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Looking a little deeper, since the share placing was announced, Link and Lansdowne have reduced their shareholdings by several million shares ans Griffiths has reduced his holding by 8.4% to less than 3% so where have these shares gone and who the hell has bought the 40 million additional shares in issue since placing/
*******PS sorry it dont suit your ramping agenda oilornothing but its without doubt a relevant question.
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/SNG/14520467.html
Lansdowne have offloaded 5.4 million shares in less than 2 weeks
Never been on AVCT board or any other my very good friend!!!
Obviously by your classy choice of language you must be the CEO or Chairman of a FTSE company!
Silly boy!!
Oh well gonna get crucified for this but here goes!
(Following todays very late RNS which aint been flagged on here)
Bearing in mind that institutional holders know infinitely more about the price potential of SNG than everyone on this board combined, why are Lansdowne reducing their holdings?
If in their expert opinion a significant rise was imminent then even if they invested heavily in the placing at 35p they would not under any circumstances be unloading.
Aint trying to deramp as I actually increased my own holding earlier today but for the first time I am a little uncertain how to proceed.
Honestly hope I am wrong for the sake of my own bank balance and COVID sufferers.
Lets phrase it as manipulators shall we!!!!
Anyhow lets hope for some positive "official" news sooner rather than later to unify us all (apart from the derampers) !!
My pleasure iamrich!
Just out of interest and for the purposes of clarity and without wishing to get in a slanging match again with you, which part of my 1st posting on the matter do you disagree with?? Are you saying that ther are not posters on here that try to ramp the sp up??
No Manifesto!! It dont!!
A lot of very useful info available on this board but also too many rampers and know it alls!!!
I dont profess to know anything technical, medical or "Richard" personally like plenty!
I only profess to putting a few bob on what is the investing equivalent of a roulette wheel in the hope that I will make a few grand!
Irrespective of what some of the rampers on here will tell you, prior to the link with Covid the price of the share, EVEN ALLOWING FOR THE TRIALS OF THE DRUG FOR OTHER PURPOSES was under or around the 10p level up till the middle of February
When the biotech sector came into the very speculative spotlight in Feb the price increased to around the 25p level.
Since the trials of the drug were related to the Covid outbreak on March 18th the price has basically hovered from between 40p and 75p and drifted awaiting news.
If these trials are not successful, and I will repeat EVEN ALLOWING FOR THE TRIALS OF THE DRUG FOR OTHER PURPOSES, the price will return to at best estimate the 10p level.
However if successful the price will certainly be in ££s rather than pence.
Also dont believe all you read on this board as there are plenty of day traders who basically try every angle to ramp up the price of the share!
Note that I have had a punt on the share which is on the basis of all or nowt!!
As the saying goes, do your own research but FFS do not believe everything that some folk put on here!!!
Iamrich, is the CEO Mr Marsden known personally to yourself?
Just wondering as you always refer to him as "Richard".
Perhaps that could explain why you are so remarkably knowledgeable and provide us always with such a reliable source of constant info.
Asking for a friend of mine of course.
GLA
DYOR
Stay well
During my chat with Richard earlier tod
A polite request.
Please could you stop posting such sensible comments as they are not helpful to the eminent specialists, epidemiologists and virologists who patronise this BB.
Thanks in advance.
Why didnt they put a lock in clause on the placement?? Unless perhaps when first announced to the institutions and wealthy individuals the price was much closer to the 35p mark??
:) !!
I love you iamrich!!
Hopefully very shortly we will both be rich!!
Iamrich you have stated " evidence to suggest SNG001 will be a success, firstly i would say read the posts on this board past 24 hrs".
Please can you provide specific evidence apart from the opinions on this very media to suggest that SNG001 will be a success to back up your assertions or are they purely based on what you have read on here.
This is not meant to be a facetious posting but a genuine one based on FACT that there have been no official leaks as to the success of the product in the trials and that that "specific evidence" is based on the notions and opinions of those who post regularly here.
I will reiterate for the avoidance of doubt that on the balance of probabilities we will all make a very good crust from this share and that i am a holder at an average of 47p per share but I am finding it increasingly difficult as I am sure others are to discern what is fact and what is fiction based on pure ramping or deramping motives on here and the animosity towards those that may share the same motives as the majority but are fed up of the regurgitated garbage posted.
LP is anyone allowed to have a view or opinion that isnt yours??
https://messageboardfools.com/bashers.htm
Brilliant!!
Due to current situation is there a video facility available to the shareholders to see whats going on at GM on Tuesday morn?
(After 4 weeks of being a shareholder I regrettably have not received any docs advising anything!!)
Could that 250k buy be an investor who shorted on around the same volume on the 5 x 50k ish trades reported a day late from yesterday of around the same volume and bought back on the high rise to save his shirt?
Perhaps Mohh!!!!!!
Well said Boston.
Get your tin hat on ready for the clowns to rip your head off though for being sensible!!!