly earth moving.

Lazarus

The risk assessment for any company is primarily the quality and consistency of its management.

In this case the company is UK plc: its management resides in Westminster.

On the back of your comprehensive note, I rest my case, distressing as it may be.

Hopefully, Sareum as a totally research oriented entity at present, will be able to avoid the consequences of the flight of capital elsewhere, but if push comes to shove and other Exchanges/markets have to be considered, then hopefully our BoD will be able to adapt accordingly.

We had to go to Oz for better approval/testing facilities: why not financing as well if it becomes necessary?

"At the moment, a monumental news or business event that puts 5x on the price … still doesn’t get the share price to where it should be."

Probably not but hands up all those who would not sell at today's SPx5 on the basis of a bird in the hand rather than the bird in the bush of "where it should be"

Aha!!!!!!

Only 2 posts to this BB in the last 30 days-I thought that would tempt you out of hiding colby!!

Remember Aber.-believe in the science!! Worry not that the SP is now at the same level as nearly 4 years ago despite all the

"good news"

Agree about Parker floundering about at the AGM. All we get is "it was the best option available" but no detailed explanation as to why.

Why should he care- on a cool £58k for a three day week, doing what nobody knows, then if we go up the pictures he will resign and .... off to another Nice Little Earner.

Cynical- you bet your horses I am- fed up, like many others, to the back teeth with endless prevarication, jam tomorrow and appalling IR (email still not working-wonder why) been going on for well over a decade and even the most bullish contributors must be having more than a smidgen of doubt.

Hang on?? Jury still out.

Agreed. We hit the magical 440 then collapse 1.6% in a matter of a few hours!!!

Somebody want to keep the lid on it.

Just FYI I have been trying to ascertain from IR if they intend to investigate the dubious share dealings which decimated the SP a few weeks ago.

"Ho ho" I hear you say "you'll be lucky"

Quite!!! Rather like extracting blood from a stone and treated with Stock Response No 43, repeated parrot fashion, the traditional refuge of those who do not like awkward questions.